Latest technology trends in Construction Industry 2024

Technology is changing fast and makes way for digital transformation in the construction industry. Emerging new technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT) are helping construction companies eliminate long-standing inefficacies and low productivity.

New technologies are fueling the growth in construction. In this article we will explore the most promising construction technology trends in 2024.

Augmented reality

Augmented reality and virtual reality is the latest new technologies across the construction world. AR helps create a computer-generated image of the users imagination. Virtual reality on the other hand creates real-world experience through a simulated environment.

However, AR is quickly taking over as an emerging trend with its benefits and uses over VR in the construction arena. Already in 2019, the industry share was at $9 billion, and, by 2030, it is estimated it will grow to a staggering $150 billion.

Imagine the power of visualizing the real world through a camera lens. AR systems can display critical information about equipment while the user can look at components or see display warnings when there are risks nearby.

Building Information Modelling

BIM is a unique technology that promises to bring more accuracy to the building process. BIM will prove to be a game-changer for the construction industry with its ability to depict project development in an open and highly collaborative environment.

The technology offers several benefits to construction companies. It makes resource management more accessible, enables enhanced collaboration, and helps people stay in touch throughout the project.

The new technology allows you to tackle important challenges like budget overspending, QC issues, and project delays. You may come across the latest version called the 5D BIM, which provides shorter project cycles, project scope understanding, and increased productivity.

Leading names that have embraced the technology include the Dubai-based architectural firm Killa Design, a pioneer behind some of Dubai’s most iconic buildings, such as the Museum of the Future.

Some of the top BIM software solutions available in 2024 include Autodesk BIM 360, Revit, Navisworks, Tekla BIMsight, BIMobject, and BIMx.

Drones

Drones have been used in construction for over a decade. In 2023 and beyond, expect more sophisticated and AI-oriented drones. With real-time aerial imagery and 3D lidar scans, drones are revolutionizing construction procedures.

Expect more interoperability with Scan to BIM mode on drones, taking microseconds to share construction data with other BIM-based platforms.

3D printing

3D printing involves making three-dimensional buildings from digital models, was first used in 1995. In 2023, the current trend includes creating 3D models via 3D software programs. 3D technology helps in creation of better and more efficient models.

4D Simulation

The research and development in the construction industry gets new boost with 4D simulations. The technology provides solutions to save time and cost for onsite and offsite projects.

The Mott MacDonald company applied 4D simulation to its  Haweswater Aqueduct's Bentley pipeline project, saving the company 20 days.