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Construction Industry’s Summer 2023 Outlook – PlanHub

worker looking at construction site

As the world slowly emerges from the constraints of the pandemic, it’s a good time for us to look forward to how different sectors, including the construction industry, will fare in the near future. This article discusses what the construction industry can expect in Summer 2023.


Better technology


As technology advances, so does the construction industry. Construction companies are investing more in technology to streamline their processes, reduce waste, and improve efficiency. Drones, Building Information Modeling (BIM), and Augmented Reality (AR) are some of the fascinating technologies currently transforming the industry. They are making construction work more comfortable, safer, faster, and less expensive. In Summer 2023, these technologies will be more advanced, cheaper, and readily available, making construction work faster and more efficient.


Labor shortage solutions


The construction industry has faced labor shortages for years now. However, the pandemic has heightened the issue, with many skilled workers retiring or switching to other industries. Summer 2023 brings hope for the industry to turn things around. Most construction companies are on the lookout for resourceful ways of attracting and retaining talent. For example, they are exploring new training programs and apprenticeships to nurture new talent. To address the issue of workforce shortage, the industry is also looking at using robots and automation, making construction processes less labor-intensive.


Sustainable construction


Sustainability in the construction industry is becoming more important than ever. In the coming years, it will become a staple of the industry, with more emphasis on green construction. You can expect to see environmentally friendly materials such as high-performance insulation, green roofs, and energy-efficient windows becoming more popular. The use of sustainable construction materials will reduce the carbon footprint of buildings. Green building certifications such as LEED (Leadership in Energy and Environmental Design) and others will become even more critical in the industry.


Affordable housing


Affordable housing remains a significant challenge globally. However, in Summer 2023, there will be some progress in the industry’s affordable housing efforts. The construction industry is looking at ways to build more affordable homes using cost-saving technologies and alternative construction methods. With the help of technology, it will be possible to construct cheaper, faster, and more energy-efficient and sustainable housing.


Enhanced safety measures


Construction is one of the most hazardous industries globally. The industry has been improving safety measures in recent years, which will continue in Summer 2023. Construction companies are looking into using wearable technology and sensors that can detect and monitor threats in real-time. These innovations will significantly reduce the number of accidents and injuries on construction sites.


Summer 2023 will bring many exciting changes for the construction industry. From better technology to automation to sustainable construction, the industry will continue to evolve in terms of efficiency, safety, and sustainability. The affordable housing and labor shortage issues will also significantly improve with the help of technology and new construction methods. The future of construction is bright, and construction companies must continue to be adaptable and embrace new technologies and construction methods to stay ahead in this competitive industry.

About PlanHub

PlanHub is the fastest-growing, cloud-based preconstruction platform that connects general contractors, subcontractors, owners, and material suppliers to build relationships and improve how they collaborate, manage their business, and win more projects. Created by contractors, for contractors.

PlanHub is the most trusted end-to-end pre-construction platform, serving 55,000 general contractors and 350,000 subcontractors. PlanHub provides easy-to-use tools that connect construction professionals, simplify the bidding process, accelerate takeoff and find more leads, and access to in-depth market intelligence and dedicated personal service and support to help manage and grow their businesses.

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