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Construction Industry Top 10 Trends in the Next Decade

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AEM presented 10 top trends for the future of building construction, among them alternative power, the electrification of compact equipment, autonomous machinery and sensors for increased safety. Referencing recent aviation fuel regulations plans, the California Air Resources Board's (CARB) ban on small engines on new equipment starting in 2024, the Environmental Protection Agency's (EPA) new greenhouse gas emissions rules for 2023–2026 passenger vehicles and light-duty trucks and the EPA's plan to reduce greenhouse gas emissions from heavy-duty trucks starting with 2027 models, the AEM whitepaper asserts that construction companies will see their fleets change over the next decade, as well. Major corporations continue to invest in renewable energy like biofuels, solar and wind power, as construction companies and large contractors commit to net-zero impact pledges for new buildings and infrastructure. The United States' commitment to cutting carbon emissions by 50% by 2030 will spur "the electrification of many segments of the compact construction equipment market" over the next 10 years, according to AEM. Thanks to the advanced 5G network and cloud systems, equipment tracking will allow real-time visibility into productivity and maintenance on a Jobsite, so operators and contractors can make sure they queue properly and have the most efficient job flow they can.


AI is Transforming Business Landscape

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Artificial intelligence is advancing at an incredible pace. If you haven't been following their progress, you'll be surprised to learn about AI's widespread adoption in every facet of life. A massive AI revolution is happening right now in the business world. According to the World Economic Forum, 85 million jobs will disappear, and 97 million new ones will emerge thanks to AI by 2025. We've entered an era where machines are no longer mere tools in the hands of humans but companions that work side by side and provide enormous value to any industry.