Robotic Automation and the Future of New Single-Family Housing Construction (For-Sale Builders)

Overview:

The future of new single-family housing construction is here, and it is being ushered by robotic automation. Robotics and automated systems have revolutionized the construction industry, bringing about significant future potential, such as reduced building time, decreased labor costs, and improved safety regulations. According to McKinsey's report, by 2030 up to 45% of tasks could potentially be automated in the construction industry. The International Federation of Robotics also notes that installations of industrial robots in the building industry increased by 13% annually from 2014 to 2019.

Current State of the Construction Industry:

The construction industry is facing tremendous challenges today, from labor shortages to increased construction costs. Tradespeople are aging out and younger workers aren’t replacing them fast enough, with the Bureau of Labor Statistics estimating that over 200,000 construction jobs are currently unfilled in the US. Furthermore, the National Association of Home Builders found that 76% of builders reported cost and availability of labor as major problems, pushing the need for automated solutions.

Robotic Automation in Construction:

Robotic automation presents a viable solution that could mitigate some of these challenges. Advanced machines can now perform a wide range of tasks, from concrete pouring and bricklaying to plumbing and electrical work. By adopting these technologies, PwC estimates that labor costs could be reduced by up to 20% in the construction sector. Additionally, the adoption of construction robots can lead to 30% fewer work-related injuries, according to a report by Oxford Economics.

Impacts on Single-Family Housing:

The advent of robotic automation could considerably transform single-family housing construction. Research conducted by McKinsey found that fully-automated construction methods could reduce construction times by an estimated 40%, meaning a new home that typically takes six months to build could be completed in less than four. With the progression of robotics, BIS Research suggests that the annual spending on robotics in construction could reach $11.2 billion by 2025.

Key Takeaways:


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News in Robot Autonomy

News in Robot Autonomy