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Artificial Intelligence (AI) in Construction Market Forecast

Report ID: FBI 7238

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Published Date: Sep-2024

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Format : PDF, Excel

Regional Forecast:

North America

The North American artificial intelligence in construction market is primarily driven by the increasing adoption of advanced technologies across the construction sector. The U.S. holds a significant share due to extensive investments in AI-driven construction solutions aimed at improving project efficiency, safety, and productivity. Major construction companies are leveraging AI for predictive analytics, project management, and enhanced design processes. Canada follows closely, with a growing emphasis on sustainable construction practices and smart buildings, which fuels AI integration. The collaboration between tech companies and construction firms is also fostering innovation within the region.

Asia Pacific

In the Asia Pacific region, countries like China, Japan, and South Korea are rapidly adopting AI technologies in construction. China's construction industry is experiencing a technological transformation, with national policies promoting digitalization and smart construction techniques. The incorporation of AI in project planning and supply chain management is helping to address labor shortages and increase operational efficiency. Japan has a strong focus on robotics and automation in construction, employing AI to enhance safety and streamline processes. South Korea is witnessing a rise in the use of AI for smart city projects, driving demand for intelligent construction solutions that integrate various technologies.

Artificial Intelligence (AI) in Construction Market

Largest Region

North America

35% Market Share in 2023

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Europe

Europe's artificial intelligence in construction market is characterized by a strong emphasis on sustainability and innovation. The United Kingdom is leading the charge with initiatives promoting the use of AI for energy-efficient building design and construction management. In Germany, the focus is on Industry 4.0, where AI technologies are integrated into construction processes to optimize workflows and improve safety outcomes. France is also actively investing in AI solutions that address urbanization challenges and enhance infrastructure development. Overall, the European market is shaped by regulatory frameworks encouraging digital transformation and the collaboration between construction firms and tech innovators.

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Artificial Intelligence (AI) in Construction Marke...

RD Code : 24