IoT in Construction Market Trends

IoT in Construction Market Trends

The IoT market in construction is undergoing significant changes that are improving project management and execution. A major trend is the growing use of smart sensors and wearables. These IoT devices are installed on construction sites to monitor equipment performance, environmental conditions, and worker health. Smart sensors provide real-time data on temperature, humidity, and machinery status, which aids in better decision-making and proactive maintenance. Wearables also track workers' vitals and alert them to potential hazards or unsafe conditions, enhancing overall site safety and efficiency. For instance, October 2022, PERI, a leading manufacturer of formwork and scaffolding systems, digitized construction sites by implementing IoT solutions in collaboration with Deutsche Telekom and SYFIT. This initiative aims to enhance the management and tracking of formwork elements across various construction projects.
 

In the construction industry, the push for sustainability and effective energy management is fueling the adoption of IoT technologies. These technologies are instrumental in monitoring energy consumption, tracking waste, and ensuring adherence to environmental regulations. With the help of smart meters and sensors, construction firms gain real-time insights into energy usage and environmental impacts. This empowers them to adopt sustainable practices and curtail their carbon footprint. Such initiatives resonate with the industry's increasing focus on green building practices and environmental stewardship.