The Artificial Intelligence (AI) in construction is anticipated to grow at a CAGR 35.7% during the forecast period 2019-2025. The factor such as the demand for efficient planning and other processes in construction advance technology such as artificial intelligence is driving the growth of the AI in the construction market. In addition, the rising need for construction safety has shown a positive impact on the growth of the market. The adoption of drones, robots, and autonomous vehicles in the construction industry is driving the growth of the AI in construction market. The companies are adopting technologies for mapping, surveying construction sites, aerial imaging and automate the construction operations. This is developing immense opportunities in the near future for the growth of the AI in the construction industry.

Get Sample Copy of Artificial Intelligence (AI) in Construction Market at: https://www.omrglobal.com/request-sample/artificial-intelligence-ai-in-construction-market

The key players of AI in construction market include Autodesk, Inc., IBM Corp., Microsoft Inc., Oracle, Inc., SAP SE, Doxel, Inc., Volvo AB, Smartvid.Io, Inc., Assignar, Inc, and ALICE Technology, Inc.

Artificial intelligence aids the owners and contractors by providing a supervised learning system from collected environmental data, building data, and material data to identify the most productive way to create a building. Construction business is using an artificial intelligence system that recommends to a builder regarding the materials to be used and costs needed to create the home based on available data in a few seconds. However, the factor such as unstructured construction environment and unskilled workforce are hampering the growth of the AI in the construction market.

For More Information, get A full report of Artificial Intelligence (AI) in Construction Market is available at: https://www.omrglobal.com/industry-reports/artificial-intelligence-ai-in-construction-market

The construction companies are using the capabilities of the AI for designing, quality measurement, safety, and management. The design applications create a machine learning algorithm to offer designers along with anticipatory design models that are based on the preference of customers. The AI application joint generative design models with projects to offer a preliminary schedule and estimated cost. AI has the ability to do tasks similar to that performed by human intelligence such as recognition, decision making and planning.

Market Segmentation

Global AI in Construction Market by End-User

• Residential
• Public Infrastructure
• Heavy Construction
• Others

Global AI in Construction Market by Application

• Planning & Design
• Safety and Efficiency
• Equipment
• Monitoring & Maintenance

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/artificial-intelligence-ai-in-construction-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com/

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: [email protected]
Contact no: +91 7803040404