Reddy Kancharla Discusses Construction Trends for 2023

 Reddy Kancharla: Construction Trends to Keep Track of in 2023

The construction industry is dynamic and often a recipient of the newest technologies. The previous years saw the world at a standstill. Regardless, the industry continued to evolve. Today, Reddy Kancharla talks about construction trends to look forward to in the coming year.

A key trend in almost all industries is sustainability. While sustainability is more than a trend, it might be an entirely new practice for some construction managers. The construction industry isn't a stranger to waste. According to Reddy Kancharla, sustainability as a trend and movement seeks to reduce waste in all aspects of development, including the supply chain. Many construction companies embrace and support sustainable building by employing environmentally friendly construction methods. Governments, businesses, investors, and schools are participating in initiatives to help them reach their net zero emissions target.

The cost of construction of materials will continue to increase as logistic challenges are still present due to the pandemic and other political issues between nations. However, reports indicate that construction-related inflation's effects will lessen sometime in 2023.

In 2023, there will be an increase in dependence on women in construction. The labor shortage is encouraging construction companies to offer labor jobs to women. Many women find a promising career in construction and find that the pay gap between men and women is smaller in construction than in other industries.

There will be more smart cities by 2023. Modern households have several smart devices working at once, shares Reddy Kancharla. These devices help individuals find information more quickly and efficiently to keep their houses green with minimal effort. Many modern households in a single area make for a green city. Green cities can be synonymous with smart cities. These help residents live in safer, happier, and better environments. Such developments give engineers, contractors, and other construction professionals opportunities to innovate.

Reddy Kancharl had recently worked for various companies such as Testwell, Inc., where he served in various capacities, including president, vice president, and chief engineer. To read more from Reddy Kancharla, click here.