Construction Industry Accelerates Transformation with Carbon Reduction and Digital Technologies
The construction industry is rapidly transforming through carbon emission reduction and the adoption of digital technologies.
Challenges in adopting and operating smart construction equipment include the burden of initial investment costs and difficulties in securing skilled personnel.
The city of Incheon is supporting the digital transition of small and medium-sized businesses by partially subsidizing software adoption costs and providing technical consulting. It is also considering incentives for joint bids with large construction firms.
While rising construction costs due to strengthened eco-friendly building standards pose a realistic burden, the introduction of automation and smart technologies can contribute to alleviating labor shortages and reducing safety accidents.
Companies that secure specialized technologies can expand their opportunities to enter external markets, and the response of local firms amid the industry's shift toward technology will likely determine the future market structure.
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