December 2022CONSTRUCTIONBUSINESSREVIEW.COM6The global construction demolition market is subject to rapidly fluctuating labor market and cost trends due to increasing supply and demand. However, long-term predictions of the market reaching $55.54 billion by 2030, at a CAGR of 6.1 percent, indicate the growth of a greener and more efficient industry. The need for sustainable development shapes the industry's competitive landscape so embedding the latest technologies is the center of attention. Novel technologies are being introduced to demolish high-rise buildings. These advanced demolition systems feature safety, energy conservation, and environmental protection. A new method of demolishing buildings involves using computer-controlled hydraulic jacks to support the bottom floor as the supporting columns are removed. The floor is lowered and this process is repeated for each floor. This technique is safer and more environment friendly, and is useful in areas of high population density.To put the spotlight on other key developments in the industry, Construction Business Review illustrates how the construction demolition space is leveraging collaborative approaches, innovation, and technology. This edition also features thought leadership articles from subject matter experts. Some of the exclusive insights are authored by Richard Kimber, Managing Director at DPR Construction; Abdulmajid Karanouh, International Director, Head of Interdisciplinary Design and Research at Drees & Sommer; and Eugene Seah, Managing Director at Surbana Jurong. They shed light on performance improvement and efficient project delivery, transforming the construction industry from a multi-disciplinary model to an interdisciplinary one, and the material passport approach in construction. In this edition of Construction Business Review, we also bring to you the story of the top construction demolition service providers leveraging top-tier expertise that builds trust while razing down structures. In the list, Ancora Engineering stands out for its design and consulting services to the New York City construction industry. We also bring you the story of Landmark Environmental Demolition, providing specialty and selective demolition and environmental remedial works, and VIET, whose modern fleet of iron, diverse expertise, and unmatched determination facilitates them to successfully tackle some of the largest and most complex projects across every sector.Through the following pages, we aim to shine a light on the innovative trends and latest developments in the construction demolition industry. We would like to know your thoughts.Eco-Friendly DemolitionsEDITORIALCopyright © 2022 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffDavid VincentFred SmithKevin DavisFredrick GallowayJames FerrerRose D. WilsonManaging EditorRobert MathewsVisualizersSalesAsher BlakeJames D. PhillipsSales@constructionbusinessreview.comEmail:sales@constructionbusinessreview.comeditor@constructionbusinessreview.commarketing@constructionbusinessreview.com December - 20 - 2022, Vol 02 Issue 06Published by ValleyMedia, Inc.To subscribe to Construction Business ReviewVisit www.constructionbusinessreview.com Robert MathewsManaging Editoreditor@constructionbusinessreview.comDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOs
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