OCTOBER 2022CONSTRUCTIONBUSINESSREVIEW.COM6The construction industry is taking an innovative turn with a wide array of advancements in prefabricated and steel building technologies. To stay relevant and competitive in this drastically evolving market, steel building companies are pivoting to a mindset characterized by consistent innovation to deliver state-of-the-art solutions that take construction a step higher. The latest report published by ResearchAndMarkets.com reveals that the global prefabricated building and structural steel market size has reached $206.8 Billion in 2021 and is expected to grow to $299.4 Billion by 2027 at a CAGR of 6.36 percent.What powers this stellar growth is a gamut of tech trends in the arena. For example, 3D-printed steel is emerging as a new norm for large-scale construction projects. Construction tech companies are using 3D printers to produce steel builds and a variety of raw materials quickly, helping businesses complete projects ahead of deadlines. Green steel is another trend gaining popularity. By using eco-friendly, carbon-free steel building structures, construction businesses can reduce their carbon footprint while ensuring high-quality, sustainable buildings for clients. Steel building companies are also furnishing pre-engineered building plants with nesting software-aided high-speed CNC plate cutting machines to ensure burr-free cutting. This edition of Construction Business Review delivers a bird's-eye view of the recent developments in the steel building sector and insights into how companies are aligning with these latest trends to transform legacy practices and improve outcomes.We have curated thought leadership articles from industry experts, including the Member of the Executive Board, Hilti Group and the Director of Business Development for Dayton Superior. We also took a deep dive into the market trends to narrow down the list of companies delivering robust steel building solutions. Equipped with innovative technological capabilities, the enlisted companies, such as Dave's Roofing, H.S. Williams Company, and Standard Structures, help transform businesses at the cloverleaf of various disruptive technologies. We hope this edition of Construction Business Review on steel building helps you build the partnership you and your organization need to foster an environment driven by efficient technology. Let us know your thoughts!Uncovering the Value Propositions of Advanced Steel Building Technologies EDITORIALCopyright © 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 MathewsDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsVisualizersJames D. PhillipsRobert MathewsManaging Editoreditor@constructionbusinessreview.comOctober - 01 - 2022, Vol 02 Issue 14Published by ValleyMedia, Inc.To subscribe to Construction Business ReviewVisit www.constructionbusinessreview.com Email:sales@constructionbusinessreview.comeditor@constructionbusinessreview.commarketing@constructionbusinessreview.com
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