North America AI In Construction Market 2022-2027

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    NORTH AMERICA AI IN CONSTRUCTION MARKET 

     

    INTRODUCTION

    Artificial intelligence (AI) and machine learning (ML) are becoming increasingly popular in North America, and it’s only a matter of time until they’re implemented on building sites.

     

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    Despite projections of significant job losses, AI will not be able to completely replace the human workforce. Instead, it will change the construction industry’s business models, reducing costly errors, reducing jobsite injuries, and increasing the efficiency of construction operations.

     

    Construction executives should focus their investments on areas where AI may have the greatest influence on their company’s specific demands. Early adopters will shape the industry’s future and benefit in both the short and long term.

     

    NORTH AMERICA AI IN CONSTRUCTION MARKET SIZE AND FORECAST

     

    The North America AI in Construction Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

     

    NEW PRODUCT LAUNCH

    Zurich North America has implemented Chisel AI’s Submission Intake and Policy Check solutions to automate core Construction underwriting and placement processes, ensure policy quality, and reduce the costs of policy rework and reissuance, according to Chisel AI, a technology provider for the global insurance industry.

     

    The construction industry is now using Chisel AI Policy Review to check and validate policies against binders to discover any errors or omissions, save policy issuance costs, and maintain Zurich’s gold standard for contract quality and certainty.

     

    Urbint, the only AI-powered field risk mitigation platform for critical infrastructure operators, has announced the release of Urbint Lens for Worker Safety, a new predictive artificial intelligence (AI) technology that identifies safety threats to field workers, allowing supervisors to avoid serious injuries and fatalities.

     

    Construction-related serious injuries and fatalities have not decreased. This is due to the fact that many hazards to worker safety, such as electric current and slip hazards, are either invisible or readily disregarded.

     

    Urbint Lens for Worker Safety employs machine learning to identify hidden safety concerns ahead of time, allowing managers to assign and conduct targeted interventions before an event happens.

     

    COMPANY PROFILE

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the average cost per North America AI in Construction Market right now and how will it change in the next 5-6 years?
    2. Average cost to set up a AI in Construction Market in North America?
    3. How many North America AI in Construction Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    4. What is happening in the overall public, globally?
    5. Cost breakup of a North America AI in Construction Market and key vendor selection criteria
    6. Where is the North America AI in Construction Market  manufactured? What is the average margin per equipment?
    7. Market share of North America AI in Construction Market manufacturers and their upcoming products
    8. The most important planned  North America AI in Construction Market in next 2 years
    9. Details on network of major North America AI in Construction Market and pricing plans
    10. Cost advantage for OEMs who manufacture North America AI in Construction Market in-house
    11. 5 key predictions for next 5 years in North America AI in Construction Market
    12. Average B-2-B North America AI in Construction Market price in all segments
    13. Latest trends in North America AI in Construction Market, by every market segment
    14. The market size (both volume and value) of North America AI in Construction Market in 2022-2027 and every year in between?
    15. Global production breakup of North America AI in Construction Market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

     

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