One in every 10 construction workers is injured annually…construction sees non-fatal injury rates that are 71% higher than any other industry. –How Powered Exoskeletons Can Alleviate…
Labor shortages and injuries have hit our industry hard in 2020. While many companies are just getting powered-up using software solutions that save time and money, others are looking at hardware possibilities.
In the animal kingdom, an exoskeleton is a type of shell that protects an animal’s body. Snails and shrimp are good examples of species with exoskeletons. In the construction industry, exoskeletons are wearable technology. They may become – in reality – lifesavers for construction companies.
4 Construction Industry Challenges
Ten years ago, the concept was material for science fiction. But the exoskeleton market for the construction industry is expected to exceed $11.5 billion 10 years from now.
Mechanical and electrical exoskeletons support:
Here are four main areas exoskeletons can bolster the construction industry:
1. Enhance Productivity
Worker fatigue equals lost production and the more exhausted we are, the more injury-prone we become. Manufacturing and agriculture have increased productivity 10-15 times since the 1950s. The construction industry productivity numbers are the same as 80 years ago. Exoskeletons streamline the process and lessen transport delays. They also reduce downtime spent waiting for last-minute deliveries.
2. Provide Labor Shortage Solutions
Labor-saving exoskeletons can help one worker do the heavy lifting of a team. This optimizes social distancing but increases employment opportunities. Physical strength will play a less important role. Older, experienced employees can work longer. Smaller/underweight workers are no longer at a physical disadvantage.
3. Reduce Injury Risks
When cranes/hoists are too big, lifting heavy objects and materials in tight spaces requires people-power. Exoskeletons won’t give construction industry workers “superpowers,” but they can reduce fatigue, increase productivity, and lower injury risks.
4. Save Money
The numbers are impressive: An exoskeleton can increase per-worker productivity 4-8 times. And with injuries averaging $32,000 per incident, construction industry profit margins are often – to put it bluntly – a crapshoot.
What You Need To Know
All you need to know is everything. And it can be overwhelming. Construction Monitor’s support team ensures your data analytics are current and pertinent. Let us provide the lead-generation data that gives you an information edge in the construction industry. Contact Construction Monitor today.