Find stats on top websites

Industry Landscape

The AEC industry is currently navigating a complex landscape. While demand for sustainable and technologically advanced buildings is rising, economic uncertainties and material price volatility pose challenges. Digitalization and off-site construction are gaining traction, aiming to improve efficiency and reduce costs. The industry is also increasingly focused on addressing climate change through green building practices and resilient infrastructure designs. Competition remains intense, with firms striving to differentiate themselves through specialization and integrated service offerings.

Industries:
ArchitectureEngineeringConstructionDesignSustainability

Total Assets Under Management (AUM)

Construction Spending in United States

~1.7 Trillion USD

(5.0% CAGR)

- Residential growth slowing

- Non-residential showing promise

- Infrastructure investments increasing

Total Addressable Market

1.7 Trillion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

Artificial Intelligence (AI) and Machine Learning

AI and machine learning are transforming design processes, enabling generative design, predictive maintenance, and improved project management through data-driven insights.

Building Information Modeling (BIM)

BIM facilitates enhanced collaboration, clash detection, and lifecycle management of buildings, improving efficiency and reducing errors throughout the project lifecycle.

Off-Site Construction and Modular Design

Off-site construction and modular design enable faster project delivery, reduced costs, and improved quality control through prefabricated building components.

Impactful Policy Frameworks

2021 International Energy Conservation Code (IECC)

The 2021 IECC sets updated minimum energy efficiency standards for new buildings and renovations, focusing on reducing energy consumption and promoting sustainable building practices.

Adoption of these codes could increase design and construction costs but also drive demand for energy-efficient and sustainable building solutions, potentially giving Berners Schober a competitive edge.

LEED v4.1 (Leadership in Energy and Environmental Design)

LEED v4.1 is the latest version of the LEED green building rating system, emphasizing sustainable site development, water savings, energy efficiency, materials selection, and indoor environmental quality.

Compliance can increase project costs but aligns with growing client demand for sustainable and environmentally responsible designs, bolstering Berners Schober's reputation and attracting environmentally conscious clients.

Americans with Disabilities Act (ADA) Standards for Accessible Design (2010)

The 2010 ADA Standards establish accessibility requirements for newly designed and constructed or altered state and local government facilities, public accommodations, and commercial facilities.

Compliance ensures accessibility and inclusivity, opening opportunities for projects involving public spaces and facilities and enhancing Berners Schober's ability to cater to a wider range of clients.

Transform Your Ideas into Action in Minutes with WaxWing

Sign up now and unleash the power of AI for your business growth