Tag: Reshape
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Development Slowdown & Vacancy Shifts Reshape Sector 2025
Industrial development is settling into a more measured pace after years of rapid expansion, according to our latest industrial report. In 2024, construction starts dropped to 236 million square feet, a 35% decline from 2023 and over 60% from 2022. Vacancy rates are expected to stabilize before ticking down by mid-2025, while the development slowdown is likely to continue. …
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Affordable Robots Could Reshape Reality Capture in Construction
Drones are now in the mainstream of reality capture on construction sites. In interior construction, hard hat cameras and human-operated laser scanners are still the best way to collect accurate data. Quadrupled robots could be an alternative, but in many cases, they are considered too expensive. That may change soon, as both robots with upgraded…
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AR/VR Reshape the Inspection, Repair, and Utilization of Heavy Equipment Assets
Librestream, RealWear, and NOV, Inc. are collaborating to change the way field service, construction, and other industries inspect, repair, and utilize heavy equipment assets. Organizations across the world are experiencing significant worker shortages, which contributes to knowledge loss, decreased productivity and lost revenue due to equipment downtime. Heavy equipment operation requires specialized knowledge and skillsets that take significant…