HAMILTON, NJ–(BUSINESS WIRE)–Aug. March 2022–
Dodge Construction Network today released a new one in partnership with LiftMaster® SmartMarket letter justified The connected warehouse which focuses on the rapidly growing market for sophisticated and technologically connected warehouses/distribution centers in the USA.
This press release is multimedia. View the full press release here: https://www.businesswire.com/news/home/20220309005966/en/
Dodge is currently forecasting $53 billion in housing starts in the U.S. warehouse/distribution center market in 2022, a 1400% increase since 2010 and more than a third (36%) of the entire U.S. commercial construction sector this year .
Driven by strong consumer demand in the economy and the explosion of e-commerce retail, these establishments employ sophisticated technologies to optimize performance and respond to changing demands. Additionally, they are 24/7 workplaces for a growing number of employees and require increasing energy, safety and security management.
Based on a survey of several hundred industry professionals creating these facilities, the report looks at investment drivers, location trends, deployment of connected technologies, worker safety and facilities, sustainability initiatives, and ways design and construction are adapting to support these dynamic needs .
“LiftMaster is pleased to be collaborating with Dodge on this important research,” said Jenny Lytle, General Manager, Commercial Emerging Business. “Managing a warehouse with multiple access points and loading docks can be a stressful and demanding task; any inefficiency can result in increased costs or safety issues. We’ve seen firsthand how our cloud-based solutions offer warehouse managers an easier way to monitor warehouse doors and docks and gather real-time insights into day-to-day operations, enabling them to work smarter and make data-driven decisions.”
“We hope that the industry-wide sharing of these important insights will accelerate the advancement of these critical facilities and provide a basis for future studies to track progress,” added Lytle.
Key findings include:
- Investments are driven by the need for flexibility to handle higher volumes and changing business models. Fluctuating demand, rapidly changing product lines and evolving business models such as on-demand warehousing require investments in upgrades and new projects.
- Facilities are increasingly located near urban centers. All regions of the country are reporting an increase in the percentage of projects located in or near urban centers to meet consumer expectations for quick delivery.
- Networked automation systems proliferate at loading docks. 77% of respondents report automating operations and handling processes at loading docks on their most recent projects, with a whopping 88% reporting the use of one of the four specific systems surveyed.
- Connected technology systems are deployed plant-wide. In addition to the widespread automation of operational and handling processes in these facilities, between 60% and 82% of respondents report that they have installed intelligent controls for data collection, A/V and light communication, security and access control/tracking systems in recent projects .
- Work comfort and safety are becoming increasingly important, especially in a tight job market. All regions report increases in a variety of employee facilities and 88% of respondents say owners make employee safety a high priority when planning their facilities.
- Over two-thirds of owners (68%) are interested in creating zero-carbon facilities. Sustainability is important as a high percentage of property owners are interested in minimizing both energy use and operational waste in their facilities and creating zero-carbon buildings. Many are also aiming for LEED certification and incorporating a variety of environmentally friendly products and materials.
- Technology is applied to the design and construction process. Respondents report the use of technologies such as BIM (Building Information Modeling), software for modeling energy consumption and software for simulating operations in the planned facility during the design and construction process. Many of Dodge’s studies show that these tools can help speed project delivery, control costs, and meet quality goals, so similar results can be expected in this sector as well.
“Warehouses were once considered the still backwaters of the entire commercial construction sector,” said Steve Jones, senior director of industry insights at Dodge Construction Network. “But the market has literally exploded in recent years and these facilities are becoming increasingly complex and sophisticated. We are pleased to have the opportunity to examine this in depth and hope the report will increase industry awareness and expertise related to these important elements of our economy.”
The report also includes an in-depth interview with Tripp Eskridge, CBRE’s Managing Director of Project Management, who brings a unique perspective from more than 30 years of experience managing the design and construction process for industrial facilities like this one.
The SmartMarket Brief, which includes the full study findings and interview, can be downloaded for free here.
About Dodge Construction Network: Dodge Construction Network leverages an unmatched array of data, analysis and cross-industry relationships to generate the most powerful source of information, knowledge, insight and connection in the commercial construction industry. The company operates four long-standing and proven industry solutions – Dodge Data & Analytics, The Blue Book Network, Sweets and IMS – to connect the dots across the commercial construction ecosystem. Together, these solutions provide clear and actionable opportunities for both small teams and large organizations. Purpose-built to streamline the complicated, Dodge Construction Network ensures construction professionals have the information they need to build thriving businesses and thriving communities. With over a century of industry experience, the Dodge Construction Network is the catalyst for modern commercial construction. To learn more, visit construction.com.
About LiftMaster: LiftMaster is the leading brand for professionally installed residential garage door openers, as well as a leading manufacturer of commercial door operators, residential and commercial gate operators, telephone intercoms and related access control products. Driven by the access and safety needs of the market, LiftMaster’s extensive line of state-of-the-art residential and commercial products are designed to fit any lifestyle or application and offer the latest technology and innovations in safety and comfort. Visit LiftMaster.com for more information.
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KEYWORD: UNITED STATES NORTH AMERICA NEW JERSEY
INDUSTRY KEYWORD: RESIDENTIAL & REAL ESTATE BUILDING SYSTEMS COMMERCIAL & REAL ESTATE OTHER PROFESSIONAL SERVICES CONSTRUCTION & REAL ESTATE DATA MANAGEMENT TECHNOLOGY PROFESSIONAL SERVICES TRANSPORT EQUIPMENT LANDSCAPE SOFTWARE LOGISTICS/SUPPLY CHAIN MANAGEMENT ARCHITECTURE OTHER CONSTRUCTION & REAL ESTATE
SOURCE: Dodge Construction Network
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PUB: 03/10/2022 09:21 / DISC: 03/10/2022 09:21