There's one surefire way to ease the demand for workers and increase retention: robots.
According to a report by Tractica, a market intelligence firm based in Boulder, Colo., the traditionally staid, technology-averse construction industry is facing a future of significant disruption led by automated workers.
In the report "Construction & Demolition Robots," Tractica predicts construction robots will increase market revenue from $22.7 million in 2018 to $226 million by 2025. And by 2025, there will be more than 7,000 robots deployed to construction and demolition sites. The report was based on interviews with 28 CEOs and other key players, as well as 60 emerging industry participants.