Construction Industry: Trends & Challenges
The construction industry contributes to 13% of the world's GDP and employs over 7% of the global workforce. Urbanization and population growth will only increase construction demand. The construction industry in Canada and the semiconductor industry in the US will also experience significant growth. Sustainable and smart construction practices, such as green buildings and IoT technology, are becoming more important.
There are also numerous industry challenges, including labor shortages, regulatory complexities, and environmental issues. Additionally, the construction industry ranks among the top industries for most work-related deaths and injuries. So prioritizing worker safety is imperative. Honeywell offers comprehensive PPE solutions including gear for eyes, ears, head, hands, and fall protection. With over 100 years of experience, we prioritize preventing hazards before they occur.
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