An Industry Ripe for Disruption

Construction is an industry that has been unable to adopt digital transformation due to its unstructured and disconnected nature.

Building on the latest trends, techniques and innovations, GreenSmith Builders forges toward the future and disrupt the industry along the way.

GreenSmith Builders is a Residential Construction Tech Company.
The home building industry is ripe for disruption.
Construction is an industry that has been unable to adopt digital transformation due to its unstructured and disconnected nature.
Labor shortages pave the way for new entrants that adopt offsite modular, BIM and robotics.
In August there were 298,000 unfilled construction sector jobs, which marked a post-Great Recession high.
26% increase in total Zero Energy residential projects since 2018.
Only 3 percent of the construction labor force is Millennial while over 20 percent is approaching retirement. Robotics and automation are not only important, but they are also likely the only way to address the challenge of delivering the built environment we need by 2040.

R&D spending in construction is less than 1 percent of revenues, versus 4% for auto and aerospace sectors.
Construction labor productivity has not kept pace with overall economic productivity. Since 1945, productivity across industry has gone up 1500%, while barely budging in construction.
The rise of offsite construction: Over the past few years there has been an increase in investments in offsite construction. Almost 40% of low-rise office buildings globally incorporate modular constructed elements. And although the residential sector has been slow to adopt offsite construction, the industry will continue to grow by roughly 7% per year and hit $157B by 2023. This is primarily driven by the lack of skilled labor and affordable and growing material costs.