Construction sector digitalising but showing little industrialisation

In its latest report, 'ConTech: Technology in construction', ING's Economics Department is looking at the impact new technology is having on the European construction sector, as well as the challenges and opportunities presented by robotics and 3D printing.

The construction sector is not known for being extremely innovative: bricklaying is often performed in the same way it was hundreds of years ago. But in recent years, construction companies have been catching up in terms of digitalisation. This is important in a sector where every project often has to be designed from scratch. At the same time though, industrialisation has been slow to take off, with many firms reluctant to invest in machinery.