Lean construction, a method focused on maximizing value and minimizing waste in construction projects, is seeing more interest in North America, according to a study by Touchplan®.
In North America, interest in lean construction is growing faster than the interest in Critical Path Method, with a 68.75% increase from 2021 to 2023. In comparison, interest in CPM grew only 20.69%.
Despite North America’s fast-growing interest in lean construction, it still remains low compared to other regions. South and Central America have the highest search interest index for lean construction (16.67 out of 100). In 2023, their construction volume was about $208.81 million.
The Middle East and Africa had the second-highest interest in lean construction with an index of 15.87. Their 2023 construction volume was $271.14 million.
In third, Europe’s average search interest index was 8.25, with a construction volume of $838.73 million last year.
North America ranked fourth, with a search interest of 8.00 and a construction volume of $1,454.17 million – the largest of the regions analyzed.
Lastly, the Asia-Pacific region’s average search interest in lean construction measured 6.80, with a construction volume of $703.24 million.
Topics
Member Discussion
Recent Articles
-
Department of State Requires Annual Reports for Pa. Business Entities
- January 24, 2025
- 3 min. read
A new rule that went into effect at the start of 2025 now requires most Pennsylvania business entities to file an Annual Report with the Department of State each year.
-
SREC Begins Licensee Audits for Required Continuing Education
- January 23, 2025
- 2 min. read
The SREC has started to send notification to licensees who were randomly selected in their audit of continuing education for the renewal cycle that ended May 31, 2024.
-
Inventory and Home Sales to Rise in 2025, Says NAR Chief Economist Dr. Yun
- January 22, 2025
- 4 min. read
“Overall, I see home sales rising 9% this year and another 13% next year,” he predicted. “Builders will continue to do well. But the price growth, I think, will be more muted,” noted Dr. Lawrence Yun.
Daily Emails
You’ll be the first to know about real estate trends and various legal happenings. Stay up-to-date by subscribing to JustListed.