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LightYX has developed Adaptive Projected Reality technology that projects augmented reality of 3D blueprints onto physical construction sites. This system aids construction workers in accurately implementing designs while allowing managers to monitor progress and quality in real-time.
Between the years 1945 and 2005, the productivity in the construction industry has grown a meagre 6%; only a small fraction of the growth that happened in similar industries, such as manufacturing.
However, this is about to change as the market for the digitalization of the construction eco-system is growing exponentially from $24 Million in 2006 to $480 Million in 2017 at a growth rate of 31% per year and is expected to be over $5.8 Billion by 2025 according to Mckinsey.
In addition, a recently…
LIGHTYX SYSTEMS LTD
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