Artificial intelligence (AI) and other automation technologies could unlock around $228 billion in annual value for the US architecture, engineering and construction (AEC) sector by 2030, while AI's impact on the European construction sector alone could reach approximately $126 billion, according to a McKinsey report.
The report noted, AEC is one of the world's largest industries, with global construction output estimated at around $15 trillion in 2025 and projected demand expected to reach $22 trillion by 2040.
