All updated as on -
During the projection period (2023-2030), the global 3D printing construction market is expected to expand from its 2022 valuation of USD 1.9 billion to a value of USD 397.9 billion by 2030, a CAGR of 88.38%.
Three-Dimensional Printing Better project visualization for builders and clients is a major reason for the rise in popularity of constructions. A photorealistic rendering can be made, and 3D models can be tweaked and reworked until they are satisfactory. The lack of 3D painting has had a detrimental effect on industry because the production time was too long. The construction sector has benefited greatly from the introduction of high-speed automated technologies that shorten production times with no room for human mistake. The development of technology doesn't necessitate the kind of supplementary aid, alternative materials, or other considerations that were necessary when relying on conventional methods. The building industry has benefited greatly from the use of 3D printing because it has drastically decreased the amount of wasteful materials used in production. Robotic arms, for instance, only consume as much material as is absolutely necessary. They are able to employ recycled materials and cut down on waste at the same time. The environmental benefits that resulted from this material waste reduction made it a boon to the industry as a whole.
Fewer personnel were needed to complete the construction because to the use of additive manufacturing and recycled materials, lowering costs. The most valuable solution that 3D printing construction gives is novel approaches to waste management and building.
Breakdown by Building Technique
The international building materials market is broken down into various submarkets based on construction technique. As a result of its many advantages, the Extrusion market segment dominated the worldwide 3D printing construction industry. The prototyping, modeling, and production applications of additive manufacturing.The extrusion-based approach is more commonly utilized during on-site construction than off-site.Extrusion segments can also be used in conjunction with time-honored building supplies including cement, clay, plaster, and geopolymer concrete.Power bonding's future expansion is being driven by the application of the technology in building complicated frameworks.Power bonding is becoming increasingly popular since it is faster and less labor-intensive than conventional methods. Making intricate formwork is also much easier, quicker, and more accurate.
Breakdown by Components
Concrete, Plastics, Metal, Ceramics, and Others are the different segments of the 3D Printing Construction market. The concrete material subsegment dominates the market since it is one of the primary drivers of development and expansion in the worldwide construction industry.When compared to traditional concrete formwork, which necessitates highly skilled employees and can cost as much as 60 percent of a building's overall budget, 3D printing with concrete formworks allows for the creation of double curved surfaces, organic geometry, and others for a fraction of the cost.The metal segment is predicted to increase at a similar rate to the concrete segment over the next several years because of uses including internal stiffening, non-prism sections, apertures, and functional graded features.
Drivers
The 3D printing construction market is growing as efforts are made to shorten building times.
The primary benefit of 3D printing in building is the time and money it saves.The adoption of 3D printing in construction reduces the amount of time needed to build structures, which speeds up the overall completion of the project.Because of these many benefits, governments throughout the world are pouring resources into 3D printing as part of the Smart City initiative, with the goal of creating more easily available housing and lodging, as well as a more integrated transit network.
Restraints
Market Expansion Slowed by Raw Material Price Volatility
Due to the COVID-19 pandemic, the price of raw materials used in 3D printing has skyrocketed.Despite the availability of certain larger printers, the need for significant initial capital expenditure will limit the market's potential for growth.
Strategic Market Shifts
Modular 3D printing is on the rise because it makes greener building materials more accessible.It frees up time and prevents any setbacks in the task. Prefabricated modules are printed and partially assembled at an offsite plant, which leaves operations vulnerable to disruption from external forces.
Report Coverage
Global 3D Printing Construction research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global 3D Printing Construction report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and 3D Printing Construction competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key 3D Printing Construction market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global 3D Printing Construction market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, 3D Printing Construction market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Yingchuang Building Technique (China), XtreeE (France), Apis Cor (Russia), Monolite UK (UK), CSP Group (Italy), CyBe Construction (Netherlands), WASP Designs, Aectual, Mighty Buildings, Sika (Switzerland), MX3D (Netherlands), Contour Crafting Corporation (California), COBOD International A/S (Denmark), ICON Technology, Inc (US), Constructions-3D (Germany), AI build ltd, (UK), Imprimere Ag (Germany), Skanska (Sweden), Tracxn Technologies Limited (India)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global 3D Printing Construction market based on the below-mentioned segments:
Global 3D Printing Construction Market, By Material
Concrete
Plastics
Metal
Ceramics
Others
Global 3D Printing Construction market, By Application
Concept Models
Visual Arts
Tooling
Functional Models
Others
Global 3D Printing Construction Market, By End User
Commercial, Residential, Industrial, Space (Extra-terrestrial)
Construction (Buildings, Bridges, Walls, Domes, Beams, Girders, Viaducts, Sound Barriers, Abutments, Balconies, Elements for Tunnels, Others)
Global 3D Printing Construction market, Regional Analysis
Three-Dimensional Printing Better project visualization for builders and clients is a major reason for the rise in popularity of constructions. A photorealistic rendering can be made, and 3D models can be tweaked and reworked until they are satisfactory. The lack of 3D painting has had a detrimental effect on industry because the production time was too long. The construction sector has benefited greatly from the introduction of high-speed automated technologies that shorten production times with no room for human mistake. The development of technology doesn't necessitate the kind of supplementary aid, alternative materials, or other considerations that were necessary when relying on conventional methods. The building industry has benefited greatly from the use of 3D printing because it has drastically decreased the amount of wasteful materials used in production. Robotic arms, for instance, only consume as much material as is absolutely necessary. They are able to employ recycled materials and cut down on waste at the same time. The environmental benefits that resulted from this material waste reduction made it a boon to the industry as a whole.
Fewer personnel were needed to complete the construction because to the use of additive manufacturing and recycled materials, lowering costs. The most valuable solution that 3D printing construction gives is novel approaches to waste management and building.
Breakdown by Building Technique
The international building materials market is broken down into various submarkets based on construction technique. As a result of its many advantages, the Extrusion market segment dominated the worldwide 3D printing construction industry. The prototyping, modeling, and production applications of additive manufacturing.The extrusion-based approach is more commonly utilized during on-site construction than off-site.Extrusion segments can also be used in conjunction with time-honored building supplies including cement, clay, plaster, and geopolymer concrete.Power bonding's future expansion is being driven by the application of the technology in building complicated frameworks.Power bonding is becoming increasingly popular since it is faster and less labor-intensive than conventional methods. Making intricate formwork is also much easier, quicker, and more accurate.
Breakdown by Components
Concrete, Plastics, Metal, Ceramics, and Others are the different segments of the 3D Printing Construction market. The concrete material subsegment dominates the market since it is one of the primary drivers of development and expansion in the worldwide construction industry.When compared to traditional concrete formwork, which necessitates highly skilled employees and can cost as much as 60 percent of a building's overall budget, 3D printing with concrete formworks allows for the creation of double curved surfaces, organic geometry, and others for a fraction of the cost.The metal segment is predicted to increase at a similar rate to the concrete segment over the next several years because of uses including internal stiffening, non-prism sections, apertures, and functional graded features.
Drivers
The 3D printing construction market is growing as efforts are made to shorten building times.
The primary benefit of 3D printing in building is the time and money it saves.The adoption of 3D printing in construction reduces the amount of time needed to build structures, which speeds up the overall completion of the project.Because of these many benefits, governments throughout the world are pouring resources into 3D printing as part of the Smart City initiative, with the goal of creating more easily available housing and lodging, as well as a more integrated transit network.
Restraints
Market Expansion Slowed by Raw Material Price Volatility
Due to the COVID-19 pandemic, the price of raw materials used in 3D printing has skyrocketed.Despite the availability of certain larger printers, the need for significant initial capital expenditure will limit the market's potential for growth.
Strategic Market Shifts
Modular 3D printing is on the rise because it makes greener building materials more accessible.It frees up time and prevents any setbacks in the task. Prefabricated modules are printed and partially assembled at an offsite plant, which leaves operations vulnerable to disruption from external forces.
Report Coverage
Global 3D Printing Construction research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global 3D Printing Construction report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and 3D Printing Construction competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key 3D Printing Construction market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Yingchuang Building Technique (China), XtreeE (France), Apis Cor (Russia), Monolite UK (UK), CSP Group (Italy), CyBe Construction (Netherlands), WASP Designs, Aectual, Mighty Buildings, Sika (Switzerland), MX3D (Netherlands), Contour Crafting Corporation (California), COBOD International A/S (Denmark), ICON Technology, Inc (US), Constructions-3D (Germany), AI build ltd, (UK), Imprimere Ag (Germany), Skanska (Sweden), Tracxn Technologies Limited (India) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of 3D Printing Construction Market from 2021 to 2030.
- Market Forecast for 3D Printing Construction Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, 3D Printing Construction competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on 3D Printing Construction
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global 3D Printing Construction market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, 3D Printing Construction market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Yingchuang Building Technique (China), XtreeE (France), Apis Cor (Russia), Monolite UK (UK), CSP Group (Italy), CyBe Construction (Netherlands), WASP Designs, Aectual, Mighty Buildings, Sika (Switzerland), MX3D (Netherlands), Contour Crafting Corporation (California), COBOD International A/S (Denmark), ICON Technology, Inc (US), Constructions-3D (Germany), AI build ltd, (UK), Imprimere Ag (Germany), Skanska (Sweden), Tracxn Technologies Limited (India)
Primary Target Market
- Market Players of 3D Printing Construction
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global 3D Printing Construction market based on the below-mentioned segments:
Global 3D Printing Construction Market, By Material
Concrete
Plastics
Metal
Ceramics
Others
Global 3D Printing Construction market, By Application
Concept Models
Visual Arts
Tooling
Functional Models
Others
Global 3D Printing Construction Market, By End User
Commercial, Residential, Industrial, Space (Extra-terrestrial)
Construction (Buildings, Bridges, Walls, Domes, Beams, Girders, Viaducts, Sound Barriers, Abutments, Balconies, Elements for Tunnels, Others)
Global 3D Printing Construction market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive 3d printing construction market market research and competitor analysis for your business to help you develop more profound insights into the 3d printing construction market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the 3d printing construction market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.