3D Printing in Construction Market: Overview

On Revolutionary Trends 2027

Posted byHarsh BordeJanuary 8, 2020Posted inIndustry Insights

3D Printing in Construction Market: Introduction

Transparency Market Research delivers key insights on the global 3D

printing in construction market. In terms of revenue, the global 3D printing
in construction market is estimated to expand at a CAGR of ~33% during the
forecast period, owing to numerous factors regarding which, TMR offers
thorough insights and forecasts in its report on the global 3D printing in
construction market.

3D printing in construction is a technology used to construct buildings and

infrastructure accurately in less time at a price lower than that of the traditional
construction method. In the 3D printing technology, along with hardware and
materials, software is also an important element for the development of
industrial 3D printing operations. 3D printing in construction uses various
types of materials. Based on material type, the global 3D printing in
construction market has been classified into concrete, metal, composite,
plastic, and others. Among these materials, concrete is largely used for the
construction of 3D printed buildings.

Furthermore, based on printing method, the global 3D printing in construction

market has been classified into extrusion, power bonding, and others. Among
these, the extrusion method is largely adopted, as the material is precisely
applied layer by layer to construct buildings or infrastructure in this method.
This is helpful to reduce the wastage of construction material and make the
process cost efficient. This, in turn, is expected to boost the global 3D printing
in construction market during the forecast period.

Planning To Lay Down Future Strategy? Request

Sample https://www.transparencymarketresearch.com/sample/sample.p
hp?flag=S&rep_id=74895

3D Printing in Construction Market: Dynamics

Rising use of the 3D printing technology in developed countries to construct

buildings rapidly and at an affordable cost is expected to fuel the adoption of
3D printing in construction during the forecast period. The key benefit of the
3D printing technology is construction of 3D printed buildings in less time, with
reduced wastage of material. Use of the 3D printing technology helps
construct attractive and complex design structures cost efficiently, as material
is added layer by layer and precisely in this technology.

Additionally, in the 3D printing technology, on-site 3D printing process

eliminates several time-consuming steps and makes the 3D printing process
quicker. Use of the on-site 3D printing is beneficial, as it reduces the
probability of several parts being damaged from transportation and lowers the
additional expense on over-engineered parts for protection from
transportation. This makes the process more cost efficient.

3D printing in construction is used in building and infrastructure sectors. The

buildings end user segment has been sub-divided into residential and
commercial & industrial. Demand for 3D printing is rising in developed
countries, as it is helpful to construct buildings and infrastructure accurately by
using programming. Additionally, use of the 3D printing technology is helpful
in the construction of tall buildings or infrastructure. It reduces the probability
of accidents, as it requires less number of workers. Furthermore, governments
of several developed countries are planning to construct new buildings,
offices, public toilets, and other infrastructure by using the 3D printing
technology. This is expected to be a prominent factor propelling the global 3D
printing in construction market during the forecast period.

Request To Access Market Data 3D Printing in Construction Market

3D Printing in Construction Market: Prominent Regions

North America is a dominant region of the global 3D printing in construction

market. Growth of the market in the region can be attributed to high
investments in 3D printing in construction by using the extrusion method to
construct buildings in the region. In this technology, various types of materials
are used, which include concrete, metals, composites, and plastics. Among
these, concrete material is largely used to construct 3D printed buildings in the
region. This is attributable to its easy availability, high quality, and minimum
amount of waste produced during construction. As a result of these benefits,
adoption of concrete materials is driving the demand for 3D printing in
construction in North America.

Additionally, the 3D printing technology is also used to construct

infrastructures, such as bridges and furniture by using metals or composite
materials. The technology is useful in forming lightweight and sustainable
structures, due to which popularity of this technology is increasing. This is
likely to boost the demand for 3D printing in construction in the region
between 2019 and 2027. The market in Europe and Asia Pacific is estimated
to witness significant growth during the forecast period, owing to high demand
for a large number of houses in less time and at an affordable cost in the
region. The 3D printing in construction market in Middle East & Africa and
South America is expected to witness moderate growth in the near future.

3D Printing in Construction Market: Key Players

Key players operating in the global 3D printing in construction market

are Apis Cor, COBOD International A/S, Contour Crafting Corporation,
CyBe Construction, ICON, MUDBOTS 3D CONCRETE PRINTING, LLC,
MX3D, WASP CSP S.r.l., XtreeE, and Yingchuang Building Technique
(Shanghai) Co. Ltd. (WinSun).