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.
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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.
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).
Global 3D Printing in Construction Market: Segmentation
3D Printing in Construction Market, by Printing Method
- Extrusion
- Powder
Bonding
- Others
3D Printing in Construction Market, by Material Type
- Concrete
- Metal
- Composite
- Plastic
- Others
3D Printing in Construction Market, Printing Type
- Full
Building
- Modular
Components of Building
3D Printing in Construction Market, by End User
- Buildings
(Residential and Commercial & Industrial)
- Infrastructure
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