A recent report published by Infinium Global Research on 3D printing in construction market provides an in-depth analysis of segments and sub-segments in the global as well as regional 3D printing in construction market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional 3D printing in construction market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global 3D printing in construction market. According to the report, the global 3D printing in construction market is projected to grow at a CAGR of 33.4% over the forecast period of 2019-2025.

Market Insight

3D printing is a computer-controlled sequential layering of material that creates three-dimensional shapes. 3D printing in construction is used o create construction components. Various 3D printing methods are used in the construction sector that includes extrusion, foam, powder bonding, and additive welding. The advantages of these technologies in construction include low labor costs, faster construction, greater integration of function, less waste production, and increased accuracy.

The rising application of 3D printing in building construction owing to the rise in demand for high performance and ease in constructing complex designs led to the growth of 3D printing in construction market. Further, 3D printing helps to create lightweight components such as panels and walls and maintains structural integrity with lowered transportation and handling costs. The wasted raw material from printing such as failed prints and concrete waste can be reused. It reduces the risk faced by human labor while working at construction sites. Additionally, rising preferences of contractors and consumers towards eco-friendly, cost-efficient, and modern building techniques favor the expansion of 3D printing in construction market. On the flip side, low market awareness about the use of 3D printing in the construction sector hinders the growth of 3D printing in construction market. Moreover, technological development creates several opportunities in global 3D printing in construction market.

Geographically, 3D printing in construction market is divided into North America, Asia-Pacific, Europe, and the Rest of the World. North America is expected to have a dominant share in the global 3D printing in construction market. The growing adoption of advanced technology in North America led to the growth of 3D printing in construction market in North America. Asia-Pacific region is anticipated to grow in the global 3D printing in construction market with the fastest CAGR over the forecast period. The presence of a large number of manufacturers in the region contributes to the growth of Asia-Pacific 3D printing in construction market. Growing research and development activities in Japan and India creates several growth opportunities for the expansion of 3D printing in construction market in Asia-Pacific. Europe has a healthy CAGR in global 3D printing in construction market owing to technological development in the region. 

Segment Covered

The report on global 3D printing in construction market covers segments such as printing method, material type, printing technology, end use, and application. On the basis of printing method, the sub-markets include extrusion, powder bonding, and other printing methods. On the basis of material type, the sub-markets include composite, metal, concrete, ceramics, and other material types. On the basis of printing technology, the sub-markets include wire arc additive manufacturing, fused deposition modeling, selective laser sintering, selective laser melting, and other printing technologies. On the basis of end use, the sub-markets include residential, commercial, space, and industrial. On the basis of application, the sub-markets include visual arts, concept models, tooling, functional models, and other applications.

Companies Profiled:

The report provides profiles of the companies in the market such as WinSun, Zhuoda Group, Apis Cor, Belatchew Architects, Cazza Construction, COBOD International A/S, CyBe Construction, Icon Construction Inc., MX3D, XtreeE, and Other companies.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of 3D printing in construction market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.