3D Printing Construction Market by Material Type (Concrete, Metal, Composite and others), Construction Method (Extrusion, Powder Bonding), End-Use Sector (Building, Infrastructure) – Global Opportunity Analysis and Industry Forecast, 2020- 2027.

Global 3D Printing Construction Market Size is estimated to be $3 million in 2019 and is projected to reach $2,518 million by 2027, at a CAGR of 132% between 2020 -2027.

3D Printing Construction is used in different industries, such as building and infrastructure.The designers needs to view and visualize the object in 3D. This innovative method is highly promising and advantageous in this construction in terms of cost effectiveness, construction time, design, and flexibility, error reduction and environment aspects. Moreover, the superior features of 3D Printing Construction are enabling its usage in various end-use industries.3D printing is increasingly being used in building sector for construction complex structure using a computer-programmed software for improved efficiency. Furthermore,3D printing has taken the world storm, daily there is a growth in the number of designs companies around the world. Construction is well suited to 3D printing as much of the information necessary to create an item will exist, as a result of the design process, and the industry is already experienced in computer aided manufacturing. The recent emergence of building information modelling (BIM) in particular may facilitate greater use of 3D printing.

Market Snapshot:

3D Printing Construction has potential of mass customization and enhanced architectural flexibility.3D Printing Market is experiencing significant growth owing to increase adoption of building information modelling. Building information modelling provides a collaborative platform and shared knowledge resource for architecture, engineering, construction professionals and the other stakeholders for effective exaction of planning, design, operation, and management and construction decision. Additionally, factors such as growth in development of commercial buildings in the emerging economies, rising need for affordable housing solutions and adoption of environment regulations to reduce carbon emissions further fuel the growth of the 3D printed buildings market. Moreover, factors such as Reduction of health and safety Risks and rate of accidents due to 3D Printing Construction, use of green technology in 3D Printing Construction are also some important factors driving the growth of 3D Printing Construction Market. However, high capital investment needed in the 3D printing construction, hampers the growth of 3D printing construction market.Conversely, rise in demand for new construction projects across the region and rapid urbanization3D Printing Construction Market is expected to witness huge amount of growth in forecast period.

Segment Insight

The 3D Printing Construction Market is segmented based on Material type, Construction Method, End-User Sector and Region. Based on Material Type, it is classified intoconcrete, metal, composite and others. Based on Construction Method it is classified into extrusion, powder bonding. Based on, End-Use Sector it is classified into building, infrastructure.

By Material Type Insight

The 3D Printing Construction Market is segmented by material type into concrete, metal and composite and others (foam, plastic gypsum and geopolymer). The concrete segment is expected to remain dominant during the forecast period owing to its various advantages such as compressive strength, cost-effectiveness and environmental resistance and design flexibility.

By Construction Method Insight

The 3D Printing Market is segmented by construction method type into extrusion and powder bonding. The extrusion segment held the larger share of the market in 2019, and will be expected to remain dominant during the forecast period owing to its superior characteristics, such as construction time, less chances of error and cost-effectiveness. Through extrusion process building components with complex geometrical structures can be constructed.

By End-User Sector

This 3D Printing Construction Market is segmented by end-user sector as building and infrastructure. The building segment leads to the market. The growth can be attributed to the increase in population. The rise in demand of construction of new houses in the urban and sub-urban regions globally, an upsurge in the construction of non-residential building and institutes is also a major reason for the dominance of this segment.

Major Key Players of Global 3D Printing Construction Market

The report provides a comprehensive analysis of the Key Players Operating in the Global 3D Printing Construction Market, such as Yingchuang Building Technique, XtreeE,ApisCor, Monolite UK, CSPs.r.l., CyBe Construction, Sika, MX3D, Contour Crafting and ION. Most of the key players in3D Printing Construction Marketare focusing on business expansion to gain a higher revenue share through the adoption of strategies, such as mergers and acquisitions and new product development.

3D Printing Construction Key Segment

By Material Type

• Concrete
• Metal
• Composite
• Others (foam, plastic, gypsum and Geopolymer)

By Construction Method

• Extrusion
• Powder bonding

By End-User Sector

• Building
• Infrastructure

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • India
  • Australia
  • Rest of Asia-Pacific
• LAMEA
  • Brazil
  • Argentina
  • Turkey
  • South Africa
  • Rest of LAMEA