Global 3D Printing Building Construction Market Size 2024, Forecast To 2033
11 Mar, 2024
The market for 3D printing in building construction has witnessed an exponential surge, escalating from $0.11 billion in 2023 to $0.33 billion in 2024, reflecting an extraordinary compound annual growth rate (CAGR) of 201.7%. This extraordinary growth in the historical period is attributed to technological advancements, increased investments in renewable energy infrastructure, the superior efficiency of 3D printing in construction compared to traditional methods, reduced manufacturing costs, the evolution of 3D printing technology, and the rapid rise in urbanization. Looking ahead, the market is forecasted to experience even more remarkable growth, reaching $7.7 billion in 2028, driven by factors such as an uptick in new construction projects globally, the adoption of green construction methods, and an overall rise in disposable income. Prominent trends for the forecast period include the deployment of robotic arm extruders to enhance productivity, substantial investments in 3D prefabrication buildings and modularization techniques to boost construction efficiencies, and the widespread adoption of green construction practices to develop environmentally-friendly buildings, supported by strategic partnerships and collaborations.
Global 3D Printing Building Construction Market Key Driver
The demand for 3D printing in the building construction market is propelled by its ability to construct complex structures within a specified timeframe and at a reasonable cost. 3D printing in building construction proves to be cost-effective, time-saving, precise, safe, labor-cost-efficient, environmentally friendly, and facilitates the construction of intricate building structures. In terms of material usage, 3D printing in construction is economically advantageous compared to traditional manufacturing processes. Additionally, it reduces labor costs by 50%–80%, production time by 50%–75%, and construction waste by 30%–60%. The economic benefits associated with 3D printing in construction are anticipated to be a significant catalyst for market growth.
Get A Free Sample Of The Global 3D Printing Building Construction Market ReportGlobal 3D Printing Building Construction Market Segments
The 3d printing building construction market covered in this report is segmented –
1) By Construction Type: Modular, Full Building
2) By Process: Extrusion, Powder Bonding, Other Processes
3) By Material Type: Hybrid, Plastic, Metal, Other Material
4) By End-User: Residential Buildings, Institutional Buildings And Commercial Buildings
By Geography:The regions covered in the 3d printing building construction market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
Asia-Pacific was the largest region in the 3D printing building construction market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the 3d printing building construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major 3D Printing Building Construction Industry Players
ICON Technology, Inc., Mighty Buildings, Inc., Branch Technology, Contour Crafting Corporation, Apis Cor, PERI Group, XtreeE, Mx3D, CyBe Construction B.V., Sanska Group, Yingchuang Building Technique (China), Sika AG, Skanska, LafargeHolcim and Dus Architects, Winsun, Zhuoda Group, Novabeans, Tata Project, Punj Lioyd, Larsen & Toubro and UltraTech Cement, Tvasta Manufacturing Solutions, Ozaz Global, Yingchuang New Materials, Reliance Infrastructure Limited, Komatsu Ltd, Sekisui House, Daiwa House Industries, Mitsui & Co Ltd, Panasonic Homes, Muscle Corporation, Hankyu Hanshin Holdings Inc, Obayashi Corporation, Shimizu Corporation, Takenaka Corporation, Kajima Corporation, Ying Chuang Construction Technology (WinSun), Shanghai Construction Group Co. Ltd., China MCC17, China Construction Eighth Engineering Div, Shanghai Yannuo Building Materials, China Minsheng Drawin Technology Investment, Dou Shupeng, Kejia Construction, Caterpillar Inc., Acciona, WASP, BatiPrint, Be More 3D, Constructions 3D, CSP s.r.l, COBOD, LifeTec Construction Group Inc., SQ4D, 3DCriar, ConstructoraConconcreto, Arup, Aedive (Peru), Materialise Oderbrecht, Camargo Corrêa, Andrade Gutierrez, Queiroz Galvão, MRV Engenharia, SalfaCorp, Mourik General Contractors, Gilbane Building Company, McCrory Construction Company, BESIX 3D, Concreative LLC, ACCIONA S.A., Immensa Technology Labs, Emaar Properties, DuBox, EQUATE, Xtreme Africa
Get The Full Global 3D Printing Building Construction Market Report
3D Printing Building Construction Market Overview
3D printing building construction is the process of building, altering, repairing, improving, or demolishing any structures or buildings using 3D print technology. 3D printing is a computer-controlled sequential layering of materials to form three-dimensional shapes. It is particularly beneficial for prototyping and the production of geometrically complex components.
3D Printing Building Construction Global Market Report 2023 provides data on the global 3d printing building construction market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The 3d printing building construction market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.