Global 3D Printing Building Construction Market Report 2022 – Market Forecast, Trends And Strategies
3 Jan, 2021
The global 3D printing building construction market size is expected to grow from $0.01 billion in 2021 to $0.02 billion in 2022 at a compound annual growth rate (CAGR) of 177.0%. The growth in the 3D printing building construction market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The 3D printing building construction market is expected to reach $0.87 billion in 2026 at a CAGR of 169.3%.
What is the Global 3D Printing Building Construction Market?
The 3D printing building construction market consists of the sales revenue earned by entities (organizations, sole traders, and partnerships) that construct buildings through 3D printers and offer related services. 3D printing or additive manufacturing is a computer-controlled sequential layering of materials to create three-dimensional shapes. In the construction industry, 3D printing is used to build components of building or to create a whole building. It helps to construct faster and more accurate structures with reduced labor costs and less wastage.
Get a Sample of the global 3D printing building construction market report
What drives the Global 3D Printing Building Construction Market?
The capability to build complex structures within a stipulated time for a reasonable cost is a major factor driving the demand for 3D printing building construction market. 3D printing building construction is cost-effective, saves time, provides more precision, safe, cuts labor costs, is environmentally friendly, and easily helps build complex building structures. 3D printing in construction is economical in terms of material usage when compared with the traditional manufacturing process. Moreover, 3D printing reduces the labor costs by 50%-80%, production time by 50%-70%, and construction waste by 30%-60%. Therefore, the economic benefits offered by 3D printing construction is expected to significantly boost the market growth.
Get the full global 3D printing building construction industry report here
Global 3D Printing Building Construction Market Segments
The global 3D printing building construction market is segmented:
By Construction: Modular, Full Building
By Process: Extrusion, Powder Bonding, Others
By Printing Material: Concrete, Plastic, Metal, Hybrid, Others
By End User: Residential, Commercial, Industrial
By Geography: The regions covered in the 3D printing building construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest share in the global 3D printing building construction market.
3D Printing Building Construction Global Market Report 2022provides market size and growth forecasts for the global 3D printing building construction market, global 3D printing building construction market share, 3D printing building construction market segments and geographies, 3D printing building construction market competitive landscape including leading competitors’ revenues, profiles and market shares. The 3D printing building construction market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global 3D Printing Building Construction Industry Playersinclude XtreeE, Winsun (Yingchuang Building Technique), Skanska, Apis Cor, Al Build, Branch Technology, Zhuoda Group, Cazza Construction Company, Contour Crafting Corporation. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.