Global 3D Printing Building Construction Market

3D Printing Building Construction Market Definition

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. Establishments that use 3D printing to create construction components and print entire buildings are included in this market. The 3D printing building construction market includes new work, additions, alterations, maintenance, and repairs.

Single-Family Smart Homes Market Definition

The single-family smart homes market consists of the revenues earned by entities (organizations, sole traders and partnerships) that construct single-family smart homes. The single-family smart homes industry includes the development, construction, and sale of single-family smart homes. It includes new construction work, additions, alterations, maintenance, and repairs. Smart homes are futuristic buildings which are equipped with advanced electronics and wireless devices, and can be controlled remotely from anywhere with an internet connection using networked devices such as mobiles. Smart home systems and devices operate together by sharing home residents’ usage data and automating actions based on homeowners’ preferences. Smart home appliances include smart entertainment, smart lighting, home security and smart appliances, which are controlled by sensors, timers, switches and remote controllers.

The specialty trade contractors market consists of sales of specialty trade contractors services and related goods by entities (organizations, sole traders and partnerships) that perform specific activities (e.g., pouring concrete, site preparation, plumbing, painting, and electrical work) involved in building construction or other activities that are similar for all types of construction, but that are not responsible for the entire project. The work performed may include new work, additions, alterations, maintenance, and repairs. The production work performed by establishments in this market is usually subcontracted from establishments of the general contractor type or for-sale builders, but especially in remodeling and repair construction work also may be done directly for the owner of the property. Specialty trade contractors usually perform most of their work at the construction site, although they may have shops where they perform prefabrication and other work. The sales revenues of establishments primarily engaged in preparing sites for new construction are also included in this market. The specialty trade contractors market is segmented into foundation, structure, and building exterior contractors; building equipment contractors; building finishing contractors and other specialty trade contractors. The global specialty trade contractors market is expected to grow from $3975.79 billion in 2020 to $4332.83 billion in 2021 at a compound annual growth rate (CAGR) of 9%. The growth 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 market is expected to reach $5584.91 billion in 2025 at a CAGR of 7%. Asia Pacific was the largest region in the global specialty trade contractors market, accounting for 39% of the market in 2020. North America was the second largest region accounting for 24% of the global market. Africa was the smallest region in the global specialty trade contractors market. The specialty trade contractor market growth in the historic period was mainly driven by the increase in construction activity in emerging markets. Emerging markets which registered robust construction activity included China, Brazil, India, Saudi Arabia and Indonesia. For instance, China’s construction market grew from $1,653 billion in 2016 to $2,279 billion in 2019. This rapid growth in construction activity contributed to the growth of the specialty trade contractor market. Construction costs have increased steadily due to rising material costs in the historic period. Companies in the industry experienced subdued growth in their profits with rising prices of materials such as crude oil, a key component of asphalt increased by 49%, softwood lumber, a major component used for buildings construction, which rose by 23% during historic period. In 2018, cement prices rose 2.5% and plumbing and fixtures increased by 3% in the US. High material prices adversely affected the specialty trade contractor market during historic period. Artificial intelligence and robotics are becoming popular in the construction industry to alter workforce, to capture data and analyze information, eliminate human error and inconsistency, and provide quality results. Artificial Intelligence (AI) uses computer to model natural intelligence of humans in computer-controlled robots, and machine learning to solve problems and execute tasks. These artificially intelligent robots aid in performing construction activities, inspecting quality, tracking progress, real time heavy equipment monitoring, proactively alerting the operator when there is a system breakdown or malfunction and increasing safety. For instance, in 2017, according to a survey on AI and machine learning in construction management, conducted by Gartner, 32% of the small and medium construction businesses are currently using AI and machine learning for construction management, 26% are planning and 23% of the businesses are evaluating the techniques. Major companies in the market include Vinci SA; Acs Actividades De Construcción Y Servicios; Quanta Services Inc; Kier Group; Comfort Systems. The countries covered in the global specialty trade contractors market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global specialty trade contractors market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global specialty trade contractors market is segmented - 1) By Type: Foundation, Structure, And Building Exterior Contractors, Building Equipment Contractors, Building Finishing Contractors, Other Specialty Trade Contractors 2) By Application: Residential Building Construction, Nonresidential Building Construction, Utility System Construction, Others 3) By Ownership: Chained, Standalone 4) By Mode: Online, Offline Subsegments Covered: Excavation And Demolition, Roofing, Concrete Work, Water Well Drilling, Electrical Contractors And Other Wiring Installation Contractors, Plumbing, Heating And Air-Conditioning Contractors, Other Building Equipment Contractors, Drywall And Insulation Contractors, Painting And Wall Covering Contractors, Flooring Contractors, Tile And Terrazzo Contractors, Finish Carpentry Contractors, Other Building Finishing Contractors, Site Preparation Contractors, All Other Specialty Trade Contractors

The land planning and development market consists of sales of land planning and development services and related goods by entities (organizations, sole traders and partnerships) that service land and subdivide real property into lots, for subsequent sale to builders. Servicing of land may include excavation work for installation of roads and utility lines. The land planning and development market is segmented into residential land planning and development; commercial and institutional land planning and development and industrial land planning and development. The global land planning and development market is expected to grow from $108.64 billion in 2020 to $116.17 billion in 2021 at a compound annual growth rate (CAGR) of 6.9%. The growth 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 market is expected to reach $173.11 billion in 2025 at a CAGR of 10%. Asia Pacific was the largest region in the global land planning and development market, accounting for 45% of the market in 2020. North America was the second largest region accounting for 24% of the global market. Africa was the smallest region in the global land planning and development market. A rapidly growing urban population is expected to increase the demand for new residential buildings, during the forecast period. Globally, around 60% of the urban settlements remained to be built . Large opportunities are expected to arise in Asian countries such as Indonesia, Vietnam and the Philippines which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, urban population in South Asia is expected to grow by 250 million by 2030. This rapid urbanization is expected to boost the demand for new infrastructure and drive the land planning and development market during the forecasted period During the forecast period, interest rates globally are expected to rise in most developing and developed economies; this is expected to limit the new investments in capital intensive industries such as land planning and development market. Most countries across the world are raising interest rates to control inflation and also to limit the flow of capital out of the country. This is likely to affect new investments in terms of expansion, research and development of new products. The US interest rates, for instance, are expected to rise up to 3.5% by 2021. In addition, the increase in interest rates is likely to have a major impact on construction of both residential and non-residential housing. Higher mortgage rates not only discourage new home buyers but also put pressure on homeowners forcing them to sell. For instance, mortgage rates are expected to increase from about 3.75% in 2017 to about 5.20% in 2021 . These factors are expected to have a negative impact on the market as borrowing money becomes expensive, affecting the market's growth. Land planning and development companies are using advanced technologies such as drones to efficiently manage land development projects. Drone is an unmanned aerial vehicle (UAV) that is integrated with communication technologies and controlled by a remote. Some of the typical applications of drones in land development include capturing panoramic images for marketing or communications, earthwork volume calculations, elevation mapping and environmental analysis. During land development, the terrain can change daily, thus requiring project managers to monitor these changes and accurately gauge the progress. Drones can help in collecting the data and keep project managers informed of the project's progress and help them to make better decisions. Major companies in the market include Crown Holdings; Daniel; Halpern Enterprises; Holder Properties; Jacoby. The countries covered in the global land planning and development market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global land planning and development market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global land planning and development market is segmented - 1) By Type: Residential Land Planning And Development, Commercial And Institutional Land Planning And Development, Industrial Land Planning And Development 2) By Ownership: Chained, Standalone Subsegments Covered: Houses And Housing Estate Developments, Apartments And Other Residential Developments

The non-residential building construction market consists of sales of nonresidential building construction services and related goods by entities (organizations, sole traders and partnerships) that construct non-residential buildings (including new work, additions, alterations, maintenance, and repairs). The establishments in this market include non-residential general contractors, non-residential for-sale builders, non-residential design-build firms, and non-residential project construction management firms. The non-residential building market includes new work, additions, alterations, maintenance, and repairs. The nonresidential building construction market is segmented into institutional buildings and commercial buildings. The global nonresidential building construction market is expected to grow from $2389.41 billion in 2020 to $2675.38 billion in 2021 at a compound annual growth rate (CAGR) of 12%. The growth 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 market is expected to reach $3557.79 billion in 2025 at a CAGR of 7%. Asia Pacific was the largest region in the global nonresidential building construction market, accounting for 44% of the market in 2020. North America was the second largest region, accounting for 30% of the global nonresidential building construction market. Africa was the smallest region in the global nonresidential building construction market. A rapidly growing urban population is expected to increase the demand for new residential and commercial buildings, during the forecast period. Globally, around 60% of the urban settlements remained to be built. Large opportunities are expected to arise in Asian countries such as Indonesia, Vietnam and the Philippines which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, urban population in South Asia is expected to grow by 250 million by 2030. This rapid urbanization is expected to boost the demand for new infrastructure and drive the non-residential building construction market during the forecasted period. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the non-residential building construction market in 2020 as supply chains were disrupted due to trade restrictions and construction activities were affected due to lockdowns imposed by governments globally. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Construction companies depend on supply of raw materials and equipment from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, companies had to halt construction activities due to lack of equipment and raw material. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the non-residential building construction market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Building construction companies are increasingly using green construction techniques to build energy efficient buildings and reduce construction costs. Green construction refers to the practice of using sustainable building materials and construction processes to create energy-efficient buildings with minimal environmental impact. According to World Green Building Trends Survey 2015, about 51% of construction firms in the UK were involved in green construction projects. Certifications such as Leadership in Energy and Environmental Design (LEED) help construction companies to develop high-performance, sustainable residential and commercial buildings, and also offer a variety of benefits, from tax deductions to marketing opportunities. Sustainable construction materials such as natural paints and steel beams made from recycled material are being widely used in the UK. Other green construction techniques such as cross-ventilation for more natural environment, green construction software such as Construction Suite to ensure green compliance, and Green Globes management tool are also being used in the construction industry. The major players covered in the global nonresidential building construction market are Clark Construction Group, Turner Construction, Whiting-Turner Contracting, Balfour Beatty, China State Construction Engineering Corporation. The countries covered in the global nonresidential building construction market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The regions covered in the global nonresidential building construction market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global nonresidential building construction market is segmented - 1) By Type: Institutional Buildings, Commercial Buildings 2) By End User Sector: Private, Public 3) By Buidling Type: Non residential Smart Buildings, Traditional Buildings Subsegments Covered: Education Buildings, Public Convenience Buildings, Government Buildings, Religious Buildings, Healthcare Buildings, Office And Factory Buildings, Hospitality And Restaurant Buildings, Entertainment And Sports Buildings, Retail And Other Commercial Buildings

The utility system construction market consists of sales of utility system construction services and related goods by entities (organizations, sole traders and partnerships) that construct distribution lines and related buildings and structures for utilities (i.e., water, sewer, petroleum, gas, power, and communication). All structures (including buildings) that are integral parts of utility systems (e.g., storage tanks, pumping stations, power plants, and refineries) are included in this market. The work performed includes new work, additions, alterations, maintenance, and repairs. The utility system construction market is segmented into water and sewer line and related structures construction; oil and gas pipeline and related structures construction and power and communication line and related structures construction. The global utility system construction market is expected to grow from $672.37 billion in 2020 to $713.33 billion in 2021 at a compound annual growth rate (CAGR) of 6.1%. The growth 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 market is expected to reach $910.6 billion in 2025 at a CAGR of 6%. North America was the largest region in the global utility system construction market, accounting for 39% of the market in 2020. Asia Pacific was the second largest region, accounting for 35% of the global utility system construction market. Africa was the smallest region in the global utility system construction market. The utility construction market is expected to be driven by rapid growth in emerging markets in the forecasted period. Emerging markets growth was aided by rising disposable income, stable political environment and increasing foreign investments in these countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Thus, strong economic growth boosted construction demand in emerging markets such as China, India, Brazil, Saudi Arabia, and Indonesia, thereby driving the market during forecast period. Health and safety issues have always been a major concern in the utility construction industry. Construction activities always face worker safety issues with them working at height, working in confined spaces, working underground and close proximity to falling materials, handling load manually, handling hazardous substances, using plant and equipment, fire and exposure to live cables. The American construction industry comprises 6% of the US workers, but witness around 20% the fatalities, largest number of fatalities compared to any other industry. Inadequate safety and health measures has a negative impact on both the construction and built environments resulting in fatalities, injuries and diseases. Utility system construction companies are using advanced technologies such as drones to efficiently manage projects. A drone is an unmanned aerial vehicle (UAV) that is integrated with communication technologies and controlled by a remote. Some of the typical applications of drones in utility system construction include earthwork volume calculations, elevation mapping, and environmental analysis. During the construction, the terrain can change on a daily basis, thus requiring project managers to monitor these changes. Drones are also being used to monitor project progress and help managers in decision making. The major players covered in the global utility system construction market are Qwest, American Tower, Mastec, Powerteam Services, Michels. The countries covered in the global utility system construction market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The regions covered in the global utility system construction market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global utility system construction market is segmented - 1) By Type: Water And Sewer Line And Related Structures Construction, Oil And Gas Pipeline And Related Structures Construction, Power And Communication Line And Related Structures Construction 2) By End User Sector: Private, Public Subsegments Covered: Water Well Drilling Contractors, Sewer Construction, Water Main And Plant Construction

The foundation, structure and building exterior contractors market consists of sales of foundation, structure, and building exterior contractors services and related goods by entities (organizations, sole traders and partnerships) that perform the specialty trades needed to complete the basic structure (i.e., foundation, frame, and shell) of buildings. The work performed may include new work, additions, alterations, maintenance, and repairs. The foundation, structure, and building exterior contractors market is segmented into excavation and demolition; roofing; concrete work and water well drilling.

The global foundation, structure, and building exterior contractors market is expected to grow from $732.56 billion in 2020 to $819.43 billion in 2021 at a compound annual growth rate (CAGR) of 11.9%. The growth 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 market is expected to reach $1062.09 billion in 2025 at a CAGR of 7%.

North America was the largest region in the global foundation, structure, and building exterior contractors market, accounting for 34% of the market in 2020. Asia Pacific was the second largest region accounting for 33% of the global market. Africa was the smallest region in the global foundation, structure, and building exterior contractors market.

A rapidly growing urban population is expected to increase the demand for new residential and commercial land, during the forecast period. Globally, around 60% of the urban settlements remained to be built. Large opportunities are expected to arise in Asian countries such as Indonesia, Vietnam and the Philippines which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, urban population in South Asia is expected to grow by 250 million by 2030. This rapid urbanization is expected to boost the demand for new infrastructure and drive the foundation, structure, and building exterior contractors market during the forecasted period.

Health and safety issues have always been a major concern in the foundation, structure, and building exterior contractor industry. Construction activities always face worker safety issues with them working at height, working in confined spaces, working underground and close proximity to falling materials, handling load manually, handling hazardous substances, using plant and equipment, fire and exposure to live cables. The American construction industry comprises 6% of the US workers, but witness around 20% the fatalities, largest number of fatalities compared to any other industry. Inadequate safety and health measures has a negative impact on both the foundation, structure, and building exterior contractor and built environments resulting in fatalities, injuries and diseases.

Contractors are offering building-integrated photovoltaic (BIPV) glazing technology for generation of electricity. A BIPV system consists of solar cells or modules that are integrated into building elements or material as part of the building structure. Traditionally used photovoltaic systems are found on rooftops which have small surface areas. Whereas BIPV photovoltaic cells are integrated directly into cladding materials, shingles or windows enabling almost any building component including the roof, façade, windows, canopies or balcony railings to generate solar electricity. Thus, BIPV installed buildings can self-generate a larger portion of their electricity from a free and clean energy source. AGC Inc., Avenston Group, BELECTRIC, BiPVco and Canadian Solar are examples of companies working on building-integrated photovoltaic.

Major companies in the market include Plant Prefab; Connect Homes; Stillwater Dwellings; Method Homes; Sander Architects.

The countries covered in the global foundation, structure, and building exterior contractors market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the global foundation, structure, and building exterior contractors market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global foundation, structure, and building exterior contractors market is segmented - 1) By Type: Excavation And Demolition, Roofing, Concrete Work, Water Well Drilling 2) By Application: Residential Building Construction, Nonresidential Building Construction, Others 3) By Service Provider: Large Chain Companies, Independent Contractors 4) By Mode: Online, Offline

The building equipment contractors market consists of sales of building equipment contractors services and related goods by entities (organizations, sole traders and partnerships) that install or service equipment that forms part of a building’s mechanical system (e.g., electricity, water, heating, and cooling). The work performed may include new work, additions, alterations, maintenance, and repairs. The sales revenues of contractors installing specialized building equipment, such as elevators, escalators, service station equipment, and central vacuum cleaning systems, are also included. The building equipment contractors market is segmented into electrical contractors and other wiring installation contractors; plumbing, heating and air-conditioning contractors and other building equipment contractors. The global building equipment contractors market is expected to grow from $1744.65 billion in 2020 to $1914.24 billion in 2021 at a compound annual growth rate (CAGR) of 9.7%. The growth 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 market is expected to reach $2426.11 billion in 2025 at a CAGR of 6%. Asia Pacific was the largest region in the global building equipment contractors market, accounting for 39% of the market in 2020. North America was the second largest region accounting for 24% of the global market. Africa was the smallest region in the global building equipment contractors market. A rapidly growing urban population is expected to increase the demand for new residential and commercial buildings, during the forecast period. Globally, around 60% of the urban settlements remained to be built . Large opportunities are expected to arise in Asian countries such as Indonesia, Vietnam and the Philippines which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, urban population in South Asia is expected to grow by 250 million by 2030. This rapid urbanization is expected to boost the demand for new infrastructure and drives the building equipment contractors market during the forecasted period. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the non-residential building construction market in 2020 as supply chains were disrupted due to trade restrictions and construction activities were affected due to lockdowns imposed by governments globally. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Construction companies depend on supply of raw materials and equipment from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, companies had to halt construction activities due to lack of equipment and raw material. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the non-residential building construction market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Smart wearable is paving their way into the building equipment contractors market and are being used by supervisors for monitoring operations. Wearable technology in the construction industry will not only have value for workers but can also enhance a company’s ability to manage safety. Wearable are devices that generally include a computer or electronic device, worn on the body, personal protective equipment, or clothing. Sensing wearable like the smart cap, badges, and biosensors evaluate real-time data like location, impact, motion, temperature, and vital signs. Microsoft's device, HoloLens, allows users to use augmented or mixed reality on the job site. Users can overlay 3D building plans over a site. The plans are to scale so project managers can actually see how things will work and fit on the site, reducing the rework requirement. Skanska, a US-based construction firm, has collaborated with Redpoint, another US-based safety equipment manufacturer, to develop a vest that tracks the wearer's location, and sends LED warning signals when entering a designated area. Major companies in the market include Bergelectric; EMCOR Group; IES Holdings; ARS/Rescue Rooter; Comfort Systems. The countries covered in the global building equipment contractors market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global building equipment contractors market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global building equipment contractors market is segmented - 1) By Type: Electrical Contractors And Other Wiring Installation Contractors, Plumbing, Heating And Air-Conditioning Contractors, Other Building Equipment Contractors 2) By Application: Residential Building Construction, Nonresidential Building Construction, Utility System Construction, Others 3) By Service Provider: Large Chain Companies, Independent Contractors 4) By Mode: Online, Offline