3D Printing Construction Market to Witness Robust Growth by 2028

The 3D printing construction market was estimated at USD 0.03 billion in 2021 and is likely to grow at a CAGR of 146.64% during 2022-2028 to reach USD 18.91 billion in 2028.

Stratview Research releases a new insightful report on the 3D Printing Construction Market, that makes efforts at providing deep insights into numerous factors that are vital to the growth of this industry.

Market Insights

According to the present report, the 3D Printing Construction market was estimated at USD 0.03 billion in 2021 and is likely to grow at a CAGR of 146.64% during 2022-2028 to reach USD 18.91 billion in 2028.

COVID-19 Impact

The impact of the global pandemic Covid-19 was felt across all industries in every field. Worldwide lockdowns and restrictions resulted in a complete standstill in construction. As a result, the 3D printing construction market saw a significant decline due to Covid-19.

What is 3D Printing Construction?

3D printing construction refers to various technologies that use 3D printing to fabricate buildings or construction components. 3D printing construction is majorly used for building complex components for private, commercial, and industrial construction. It provides advantages such as lower labor costs, faster construction, and higher accuracy.

3D printing construction is done with different materials such as concrete, metal, composite, and others. They are constructed through different construction methods such as extrusion and powder bonding.

Market Drivers

The growing demand for 3D printing construction is mainly due to its various advantages such as-

  • Less construction time,
  • Cost-effectiveness,
  • Flexibility,
  • Less an occurrence of an error,
  • Great precision.

Key players mentioned in the report are -

Some of the major players mentioned in the report are listed below-

  • Yingchuang Building Technique
  • XtreeE
  • Apis Cor
  • Monolite UK
  • CSP s.r.l.
  • CyBe Construction
  • Sika

What we do-

Stratview Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients existing globally. We at Stratview Research are obliged to serve our diverse customer base present across the industries of Aerospace, Oil and Gas, Automotive, and Chemicals, etc. among various other industries present around the world. We strive to provide our customers with updated information on ground-breaking technologies, high growing markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

 

 


Rinku Suthar

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