Stratview Research has published a new report on the 3D Printing Construction Market after a thorough analysis of the market. The key sources of information gathered for the report include various industry experts, suppliers, manufacturers, associations along with business distributions. The research report determines the unique benefits of the various market size, shares, and the patent industry. The objective of the 3D Printing Construction Market report is to offer updated information such as the market share, size, trends, emerging markets, earnings, forecasts, and data on leading industry players. This study includes significant and vital information necessary for strategic decision-making and to have a competitive edge.
Market Insights
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.
Detailed Segmentation – According to the report, the 3D Printing Construction Market is Segmented by Construction Method Type (Extrusion, Powder Bonding), by Material Type (Concrete, Metal, Composite, and Others), by End-Use Sector Type (Building, Infrastructure), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
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
The following is a list of the customers that the 3D Printing Construction Market aims to convert the most:
- Yingchuang Building Technique
- XtreeE
- Apis Cor
- Monolite UK
- CSP s.r.l.
- CyBe Construction
- Sika
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