3D printing construction market worth $1,575 million by 2024


“Browse through 74 market data tables and 34 figures spread across 129 pages and an in-depth TOC on the ‘3D Printing Construction Market'”

3D Printing Construction Market by Material Type (Concrete, Metal, Composite), Construction Method (Extrusion, Powder Bonding), End-Use Sector (Building, Infrastructure), Region (North America, Europe, APAC, ROW)

the 3D printing construction market the size is expected to increase from USD 3 million in 2019 to USD 1,575 million by 2024, at a CAGR of 245.9% during the forecast period. The market is witnessing significant growth owing to the increasing demand from various end-use industries such as construction and infrastructure. 3D construction printing has multiple characteristics, such as time-saving, cost-effectiveness, and environmental friendliness, leading to its increasing adoption.

Buildings were the largest end-use sector in 2019.

Construction 3D printing is mainly used to create residential and commercial buildings. The cost-effective and time-saving characteristics of this technology have contributed to its extensive use for the development of buildings. Construction 3D printing provides excellent thermal qualities that are strong enough to withstand external factors such as heat. Additionally, its ability to develop complex building geometries, safety, more precision and less waste has enabled the construction of complex building structures at an affordable price.

Know the assumptions used for the study download the pdf brochure

The extrusion construction method is the fastest growing segment in the overall market.

3D printing construction is available in two construction methods, namely extrusion and powder bonding. Extrusion construction method is expected to register the highest CAGR over the forecast period as it is widely used in the construction and infrastructure sector.

Concrete material type is the fastest growing segment in the overall market.

3D printing construction is available in four types of materials, namely concrete, metal, composite and others (such as foam, plastic, gypsum and geopolymer). Concrete material is expected to register the highest CAGR during the forecast period as it is used in roads, infrastructure (bridges, dams and buildings), port protection (protective walls) and water distribution. water (pipes and lines). Key aspects of the concrete mix that play an essential role in 3D printing include extrudability, structurability, flowability, compressive strength, and open time.

Europe is expected to be the largest market for 3D printing construction during the forecast period.

Europe is one of the main markets for the 3D printing construction industry. Rising demand from end-use industries such as construction and infrastructure is driving the 3D printing construction market in the region. The region has major 3D printing construction companies that are focused on adopting various business strategies to increase 3D printing construction production and meet the growing demand from end users. For example, XtreeE and Seaboost (Egis group) combined their skills in large-scale 3D printing and marine biology to design and manufacture one of the most innovative artificial reefs. The 3D printed artificial reef was placed in the Calanques National Park (France) to restore lost ecological functions, March 2018.

Some of the major players in the 3D printing construction market are Yingchuang Building Technique (China), XtreeE (France), Apis Cor (Russia), Monolite UK (United Kingdom), CSP srl (Italy), CyBe Construction (Netherlands). Bas), Sika (Switzerland), MX3D (Netherlands), Cazza Construction Technologies (California) and ICON (Texas). The strategies undertaken by these players include partnerships, joint ventures, new projects, expansion and investment.

Sample report request: https://www.marketsandmarkets.com/requestsampleNew.asp?id=84104178

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats that will impact 70%-80% of global business revenue. Currently serving 7,500 customers worldwide, including 80% of global Fortune 1000 companies as customers. Nearly 75,000 senior executives from eight industries around the world approach MarketsandMarkets™ for their revenue decision issues.

Our 850 full-time analysts and MarketsandMarkets™ SMEs track global high-growth markets by following the “Growth Commitment Model – GEM”. The GEM aims for proactive collaboration with customers to identify new opportunities, identify most important customers, write “Attack, Avoid and Defend” strategies, identify additional sources of revenue for the company and its competitors. MarketsandMarkets™ now offers 1,500 MicroQuadrants (positioning top performers among Leaders, Emerging Companies, Innovators and Strategic Players) each year in high-growth emerging segments. MarketsandMarkets™ is determined to benefit over 10,000 companies this year for their revenue planning and help them bring their innovations/disruptions to market by providing research ahead of the curve.

MarketsandMarkets’ flagship competitive intelligence and market research platform, “Knowledge Store”, connects over 200,000 markets and entire value chains for a deeper understanding of unmet information, as well as market sizing and niche market forecasts.

Media Contact
Company Name: MarketsandMarkets
Contact: Mr. Aashish Mehra
E-mail: Send an email
Call: 18886006441
Address:630 Dundee Road, Suite 430
Town: Northbrook
State: IT 60062
The country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/3d-printing-construction-market-84104178.html

Press release issued by ABNewswire.com

To view the original version on ABNewswire, visit: 3D printing construction market worth $1,575 million by 2024


Comments are closed.