Global 3D Printing Construction Market, By Printing Material (Concrete, Plastics, Metal, Ceramics, Others), Printing Technology (Fused Deposition Modeling (FDM), Wire Arc Additive Manufacturing (WAAM), Big Area Additive Manufacturing (BAAM), Stereolithography (SLA), Selective Laser Sintering (SLS), Selective Laser Melting (SLM), Others), End-Use Industry (Commercial, Residential, Industrial, Space (Extra-terrestrial)), Construction (Buildings, Bridges, Walls, Domes, Beams, Girders, Viaducts, Sound Barriers, Abutments, Balconies, Elements for Tunnels, Others), Application (Concept Models, Visual Arts, Tooling, Functional Models, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
3D printing is widely used in several industries, including aviation, healthcare, and engineering. For several times, the construction sector has remained inactive in terms of technological advancements. In contrast, the introduction of 3D printing construction has grown in popularity as more stakeholders recognise the actual potential of this technology. Over the years, this has become increasingly focused on the 3D printing construction business. In the future years, the 3D printing in construction market is predicted to gain traction due to a variety of benefits, including faster construction, dramatically lower injuries, lower material prices, and improvements in procedures.
Data Bridge Market Research analyses that the 3D printing construction market was valued at USD 32.55 million in 2021 and is expected to reach USD 97435.90 million by 2029, registering a CAGR of 171.97 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
3D printing is a process that can be used to produce physical objects based on digital designs. This is completed by using an additive process in which a physical machine produces an object that prints layer after layer of material till the object is completed. 3D printing in construction is also referred to as building contour crafting or printing and it is anticipated to be the future of construction in upcoming future.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD million, Volumes in Units, Pricing in USD
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Segments Covered
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Printing Material (Concrete, Plastics, Metal, Ceramics, Others), Printing Technology (Fused Deposition Modeling (FDM), Wire Arc Additive Manufacturing (WAAM), Big Area Additive Manufacturing (BAAM), Stereolithography (SLA), Selective Laser Sintering (SLS), Selective Laser Melting (SLM), Others), End-Use Industry (Commercial, Residential, Industrial, Space (Extra-terrestrial)), Construction (Buildings, Bridges, Walls, Domes, Beams, Girders, Viaducts, Sound Barriers, Abutments, Balconies, Elements for Tunnels, Others), Application (Concept Models, Visual Arts, Tooling, Functional Models, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Yingchuang Building Technique (China), XtreeE (France), Apis Cor (Russia), Monolite UK (UK), CSP Group srl (Italy), CyBe Construction (Netherlands), Sika (Switzerland), MX3D (Netherlands), Contour Crafting corporation (California), COBOD International A/S (Denmark), ICON Technology, Inc (US), Constructions-3D (Germany), AI build ltd, (UK), Imprimere Ag (Germany), Skanska (Sweden), Tracxn Technologies Limited (India)
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Market Opportunities
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3D Printing Construction Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increase the adoption of building information modeling
Increase the market growth of 3D printing construction due to adoption of Building Information Modeling (BIM) which is one of the major factor. BIM is the foundation of digital transformation in the engineering, architecture, and infrastructure industry. It is an extremely collaborative approach which allows architects, engineers, manufacturers, real estate developers, contractors, and other infrastructure specialists to design, plan, and create a structure or building in a single 3D manner.
- Rising investments in renewable energy infrastructure
Due to investments in renewable power generation capacities, increase the market's growth, which is expected to drive the 3D printing construction market in the forecast period. A huge number of power generation companies are investing in renewable energy sources, especially in the European USA and Asian countries.
- Increase number of government initiatives for spreading awareness
The governments are endorsing renewable energy sources by offering incentives and subsidies to renewable power generation companies globally. The Australian government invest approx. $600 million in subsidies to wind power generators. This is anticipated to increase the demand for services which has provided by construction companies, thus driving the market during the forecast period.
- Inherently green technology
For build energy efficient buildings and reduce construction costs, the building construction companies are gradually using green construction techniques. Green construction refers to the using of sustainable building materials and construction processes to produce energy-efficient buildings with nominal environmental impact
Opportunities
- Technological advancement
Due to technological advancements, the abilities of simulation software is advanced to attain advanced simulating printing and achieve better coordination between industrial printing parts and simulation software. This helps to upsurge the process for optimize machine performance, reliability and decrease material waste.
- Rapid urbanization
Rapid urbanization in the world increase the demand of 3D printing construction market. Due to reduced material consumption, improved safety, injuries of construction workers in the fields, less reliance on human resources, durable and sustainable infrastructure are encouraging companies to adopt this technology, better branding and market share will boost new market opportunities for the market's growth rate.
Restraints/ Challenges
The negative impact of the COVID-19 epidemic on the supply chain, as well as the high cost of raw materials, would act as market restraints, further challenging the market growth rate. The increasing demand for large capital investments, combined with the availability of limited-size printers, will stymie the expansion of the 3D printing construction market over the forecast period. The inability to carry large objects and the lack of handle support in 3D printing construction are the primary market restraints that will slow the market's growth rate.
This 3D printing construction market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the 3D printing construction market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on 3D Printing Construction Market
A coronavirus epidemic occurred in 2019, resulting in a COVID-19 global pandemic. Companies that used to play a significant role have transferred their activities away from the point of origin. With a considerable decline in output, both the manufacturing unit and the supply chain have been significantly hit. The transportation of goods was restricted due to which the requirements of raw materials were affected to construct 3D printers. However, the higher cost of 3D printing equipment and lack of skilled labour and due to imposing regulations on 3-dimension printing can restrain the industry growth.
Recent Development
- In June 2019, the plan of UAE government to construct approximately 25% of new buildings in Dubai as per 3D printed buildings by 2025. In order to attain this target, company has selected CyBe construction.
Global 3D Printing Construction Market Scope
The 3D printing construction market is segmented on the basis of printing material, printing technology, end-use industry, construction and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Printing Material
Printing Technology
- Fused Deposition Modeling (FDM)
- Wire Arc Additive Manufacturing (WAAM)
- Big Area Additive Manufacturing (BAAM)
- Stereolithography (SLA)
- Selective Laser Sintering (SLS)
- Selective Laser Melting (SLM)
- Others
End-Use Industry
- Commercial
- Residential
- Industrial
- Space (Extra-terrestria)
Construction
- Buildings
- Bridges
- Walls
- Domes
- Beams
- Girders
- Viaducts
- Sound Barriers
- Abutments
- Balconies
- Elements for Tunnels
- Others
Application
- Concept Models
- Visual Arts
- Tooling
- Functional Models
- Others
3D Printing Construction Market Regional Analysis/Insights
The 3D printing construction market is analysed and market size insights and trends are provided by country, printing material, printing technology, end-use industry, construction and application as referenced above.
The countries covered in the 3D printing construction market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the 3D printing construction market in terms of market share and revenue and will continue to flourish its dominance during the forecast period. This is due to the rising number of construction of buildings and the adoption of advanced technology and rising research and development activities. The Asia-Pacific region dominates the 3D printing construction market, with China leading the way in terms of. Due of the ease of large number of construction of buildings, China is leading the Asia-Pacific market.
During the projected period, North America is expected to be the fastest developing region due to the rising demand of Construction of buildings in construction sector in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and 3D Printing Construction Market Share Analysis
The 3D printing construction market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to 3D printing construction market.
Some of the major players operating in the 3D printing construction market are:
- Yingchuang Building Technique (China)
- XtreeE (France)
- Apis Cor (Russia)
- Monolite UK (UK)
- CSP Group srl (Italy)
- CyBe Construction (Netherlands)
- Sika (Switzerland)
- MX3D (Netherlands)
- Contour Crafting Corporation (California)
- COBOD International A/S (Denmark)
- ICON Technology, Inc (US)
- Constructions-3D (Germany)
- AI build ltd, (UK)
- Imprimere Ag (Germany)
- Skanska (Sweden)
- Tracxn Technologies Limited (India)
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