The global 3D printing construction market accounted for a value of USD 3.5 million in 2019. 3D printing construction market projected to register growth at a CAGR of 235.2 % during forecast period.
COVID-19 has impacted all the businesses over the globe. COVID-19 has impacted 3D printing construction market significantly. The demand for 3D printing construction is declining due to global pandemic across end-user industries. The supply chain has been affected due to travel restriction. The manufacturing units have to halt its production. The growth in this has been negatively affected due to spread of corona virus.
For more details, visit: Global 3D Printing Construction Market By Construction Method (Power Bonding, Extrusion), By Material Type (Concrete, Metals, Others), By End-User (Building , Infrastructure), By Region–Forecast & Opportunities to 2026
3D printing in construction helps in creating complex structures with maximum accuracy. 3D printing is an easy and rapid process which increases its requirement in the market. The 3D printing construction is highly adopted by various regions and this drives growth during forecast period.
On the basis of construction method, the 3D printing construction market is segmented into power bonding and extrusion. The extrusion segment is estimated to hold largest market share during forecast period. The demand for concrete material is rising which is extensively used in 3D printing construction by extrusion method. The material is being extruded from a nozzle which is mounted on a crane, 6-axes robotic-arm and gantry to print a structure layer by layer. This technique is highly preferred in 3D printing construction market and this drives growth in 3D printing construction market during forecast period.
On the basis of material type, the 3D printing construction market is segmented into concrete, metals, composite and others. The concrete segment is estimated to lead the market during forecast period. The concrete is widely adopted in 3D printing construction by major manufacturers across the world. Concrete is eco-friendly and cost effective. It has design flexibility and durability. This is likely to drive growth in concrete material segment during forecast period.
On the basis of end-user, the 3D printing construction market is segmented into building and infrastructure. The building segment is estimated to register growth at highest CAGR during forecast period. The demand for 3D printing is increasing in this segment due to high performance. It constructs complex designs easily. It creates lightweight components with low transportation and handling cost. This drives growth in building segment during forecast period.
Asia-Pacific region is estimated to dominate the 3D printing construction market during forecast period. There is a presence of large number of manufacturers and building & infrastructure industries are the highest consumers of 3D printing construction market in this region. The demand and adoption of 3D printing construction is increasing in this region. Countries such as China, Japan, Thailand and South Korea are major growth contributors in this market in Asia-Pacific region. This drives growth in Asia-Pacific region during forecast period.
The key market players in 3D printing construction market are Yingchuang Building Technique, Xtreee, Apis Cor, Monolite UK, Csp S.R.L., Cybe Construction, Sika, Mx3D, Contour Crafting, Icon, Betabram, Be More 3D, Acciona, 3D Printhuset, Lifetec Construction Group Inc., Spetsvia, Total Kustom, Beijing Huashang Luhai Technology, Imprimere and Rohaco.
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