About 3D Printing Construction
3D printing in construction, also known as 3D construction printing or additive manufacturing for construction, is a revolutionary technology rapidly transforming the industry. It involves using large-scale 3D printers to deposit layers of concrete, other materials, or even entire building components, creating structures in a layer-by-layer fashion. It is a method for manufacturing construction elements or entire buildings by means of a 3D printer printing concrete, polymer, metal, or other materials, layer-by-layer. The most common type of printer is based on a robotic arm that moves back and forth while extruding concrete. The current market for 3D printing construction is full of promise and potential. With continued technological advancements, innovative applications, and effective solutions to existing challenges, this technology is poised to revolutionize the construction industry.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 94.0% |
The 3D printing construction market is a dynamic and competitive space with immense potential. The companies that can successfully address the challenges, leverage their unique strengths, and adapt to the evolving market trends are poised to emerge as leaders in this transformative industry. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Apis Cor (United States), COBOD (Denmark), Constructions-3D (France), Twente Additive Manufacturing (Netherlands), ICON (United States), WinSun Global (China), WASP (Italy), BigRep (Germany), Saint-Gobain (France) and CEMEX (Mexico) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Saint-Gobain (France), Schneider Electric (France), Holcim (Switzerland), Skanska (Sweden) and Autodesk (United States).
Segmentation Overview
AMA Research has segmented the market of Global 3D Printing Construction market by and Region.
On the basis of geography, the market of 3D Printing Construction has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Residential will boost the 3D Printing Construction market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. 3D Printable Concrete will boost the 3D Printing Construction market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Method, the sub-segment i.e. Extrusion will boost the 3D Printing Construction market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancement in software for design, optimization, and printing control
Market Growth Drivers:
Increasing Demand for Efficiency and Productivity and Rising Adoption of 3D Printing in Construction Industry
Challenges:
Regulatory and safety concerns regarding new materials and printing processes
Restraints:
The lack of a skilled workforce trained in 3D printing construction techniques.
Opportunities:
Implement robotic arms for handling materials, placing printed components, and automating repetitive tasks, improving safety and efficiency. and Develop cybersecurity measures to protect critical infrastructure and building systems.
Market Leaders and their expansionary development strategies
In November 2023, PEI Genesis collaborated with Siemens to integrate automation and digitalization technologies into their 3D printing systems, aiming to enhance efficiency and control. This collaboration between PEI Genesis and Siemens is a promising step towards realizing the full potential of 3D printing construction. By utilizing automation and digitalization technologies, this partnership can contribute to more efficient, controlled, and cost-effective printing processes, paving the way for wider adoption of this innovative technology in the construction industry.
In December 2023, ICON announced the launch of its Vulcan 3D printer, specifically designed for large-scale commercial and industrial construction projects. This marks a significant development in expanding the applications of 3D printing beyond residential buildings.
Key Target Audience
Residential Construction, Industrial Construction, Potential Investors, Market Research and Consultancy Firm and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.