Projected Growth of 3D Printing in Construction Market to USD 3.3 billion by 2031 – Insights by Transparency Market Research, Inc.


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Utilizing eco-friendly materials and curbing construction waste will enhance the use of 3D printing within the construction sector.

In Wilmington, Delaware, United States, on 2nd January 2024, Transparency Market Research Inc. has informed that the worth of 3D printing within the construction industry was USD 1.2 billion in 2021. It is projected to grow at a CAGR of 40.3% from 2022 through 2031. The market is likely

to reach US$ 3.3 billion by the end of 2031. It can significantly diminish the costs of construction by decreasing waste and labor expenses. Besides enabling efficient usage of materials, this technology makes the construction processes economical.

When compared with traditional approaches, 3D printing enables quicker construction. A step-by-step building process could expedite project schedules by granting the development of complicated structures in lesser time. It allows for complex and personalized designs that were previously hard or impossible to be created using traditional construction methods. When architects and builders use innovative and unique designs, the buildings can be structurally robust and innovative simultaneously.

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Key Findings of the Market Report

The services segment, when categorized based on components, is anticipated to stimulate demand in 3D printing within the construction industry.

Focusing on the materials, the concrete segment is projected to create considerable demand in the forthcoming years.

Powder bonding, in terms of construction methods, is predicted to enhance the growth of 3D printing in the construction market.

North America is anticipated to retain a leading position in the 3D printing for construction market over the following few years.

It is projected that the market for 3D printing in construction within the Middle East & Africa will witness a substantial growth from 2022 to 2031.

Global 3D Printing in Construction Market: Main Factors of Growth

One of the significant advantages of 3D printing is its contribution to waste reduction, thereby making it a sustainable process. In line with global trends to foster eco-friendly practices, a variety of 3D printing processes utilize environment-friendly and recyclable materials. Employing robotics and automation in 3D printing methods results in greater efficiency and accuracy. Automated systems enable construction personnel to operate incessantly and eliminate the need for prolonged breaks, leading to boosted efficiency and speed.

3D printing is gaining traction globally due to the increasing demand for affordable housing solutions. This technology offers rapid and cost-efficient solutions for addressing the housing shortage. As the perks of using 3D printing in construction become more familiar, development and construction firms are starting to exploit its vast potentials.

3D printing has steadily gained a foothold in the construction sector. Some governments are boosting its adoption by providing grants, funding, and beneficial regulations to companies. This, in turn, spurs the industry to embrace innovation and adopt groundbreaking technologies. In terms of material options, speed, and scale, 3D printing technology used in construction is continually improving. Traditional construction methods pose safety risks to workers, risks that can significantly be minimized through the automation of processes achievable with 3D printing technology. This will aid in decreasing accidents associated with manual labor.

Key Players in the Global 3D Printing in Construction Market

Various types of 3D printers, such as gantry-mounted printers, polar machines, and mobile robots, are currently available in the market. These printers can be used to build a variety of structures, from domestic houses to office buildings, and even bridges. Despite the numerous benefits that 3D printing brings, its utilization is not widespread. As such, vendors are striving to develop advanced products to increase their market share in the 3D printing in construction space.

<p>The construction sector is majorly dominated by a conservative approach, largely leaning on traditional methodologies. This is why 3D printing technology, specifically for construction purposes, is encountering copious challenges and has not yet fully matured. There are only a handful of companies in the industry employing 3D printing for their large-scale projects.</p>

<p>Apis Cor Inc.</p>

<p>COBOD International A/S</p>

<p>Contour Crafting Corporation</p>

CyBe Construction

ICON Technology, Inc.

MudBots 3D Concrete Printing, LLC

MX3D

WASP S.r.l.

XtreeE

Yingchuang Building Technique (Shanghai) Co. Ltd. (WinSun)

Black Buffalo 3D Corporation

Samsung C&T Corporation

L&T Construction

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Key Developments

In December 2023, a Danish real estate firm, AKF, developed a small-sized low CO2 concrete building in collaboration with Danish 3DCP Group and Saga Space Architects. The building includes various facilities such as a gymnasium, guest room, laundry facilities, and a COBOD BOD2 printer.

A promising German-based company, Domex 3D, emerged in the 3D printing industry in December 2023. This company has successfully managed to make a mark by integrated latest technologies in construction automation using 3D printing and robotics.

Market Segmentation in Global 3D Printing for Construction

Component-based Segmentation

Hardware

Software

Services

By Material

Concrete

Composites

Plastics

Metals

Others

By Construction Method

Extrusion

Powder Bonding

Others (Additive Welding, etc.)

By Printing Type

Full Building

Modular Components of Building (Walls, Ceilings, Floors, etc.)

By End User

Buildings

Residential

Commercial

Infrastructure

Foundations

Bridges

Others

By Region

North America

South America

Europe

Asia Pacific

Middle East & Africa

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Construction Robots Market – The industry was valued at USD 91.2 Mn in 2021 and it is estimated to grow at a CAGR of 15.3 % from 2022 to 2031 and reach USD 359.6 Mn by the end of 2031.

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact:

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Transparency Market Research Inc.

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“Why did the 3D printer go to therapy? Because it had too many layers of unresolved issues!”


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GCode-Guru

Meet the mastermind behind NozzleNerds.com: GCode-Guru, a 3D printing wizard whose filament collection rivals their sock drawer. Here to demystify 3D tech with a mix of expert advice, epic fails, and espresso-fueled rants. If you've ever wondered how to print your way out of a paper bag (or into a new coffee cup), you're in the right place. Dive into the world of 3D printing with us—where the only thing more abundant than our prints is our sarcasm.

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