Projections Show 3D Printing Construction Market Size Hitting USD 1,242.42 Billion by 2032


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The growth in the market for 3D printing construction is primarily driven by its speed and efficiency advantages.

Vancouver, Dec. 07, 2023 (GLOBE NEWSWIRE) — The global Three Dimensional (3D) printing construction market was valued at USD 2.40 Billion in 2022. The market is projected to register a solid revenue CAGR of 86.8% during the forecast period, according to the most recent analysis by Emergen Research. One primary reason for the growth in market revenue is the increasing demand for 3D printing in construction due to its speed and efficiency. 3D printing, a progressive manufacturing method, uses computer-aided designs and Building Information Modelling (BIM) to instruct the 3D printer. The printer then deposits materials layer by layer, ultimately creating a physical 3D product. Construction companies have noticed increased accuracy in creating concrete structures using 3D printing.

Moreover, the implementation of strategic initiatives by major companies also drives the market revenue. For instance, Simpliforge Creations announced the world’s first robotic construction 3D printer on January 20, 2022. This printer can print a variety of items, including landscaping components, furniture, monuments, wall façades, and even full-scale civil buildings.

Simpliforge’s patented construction material ‘SIMPLICRETE’ is also compatible with eco-friendly materials such as geopolymers and clay. However, the use of most 3D construction printers is confined to specific materials like concrete or cementitious mixtures. This limits the variety of construction materials that can be used and might not be suitable for all building applications, which could potentially impede market revenue growth.

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Scope of Research

Report Details

Outcome

Market Size in 2022

USD 2.40 Billion

Volume Units in 2022

XX Units

CAGR (2023–2032)

86.8%

Revenue Forecast To 2032

USD 1242.42 Billion

Base Year For Estimation

2022

Historical Data

2019-2021

Forecast Period

2023–2032

Quantitative Units

Revenue in USD Billion and CAGR in % from 2022 to 2032

Report Coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments Covered

Technology type, construction material, construction type, printing scale, end-use, and region

Regional Scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Country Scope

U.S., Canada, Mexico, Germany, France, UK, Italy, Spain, Benelux, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, South Africa, Turkey, and Rest of Middle East & Africa

Key Companies Profiled

Freepik Company S.L, Apis Cor Inc., COBOD, CyBe Construction, Contour Crafting Corporation, Sika AG, 3D Printing Industry, Yingchuang Building Technique Co., Ltd., Aniwaa Pte. Ltd., PERI SE, 3DR HOLDINGS, XtreeE, SQ4D LLC, Construction Robotics, Bemore3D, TECLA, Emerging Objects, Constructions-3D, MX3D, and Branch Technology

Customization Scope

10 hours of free customization and expert consultation

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Major Companies and Competitive Landscape

The global 3D printing construction market is somewhat fragmented with several large and medium-sized players accounting for a significant portion of market revenue. These major players are employing various tactics, including mergers and acquisitions, strategic agreements, and contracts, as well as developing, testing, and launching more effective 3D printing construction solutions.

The following are some of the major players featured in the global 3D printing construction market report:

Freepik Company S.L.

Apis Cor Inc.

COBOD

CyBe Construction

Contour Crafting Corporation

Sika AG

3D Printing Industry

Yingchuang Building Technique Co., Ltd.

Aniwaa Pte. Ltd.

PERI SE

3DR HOLDINGS

XtreeE

SQ4D LLC.

Construction Robotics

Bemore3D

TECLA

Emerging Objects

Constructions-3D

MX3D

Branch Technology

Strategic Development

On 25 September 2023, AC3D, a construction 3D printing firm based in the U.S., announced the commencement of operations in the United Arab Emirates (UAE). AC3D said it is setting the stage for a greener future of building by focusing on low-rise homes, commercial real estate, and infrastructure, vowing to make it up to 1.5 times more cost-effective and labor-intensive. The company’s goal is to accelerate construction processes by up to four times while utilizing sustainable 3D printing materials.

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Some Key Highlights from the Report

The contour crafting segment secured the most significant revenue slice in the global 3D printing construction market in 2022. It achieves this due to contour crafting’s extensive use of sizable 3D printers to build whole structures or components of buildings per layer. Its outstanding speed and efficiency make it a top choice for a broad assortment of construction projects, ranging from small dwellings to mega infrastructure works.

The residential buildings sector is projected to record a consistently rapid revenue growth rate in the global 3D printing construction market within the forecast timeline. This growth can be ascribed to the soar in demand for 3D printing in residential structures, as the technology dramatically reduces the project timeframe. 3D construction printers can deposit small volumes of concrete precisely where needed, even for complex designs, thereby extending an architect’s design capabilities. Rising requirements for eco-friendly and sustainable housing solutions additionally drive this segment’s revenue growth.

On November 8, 2022, Bakrie collaborated with COBOD for 3D construction printing activities in Indonesia. This partnership was designed to instigate a connection between Modula and COBOD, aiming to boost their operations in the construction sector by utilizing Three Dimensional Concrete Printing (3DCP) technology in Indonesia.

For more detailed information about the report, along with research methodology, table of contents, and infographics, please visit: https://www.emergenresearch.com/industry-report/3d-printing-construction-market

Emergen Research has segmented the global 3D printing construction market on the basis of technology type, construction material, construction type, printing scale, end-use, and region:

Technology Type Outlook (Revenue, USD Billion; 2019-2032)

Contour Crafting

Robotic Arm Printing

Binder Jetting

Material Extrusion

Construction Material Outlook (Revenue, USD Billion; 2019-2032)

Concrete

Cementitious Materials

Plastics

Composites

Metal

Construction Type Outlook (Revenue, USD Billion; 2019-2032)

Residential Buildings

Commercial Buildings

Industrial Buildings

Infrastructure

Bridges

Roads

Tunnels

Others

Printing Scale Outlook (Revenue, USD Billion; 2019-2032)

Small-Scale Printing

Medium-Scale Printing

Large-Scale Printing

End-Use Outlook (Revenue, USD Billion; 2019-2032)

Construction Companies

Architectural Firms

Real Estate Developers

Government and Public Projects

Others

Regional Outlook (Revenue, USD Billion; 2019-2032)

North America

U.S.

Canada

Mexico

Europe

Germany

France

UK

Italy

Spain

Benelux

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

UAE

South Africa

Turkey

Rest of Middle East & Africa

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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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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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