Meticulous Research®, a leading global market research firm, has published a report titled “3D Printing Construction Market by Construction Method (Extrusion, Powder Bonding), Material Type (Concrete, Metal, Composite, and Others), Application (Building & Infrastructure) and Geography—Global Forecasts to 2030.” According to this report, the 3D printing construction market is expected to reach $1,617.5 billion by 2030, growing at a remarkable CAGR of 207.1% from 2023 to 2030. Key factors driving this market growth include a heightened focus on low-waste construction, reduced health and safety risks, improved accuracy, extensive design flexibility, increased adoption of green projects, and a labor shortage in the construction industry.
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The 3D printing construction market is segmented by construction method, material type, and application. The study also evaluates industry competitors and analyzes the regional and country-level markets.
The 3D printing construction market is categorized by construction method into extrusion and powder bonding. In 2023, the extrusion segment is anticipated to hold the largest share of the global market. This prevalence is due to extrusion being the most widely used 3D printing technique, adaptable to nearly all environments. It is employed in modeling, prototyping, and production applications. The extrusion process involves creating objects by layering material through one or more nozzles, which are mounted on a robotic arm, gantry system, or crane.
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The growth of the segment can be attributed to the flexibility of operation, easy post-execution alterations, continuous operation, and high production volumes. However, the powder bonding segment is expected to grow at the highest CAGR during the forecast period.
The 3D printing construction market is segmented by material type into concrete, metal, composite, and others. In 2023, the concrete segment is projected to hold the largest share of the global market. This is due to the increasing use of 3D concrete printing as an alternative to traditional concrete construction, offering benefits such as reduced costs, labor, and time, while enhancing overall productivity. Additionally, 3D-printed concrete formworks enable the creation of complex shapes like double-curved surfaces and organic geometries at a significantly lower cost. As a result, constructors are increasingly focused on developing 3D-printed concrete formworks. Meanwhile, the metal segment is expected to experience the highest growth rate during the forecast period.
Key Players:
The key players operating in the 3D printing construction market are COBOD (Denmark), Yingchuang Building Technique (China), XtreeE (France), Apis Cor Inc. (U.S.), WASP S.r.I (Italy), CyBe Construction (Netherlands), Sika AG (Switzerland), MX3D (Netherlands), Contour Crafting Corporation (U.S.), ICON Technology, Inc. (U.S.), L&T Construction (India), and Constructions-3D (France), among others.
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Key questions answered in the report-
- Which are the high-growth market segments based on construction method, material type, and application?
- What was the historical market for 3D printing construction?
- What are the market forecasts and estimates for the period 2023–2030?
- What are the major drivers, restraints, and opportunities in the 3D printing construction market?
- Who are the major players, and what shares do they hold in the 3D printing construction ?
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