According to a new market research report published by Credence Research “3D Concrete Printing Market (Walls, Floors & Roofs, Panels & Lintels; Ready-Mix, High-Density, Precast, Shotcrete) – Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 – 2023”, the global 3D concrete printing market stood at US$23.6Mn in 2015 and is estimated to expandwith a CAGR of 14.6% from 2016 to 2023.
3D concrete printing is the next big thing for major construction companies across the world. Companies are now increasingly investing on developing 3D concrete printing machine capable of fabricating large concrete structures such as walls, lintels, roofs and also entire house/building. With the emergence of 3D printing technology across different application sectors, construction industry too may soon embrace the cutting-edge technology in order to achieve faster, safer and greener construction. Using 3D concrete printers helps making the overall construction activity economical, environment friendly with more sophisticated designs.
The 3D printing market is majorly driven by the superior advantages of the technology as compared to the traditional construction technique. Some of the most significant advantages observed of using 3D printing technology are listed below:
- Faster construction process
- Minimal labor requirement
- Efficient use of raw materials with minimal wastage
- Implementation of more sophisticated designs
- Reduced costs of the overall construction project
- Less error possibility
Additive manufacturing offers better overall efficiency as compared to the traditional manufacturing processes. As a result, the technology is expected to expand exponentially in the coming years in the construction sector.
The complete report is available at http://www.credenceresearch.com/report/3d-concrete-printing-market
The overall 3D concrete printing market is still in its nascent stage and hence fragmented and highly competitive in nature. 3D concrete printing is estimated to be largely used in countries having high labor costs as well as shortage. Thus, companies are currently focusing on reducing the overall price of 3D concrete printers. Another major strategy adopted by the market players is partnership with other players operating in the 3D concrete printing industry. Majority of the partnerships in the market intended towards further research for better and innovative solutions within the 3D concrete printing industry.
- 3D printing for constructing complete architectural structure
- Research for development of innovative solutions for 3D concrete printing
- Partnership with other firms such as R&D centers and construction companies for further expansion in the sector
- Focus on residential construction sector
- Tests for extraterrestrial printed structures using 3D concrete printers
3D Printing in Healthcare Market By Technology (PolyJet, Stereolithography, FDM, EBM, SLS & Other), Application (Custom Dentistry, Titanium Implants, Presurgery Models, Drug Manufacturing, Biocompatible Products & Other) – Growth, Share, Opportunities & Competitive Analysis, 2016 – 2023
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Web: Credence Research
Company Name: Credence Research
Contact Person: Chris Smith, Global Sales Manager
Email: Send Email
Address:105 N 1st ST #429
City: SAN JOSE
Country: United States