The global 3D Printing Construction market size is expected to reach USD 14,896.4 million by 2026 according to a new study by Polaris Market Research. The report “3D Printing Construction Market Share, Size, Trends, Industry Analysis Report, By Construction Type (Modular, Full Building); By Process (Extrusion, Powder Bonding, Others); By Material (Concrete, Plastic, Metal, Hybrid, Others); By End-User (Building [Residential, Commercial, Industrial], Infrastructure); By Regions; Segment Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The 3D Printing in Construction market is projected to witness a significant growth over the forecast period. The processing of the components in the 3D printer depends on the input file in a computer-controlled program. Use of software program in these printers significantly reduces human errors involved in conventional processes. Standardization of work is possible with the help of 3D printers, which would ultimately result into reducing the operational costs and reduction in human errors. The ease of using this technology and the reduction in errors drive the growth of the 3D printing market. This technology also offers design flexibility, efficient building of complex structures, and reduced carbon footprint.
In October 2019, Apis Cor and the University of Nantes collaborated to construct a building in Warsan, Dubai, which holds the Guinness record for largest on-site 3D printed building. The building was printed on-site using mineral-infused fluids capable of solidifying into concrete. With increasing investments in the global 3D printed building market, specialist companies, construction firms, and building material manufacturers are collaborating to develop new and advanced building solutions to cater to the growing consumer demand. In 2019, there were 65 active companies who are offering these solutions for architects and engineers in the infrastructure industry, which is a significant increase from 20 active companies in 2013.
Request A Sample Report At: https://www.polarismarketresearch.com/industry-analysis/3d-printing-construction-market/request-for-sample
Apart from 3D printing startups, building and infrastructure giants such as VINCI Construction Grands Projects, and Bouygues Construction among others are collaborating with 3D printing solution providers to tap into the growing market. Education and research centers such as Nantes University, Massachusetts Institute of Technology, and Loughborough University among others who further offer tremendous support for development of these solutions and development process.
The demand for 3D printing for industrial buildings has increased to reduce high costs and time associated with constructing the infrastructure. In 2019, the building segment accounted for the highest market share. To address shortage of affordable housing solutions, companies such as Haus.me and S-Squared are developing low priced, and sustainable 3D printed housing options. These companies have peaked the interest of consumers in 3D printed houses with greater convenience in construction and speed.
On the basis of construction type, the market is segmented into modular, and full building. Modular construction is being used for mass production of objects in factories to be later transported to site. Availability of a wide range of printing materials, reduced transportation cost, decrease in labor costs, and substantiating policies and financial aid provided by government in research and development would support the growth of this segment.
Get Full Research Summary on Global 3D Printing Construction Market Analysis Available At: https://www.polarismarketresearch.com/industry-analysis/3d-printing-construction-market
Asia Pacific emerged as the largest market in 2019 and is expected to maintain its dominance over the forecast period. Various government investments in 3D printing projects, increased expenditure in infrastructure and growing demand for green construction solutions are factors offering growth opportunities in the market.
The 3D Printed Building market is characterized by startups and SMEs entering the global market. Owing to technological advancements, companies are providing comprehensive solutions to customized needs of the clients in order to retain the customers and to gain market share. Broadening of product portfolio is another trend that is visible in the industry. Some of the major market participants include XtreeE, WinSun, Skanska, Apis Cor, Branch Technology, AI build, Zhuoda Group, Cazza construction Company, Contour Crafting Corporation, Monolite UK, Sika, Cybe Construction, Mx3D, Centro Sviluppo Progetti, Icon, and Imprimere Ag.
Request for Discount Pricing With Your Specific Research Needs At: https://www.polarismarketresearch.com/industry-analysis/3d-printing-construction-market/request-for-discount-pricing
Polaris Market research has segmented the 3D Printing Construction market report on the basis of Type, Process, Material, End-User and Region
3D Printing Construction Type Outlook (Revenue, USD Million, 2017 – 2026)
- Full Building
3D Printing Construction Printing Process Outlook (Revenue, USD Million, 2017 – 2026)
- Powder Bonding
3D Printing Construction Printing Material Outlook (Revenue, USD Million, 2017 – 2026)
3D Printing Construction End-User Outlook (Revenue, USD Million, 2017 – 2026)
3D Printing Construction Regional Outlook (Revenue, USD Million, 2017 – 2026)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers.
Company Name: Polaris Market Research and Consulting
Contact Person: Mr.Likhil
Email: Send Email
Address:30 Wall Street 8th Floor
City: New York
State: New York 10005
Country: United States