Global 3D Printing Construction Market Opportunities and Forecast 2023-2030

3D Printing Construction Market Overview

The 3D printing construction market is experiencing significant growth owing to the increasing adoption of building information modeling. Building information modeling provides a collaborative platform and shared knowledge resource for architecture, engineering, construction professionals, and other stakeholders for effective execution of planning, design, operational, management, and construction decisions.

Additionally, factors such as growth in the development of commercial buildings in the emerging economies, the rising need for affordable housing solutions, and the adoption of environmental regulations to reduce carbon emissions further fuel the growth of the 3D printed construction market.

On the other hand, the high cost of 3d printing and lack of standard process controls for 3d printed composite material is likely to hamper the global 3D Printing Construction market during the forecast period.

Covid-19 Impact on 3D Printing Construction Market:

The intensity of COVID-19 impact on the construction and manufacturing sector is immense compared to other sectors. With the immediate actions taken to curb the spread of the infection, restrictions were imposed on manufacturing, personnel transport, and construction activities. These restrictions caused huge losses to the sector. As most construction sites in many countries shut down and many sites that reopened have faced disrupted supply chains and operational restrictions. A recently published stats show the overall construction and manufacturing industry is about to drop by 15 to 35% which is going to directly affect nations GDP.

3D Printing Construction Market Segment Overview

Based on construction type, the market is segmented into modular, and full building. The full building construction segment is expected to dominate the global market in 2020 and the segment is also projected to grow at the highest CAGR during the forecast period. The demand for full building development has increased over the years owing to its accuracy in complex and accurate structures being printed.

Based on material type, the global 3D printing construction market is segmented into concrete, metal, composite, plastic, and others. Concrete material type dominated the overall 3D printing construction market in 2019. The use of concrete material in the 3D printing construction market offers various advantages such as cost-effectiveness, design flexibility, environmental resistance, extrudability, buildability, flowability, compressive strength, and open time. The concrete material is used while extruding in the 3D printing construction process.

Based on the construction method, the market is segmented into extrusion and powder bonding. The extrusion construction method dominated the overall 3D printing construction market in 2019. An extrusion construction method is used in the construction industry and possesses the capability to produce large-scale building components with complex geometrical structures.

Based on end-use, the global 3D printing construction market is segmented into building and infrastructure. In 2019, the building segment accounted for the highest market share. The rising demand for commercial buildings from developing regions, the growing need to reduce construction costs, and increasing awareness regarding environmental protection are expected to accelerate the market growth during the forecast period.

Market Analysis, Insights, and Forecast – By Construction Type

·       Modular Construction
·       Full Building Construction

Market Analysis, Insights and Forecast – By Material Type

·       Concrete
·       Metal
·       Composite
·       Plastic
·       Others

Market Analysis, Insights, and Forecast – By Construction Method

·       Extrusion
·       Powder Bonding

Market Analysis, Insights, and Forecast – By End User

·       Building
·       Infrastructure

3D Printing Construction Market Regional Overview

The regional analysis includes the adoption of 3D Printing Construction products across North America, Europe, Asia-Pacific (APAC), Latin America Middle East & Africa (MEA).  APAC is the largest and fastest-growing 3D printing construction market. The building and infrastructure sectors are the major consumers of 3D printing construction in the region. The presence of a large number of manufacturers makes the region the most important market for 3D printing construction. The growth is also attributed to the high demand for 3D printing construction in the building, and infrastructure end-use sectors.

3D Printing Construction Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)

3D Printing Construction Market Competitor overview

Some key developments and strategies adopted by manufacturers in 3D Printing Construction are highlighted below.

·       In February 2019, Total Kustom company introduces LAByrinth concrete 3D printer. It is used to build houses on the spot. Thus, this launch will enhance the product portfolio of the company. 

3D Printing Construction Market, Key Players

·       Yingchuang Building Technique
·       XtreeE
·       Apis Cor
·       Monolite UK
·       CyBe Construction
·       Sika
·       MX3D
·       Contour Crafting
·       ICON
·       Total Kustom