3D Printing Construction Market

3D Printing Construction Market Size, Share, Trends, Growth, and Industry Analysis, By Construction Method (Powder Bonding, Extrusion, Others) By Material Type (Metal, Composite, Concrete, Others) By End-User (Infrastructure, Building), Regional Insights and Forecast to 2031

Manufacturing & Construction | August 2022 | Report ID: EMR0048 | Pages: 215

The global 3D printing construction market size was reached at USD 3.42 billion in 2022 and it is projected to hit around USD 515.49 billion by 2031, poised to grow at a CAGR of 64.25% from 2023 to 2031.

 

The 3D printing construction market is a new and rapidly growing sector of the construction industry that includes the use of 3D printing technology to build structures. With the help of a printer, this technology deposits materials one at a time to build three-dimensional objects or structures. The market's growth can be attributed to a significant global increase in green construction projects as well as increased awareness of 3D printing technologies in construction companies. This technology is being adopted by the construction industry for several reasons, including less waste, faster construction, lower overall costs, fewer accidents on the job site, and the ability to build unique architectural shapes. The financial support obtained by 3D printing construction companies from their respective governments for advancing space-based construction techniques is expected to open up new market expansion opportunities in the coming years.

Furthermore, market growth is expected to be driven by expanding construction companies in emerging nations, an overall focus on eco-friendly techniques, and the demand for affordable housing solutions over the forecast period. Governments of various nations and regional authorities and organizations promote innovation in leading industries through programmers such as the Innovation Expo, Innovation Attaché Network, National Icons Competition, National Science Agenda, and innovative industrialization.

These initiatives hope to strengthen specific sectors by utilizing cutting-edge technologies such as nanotechnology, additive manufacturing, and robots. Furthermore, several governments are encouraging innovation by improving public infrastructure and the legal framework, which may lead to an increase in implementation.

Furthermore, factors such as machine limitations, material restrictions, and concerns about intellectual property rights are expected to limit market growth. Another significant issue limiting the market's potential for expansion is a skilled labour shortage.

3D Printing Construction Market REPORT SCOPE & SEGMENTATION

Report Attribute

Details

Estimated Market Value (2022)

3.42 Bn

Projected Market Value (2031)

515.49 Bn

Base Year

2022

Forecast Years

2023 - 2031

Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- By Construction Method, By Material Type, By End-User & By Region

Segments Covered

By Construction Method, By Material Type, By End-User & By Region

Forecast Units

Value (USD Billion), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2023 to 2031

Regions Covered

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

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others

Report Coverage

Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Delivery Format

Delivered as an attached PDF and Excel through email, according to the purchase option.

 

Segments Analysis:

Construction Type Analysis

Based on construction methods, the global market has been divided into powder bonding, extrusion, and other categories. In 2022, the extrusion method had the highest revenue share of more than 63%, dominating the market. The segment is expected to grow at the fastest CAGR and maintain its lead for the foreseeable future. Extrusion 3D printing, also known as fused deposition modelling, is one of the additive manufacturing processes used for modelling, prototyping, and production applications. The extrusion-based technique is commonly used in on-site construction.

It allows the use of traditional building materials such as concrete, clay, geopolymer, cement, and plaster. The powder bonding segment is also expected to grow significantly over the forecast period. Construction firms are increasingly using powder bonding 3D printing technology to create complex formworks, which is fueling the segment's growth.

This technique is highly sought after because it allows for the production of complex formwork in a more timely, simple, and accurate manner. This method also takes less time and labour to complete than traditional techniques for creating formworks.

 

Material Type Analysis

The concrete material type segment, which dominated the market, accounted for more than 34% of market revenue in 2022. 3D concrete printing is becoming a more popular alternative to traditional concrete construction due to its ability to reduce cost, time, and labour while increasing productivity. Because conventional concrete formwork requires highly skilled workers, the process can account for up to 60% of the total cost of the building. However, using 3D-printed concrete formworks, it is possible to produce organic geometry and double-curved surfaces, among other things, at a fraction of the cost.

Because of these benefits, construction companies are focusing on developing 3D-printed concrete formwork. The metal segment is also expected to grow significantly during the forecast period. 3D printing metal allows for the creation of internal stiffening, openings, functionally graded elements, and non-prismatic sections, among other things, through carefully controlled heating and cooling. The primary application for metal 3D printing in the construction industry is the design of facade nodes and other connections. Metal 3D printing is also being used to construct bridges.

 

End-User Analysis

In 2022, the building segment will account for 73% of global revenue. The building segment includes construction in the residential, commercial, and industrial sectors. Numerous construction companies are forming partnerships with 3D printer suppliers to build homes using 3D printing technology.

The infrastructure segment is expected to grow at the fastest rate during the forecast period. The expanding use of 3D printing technology to build infrastructures such as furniture and bridges using materials such as plastic, metals, and composites is driving the growth of this market. The segment's expansion is expected to be fueled by numerous initiatives launched by key global companies to build 3D-printed bridges.

 

Regional Analysis

The construction 3D printing market is still in its early stages, with regional differences in adoption.

Geographically, the market is divided into Europe, North America, Latin America, Asia-Pacific, and the Middle East and Africa. In 2022, Asia-Pacific is expected to have a market share of more than 41%. The region's significant market share can be attributed to increased new construction and rising infrastructure spending.

The technology is expected to grow significantly over the forecast period as the area establishes itself as a central hub for manufacturing. Popular countries such as Japan and China have the potential to provide numerous opportunities for cutting-edge and established technologies, such as 3D printing in construction.

 

Key Market Players:

  • Yingchuang Building Technique (Shanghai) Co.Ltd.(Winsun)
  • MX3D
  • COBOD International A/S
  • ICON Technology, Inc.
  • Sika AG
  • XtreeE
  • WASP S.r.I
  • Apis Cor
  • CyBe Construction
  • Contour Crafting Corp.

 

Key Benefits of the Report

  • This study presents an analytical depiction of the 3D Printing Construction industry along with current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to market key drivers, restraints, and opportunities, along with detailed analysis of the 3D Printing Construction Market share.
  • The current market is quantitatively analyzed to highlight the 3D Printing Construction Market's growth scenario.
  • Porter's five forces research demonstrates the market power of suppliers and buyers.
  • The report provides a detailed 3D Printing Construction market analysis based on competitive intensity and how the competition will take shape in the coming years.

3D Printing Construction Market Report Segmentation

ATTRIBUTE

DETAILS

By Construction Method

  • Powder Bonding
  • Extrusion
  • Others

By Material Type

  • Metal
  • Composite
  • Concrete
  • Others

By End-User

  • Infrastructure
  • Building

By Geography

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)

Customization Scope

  • Available upon request

Pricing

  • Available upon request

 

Research Methodology

Our research methodology has always been the key differentiating reason which sets us apart in comparison from the competing organizations in the industry. Our organization believes in consistency along with quality and establishing a new level with every new report we generate; our methods are acclaimed and the data/information inside the report is coveted. Our research methodology involves a combination of primary and secondary research methods. Data procurement is one of the most extensive stages in our research process. Our organization helps in assisting the clients to find the opportunities by examining the market across the globe coupled with providing economic statistics for each and every region.  The reports generated and published are based on primary & secondary research. In secondary research, we gather data for global Market through white papers, case studies, blogs, reference customers, news, articles, press releases, white papers, and research studies. We also have our paid data applications which includes hoovers, Bloomberg business week, Avention, and others.

Data Collection

Data collection is the process of gathering, measuring, and analyzing accurate and relevant data from a variety of sources to analyze market and forecast trends. Raw market data is obtained on a broad front. Data is continuously extracted and filtered to ensure only validated and authenticated sources are considered. Data is mined from a varied host of sources including secondary and primary sources.

Primary Research

After the secondary research process, we initiate the primary research phase in which we interact with companies operating within the market space. We interact with related industries to understand the factors that can drive or hamper a market. Exhaustive primary interviews are conducted. Various sources from both the supply and demand sides are interviewed to obtain qualitative and quantitative information for a report which includes suppliers, product providers, domain experts, CEOs, vice presidents, marketing & sales directors, Type & innovation directors, and related key executives from various key companies to ensure a holistic and unbiased picture of the market. 

Secondary Research

A secondary research process is conducted to identify and collect information useful for the extensive, technical, market-oriented, and comprehensive study of the market. Secondary sources include published market studies, competitive information, white papers, analyst reports, government agencies, industry and trade associations, media sources, chambers of commerce, newsletters, trade publications, magazines, Bloomberg BusinessWeek, Factiva, D&B, annual reports, company house documents, investor presentations, articles, journals, blogs, and SEC filings of companies, newspapers, and so on. We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

Top-Down Approach & Bottom-Up Approach

In the top – down approach, the Global Batteries for Solar Energy Storage Market was further divided into various segments on the basis of the percentage share of each segment. This approach helped in arriving at the market size of each segment globally. The segments market size was further broken down in the regional market size of each segment and sub-segments. The sub-segments were further broken down to country level market. The market size arrived using this approach was then crosschecked with the market size arrived by using bottom-up approach.

In the bottom-up approach, we arrived at the country market size by identifying the revenues and market shares of the key market players. The country market sizes then were added up to arrive at regional market size of the decorated apparel, which eventually added up to arrive at global market size.

This is one of the most reliable methods as the information is directly obtained from the key players in the market and is based on the primary interviews from the key opinion leaders associated with the firms considered in the research. Furthermore, the data obtained from the company sources and the primary respondents was validated through secondary sources including government publications and Bloomberg.

Market Analysis & size Estimation

Post the data mining stage, we gather our findings and analyze them, filtering out relevant insights. These are evaluated across research teams and industry experts. All this data is collected and evaluated by our analysts. The key players in the industry or markets are identified through extensive primary and secondary research. All percentage share splits, and breakdowns have been determined using secondary sources and verified through primary sources. The market size, in terms of value and volume, is determined through primary and secondary research processes, and forecasting models including the time series model, econometric model, judgmental forecasting model, the Delphi method, among Flywheel Energy Storage. Gathered information for market analysis, competitive landscape, growth trends, product development, and pricing trends is fed into the model and analyzed simultaneously.

Quality Checking & Final Review

The analysis done by the research team is further reviewed to check for the accuracy of the data provided to ensure the clients’ requirements. This approach provides essential checks and balances which facilitate the production of quality data. This Type of revision was done in two phases for the authenticity of the data and negligible errors in the report. After quality checking, the report is reviewed to look after the presentation, Type and to recheck if all the requirements of the clients were addressed.

Frequently Asked Questions

Global 3D Printing Construction forecast period is 2024 - 2032.
According to global 3D Printing Construction research, the market is expected to grow at a CAGR of 64.25% over the next eight years.
The possible segments in global 3D Printing Construction are based on By Construction Method, By Material Type, By End-User & by region.
The expected market size for Global 3D Printing Construction is USD USD 515.49 billion by 2031.
The major players in the market are Yingchuang Building Technique (Shanghai) Co.Ltd.(Winsun), MX3D, COBOD International A/S, ICON Technology, Inc., Sika AG, XtreeE, WASP S.r.I, Apis Cor, CyBe Construction, Contour Crafting Corp.
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