What is 3D Printing in Construction Market?
3D Printing in Construction is used for manufacturing construction elements or entire buildings by means of a 3D printer printing concrete, metal, polymer, or other materials, layer-by-layer. It is used to create construction components or to print entire buildings. 3D Printing in Construction allows faster and more precise construction of buildings or bespoke items. The most common type of printer is based on a robotic arm that moves back and forth while extruding concrete. Further, the recent emergence of building information modeling in particular may facilitate greater use of 3D printing.
Highlights from 3D Printing in Construction Market Study
|Unit||Value (USD Million)|
|Key Companies Profiled||COBOD International A/S (Denmark), Yingchuang Building Technique (Shanghai) Co.Ltd. (Winsun), XtreeE (France), SQ4D (New York), Apis Cor (United States), WASP S.r.I (Italy), CyBe Construction (Netherlands), Sika AG (Switzerland), MX3D (Netherlands), Contour Crafting Corp. (California), Alquist 3D (United States), ICON Technology, Inc. (United States) and Constructions-3D (Florida)|
3D Printing in the Construction market is a fragmented market due to the presence of various players. The players are focusing on developing new technologies in 3D printers to enhance speed construction as well as develop high-quality constructing complex designs. The companies are also involved in the development of innovative products along with strategic activities such as partnerships, mergers, and acquisitions which help to cater to the growing consumer demands. COBOD International A/S (Denmark), Yingchuang Building Technique (Shanghai) Co.Ltd. (Winsun), XtreeE (France), SQ4D (New York), Apis Cor (United States), WASP S.r.I (Italy), CyBe Construction (Netherlands), Sika AG (Switzerland), MX3D (Netherlands), Contour Crafting Corp. (California), Alquist 3D (United States), ICON Technology, Inc. (United States) and Constructions-3D (Florida) are some of the key players profiled in the study.
3D Printing in Construction Market Segmentation:
|Application / End User||Commercial, Residential, Industrial and Others|
|Type||Concrete, Plastics, Polymer, Metals and Others|
|Method||Extrusion,Powder Bonding,Additive Welding|
On the basis of geography, the market of 3D Printing in Construction has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Growing awareness to reduce carbon footprint and utilize waste and recycled building material
Market Growth Drivers:
Growing demand for high-quality constructing complex designs and Rising government initiatives to promote 3D printing
3D printers consume 100 times more electrical energy as compared to conventional methods
Lack of skilled workforce and High costs related to 3D printers
Technological advancements in 3D Printers such as robot arm extruders and Increasing demand for modular components in 3D printing construction
Key Target Audience
3D Printing in Construction Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries
Market Leaders & Development Strategies
In March 2021, LafargeHolcim France acquired a 20% stake in 3D-printed concrete specialist XtreeE. The strategic partnership aimed to combine the companies’ technical expertise to accelerate the development and marketing solutions for the sustainable construction of buildings and infrastructure, thus enhancing the company’s market presence.
In October 2022, Holcim collaborated with COBOD International, the collaboration aimed to advance its innovative range of proprietary ink TectorPrint, tailored for 3D printing. The projects include 3D-printed windmill tower bases with GE, 3D-printed schools in Malawi, and an affordable 3D-printing housing project in Kenya thus will strengthen the customer base.