Global 3D Printing Construction Market by End User (Infrastructure, Building), by Construction Method (Powder Bonding, Extrusion) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global 3D printing construction market was valued at USD 7,081.7 million in 2020. It is expected to grow at a compound annual rate (CAGR of 91.5%) between 2021 and 2028. Market growth is being driven by the increasing use of HTML3D printing in construction. The increasing use of 3D printing in the construction industry is driving market growth. 3D printing technology allows for greater accuracy, increased efficiency, lower labor costs, and faster construction. Market growth is being driven by the increasing use of 3D printers in the construction industry for prototyping and designing.

Market growth is being driven by the increasing adoption of green construction projects. To reduce construction costs and create energy-efficient buildings, more building construction companies are turning to 3D printing and other green construction methods. Green construction is the use of sustainable building materials and construction methods to build buildings that have a minimal environmental impact. The World Green Building Trends Survey 2018 found that 47% of surveyed companies planned to build around 60% of their construction projects with green technology by 2021.

Market growth is expected to be attributed to the growing adoption of Building Information Modeling (BIM). BIM is a collaborative platform and knowledge resource for architects, engineers, and construction professionals. It allows for efficient execution of various construction decisions, including planning, designing, and managing them. The market will continue to grow due to the increasing construction industry in emerging countries, increased emphasis on eco-friendly building practices, and the demand for affordable housing solutions.

Through initiatives like National Icons Competition and Innovation Expo, National Science Agenda and Innovation Attache Network, governments from different countries, regional authorities, and organizations, they encourage innovation in the top sectors. These initiatives promote the use of cutting-edge technologies like 3D printing, robots, and nanotechnology. In addition, the government encourages innovation by promoting legislation and development of public infrastructure, which could facilitate 3D printing adoption. The market is experiencing a boom because of the increasing government support for 3D printing.

The market will be constrained by the high capital investments required for 3D printing construction. Materials used in 3D printing are more expensive than traditional methods of construction. Market growth is also impeded by factors like material limitations, limitations to the machinery and concerns about intellectual property rights. Market growth prospects are also affected by a lack of skilled labor.

Analysis of COVID-19's Impact

Market growth will be affected by the COVID-19 pandemic. Many construction projects around the globe are currently stalled due to the disruption in the supply of raw materials. Global market players saw their revenues plummet in 2020. The severity of the counter-pandemic measures that market players take will determine the extent of the drop.

Construction Method Insights

Extrusion dominated the market, accounting for over 61.0% of global revenue in 2020. Fused Deposition Modeling (also known as extrusion 3D printing) is an additive manufacturing technique that is used for prototyping and modeling. This method is primarily used for construction on-site. This allows for the use of traditional construction materials like concrete, cement, clay, plaster, and geopolymer.

Over the forecast period, powder bonding is expected to experience significant growth. In recent times, powder bonding 3D printing technology has been used in construction to create complex formworks. This method is highly sought after because it can produce complex forms faster, easier, and more accurately than traditional methods. This method is also less labor-intensive than traditional methods of making formworks and takes less time.

Material Type Insights

Concrete dominated the market, accounting for over 32.0% of global revenue in 2020. Because of its ability to lower cost, labor and improve productivity, 3D concrete printing has been increasingly used to replace conventional concrete construction. AM and BigRep found that conventional concrete formwork is expensive. This can lead to a cost of up to 60% of the total building budget. It is possible to create organic geometry and double-curved surfaces with 3D printed concrete forms. However, the cost of these forms can be halved. These benefits are why 3D printed concrete forms have become a popular choice for builders.

Over the forecast period, metal will experience significant growth. Metal 3D printing allows for the creation of internal stiffening, open sections, non-prismatic sections and functionally graded components, all through controlled heating or cooling. The main purpose of metal 3D printing is to design facade nodes and other connections. For the construction of bridges, metal 3D printing can also be used. MX3D, an Amsterdam-based software company, created a 3D-printed steel bridge in 2018. It is scheduled to be installed in the canal in the near future. The bridge is currently in testing. It passed the 20-ton testing phase in 2019.

End-user insights

The 3D printing market for construction was dominated by the building segment, which accounted more than 73.0% of global revenue in 2020. This segment includes residential, commercial, and industrial construction. For the purpose of 3D printing technology, many construction companies have entered into partnerships with 3D printer suppliers. 3Strands, Kansa City's developer, announced in March 2021 its partnership with ICON. ICON is a construction technology company. The partnership allowed the former company to use the 3D printing technology from ICON to build two- and four-bedroom homes in Texas. Texas is one of the fastest growing cities in the U.S.

Over the forecast period, the fastest growing segment will be the infrastructure. This segment is experiencing rapid growth due to the increasing use of 3D printing technology for building furniture, bridges, or infrastructures made from metals, plastics, and composite materials. The segment will grow due to a variety of initiatives taken by companies to build 3D printed bridges around the globe. In the Netherlands, Weber Beamix, BAM and other construction companies began to build a 3D printed concrete bridge that pedestrians could use in April 2021. The concrete structure will measure 29.5m long. Weber Beamix also plans to build four additional 3D-printed bridges in the Netherlands.

Regional Insights

Asia Pacific dominated the market in 3D printing construction, accounting for over 38.0% of global revenue in 2020. The lucrative opportunities available in the region's construction industry can explain the large market share and growth. The technology is expected to gain substantial traction as the region establishes itself as a global manufacturing center. China and Japan are two countries that have the potential to provide huge opportunities for matured and emerging technologies like 3D printing construction. Regional economic growth is aided by the presence of many manufacturing industries.

Europe is forecast to experience steady growth during the forecast period. 3D printing companies in European countries like the U.K. are investing more in 3D printing for their constructions, which is driving regional market growth. Skanska, a building engineering company, announced in May 2020 its collaboration with Loughborough University of U.K. The collaboration was intended to increase the use of 3D printer technology in the country’s construction industry.

Market Share Insights & Key Companies

3D printing construction is a growing industry. The major players are expanding their reach across diverse geographies. They also enter new markets in emerging countries to increase their customer base. To meet the increasing demand, companies are developing innovative products. Yingchuang Building Technique, for instance, completed a 3D-printed bus stop in Jinshan Garden in China in December 2017. This bus stop was constructed using recycled material.

To strengthen their market positions and offer more, vendors are entering into partnerships. In November 2020, CyBe Construction announced a partnership with QOROX (a New Zealand construction company) to 3D-print concrete elements in Hamilton, North Island. This partnership made complex construction more sustainable and enabled the company to provide unique 3D concrete-printed park benches. These are some of the most prominent players in the global 3D printing market:

• COBOD International A/S

• Yingchuang Building Technique (Shanghai) Co.Ltd. (Winsun)

• XtreeE

• Apis Cor

• WASP S.r.I

• CyBe Construction

• Sika AG

• MX3D

• Contour Crafting Corporation

• ICON Technology, Inc.

• Constructions -3D

Up Market Research published a new report titled “3D Printing Construction Market research report which is segmented by End User (Infrastructure, Building), by Construction Method (Powder Bonding, Extrusion), By Players/Companies MX3D, COBOD International A/S, Apis Cor, Yingchuang Building Technique (Shanghai) CoLtd(Winsun), Sika AG, CyBe Construction, WASP SrI, Contour Crafting Corporation, ICON Technology Inc, Constructions -3D, XtreeE”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global 3D Printing Construction Market Report Segments:

The market is segmented by End User (Infrastructure, Building), by Construction Method (Powder Bonding, Extrusion).

3D Printing Construction Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the 3D Printing Construction Market

Overview of the regional outlook of the 3D Printing Construction Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The 3D Printing Construction Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of 3D Printing Construction Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Infrastructure

                2. Building

                1. Powder Bonding

                2. Extrusion

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the 3D Printing Construction Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the 3D Printing Construction Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.