Global Concrete 3D Printing Market (2020 to 2027) – By Print Type, Technique, and End-Use Industry – ResearchAndMarkets.com


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DUBLIN – (COMMERCIAL THREAD) – The report “3D Concrete Printing Market by Printing Type, Technique and End-Use Sector: Global Opportunity Analysis and Industry Forecast, 2020-2027” has been added to ResearchAndMarkets.com offer.

The global 3D concrete printing market was valued at $ 310.9 million in 2019 and is expected to reach $ 40,652.4 million by 2027, registering a CAGR of 106.5% from 2020 to 2027.

The process of 3D printing concrete involves the construction of building structures and other infrastructure using concrete and spray machines. Walls, roofs and pillars can be printed using 3D printers. In addition, preprogrammed software drives the robot or a 3D printer. The trajectory of its movement is programmed in software such as AutoCAD and SolidWorks. He then decides and drives the printer to print the desired object. This technology has fewer errors compared to traditional manual methods. Moreover, by using this technology, complex designs can be produced easily and at a faster pace.

The growth of the global concrete 3D printing market is mainly due to the cost savings on skilled labor. Skilled labor charges a huge amount for custom and complex construction. The amount spent on the salaries of these skilled workers can be saved by using 3D concrete printers. Besides, reduction of waste generation and cost feasibility for mass production are other factors increasing the growth of the market. However, the high investment cost and limitation of print size are major drawbacks of 3D printing technology. On the contrary, rapid urbanization is expected to fuel the growth of the market during the forecast period. In addition, the challenges facing 3D technology are material development, strength and durability, poor surface finish, and technical expertise to operate and maintain the software and hardware for this service. However, research and development is carried out by the companies that deal with 3D concrete printing service to overcome these challenges. Strategies such as business expansion, product launch, and partnerships are adopted by major market players to drive the market growth. For example, in January 2019, Cobod implemented a 3D Printhuset to manage sales of its new printer, BOD2 in the UAE market.

The global 3D concrete printing market is segmented into printing type, technique, end-use industry, and region. Based on material type, the market is divided into gantry system and robotic arm. According to the technique, it is classified into extrusion-based and powder-based. By end-use sector, it is divided into residential, commercial and infrastructure. Regionally, the market is analyzed North America, Europe, Asia-Pacific, and LAMEA.

With regard to regions, the analysis of 3D Concrete Printing market is conducted in North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Italy and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea and the rest of Asia-Pacific) and LAMEA (Latin America, Middle East and Africa). In 2019, North America has been the major contributor to the 3D concrete printing market share and is expected to secure a leading position during the forecast period, owing to the increase in projects. 3D printing and environmental awareness.

Main benefits for stakeholders

  • The report provides in-depth analysis of current and emerging trends and dynamics in the 3D concrete printing market.

  • An in-depth analysis of the 3D concrete printing market is carried out by estimates for the key segments between 2020 and 2027.

  • Thorough market analysis is carried out by tracking the positioning of key products and monitoring the major competitors within the framework of the market.

  • A comprehensive analysis of four major regions is provided to determine existing opportunities.

  • Analysis of the market forecast from 2020 to 2027 is included in the report.

  • Leading market players operating in the market are presented in this report and their strategies are thoroughly analyzed which helps in understanding the competitive outlook of the industry.

Market dynamics

Conductors

  • High cost of skilled labor in developed countries

  • Growing focus on reducing waste generation

  • Mass customization in enhanced architecture

Constraints

  • High investment cost

  • Limited printer size

Opportunities

Challenges

  • Development of suitable material

  • Poor surface condition

  • Technical expertise

Key players

  • Apis Cor

  • Cobod International A / S

  • CyBe Construction

  • D shape

  • Heidelbergcement AG (Italcementi SpA)

  • LafargeHolcim

  • Sika SA

  • Skanska

  • Yingchuang Construction Technology (Shanghai) Co., Ltd. (Winsun)

  • XtreeE

For more information on this report, visit https://www.researchandmarkets.com/r/v8kvra

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