The 3D concrete printing market in the North America region accounted for the largest market share during the historical forecast period. The concrete 3D printing market in Europe is expected to see strong demand for 3D concrete printing.
According to the latest report, the world Concrete 3D printing market The size in 2019 is $310.9 million and is expected to show a significant CAGR of 106.5% along with the market size of $40,652.4 million during the forecast period 2020-2027.
Concrete 3D printing is a construction technology that 3D prints structures for buildings and other infrastructure using computer-controlled robots. Several printing methods like extrusion method include wax, cement, welding, additive and others which play a vital role in the construction process. AutoCAD or SolidWorks software is used to program the printer path. In the pre-programmed desired path, the concrete from the printer is distributed through a nozzle layer by layer. The type of material composition depends on the different types of concrete used for 3D printing. In addition, ready-mixed and high-density concrete compositions with few changes can be used for 3D printing.
Skilled labor in developed countries is very expensive which propels the growth of the market. 3D printing generates less waste than the manual process. Moreover, by using this technology, the mass production of irregularly shaped objects is easily possible and economical. Growing urbanization in both developed and developing countries is increasing residential construction. The demand for construction activities is increasing day by day which is accelerating the growth of the market over the assessment period. The easy construction process of different complex architectural designs, environment-friendly technology and less waste are the major factors driving the growth of the market. This technique is used in the construction of roofs, floors, pavements, slabs, etc.
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The concrete 3D printing market opportunities are renovation and upgrading of walls, roofs and partition panels in buildings and infrastructure driving the growth of the market.
Market segmentation The concrete 3D printing market is divided into technique, end-use sector and type of concrete.
Technical Segmentation: Based on technique, the concrete 3D printing market is divided into extrusion-based and power-based techniques.
End-Use Industry Segmentation: By end-use, the concrete 3D printing market is divided into Walls, Roofs, Floors, Stairs and Others.
Concrete Type Segmentation: The concrete 3D printing market by concrete type is categorized into four forms such as ready-mixed concrete, precast concrete, shotcrete, and high-density concrete.
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Regional Analysis According to the latest information received, the global concrete 3D printing market based on regions is divided into North America, Europe, Asia Pacific and Rest of the World. Among them, North America dominates the largest market share during the review period owing to growing consumer preference for green buildings and sustained investment in commercial real estate.
The main competitors in the concrete 3D printing market are Winsun (China), XtreeE (France), CyBe Construction (Netherlands), Monolite UK (United Kingdom) and others.
According to a recent study, the concrete 3D printing market forecast is expected to grow at a significant rate owing to the increasing degree of investment in utilizing the best technological angle and the degree that contributes to increase in urbanization and l industrialization to meet residential construction needs. This enhances the growth of the market. One of the famous contractors, CyBe Construction, said he completed 3D printing in the R&D Drone Laboratory in Dubai, which carries out testing, research on drones and 3D printing technologies and is based in Solar Park in Dubai. its research and development center.
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