3D Printing in Construction Market Examines The Potential for Additives Manufacturing in Edifice Industry

Published By: IndustryARC Published On : 19-Jan-2018

The 3D Printing in Construction Market is fast gaining preference over traditional manufacturing methods owing to its efficiency and high precision. Rapid manufacturing of automated technologies, such as 3d printer designs, extrusion, artificial intelligence, and virtual reality, is an important strategy deployed by many construction companies and regulatory bodies to revolutionize industrialization.

The 3D Printing in Construction Market is categorized on the basis of its technology and applications. Presently, the most widely applied technology is the ployjet technology whereas the most popular application in this market is for the electronics & consumer products. 3d printing market challenge is to produce less resistant items and the legal risk associated with 3D printing service might slow down the market progress for the coming years.

The 3D Printing in Construction Market is segmented on the basis of application and technology. 3D printing finds its application in areas like healthcare, electronics & consumer products, construction, automotive, aerospace, and others. The rapid prototyping segment of the market can be further classified into stereo lithography, polyjet, EBM, FDM, and others. The market is chiefly being propelled by the increasing implementation of D3 printing to enhance the manufacturing efficiencies. The concrete technology has also has proven to be able to optimize the construction industry, in terms of construction cost, time, error reduction, flexibility 3d building design, mass customization, and environmental impact.

The 3D Printing in Construction Market in Asia-Pacific is expected grow at the highest CAGR between 2016 and 2021. The growth is attributed various end-user industries, such as healthcare, consumer goods, and aerospace & defense in this region. The 3D printing ceramics industry in this region is mainly concentrated in Southeast Asian region, which is one of the foremost markets in term of industrial application. Australia is the fastest-growing market in the region with low average prices. The cost of raw material is less in Asia-Pacific due to easy availability which promises high growth potential for 3D printing ceramics in the coming years.

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