3D Printing Market In Construction Industry - Future Scope
IndustryARC has published a new market research report on the 3D printing in the construction market. The report highlights the increasingly growing usage of 3D printing in the manufacturing of small components for the construction industry. According to this report, growing demand for safe and precise construction in accordance with environment conservation standards will drive the market growth. In 2018, the global 3D printing market in the construction market earned a revenue of $175 million and expected to grow at a CAGR of 14.89% during the forecast period 2019-2025.
The report is titled ‘
Printing In Construction Market: By Printing Material (Concrete, Plastics,
Metals, Others); By End-use (Commercial, Residential, Industrial & Space);
By Printing Technology (Fused Deposition Modeling (FDM), Stereolithography
(SLA) and Digital Light Processing (DLP), Selective Laser Sintering (SLS),
Selective laser melting (SLM), Others); By Application (Concept Models, Visual
Arts, Tooling, Functional Models); By Construction Type (Buildings, Bridges,
Walls, Domes, Beams, Girders, Viaducts, Sound barriers, Abutments, Balconies,
Others); By Geography - Forecast (2019-2025).’ This report contains important
information about several aspects of the market including growth drivers,
market opportunities, and disruptive trends.
‘The current business environment has become highly competitive as the leading industries are challenged by the demand for quality, safety, productivity and environmental protection. 3D printing in construction allow fast and accurate construction of complex and customized items with low labor costs and less waste production,’ says the analyst of 3D printing in construction market report. Further analysis by the same include analytical study of many key market players such as Zhuoda Group, WinSun Company, Cazza Construction Company, Belatchew Arkitekter, Apis Cor, Tecnalia, Contour Crafting Corp., BetAbram, Acciona S.A, and Skanska S.A.
Severe housing crisis faced by an increasing number of citizens and expanding urbanization will majorly impact the growth of 3D printing in construction market. Since the labor cost is increasing, construction companies are gravitating towards the usage of 3D printing in construction as it helps in lowering the manufacturing cost. The usage has expanded to the point that these printers are being used for manufacturing of entire 3D printed buildings as a quick solution to world’s ongoing housing crisis. With APACregion housing some of the world’s most densely populated regions including India, China, and the Middle-East, it became the geographical leader of the market with a regional share of 34% in 2018.
3D printing in construction is being disrupted by several new applications such as space companies including NASA and SpaceX considering their usage for constructing buildings on extraterrestrial bodies. Various extraterrestrial printed structures on Mars and the Moon have been virtually implemented using this technique. However, key application segment of the 3D printing in construction market remains to be residential which is set to rise with a CAGR of 12.56% through 2025.
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can you expect from the report?
The 3D printing in construction market report is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market Landscape Analysis
9. Mergers & Acquisitions Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
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