Vancouver, Dec. 07, 2023 (GLOBE NEWSWIRE) -- The global Three Dimensional (3D) printing construction market size was USD 2.40 Billion in 2022 and is expected to register a steady revenue CAGR of 86.8% during the forecast period, according to latest analysis by Emergen Research. Rising demand for 3D printing construction owing to speed and efficiency is primary key factor driving market revenue growth. 3D printing is a cutting-edge manufacturing method, in which a computer-aided design and drafting or Building Information Modelling (BIM) program informs the 3D printer what it needs, and the printer deposits materials layer by layer to construct a real-life 3D product. Construction organizations achieve a high level of accuracy in producing concrete structures using 3D printing.
In addition, rising strategic initiatives taken by major companies is another key factor driving revenue growth of the market. For instance, on 20 January 2022, Simpliforge Creations, a developer of additive manufacturing solutions, announced the world's first robotic construction 3D printer. This printer can print everything from landscaping components, furniture, monuments, and wall façades to full-scale civil buildings.
Simpliforge's patented construction material 'SIMPLICRETE' is also capable of working with environment-friendly materials such as geopolymers and clay. However, many construction 3D printers are limited to specific materials, such as concrete or cementitious mixtures, which restricts the range of materials that can be used in construction. This may not be suitable for all building applications, which could restrain market revenue growth.
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Scope of Research
| Report Details | Outcome |
| Market Size in 2022 | USD 2.40 Billion |
| Volume Units in 2022 | XX Units |
| CAGR (2023–2032) | 86.8% |
| Revenue Forecast To 2032 | USD 1242.42 Billion |
| Base Year For Estimation | 2022 |
| Historical Data | 2019-2021 |
| Forecast Period | 2023–2032 |
| Quantitative Units | Revenue in USD Billion and CAGR in % from 2022 to 2032 |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments Covered | Technology type, construction material, construction type, printing scale, end-use, and region |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Country Scope | U.S., Canada, Mexico, Germany, France, UK, Italy, Spain, Benelux, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, South Africa, Turkey, and Rest of Middle East & Africa |
| Key Companies Profiled | Freepik Company S.L, Apis Cor Inc., COBOD, CyBe Construction, Contour Crafting Corporation, Sika AG, 3D Printing Industry, Yingchuang Building Technique Co., Ltd., Aniwaa Pte. Ltd., PERI SE, 3DR HOLDINGS, XtreeE, SQ4D LLC, Construction Robotics, Bemore3D, TECLA, Emerging Objects, Constructions-3D, MX3D, and Branch Technology |
| Customization Scope | 10 hours of free customization and expert consultation |
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Major Companies and Competitive Landscape
The global 3D printing construction market is fairly fragmented, with many large and medium-sized players accounting for majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective 3D printing construction solutions.
Some major players included in the global 3D printing construction market report are:
- Freepik Company S.L.
- Apis Cor Inc.
- COBOD
- CyBe Construction
- Contour Crafting Corporation
- Sika AG
- 3D Printing Industry
- Yingchuang Building Technique Co., Ltd.
- Aniwaa Pte. Ltd.
- PERI SE
- 3DR HOLDINGS
- XtreeE
- SQ4D LLC.
- Construction Robotics
- Bemore3D
- TECLA
- Emerging Objects
- Constructions-3D
- MX3D
- Branch Technology
Strategic Development
- On 25 September 2023, AC3D, a construction 3D printing firm based in the U.S., announced the commencement of operations in the United Arab Emirates (UAE). AC3D said it is setting the stage for a greener future of building by focusing on low-rise homes, commercial real estate, and infrastructure, vowing to make it up to 1.5 times more cost-effective and labor-intensive. The company's goal is to accelerate construction processes by up to four times while utilizing sustainable 3D printing materials.
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Some Key Highlights from the Report
- The contour crafting segment accounted for largest revenue share in the global 3D printing construction market in 2022. This is because contour crafting uses large-scale 3D printers to create entire buildings or building components layer by layer. One of the primary advantage of contour crafting is its speed and efficiency , die to which these are used for a wide range of construction projects from small houses to large-scale infrastructure.
- The residential buildings segment is expected to register steadily fast revenue growth rate in the global 3D printing construction market during the forecast period. This is attributed to rising demand for 3D printing in residential building since the usage of 3D printer technology significantly cut the time spent on a project. For complex geometries, a 3D construction printer can precisely deposit small amounts of concrete where needed, as a result expanding an architect's design options. In addition, rising demand for environment-friendly and sustainable housing solutions is another factor driving revenue growth of this segment.
- On 8 November 2022, Bakrie partnered with COBOD for 3D construction printing in Indonesia. This agreement was to establish a relationship between Modula and COBOD to focus on increasing business in the construction industry with Three Dimensional Concrete Printing (3DCP) technology in Indonesia.
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Emergen Research has segmented the global 3D printing construction market on the basis of technology type, construction material, construction type, printing scale, end-use, and region:
- Technology Type Outlook (Revenue, USD Billion; 2019-2032)
- Contour Crafting
- Robotic Arm Printing
- Binder Jetting
- Material Extrusion
- Construction Material Outlook (Revenue, USD Billion; 2019-2032)
- Concrete
- Cementitious Materials
- Plastics
- Composites
- Metal
- Construction Type Outlook (Revenue, USD Billion; 2019-2032)
- Residential Buildings
- Commercial Buildings
- Industrial Buildings
- Infrastructure
- Bridges
- Roads
- Tunnels
- Others
- Printing Scale Outlook (Revenue, USD Billion; 2019-2032)
- Small-Scale Printing
- Medium-Scale Printing
- Large-Scale Printing
- End-Use Outlook (Revenue, USD Billion; 2019-2032)
- Construction Companies
- Architectural Firms
- Real Estate Developers
- Government and Public Projects
- Others
- Regional Outlook (Revenue, USD Billion; 2019-2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East & Africa
- North America
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