USD 169.4 million
3D Concrete Printing Market Size, Share, Growth Analysis, By Technique(Extrusion, Powder based), By Offering(Printing services, Materials), By Material(Concrete, Metal), By End-user(Residential, Commercial) - Industry Forecast 2024-2031
Report ID:
SQMIG15A2352 |
Region:
Global |
Published Date: April, 2024
Pages:
184
|
Tables:
118 |
Figures:
67
3D Concrete Printing Market Insights
Global 3D concrete printing market size was valued at USD 169.4 million in 2022 and is poised to grow from USD 342.02 million in 2023 to USD 94436.59 million by 2031, growing at a CAGR of 101.9% in the forecast period (2024-2031).
The integration of 3D printing technology has revolutionized the construction landscape by enabling tailored and distinctive structures, catering to specific project requirements.
Leveraging additive manufacturing principles, 3D printers meticulously craft structures layer by layer, utilizing materials such as concrete, plastic, and metal.
This approach yields highly precise and customizable constructions at an accelerated pace while minimizing material wastage. Widely employed in intricate building projects, 3D printing allows for the creation of complex structures via specialized modeling software.
Its implementation in construction offers enhanced precision, heightened efficiency, reduced labor expenses, and accelerated project timelines.
The burgeoning adoption of 3D printers across the construction sector, spanning prototyping, design conceptualization, and the creation of precise final products, underscores its pivotal role in curbing manufacturing costs, thereby propelling market expansion.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Metal
Growth Rate
101.9% CAGR
Global 3d Concrete Printing Market ($ Bn)
Country Share for North America Region (%)
Global 3d Concrete Printing Market By Material Type (%)
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3D Concrete Printing Market Segmental Analysis
The Global 3D concrete printing market can be categorized into insulation, material, end user, and region. Based on Technique, the market can be categorized into extrusion, powder based, and others. Based on Offering, the market can be categorized into Printing services, Materials. Based on Printing Type, the market can be categorized into Gantry system, Robotic arm. Based on material type, the market can be categorized into concrete, metal, composite, and others. Based on Technique, the market can be categorized into Ready-mix, High-density, Precast, Shotcrete, Others. Based on the end-user, the market can be categorized into Residential, Building, Commercial, Infrastructural. Based on region, the market can be categorized into North America, Europe, Asia Pacific, The Middle East and Africa.
Analysis by End-User
The building segment emerged as the primary driver in the market, commanding a substantial 72.8% share of the global revenue in 2022. This segment encompasses a spectrum of construction domains including commercial, residential, and industrial projects. Notably, there's a growing trend among construction companies to forge partnerships with 3D printer providers to leverage advanced technology for home construction.
The infrastructure segment is projected to witness the most rapid CAGR throughout the forecast period. This growth surge is primarily attributed to the expanding application of 3D printing technology in the construction of infrastructural elements such as furniture and bridges, employing a diverse range of materials including metals, plastics, and composites.
Analysis by Material
The concrete material type emerged as the dominant segment, commanding the largest revenue share in 2022, surpassing other material types in the market. This dominance was primarily driven by the increasing adoption of 3D concrete printing, presenting a compelling alternative to traditional concrete construction methodologies. The allure of this innovative approach lies in its potential to significantly curtail costs, minimize labor requirements, and expedite project timelines, consequently enhancing overall productivity.
The metal segment is anticipated to exhibit noteworthy growth throughout the forecast period. The evolution of metal-based 3D printing technology presents compelling prospects in construction due to its ability to craft intricate structural elements. Leveraging controlled heating and cooling processes, metal 3D printing enables the creation of internal stiffening, non-prismatic sections, openings, and functionally graded elements. In construction applications, this technology finds utility in designing facade nodes and various connections within structures.
Global 3d Concrete Printing Market By Material Type , 2022 (%)
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3D Concrete Printing Market Regional Insights
North America is poised to lead the global 3D concrete printing market. The region has demonstrated notable growth in this innovative field, particularly in overcoming challenges related to finish quality and technical expertise. With ongoing advancements in technology and efforts to address these hurdles, the market is expected to experience rapid expansion.
The Asia Pacific emerged as the dominant force in the 3D concrete printing market, securing a substantial 40.3% share of the global revenue in 2022. This commanding market presence and regional ascendancy owe much to the extensive prospects available within the construction sector across the Asia Pacific. The region's construction industry has witnessed remarkable growth, fueling the adoption of 3D printing technologies in construction applications.
Global 3d Concrete Printing Market By Region, 2024-2031
- Largest
- Fastest
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3D Concrete Printing Market Dynamics
Drivers
High Skilled Labour Cost in Developed Nations and Emphasis on Minimizing Waste Generation
- Employing skilled labor in industrialized nations, notably Europe, tends to be costly, impacting construction expenses. Customized or intricate structures often demand experienced personnel, further escalating project costs due to high labor fees. However, the emergence of 3D concrete printing technology offers a cost-effective solution for intricate construction without compromising quality. This innovative approach facilitates the production of complex structures with precision, minimizing errors while significantly reducing the reliance on manual labor.
Restraints
High Cost of Capital
- Establishing a 3D concrete printing service necessitates a substantial initial investment due to the capital required for setup. The expense primarily stems from software such as AutoCAD and SolidWorks, essential for running 3D printers. Moreover, the absence of readily available conventional concrete suitable for 3D printing poses a significant challenge. Concrete compositions vary across geographical regions and intended applications, complicating the standardization of materials for 3D printing. This disparity in concrete formulations becomes a notable barrier in the 3D concrete printing market, hindering widespread adoption and standardized production processes.
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3D Concrete Printing Market Competitive Landscape
The competitive environment of the global 3D concrete printing market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry.
Top Player’s Company Profiles
- Apis Cor
- Cobod International A/S
- CyBe Construction
- D-shape
- Heidelbergcement AG (Italcementi SpA)
- LafargeHolcim
- Sika AG
- Skanska
- Yingchuang Building Technique (Shanghai) Co., Ltd. (Winsun)
- XtreeE
Recent Developments
- In 2022, Apis Cor and VPG Enterprise announced a strategic partnership aiming to establish 3D-printed housing developments across New Orleans. This collaboration intends to leverage advanced 3D printing technology to efficiently construct homes that can be replicated swiftly and affordably. Scheduled to commence in 2023, this initiative represents a significant step toward introducing innovative construction methods to create sustainable, cost-effective housing solutions in the region.
3D Concrete Printing Key Market Trends
- The anticipated rise in rapid urbanization and the widespread adoption of advanced technologies, particularly in developed countries, presents promising opportunities for the expansion of the 3D concrete printing market. With increasing awareness among builders regarding the myriad benefits offered by 3D printing technology, there's a notable shift in their preferences towards leveraging this innovative approach for diverse projects. This growing inclination towards 3D printing significantly contributes to the global market's expansion, emphasizing its potential as a preferred construction method for various applications in the foreseeable future.
3D Concrete Printing Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The burgeoning construction sector in emerging economies, coupled with a heightened emphasis on eco-conscious practices and the imperative need for cost-effective housing solutions, are projected to be pivotal drivers propelling market growth in the foreseeable future. Governments worldwide, along with regional authorities and organizations, are actively fostering innovation across key sectors. Initiatives such as the National Icons Competition, Innovation Expo, National Science Agenda, Innovation Attaché Network, and smart industrialization programs underscore their commitment to driving innovation and technological advancement.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 169.4 million |
| Market size value in 2031 | USD 94436.59 million |
| Growth Rate | 101.9% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on 3D Concrete Printing Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on 3D Concrete Printing Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the 3D Concrete Printing Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the 3D Concrete Printing Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the 3D Concrete Printing Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the 3D Concrete Printing Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
3D Concrete Printing Market Report Snapshots
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