What is the global market size of 3D Printing Construction Market?

Global 3D Printing Construction Market size was valued at USD 1.4 billion in 2021 and is poised to grow from USD 2.63 billion in 2022 to USD 397.5 billion by 2030, at a CAGR of 87.38% during the forecast period (2023-2030).

Global 3D Printing Construction Market Size, Share, Growth Analysis, By Application(Concept Models, Visual Arts), By Material(Concrete, Plastics), By PRINTING TECHNOLOGY (Fused Deposition Modeling (FDM), Wire Arc Additive Manufacturing (WAAM)), By End use industry(Commercial, Residential), By Construction method(Extrusion, Powder Bonding) - Industry Forecast 2024-2031

Report ID: SQMIG15F2108 | Region: Global | Published Date: February, 2024
Pages: 274 | Tables: 164 | Figures: 77

Global 3D Printing Construction Market News

In May 2022, Two of the most well-known manufacturers of desktop 3D printers that use filament and related goods, MakerBot and Ultimaker, have decided to unite. They will work together, they claim, and this combination will hasten the adoption of additive manufacturing around the world by giving consumers access to a complete ecosystem of gear, software, and materials. Stratasys, the company that owns MakerBot, and NPM Capital, the investor in Ultimaker, will support the new company. To support innovation and expansion into new markets, $62.4 million in cash will be invested.

Global 3D Printing Construction Market Report Snapshots

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3D Printing Construction Market size was valued at USD 1.4 billion in 2019 and is poised to grow from USD 2.63 billion in 2023 to USD 397.5 billion by 2031, at a CAGR of 87.38% during the forecast period (2024-2031).

Competition in the global 3D Printing Construction market is expected to increase during the forecast period because new players are expected to enter in the global market and the number of Technologies compatible with 3D Printing Construction will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years. 'Yingchuang Building Technique (China)', 'XtreeE (France)', 'Apis Cor (Russia)', 'Monolite UK (UK)', 'CSP Group (Italy)', 'CyBe Construction (Netherlands)', 'WASP Designs', 'Aectual', 'Mighty Buildings', 'Sika (Switzerland)', 'MX3D (Netherlands)', 'Contour Crafting Corporation (California)', 'COBOD International A/S (Denmark', 'ICON Technology, Inc (US)', 'Constructions-3D (Germany)', 'AI build ltd, (UK)', 'Imprimere Ag (Germany)', 'Skanska (Sweden)', 'Tracxn Technologies Limited (India)'

The major advantage which 3D printing construction provides is cost and time saving.Compared to traditional method of construction, 3D printing requires lesser time to build structures and it adopts in construction which helps to accelerates the project completion.Due to this several advantages, government all across the globe are significantly investing in 3D printing to develop the Smart City project to offer accessible housing and lodging, well connected transportation system and other essential public services.

There has been a recent trend of increase in modular 3D printing as it facilitates sustainable construction energy.It allows the work to proceed more quickly and not hampered by potential delays Or hampered by outside factors that might require operation to be stopped or slowed down because prefabricated modules are printed and partially assembled at an offsite factory.

Globally, Asia Pacific is estimated to hold the highest global 3D Printing Construction market share in 2021. Main factors during this growth period is the presence of top market players such as Yingchuang Building Technique (Shanghai) Co.Ltd.(Winsun).

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