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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 3D Printing Construction market is expected to increase during the forecast period because new players are expected to enter in the 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 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 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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Global 3D Printing Construction Market

Product ID: SQMIG15F2108