April 2024
27 Apr 2023
The global 3D printing construction industry revenue was worth around USD 3.42 billion in 2022 and it is expanding up to USD 519.49 billion by 2032 with a compound annual growth rate (CAGR) of 65.25% from 2023 to 2032.
The construction industry's new and quickly growing 3D printing business encompasses the application of 3D printing technology to the construction of buildings.
Market Growth:
One of the most significant technological developments and inventions of the twenty-first century is 3D printing. In terms of industry value, it was about $190 million (USD) in 2021, and by 2030, it is anticipated to be worth $680 million (USD). The environmental worries about the waste produced by the industry, the potential for customization and architectural flexibility utilizing this technology and the speedy production of models and prototypes are the reasons that have the biggest impact on this expansion.
The technology behind 3D printing has become more relevant as a result of advancements made to the process itself, which enables the construction of three-dimensional objects by layering various materials on top of one another. This method of building is very adaptable and can be used to build specific project elements as well as a variety of complex structures in their entirety, including houses or living spaces, offices, bridges, walls, modular structures, reinforcement molds, columns, urban furniture, and even decorative elements.
Regional Analysis:
The industry for 3D printing in the construction sector is anticipated to be dominated by North America throughout the projected period, according to the most recent projection. In 2022, the region held the biggest proportion. The region's 3D printing in construction industry statistics is being driven by the presence of significant companies and an increase in the usage of cutting-edge 3D concrete printing technology.
The rich potential in the construction sector in the Asia Pacific area may be credited for the significant industry share and regional expansion. Furthermore, the technology is likely to acquire substantial momentum during the forecast period as the area establishes itself as a global manufacturing powerhouse.
Over the course of the projection period, the European industry is anticipated to increase steadily. A large number of industry participants in European nations, including the U.K., are spending more and more on 3D printing, which is fostering regional industry expansion.
3D Printing Construction Industry Report Scope:
| Report Coverage | Details |
| Market Size in 2022 | USD 3.42 Billion |
| Projected Forecast Value in 2032 | USD 519.49 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 65.25% |
| Largest Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Market Dynamics:
Driving Factors:
The industry for concrete 3D printing is expected to reach $56.4 million in value by 2021, a rise that will be mostly driven by the number of creative projects and books that are now being planned for development. Furthermore, it doesn't appear like 3D printing on concrete is solely a hipster craze. In February 2017, XtreeE, a French company that specialized in 3D printing concrete structural elements, was acquired by Vinci, one of the leading construction firms in France. Despite the fact that 3D printing concrete has a lot of promise, it's crucial to remember that this area of technology is still developing.
Benefits:
In a couple of days, 3D printing has already demonstrated its ability to construct a house or other structure from the ground up. That's a lot quicker than traditional construction, which might need months or even years to complete the construction of a commercial structure.
Construction dive estimates that there are presently more than 1 billion tons of construction trash produced annually and that by 2025, this amount will have doubled. While 3D printing won't be able to completely eliminate the issues with building waste, it can still be useful. This is primarily due to the fact that 3D printing is an additive manufacturing technique that only employs the material required to build a structure.
Challenges:
High cost and shortage of skilled labor
The exorbitant expense of buying or renting such equipment, as well as the logistics required in moving these enormous 3D printers to the job site, maybe the largest obstacle to the broad use of 3D printing technology on construction sites. The price of 3D printers is high, and that price doesn't include supplies or upkeep. Many construction industry experts find it challenging to compare the costs of 3D printing to their advantages at the moment.
Even with the labor scarcity, 3D printing demands an even more specialized skill set, necessitating the recruitment of a smaller and more specialized pool of applicants. Finding suitable personnel to work in 3D printing building environments might prove to be much more difficult in the future. Building labor shortages are currently a concern.
Opportunities:
Technological innovations of the industry players
The various industry participants have created devices that can 3D print concrete utilizing a range of different technologies. A polar 3D printer developed by the French business Constructions-3D prints while inside a construction site and then exits via the building's front entrance after work is complete. A robotic arm with a nozzle for extruding the material at the end is attached to a mechanical base.
Similar to this robot, Cazza Construction uses a movable crane system to 3D print a far greater area and build bigger, higher buildings. This is seen in earlier prints from businesses like Apis Cor and XtreeE, which swiftly construct whole homes.
Construction Methods Insights:
Based on the types of construction, the worldwide industry has been segmented into powder bonding, extrusion, and other categories. Powdered raw material serves as the primary component of powder bonding, in contrast to other printing techniques. Powder bed jetting and binder jetting are the two techniques. A coated sheet adds more material for each additional layer, whereas the first method involves layer-by-layer melting of dust particles using a laser on the desired item. In contrast, the binder jetting process makes use of a print head to apply liquid glue to the powder printing bed. Each layer of the desired item is created by joining the powder particles together in a liquid.
Material Type Insights:
In the industry for 3D printing in construction, concrete had the majority of the industry share. The components of the concrete mix consist of water, cement, and aggregates like sand or stone, much like other concrete mixtures. The texture and consistency of the dish itself are what make it successful. Pressure buildup that might clog the nozzle or harm the printing apparatus is less likely with a workable consistency. As a result, the consistency is maintained to be comparable to that of aerated dough for construction applications. Architects and builders may easily add originality and uniqueness to their designs with 3DCP since it can be utilized to precisely construct complicated or asymmetrical shapes. On short notice and with little likelihood of human mistake, a variety of forms and extruded surfaces may be produced.
End-User Insights:
In terms of revenue, the construction sector was the industry leader in 2022. The building category includes work done in the residential, commercial, and industrial sectors. Several building firms are partnering with 3D printer vendors to create homes utilizing 3D printing technology. The increasing usage of 3D printing technology to construct infrastructures, such as furniture and bridges, utilizing materials like plastic, metal, and composites is what is fueling the growth of this industry.
Recent Development:
Major Key Players:
Market Segmentation:
By Construction Method
By Material Type
By End-User
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