3D Concrete Printing Market by Offering (Printing Services, Materials), Technique (Extrusion-based, Powder-based), End-use sector (Building, Infrastructure) and Region (Americas, Asia Pacific, Europe, Middle East) - Global Forecast to 2023

3D Concrete Printing Market by Offering (Printing Services, Materials), Technique (Extrusion-based, Powder-based), End-use sector (Building, Infrastructure) and Region (Americas, Asia Pacific, Europe, Middle East) - Global Forecast to 2023

“The 3D concrete printing market is projected to grow at a CAGR of 317.3% from 2018 to 2023.”
The 3D concrete printing market is estimated at USD 1.2 million in 2018 and is projected to reach USD 1,480.5 million by 2023, at a CAGR of 317.3%. The potential for mass customization and enhanced architectural flexibility, inherently green technology, and the rise in demand for affordable housing drive the demand for 3D concrete printing. The lack of awareness about automation techniques in the construction industry acts as a challenge in the growth of the 3D concrete printing market.

“Based on technique, the extrusion-based segment accounted for the largest share of the 3D concrete printing market in 2017.”
Extrusion-based technique led the 3D concrete printing market in 2017, in terms of both value and volume; this segment is projected to retain its leading position through 2023. The capability of extrusion-based technique to produce large-scale building components of complex geometries and the usage of conventional construction materials for printing contribute toward its major share in the 3D concrete printing market.

“The Middle East is expected to be the largest market for 3D concrete printing during the forecast period.”
The Middle Eastern 3D concrete printing market is projected to be the largest market between 2018 and 2023. Factors such as the supportive government initiatives and the demand for affordable houses are driving the 3D concrete printing market in the region. Initiatives such as “Dubai 3D Printing Strategy,” which estimates to 3D print 25% of country’s buildings by 2030, aiming to establish Dubai as a leading hub of 3D printing technology, are expected to drive the demand for 3D concrete printing in the region. Also, the agreement between Winsun (China) and Saudi Almobty Construction Group for leasing 100 3D printers to develop 1.5 million affordable homes in Saudi Arabia further creates growth prospects.

Breakdown of Primaries

By Company Type: Tier 1 – 40%, Tier 2 – 33%, and Tier 3 – 27%
By Designation: C Level – 50%, Director Level – 20%, and Others – 30%
By Region: North America – 20%, Europe – 50%, Asia Pacific – 15%, and RoW* – 15%

*RoW includes the Middle East and South America.

The key players profiled in the report are as follows:
1. Winsun (China)
2. XtreeE (France)
3. Monolite UK (UK)
4. Apis Cor (Russia)
5. CSP s.r.l. (Italy)
6. CyBe Construction (Netherlands)
7. Sika (Switzerland)

Research Objectives:
The primary objective of this study is to define, forecast, and segment the 3D concrete printing market on the basis of offering, technique, end-use sector, and region. The study also aims at strategically analyzing micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market. It also provides detailed information about the key market dynamics that include drivers, restraints, opportunities, and industry-specific challenges. In addition, the study analyzes competitive developments such as agreements, new projects, partnerships, joint ventures, and expansions in the 3D concrete printing market.

Reasons to buy the report:
The report will help market leaders/new entrants in this market in the following ways:
1. This report segments the 3D concrete printing market and provides the closest approximations of revenue numbers for the overall market and its subsegments across different regions.
2. The report helps stakeholders understand the market and provides them with information about the key market drivers, restraints, opportunities, and challenges.
3. This report will help stakeholders better understand their competitors and gain insights to improve their position in the market. The competitive landscape section includes the ranking of the top five players in the 3D concrete printing market.