3D Concrete Printing Market Analysis
3D Concrete Printing Market - Global Industry Insights, Trends, Outlook and Opportunity Analysis, 2018-2026
3D printing allows construction of 3D printed structures, houses, and bridges. It allows construction of designs with flexibility, construction time optimization, cost, environmental factors and error reduction. Structural components are built layer-by-layer from the high-performance concrete that is emitted from the nozzle with no framework or any vibrations. This technology is bringing new and innovative architectural ideas and completely varies to the present architectural structures.
Furthermore, 3D concrete printing technology paves ways for limitless rich décor with new shapes and elements and minimizes waste, compared to current technology that makes new constructions more expensive and difficult. Constructions printed in 3D provides immense speed for construction making complex structures easy with high performance concrete.
Increasing construction activities in emerging economies are driving growth of the market. However, high initial cost associated with process and lack of awareness regarding this technology is restraining growth of 3D Concrete Printing market.
Global 3D Concrete Printing Market Taxonomy
On the basis of product type, the global 3D concrete printing market is segmented into:
On the basis of concrete type, the global 3D concrete printing market is segmented into:
On the basis of software, the global 3D concrete printing market is segmented into:
On the basis of end-use industry the global 3D printing market is segmented into:
Walls segment is projected to have the highest market share in 3D concrete printing over the forecast period, as this technology offers wall construction with detail. Moreover, it is convenient to use and saves time. Similarly, ready-mix concrete segment has a largest market share in the 3D concrete printing market, as it provides less labor cost, consumes less space on the site and has good quality. Residential segment is projected to be the largest market in the 3D concrete printing market, owing to a rise in residential construction.
Global 3D Concrete Printing Market Outlook
Asia Pacific is projected to be the fastest growing market in the 3D concrete printing, owing to increasing green construction activities, industrialization, advancement in construction technology, especially in the emerging economies such as India and china, which is driving growth of 3D concrete printing market in this region. China is the largest market for 3D concrete printing, owing to increasing awareness regarding technology, which is contributing to the growth of market in this region. Government of India is looking forward for scheme, ‘Houses for all’ by 2022, providing sustainable and affordable houses for citizens.
North America is projected to be the dominant market in the 3D concrete printing, owing to advancements in construction technology. The U.S. and Canada are leading the market allowing huge change in manufacturing goods all over the world.
Europe is projected to witness burgeoning growth in the 3D concrete printing market, owing to technological advancement in the economies such as Netherlands, Spain, and numerous other regions. World’s largest printed construction was designed in Europe and also commenced the first 3D printing building full filling the government regulations. The Dutch companies are focusing on Dubai, Netherland, and China for their growth, which is fueling growth of 3D concrete printing market.
In 2016, the pedestrian bridge was built for the first time in the world printed in 3D developed by ACCIONA. The bridge was 12 meters long and 1.75 meter in width. The world’s largest printed construction was designed by Universal Architecture, a Dutch company, which used sand to create stone-like material. The WinSun, a Chinese company, recently constructed 10 houses in 24 hours using 3D concrete printing with per house costing US$ 5000.
The major players operating in 3D concrete printing market include WinSun Global, Universe Architecture, Sika, Carilliom Plc., Fosters + Partners, Skanska, DUS Architecture, and LafargeHolcim.
Global 3D Concrete Printing Market: Key Developments