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Global 3D Concrete Printing Market, By Offering (Printing Services, and Materials), By Technique (Extrusion-based, and Powder-based), By End-User (Building, and Infrastructure), and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa)-Global Forecast to 2027
Global 3D Concrete Printing Market Overview:
3D Concrete manufacturing is a modern technology utilized by architects and design firms to produce building parts or to ‘print’ whole structures. 3D concrete printing allows to create complicated geometries for building, offer better protection and precision, and produce fewer waste, resulting in the creation of large building systems at an inexpensive cost. Structural elements are formed layer by layer from the high-performance concrete which is released from the nozzle without any frame or vibration. This technology brings unique and modern architectural ideas and differs entirely with the structures of the current architecture.
Global 3D Concrete Printing Market Insights
The global 3D concrete printing market size was valued at USD 34.9 million in 2019 and projected to reach USD 78.3 million by 2027 at a CAGR of 10.63% due to the growing competition for complicated infrastructure at competitive prices and rising building project volumes. Rising demand for complicated mechanisms at reasonable prices, rapid urbanization and increasing investment in new construction projects across regions can fuel the growth of the global market. Companies are investing in more advanced 3D concrete printing devices that can produce large concrete buildings such as lintels, walls and roofs. Moreover, the growing building activities are increasing business growth in the developing economies at a considerable rate.
However, the lack of knowledge of the construction industry’s automation techniques is a significant obstacle which hinders the growth of the global 3D concrete printing market. In addition, the rising capital investment is projected to challenge the growth of global market.
Growth Driver
Rapid Pace Of Urbanization
The rising urbanization is likely to boost the global 3D concrete printing market at a significant rate. Urbanization leads to the growing number of rural residents living in urban areas. It results mostly in the increase in connectivity in metropolitan areas. The role of urbanization in growth stems from the two causes: a difference between rural and urban productivity levels and a more stable change in urban productivity. By 2045, the population of urban city residents is expected to grow by 1.5 times to 6 billion and adding 2 billion more urban residents. Moreover, it is projected that more than 80 % of global city-generated GDP and urbanization will lead to improved expansion by increasing productivity, supporting technological development to emerge, and new ideas estimated to support the global market.
Rise in focus on making housing affordable
The rising focus on making housing affordable is one of the major factors, which estimated to boost the global 3D concrete printing market at a significant growth rate. Today, 3D concrete printing is becoming increasingly common in the building industry due to the advantages provided to printers such as quicker production, improved design capacity, cost savings, and more. 3D Concrete Printing enables suppliers and building contractors to use pre – built concrete parts for infrastructure projects, reducing time, energy and effort in the phase. 3D concrete printing technology is used to build houses, cabins, bridges, large buildings, offices, pavilions, shelters, and more.
COVID-19 Impacts Insights
The COVID-19 outbreak recently severely impacted the healthcare system of developed and developing economies. There is hardly any place in today’s globalized world that has been left untouched by the severity of the Novel Coronavirus or the Covid-19 pandemic. At the hands of the Covid-19 almost every commercial activity suffers. There are several effects of the lockout that will further expand the sector ‘s problems such as reverse migration, supply chains instability, among others. US building depends heavily on foreign content imports, including steel, coal, iron, stone and fittings, many of which come from China. In February after the closure of Chinese production plants, the Port of Los Angeles announced a 23 per cent year-over-year decline in shipping containers. The several restrictions put into effect by the government bodies to regulate the impacts of the virus can prompt a shortage of raw material and industrial capacity, disrupt the supply chain, and create further disabilities in the performance of contractual duties.
Offering Segmental Analysis
Based on the offering, the global 3D Concrete Printing market is bifurcated into Printing Services, and Materials. The printing services segment is expected to dominate the market during the forecasted period of 2020-2027 across the globe owing to the rapid industrialization and urbanization majorly in the emerging nations. In addition, the reduction of lower generation of waste is projected to further boost the global market.
However, the materials segment is anticipated to have the significant growth rate over the forecasted period by 2027 owing to the due to the rise in construction projects across the globe.
Technique Segmental Analysis
Based on the technique, the global 3D Concrete Printing market classified into Extrusion-based, and Powder-based. The extrusion-based technique segment is projected to dominate the global 3D concrete printing market during the forecasted period by 2027 owing to its capacity to assemble large construction components of complicated geometric designs. Additionally, the usage of conventional construction material is expected to drive the market at a considerable rate.
However, the Power-based technique segment is estimated to have the substantial growth rate across the globe due to the advantage of having high efficiency and environment protection ability.
End-User Segmental Analysis
Based on the end-user, the global 3D Concrete Printing market segmented into Building, and Infrastructure. The building segment is predicted to hold the largest share over the forecasted period of 2020-2027 across the globe owing to the rising demand for the affordable houses and residential buildings. In addition, at present, approximately 1.2 billion people are living in cities without secure and affordable housing.
Region Segmental Analysis
By geography, the global 3D Concrete Printing market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is estimated to dominate the global market during the forecast period of 2020-2027, owing to the advancement in technology across the region.
However, Asia Pacific is estimated to have the fastest growth rate over the forecasted period by 2027 owing to the emerging economies including China, and India. The propelling awareness towards the sustainable construction across the region is further projected to boost the global market. Additionally, the rise in disposable income across the region is estimated to fuel the 3D concrete printing market across the globe at a considerable growth rate.
Competitor Analysis
Companies such as DUS Architects, Cybe Construction, UNIVERSE ARCHITECTURE BV, Yingchuang Building Technique (Shanghai) Co. Ltd (WinSun), Sika AG, Rohaco, Imprimere, Skanska, Fosters + Partners, Acciona S.A., WinSun Global, HeidelbergCement AG, LafargeHolcim, Balfour Beatty, Apis Cor, Carilliom Plc, Betabram, Beijing Huashang Luhai Technology, Icon, and Total Kustom are the key players in the global 3D Concrete Printing market.
Key Stakeholders
- Market research and consulting firms
- Industry associations
- Global 3D Concrete Printing manufacturing firm
- Research organizations and consulting companies
- Organizations, associations, and alliances related to 3D Concrete Printing
- Regulatory bodies
The objective of the Research
- Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
- Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
- Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
- Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
- The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.
Market Modelling
By Offering
- Printing services
- Materials
By Technique
- Extrusion-based
- Powder-based
By End-User
- Building
- Infrastructure
By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
Global 3D Concrete Printing Market
Report Content
- Research Strategic Development
- Market Modelling
- Product Analysis
- Market Trend and Economic Factors Analysis
- Market Segmental Analysis
- Geographical Mapping
- Country Wise Segregation
- Research Methodology
- Identification of Target Market
- Data Acquisition
- Refining of Data/ Data Transformations
- Data Validation through Primary Techniques
- Exploratory Data Analysis
- Graphical Techniques/Analysis
- Quantitative Techniques/Analysis
- Visual Result/Presentation
- Executive Summary
- Market Insights
- Supply Chain Analysis
- Economic Factor Analysis
- Drivers
- Trends
- Opportunities
- Challenges
- New Technological Landscape
- Competitors & Product Analysis
- Regulatory Framework
- Company market share analysis, 2019
- Porter’s Five forces analysis
- New Investment Analysis
- PESTEL Analysis
- Global 3D Concrete Printing Market Overview
- Market Size & Forecast, 2016-2027
- Demand & Volume
- By Value (USD Million)
- Market Share & Forecast, 2016-2027
- By Offering
- Printing services
- Materials
- By Technique
- Extrusion-based
- Powder-based
- By End-User
- Building
- Infrastructure
- By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
- By Offering
- Demand & Volume
- Market Size & Forecast, 2016-2027
- North America 3D Concrete Printing Market Overview
- North America 3D Concrete Printing Market Size & Forecast, 2016-2027
- Demand & Volume
- By Value (USD Million)
- North America 3D Concrete Printing Market Share & Forecast, 2016-2027
- By Offering
- Printing services
- Materials
- By Technique
- Extrusion-based
- Powder-based
- By End-User
- Building
- Infrastructure
- By Country
- US
- Canada
- Mexico
- Manufacturer & Distributor List (Top 5)
- Company Market Share (Top 3-5)
- Economic Impact Study on North America 3D Concrete Printing Market
- By Offering
- Demand & Volume
- North America 3D Concrete Printing Market Size & Forecast, 2016-2027
- Europe 3D Concrete Printing Market Overview
- Europe 3D Concrete Printing Market Size & Forecast, 2016-2027
- Demand & Volume
- By Value (USD Million)
- Europe 3D Concrete Printing Market Share & Forecast, 2016-2027
- By Offering
- Printing services
- Materials
- By Technique
- Extrusion-based
- Powder-based
- By End-User
- Building
- Infrastructure
- By Country
- Germany
- UK
- France
- Italy
- Rest of Europe
- Manufacturer & Distributor List (Top 5)
- Company Market Share (Top 3-5)
- Economic Impact Study on Europe 3D Concrete Printing Market
- By Offering
- Demand & Volume
- Europe 3D Concrete Printing Market Size & Forecast, 2016-2027
- Asia Pacific 3D Concrete Printing Market Overview
- Asia Pacific 3D Concrete Printing Market Size & Forecast, 2016-2027
- Demand & Volume
- By Value (USD Million)
- Asia Pacific 3D Concrete Printing Market Share & Forecast, 2016-2027
- By Offering
- Printing services
- Materials
- By Technique
- Extrusion-based
- Powder-based
- By End-User
- Building
- Infrastructure
- By Country
- China
- India
- Japan
- Australia
- Rest of Asia Pacific
- Manufacturer & Distributor List (Top 5)
- Company Market Share (Top 3-5)
- Economic Impact Study on Asia Pacific 3D Concrete Printing Market
- By Offering
- Demand & Volume
- Asia Pacific 3D Concrete Printing Market Size & Forecast, 2016-2027
- South America 3D Concrete Printing Market Overview
- South America 3D Concrete Printing Market Size & Forecast, 2016-2027
- Demand & Volume
- By Value (USD Million)
- South America 3D Concrete Printing Market Share & Forecast, 2016-2027
- By Offering
- Printing services
- Materials
- By Technique
- Extrusion-based
- Powder-based
- By End-User
- Building
- Infrastructure
- By Country
- Brazil
- Argentina
- Rest of South America
- Manufacturer & Distributor List (Top 5)
- Company Market Share (Top 3-5)
- Economic Impact Study on South America 3D Concrete Printing Market
- By Offering
- Demand & Volume
- South America 3D Concrete Printing Market Size & Forecast, 2016-2027
- Middle East & Africa 3D Concrete Printing Market Overview
- Middle East & Africa 3D Concrete Printing Market Size & Forecast, 2016-2027
- Demand & Volume
- By Value (USD Million)
- Middle East & Africa 3D Concrete Printing Market Share & Forecast, 2016-2027
- By Offering
- Printing services
- Materials
- By Technique
- Extrusion-based
- Powder-based
- By End-User
- Building
- Infrastructure
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
- Manufacturer & Distributor List (Top 5)
- Company Market Share (Top 3-5)
- Economic Impact Study on Middle East & Africa 3D Concrete Printing Market
- By Offering
- Demand & Volume
- Middle East & Africa 3D Concrete Printing Market Size & Forecast, 2016-2027
- Competitor Analysis
- Company Description
- Financial Analysis
- Key Products
- Key Management Personnel
- Contact Address
- SWOT Analysis
- Company Profile
- DUS Architects
- Cybe Construction
- UNIVERSE ARCHITECTURE BV
- Yingchuang Building Technique (Shanghai) Co. Ltd (WinSun)
- Sika AG
- Rohaco
- Imprimere
- Skanska
- Fosters + Partners
- Acciona S.A.
- WinSun Global
- HeidelbergCement AG
- LafargeHolcim
- Balfour Beatty
- Apis Cor
- Carilliom Plc
- Betabram
- Beijing Huashang Luhai Technology
- Icon
- Total Kustom
- Other Prominent Players
