3D Printing Construction Market size is estimated to reach USD 3709.51 Trillion by the end of 2035, growing at a CAGR of 248.9% during the forecast period, i.e., 2023-2035. In the year 2022, the industry size of 3D printing construction was USD 1.4 Billion.The growth of the market can primarily be attributed to the higher demand in the aerospace industry owing to the rising aerospace export/import volume. As of 2021, the total export volume of aerospace in the United States reached nearly USD 90 billion while in Canada, it was estimated to hit approximately USD 10 billion.
Global 3D printing construction market trends such as, growing demand for robotics and respective technological advancement are projected to influence the growth of the market positively over the forecast period. For instance, around 2.5 million industrial robots were noticed to be functioning in factories. Moreover, the growing manufacturing of automobiles, such as commercial and passenger vehicles, is further expected to increase the growth of the market over the forecast period. It was observed that in 2022, approximately 200 million vehicles including three & two-wheelers, commercial, passenger, and others were sold out across the globe. Hence, all these factors are expected to hike the growth of the market during the forecast period.
Base Year |
2022 |
Forecast Year |
2023-2035 |
CAGR |
248.90 % |
Base Year Market Size (2022) |
USD 1.4 Billion |
Forecast Year Market Size (2033) |
USD 3709.51 Trillion |
Regional Scope |
|
By Material |
|
By Construction Method |
|
By End-User |
|
North American Market Forecast
Regionally, the global 3D printing construction market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in the Asia Pacific region is projected to hold the largest market share by the end of 2035. The growth of the market can be attributed to the higher manufacturing and adoption of robotics and the growing automotive industry. For instance, in 2021, approximately 70% of the newly developed robots were installed in Asia Pacific. Therefore, such factors are expected to propel the growth of the market over the forecast period.
COBOD INTERNATIONAL A/S to contribute to the largest 3D printing building projects in the United States. The building projects are developed and designed by CIVE and Peri. COBOD INTERNATIONAL A/S has provided a BOD2 3D construction printer for the respective projects.
ICON Technology, Inc. to introduce House Zero, 3D printed home based in Austin, Texas. The company has designated House Zero as the new home genre created by 3D printing. Additionally, ICON Technology, Inc. has collaborated with Lake Flato Architects for the development of the company’s Exploration Series.
Author Credits: Mohd Shadab, Yashika Karodiwal
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