3D Printing Construction Market Size & Share, by Material (Concrete, Metal, Composite); Construction Method (Extrusion, Powder Bonding); End-user (Building, Infrastructure) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4593
  • Published Date: Nov 08, 2022
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2035

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.


3D Printing Construction Market
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3D Printing Construction Sector: Growth Drivers and Challenges

Growth Drivers

  • Rapidly Developing Construction Industry to Boost the Market Growth
  • The total spending in the global construction industry was estimated to reach around USD 12 trillion in 2023 while the spending is further projected to drop to about USD 20 trillion by the year 2035.
  • In the construction industry, 3D printing is essential since it can create a physical model of a digital image. In 3D printing, specialized 3D printers are used that can manufacture a real-time 3D model by using materials such as, concrete, metal, polymer, and others. 3D printing assists designers and architects to build any complex design and it also avoids labor expensive and is intensive. Hence, such a higher demand is anticipated to drive the growth of the market over the forecast period.
  • Growing Utilization in the Development of Robots
  • It was observed that about 375,000 new robots are launched in the market annually while approximately 85% of the companies are noticed to be adding robotics in their working infrastructure.
  • Higher Demand in Automotive Industry
  • As of 2021, automobile sale across the globe was anticipated to be around 65 million units.
  •  Increasing Demand for 3D Printing in Jewelry Designing
  • For instance, in 2022, the global jewelry segment was estimated to reach approximately USD 250 billion.

Challenges

  • Presence of Alternatives in the Market
  • Requirement for Higher Initial Investment
  • Constant Need for the Maintenance of 3D Printers
  • The global 3D printing construction market is segmented and analyzed for demand and supply by end-user into building, infrastructure, and others, out of which, the building segment is projected to witness noteworthy growth over the forecast period. The growth of the segment can be accounted to the escalating spending on the construction of buildings. For instance, in 2022, residential and nonresidential construction received total spending of around USD 900 billion and USD 500 billion respectively in the United States.

3D Printing Construction Market: Key Insights

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

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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3D Printing Construction Segmentation

 

 

         By Material

  • Concrete
  • Metal
  • Composite

 

         By Construction Method

  • Extrusion
  • Powder Bonding
  • Others

 

           By End-User

  • Building
  • Infrastructure
  • Others

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3D Printing Construction Industry - Regional Synopsis

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.

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3D Printing Construction Market size
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Companies Dominating the 3D Printing Construction Landscape

top-features-companies
    • 3D Systems Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • COBOD INTERNATIONAL A/S
    • ICON Technology, Inc.
    • Yingchuang Building Technique (ShanghaiCo. Ltd.
    • Contour Crafting Corporation
    • Apis Cor Inc.
    • Sika AG
    • CyBe Construction B.V.
    • Renishaw PLC
    • Materialise NV,

In-the-news

In The News

  • 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


  • Report ID: 4593
  • Published Date: Nov 08, 2022
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rapidly developing construction industry to boost the market growth are estimated to majorly boost market growth.

The market is anticipated to attain a CAGR of 248.90% over the forecast period, i.e., 2023-2035.

Constant need for the maintenance of 3D printers is estimated to challenge the market growth.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are COBOD INTERNATIONAL A/S, ICON Technology, Inc., Yingchuang Building Technique (Shanghai) Co. Ltd., Contour Crafting Corporation, Apis Cor Inc., Sika AG, CyBe Construction B.V., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue-generating capacity as well as the new products being launched into the market by the company.

The market is segmented by material, construction method, end-user, and by region

The building segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities
3D Printing Construction Market Report Scope
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