Press release
3D Printing Building Construction Market Industry Business Outlook, Revenue, Trends and Forecasts 2023
The Business Research Company
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The global 3D printing building construction market is expected to decline from $0.004 billion in 2019 to $0.002 billion in 2020 at a compound annual growth rate (CAGR) of -35.76%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $0.12 billion in 2023 at CAGR of 147.79%.
The Key drivers of the 3d printing building construction market include:-
The capability to build complex structures within a stipulated time for a reasonable cost is a major factor driving the demand for 3D printing building construction market. 3D printing building construction is cost-effective, saves time, provides more precision, safe, cuts labour costs, is environmentally friendly, and easily helps build complex building structures.
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The global 3d printing building construction market is segmented:
1) By Construction: Modular, Full Building.
2) By Process: Extrusion, Powder Bonding, Others.
3) By Printing Material: Concrete, Plastic, Metal, Hybrid, Others.
4) By End User: Residential, Commercial, Industrial.
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By Geography - The 3d printing building construction market is segmented in to
1.North America
2.Western Europe
3.Asia Pacific
4.Eastern Europe
5.South America
6.Middle East
7.Africa
Some of the major key players involved in the 3d printing building construction market are
1. XtreeE
2. Monolite
3. Imprimere Ag
4. Branch Technology
5. Zhuoda Group
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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