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3D Printing Construction Market Share, Size, Trends, Industry Analysis Report, By Construction Type (Modular Construction, Full Building Construction); By Printing Process (Extrusion, Powder Bonding, Others); By Printing Material (Concrete, Plastic, Metal, Hybrid, Others); By End-User (Building [Residential, Commercial, Industrial], Infrastructure); By Regions; Segment Forecast, 2020 - 2026
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3d Printing Construction MarketSet to Exceed USD 14,896.4 million by 2026 | CAGR 225.2% “3D Printing Construction Market Share, Size, Trends, Industry Analysis Report, By Construction Type (Modular Construction, Full Building Construction); By Printing Process (Extrusion, Powder Bonding, Others); By Printing Material (Concrete, Plastic, Metal, Hybrid, Others); By End-User (Building [Residential, Commercial, Industrial], Infrastructure); By Regions; Segment Forecast, 2020 - 2026”
3d Printing Construction Market Estimate & Forecast to 2026 The global 3D Printing Construction market size is expected to reach USD 14,896.4 million by 2026 according to a new study by Polaris Market Research. The 3D Printing in Construction market is projected to witness a significant growth over the forecast period. The processing of the components in the 3D printer depends on the input file in a computer-controlled program. Use of software program in these printers significantly reduces human errors involved in conventional processes. Standardization of work is possible with the help of 3D printers, which would ultimately result into reducing the operational costs and reduction in human errors. The ease of using this technology and the reduction in errors drive the growth of the 3D printing market. This technology also offers design flexibility, efficient building of complex structures, and reduced carbon footprint. In October 2019, Apis Cor and the University of Nantes collaborated to construct a building in Warsan, Dubai, which holds the Guinness record for largest on-site 3D printed building. The building was printed on-site using mineral-infused fluids capable of solidifying into concrete. With increasing investments in the global 3D printed building market, specialist companies, construction firms, and building material manufacturers are collaborating to develop new and advanced building solutions to cater to the growing consumer demand. In 2019, there were 65 active companies who are offering these solutions for architects and engineers in the infrastructure industry, which is a significant increase from 20 active companies in 2013.
3d Printing Construction Market Scope Request for sample
3d Printing Construction Market Estimate & Forecast to 2026 Asia Pacific emerged as the largest market in 2019 and is expected to maintain its dominance over the forecast period. Various government investments in 3D printing projects, increased expenditure in infrastructure and growing demand for green construction solutions are factors offering growth opportunities in the market. The 3D Printed Building market is characterized by startups and SMEs entering the global market. Owing to technological advancements, companies are providing comprehensive solutions to customized needs of the clients in order to retain the customers and to gain market share. Broadening of product portfolio is another trend that is visible in the industry. Some of the major market participants include XtreeE, WinSun, Skanska, Apis Cor, Branch Technology, AI build, Zhuoda Group, Cazza construction Company, Contour Crafting Corporation, Monolite UK, Sika, Cybe Construction, Mx3D, Centro SviluppoProgetti, Icon, and Imprimere Ag. Browse Complete Report
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