The main players in the market are XtreeE; Winsun (Yingchuang construction technique); Skanska; Apis Cor; Al construction; Technology branch; Zhuoda Group; Cazza construction company; Contour manufacturing company.
New York, December 30, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the “3D Printing Building Construction Global Market Report 2022” – https://www.reportlinker.com/p06193668/?utm_source=GNW
The global 3D printing building construction market is expected to grow from $ 0.01 billion in 2021 to $ 0.02 billion in 2022 at a compound annual growth rate (CAGR) of 177.0%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $ 0.87 billion in 2026 at a CAGR of 169.3%.
The 3D printing building construction market includes revenue generated by entities (organizations, independent traders and partnerships) that construct buildings using 3D printers and offer related services. 3D printing or additive manufacturing is a sequential, computer-controlled layering of materials to create three-dimensional shapes. In the construction industry, 3D printing is used to construct building components or to create an entire building. It helps build faster and more accurate structures with lower labor costs and less waste.
The main types of building construction by 3D printing are modular constructions and complete constructions. Modular construction involves the generation of standardized structural components in an off-site factory and then their assembly on-site.
The processes used are extrusion, powder bonding and others and the materials used are concrete, plastic, metal, hybrid and others. Building construction using 3D printing includes residential, commercial and industrial construction.
Asia-Pacific is the largest region of 3D printing building construction market in 2021. Asia-Pacific is expected to be the fastest growing region during the forecast period.
The regions covered by the global utility system construction market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The ability to build complex structures within a specified time frame at a reasonable cost is a major factor driving the demand for the 3D printing building construction market. 3D printing building construction is cost effective, saves time, provides more accuracy, is safe, lowers labor costs, is environmentally friendly, and easily helps construct complex building structures . 3D printing in construction is economical in terms of material use compared to the traditional manufacturing process. Additionally, 3D printing reduces labor costs by 50-80%, production time by 50-70%, and construction waste by 30-60%. Hence, the economic benefits offered by 3D printing construction are expected to significantly drive the market growth.
Increasing flexibility in 3D printing operations using advanced software is a major trend shaping the growth of the 3D printing building construction market. In November 2019, AMFG, a UK MES software provider, announced the strategic partnership with EOS to enable machine connectivity and end-to-end workflow automation for additive manufacturing.
Together, the companies plan to offer customers management of all of their additive manufacturing operations with AFMG’s Manufacturing Execution System (MES) and direct machine connectivity with the software platform. EOS is a technology provider in the field of industrial 3D printing of polymers and metals.
High initial investment is expected to impact the growth of the 3D printing building construction market over the next few years. The high cost of 3D printers and their maintenance is a major challenge for industry players.
According to Winsun 3D Builders, a 3D printing construction company, the high initial investment of 3D concrete printers is currently at a level that requires large and decent construction projects in order to help small and medium-sized businesses overcome challenges. capital needs for expansion and growth. . The requirement of high initial capital to set up the process is expected to hamper the growth of the 3D printing building construction market during the forecast period.
In January 2019, Apis Cor, a company engaged in 3D printing in construction, announced a strategic collaboration with Gerdau, a global supplier of long and special steels. This collaboration aims to accelerate Apis Cor’s ability to 3D print in the construction industry in the United States. and South America.
Gerdau previously supported Apis Cor in the “3D Printing Habitat Challenge” organized by NASA. Gerdau was founded in 1901 and is a longtime steel producer based in Brazil.
The countries covered by the distribution system construction market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark , Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela and Vietnam.
Read the full report: https://www.reportlinker.com/p06193668/?utm_source=GNW
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