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3D Concrete Printing Market by Offering, Technique, End-use sector and Region - Global Forecast to 2023

3D Concrete Printing Market: Global Forecast until 2023

  • June 2018
  • 122 pages
  • ID: 3866792
In this report:
The extrusion-based ##D concrete printing technique is expected to account for ##.##% of the market size with USD ##,##.## thousand in 2018; this is projected to grow at a CAGR of ##.##% to reach a market size of USD ##,##,##.## thousand by 2023, in terms of value.
The global market for ##D concrete printing is expected to record a value of USD ##,##.## thousand in 2018 and is projected to reach USD ##,##,##.## thousand by 2023, at a CAGR of ##.##% from 2018.

Summary

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The 3D concrete printing market is estimated to rise at a compound annual growth rate of 317.30 percent from 2018 to 2023.

The 3D concrete printing market is projected at $1.20M in 2018 and is projected to extend $1480.50M by 2023, at a compound annual growth rate (CAGR) of 317.30 percent. The potential for mass customization and enhanced architectural flexibility, inherently green technology, and the increase in demand for affordable housing drive the demand for 3D concrete printing. The lack of awareness about automation techniques in the construction industry acts as a challenge in the increase of the 3D concrete printing market.

Established on technique, the extrusion-based segment recorded for the biggest share of the 3D concrete printing market in 2017.

Extrusion-based technique led the 3D concrete printing market in 2017, in terms of both value and quantity; this industry segment is estimated to retain its leading position through 2023. The capability of extrusion-based technique to produce large-scale building components of complex geometries and the usage of conventional construction materials for printing contribute toward its main share in the 3D concrete printing market.

The Middle East area is anticipated to be the largest industry for 3D concrete printing during the outlook period.

The Middle Eastern 3D concrete printing market is forecasted to be the biggest market between 2018 and 2023.Elements such as the supportive government initiatives and the market demand for affordable houses are driving the 3D concrete printing market in the area.

Initiatives including "Dubai 3D Printing Strategy," which estimates to 3D print 25.0 percent of country's buildings by 2030, aiming to establish Dubai as a leading hub of 3D printing technology, are forecast to steer the industry demand for 3D concrete printing in the territory. Also, the agreement between Winsun and Saudi Almobty Construction Group for leasing 100 3D printers to expand 1.5 million affordable homes in Saudi Arabia (SA) further creates increase prospects.

Breakdown of Primaries

• By Company category: Tier 1 - 40.0 percent, Tier 2 - 33.0 percent, and Tier 3 - 27.0 percent

• By Description: C-suite - 50.0 percent, D-level - 20.0 percent, and Others - 30.0 percent

• By Area: North America continent - 20.0 percent, Europe (EU) - 50.0 percent, Asia Pacific (APAC) - 15.0 percent, and RoW* - 15.0 percent

*RoW includes the Middle East (ME) and South America region.

Research Objectives:

The primary objective of this study is to define, estimate, and segment the 3D concrete printing market based on offering, technique, end-use market, and area.The report also aims at strategically analyzing micromarkets with respect to individual developments trends, future perspectives, and their contribution to the total market.

It also offers exhaustive information about the top market dynamics that contain drivers, industry restraints, possibilities, and market-specific challenges. Additionally, the market research examines competitive developments including agreements, new projects, alliances, joint ventures (JV), and business developments in the 3D concrete printing market.

Why acquiring this study can help you:

This study will help the industry leaders (and new entrants) in the following points:

1. This document breaks down the 3D concrete printing market and offers the closest approximations of revenue numbers for the global market and its sub-segments across different areas.

2. The market research benefits partners comprehend the industry and offers them with info about the main market drivers, market restraints, alternatives, and opportunities.

3. This industry report will facilitate partners better comprehend their players and obtain business insights to enhance their rank in the sector. The competitive outlook section includes the ranking of the top five actors in the 3D concrete printing market.

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