[121 Pages Report] The 3D concrete printing market was valued at USD 0.3 million in 2017 and is projected to reach USD 1,480.5 million by 2023, at a CAGR of 317.3% during the forecast period. The base year considered for the study is 2017 and the forecast period is from 2018 to 2023.

The report aims at estimating the market size and future growth potential of the 3D concrete printing market across different segments on the basis of offering, technique, end-use sector, and region. It also provides detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). The report further aims to study individual growth trends, future prospects, and contribution of various segments to the overall market. The study also analyzes the opportunities in the market for stakeholders and provides details of the competitive landscape for market leaders. It strategically profiles key players and comprehensively analyzes their core competencies.

The research methodology used to estimate and forecast the size of the market started with capturing data on 3D concrete printed projects, value of each commercialized 3D concrete printed project through secondary research from sources such as companies� websites, articles on 3D concrete printing, and partnership reports on 3D printed construction. Vendor offerings were taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall size of the market by estimating the value of each 3D concrete printed project. After arriving at the overall market size, the total market was split into the offerings segment, which was then verified through primary research by conducting extensive interviews with key personnel, such as CEOs, VPs, directors, and executives. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary participants is depicted in the figure below:

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The market ecosystem includes various stakeholders involved in the supply chain of the 3D concrete printing market�starting from the procurement of raw materials to final product manufacturing. Post this, the marketing and sales of products take place, which is possible if an efficient distribution channel is developed. Finally, end products are made available to potential end users. The market for 3D concrete printing is led by major players such as Winsun (China), XtreeE (France), Monolite UK (UK), Apis Cor (Russia), CSP s.r.l. (Italy), CyBe Construction (Netherlands), and Sika (Switzerland).

Target Audience

Raw material suppliers

3D concrete printer manufacturers

3D concrete printing service providers

End users

Associations and industry bodies

Government & regulatory bodies

Scope of the Report:

The 3D concrete printing market has been segmented into the following submarkets:

By Offering:

Printing services

Materials

By Technique:

Extrusion-based

Powder-based

By End-use Sector:

Building

Infrastructure

By Region:

Americas

Europe

Asia Pacific

Middle East

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to client-specific needs. The following customization options are available for the 3D concrete printing report:

Product Analysis

Product Matrix which offers a detailed comparison of product portfolio of each company

Geographic Analysis

Analysis of the potential upcoming 3D concrete printed projects

Company Information

Detailed analysis and profiling of additional market players

MarketsandMarkets projects that the 3D concrete printing market will grow from USD 1.2 million in 2018 to USD 1,480.5 million by 2023, at a CAGR of 317.3%. Rapid urbanization and the demand for affordable housing and architectural flexibility drive the growth of the 3D concrete printing market. The building sector is projected to account for a larger share through 2023. The cost-effectiveness and time-saving characteristics of this technology have contributed toward its usage for developing buildings. Furthermore, its capability to develop complex building geometries, better safety, more precision, and generate less waste has resulted in the construction of complex building structures at an affordable rate.

The segmentation for this report is based on offering, by technique, end-use sector, and region. The building sector is projected to be the fastest-growing segment in the 3D concrete printing market. In this sector, the demand for 3D concrete printing is expected to be driven by the demand for complex building structures and affordable housing. This technology helps in creating lightweight components such as walls and panels, while maintaining the structural integrity and results in lower handling & transportation costs.

On the basis of technique, the market has been segmented into extrusion-based and powder-based. Each printing technique differs from each other on the basis of its advantages and limitations. In 2017, the extrusion-based technique accounted for the largest share of the 3D concrete printing market. Due to their capability to produce large-scale building components with complex geometrical structures and the usage of conventional construction materials, the extrusion-based technique has become the most widely employed 3D concrete printing technique for buildings and infrastructure.

The building sector dominated the market in 2017, in terms of both value and volume, as a result of the rising need for affordable houses, coupled with the trend toward the development of complex building structures. This sector is also projected to grow at the highest CAGR during the forecast period.

Europe dominated the 3D concrete printing market in 2017, in terms of value. Russia contributes a major share to the European market. The rise in new residential construction activities and increase in demand for complex building structures at affordable costs are driving the demand for 3D concrete printing in the region. The presence of key market players such as XtreeE (France), Monolite UK (UK), Apis Cor (Russia), CyBe Construction (Netherlands), and Sika (Switzerland) further contributes to the leading share of Europe in the global market.

The Middle East is projected to be the fastest-growing market for 3D concrete printing from 2018 to 2023. The supportive government initiatives such as �Dubai 3D Printing Strategy,� high labor costs, and demand for affordable homes from middle and low-income groups drive the growth of the 3D concrete printing market here. In 2017, the UAE was the largest country-level market in the region.

Lack of awareness about automation techniques in the construction industry acts as the major challenge in the growth of the market. The global 3D concrete printing market is dominated by players such as Winsun (China), XtreeE (France), Monolite UK (UK), Apis Cor (Russia), CSP s.r.l. (Italy), CyBe Construction (Netherlands), and Sika (Switzerland).

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