According to a new report, published by KBV research, The Global 3D Printing Construction Market size is expected to reach $9.2 billion by 2031, rising at a market growth of 101.9% CAGR during the forecast period.
In addition, 3D printing is also being used to produce custom building materials and components. This includes everything from decorative elements like columns and facades to structural components that require precise design and measurements. By enabling on-demand production, 3D printing reduces the need for off-site manufacturing and transportation, lowering costs and lead times.
The Building segment is experiencing a CAGR of 101.4 % during the forecast period. The building segment is the dominant end-use in the 3D printing construction market due to the increasing adoption of 3D printing technologies for residential, commercial, and industrial buildings. The ability to quickly construct customized, cost-efficient structures with reduced material waste makes 3D printing appealing to the building sector.
The Extrusion segment led the maximum revenue in the Global 3D Printing Construction Market by Method in 2023, thereby, achieving a market value of $5.4 billion by 2031. Extrusion is the most widely used method in 3D printing construction due to its ability to handle various materials such as concrete, plastics, and composites. This method involves pushing material through a nozzle to create layers, making it particularly suited for large-scale construction applications like building walls, foundations, and entire structures.
The Concrete segment is growing at a CAGR of 100.8 % during the forecast period. Concrete is the most widely used material in 3D printing construction due to its durability, versatility, and cost-effectiveness. Concrete 3D printing allows for the creation of complex structures, such as walls, columns, and entire buildings, with greater speed and precision than traditional construction methods.
Full Report: https://www.kbvresearch.com/3d-printing-construction-market/
The Asia Pacific region dominated the Global 3D Printing Construction Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3.8 billion by 2031. The North America region is anticipated to grow at a CAGR of 100.7% during (2024 - 2031). Additionally, The Europe region would witness a CAGR of 101.5% during (2024 - 2031).
By End Use
By Method
By Material Type