At a CAGR of 87.3% 3D Printing Construction Market Report Offers Growth Prospects to Reach $750.8 billion 2031

3D Printing Construction Market Outlook 2031:

Aectual, Aeditive, Apis Cor, Branch technology, COBOD international, Constructions-3D, Contour Crafting, CyBe Construction, ICON Technology Inc., Mighty Buildings, MX3D, Peri group, Sika AG, WASP Designs, Skanska AB, XtreeE, Winsun

According to a new report published by Allied Market Research, titled,The 3D printing construction market size was valued at $1.4 billion in 2021, and is estimated to reach $750.8 billion by 2031, growing at a CAGR of 87.3% from 2022 to 2031.

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3D Printing Construction Market Overview

Construction 3D printing is a process for printing concrete, polymer, metal, or other materials layer by layer using a 3D printer to create construction pieces or full buildings. The most prevalent form of printer is one that uses a robotic arm to extrude concrete back and forth. Furthermore, 3-dimension printers are totally automated, removing the possibility of human mistake. In addition, the rise in government investments in the approaching construction sector expansion is expected to boost the 3D printing construction industry during the forecast period. 

Various governments take initiatives to enhance the living standard of citizen. For instance, in June 2019, the plan of UAE government to construct approximately 25% of new buildings in Dubai as per 3D printed buildings technology by 2025. In order to attain this target, government has selected CyBe construction. Hence, these investments are expected to provide significant growth in 3D Printing Construction Market.

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The 3d printing construction market is segmented into Construction Method, Material Type and End-User. 

On the basis of construction method, the market is divided into extrusion and power bonding.
On the basis of material type, the market is divided into concrete, metal, and composite. On the basis of end user, the market is divided into buildings and infrastructure.

Region-wise, the global 3D printing construction market share is analyzed conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

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The study of the market players covers the company overview, price analysis, and value chain, along with portfolio analysis of services and products. These players have adopted various strategies such as partnerships, new product launches, joint ventures, and mergers & acquisitions to maintain their foothold in the market.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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