3D Printing Market In Construction Industry – Future Scope

The global 3D printing market size in the construction market earned a revenue of $175 million in 2018 and expected to grow at a CAGR of 14.89% during the forecast period 2019-2025.

Hyderabad, India - July 18, 2019 /MarketersMedia/ —

IndustryARC has published a new market research report on the 3D printing in the construction market. The report highlights the increasingly growing usage of 3D printing in the manufacturing of small components for the construction industry. According to this report, the growing demand for safe and precise construction in accordance with environment conservation standards will drive the market growth. In 2018, the global 3D printing market size in the construction market earned a revenue of $175 million and expected to grow at a CAGR of 14.89% during the forecast period 2019-2025.

The report covers 3D printing in the construction market size by Product and applications, 3D printing in the construction market share by top 5 companies and also the market share by start-ups during the forecast period.

View Full Table Of Contents @ https://www.industryarc.com/Report/18132/3d-printing-in-construction-market.html

‘The current business environment has become highly competitive as the leading industries are challenged by the demand for quality, safety, productivity and environmental protection. 3D printing in construction allow fast and accurate construction of complex and customized items with low labor costs and less waste production,’ says the analyst of 3D printing in construction market report. Further analysis by the same include analytical study of many key market players such as Zhuoda Group, WinSun Company, Cazza Construction Company, Belatchew Arkitekter, Apis Cor, Tecnalia, Contour Crafting Corp., BetAbram, Acciona S.A, and Skanska S.A.

Severe housing crisis faced by an increasing number of citizens and expanding urbanization will majorly impact the growth of 3D printing in construction market. Since the labor cost is increasing, construction companies are gravitating towards the usage of 3D printing in construction as it helps in lowering the manufacturing cost. The usage has expanded to the point that these printers are being used for manufacturing of entire 3D printed buildings as a quick solution to world’s ongoing housing crisis. With APAC region housing some of the world’s most densely populated regions including India, China, and the Middle-East, it became the geographical leader of the market with a regional share of 34% in 2018.

Talk to one of our sales representative about the full report by providing your details in the link below:
https://www.industryarc.com/support.php?id=18132

3D printing in construction is being disrupted by several new applications such as space companies including NASA and SpaceX considering their usage for constructing buildings on extraterrestrial bodies. Various extraterrestrial printed structures on Mars and the Moon have been virtually implemented using this technique. However, key application segment of the 3D printing in construction market remains to be residential which is set to rise with a CAGR of 12.56% through 2025.

Related Reports:

A. Building Information Modelling Market
https://www.industryarc.com/Report/16193/building-information-modeling-market.html

B. Big Data Market
https://www.industryarc.com/Report/17921/big-data-market-in-smarter-cities.html

About IndustryARC:
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

Contact Info:
Name: Venkat Reddy
Email: Send Email
Organization: IndustryARC
Phone: +1-614-588-8538
Website: https://www.industryarc.com/Domain/4/chemicals-materials-market-research.html

Source URL: https://marketersmedia.com/3d-printing-market-in-construction-industry-future-scope/88898358

Source: MarketersMedia

Release ID: 88898358

More News From 24-7 Reporters

Ukrainian leader felt Trump pressure before taking office

Jan 18, 2020

KYIV, Ukraine — More than two months before the phone call that launched the impeachment inquiry into President Donald Trump, Ukraine's newly elected leader was already worried about pressure from the U.S. president to investigate his Democratic rival Joe Biden. Volodymyr Zelenskiy gathered a small group of advisers on May 7 in Kyiv for a meeting that was supposed to be about his nation's energy needs. Instead, the group spent most of the three-hour discussion talking about how to navigate the insistence from Trump and his personal lawyer Rudy Giuliani for a probe and how to avoid becoming entangled in...

Europe's specialty food makers brace for US tariffs

Jan 18, 2020

MILAN — European producers of premium specialty agricultural products like French wine, Italian Parmesan and Spanish olives are facing a U.S. tariff hike due Friday with a mix of trepidation and indignation at being dragged into a trade war they feel they have little to do with. The tariffs on $7.5 billion on a range of European goods were approved by the World Trade Organization as compensation for illegal EU subsidies to plane maker Airbus. The U.S. has some leeway in deciding what goods it puts tariffs on. So while it is taxing European aircraft goods an extra 10%, it...

The Latest: British govt insists there is Brexit progress

Jan 18, 2020

BRUSSELS — The Latest on Britain's plans to leave the European Union (all times local): 10 a.m. The British government says talks with the European Union are making progress, despite the lack of a breakthrough overnight. Prime Minister Boris Johnson's office says talks are resuming Wednesday after a "constructive" session that lasted late into the night in Brussels. Johnson is eager to strike a deal at an EU summit starting Thursday so the U.K. can leave the bloc in good order on the scheduled date of Oct. 31. But both sides say gaps remain over plans for maintaining an open...

Bulgarian prime minister condemns soccer racism

Jan 18, 2020

SOFIA, Bulgaria — Bulgarian Prime Minister Boyko Borissov condemned the racist behavior of his country's soccer fans on Tuesday, a day after the national team played England in a European Championship qualifying match. Local fans made Nazi salutes and directed monkey noises at the black players on England's national team. England won 6-0, but the match was halted twice in an effort to stop the abuse. "It is unacceptable that Bulgaria, one of the most tolerant countries in the world where people of different ethnicities live in peace, to be associated with racism and xenophobia," Borissov wrote in a post...

Kosovo election winner in no rush to restart Serbia talks

Jan 18, 2020

PRISTINA, Kosovo — A left-wing party leader poised to become Kosovo's next prime minister said Tuesday he isn't in any rush to restart formal talks intended to normalize relations with Serbia and won't lift the previous government's 100% tariff on Serb imports. In a general election held Sunday, Albin Kurti's Movement for Self-the Determination, or Vetevendosje, defeated center-right political groupings formed by former Kosovo Liberation Army fighters who had governed since 2007. Kosovo, a former Serbian province, declared independence in 2008, a decade after an insurrection by KLA fighters and Serbian strongman Slobodan Milosevic's bloody crackdown launched a 1998-99 war....

Sign up now!

About Us

24-7 Reporters publishes up-to-the-minute news 24 hours a day, 7 days a week. Our certified reporters are among the most experienced, well-trained and talented across the globe, covering issues resonating progressives in every corner of the world.

Contact us: sales[at]24-7reporters.com