PUNE, India, May 25, 2016 /PRNewswire/ --
The report "3D Concrete Printing Market Product Type (Walls, Floors & Roofs, Panels & Lintels), Concrete Type (Ready-Mix, High-Density, Precast, Shotcrete), Software (Design, Inspection, Printing), End-Use Sector (Architectural, Industrial, Domestic) - Forecast to 2021", published by MarketsandMarkets, The market is projected to grow from USD 24.5 Million in 2015 to USD 56.4 Million by 2021, at a CAGR of 15.02%.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 181 market data Tables with 44 Figures spread through 193 Pages and in-depth TOC on "3D Concrete Printing Market"
http://www.marketsandmarkets.com/Market-Reports/3d-concrete-printing-market-10362292.html
Early buyers will receive 10% customization on this report.
The 3D Concrete Printing Market is projected to witness significant growth in the next few years with the increasing demand for new constructions all over the world due to rapid urbanization and industrialization with increased investments in the infrastructural developments in emerging markets. The 3D concrete printing process saves between 30% and 60% of construction waste, can reduce production time by 50% to 70%, and reduce labour costs by 50% to 80%. Growing interest in green construction and the significant savings that 3D concrete printing provide, compared with traditional buildings methods, have increased the demand for this technology.
Use of walls in construction sector is projected to increase during the forecast period
Walls made using 3D concrete printers are capable of creating concrete objects with great detail and precision, making it possible to conveniently construct advanced concrete walls with the push of a button. Moreover, walls that are constructed on-site using 3D concrete printer result in zero waste and are less time consuming. Thus, walls are account for a large share in the construction sector as compared to other product types. 3D concrete printing uses energy-efficient technologies, which has gained increased momentum and exposure in the construction market. Potential advantages of 3D concrete printing include quicker construction, lower labour cost, and lesser waste generation.
Domestic construction segment is projected to be the fastest-growing segment of 3D Concrete Printing Market during the forecast period
3D Concrete Printing Market, by end-use sector, is classified into three segments, namely, domestic construction, industrial construction, and architectural construction. The domestic construction segment accounted for the largest market share in 2015 due to the rising demand in residential and commercial construction, increasing demand for eco-friendly and smart constructions, increased investment in commercial developments, and growing urbanization. 3D concrete printing is transforming the domestic construction segment, with a less expensive process and affordable housing solutions. Lower material usage and lower labour costs create a less expensive construction method, which in turn creates lower-cost buildings.
Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=10362292
Asia-Pacific to play a key role in the 3D Concrete Printing Market
The growth in Asia-Pacific region is driven by factors such as the rising environmental concerns, increasing awareness towards sustainable construction, efforts towards standardization, expanding application segments, increasing urbanized population in China and India, along with the growth in disposable income in these countries are driving the growth of the Asia-Pacific 3D Concrete Printing Market.
At a global level, companies such as DUS Architects (the Netherlands), Fosters+Partners (U.K.), and WinSun Global (China) are providing 3D concrete printing services. Large construction players such as LafargeHolcim (France), Balfour Beatty PLC (U.K.), Kier Group PLC (U.K.), and Carillon PLC (U.K.) have scope to enter into 3D concrete printing services.
The scope of the report covers detailed information regarding the major factors influencing the growth of the 3D Concrete Printing Market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been conducted to provide insights into their business overview, products & services, key strategies, new product launches, agreements, and recent developments associated with the 3D Concrete Printing Market.
Browse Related Reports
Vacuum Insulation Panels Market by Core Material Type (Silica, Fiberglass, others), Type (Flat, Special Shape), Raw material (Silica, Fiberglass, Plastic, Metal, others), Application (Construction, Cooling & freezing devices, Logistics, Others) - Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/vacuum-insulation-panel-market-93263160.html
Precast/Prefabricated Construction Market by Product Type (Floors & Roofs, Walls, Columns & Beams, Others), Construction Type (Modular, Manufactured, Others), End-Use Sector (Residential, Non-Residential, Infrastructure, Others), Region - Trends & Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/prefabricated-construction-market-125074015.html
About MarketsandMarkets
MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Share this article