3D Concrete Printing Market to Reach $40.65 Bn, Globally, by 2027 at 106.5% CAGR: Allied Market Research

News provided by

Sep 23, 2020, 09:15 ET

PORTLAND, Ore., Sept. 23, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "3D Concrete Printing Market by Printing Type (Gantry system and Robotic arm), Technique (Extrusion-based and Powder-based), and End-use Sector (Residential, Commercial, and Infrastructure): Global Opportunity Analysis and Industry Forecast, 2020–2027." According to the report, the global 3D concrete printing industry was estimated at $310.9 million in 2019, and is anticipated to hit $40.65 billion by 2027, registering a CAGR of 106.5% from 2020 to 2027.

Drivers, restraints, and opportunities-

High cost for skilled labor in developed nations, increase in focus on minimizing waste generation, and mass customization in enhanced architecture fuel the growth of the global 3D concrete printing market. On the other hand, high capital cost and limited size of the printer curb the growth to some extent. Nevertheless, rapid urbanization is expected to create multiple opportunities in the industry.

Covid-19 scenario-

The outbreak of Covid-19 brought in a number of regulations and the real estate market was hugely impacted in the first phase of the lockdown. Accordingly, the demand for such building technology that uses computer-operated robots which can imprint 3D structures for buildings has also been declined to a significant extent.
Nevertheless, with several government bodies coming along with relaxations on the existing regulations, the global 3D concrete printing market is expected to get back to its position soon.

Download Report Sample (210 Pages PDF with Insights) @ https://www.alliedmarketresearch.com/request-sample/1550

The gantry system segment to dominate by 2027-

Based on printing type, the gantry system segment accounted for nearly three-fifths of the global 3D concrete printing market share in 2019 and is projected to rule the roost by the end of 2027, due to its capacity to print large size designs. The robotic arm segment, on the other hand, would grow at the fastest CAGR of 110.7% throughout the forecast period, owing to its ability to function from multiple axis leading to flexibility in printing complex designs.

The extrusion-based segment to maintain the dominant share-

Based on technique, the extrusion-based segment accounted for more than four-fifths of the global 3D concrete printing market revenue in 2019 and expected to lead the trail by 2027. This is attributed its easy maneuver. Simultaneously, the powder-based segment would register the fastest CAGR of 111.7% during the study period, owing to its high strength.

Get detailed COVID-19 impact analysis on the 3D Concrete Printing Market: https://www.alliedmarketresearch.com/request-for-customization/1550?reqfor=covid

North America garnered the major share in 2019-

Based on geography, North America held the major share in 2019, generating more than two-fifths of the global 3D concrete printing market, due to rise in awareness about its advantages amongst the users in the province. At the same time, LAMEA would portray the fastest CAGR of 117.4% from 2020 to 2027, owing to rapid urbanization of several developing countries in the region.

Key players in the industry-

Cobod International A/S
CyBe Construction
Yingchuang Building Technique (Shanghai) Co., Ltd. (Winsun)
Heidelbergcement AG (Italcementi SpA)
LafargeHolcim
Apis Cor
Sika AG
Skanska, D-shape
XtreeE

Interested in Procure Data? Visit Here: https://www.alliedmarketresearch.com/3d-concrete-printing-market/purchase-options

Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request for 14 days free trial of before buying:

https://www.alliedmarketresearch.com/avenue/trial/starter

Similar Reports We Have:

Ready-Mix Concrete Market: Global ready-mix concrete market is projected to reach $766,636 million by 2026, growing at a CAGR of 5.5% from 2019 to 2026.

Translucent Concrete Market: Global translucent concrete market is expected to reach $21,022.8 thousand in 2027, growing at a CAGR of 39.9% from 2020 to 2027.

Concrete Pumps Market: Global concrete pumps market is projected to reach $4,853.2 million by 2027, registering a CAGR of 4.0% from 2020 to 2027.

Construction & Demolition Waste Recycling Market: Global construction & demolition waste recycling market is expected to reach $149,190.9 million by 2027, registering a CAGR of 2.7% from 2020 to 2027.

Construction Lasers Market: Global construction lasers market is expected to reach $3,363.0 million by 2025, growing at a CAGR of 4.4% from 2018 to 2025.

Pre-Book Now with 12% Discount:

Concrete and Cement Market - Global Opportunity Analysis and Industry Forecast, 2020-2027

Concrete Placing Equipment Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

About Us:

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 domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact us:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
[email protected]
Web: https://www.alliedmarketresearch.com
Follow us on: LinkedIn Twitter