3D Printing Construction Market to offer a healthy CAGR of 239.8%
February 14, 2020
3D Printing Construction Market Overview:
3D printing construction market is likely to witness a magnificent CAGR of 239.8% during the forecast period. The growing demand for 3D printing construction is mainly due to its various advantages such as less construction time, cost-effectiveness, flexibility, less occurrence of error and great precision.
Report Overview:
This report, from Stratview Research, studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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3D Printing Construction Market Segment Insights:
Extrusion segment: The growth engine
Based on the construction method type, the market is segmented as extrusion and powder bonding. The extrusion segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period owing to its superior characteristics, such as less construction time, less chances of error, and cost effectiveness. Through extrusion process building components with complex geometrical structures can be constructed.
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https://www.stratviewresearch.com/toc/669/3d-printing-construction-market.html
Dominance of: The concrete segment
Based on the material type, the market is segmented as concrete, metal, composite, and others (foam, plastic, gypsum, and geopolymer). The concrete segment is expected to remain dominant during the forecast period owing to its various advantages, such as environmental resistance, compressive strength, cost-effectiveness, and design flexibility.
A highly/moderately/fragment consolidated Market
Some of the major players in the 3D printing construction market are Yingchuang Building Technique, XtreeE, Apis Cor, Monolite UK, CSP s.r.l., CyBe Construction, and Sika.
Regional Hegemony of Asia-Pacific
Asia-Pacific is estimated to be the largest as well as fastest growing 3D printing construction market during the forecast period, owing to the presence of a large number of manufacturers in the region. China and Thailand are the major markets of the region. The 3D printing construction market is majorly driven by increase in population and rise in construction of commercial residential buildings in the region.
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