11:26 AM 3D Printing Construction Market Size to Grow at a CAGR of 239.8% |
3D printing construction market is likely to witness a magnificent CAGR of 239.8% during the forecast period, according to a newly added report by Stratview Research. 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.
The report offers detailed insights in relevant market segments, their growth rates, latest market trends, forecasts, and other important details. The market has been segmented in four ways and the report has more than 150 figures and tables providing the most comprehensive information about the market segments and their growth prospects for the forecast period. Request a sample of the report here As per the report, among different method types, 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. 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. Based on the end-use sector type, the 3D printing construction market is segmented as building and infrastructure. The building segment leads the market. The growth can be attributed to the increase in population, which is giving rise to construction of new houses in the urban and sub-urban areas globally, an upsurge in the construction of non-residential buildings and institutes is also a major reason for the dominance of this segment. View the Table of Contents here 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. Read the Full Report Description here The report further mentions about the key manufacturing players Yingchuang Building Technique, XtreeE, Apis Cor, Monolite UK, CSP s.r.l., CyBe Construction, and Sika. who are emerging fast and their roles in the growing market. It also portraits the important mergers, acquisitions, and other current happenings in the 3d printing construction market that can be helpful for the interested clients in analysing the market and taking right decisions accordingly. Salient Features of the Report The report on 3d printing construction market is a well-researched work after analysing of various data from different reliable sources. The report included some of the salient features such as: • Market structure, • Market environment analysis, • Market trend and forecast analysis, • Market segment trend and forecast, • Competitive landscape and dynamics, • Attractive market segments and associated growth opportunities, • Emerging trends, • Strategic growth opportunities for the existing and new players, • Key success factors About Stratview Research: Stratview Research is a global research company offering custom research and marker research reports for interested client in different sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Healthcare & Life Sciences, and Oil & Gas. All the reports generated are based on proper data collected from reliable sources and are scrutinized carefully before releasing so that the interested clients and companies can make the most out of it. For inquiries, Contact: Ritesh Gandecha Stratview Research E-mail: sales@stratviewresearch.com Direct: +1-313-307-4176 |
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