Analysis of 3D Concrete Printing Market 2023: Identifying Lucrative Growth Opportunities (CAGR of 131.8%)
3D concrete printing market is projected to reach USD 1,256.5 billion by 2031, growing at a CAGR of 131.8%
PORTLAND, OREGON, UNITED STATES, October 4, 2023 /EINPresswire.com/ — The Allied Market Research report provides a holistic analysis of the 3D concrete printing market, focusing on different types of printing, techniques, end use sectors, and regions. The aim is to identify the opportunities in each region and country, enabling stakeholders to make informed investment decisions. The report includes quantitative analysis of the market from 2021 to 2031, with the CAGR calculated for the same period. While calculating the CAGR, all the important macro- and micro-economic factors impacting market growth are considered.
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• The report provides an extensive analysis of the current and emerging global 3D concrete printing market trends and dynamics.
• Depending on printing type, the gantry system segment was the largest revenue generator in 2021.
• By technique, the extrusion-based segment generated the highest revenue in 2021.
• Based on end-use sector, the residential segment dominated the market in 2021.
• Region wise, Asia-Pacific dominated the market in 2021. And LAMEA anticipated to dominate the global 3D concrete printing market throughout the study period.
• The global 3D concrete printing market forecast analysis from 2022 to 2031 is included in the report.
Regional Analysis
The market is analyzed across four key regions: North America, Europe, Asia-Pacific, and LAMEA. In North America, the market trends in the U.S., Mexico, and Canada are studied. Europe analysis includes Germany, France, the UK, Denmark, along with the rest of Europe. Asia-Pacific covers China, South Korea, India, Japan, and the rest of the region. LAMEA analysis includes Africa, Middle East, and Latin America.
Research Methodology
To provide a complete overview, the Allied Market Research report offers various inputs, including interviews with industry participants, trustworthy statistics, and regional data. In-house industry experts play a crucial role in developing tailor-made data models for specific industry segments. These models improve the accuracy of the market statistics and information of the different segments of the industry.
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Key Insights of the 3D Concrete Printing Market Report
The market report provides an in-depth analysis of the scope and growth rate of various segments of the industry at both the domestic and global levels. The report is based on detailed analysis of the drivers, restraints, and opportunities obtained by SWOT analysis of the market. Additionally, the report investigates the market and offers information on supplier bargaining power, competitive intensity, new competitors and their status, and the bargaining power of purchasers. For providing these data points, the Allied Market Research report utilizes Porter’s five forces so that businesses can take profit-oriented decisions and strengthen their network.
Market Trends and Opportunities
The 3D concrete printing market is witnessing the interplay of different market forces and trends across the globe. The most important factor influencing the growth of the market is the increasing cost of construction labor in developed economies of the world. As a result, there has been an increase in adoption of 3D concrete printing technologies as an alternative to manual labor. This has resulted in the expansion of the market in these countries. Also, the concrete wastage caused by manual construction work is much higher as compared to what 3D concrete printing machine results into. Thus, employing 3D concrete printing machines reduces the required amount of raw material, thereby reducing the overall cost of the project. Both these factors are anticipated to offer huge growth opportunities to the market.
Key Players
Major players in the market include:
Yingchuang Building Technique (Shanghai) Co., Ltd. (Winsun)
Cobod International A/S
Sika AG
Apis Cor
cybe construction
Holcim
XtreeE
D-shape
Skanska AB
HeidelbergCement AG
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Key Questions Answered in the Market Report
What is the estimated value of the 3D concrete printing market?
Who are the leading players in the market?
What are the top winning strategies adopted by leading players in the market?
Who are the targeted customers in this market?
David Correa
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