CAGR: 9.7%Current Market Size: USD 42.6 MillionFastest Growing Region: Europe
Largest Market: APACProjection Time: 2022-2029Base Year: 2021
Global 3D House Construction market is expected to grow from USD 42.6 million in 2021 to USD 83.9 million by 2029, at a CAGR of 9.7% during the Projection period 2022-2029. The growth of this market is mainly driven owing to the increasing use of 3D printing in the construction industry.
By layer-by-layer printing concrete, polymer, or other materials on a 3D printer, 3D Construction creates construction components or entire buildings. The most common form of printer extrudes concrete back and forth using a robotic arm. Two further 3D printing techniques are powder binding and additive welding. Design flexibility is one of the most intriguing features of 3D printing. Complex designs that would be impossible, expensive, or labor-intensive to make using conventional construction techniques can be created by architects. Undoubtedly one of the most disruptive developments to appear in the last 20 years is the arrival of 3D printing. 3D printing in building has grown significantly since Professor Behrokh Khoshnevis of the University of South Carolina's initial, optimistic attempt to print a wall. In addition, 3D printing is widely employed in many different fields, including engineering, aviation, and healthcare. The technological development of the construction industry has lain inactive for several decades. However, as more stakeholders become aware of this technology's potential, 3D printing has become extremely popular in the building industry. This has significantly fueled the market for 3D printing in building over time.
Sample Request: - Global 3D House Construction Market
Market Dynamics:
Drivers:
Today, a wide range of businesses use 3D printing for product development, production, and prototype. Shorter lead times, more creative freedom, and digital production are driving the digital transformation of businesses in the automotive and construction industries. The use of 3D printing in the construction sector is growing. It is anticipated that some areas of the building will expand more quickly than others. The most difficult factors influencing this growth are the escalating environmental issues related to the trash produced by the sector, the potential for customization possibilities and architectural adaptation using this technology, and the quick development of prototype models. In addition, several advantages, including reduced human error, manufacturing flexibility, waste reduction, and design freedom, propel the market expansion for 3D printing in the construction industry.
Restraints:
Perhaps the biggest obstacle to the widespread use of 3D printing technology on construction sites is the expensive cost of procuring such equipment and the logistics required to transport these massive 3D printers to the project site. The original purchase price of a 3D printer does not include supplies or upkeep, making them pricey machines. Many construction industry professionals are now having trouble balancing the costs of 3D printing against its advantages.
Opportunities:
3D printing in construction is a new technology that substitutes a machine for physical labor to create and assemble structures. This could be a practical, affordable, and environmentally responsible way to build new structures. Construction Dive estimates that by 2025, worldwide construction trash will have doubled to more than one billion tonnes annually. Construction waste can be decreased with the aid of 3D printing. This is mainly because 3D printing is a type of additive manufacturing that only uses the needed materials.
Challenges:
For nations where the building industry is a major job and labor is less expensive, technology might not be advantageous. A project's overall cost may increase as a result of the necessary training needed by users of specialized 3D construction printers.
Segmentation Analysis:
The global 3D house construction market has been segmented based on the construction method, type, end-user, and region.
By Construction Method
The construction method segment is extrusion, powder bonding, and others. The extrusion segment led the largest share of the 3D house construction market with a market share of around 42.3% in 2021. The segment is anticipated to continue growing at the fastest CAGR and hold onto its top spot for the duration of the Projection. One of the additive manufacturing processes used for prototyping, modeling, and production applications is extrusion 3D printing, also known as fused deposition modeling. The on-site building often employs the extrusion-based technique. It permits the use of conventional building materials, including plaster, geopolymer, concrete, and cement.
By Type
The type includes basic concrete, metal, composite, and others. The concrete segment led the 3D house construction market with a market share of around 32.08% in 2021. Due to its ability to decrease cost, labour, and time while increasing overall productivity, 3D concrete printing is becoming a more and more popular alternative to traditional concrete construction. The standard concrete formwork requires highly skilled personnel, according to the research done by AM and BigRep, and as a result, the cost of the process can account for up to 60% of the project's total cost. However, it is possible to produce double-curved surfaces and organic geometry, among others, at a fraction of the cost by using 3D-printed concrete formworks.
By End-User
The end-user segment includes infrastructure and building. The building 3D house construction segment led the 3D house construction market with a market share of around 53.08% in 2021. Construction in the commercial, residential, and industrial sectors is included in the building category. For the purpose of building homes utilizing 3D printing technology, numerous construction businesses are forming agreements with 3D printer suppliers. For instance, in March 2021, construction technology company ICON and 3Strands partnered. With the help of this agreement, the previous business intended to use ICON's 3D printing technology to build two- to four-bedroom homes in Texas, one of the states' fastest-growing cities.
By Regional Analysis:
The regions analyzed for the 3D house construction market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The Asia Pacific region dominated the 3D house construction market and held 32.8% share of the market revenue in 2021.
Global 3D House Construction Market- Country Analysis:
Germany's 3D house construction market size was valued at USD 3.1 million in 2021 and is expected to reach USD 5.4 million by 2029, at a CAGR of 7.3% from 2022 to 2029.
The market is expanding in the nation due to many market participants' soaring investment chances in 3D printing. The market is expanding as a result of the robust demand from the infrastructure and building industries.
China 3D house constructions’ market size was valued at USD 4.5 million in 2021 and is expected to reach USD 10.2 million by 2029, at a CAGR of 10.8% from 2022 to 2029. The nation is the most significant market for building using 3D printing due to the presence of numerous producers. The growth is also related to the significant demand for 3D printed infrastructure and building materials.
India's 3D house construction market size was valued at USD 3.8 million in 2021 and is expected to reach USD 8.2 million by 2029, at a CAGR of 10.1% from 2022 to 2029. The need for 3D house construction is anticipated to significantly increase in the nation as a result of the growing population, increasing consumer expenditure, and advancements in the construction sector.
Key Industry Players Analysis:
To increase their market position in the global 3D house construction business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.
Latest Development:
Report Metrics
Report Attribute |
Details |
Study Period |
2021-2029 |
Base year |
2021 |
CAGR (%) |
9.7% |
Market Size |
42.6 million 2021 |
Forecast period |
2022-2029 |
Forecast unit |
Value (USD) |
Segments covered |
By Construction Method, By Type, By End User |
Report Scope |
Revenue forecast, competitive landscape, company ranking, growth factors, and trends |
Companies covered |
Yingchuang Building Technique, COBOD International A/S, Apis Cor, XtreeE, WASP S.r.l, CyBe Construction, MX3D, Contour Crafting Corp, ICON Technology, Inc, SIKA AG, Construction 3D, Monolite UK, Betabram, Rohaco, Imprimerie AG, Beijing Huashang Luhai Technology, Total Kustom, Spetsavia, and, among others. |
By Construction Method |
|
By Type |
|
By End Use |
|
Regional scope |
|
Scope of the Report
Global 3D House Construction Market by Construction Method:
Global 3D House Construction Market by Type:
Global 3D House Construction Market by End User:
Global 3D House Construction Market by Region:
The market size of 3D House Construction market in 2021 was USD 42.6 Million.
Global 3D house construction market is expected to reach USD 83.9 million by 2029, at a CAGR of 9.7% from 2022 to 2029.
United States, Germany, United Kingdom, China, and France.
Leading market players active in the global 3D house construction market are Yingchuang Building Technique, COBOD International A/S, Apis Cor, XtreeE, WASP S.r.l, CyBe Construction, MX3D, Contour Crafting Corp, ICON Technology, Inc, SIKA AG, Construction 3D, Monolite UK, Betabram, Rohaco, Imprimerie AG, Beijing Huashang Luhai Technology, Total Kustom, Spetsavia, and, among others.
Political Factors- Building information modeling is a process used in the building sector that many nations have begun to adopt and benefit from. For all the professions involved in the construction of any specific project, it increases productivity, saves time, and is cost-effective. The use of BIM in public and private construction projects is required by nations' governments, including the United Kingdom, Singapore, Hong Kong, France, Scandinavian countries, and China. Countries like the United States, Belgium, and Switzerland still fight to make BIM mandatory by acceptance of laws that were passed decades ago.
Economical Factors- In nations like the UK and the US, architects and engineers are required to accept responsibility for any harm or error they may have caused while working on the project. Due to their ignorance of BIM, they are unsure of what stage BIM should be adopted. Consequently, because they bear more risk than other construction-related professions, such as contractors and manufacturers, architects and engineers tend to take less risk and start making mistakes earlier.
Social Factor- It has been noted that in many nations, architects and engineers who work in the MEP discipline are required to take an exam every two years in order to stay current and learn the latest BIM-revised laws. This has proven to be inflexible for some people when it comes to working on BIM projects.
Technological Factors- Making a 3D model of the building will allow you to see the building and its parts, which will make it easier for the client to understand design changes and communicate effectively with the designers. A few other trends, besides BIM, can help the building industry reach milestones. In augmented reality, a model is visualized while in a real-world setting. In order to improve user experience, virtual reality provides a virtual tour of the building that is being built and, if necessary, supervises clashes and alterations. A subset of artificial intelligence called "machine learning" instructs a computer to classify algorithms, discover anomalies, and analyse time data. The 3D BIM model now includes sensors from the Internet of Things that can measure things like temperature, human movement, and energy usage patterns. Business management can better handle demand Projections and scheduling thanks to artificial intelligence.
Environmental Factors- In the past, firms would develop structures that were readily susceptible to changes in the heating load and other building components, with the potential for eventual collapse or structural damage. However, with the implementation of BIM, laws and policies have been regulated over the construction profession to take into consideration environmental factors and make building designs by them only then it will be approved by the government so that no lives are harmed at any point in time in any calamities. BIM is becoming more precise and is able to understand the mathematics required for planning and cost estimation. As a result, there will be less material waste and the building's structure will be improved.
Legal Factors- For the project's construction, many BIM codes and standards are relevant from 55 different nations. Therefore, it becomes impossible for any designer or engineer from another country to work in that country when he is unfamiliar with the regulations and standards. For this reason, businesses outsource most of their work to avoid delays. Even the materials used to build a foundation vary from nation to nation. Local designers and engineers familiar with the codes and standards can only work on it.
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