Portland, OR -- (SBWIRE) -- 06/13/2017 -- 3D Concrete printing is a new technology that uses 3D printers for construction of buildings. This technology enables construction in much less time compared to other conventional practices. It reduces the amount of waste generated during construction, labor costs and production time. The 3D concrete printing market is majorly driven by the need for new, sustainable, eco-friendly, and smart housing solutions. The speed and affordability of building also adds up to the market driver. The only factor that can restrain the growth of this market is the doubts or lack of knowledge in some people or organizations related to printing techniques. The increasing research and development in this field can create a lot of opportunities for new market players.
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On the basis of end-use of 3D concrete printing, the market is segmented into architectural, industrial, domestic, and others. Further, the domestic segment is bifurcated into residential and non-residential. The domestic sector is expected to show highest growth in the future owing to the growing demand for eco-friendlier and cost-effective practices in this sector. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific accounts for the largest portion of the revenue generated due to the presence of emerging economies like India, China, Japan and others. High population, rapid industrialization & urbanization and increasing concern for human health and environmental pollution will continue to benefit the market in this area.The major companies are making huge investments to develop machines that can construct buildings on a large scale. The demand for such printers will rise in the future due to rapid industrialization and urbanization. The companies profiled in this report include manufacturers, contractors and raw material vendors. These are DUS Architects, Fosters+Partners,
Skanska, Lafarge, WinSun Global, Carilliom Plc, Sika, and Balfour Beatty.
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3D CONCRETE PRINTING MARKET SEGMENTS
Market by Product type
-Panels & lintels
Market by Concrete type
-Ready mix concrete
Market by End-use
-Others (sports, education, and health care)
Market by Geography