Global 3D Concrete Printing Market (2018 – 2023) research report is expected to register a CAGR of around 17% over a five years forecast period. Additionally, 3D Concrete Printing market report also examines the market by discussing market dynamics such as opportunities, threats, challenges, drivers, restrictions, and other trends of market. The growing adoption of multi-factor techniques is expected to aid the growth to 3D Concrete Printing market, during the forecast period.
List of Key players operating in the Global 3D Concrete Printing Market are –
- Balfour Beatty
- Carillion Group (PwC)
- Dus Architects
- Foster + Partners
- HEIDELBERGCEMENT AG
- Kier Group plc
- KOHN PEDERSEN FOX ASSOCIATES PC
- Sika AG
- UNIVERSE ARCHITECTURE BV
- Yingchuang Building Technique (Shanghai) Co.Ltd. (WinSun)
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The global 3D concrete printing market is expected to register a CAGR of around 17% during the forecast period, 2018 to 2023. Asia-Pacific accounted for the largest market in 2017. Asia-Pacific is also expected to register the fastest growth during the forecast period.
Increasing Investments in Infrastructure Due to Rapid Urbanization and Industrialization
The Asia-Pacific construction sector is the largest in the world, and is increasing at a healthy rate, owing to the rising population, increase in middle-class income, and urbanization. Increasing infrastructure construction activity is the major driver for the Asia-Pacific construction sector. In addition, the entry of major players from the EU into the lucrative market of China has further fueled the industry’s expansion. Owing to their business potential, countries, like Indonesia, China, Malaysia, Singapore, and South Korea have become hosts to numerous national and international events. This move has accelerated the demand for hotels, shopping malls, high-rise buildings, and arenas and stadiums (both outdoor and indoor), thereby boosting the construction industry in the respective regions. Thus, construction activity has been growing in the Asia-Pacific, which is expected to boost the 3D concrete printing market.
Residential to Dominate the Market
As a result of rapid urbanization, especially in the developing countries, the demand for residential construction is increasing day-by-day. The market for 3D concrete printing in the residential segment has grown globally, majorly in Asia-Pacific and other emerging economies. The demand for houses is higher than the supply in the emerging nations, such as South Africa, where a rise in demand for housing and growth in new residents in urban areas have increased and the government’s National Infrastructural Plan is supporting this growth, with new projects expected in the future. Moreover, the Government of Saudi Arabia planned to invest in the affordable house-building program. The Saudi government’s white land tax initiative to address the country’s housing shortage has also augmented residential construction industry growth. These investments for residential constructions and further improvement in the market scenario have increased the market for 3D concrete printing in the residential segment.
Asia-Pacific to Dominate the Market
In 2017, Asia-Pacific, led mainly by China, emerged as a major 3D concrete printing consumer due to strong government support, efforts towards standardization, and expanding application segments. China is expected to serve as the largest market due to its rapid industrial development and increasing urbanized population. Moreover, technologically advanced countries in Europe are projected to lead the field in the digitalization and further industrialization of concrete construction.
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Key Answers Catch in Analysis are:
– Which geographical region would have more demand for 3D Concrete Printing product/services?
– What are the business strategies accepted by leading players in the 3D Concrete Printing region-wise market?
– Which country would see the precipitous rise in CAGR & annual 3D Concrete Printing growth?
– What is the ongoing & estimated 3D Concrete Printing market size in the upcoming years?
– What is the 3D Concrete Printing market possibility for long-term investment?
– What type of opportunity would the country provide for current and 3D Concrete Printing market new players?
– What are the risk and challenges involved in 3D Concrete Printing suppliers?
– What are the factors which would propel the demand for the 3D Concrete Printing product in coming years?
– What is the impact study of numerous factors in the growth of the Global 3D Concrete Printing market?
– What are the latest trends in the regional 3D Concrete Printing market and how prosperous they are?
Reasons to Purchase 3D Concrete Printing Market Report:
- The report analyses how stringent emission control norms will drive the global 3D Concrete Printing market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major 3D Concrete Printing market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
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3D Concrete Printing Market Report TOC Includes:
- Overview of 3D Concrete Printing market, scope of report and include research phases
- 3D Concrete Printing market insight based on industry analysis and forecast analysis
- Covers market drivers, restraints and opportunity faced by market
- Market segmentation and analysis by product types and applications
- Regional market analysis based on market size, growth rate and forecast year
- Competitive analysis based on mergers and joint ventures
- Share recent development and strategies of current 3D Concrete Printing market
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