360 MARKET UPDATES Report provides a 360-degree overview of the global 3D Concrete Printing Market with special emphasis on all aspects including drivers, restraints, and opportunities, market and regional segmentation.
Report Title: “Global 3D Concrete Printing Market – Segmented by Concrete Type, Product Type, End-user Industry, and Geography – Growth, Trends, and Forecast (2018 – 2023)”
Global “3D Concrete Printing Market” is expected to register a CAGR of approximately around 17% during the forecast period of (2018 – 2023). Also, 3D Concrete Printing Market report provides the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and 3D Concrete Printing Analysis.
3D Concrete Printing market Report provides a 360-degree overview of the global 3D Concrete Printing market with special emphasis on all aspects including drivers, restraints, and opportunities, market and regional segmentation.
3D Concrete Printing Market Report Covers Leading Manufacturers: Balfour Beatty, Carillion Group (PwC), Dus Architects, Foster + Partners, HEIDELBERGCEMENT AG, Kier Group plc, KOHN PEDERSEN FOX ASSOCIATES PC, LafargeHolcim, Sika AG, Skanska, 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 industryâs 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 governmentâs 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 governments white land tax initiative to address the countrys 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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Reasons to Purchase 3D Concrete Printing Market Report:
- Identification of key factors instrumental in changing the market scenario, exploiting new opportunities, and gaining a competitive edge.
- Analysing various perspectives of the market with the help of Porter’s five forces analysis.
- The authentication mode is likely to witness the highest adoption of these systems in the market.
- The regions that are expected to witness the fastest growth during the forecast period.
- The SWOT analysis for key players and a detailed study of their current strategic interests and key financial performance indicators.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
“We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.”
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