3D Concrete Printing market report offers an in-depth analysis of this market across the globe. The study, aimed at providing current and prospect players in this market sharp insights to gain the advantage over their competitors. 3D Concrete Printing market report does so by providing an executive summary including all valuable market figures and exploring the favourable factors that are expected to drive the growth rate of the market, besides taking account of the restraining factors. The report also highlights the emerging trends in the global market. 3D Concrete Printing Market is expected to register a CAGR during the forecast period of (2019 – 2024).
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The Major Players Described in 3D Concrete Printing Market Report Are:
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Key Market Trends:
Residential Sector to Dominated the Market
– As a result of rapid urbanization, especially in developing countries, the demand for residential construction is increasing day-by-day.
– The market for 3D concrete printing in the residential segment has expanded globally, majorly in Asia-Pacific and other emerging economies. The demand for houses is higher than the supply in emerging nations, such as South Africa. And the rise in demand for housing in urban areas has increased and the government’s National Infrastructural Plan is supporting this growth, with new projects expected in the future.
– Furthermore, a report from the World Resources Institute estimated that 1.2 billion people currently live in cities without affordable or secure housing. In March 2018, an Austin-based robotics construction startup, ICON, announced their plan to build a community of affordable 100 3D-printed homes in El Salvador, Central America next year.
– DuBox, modular design, and off-site construction company, has already demonstrated the UAE’s first locally 3D printed concrete building from real-life construction objects. The company partnered with the University of Eindhoven in the Netherlands and the engineering consultancy firm, Witteveen+Bos, to achieve this target.
– During the fifth International Conference for Sustainable Construction Materials in Dubai, the local government has laid out a plan to have 25% of its buildings 3D-printed by 2030.
– Aforementioned factors are expected to drive the demand of the 3D concrete printing in the forecast period.
Asia-Pacific Region to Dominate the Market
– In 2018, Asia-Pacific, led by China, emerged as a major 3D concrete printing consumer due to strong government support, efforts toward standardization, and expanding application segments.
– 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
– China is expected to serve as the largest market due to its rapid industrial development and increasing urban population.
– 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.
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Scope of the Report:
3D Concrete Printing Market Covers Major Factors:
- Global 3D Concrete Printing Market Overview
- Economic Impact on Market
- Market Competition
- Global 3D Concrete Printing Market Analysis by Application
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global 3D Concrete Printing Market Effect, Factors, Analysis
- Global 3D Concrete Printing Market Forecast
Key questions answered in the report include:
- What will the market size and the growth rate be in 2024?
- What are the key factors driving the global 3D Concrete Printing market?
- What are the key market trends impacting the growth of the global 3D Concrete Printing market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global 3D Concrete Printing market?
3D Concrete Printing Market Covers Following Points in TOC:
Chapter 1: 3D Concrete Printing Market Definition
Chapter 2: Research Methodology of 3D Concrete Printing Market
Chapter 3: 3D Concrete Printing Market Executive Summary
Chapter 4: 3D Concrete Printing Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
Chapter 6: 3D Concrete Printing Market Segmentation by Types, End-User, and Applications Forecast to 2024
Chapter 7: 3D Concrete Printing Market Segmentation by Geographical Regions
Chapter 8: Competitive Landscape of 3D Concrete Printing Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
Chapter 9: Key Players for 3D Concrete Printing Market
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