tmrFebruary 12, 2021
3D Printing in Construction Market: Introduction
Transparency Market Research delivers key insights on the global 3D printing in construction market. In terms of revenue, the global 3D printing in construction market is estimated to expand at a CAGR of ~
33% during the forecast period, owing to numerous factors regarding which, TMR offers thorough insights and forecasts in its report on the global 3D printing in construction market.
3D printing in construction is a technology used to construct buildings and infrastructure accurately in less time at a price lower than that of the traditional construction method. In the 3D printing technology, along with hardware and materials, software is also an important element for the development of industrial 3D printing operations. 3D printing in construction uses various types of materials. Based on material type, the global 3D printing in construction market has been classified into concrete, metal, composite, plastic, and others. Among these materials, concrete is largely used for the construction of 3D printed buildings. Furthermore, based on printing method, the global 3D printing in construction market has been classified into extrusion, power bonding, and others. Among these, the extrusion method is largely adopted, as the material is precisely applied layer by layer to construct buildings or infrastructure in this method. This is helpful to reduce the wastage of construction material and make the process cost efficient. This, in turn, is expected to boost the global 3D printing in construction market during the forecast period.