North America Dominates Global 3D Concrete Printing Market, States MRFR in Its Topical Research Report Available at MarketPublishers.com08 Dec 2017 • by Natalie Aster
LONDON – The global 3D concrete printing market was evaluated at around USD 28 million in 2016. This market is set to follow an upward trend through to 2023, gaining traction at a 14.5% CAGR. By late 2023, the value of the 3D concrete printing market will likely amount to appr. USD 69.9 million.
Favourable government initiatives towards the infrastructure development, rising foreign direct investments in developing countries and reduced construction wastage are viewed as the key engines of the world’s 3D concrete printing market growth.
Yet, the marketplace also faces a range of growth restraints, for example, including mobility, lack of marketing campaigns and low level of awareness across the supply chain.
The world’s 3D concrete printing market is dominated by the ready mix concrete segment regarding concrete types, the residential segment regarding applications, and the walls segment regarding end-uses.
Presently, North America holds the biggest share of the worldwide 3D concrete printing market, closely followed by Europe. Driven by such factors as rising industrialisation, surging urbanisation and increasing spending capacity, the APAC 3D concrete printing market is predicted to see the highest growth rates through to 2023.
Topical research report “Global 3D Concrete Printing Market – Trends & Forecast, 2017-2023” issued by Market Research Future (MRFR) includes a profound overview of the global market for 3D concrete printing. The publication draws the whole picture of the current situation in the market on a global as well as regional scale. Moreover, it highlights the key factors influencing the global 3D concrete printing market dynamics, includes Porter’s five forces analysis and value chain analysis, provides a detailed market segmentation analysis (on the basis of concrete types, applications, end-uses and regions), identifies emerging market growth opportunities, discusses current and future possible trends, discloses statistics on the historical and current market performance. Besides, the competitive environment and top market players are reviewed in this research study. Detailed future forecasts up to 2023 are also at hand in this research report.
To find other in-demand research reports by MRFR visit the publisher's online catalogue at MarketPublishers.com.