The North America 3D Printing Construction Market is expected to witness market growth of 100.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America 3D Printing Construction Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.89 billion by 2031. The Canada market is experiencing a CAGR of 105% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 103.2% during 2024-2031.
This market represents a revolutionary shift in how buildings and infrastructure are designed and constructed. By utilizing additive manufacturing technologies, 3D printing in construction has the potential to address some of the most pressing challenges faced by the traditional construction industry, such as rising costs, labor shortages, environmental impact, and inefficiencies in building processes.
3D printing, or additive manufacturing, involves creating objects layer by layer from a digital model, typically using materials like concrete, metals, and polymers. The technique allows for rapidly fabricating complex structures in construction, offering advantages over traditional methods. With demand for housing and infrastructure growing exponentially due to urbanization, population growth, and shifting demographic patterns, 3D printing in construction is increasingly viewed as a transformative tool to meet these needs more sustainably and efficiently.
In Canada, the construction sector faces labor shortages, high material costs, and the need for faster project timelines. These challenges have spurred interest in 3D printing, which offers a solution through its ability to reduce construction time, lower costs, and minimize material waste. 3D printing technology in construction has proven to be particularly beneficial in the residential sector, where there is significant demand for affordable housing.
The increasing real estate sector is substantially influencing the growth of Mexico's 3D printing construction market. As the country’s real estate and rental and leasing industry expands, Mexico’s construction sector is transforming, driven by technological advancements and new construction methods. Therefore, the rising construction sector in Canada and the growing real estate Industry in Mexico are driving the market's growth.
The US market dominated the North America 3D Printing Construction Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.89 billion by 2031. The Canada market is experiencing a CAGR of 105% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 103.2% during 2024-2031.
This market represents a revolutionary shift in how buildings and infrastructure are designed and constructed. By utilizing additive manufacturing technologies, 3D printing in construction has the potential to address some of the most pressing challenges faced by the traditional construction industry, such as rising costs, labor shortages, environmental impact, and inefficiencies in building processes.
3D printing, or additive manufacturing, involves creating objects layer by layer from a digital model, typically using materials like concrete, metals, and polymers. The technique allows for rapidly fabricating complex structures in construction, offering advantages over traditional methods. With demand for housing and infrastructure growing exponentially due to urbanization, population growth, and shifting demographic patterns, 3D printing in construction is increasingly viewed as a transformative tool to meet these needs more sustainably and efficiently.
In Canada, the construction sector faces labor shortages, high material costs, and the need for faster project timelines. These challenges have spurred interest in 3D printing, which offers a solution through its ability to reduce construction time, lower costs, and minimize material waste. 3D printing technology in construction has proven to be particularly beneficial in the residential sector, where there is significant demand for affordable housing.
The increasing real estate sector is substantially influencing the growth of Mexico's 3D printing construction market. As the country’s real estate and rental and leasing industry expands, Mexico’s construction sector is transforming, driven by technological advancements and new construction methods. Therefore, the rising construction sector in Canada and the growing real estate Industry in Mexico are driving the market's growth.
List of Key Companies Profiled
- Stratasys, Ltd.
- 3D Systems Corporation
- Materialise NV
- Sika AG
- Skanska Group
- PCL Industrial Constructors, Inc.
- MX3D B.V.
- ABB Ltd.
- CEAD B.V.
- Constructions-3D
Market Report Segmentation
By End Use
- Building
- Infrastructure
By Method
- Extrusion
- Powder Bonding
- Other Method
By Material Type
- Concrete
- Metal
- Composite
- Other Material Type
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. North America 3D Printing Construction Market by End Use
Chapter 5. North America 3D Printing Construction Market by Method
Chapter 6. North America 3D Printing Construction Market by Material Type
Chapter 7. North America 3D Printing Construction Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Stratasys, Ltd.
- 3D Systems Corporation
- Materialise NV
- Sika AG
- Skanska Group
- PCL Industrial Constructors, Inc.
- MX3D B.V.
- ABB Ltd.
- CEAD B.V.
- Constructions-3D
Methodology
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