3D Printing Homes: Is Aussie Construction Ready for the Future?

Global 3D Printing Construction Market Shows Massive Growth

The global 3D printing construction market, valued at USD 10.7564 million (AUD 16.2 million) in 2022, is predicted to surge at a compound annual growth rate (CAGR) of 88.3% over the next decade, according to a recent report. This represents significant interest in the technology.

This boom is fuelled by the promise of time and cost savings compared to traditional building methods, with advocates touting accelerated infrastructure development, reduced waste, and improved site safety. The automated nature of 3D printing also minimises the potential for human error, contributing to faster production times and preprogrammed structural designs, eliminating the need for extra tools and support.

Impact of COVID-19 and Market Recovery

Like many industries, 3D printing construction faced headwinds during the COVID-19 pandemic. Lockdowns and supply chain disruptions hampered the movement of raw materials needed for 3D printer construction. However, the market is expected to bounce back strongly and continue its upward trajectory.

Industry Dynamics Driving Growth

BIM Adoption: A Key Catalyst

The adoption of Building Information Modelling (BIM) is a significant growth driver. BIM enables seamless collaboration amongst architects, engineers, developers and contractors to plan, design, and visualise structures in a unified 3D environment, facilitating the integration of 3D printing technologies into the construction process.

For Australian firms, BIM mandates on government projects are already pushing adoption rates. Linking BIM models directly to 3D printing processes could unlock further efficiencies and design possibilities.”

Cost and Waste Reduction

A major lure of 3D printing is the potential to significantly reduce both production costs and material waste. 3D printers optimise material usage, employing only the required amount. Furthermore, the ability to use recycled materials offers both environmental and cost benefits.

The cost of materials has been a pain point for construction companies down under. If 3D printing can drastically reduce material costs and decrease our project budgets then it is a game changer.

Additional Benefits

3D printing also provides:

• Fewer injuries to construction workers.
• Decreased material consumption.
• Improved safety measures.
• Reduced reliance on human labour.
• Enhanced branding and market share.
• Creation of durable and sustainable infrastructure.

Market Segmentation

The 3D printing construction market is segmented broadly by construction type, process, material, end-use, and region.

Construction Type Analysis

The **modular** segment is expected to experience substantial growth. The modular 3D printing allows manufacturers print components onsite meaning less inventory and warehousing. The customization and personalisation options provided by this method is a significant drawcard.

Process Analysis

The **Extrusion** segment is projected to dominate the market because extrusion-based 3D printing involves precise layering and deposition of concrete and other scalable material in a versatile and efficient process.

Material Analysis

The **Concrete** segment is forecast to maintain market dominance due to its speed, cost savings, enhanced saftery and improved efficiency compared to traditional methods. Automating the layer by layer process reduces the need for labour.

End-Use Analysis

The **Building** segment, including residential, commercial, and industrial construction, is projected to hold the largest market share. Urbanisation in developing countries and a proactive government is boosting infrastructure projects.

Regional Insights

Asia Pacific currently leads the global market, with significant investments in infrastructure development. However, the application of 3D printing is spreading across the world in the construction industry.

Key Market Players and Competitive Landscape

The competitive landscape emphasises the importance of technological innovation, strategic partnerships, specialisation, regulatory compliance, global expansion, cost-effectiveness, sustainability, customer support, and strong branding in the 3D printing construction market.

The leading players in the market include:

• AI Build
• Apis Cor
• Branch Technology
• Cazza Construction Company
• Centro Sviluppo Progetti
• Cybe Construction
• Icon
• Imprimere Ag
• Monolite UK
• Mx3D
• Sika
• Skanska
• WinSun
• XtreeE
• Zhuoda Group

Recent Developments

Examples of recent 3D construction:

• In April 2023, L&T builds India’s first 3D-printed post office for Rs 23 lakh, two years after launching affordable housing with 3D-printed houses.
• In August 2022, Black Buffalo 3D partnered with Presidio Advisors, granting distribution rights for NEXCON 3D construction printers, structural inks, and equipment in the Middle East, enhancing the company’s ability to meet global demand for large-scale 3D construction equipment.

What are the Obstacles?

Despite the optimism there are challenges to overcome before 3D printing becomes mainstream in Australia. Regulatory hurdles relating to building codes and standards need addressing, particularly around structural integrity and material performance of 3D-printed elements. Additionally, workforce training will be critical to ensure skilled operators and technicians are available to manage and maintain these advanced systems.

For further information on the Australian market, detailed statistics on market share, size, and revenue growth rate, refer to Polaris Market Research Industry Reports. Comprehensive analysis that provides insights into the historical context along with a market forecast outlook until 2029.

Source: Polaris Market Research. “3D Printing Construction Market Size & Growth Report, 2032.”

This article is based on a report from www.polarismarketresearch.com titled “3D Printing Construction Market Size & Growth Report, 2032”. You can find the original article here: https://www.polarismarketresearch.com/industry-analysis/3d-printing-construction-market