A recent research study by MarkNtel Advisors has revealed that the North America 3D Printed Homes Market is set to record more than 50% CAGR during 2023-28. The mounting adoption of 3D printers in the construction sector to develop accurate final products with reduced production hours & costs, as well as minimized carbon footprint, is the prime aspect projected to drive the market in the future. 3D printing has gained immense acceptance in recent years owing to its ability to replace manual labor, reduce construction waste, and facilitate cost-effective, convenient, & environmentally friendly homes. Some of the recent developments in the industry include the following:
In addition, the ever-increasing integration of 3D printing technologies in residential projects also owes to the minimal logistic processes involved during construction. These printers directly mold raw material into buildings and thus eliminate the need for a wooden counterpart. Hence, with benefits like greater design freedom, reduced lead times, and digital manufacturing, 3D printing has emerged as an area of profitable prospects for the leading players operating in the North America 3D Printed Homes Market.
Extrusion & Powder Bonding Methods hold the Maximum Market Share
The extrusion method is a basic 3D printing technique used while erecting a residential building. It uses plastic filament as a primary printing material and finds application in modeling, production, & prototyping. The printing head of a 3D printer aids in filament heating & further melting. The growing use of these additive manufacturing technologies for on-site building applications is stimulating the growth of the 3D Printed Homes Market across North America. Furthermore, powder bonding methods are also witnessing a swiftly increasing demand in realizing complex structures as they are relatively less labor-intensive, time-consuming, and precisely accurate than traditional methods of building homes.
The key companies operating in the North America 3D Printed Homes Market include ALQUIST, Apis Cor., ICON Technology, Inc., Mighty Buildings, Inc., nidus3D Inc., PERI SE, SQ4D, 3D Systems, Inc., GE Additive, Massive Dimension, MudBots 3D Concrete Printing, LLC, and SIKA CORPORATION.
Key Questions Answered in the Research Report