Press Release Description

3D Printed Homes Market Grows with North America’s Demand for Cost-Effective Homes

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 October 2022, Apis Cor raised 200,000 USD from its equity crowdfunding campaign on StartEngine in line with its aim to build easily accessible, affordable, & durable homes.
  • The same year in September, HANNAH Design Office announced its collaboration with printing experts PERI Ltd. & civil engineering firm CIVE to build the largest residential 3D printed building project in the US.

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.

Competitive Landscape

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

  1. What are the current & future trends in the North America 3D Printed Homes Market?
  2. How has the industry been evolving in terms of geography & product adoption?
  3. How has the competition been shaping across various regions, followed by their comparative factorial indexing?
  4. What are the key growth drivers & challenges for the North America 3D Printed Homes Market?
  5. What are the customer orientation, purchase behavior, & expectations from the leading players in the North America 3D Printed Homes Market?

Market Segmentation:

  1. By Construction Method (Extrusion, Powder Bonding, Others (Metal technology, Sand 3D Printing, etc.))
  2. By Construction Material (Plastic, Concrete, Metal, Composite, Others (Rice Waste, Mud, etc.))
  3. By Country (The US, Canada, Mexico)