The Business Research Company’s 3D Printing Building Construction Market. The report covers market size, key players, market share and trends.
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3D Printing Building Construction Market is one of a series of new reports from The Business Research Company that provide 3D Printing Building Construction market overviews, analyze and forecast market size and growth for the whole market, 3D Printing Building Construction market segments and geographies, 3D Printing Building Construction market trends, 3D Printing Building Construction market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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The global 3D printing building construction market is expected to decline from $0.004 billion in 2019 to $0.002 billion in 2020 at a compound annual growth rate (CAGR) of -35.76%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $0.12 billion in 2023 at CAGR of 147.79%.
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The capability to build complex structures within a stipulated time for a reasonable cost is a major factor driving the demand for 3D printing building construction market. 3D printing building construction is cost-effective, saves time, provides more precision, safe, cuts labour costs, is environmentally friendly, and easily helps build complex building structures.
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