North America 3D Printed Homes Market research report by Markntel Advisors is an accurate, unbiased, and reliable comprehension and study of data obtained from trustworthy and factual sources to equip the stakeholder with a well-researched and detail-driven report regarding the fluctuations in the industry.
The report aims to provide detailed information about the nooks and crannies of the industry and scrutinize all the industry’s features, factors, and elements that promise fluctuations to the market growth, including possible restraints points and more.
The Key Points Covered in The Report:
- The report is compiled systematically and methodically, with each section neatly covering its essence and influence in the market. Likewise, the report provides a credible selection of market dynamics consisting of the following major pillars of the industry’s study.
- Market Drivers
- Market Restraints
- Growth Opportunities
- Challenges
- A separate section to provide the impact of COVID-19 on the market to better grasp the fluctuation during and after the pandemic.
- Elaborated information on industry overview, specifications, definitions, suppliers, R&D status, cost structure analysis, sources, technological advancement, the further scope for improvement, applications, and more.
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Dynamics of Market -
Market Geographical Dividation – The research report geographically covers: -
· The US
· Canada
· Mexico
Market Driver: Escalating Habitat Crisis Across North America
According to the World Economic Forum, by 2030, three billion people will need improved housing. That means building 96,000 new homes every day. Thus, construction companies face immense pressure to alleviate housing shortages across the region, especially in Texas. 3D printing technology aids high-quality homes in a fraction of the time and cost of traditional construction, efficiently fixing the home crisis. Because of these benefits, the newer residential projects have witnessed the adoption of 3D printing for the past few years. For instance, a construction giant, ICON, built America’s first 3D-printed home in Austin, Texas, for which it got permission in 2018. Citing this as a lucrative opportunity, more companies are now investing in these technologies, owing to the ever-increasing demand for family homes across North America.
Market Growth Restraints: Generous Capital Investment Requirement
Despite the numerous benefits of 3D printing technology in creating affordable and durable homes, the market may face certain hindrances in terms of higher purchasing or renting costs of 3D printers. In fact, getting them to the site is itself a tedious task and is likely to impede the market growth as construction professionals are getting a bit hesitant while making adoption. In addition, the initial purchase expenditure excludes materials or maintenance, making 3D printers a bit pricey. These aspects may influence the market growth negatively in the coming years.
Analysis of Market Leading Companies
This report section covers the area in combination with an exhaustive compilation of the key players and market participants in the market, fuelling, stimulating, and regulating the industry. In addition, the report covers the business strategies, plans, initiatives, profit/loss study, mergers & acquisitions, product launches, modifications, and more to equip the stakeholder with calculative tools towards yielding higher profits. Thus, for the North America 3D Printed Homes market, the top market participants include: -
· 3D Printed Homes Providers
· ALQUIST.
· Apis Cor.
· ICON Technology, Inc.
· Mighty Buildings, Inc.
· nidus3D Inc.
· PERI SE
· SQ4D
· 3D Printed Technology Providers
· 3D Systems, Inc.
· GE Additive
· Massive Dimension
· MudBots 3D Concrete Printing, LLC
· SIKA CORPORATION
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Segmental Division of the Market
The market is highly divaricated and bifurcates into various segments. These bifurcations are represented in the report grouped on the basis of a common element, and thus further investigation is performed. Furthermore, the report provides data on each high-performer segment in each group of features and information about the reasons behind the part acquiring a higher share or flourishing more in the industry. Thus, a deep analysis of various market elements is presented by categorizing the segments. As a result, the market is spread in the following:
By Construction Method
o Extrusion
o Powder Bonding
o Others (Metal technology, Sand 3D Printing, etc.)
By Construction Material
o Plastic
o Concrete
o Metal
o Composite
o Others (Rice Waste, Mud, etc.)
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