The market is then expected to recover and reach $0.12 billion in 2023 at CAGR of 147.79%. The 3D printing building construction market consists of the sales revenue earned by entities that construct buildings through 3D printers and offer related services. The 3D printing building construction market covered in this report is segmented by construction into modular; full building. A high initial capital investment requirement is anticipated to impact the growth of the 3D printing building construction market over the coming years. According to Winsun 3D Builders, a 3D printing construction company, the high initial investment of 3D concrete printers is currently at a level that requires high capital and decent construction projects in order to support small and medium companies to overcome the capital requirements for expansion and growth. The requirement of high initial capital to set up the process is expected to hinder the growth of the 3D printing building construction market in the forecast period. Increasing flexibility in 3D printing operations using advanced software is a major trend shaping the growth of the 3D printing building construction market. 3D printing reduces the labour costs by 50%-80%, production time by 50%-70%, and construction waste by 30%-60%. Therefore, the economic benefits offered by 3D printing construction is expected to significantly boost the market growth.

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