The construction boom is reflected in the record excavator sales, which have implications for 3D printing.

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In the ever-evolving world of construction, new technologies are constantly emerging to improve efficiency and productivity. One such technology that has caught our attention is construction 3D printing. A recent article published by the Wall Street Journal on June 9, 2023, titled “Excavator Sales Surge to Record on Heels of Boom in Construction,” highlights the strong demand for excavators in the North American market.

According to the article, excavator sales in North America increased by an impressive 23% in 2022. Industry giants such as Deere, Caterpillar, and CNH Industrial reported significant growth in sales for the first quarter of 2023, with increases ranging from 15% to 30%. The surge in excavator sales can be attributed to the ongoing construction boom, as well as the need to replace backhoes and frontend loaders with more versatile and efficient machines.

Furthermore, the article points out that the construction industry is facing labor shortages, as older, more experienced workers retire or seek less physically demanding jobs. This has further fueled the demand for excavators, as they offer construction teams the flexibility to perform multiple tasks without compromising reliability. With tax incentives provided by the Inflation Reduction Act (IRA) and the Infrastructure Act in the US, construction sales are expected to continue thriving.

What caught our attention in this article is the mention of construction 3D printers. These specialized printers, also known as construction 3D printers, utilize Building Information Modeling (BIM) technology to create prefabricated parts or even entire buildings. One company leading the way in this field is Constructions-3D, a subsidiary of Machines-3D, a French 3D printer retailer. Their MAXI PRINTER model is designed specifically for construction sites, with caterpillar-style rubber tracks and easy on-site transport capabilities.

The advantages of construction 3D printing are numerous. Firstly, it allows for the rapid and cost-effective fabrication of high-quality parts for construction equipment in need of repair. Materials ranging from stainless steel to copper can be used, ensuring durability and dependability. Additionally, construction 3D printing reduces waste production, making it a more sustainable option for the industry.

Furthermore, companies that implement construction 3D printing can also benefit from the Research and Development (R&D) Tax Credit, which is now a permanent incentive. Wages for technical employees involved in the creation, testing, and revision of 3D printed prototypes can be included as a percentage of eligible time for the R&D Tax Credit. The integration of 3D printing hardware and software, as well as the costs of consumed filaments during the development process, can also be recovered under this credit.

In conclusion, the rise in excavator sales is a positive indicator of the construction industry’s appetite for innovation. Construction 3D printing has the potential to revolutionize the industry, offering greater efficiency, cost-effectiveness, and sustainability. As we witness the positive impact of 3D printing in construction, we remain hopeful that it will pave the way for a better economy.

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