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Published Date: 2017-08-31Number of Pages: 208

3D Printing Market (Use - Commercial and Personal; Technology - PolyJet, Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), and Stereolithography (SLA); By Application - Consumer Products and Electronics, Automotive, Medical, Industrial, Aerospace, Military & Defense, Architecture, and Education) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Global 3D Printing Market: Snapshot

The demand in the global 3D printing market is projected to expand at a remarkable CAGR of 18.0% during the forecast period of 2017 to 2025, gaining traction from a number of factors such as strikingly higher resolution, reduction in manufacturing cost owing to recent technological advancements, ease in the development of customized products, growing possibilities of using multiple materials for printing, and government investments in 3D printing projects. While the lack of proper process control and limitations regarding product size are obstructing the global 3D printing market, the stockholders will continue to gain new opportunities from untapped end-use industries such as printed electronics, automotive, education, and jewelry. The global 3D printing market was valued at US$7.3 bn in 2016, and is estimated to reach a valuation of US$32.3 bn by the end of the forecast period, i.e. 2025.

The global 3D printing market was valued at US$7.3 bn in 2016, and is estimated to reach a valuation of US$32.3 bn by the end of the forecast period, i.e. 2025. Commercial Sector Serves Maximum Demand Witnessed in Market On the basis of use, the global 3D printing market has been segmented into commercial and personal. Commercial uses of 3D printing, which continues to serve the most significant chunk of demand, include rapid prototyping, rapid manufacturing, mass production, and mass customization. On the other hand, personal applications include printing 3D objects in-house for personal use. In 2016, the commercial segment accounted for more than half of the demand-share, contributing to US$ 5,932.3 mn of revenue.

This segment is expected to hold most prominent market share in 2025 too, growing at 17.8% CAGR during the forecast period. This is mainly due to improvement in the quality of 3D printing materials that has prompted manufacturers to incorporate 3D printing in their current manufacturing practices. Technology-wise, the global 3D printing market is bifurcated into polyjet, selective laser sintering (SLS), fused deposition modeling (FDM), and stereolithography (SLA). In 2016, polyJet technology accounted for nearly 41% of the total market share, and is anticipated to exhibit an above-average growth rate. FDM segment is the second most prominent shareholding segment, and dominates the 3D printing market in terms of volume shipment. This is a reflection of increasing demand for FDM printers for both personal and commercial use. FDM is also popular in a variety of industrial applications, from automotive to consumer goods. Application-wise, the market for 3D printing has been categorized into consumer products and electronics, automotive, medical, industrial, aerospace, military and defense, architecture, and education.

Presently, consumer product category serves the maximum demand, followed by the automotive sector, wherein 3D printing is used to print a number of parts for automobiles. Some of the examples can be interior parts such as engines, gearbox handle, gears, shafts, brakes and spare parts as well as external parts such as window frames, doors, body parts, steering handle, head and taillights. North America Emerges as Highly Lucrative Region In 2016, North America served the maximum demand among all regions wherein the 3D printing market has potential.

This was primarily a reflection of the presence of several major 3D printing market players in the country-wide made of the U.S., which is world’s fourth most populous country. In the near future, North America 3D printing market is anticipated to expand further, with increasing awareness among consumers regarding the benefits of using 3D printing in commercial and household applications. Europe follows North America in terms of the geographical market share. Germany, Italy, France, and Sweden are identified as most lucrative country-wide markets for 3D printing in the region of Europe. Asia Pacific, on the other hand, has been projected to exhibit the best CAGR among all regions under the study during the forecast period.

The Asia Pacific 3D Printing market is expected to reach US$ 8,207.3 mn by 2025. Stratasys, Ltd., Solidscape, Inc., and EOS GmbH are three companies holding stronger position in the global 3D printing market than other key players, such as Optomec, Concept Laser GmbH, Voxeljet Technology GmbH, ExOne GmbH, SLM Solutions GmbH, and Arcam AB.

 

global 3d printing market

 

 

Commercial Sector Serves Maximum Demand Witnessed in Market

On the basis of use, the global 3D printing market has been segmented into commercial and personal. Commercial uses of 3D printing, which continues to serve the most significant chunk of demand, include rapid prototyping, rapid manufacturing, mass production, and mass customization. On the other hand, personal applications include printing 3D objects in-house for personal use. In 2016, the commercial segment accounted for more than half of the demand-share, contributing to US$ 5,932.3 mn of revenue.  This segment is expected to hold most prominent market share in 2025 too, growing at 17.8% CAGR during the forecast period. This is mainly due to improvement in the quality of 3D printing materials that has prompted manufacturers to incorporate 3D printing in their current manufacturing practices.

Technology-wise, the global 3D printing market is bifurcated into polyjet, selective laser sintering (SLS), fused deposition modeling (FDM), and stereolithography (SLA). In 2016, polyJet technology accounted for nearly 41% of the total market share, and is anticipated to exhibit an above-average growth rate. FDM segment is the second most prominent shareholding segment, and dominates the 3D printing market in terms of volume shipment. This is a reflection of increasing demand for FDM printers for both personal and commercial use. FDM is also popular in a variety of industrial applications, from automotive to consumer goods.

Application-wise, the market for 3D printing has been categorized into consumer products and electronics, automotive, medical, industrial, aerospace, military and defense, architecture, and education. Presently, consumer product category serves the maximum demand, followed by the automotive sector, wherein 3D printing is used to print a number of parts for automobiles. Some of the examples can be interior parts such as engines, gearbox handle, gears, shafts, brakes and spare parts as well as external parts such as window frames, doors, body parts, steering handle, head and taillights.

North America Emerges as Highly Lucrative Region

In 2016, North America served the maximum demand among all regions wherein the 3D printing market has potential. This was primarily a reflection of the presence of several major 3D printing market players in the country-wide made of the U.S., which is world’s fourth most populous country. In the near future, North America 3D printing market is anticipated to expand further, with increasing awareness among consumers regarding the benefits of using 3D printing in commercial and household applications.

Europe follows North America in terms of the geographical market share. Germany, Italy, France, and Sweden are identified as most lucrative country-wide markets for 3D printing in the region of Europe. Asia Pacific, on the other hand, has been projected to exhibit the best CAGR among all regions under the study during the forecast period. The Asia Pacific 3D Printing market is expected to reach US$ 8,207.3 mn by 2025.

Stratasys, Ltd., Solidscape, Inc., and EOS GmbH are three companies holding stronger position in the global 3D printing market than other key players, such as Optomec, Concept Laser GmbH, Voxeljet Technology GmbH, ExOne GmbH, SLM Solutions GmbH, and Arcam AB.

Global 3D Printing Market: Overview

3D Printing Market report provides analysis for the period 2015 – 2025, wherein the period from 2017 to 2025 is the forecast and 2016 is the base year. The report covers all the major trends and technologies playing influential role in the 3D Printing market’s growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to impact market’s growth during the said period. The study provides a complete perspective on global 3D Printing market’s evolution throughout the above mentioned forecast period in terms of revenue.

The market overview section of the report demonstrates the market dynamics such as the drivers, restraints, and opportunities that influence the current nature and future status of this market, key indicators and trends. An attractiveness analysis has also been provided for every segment in the report, in order to provide a thorough understanding of the overall scenario in the 3D Printing market. Moreover, the report provides an overview of various strategies adopted by the key players present in the market. Key market indicators included in the report provide significance of the factors which are capable of changing the market scenario. These indicators are expected to define the market position during the forecast period.

This report provides all the essential information required to understand the key developments in the 3D Printing market, growth trend of each segment and companies’ strategies to efficiently compete in the market. Also, the report provides insights related to trends and its impact on the market. Furthermore, Porter’s Five Forces analysis explains the factors which are currently affecting the 3D Printing market. This report also provides the ecosystem analysis for the 3D Printing market which explains the participants of the value chain.

Global 3D Printing Market: Segmentation

The report segments the market on the basis of use, technology, application, and regionally. By use the market is further segmented as commercial and personal. On the basis of technology, the market is segmented into PolyJet, Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Stereolithography (SLA) and others. On basis of application, the segments of this market include consumer products and electronics, automotive, medical, industrial, aerospace, military, architecture, education and others. The report provides in-depth segment analysis of the global 3D printing market, thereby providing valuable insights at the macro as well as micro levels.

Geographically, the report classifies the global 3D printing market into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America; the regions are analyzed in terms of revenue generation and also included analysis of countries such as U.S., Mexico, Canada, U.K, France, Italy, Germany, China, India, Korea, Japan, Taiwan, Thailand, Malaysia, Australia, UAE, South Africa, Saudi Arabia, Brazil and Argentina. The market size and forecast for each region and country has been provided for the period from 2015 to 2025 along with the CAGR (%) for the forecast period from 2017 to 2025

Global 3D Printing Market: Competitive Landscape

The report also highlights the competitive landscape of the global 3D printing market, thereby positioning all the major players according to their presence in different regions of the world and recent key developments initiated by them in the 3D printing market. The comprehensive 3D printing market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting 3D Printing market growth.

 

Stratasys, Ltd., 3D Systems, Inc., Solidscape, Inc., EOS GmbH, ExOne GmbH, Optomec, Voxeljet Technology GmbH, Concept Laser GmbH, Arcam AB, SLM Solutions GmbH, among others, are some of the major players operating within the 3D Printing market profiled in this study. Details such as financials, SWOT analysis, business strategies, and other such strategic information pertaining to these players have been duly provided as part of company profiling.

Global 3D Printing Market Segmentation

3D Printing Market, by Use

  • Commercial
  • Personal

3D Printing Market, by Technology

  • PolyJet
  • Fused Deposition Modeling (FDM)
  • Selective Laser Sintering (SLS)
  • Stereolithography (SLA)
  • Others

3D Printing Market, by Application

  • Consumer products and electronics
  • Automotive
  • Medical
  • Industrial or business machines
  • Aerospace
  • Military & Defense
  • Architecture
  • Education
  • Others

3D Printing Market, by Geography

  • North America
    • The U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • The U.K.
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • Korea
    • Taiwan
    • Thailand
    • India
    • Malaysia
    • Australia
    • Rest of APAC
  • Middle East and Africa (MEA)
    • UAE
    • South Africa
    • Saudi Arabia
    • Rest of MEA
  • South America
    • Brazil
    • Argentina
    • Rest of South America


 
 
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