However, higher production cost, expensive 3D printing software, shortage of skilled labor and inability to manufacture massive outputs are inhibiting the market growth. Moreover, application of 3D printing in different industries and manufacturing process are creating opportunities for the market. The economies of scale gained due to advancement in technology and enhanced manufacturing process will boost the market in future.
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Stereolithography has the largest revenue and accounted for more than 30% of the total market. While, Electron beam melting is anticipated to be the fastest growing technology segment with a CAGR of around 30% during the forecast period. Polymer occupies major share of the global market and Metals segment is estimated to be the fastest growing segment and is expected to grow at a CAGR of more than 38% during the forecast period. Consumer products segment remains the largest application segment with more than 20% of the market share, whereas healthcare application segment is estimated to grow at the highest CAGR over the forecast period.
North America is expected to represent more than 35% of the market share, while Asia Pacific is the fastest growing market led by the rapid adoption of 3D printing in the developing industrial sectors. Demand for 3D printing is anticipated to increase in countries such as Japan, China, and South Korea owing to the rising adoption and implementation of 3D printing in diverse industrial applications.
Some of the key players in the market include 3D Systems, Stratasys, Envisiontec, Exone, Luxexcel, Materialise NV, MCOR Technologies Ltd, Optomec Inc, Voxeljet AG, Microtec Gesellschaft Für Mikrotechnologie MBH, Amazon.Com, Inc., HP Inc, Canon Inc., ARC Group Worldwide, Inc., Oxford Performance Materials Inc., EOS GmbH and SLM Solutions Group AG.
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Scope of the Report:
Technologies Covered:
• Stereolithography (SL)
• Electron Beam Melting
• Jetting Technology
o Binder-Jetting Technology
o Poly Jet
• Laser Sintering
o Direct Metal Laser Sintering (DMLS)
o Selective Laser Sintering (SLS)
• Deposition Modelling
o Wax Deposition Modelling
o Fused Deposition Modelling (FDM)
• Laminated Object Manufacturing
• Three Dimensional Printing
• Other Technologies
o Digital Light Processing
o Multiphase Jet Solidification (MJS)
Materials Covered:
• Polymers
o Photopolymer
o Thermoplastic
• Metals
o Alumide
o Gold
o Graphene
o Silver
o Steel
o Titanium
o Other Metals
• Ceramics
o Glass
o Quartz
o Silica
o Other Ceramics
• Other Materials
o Clay
o Edible Materials
o Laywood
o Paper
o Porcelain
o Wax
o Bio-Compatible Material
End Users Covered:
• Aerospace & Defense
• Automotive
• Consumer Products
• Education and Research
• Government and Defense
• Healthcare
• Industrial Products
• Food & Culinary
• Jewelry
• Architecture & Construction
• Printed Electronics
• Energy
• Other End User
o Arts
o Forensics
Forms Covered:
• Powder
• Liquid
• Filament
Printers Covered:
• Industrial Printer
• Desktop 3D Printers
Applications Covered:
• Functional Parts
• Prototyping
• Tooling
Softwares Covered:
• Inspection Software
• Scanning Software
• Design Software
• Printer Software
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
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