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Albert Roy
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October 23, 2020

3D Printing Market | Regional Data Analysis by Production, Revenue, Price and Forecast 2027

The global 3D Printing Market is estimated to reach USD 39.5 Billion in 2025 at a CAGR of 24.6%. Growing use of 3D printing in automotive industry and rising demand for prototyping and mass customization are expected to drive the 3D Printing Market during the forecast period. However, high initial investment and required maintenance expertise is expected to restrain the market during the forecast period. Use of 3D printing in aerospace industry is expected to become an opportunity for 3D Printing Market during the forecast period.

3D printing is a process in which physical objects are generated by depositing materials in layers-based on a digital model. 3D printing also referred as additive manufacturing which requires hardware, software, and materials to work together in same process. 3D printing can be used for creating simple parts and prototypes to high-end technological final products such as airplane parts and eco-friendly building among others. Key players in 3D Printing Market are 3D Systems Inc., Stratasys Ltd., Autodesk Inc., ExOne, Materialise, and Proto Labs Inc. among others.

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3D Printing Market: Drivers & Opportunity

Market Driver:

  • Growing Use of 3D Printing in Automotive Industry

Currently, Various innovations and technologies are recreating the industries across the globe with breathtaking speed. Rapid prototyping and customization is expected to grow the 3D Printing Market in the automotive industry during the next five years. The automotive companies mainly used 3D printing technology in design, manufacturing, development, and distribution process for making flexible designs, safer and lighter products, reducing cost, and reducing the lead times. Moreover, many automotive industries also use 3D printing technology to manage after-sales functions in terms of making replacement or spare parts on demand rather than investing large amounts of capital in the production of aftermarket parts. In April 2019, Audi AG expanded its 3D printing capacity for producing locally printed and custom-designed auxiliary tools to help employees on the production line. Due to these factors, the demand for 3D printing software and 3D printers is expected to increase in the automotive industry.

Market Opportunity:

  • Use of 3D Printing in Aerospace Industry

The use of 3D printing in aerospace industries has enabled companies to manufacture complex components that were impossible to manufacture using the traditional process. 3D printing application in the aerospace industry is evolving and is driven by change and innovation. 3D printing has unique capabilities to produce complex designs meeting the need of manufacturers and are keen to achieve faster speed and utilize complex designs to increase its efficiency. Apart from manufacturing the parts of aerospace, 3D printing improves the manufacturing capabilities of tools that are required to create these parts. Moreover, it can also facilitate lightweight efforts for aerospace structures, increasing fuel-saving and reducing environmental impact. Additionally, it is also used to reduce the supply chain constraints, reduce wasted materials, and limit warehouse space from traditional manufacturing processes. However, owing to these factors there are many opportunities for 3D printing which can be explored in the aerospace industry.

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3D Printing Market: Key Segments

  • Segmentation based on technology: SLA, DLP, FDM, LDM, SLS, SLM, EBM, LOM, and Others
  • Segmentation based on Component: Printer Type, Material Type, Software, and Services
  • Segmentation based on End Use Industry: Automotive, Consumer Electronics, Consumer Goods, Aerospace & Defense, Healthcare, Construction, and Others
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

3D Printing Market: Report Scope

The report on the 3D Printing Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Key Companies Covered

  • 3D Systems Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Autodesk Inc.
  • 3D Hubs B.V
  • General Electric Company
  • HP Inc.
  • Proto Labs Inc.
  • ExOne
  • Materialise
  • Formlabs
  • 3DCeram
  • Stratasys Ltd.
  • Other Key Companies

3D Printing Market: REPORT SEGMENTATION

For the scope of the report, In-depth segmentation is offered by Forencis Research

3D Printing Market, by Technology

  • Stereolithography (SLA)
  • Digital Light Processing (DLP)
  • Fused Deposition Modeling (FDM)
  • Liquid Deposition Modeling (LDM)
  • Selective Laser Sintering (SLS)
  • Selective Laser Melting (SLM)
  • Electronic Beam Melting (EBM)
  • Laminated Object Manufacturing (LOM)
  • Others

3D Printing Market, by Component

  • Printer Type
    • Desktop 3D Printers
    • Industrial 3D Printers
  • Material Type
    • Metal
    • Plastics & Polymers
    • Ceramic
    • Nylon
    • Others
  • Software
    • Scanning Software
    • Printing Software
    • Design Software
    • Inspection Software
  • Services

3D Printing Market, by End-User Industry

  • Automotive
  • Consumer Electronics
  • Consumer Goods
  • Aerospace & Defense
  • Healthcare
  • Construction
  • Others

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3D Printing Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • Taiwan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Switzerland
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

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Table of Content

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. The growing use of 3D printing in the Automotive Industry
      2. Rising Demand for Prototyping and Mass Customization
    3. Restraint
      1. High Initial Investment and Required Maintenance Expertise
    4. Opportunities
      1. Use of 3D printing in the Aerospace industry
    5. Challenges
      1. Limited Material Selection
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Micro-Economic Indicators
  6. GLOBAL 3D PRINTING MARKET BY TECHNOLOGY, Market Size in USD Million (2017-2024)
    1. Introduction
    2. Stereolithography (SLA)
    3. Digital Light Processing (DLP)
    4. Fused Deposition Modeling (FDM)
    5. Liquid Deposition Modeling (LDM)
    6. Selective Laser Sintering (SLS)
    7. Selective Laser Melting (SLM)
    8. Electronic Beam Melting (EBM)
    9. Laminated Object Manufacturing (LOM)
    10. Others
  7. GLOBAL 3D PRINTING MARKET BY COMPONENT, Market Size in USD Million (2017-2024)
    1. Introduction
    2. Printer Type
      1. Desktop 3D Printers
      2. Industrial 3D Printers
    3. Material Type
      1. Metal
      2. Plastics & Polymers
      3. Ceramic
      4. Nylon
      5. Others
    4. Software
      1. Scanning Software
      2. Printing Software
      3. Design Software
      4. Inspection Software
    5. Services
  8. GLOBAL 3D PRINTING MARKET BY END-USER INDUSTRY, Market Size in USD Million (2017-2024)
    1. Introduction
    2. Automotive
    3. Consumer Electronics
    4. Consumer Goods
    5. Aerospace & Defense
    6. Healthcare
    7. Construction
    8. Others
  9. GLOBAL 3D PRINTING MARKET BY REGION, Market Size in USD Million (2017-2024)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Spain
      6. Switzerland
      7. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Taiwan
      5. South Korea
      6. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  10. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  11. COMPANY PROFILES
    1. 3D Systems Inc.
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Autodesk Inc.
    3. 3D Hubs B.V
    4. General Electric Company
    5. HP Inc.
    6. Proto Labs Inc.
    7. ExOne
    8. Materialise
    9. Formlabs
    10. 3DCeram
    11. Stratasys Ltd.
    12. Other Key Companies
  12. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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Albert Roy
October 23, 2020, 13:44
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