3D Printing in Jewellery Market Ecosystem 2020 | Latest Industry Update
According to AllTheResearch, the global 3D printing in Jewellery Industry - Ecosystem market will see substantial growth by 2024. The top 10 jewellery manufactures who have invested in 3D printed jewelry are Nervous System 3D Printed Jewelry, RADIAN, Diana Law, GUY & MAX, Endswell Jewelry, Pronto3D Jewelry, Ross Lovegrove 3D printed jewelry, American Pearl, Spinning Globe Pendant by Aethyr, and Anna Reikher Nature-Inspired 3D Printed Rings.
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The increasing adoption of 3D printing in designing, manufacturing, and customization of products is due to 3D printing’s ability to improve design efficiency and reduce manufacturing errors, time, and cost. The jewelry industry is one of the important industries to adopt 3D Printing. In fact, it was amongst the first industries to make use of 3D printing in the ‘investment casting’ procedure. 3D printing is being used to create patterns for investment casting and to print jewelry directly. Rather than using metal printers, wax is used by jewelers, which means that a piece of jewelry is printed or molded out of wax.
The main driver for the Jewelry Industry is the look of jewelry that hugely influences customers while making purchasing decisions. This has triggered e-commerce players to introduce augmented reality (AR) technology on their online platform. Consumers can now virtually try jewelry through AR and select the product according to their preference. Vendors like Cartlane, Lologem Jewelry - Virtual App for earrings, etc., are also offering mobile applications in both Android and iOS platforms, which enable users to try different products online, thereby allowing them to make informed decisions.
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The introduction of AR in the jewelry market will be a crucial trend that will heavily impact the growth of the 3D Printing in Jewellery Market. Changing customer choices and growing fashion consciousness have increased the demand for new and innovative jewelry designs. This has prompted jewelry manufacturers to adopt innovative manufacturing technologies such as computer-aided design (CAD), laser technology, and induction technology for jewelry designing. Several designers are also using 3D printers with rapid prototyping (RP) technology, as this technology allows designers to review design concepts and understand the requirements and complexity of any jewelry design.
Key Questions Answered in This Report:
· What is the market value of the overall market and its segments?
· What is the market value at the regional and country level?
· What are the key segments and sub-segments in the market?
· Which is the largest sub-segment in each segment in the scope of the study?
· What are the attractive segments and geographies to invest in?
· What are the macroeconomic indicators impacting the country's dynamics?
· Which are the major players present in each region and their key strategies?
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