Global Three-Dimensional Printing Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Industry : ICT Date : March 5th, 2019
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The global 3D printing market is estimated to reach USD 38.95 billion by 2024 at a CAGR of 21.68%. The market growth is primarily driven by ease in development of customized products, rising government investments in 3D printing project, and rising adoption of 3D printing in industrial sectors. In addition, reduced manufacturing cost as well as increasing applications of 3D printing in many end-use industries is further propelling the growth of the market. The years used for the assessment are as follows:

  • Historical year : 2014, 2015 and 2016
  • Base year : 2017
  • Forecast period : 2018 – 2024

RESEARCH METHODOLOGY 

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are:

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the total 3D printing market  and it various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global 3D printing market.
  •  Finalizing the overall size and share for the global three-dimensional printing market

OBJECTIVES: 

  • To classify the global 3D printing market into segments on the basis of technology, end-use, and region and analyze their growth prospects individually
  • To analyze market trends, opportunities, drivers and restraints associated with the global three-dimensional printing market
  • Profiling key companies operating in the global 3D printing market
  • To study market response with respect to the mergers and acquisitions in the industry

MARKET SCOPE

The research scope for global three-dimensional printing market is as follows:

  • By Technology
    • Selective Laser Sintering (SLS)
    • Fused Deposition Modeling (FDM)
    • Stereo-lithography (SLA)
    • Laminated Object Manufacturing (LOM)
    • Digital Light Processing (DLP)
    • Others
  • By End-Use
    • Automotive
    • Aerospace & Defense
    • Consumer Electronics
    • Healthcare
    • Education and Industrial
    • Architecture
    • Others
  • By Region:
    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Europe
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • Taiwan
    • South Korea
    • Singapore
    • Rest of Asia-Pacific
  • Rest of the World (RoW)
    • South America
    • Middle East and Africa

Global 3D Printing Market:

The global 3D printing market is estimated to reach USD 38.95 billion by 2024 at a CAGR of 21.68%. The market growth is primarily driven by ease in development of customized products, rising government investments in 3D printing project, and rising adoption of 3D printing in industrial sectors. In addition, reduced manufacturing cost as well as increasing applications of 3D printing in many end-use industries is further propelling the growth of the market. In addition, increasing demand for 3D printing is providing an opportunity for the expansion of software oriented companies. However, high material cost may hinder the market growth to some extent over the forecast period.

With wide range of applications and increasing popularity, 3D printing has provided aerospace companies the flexibility to print specific aerospace parts and enhance manufacturing capabilities for tools. Additionally, it also facilitates lightweighting efforts for aerospace structures while increasing fuel savings, and reducing environmental impact. Moreover, the emergence of 3D printing in medical sector and automotive is further fueling the market growth. Automotive companies have experienced improved product cycle times with 3D printing specifically for assembly fixture, robotic arm tooling and test fixtures.

Geographically, North America is accounted to hold the largest market share in 2017, followed by Europe, and is expected to retain its dominance over the forecast period. Presence of prominent market players such as 3D Systems and Stratasys, and increasing government initiatives is anticipated to boost the market growth in the region over the forecast period. Furthermore, rapid adoption and demand for 3D printed parts in U.S. armed forces is also fueling the market growth upto some extent. Asia-Pacific is likely to register the highest CAGR during 2018-2024. The growing demand for consumer electronics as well as rapid urbanization is contributing to the regional growth. Moreover, increasing research and development activities coupled with growing capital investments are further augmenting the market growth in the region.

Major players operating in the global 3D printing market include 3D Systems, Inc.; 3DCeram; EnvisionTec, Inc.; Electro Optic Systems Holdings Limited; ExOne; GE Additive; HP Inc.; Materialise NV; Optomec, Inc.; Proto Labs; Voxeljet AG;  Stratasys Ltd.; SLM Solutions; and Arcam AB among others.3d Printing Market

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope & assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Three-Dimensional (3D) Printing- Market Snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global 3D Printing Market

3.4. Value Chain Analysis

3.5. Market opportunities & trends

3.5.1. Rapid growth of software companies

3.6. Market dynamics

3.6.1. Market driver analysis

   3.6.1.1. Growing demand for customized products

   3.6.1.2. Increasing applications of 3D Printing in many end-use industries

   3.6.1.3. Rising government investments

3.6.2. Market restraint analysis

   3.6.2.1. High cost of material

3.6.3. Industry Analysis-Porters five forces of analysis

CHAPTER 4. Competitive Outlook

4.1. Competitive analyses

4.2. Competitive factors

4.3. Strategies adopted

CHAPTER 5. Global Three-Dimensional Printing Market Size and Forecast (2014 – 2024)

5.1. Global 3D Printing Market , By Technology (USD Billion)

5.1.1. Selective Laser Sintering (SLS)

5.1.2. Fused Deposition Modeling (FDM)

5.1.3. Stereo-lithography (SLA)

5.1.4. Laminated Object Manufacturing (LOM)

5.1.5. Digital Light Processing (DLP)

5.1.6. Others

5.2. Global 3D Printing Market , By End-Use (USD Billion)

5.2.1. Automotive

5.2.2. Aerospace & Defense

5.2.3. Consumer Electronics

5.2.4. Healthcare

5.2.5. Education and Industrial

5.2.6. Architecture

5.2.7. Others

CHAPTER 6. Global Three-Dimensional Printing Market Size and Forecast, By Geography (2014-2024)

6.1. North America Three-Dimensional Printing Market (USD Billion)

6.1.1. North America 3D Printing Market , By Technology (USD Billion)

6.1.2. North America 3D Printing Market , By End-Use (USD Billion)

6.1.3. North America 3D Printing Market , By Country (USD Billion)

   6.1.3.1. U.S.

   6.1.3.2. Canada

   6.1.3.3. Mexico

6.2. Europe Three-Dimensional Printing Market (USD Billion)

6.2.1. Europe 3D Printing Market , By Technology (USD Billion)

6.2.2. Europe 3D Printing Market , By End-Use (USD Billion)

6.2.3. Europe 3D Printing Market , By Country (USD Billion)

   6.2.3.1. UK

   6.2.3.2. Germany

   6.2.3.3. France

   6.2.3.4. Italy

   6.2.3.5. Spain

   6.2.3.6. Rest of Europe

6.3. Asia-Pacific Three-Dimensional Printing Market (USD Billion)

6.3.1. Asia-Pacific 3D Printing Market , By Technology (USD Billion)

6.3.2. Asia-Pacific 3D Printing Market , By End-Use (USD Billion)

6.3.3. Asia-Pacific 3D Printing Market , By Country (USD Billion)

   6.3.3.1. China

   6.3.3.2. Japan

   6.3.3.3. India

   6.3.3.4. Taiwan

   6.3.3.5. Singapore

   6.3.3.6. South Korea

   6.3.3.7. Rest of Asia-Pacific

6.4. Rest of the World (RoW) Three-Dimensional Printing Market (USD Billion)

6.4.1. Rest of the World 3D Printing Market , By Technology (USD Billion)

6.4.2. Rest of the World 3D Printing Market , By End-Use (USD Billion)

6.4.3. Rest of the World 3D Printing Market , By Country (USD Billion)

   6.4.3.1. South America

   6.4.3.2. Middle East and Africa

CHAPTER 7. Key Players and Strategic Developments

7.1. 3D Systems, Inc.

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. 3DCeram

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. EnvisionTec, Inc.

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Electro Optic Systems Holdings Limited

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. ExOne

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. GE Additive

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. HP Inc.

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Materialise NV

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. Optomec, Inc.

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. Proto Labs

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

7.11. Voxeljet AG

7.11.1. Business Overview

7.11.2. Product and Service Offering

7.11.3. Financial Overview

7.11.4. Strategic Developments

7.12. Stratasys Ltd.

7.12.1. Business Overview

7.12.2. Product and Service Offering

7.12.3. Financial Overview

7.12.4. Strategic Developments

7.13. SLM Solutions

7.13.1. Business Overview

7.13.2. Product and Service Offering

7.13.3. Financial Overview

7.13.4. Strategic Developments

7.14. Arcam AB

7.14.1. Business Overview

7.14.2. Product and Service Offering

7.14.3. Financial Overview

7.14.4. Strategic Developments

Global Three-Dimensional Printing Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation and Forecast 2024