The global 3D printing market size was valued at $10.79 billion in 2018, and is projected to reach $44.56 billion by 2026, growing at a CAGR of 21.9% from 2019 to 2026.
3D printing, also known as desktop fabrication or additive printing technology, allows manufacturers to develop objects using a digital file and variety of printing materials. The materials used in 3D printing include various types of polymers, metals, and ceramics. 3D printing offers methodologies that makes manufacturing of complex designs an apparent reality.
The report analyzes and forecasts the 3D printing market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2019 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global 3D printing market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the 3D printing market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides size (in terms of volume and value) of 3D printing market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
Key Players Insights
The key 3D printing market leaders profiled in the report include 3D Systems, Arcam AB, Autodesk, Inc., Stratasys Ltd, The ExOne Company, Hoganas AB, Optomec, Inc., Organovo Holdings, Inc., Ponoko Limited, and Voxeljet AG. These key players adopt several strategies such as, new product launch and development, acquisition, partnership and collaboration and business expansion to increase the 3D printing market share during the forecast period. In August 2018, 3D System entered into partnership with Georg Fischer AG (GF), which enable manufacturers to produce complex metal part within tight tolerances and reduce the total cost of operation, also it provides automation that includes software for enhanced part design, 3D printers, and automated material handling.
In addition, the company launched its new DMP Flex 100 and DMP Dental 100 3D printers, which offers superior quality, versatility & throughput for entry-level metal 3D printing and dental applications. Furthermore, Hoganas, a global 3D printing company entered into agreement with automotive and aerospace industries to provide 3D printing machines. This 3D printing produced small and geometrically complex components and its binder jetting technology captured fine details at a high resolution of 35 µm.
Segmentation:
By Technology
SLA
FDM
SLS
EBM
DLP
Others
By Component
Hardware
Software
Services
By End User
Automotive
Healthcare
Industrial
Consumer electronics
Aerospace & defense
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
France
Germany
Netherlands
Norway
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.
Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.
The study objectives of this report are:
Turboexpander Market (By Product Type: Axial, Radial; By Loading Device: Compressors, Generator, Hydraulic; By Power Capacity, By End Use, By Application) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022 – 2030
Read more...Point-of-Sale Terminals Market (By Product: Fixed, Mobile: By Component: Hardware, Software; By Deployment: Cloud, On-premise; By End Use: Healthcare, Retail) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022 – 2030
Read more...IoT Microcontroller Market (By Product: 8 Bit, 16 Bit, 32 Bit; By Application: Industrial Automation, Smart Homes, Consumer Electronics) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2022 – 2030
Read more...Underwater Robotics Market (By Type: Remotely Operated Vehicle (ROV), Autonomous Underwater Vehicles (AUV); By Application: Defense & Security, Commercial Exploration, Scientific Research, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030
Read more...Camping Cooler Market (By Volume: <25 quarts, 25-50 quarts, 50-75 quarts, 75-100 quarts, >100 quarts; By Product: Hard, Soft, Others; By Application: Dry camping, Backpacking, Off-road/RV camping, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030
Read more...