Manufacturing Applications Driving the Market
Rapid prototyping is the most prominent application of 3D printing, but it is necessary to expand the technology into high volume use case. Currently, 98% of the hearing aids across the globe is manufactured with the help of 3D printing. Smartphones manufacturers are also using 3D printing technology to manufacture components of smartphones. Asia-Pacific is expected to drive the demand for 3D printing materials, owing to increasing investments in the telecommunication sector.
Consumer Electronics the Dominating End-user Industry
The global 3D printing materials market, based on end-user industry, can be broadly segmented into automotive, consumer electronics, medical, aerospace & defense, and others. Consumer electronics and automotive are expected to dominate the 3D printing materials market, as these industries use 3D printing technology for more than just prototyping to manufacture components with 3D methods. The medical industry is expected to have the third largest 3D printing materials market where it will be used to manufacture mass customized finished goods such as hearing aids.
Consumer Electronics Likely to Drive the Asia-Pacific Market
The market, based on the geographic area, is segmented into Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. In terms of consumption in 2017, North America held a significant market share, followed by Europe. North America and Europe are expected to account for around two-thirds of the total 3D printing market. Asia-Pacific is expected to be an emerging market during the forecast period with the increase in automotive and consumer electronics manufacturing facilities in China, India, and ASEAN countries.
February 2016: Sandvik announced its plans to invest USD 25 million in building a facility to manufacture metal powders for 3D printing from titanium and nickel in Sweden.
Major players: EOS GmbH Electro Optical Systems, Stratasys Ltd, Höganäs AB, Sandvik AB, and General Electric, among others.
Reason to Purchase the Report
- To understand the impact of various material type on the market.
- Analyzing various perspectives of the market with the help of Porter’s Five Forces Analysis.
- To understand the dominating material type, form, and end-user industry in the market.
- Countries expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares, and strategies employed by the major market players.
- 3-month analyst support along with the Market Estimate sheet (in Excel).
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1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Regulatory Policy Analysis
3.4 Patent Analysis
4. Market Dynamics
4.1.1 Growing Usage in Manufacturing Applications
4.1.2 Mass Customization Associated with 3D Printing
4.1.3 Government Support for Research & Development
4.2.1 High Capital Investment Requirement
4.3.1 Introduction of New Materials like Graphene Opens-up New Applications
4.3.2 Adoption of 3D Printing Technology in Home Printing
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Material Type
5.2 By Form
5.3 By End-user Industry
5.3.3 Aerospace & Defense
5.3.4 Consumer Electronics
6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.1 North America
6.1.1 United States
6.1.4 Rest of North America
6.2.2 United Kingdom
6.2.7 Rest of Europe
6.3.4 South Korea
6.3.5 ASEAN Countries
6.3.6 Rest of Asia-Pacific
6.4 South America
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
8.1 3D Systems, Inc.
8.3 Arkema S.A.
8.4 CRP Technology S.r.l
8.5 Envisiontec, Inc.
8.6 EOS GmbH Electro Optical Systems
8.7 General Electric
8.8 Höganäs AB
8.9 LPW Technology Ltd
8.10 Royal DSM N.V.
8.11 Sandvik AB
8.13 Stratasys Ltd
*List not exhaustive
**Subject to availability on public domain