3D Printing Hardware Market - Forecasts from 2019 to 2024

The 3D printing hardware market is projected to grow at a CAGR of 23.41% by 2024. The process of 3D printing includes the making of 3D solid objects using 3D printers. The growth of the market is attributed to significant growth of various industries like consumer electronics, healthcare and automotive among others and their growing focus towards cost reduction is further inclining them towards adoption of advanced technologies which is further expected to increase the adoption of 3D printing technology thus boosting the demand for 3D printing hardware further fueling the market growth during the forecast period. By region, North America is expected to hold a significant share, being an early adopter of technology and the presence of a large number of players in the region.

This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the 3D printing hardware value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the 3D printing hardware market.

The major players profiled in the 3D printing hardware market include Stratasys Ltd., The Exone Company, Ultimaker BV, Xjet, HP, and SLM Solutions Group among others.

Segmentation

The 3D printing hardware market has been analyzed through the following segments:

By Technology

Vat Photopolymerization
Stereolithography
Digital Light Processing
Continuous Digital Light Processing

Metal Extrusion
Material Jetting
Binder Jetting
Direct Energy Deposition

Powder Bed Fusion
Multi Jet Fusion
Selective Laser Sintering
Direct Metal Laser Sintering / Selective Laser Melting
Electron Beam Melting

Sheet Lamination

By End-User

Healthcare
Automotive
Aerospace and Defence
Construction

Others

By Geography

North America
South America
Europe
Middle East and Africa
Asia Pacific