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3D Printing Market - Global Outlook and Forecast 2020-2025

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    Report

  • 368 Pages
  • August 2020
  • Region: Global
  • Arizton
  • ID: 5137062
UP TO OFF until Aug 31st 2022
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

FEATURED COMPANIES

  • 3D Hubs
  • Denford
  • Groupe Gorgé
  • Markforged
  • Organovo
  • Sculpteo
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global 3D Printing Market Report

The 3D printing market by revenue is expected to grow at a CAGR of over 18% during the period 2019–2025.

The global 3D printing industry has been on a stable growth path over the last decade. 3D printing has opened a plethora of opportunities for mankind. It is permeating many industries and sectors, thereby creating ways to explore new products. The 3D printing market has been growing tremendously in the last decade, and it is witnessing investments by both public and private enterprises. Several governments across the world are keen to invest in this domain, and they have already started investing in the same. The US, UK, Germany, France, and China are the leading countries with the highest adoption and investment rates. The automotive industry is expected to expand at the fastest pace because of the growing acceptance of the technology in automotive part manufacturing. 3D printing technology is largely adopted in the aerospace and defense sectors. The aircraft industry is among the early adopters of the technology.

3D printing continues its industrialization journey despite the outbreak of the COVID-19 pandemic. It is supporting the battle against the COVID-19 pandemic. As many hospitals struggle to get critical medical supplies, this technology has emerged as a solution that enables a quick response to certain supply chain shortages. The agility offered by 3D printing can be useful not only during this pandemic. 3D printing materials for medical applications must be developed for medical environments, meaning that they must withstand high temperatures and be biocompatible. While such materials do exist on the 3D printing market, their variety is much lower than that of more common thermoplastics.

The following factors are likely to contribute to the growth of the 3D printing market during the forecast period:
  • Developing Sustainable Future with 3D Printing
  • Scalability from Rapid Prototyping to Production
  • Accelerated Growth due to 3D Printing Software Evolution
  • Increased Initiatives and Spend by Government Agencies

The study considers the present scenario of the 3D Printing market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.

3D Printing Market Segmentation

The global 3D printing market research report includes a detailed segmentation by component, end-user, application, process, and geography. 3D printers have grown exponentially in recent years as they become cheaper, more efficient, and more capable. The demand for faster speed and higher printing reliability has driven manufacturers to shift their focus on metal 3D printing to production applications. The industrial 3D printing market is growing at a significant rate around the globe, particularly in developed economies as large manufacturers are likely to use this technology to reduce production costs. Electrics and electronics, food and beverage, aerospace, automobile, and healthcare are the main end-users of commercial printers.

The industrial machinery industry is the largest revenue-generating segment. The demand for 3D printing in this industry is growing as the industry is witnessing a slow shift toward efficient production techniques and optimum resource utilization. The UK and Switzerland are the leading countries in the overall manufacturing climate, followed by the US, Japan, and Canada due to their strategies, cost factors, labor contributions, and infrastructure.

The aerospace and defense industry has been an early adopter of this technology and continues as a contributor to market growth. The demand for this technology in the aerospace industry is expected to increase during the forecast period owing to the high standard of parts performance and accuracy.

3D printing can be particularly useful for prototyping of jewelry design, architecture, or electronics in the manufacturing of mechanical components, cases, architectural templates, props, and practical consumer goods. Rapid prototyping is a cost-effective option for almost any 3D concept from small pieces to massive outputs. The increasing application in healthcare, manufacturing, and construction, and consumer goods and electronics is expected to drive the 3D printing market in prototyping.

The increase in consumer electronics consumption is expected to increase the demand for the tooling segment. The focus on product customization fuels the requirement for new molds and dyes designed for the manufacturing of products. In addition, the growth of renewable energy systems requires sophisticated and professionally designed dye molds and machine tools to produce parts. Owing to the demand for product customization, the increased use of consumer electronics and electrical appliances, and the growth in renewable energy, the demand for equipment is projected to rise at a remarkable pace during the forecast period. Furthermore, advancements such as penetration of IoT and automation are projected to offer several lucrative opportunities during the forecast period.

Segmentation by Component
  • 3D Printers
  • By Sub-products
  • Personal/Desktop
  • Professional
  • Design
  • Industrial
  • BY Machine Type
  • Metal
  • Polymer
  • Ceramic and Others
  • 3D Printing Software
  • 3D Materials
  • 3D Printing Services
Segmentation by End-user
  • Industrial Machinery
  • Aerospace & Defense
  • Healthcare
  • Automotive
  • Consumer Products
  • Others
Segmentation by Application
  • Prototyping
  • Tooling
  • Functional Part Manufacturing
Segmentation by Process
  • Extrusion
  • VAT Polymerization
  • Powder Bed Fusion
  • Material Jetting
  • Others

INSIGHTS BY GEOGRAPHY

The 3D printing services market in North America thrives on the ongoing surge in industrial automation in the region. It is witnessing a healthy growth of industries such as manufacturing, chemicals, and energy. The US is the largest market for industrial 3D printers in the world followed by Japan, Germany, and China. Industries are open toward the adoption of these printers as systems for rapid prototyping. The deployment of such printers could save such costs while demonstrating higher efficiency, greater flexibility, and reduced waste at the same time. Thus, these devices are witnessing demand from the manufacturing industry in the country. The efficient use of materials, along with minimized human errors, product customization, and reduced production time and cost, is the main driving factor in the market. However, the high cost of software and the lack of skilled labor limit the growth of 3D printing market share in North America.

Segmentation by Geography
  • North America
  • US
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Sweden
  • APAC
  • China
  • Japan
  • South Korea
  • Australia
  • India
  • Singapore
  • Latin America
  • Brazil
  • Mexico
  • Middle East & Africa
  • Saudi Arabia
  • UAE
  • Saudi Arabia

INSIGHTS BY VENDORS

The 3D printing industry is growing, with new companies and investors investing in the market. The introduction of new 3D hardware printing firms has turned the market more dynamic, thus more profitable than ever. The 3D printing market remains a diverse environment, with technology not generally interconnected around each of the core segments. Therefore, greater connectivity is required, which is an important prerequisite for 3D printing as a digital production technology. Businesses are adopting this technology as part of digital transformation strategies, as the COVID-19 pandemic threatens to impact processes and create supply chain shortages. Digitization provided by this technology will provide companies the efficiency and agility they need to fix supply chain challenges and change consumer demands.

Prominent Vendors
  • 3D Systems
  • ARC Group
  • EOS GmbH
  • HP
  • Materialise
  • Proto Labs
  • Stratasys
  • SLM Solutions Group AG
  • EnvisionTEC
  • GE Additive
  • XYZprinting
  • Desktop Metal

Other Prominent Vendors
  • 3D Hubs
  • Aleph Objects
  • Carbon
  • Cookson Precious Metals (Cooksongold)
  • ExOne
  • Kraftwurx
  • Autodesk
  • Voxeljet
  • New Kinpo Group
  • Beijing Tiertime Technology
  • Formlabs
  • Groupe Gorgé
  • Ultimaker
  • Höganäs
  • Koninklijke DSM
  • M3D
  • Makexyz
  • Markforged
  • Mcor Industries
  • Monoprice
  • Optomec
  • Ponoko
  • Renishaw
  • Nano Dimension
  • Organovo
  • Prototype Projects
  • SGD
  • Simplify3D
  • Sculpteo
  • Shapeways
  • Denford
  • Ricoh Company
  • Trinckle
  • BigRep
  • ReaLizer
  • Taulman3D

KEY QUESTIONS ANSWERED

1. What is the global 3D printing market size and growth rate during the forecast period?
2. What are the factors impacting the growth of the 3D printing market shares?
3. How is the growth of the industrial machinery segment influencing the growth of the 3D printing market trends?
4. Who are the leading vendors in the 3D printing market, and what is their market share?
5. What is the impact of the COVID-19 pandemic on the 3D printing market?

FEATURED COMPANIES

  • 3D Hubs
  • Denford
  • Groupe Gorgé
  • Markforged
  • Organovo
  • Sculpteo

1 Research Methodology2 Research Objectives3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope Of The Study
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.2 3D Printing Versus Traditional Manufacturing
8 Impact Of COVID 19
8.1 Overview
8.2 COVID-19 Impact On Global Trade
8.3 COVID-19 Impact On 3D Printing Market
9 Market Opportunities & Trends
9.1 Creating A More Sustainable Future With 3d Printing
9.2 Scalability From Rapid Prototyping To Production
9.3 Accelerated Growth Due To Evolution Of 3d Printing Software
10 Market Growth Enablers
10.1 Initiatives And Spending By The Government
10.2 Flexibility & Ease Of Developing Customized Products
10.3 Increasing Research & Development Activities
11 Market Restraints
11.1 Lack Of Digital Infrastructure, Skill Set, And High Initial Investment
11.2 High Production Time And Lack Of Industrial Standards
11.3 3D Printing Effects On Environment
12 Market Landscape
12.1 Market Overview
12.2 Market Size & Forecast
12.3 Component Type
12.4 Process Type
12.5 End Users
12.6 Application Type
12.7 Geography
12.8 Five Forces Analysis
13 Value Chain Analysis
13.1 Overview
14 Component Type
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 3D PRINTER
14.4 Software
14.5 Services
14.6 Materials
15 End User
15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.3 Industrial Machinery
15.4 Aerospace
15.5 Healthcare
15.6 Automotive
15.7 Consumer Products
15.8 Others
16 Application Type
16.1 Market Snapshot & Growth Engine
16.2 Market Overview
16.3 Prototyping
16.4 Tooling
16.5 Functional Part Manufacturing
17 Process
17.1 Market Snapshot & Growth Engine
17.2 Market Overview
17.3 Extrusion
17.4 VAT Polymerization
17.5 Powder Bed Fusion (Polymer & Metal)
17.6 Material Jetting
17.7 Others
18 Geography
18.1 Market Snapshot & Growth Engine
18.2 Geographic Overview
19 North America
19.1 Market Size & Forecast
19.2 Component Type
19.3 Process Type
19.4 End Users
19.5 Application Type
19.6 Key Countries
19.7 US
19.8 Canada
20 Europe
20.1 Market Size & Forecast
20.2 Component Type
20.3 Process Type
20.4 End Users
20.5 Application Type
20.6 Countries
20.7 Key Countries
20.8 Germany
20.9 UK
20.10 Italy
20.11 France
20.12 Spain
20.13 Sweden
21 APAC
21.1 Market Size & Forecast
21.2 Component Type
21.3 Process Type
21.4 End Users
21.5 Application Type
21.6 Countries
21.7 Key Countries
21.8 China
21.9 Japan
21.10 South Korea
21.11 Australia
21.12 India
21.13 Singapore
22 Latin America
22.1 Market Size & Forecast
22.2 Component Type
22.3 Process Type
22.4 End Users
22.5 Application Type
22.6 Countries
22.7 Key Countries
22.8 Brazil
22.9 Mexico
23 Middle East & Africa
23.1 Market Size & Forecast
23.2 Component Type
23.3 Process Type
23.4 End Users
23.5 Application Type
23.6 Countries
23.7 Key Countries
23.8 Saudi Arabia
23.9 UAE
23.10 South Africa
24 Competitive Landscape
24.1 Competition Overview
25 Key Company Profiles
25.1 3D SYSTEMS
25.2 ARC Group
25.3 EOS
25.4 HP
25.5 Materialise
25.6 Proto Labs
25.7 Stratasys
25.8 SLM Solutions
25.9 Envisiontec
25.10 GE ADDITIVE
25.11 XYZPRINTING
25.12 DESKTOP METAL
26 Other Prominent Vendors
26.1 3D Hubs
26.2 Aleph Objects
26.3 Carbon
26.4 Cookson Precious Metals
26.5 Exone
26.6 Kraftwurx
26.7 Autodesk
26.8 Flashforge
26.9 Voxeljet
26.10 New Kinpo Group
26.11 Beijing Tiertime Tech
26.12 Formlabs
26.13 Groupe Gorgé
26.14 Ultimaker
26.15 Höganäs
26.16 Koninklijke DSM
26.17 M3D
26.18 MAKEXYZ
26.19 Markforged
26.20 MCOR Technologies
26.21 MONOPRICE
26.22 OPTOMEC
26.23 PONOKO
26.24 Renishaw
26.25 Nano Dimension
26.26 Organovo
26.27 Prototype Projects
26.28 SGD
26.29 SIMPLIFY3D
26.30 SCULPTEO
26.31 Shapeways
26.32 Denford
26.33 RICOH Company
26.34 Trinckle
26.35 Bigrep
26.36 REALIZER
26.37 TAULMAN3D
27 Report Summary
27.1 Key Takeaways
27.2 Strategic Recommendations
28 Quantitative Summary
28.1 GLOBAL
28.2 Component Type
28.3 PROCESS TYPE
28.4 Application Type
28.5 End-Users
28.6 North America
28.7 Europe
28.8 APAC
28.9 Latin America
28.10 Middle East & Africa
29 Appendix
29.1 Abbreviations
  • 3D Systems
  • ARC Group
  • EOS GmbH
  • HP
  • Materialise
  • Proto Labs
  • Stratasys
  • SLM Solutions Group AG
  • EnvisionTEC
  • GE Additive
  • XYZprinting
  • Desktop Metal
  • 3D Hubs
  • Aleph Objects
  • Carbon
  • Cookson Precious Metals (Cooksongold)
  • ExOne
  • Kraftwurx
  • Autodesk
  • Voxeljet
  • New Kinpo Group
  • Beijing Tiertime Technology
  • Formlabs
  • Groupe Gorgé
  • Ultimaker
  • Höganäs
  • Koninklijke DSM
  • M3D
  • Makexyz
  • Markforged
  • Mcor Industries
  • Monoprice
  • Optomec
  • Ponoko
  • Renishaw
  • Nano Dimension
  • Organovo
  • Prototype Projects
  • SGD
  • Simplify3D
  • Sculpteo
  • Shapeways
  • Denford
  • Ricoh Company
  • Trinckle
  • BigRep
  • ReaLizer
  • Taulman3D

Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.

Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.



 

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