+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

3D Technology Market By Product, Application: Global Opportunity Analysis and Industry Forecast, 2021-2030

  • PDF Icon

    Report

  • 250 Pages
  • February 2022
  • Region: Global
  • Allied Market Research
  • ID: 5578311
The global 3D technology market size is projected to reach $703.4 billion by 2030 from $171.4 billion in 2020, growing at a CAGR of 16.3% from 2021 to 2030. 3D printing technology enables rapid prototyping technology to become a popular technology in the past few years. As input material capabilities are expanding, it is ultimately resulting in lower cost of technology usage for small businesses. Traditional manufacturing processes normally follow steps such as casting, forging and milling; but with the help of 3D selective laser melting technology, it is possible to develop most complex models.

Also, 3D printing technology is expected to change manufacturing processes. Moreover, it will help to produce the product as per customer requirements. Luxurious motor cycle can be made using combination of CNC machine and 3D printing technology.

The prominent factors that impact the 3D technology market growth are rise in demand for 3D technology in entertainment industry, surge in demand for 3D technology-based devices in consumer electronics, and government initiatives toward the use of 3D product. However, high maintenance costs of 3D devices restricts the market growth. On the contrary, high adoption of 3D cameras, scanners, sensors, printers, and displays in military and defense is expected to create lucrative opportunities for the market. Therefore, these factors are expected to affect the global 3D technology industry during the forecast period.

The 3D technology market share is segmented on the basis of product, application, and region. By product, the market is categorized into 3D printing, 3D glasses, 3D display, 3D imaging, 3D camera, and 3D scanner. Depending on application, it is separated into media & entertainment, automotive, industrial, healthcare, military & defense, and others.

Region-wise, the 3D technology market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).North America is dominating the market, due to an increase in adoption of enhanced technologies in industrial sectors.

Competitive analysis and profiles of the major 3D technology market players, such as 3D Systems Corporation, American Paper Optics, Autodesk Inc., ExOne Company, Panasonic Corporation, Stratasys Ltd., TomTec Imaging Systems GmbH, Hexagon AB, Vicon Motion Systems Ltd., are focusing their investment on technologically advanced, cost-effective, and more secure products and solutions for various applications.

Key Market Segments


By Product

  • 3D Printing
  • 3D Glasses
  • Active Glasses
  • 3D Display
  • 3D Imaging
  • 3D Camera

By Application

  • Media & Entertainment
  • Automotive
  • Industrial
  • Healthcare
  • Military and Defense
  • Others

By Region

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY MARKET PLAYERS

  • 3D Systems Corporation
  • American Paper Optics
  • Autodesk Inc
  • ExOne Company
  • Panasonic Corporation
  • Stratasys Ltd
  • TomTec Imaging Systems GmbH
  • Hexagon AB
  • Vicon Motion Systems Ltd

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. Cxo Perspective
Chapter 3: Market Landscape
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power Among Buyers
3.4. Market Share Analysis/Top Player Positioning
3.4.1. Market Share Analysis/Top Player Positioning 2020
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. Covid-19 Impact Analysis
Chapter 4:3D Technology Market, by Product
4.1. Market Overview
4.1.1Market Size and Forecast, by Product
4.2. 3D Printing
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Share Analysis, by Country
4.3. 3D Glasses
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Share Analysis, by Country
4.4. 3D Display
4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Share Analysis, by Country
4.5. 3D Imaging
4.5.1. Key Market Trends, Growth Factors and Opportunities
4.5.2. Market Size and Forecast, by Region
4.5.3. Market Share Analysis, by Country
4.6. 3D Camera
4.6.1. Key Market Trends, Growth Factors and Opportunities
4.6.2. Market Size and Forecast, by Region
4.6.3. Market Share Analysis, by Country
Chapter 5:3D Technology Market, by Application
5.1. Market Overview
5.1.1Market Size and Forecast, by Application
5.2. Media and Entertainment
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Share Analysis, by Country
5.3. Automotive
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Share Analysis, by Country
5.4. Industrial
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Share Analysis, by Country
5.5. Healthcare
5.5.1. Key Market Trends, Growth Factors and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Share Analysis, by Country
5.6. Military and Defense
5.6.1. Key Market Trends, Growth Factors and Opportunities
5.6.2. Market Size and Forecast, by Region
5.6.3. Market Share Analysis, by Country
5.7. Others
5.7.1. Key Market Trends, Growth Factors and Opportunities
5.7.2. Market Size and Forecast, by Region
5.7.3. Market Share Analysis, by Country
Chapter 6:3D Technology Market, by Region
6.1. Market Overview
6.1.1Market Size and Forecast, by Region
6.2. North America
6.2.1. Key Market Trends and Opportunities
6.2.2. Market Size and Forecast, by Product
6.2.3. Market Size and Forecast, by Application
6.2.4. Market Size and Forecast, by Country
6.2.5. U. S. 3D Technology Market
6.2.5.1. Market Size and Forecast, by Product
6.2.5.2. Market Size and Forecast, by Application
6.2.6. Canada 3D Technology Market
6.2.6.1. Market Size and Forecast, by Product
6.2.6.2. Market Size and Forecast, by Application
6.2.7. Mexico 3D Technology Market
6.2.7.1. Market Size and Forecast, by Product
6.2.7.2. Market Size and Forecast, by Application
6.3. Europe
6.3.1. Key Market Trends and Opportunities
6.3.2. Market Size and Forecast, by Product
6.3.3. Market Size and Forecast, by Application
6.3.4. Market Size and Forecast, by Country
6.3.5. UK 3D Technology Market
6.3.5.1. Market Size and Forecast, by Product
6.3.5.2. Market Size and Forecast, by Application
6.3.6. Germany 3D Technology Market
6.3.6.1. Market Size and Forecast, by Product
6.3.6.2. Market Size and Forecast, by Application
6.3.7. France 3D Technology Market
6.3.7.1. Market Size and Forecast, by Product
6.3.7.2. Market Size and Forecast, by Application
6.3.8. Italy 3D Technology Market
6.3.8.1. Market Size and Forecast, by Product
6.3.8.2. Market Size and Forecast, by Application
6.3.9. Rest of Europe 3D Technology Market
6.3.9.1. Market Size and Forecast, by Product
6.3.9.2. Market Size and Forecast, by Application
6.4. Asia-Pacific
6.4.1. Key Market Trends and Opportunities
6.4.2. Market Size and Forecast, by Product
6.4.3. Market Size and Forecast, by Application
6.4.4. Market Size and Forecast, by Country
6.4.5. China 3D Technology Market
6.4.5.1. Market Size and Forecast, by Product
6.4.5.2. Market Size and Forecast, by Application
6.4.6. Japan 3D Technology Market
6.4.6.1. Market Size and Forecast, by Product
6.4.6.2. Market Size and Forecast, by Application
6.4.7. India 3D Technology Market
6.4.7.1. Market Size and Forecast, by Product
6.4.7.2. Market Size and Forecast, by Application
6.4.8. South Korea 3D Technology Market
6.4.8.1. Market Size and Forecast, by Product
6.4.8.2. Market Size and Forecast, by Application
6.4.9. Rest of Asia-Pacific 3D Technology Market
6.4.9.1. Market Size and Forecast, by Product
6.4.9.2. Market Size and Forecast, by Application
6.5. Lamea
6.5.1. Key Market Trends and Opportunities
6.5.2. Market Size and Forecast, by Product
6.5.3. Market Size and Forecast, by Application
6.5.4. Market Size and Forecast, by Country
6.5.5. Latin America 3D Technology Market
6.5.5.1. Market Size and Forecast, by Product
6.5.5.2. Market Size and Forecast, by Application
6.5.6. Middle East 3D Technology Market
6.5.6.1. Market Size and Forecast, by Product
6.5.6.2. Market Size and Forecast, by Application
6.5.7. Africa 3D Technology Market
6.5.7.1. Market Size and Forecast, by Product
6.5.7.2. Market Size and Forecast, by Application
Chapter 7: Company Profiles
7.1. 3D Systems Corporation
7.1.1. Company Overview
7.1.2. Key Executives
7.1.3. Company Snapshot
7.1.4. Operating Business Segments
7.1.5. Product Portfolio
7.1.6. Business Performance
7.1.7. Key Strategic Moves and Developments
7.2. American Paper Optics
7.2.1. Company Overview
7.2.2. Key Executives
7.2.3. Company Snapshot
7.2.4. Operating Business Segments
7.2.5. Product Portfolio
7.2.6. Business Performance
7.2.7. Key Strategic Moves and Developments
7.3. Autodesk Inc
7.3.1. Company Overview
7.3.2. Key Executives
7.3.3. Company Snapshot
7.3.4. Operating Business Segments
7.3.5. Product Portfolio
7.3.6. Business Performance
7.3.7. Key Strategic Moves and Developments
7.4. Exone Company
7.4.1. Company Overview
7.4.2. Key Executives
7.4.3. Company Snapshot
7.4.4. Operating Business Segments
7.4.5. Product Portfolio
7.4.6. Business Performance
7.4.7. Key Strategic Moves and Developments
7.5. Panasonic Corporation
7.5.1. Company Overview
7.5.2. Key Executives
7.5.3. Company Snapshot
7.5.4. Operating Business Segments
7.5.5. Product Portfolio
7.5.6. Business Performance
7.5.7. Key Strategic Moves and Developments
7.6. Stratasys Ltd
7.6.1. Company Overview
7.6.2. Key Executives
7.6.3. Company Snapshot
7.6.4. Operating Business Segments
7.6.5. Product Portfolio
7.6.6. Business Performance
7.6.7. Key Strategic Moves and Developments
7.7. Tomtec Imaging Systems GmbH
7.7.1. Company Overview
7.7.2. Key Executives
7.7.3. Company Snapshot
7.7.4. Operating Business Segments
7.7.5. Product Portfolio
7.7.6. Business Performance
7.7.7. Key Strategic Moves and Developments
7.8. Hexagon Ab
7.8.1. Company Overview
7.8.2. Key Executives
7.8.3. Company Snapshot
7.8.4. Operating Business Segments
7.8.5. Product Portfolio
7.8.6. Business Performance
7.8.7. Key Strategic Moves and Developments
7.9. Vicon Motion Systems Ltd
7.9.1. Company Overview
7.9.2. Key Executives
7.9.3. Company Snapshot
7.9.4. Operating Business Segments
7.9.5. Product Portfolio
7.9.6. Business Performance
7.9.7. Key Strategic Moves and Developments
7.10. Company 10
7.10.1. Company Overview
7.10.2. Key Executives
7.10.3. Company Snapshot
7.10.4. Operating Business Segments
7.10.5. Product Portfolio
7.10.6. Business Performance
7.10.7. Key Strategic Moves and Developments
List of Tables
Table 1. Global 3D Technology Market, by Product, 2020-2030 ($Million)
Table 2. Global 3D Technology Market for 3D Printing, by Region, 2020-2030 ($Million)
Table 3. Global 3D Technology Market for 3D Glasses, by Region, 2020-2030 ($Million)
Table 4. Global 3D Technology Market for 3D Display, by Region, 2020-2030 ($Million)
Table 5. Global 3D Technology Market for 3D Imaging, by Region, 2020-2030 ($Million)
Table 6. Global 3D Technology Market for 3D Camera, by Region, 2020-2030 ($Million)
Table 7. Global 3D Technology Market, by Application, 2020-2030 ($Million)
Table 8. Global 3D Technology Market for Media and Entertainment, by Region, 2020-2030 ($Million)
Table 9. Global 3D Technology Market for Automotive, by Region, 2020-2030 ($Million)
Table 10. Global 3D Technology Market for Industrial, by Region, 2020-2030 ($Million)
Table 11. Global 3D Technology Market for Healthcare, by Region, 2020-2030 ($Million)
Table 12. Global 3D Technology Market for Military and Defense, by Region, 2020-2030 ($Million)
Table 13. Global 3D Technology Market for Others, by Region, 2020-2030 ($Million)
Table 14. Global 3D Technology Market, by Region, 2020-2030 ($Million)
Table 15. North America 3D Technology, by Product, 2020-2030 ($Million)
Table 16. North America 3D Technology, by Application, 2020-2030 ($Million)
Table 17. U.S 3D Technology, by Product, 2020-2030 ($Million)
Table 18. U.S 3D Technology, by Application, 2020-2030 ($Million)
Table 19. Canada 3D Technology, by Product, 2020-2030 ($Million)
Table 20. Canada 3D Technology, by Application, 2020-2030 ($Million)
Table 21. Mexico 3D Technology, by Product, 2020-2030 ($Million)
Table 22. Mexico 3D Technology, by Application, 2020-2030 ($Million)
Table 23. Europe 3D Technology, by Product, 2020-2030 ($Million)
Table 24. Europe 3D Technology, by Application, 2020-2030 ($Million)
Table 25. UK 3D Technology, by Product, 2020-2030 ($Million)
Table 26. UK 3D Technology, by Application, 2020-2030 ($Million)
Table 27. Germany 3D Technology, by Product, 2020-2030 ($Million)
Table 28. Germany 3D Technology, by Application, 2020-2030 ($Million)
Table 29. France 3D Technology, by Product, 2020-2030 ($Million)
Table 30. France 3D Technology, by Application, 2020-2030 ($Million)
Table 31. Italy 3D Technology, by Product, 2020-2030 ($Million)
Table 32. Italy 3D Technology, by Application, 2020-2030 ($Million)
Table 33. Rest of Europe 3D Technology, by Product, 2020-2030 ($Million)
Table 34. Rest of Europe 3D Technology, by Application, 2020-2030 ($Million)
Table 35. Asia-Pacific 3D Technology, by Product, 2020-2030 ($Million)
Table 36. Asia-Pacific 3D Technology, by Application, 2020-2030 ($Million)
Table 37. China 3D Technology, by Product, 2020-2030 ($Million)
Table 38. China 3D Technology, by Application, 2020-2030 ($Million)
Table 39. Japan 3D Technology, by Product, 2020-2030 ($Million)
Table 40. Japan 3D Technology, by Application, 2020-2030 ($Million)
Table 41. India 3D Technology, by Product, 2020-2030 ($Million)
Table 42. India 3D Technology, by Application, 2020-2030 ($Million)
Table 43. South Korea 3D Technology, by Product, 2020-2030 ($Million)
Table 44. South Korea 3D Technology, by Application, 2020-2030 ($Million)
Table 45. Rest of Asia-Pacific 3D Technology, by Product, 2020-2030 ($Million)
Table 46. Rest of Asia-Pacific 3D Technology, by Application, 2020-2030 ($Million)
Table 47. LAMEA 3D Technology, by Product, 2020-2030 ($Million)
Table 48. LAMEA 3D Technology, by Application, 2020-2030 ($Million)
Table 49. Latin America 3D Technology, by Product, 2020-2030 ($Million)
Table 50. Latin America 3D Technology, by Application, 2020-2030 ($Million)
Table 51. Middle East 3D Technology, by Product, 2020-2030 ($Million)
Table 52. Middle East 3D Technology, by Application, 2020-2030 ($Million)
Table 53. Africa 3D Technology, by Product, 2020-2030 ($Million)
Table 54. Africa 3D Technology, by Application, 2020-2030 ($Million)
Table 55. 3D Systems Corporation: Key Executives
Table 56. 3D Systems Corporation: Company Snapshot
Table 57. 3D Systems Corporation: Operating Segments
Table 58. 3D Systems Corporation: Product Portfolio
Table 59. 3D Systems Corporation: Key Strategic Moves and Developments
Table 60. American Paper Optics: Key Executives
Table 61. American Paper Optics: Company Snapshot
Table 62. American Paper Optics: Operating Segments
Table 63. American Paper Optics: Product Portfolio
Table 64. American Paper Optics: Key Strategic Moves and Developments
Table 65. Autodesk Inc: Key Executives
Table 66. Autodesk Inc: Company Snapshot
Table 67. Autodesk Inc: Operating Segments
Table 68. Autodesk Inc: Product Portfolio
Table 69. Autodesk Inc: Key Strategic Moves and Developments
Table 70. Exone Company: Key Executives
Table 71. Exone Company: Company Snapshot
Table 72. Exone Company: Operating Segments
Table 73. Exone Company: Product Portfolio
Table 74. Exone Company: Key Strategic Moves and Developments
Table 75. Panasonic Corporation: Key Executives
Table 76. Panasonic Corporation: Company Snapshot
Table 77. Panasonic Corporation: Operating Segments
Table 78. Panasonic Corporation: Product Portfolio
Table 79. Panasonic Corporation: Key Strategic Moves and Developments
Table 80. Stratasys Ltd: Key Executives
Table 81. Stratasys Ltd: Company Snapshot
Table 82. Stratasys Ltd: Operating Segments
Table 83. Stratasys Ltd: Product Portfolio
Table 84. Stratasys Ltd: Key Strategic Moves and Developments
Table 85. Tomtec Imaging Systems Gmbh: Key Executives
Table 86. Tomtec Imaging Systems Gmbh: Company Snapshot
Table 87. Tomtec Imaging Systems Gmbh: Operating Segments
Table 88. Tomtec Imaging Systems Gmbh: Product Portfolio
Table 89. Tomtec Imaging Systems Gmbh: Key Strategic Moves and Developments
Table 90. Hexagon Ab: Key Executives
Table 91. Hexagon Ab: Company Snapshot
Table 92. Hexagon Ab: Operating Segments
Table 93. Hexagon Ab: Product Portfolio
Table 94. Hexagon Ab: Key Strategic Moves and Developments
Table 95. Vicon Motion Systems Ltd: Key Executives
Table 96. Vicon Motion Systems Ltd: Company Snapshot
Table 97. Vicon Motion Systems Ltd: Operating Segments
Table 98. Vicon Motion Systems Ltd: Product Portfolio
Table 99. Vicon Motion Systems Ltd: Key Strategic Moves and Developments
Table 100. Company 10: Key Executives
Table 101. Company 10: Company Snapshot
Table 102. Company 10: Operating Segments
Table 103. Company 10: Product Portfolio
Table 104. Company 10: Key Strategic Moves and Developments
List of Figures
Figure 1. Global 3D Technology Market Segmentation
Figure 2. Global 3D Technology Market
Figure 3. Segmentation 3D Technology Market
Figure 4. Top Investment Pocket in 3D Technology Market
Figure 5. Top Winning Strategies, 2019-2021*
Figure 6. Top Winning Strategies, by Development, 2019-2021(%)
Figure 7. Top Winning Strategies, by Company, 2019-2021*
Figure 8. Moderate Bargaining Power of Buyers
Figure 9. Moderate Bargaining Power of Suppliers
Figure 10. Moderate Threat of New Entrants
Figure 11. Low Threat of Substitution
Figure 12. High Competitive Rivalry
Figure 13. Top Player Positioning, 2020
Figure 14. Market Share Analysis, 2020
Figure 15. Restraints and Drivers: 3D Technology Market
Figure 16. 3D Technology Market Segmentation, by Product
Figure 17. 3D Technology Market for 3D Printing, by Country, 2020-2030 ($ Million)
Figure 18. 3D Technology Market for 3D Glasses, by Country, 2020-2030 ($ Million)
Figure 19. 3D Technology Market for 3D Display, by Country, 2020-2030 ($ Million)
Figure 20. 3D Technology Market for 3D Imaging, by Country, 2020-2030 ($ Million)
Figure 21. 3D Technology Market for 3D Camera, by Country, 2020-2030 ($ Million)
Figure 22. 3D Technology Market Segmentation, by Application
Figure 23. 3D Technology Market for Media and Entertainment, by Country, 2020-2030 ($ Million)
Figure 24. 3D Technology Market for Automotive, by Country, 2020-2030 ($ Million)
Figure 25. 3D Technology Market for Industrial, by Country, 2020-2030 ($ Million)
Figure 26. 3D Technology Market for Healthcare, by Country, 2020-2030 ($ Million)
Figure 27. 3D Technology Market for Military and Defense, by Country, 2020-2030 ($ Million)
Figure 28. 3D Technology Market for Others, by Country, 2020-2030 ($ Million)
Figure 29. 3D Systems Corporation: Net Sales, 2018-2020 ($ Million)
Figure 30. 3D Systems Corporation: Revenue Share, by Segment, 2020 (%)
Figure 31. 3D Systems Corporation: Revenue Share, by Region, 2020 (%)
Figure 32. American Paper Optics: Net Sales, 2018-2020 ($ Million)
Figure 33. American Paper Optics: Revenue Share, by Segment, 2020 (%)
Figure 34. American Paper Optics: Revenue Share, by Region, 2020 (%)
Figure 35. Autodesk Inc: Net Sales, 2018-2020 ($ Million)
Figure 36. Autodesk Inc: Revenue Share, by Segment, 2020 (%)
Figure 37. Autodesk Inc: Revenue Share, by Region, 2020 (%)
Figure 38. Exone Company: Net Sales, 2018-2020 ($ Million)
Figure 39. Exone Company: Revenue Share, by Segment, 2020 (%)
Figure 40. Exone Company: Revenue Share, by Region, 2020 (%)
Figure 41. Panasonic Corporation: Net Sales, 2018-2020 ($ Million)
Figure 42. Panasonic Corporation: Revenue Share, by Segment, 2020 (%)
Figure 43. Panasonic Corporation: Revenue Share, by Region, 2020 (%)
Figure 44. Stratasys Ltd: Net Sales, 2018-2020 ($ Million)
Figure 45. Stratasys Ltd: Revenue Share, by Segment, 2020 (%)
Figure 46. Stratasys Ltd: Revenue Share, by Region, 2020 (%)
Figure 47. Tomtec Imaging Systems Gmbh: Net Sales, 2018-2020 ($ Million)
Figure 48. Tomtec Imaging Systems Gmbh: Revenue Share, by Segment, 2020 (%)
Figure 49. Tomtec Imaging Systems Gmbh: Revenue Share, by Region, 2020 (%)
Figure 50. Hexagon Ab: Net Sales, 2018-2020 ($ Million)
Figure 51. Hexagon Ab: Revenue Share, by Segment, 2020 (%)
Figure 52. Hexagon Ab: Revenue Share, by Region, 2020 (%)
Figure 53. Vicon Motion Systems Ltd: Net Sales, 2018-2020 ($ Million)
Figure 54. Vicon Motion Systems Ltd: Revenue Share, by Segment, 2020 (%)
Figure 55. Vicon Motion Systems Ltd: Revenue Share, by Region, 2020 (%)
Figure 56. Company 10: Net Sales, 2018-2020 ($ Million)
Figure 57. Company 10: Revenue Share, by Segment, 2020 (%)
Figure 58. Company 10: Revenue Share, by Region, 2020 (%)

Executive Summary

According to a new report titled, “3D Technology Market By Product and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030”, the global 3D technology market size was valued at $171.4 billion in 2020, and is projected to reach $703.4 billion by 2030, registering a CAGR of 16.3% during the period of 2021 to 2030. The North America region is expected to be the leading contributor to the global market during the forecast period, followed by Europe, and Asia-Pacific.

3D technology is an emerging sector that is being embraced by business nowadays, to improve the shopping experience as well as to simplify the working process, the demand for 3D technology has increased. The applications of 3D technologies include 3D modeling, 3D printing, 3D visualization, 3D display, and others. Increase in adoption of 3D technologies in various application areas such as healthcare, aerospace, entertainment, and architecture, drives the growth of the 3D technology market. The global market is experiencing high growth rate due to adoption of 3D technology in various application areas.

In addition, higher level of accuracy and precision in data is achieved with the help of 3D technology; this is a major driving force for various application segments to adopt 3D technology based products.Government is taking initiatives to invest in the R&D of 3D printing technology to create future in-house opportunities.

The prominent factors that impact the 3D technology market growth are rise in demand for 3D technology in the entertainment industry, surge in demand for 3D technology-based devices in consumer electronics, and government initiatives toward the use of 3D product. However, high maintenance costs of 3D devices restricts the market growth. On the contrary, high adoption of 3D cameras, scanners, sensors, printers, and displays in military and defense is expected to create lucrative opportunities for the market. Therefore, these factors are expected to affect the growth of the global 3D technology industry during the forecast period.

Region-wise, the 3D technology market trends have been analyzed across North America, Europe, Asia-Pacific, and LAMEA.North Americacontributed maximum revenue in 2020. However, between 2021 and 2030, themarket in Asia-Pacificregion is expected to grow at a faster rate as compared to other regions. This is attributed to increase in demand from the emerging economical countries such as India, China, Japan, and South Korea. The overall 3D technology market analysis is determined to understand the profitable trends to gain a stronger foothold.

COVID-19 Impact Analysis


The outbreak and the spread of COVID-19 have significantly impacted players operating in the 3D technology market. The increased global demand for automotive is one of the key factors fueling the growth of the market. However, as the sales of automotive have decreased significantly worldwide owing to lockdowns imposed by different governments to contain the spread of the COVID-19, it has impacted the growth of the 3D technology market share. Moreover, these lockdowns have also impacted the GDP of countries and the per capita income of individuals across the world.

The slowdown in productions by OEMs and reduction in demand for 3D devices and other electronics devices has slightly pulled down the market for 3D technology. Shortages of components and materials have significantly impacted the global supply chains. In addition, reductions in various capital budgets and delay in planned projects in various industries have hampered the global economy.

Key Findings Of The Study


  • By product, in 2020, the 3D display segment accounted for the maximum revenue and is projected to grow at a notable CAGR of 165% during the forecast period
  • By product, the 3D printing segment is expected to witness the highest growth rate during the forecast period
  • Germany was the major shareholder in the Europe 3D technology market revenue, accounting for approximately 25% share in 2020
  • The key players profiled in the report include 3D Systems Corporation, American Paper Optics, Autodesk Inc., ExOne Company, Panasonic Corporation, Stratasys Ltd., TomTec Imaging Systems GmbH, Hexagon AB, and Vicon Motion Systems Ltd, These players have adopted various strategies, such as partnership, agreement, collaboration, and product launch, to expand their foothold in the market

Companies Mentioned

  • 3D Systems Corporation
  • American Paper Optics
  • Autodesk Inc.
  • ExOne Company
  • Panasonic Corporation
  • Stratasys Ltd.
  • TomTec Imaging Systems GmbH
  • Hexagon AB
  • Vicon Motion Systems Ltd.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...