Global 3D Printing Market Market Overview 2013-2020

The report “3D Printing Market by Technology (SLA, SLS, EBM, FDM, EBM, LOM, 3DP), Materials (Polymers, Metal), Application (Aerospace, Automotive, Consumer, Healthcare, Government & Defense) & Geography (Americas, Europe, APAC & ROW) (2013 – 2020)″ by MarketsandMarkets is now available at RnRMarketResearch.com.

3D printing market is expected to grow at a CAGR of 23% from 2013 to 2020, and reach $8.41 billion in 2020. The elements behind the rapid upsurge in the 3D printing market are the innovative and advanced technologies, customized products, governments funding, wide unexploited application market, rapid development of the products at a low cost, and less time-to-market. In addition, the upcoming (in 2014) expiration of patents with respect to the Selective Laser Sintering (SLS) is also believed to provide a further impetus to the growth of the 3D Printer market.

3D printing has been evolving as a technique to create 3D models and prototypes, in many industries, namely, automotive, aerospace, healthcare, and consumer products- in order to investigate the possibility of completing a project in lesser time and with few resources. However, in the last two decades, 3D printing has made a radical shift from rapid prototyping to rapid manufacturing”, mainly, because of its advantages over traditional manufacturing practices such as injection molding, CNC machining, and vacuum casting. These advantages include innovative designing, high adaptability levels, less time to market, and less tooling requirements.

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Table Of Contents

•    Introduction
•    Executive Summary
•    Cover Story
•    3D Printing Market Overview
•    3D Printing Technology Market
•    3D Printing Materials Market
•    3D Printing Market By Application
•    3D Printing Market By Geography
•    Competitive Landscape
•    Company Profiles (Overview, Products And Services, Financials, Strategy & Development)*

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Global 3D Printing Industry 2017 - Latest Report

The report “World 3D Printing to 2017″ by Freedonia Group is now available at RnRMarketResearch.com. Contact sales@rnrmarketresearch.com with World 3D Printing to 2017 in subject line and your contact details to purchase this report or get your questions answered.

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World demand to rise over 20% annually through 2017

World demand for 3D printing is projected to rise more than 20 percent per year to $5 billion in 2017. While professional uses such as design and proto-typing will continue to account for the majority of demand, the most rapid growth will be seen in production and consumer applications. 3D printers will increasingly be utilized to manufacture direct production parts and finished goods in a wide variety of applications. In the consumer segment, projected price drops in desktop 3D printers (helped by upcoming expiration of patents) will motivate purchases by hobbyists and do-it-yourselfers for personal at-home use. Gains will also be driven by growing awareness and interest in 3D printing technologies. Furthermore, as 3D printing speeds and material quality improves, greater adoption of additive production technologies is expected.

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Plastics to remain top material, metals to grow fastest

Above-average growth will be seen in demand for printing materials, as the rapidly expanding installed base of 3D printers fuels related materials consumption. Plastics such as acrylonitrile butadiene styrene (ABS), polylactic acid (PLA), and nylon were the first types of materials used in 3D printing, and remain the simplest to work with. Plastics will continue to account for the majority of materials demand, but faster growth is projected for metals, based on their greater strength and resistance, as well as rapid gains in markets such as aerospace. Global demand for software and other 3D printing products such as 3D scanners will grow in line with the overall average, supported by ongoing needs for technological updates and upgrades.

Good opportunities in medical & dental market

Some of the fastest growth will be seen in the medical and dental market, with especially good opportunities expected in dental applications such as braces, prostheses, crowns, bridges, dental aligners, and models for dental restoration procedures. Other leading markets for 3D printing products include consumer products (e.g., jewelry, toys, fashion, consumer electronics), automotive, and aerospace, with the latter expected to see above-average growth. For instance, in 2013 General Electric announced plans to use 3D printers to produce fuel nozzles for its next-generation jet engine. These nozzles are expected to be lighter and stronger than those produced using conventional production techniques.

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US to continue as largest 3D printing market

The US will remain by far the largest national 3D printing market in the world, accounting for 42 percent of global sales in 2017. In developed areas such as the US and Western Europe, 3D printing market value will be supported by the growing presence of metal-based 3D printers for the production of finished parts, as such systems are significantly more expensive than plastics-based 3D printing systems. Rapid gains are expected in China, where most applications (especially in large markets such as consumer products manufacturing) center around design, sample testing, or proto-typing. Demand in China will also benefit from significant government funding in academic institutions, science and re-search centers, as well as manufacturing companies.

Company Profiles

Profiles 40 global industry competitors including EOS,Stratasys and 3D Systems

Additional Information

This study analyzes the global three-dimensional (3D) printing (also known as additive manufacturing, rapid prototyping, or direct manufacturing) industry. Product segments covered include 3D printers, materials, software, and other (e.g., 3D scanners, parts). Markets for these products include consumer products, automotive, medical and dental, and other (e.g., aerospace, defense, textiles, food). Excluded from the scope of the study are 3D products that are printed and sold either externally (e.g., dental products or jewelry) or used internally (e.g., tools or jigs). Also excluded are consumer 3D printing services (such as those that allow individual customers to upload their 3D designs online and then have their 3D printed items shipped to them).

Historical data (2002, 2007, and 2012) and forecasts for 2017 and 2022 are presented for 3D printing demand by product, material, market, geographic region, and major country in current US dollars (i.e., including inflation). The terms “market,” “sales,” “consumption,” and “demand” refer to apparent consumption, and are defined as shipments (also referred to variously as “production,” “output,” or “supply”) from a country’s indigenous manufacturing facilities plus imports minus exports. Tabular details may not add to totals due to independent rounding, and some ratios are based on unrounded numbers. Throughout the study, demand for 3D printing is related to various indicators for comparative purposes and to facilitate further analysis.

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3D Printing Market by Technology, Materials & Geography to 2020

3D Printing Market (2013 – 2020) – By Technology (SLA, SLS, EBM, FDM, EBM, LOM, 3DP), Materials (Polymers, Metal), Application (Aerospace, Automotive, Consumer, Healthcare, Government & Defense) & Geography (Americas, Europe, APAC & ROW)

3D printing has been evolving as a technique to create 3D models and prototypes, in many industries, namely, automotive, aerospace, healthcare, and consumer products- in order to investigate the possibility of completing a project in lesser time and with few resources. However, in the last two decades, 3D printing has made a radical shift from rapid prototyping to rapid manufacturing”, mainly, because of its advantages over traditional manufacturing practices such as injection molding, CNC machining, and vacuum casting. These advantages include innovative designing, high adaptability levels, less time to market, and less tooling requirements. 3D printing manufacturing is also found to be quicker and less expensive. The ability of 3D printing to print almost any geometry with a variety of materials makes this technology a preferred choice, especially, in those markets which are characterized by high individualization, low volume, and high value; such as aerospace and healthcare. The major driving factors that support the exponential growth of 3D printing include – the development of new and improved technologies, financial support from governments, large application areas, rapid product development at a low cost, and ease in development of custom products.

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In this report, the global 3D printing is segmented on the basis of technology, material, application, and geography. The technology segment comprises of Stereo lithography (SLA), Laser Sintering, Electron Beam Melting (EBM), Fused Disposition Modeling (FDM), Laminated Object manufacturing (LOM), Three Dimensional Inkjet printing (3DP), and other proprietary technologies. The global 3D printing market by material comprises polymers, metals/alloys, and others (ceramics, sand, and paper). The application segment includes aerospace industry, automotive consumer products, healthcare, government and defense, industrial/business machines, education & research, and others (arts, architecture). Health care and aerospace are the two fastest growing application areas for 3D printing. The stringent requirements such as light weight and accurate & precise design requirements for airplanes parts are the major driving factors behind the growth of 3D printing in the aerospace industry, over traditional manufacturing methods. However, the increasing medical procedures’ volumes due to the growing population, rising income levels, low labor costs, and increasing health awareness are responsible for the tremendous growth of 3D printing in healthcare sector, as well.

The market is also categorized into four major geographic regions, namely Americas, Europe, Asia-Pacific, and Rest of the World. Developing economies such as China and India provide tremendous growth opportunities for the 3D printing manufacturing technologies, majorly, due to the rise in lifestyle and general income levels. For instance, China is aggressively taking initiatives such as huge investment and government funding in R&D, to promote 3D printing as a manufacturing technique.

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This report also presents a detailed overview of the overall 3D printing market by enveloping all the major market segments with a detailed qualitative analysis at each and every aspect of the segmentation. All the numbers are forecast from 2013 till 2020, to give a glimpse of the possible revenue potential in this market within this period.

The competitive landscape segment in the report covers all the key growth strategies of several major players as well as startups in the global 3D printing market; including 3D Systems (U.S.), Stratasys (U.S.), Renishaw (U.K.), EnvisionTEC (Germany), Optomec (U.S.), SLM Solutions (Germany), LayerWise (Belgium), ExOne (U.S.), EOS GmbH (Germany), Organovo Holdings (U.S.), and Arcam (Sweden), among others.

Scope of the report

This research report categorizes 3D Printing market based on various applications, technology, materials, and geography; it also covers the revenue foretold from 2013 to 2020. It describes the demand for 3D printing in various regions. The report describes the applications mapping in the 3D printing market with respect to the growth potential.

On the basis of the applications

3D printing is used for various applications such as in the automotive, aerospace, consumer, healthcare, government & defense, industrial, and education and research sectors.

On the basis of the Technologies

In this research report, the 3D printing technology is segregated into Stereo lithography (SLA), Laser Sintering, Electron Beam Melting (EBM), Fused Disposition Modeling (FDM), Laminated Object manufacturing (LOM), Three Dimensional Inkjet printing (3DP), and the likes.

On the basis of the Materials

The materials used in 3D Printer are polymers, metals & alloys, powder, and others. The ‘metals’ based 3D printing holds the future prospect of the market.

On the basis of the geographical regions

Geographical analysis covers Americas, Europe, Asia-Pacific, and ROW. In accordance with this report, the Americas, currently, leads the 3D Printing market. European region is the fastest growing market, and it is believed that it will surpass Americas in the near future.

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