3D Printing or additive manufacturing is a process of making three-dimensional solid objects from a digital file.3D printing provides huge benefits such as sturdiness, attractive designs, enhanced quality of products, and more. Owing to these benefits, the demand for the products is relatively high. This significant factor is projected to boost the growth of the global 3D Printing Market.
Furthermore, many favorable initiatives from governments and other manufacturing organization to increase awareness about the availability of 3D printed products are further contributing remarkably to the market’s expansion. Moreover, several companies are focusing on using new materials as well as investing more in developing better technologies. This prime factor is expected to create fruitful opportunities for 3D Printing market development progressively. In addition to this, players are also focusing on regulating product prices and improving their sales techniques, which is highly beneficial for the growth of the 3D printing market.
Covid-19 Impact on 3D Printing Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
3D Printing Market Segment Overview
Based on technology, Fused Deposition Modeling (FDM) is the largest segment in the global 3D printing market. FDM Technology works with specialized 3D printers and production-grade thermoplastics to build strong, durable, and dimensionally stable parts with the best accuracy and repeatability of any 3D printing technology. Additionally, various benefits of FDM Technology such as this technology is clean, simple-to-use, and office-friendly. Also, supported production-grade thermoplastics are mechanically and environmentally stable. Furthermore, a major reason for boosting the growth of the global 3D printing market includes an extensive increase in its applications in various fields. Ranging from automobiles and healthcare to consumer commodities and aerospace, the requirement for quality components can easily be met through the use of 3D printing technologies.
3D Printing Market, By Use
· Commercial
· Personal
3D Printing Market, By Technology
· PolyJet
· Fused Deposition Modeling (FDM)
· Selective Laser Sintering (SLS)
· Stereolithography (SLA)
· Others
3D Printing Market, By Application
· Consumer products and electronics
· Automotive
· Medical
· Industrial or business machines
· Aerospace
· Military & Defense
· Architecture
· Education
· Others
3D Printing Regional Overview
In terms of region, North America dominated the 3D Printing market due to the huge adoption of 3D Printing in this region. North American countries, such as the U.S. and Canada, have been some of the prominent and early adopters of 3D printing technologies in various manufacturing processes. Similarly, Europe is also the largest region for the 3D Printing market due to the presence of several 3D Printing industry players in this region. On the other hand, the Asia Pacific region is anticipated to witness the highest CAGR over the forecast period. The Asia Pacific region is emerging as a manufacturing hub for the automotive and healthcare industries. A stronghold on the production of consumer electronics coupled with rapid urbanization is contributing to the rising demand for 3D Printing in this region.
3D Printing Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
3D Printing Market, Key Players
· Solidscape, Inc.
· Stratasys, Ltd.
· EOS GmbH
· Concept Laser GmbH
· Arcam AB
· Voxeljet Technology GmbH
· SLM Solutions GmbH
· ExOne GmbH
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global 3D Printing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Use
- 5.2.1. Commercial
- 5.2.2. Personal
- 5.3. Market Analysis, Insights and Forecast – By Technology
- 5.3.1. PolyJet
- 5.3.2. Fused Deposition Modeling (FDM)
- 5.3.3. Selective Laser Sintering (SLS)
- 5.3.4. Stereolithography (SLA)
- 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Consumer products and electronics
- 5.4.2. Automotive
- 5.4.3. Medical
- 5.4.4. Industrial or business machines
- 5.4.5. Aerospace
- 5.4.6. Military & Defense
- 5.4.7. Architecture
- 5.4.8. Education
- 5.4.9. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America 3D Printing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Use
- 6.2.1. Commercial
- 6.2.2. Personal
- 6.3. Market Analysis, Insights and Forecast – By Technology
- 6.3.1. PolyJet
- 6.3.2. Fused Deposition Modeling (FDM)
- 6.3.3. Selective Laser Sintering (SLS)
- 6.3.4. Stereolithography (SLA)
- 6.3.5. Others
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Consumer products and electronics
- 6.4.2. Automotive
- 6.4.3. Medical
- 6.4.4. Industrial or business machines
- 6.4.5. Aerospace
- 6.4.6. Military & Defense
- 6.4.7. Architecture
- 6.4.8. Education
- 6.4.9. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe 3D Printing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Use
- 7.2.1. Commercial
- 7.2.2. Personal
- 7.3. Market Analysis, Insights and Forecast – By Technology
- 7.3.1. PolyJet
- 7.3.2. Fused Deposition Modeling (FDM)
- 7.3.3. Selective Laser Sintering (SLS)
- 7.3.4. Stereolithography (SLA)
- 7.3.5. Others
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Consumer products and electronics
- 7.4.2. Automotive
- 7.4.3. Medical
- 7.4.4. Industrial or business machines
- 7.4.5. Aerospace
- 7.4.6. Military & Defense
- 7.4.7. Architecture
- 7.4.8. Education
- 7.4.9. Others
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific 3D Printing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Use
- 8.2.1. Commercial
- 8.2.2. Personal
- 8.3. Market Analysis, Insights and Forecast – By Technology
- 8.3.1. PolyJet
- 8.3.2. Fused Deposition Modeling (FDM)
- 8.3.3. Selective Laser Sintering (SLS)
- 8.3.4. Stereolithography (SLA)
- 8.3.5. Others
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Consumer products and electronics
- 8.4.2. Automotive
- 8.4.3. Medical
- 8.4.4. Industrial or business machines
- 8.4.5. Aerospace
- 8.4.6. Military & Defense
- 8.4.7. Architecture
- 8.4.8. Education
- 8.4.9. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa 3D Printing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Use
- 9.2.1. Commercial
- 9.2.2. Personal
- 9.3. Market Analysis, Insights and Forecast – By Technology
- 9.3.1. PolyJet
- 9.3.2. Fused Deposition Modeling (FDM)
- 9.3.3. Selective Laser Sintering (SLS)
- 9.3.4. Stereolithography (SLA)
- 9.3.5. Others
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Consumer products and electronics
- 9.4.2. Automotive
- 9.4.3. Medical
- 9.4.4. Industrial or business machines
- 9.4.5. Aerospace
- 9.4.6. Military & Defense
- 9.4.7. Architecture
- 9.4.8. Education
- 9.4.9. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Solidscape, Inc.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Stratasys, Ltd.
- 10.6. EOS GmbH
- 10.7. Concept Laser GmbH
- 10.8. Arcam AB
- 10.9. Voxeljet Technology GmbH
- 10.10. SLM Solutions GmbH
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
