Reports


3D Printing Market Size, Share & Analysis, 3DP Sector / Industry Report & Analysis, 2025 (Includes Business Impact of COVID-19)

  • TBI877369
  • August 01, 2019
  • Global
  • 132 pages
  • HCCResearch
                                              Abstract, Snapshot, Market Analysis & Market Definition: Global 3D Printing Market

The global 3D printing market was assessed to be USD 7.01 billion in 2017. It is expected to expand at a CAGR exceeding 16.5% from 2018 to 2025. Aggressive research and development in three-dimensional printing and growing demand for prototyping from healthcare, automotive, and aerospace and defense among other industry verticals are expected to drive the market growth.
 
3D printing (3DP); also called as additive manufacturing, involves a layer-by-layer addition of material to form an object referring to a three-dimensional file with the help of a software and a 3-dimensional printer.A relevant 3D printing technology is then selected from the available set of technologies to implement the process. The last step involves deployment of this process across different industry verticals as per requirement.
The deployment of 3D printing includes providing services, such as consultation, solutions, installation, and customer support. It also involves handling issues related to copyrights, licensing, and patenting. 3D printing benefits manufacturers in terms of prototyping, designing, and modeling structures and end products. It also reduces time to market. As a result, production expenses have reduced considerably and the manufacturers are able to offer better products at reasonable prices.
However, the prevailing misconceptions with respect to the process of prototyping among small and medium-scale manufacturers may hinder the adoption of this technology to an extent. Moreover, lack of technical knowledge and a looming standard process controls are expected to restrain growth of the market over the forecast period.

Market Segmentation, Outlook & Viewpoint: Global 3D Printing Market


Component Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

Hardware

Software

Services


Printer Type Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

Desktop 3D Printer

Industrial 3D Printer


Technology Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

Stereolithography

Fuse Deposition Modeling

Selective Laser Sintering

Direct Metal Laser Sintering

Polyjet

Inkjet

Electron Beam Melting

Laser Metal Deposition

Digital Light Processing

Laminated Object Manufacturing


Software Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

Design Software

Inspection Software

Printer Software

Scanning Software


Application Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

Prototyping

Tooling

Functional Parts


Vertical Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

Industrial

Automotive

Aerospace & Defense

Healthcare

Consumer Electronics

Industrial

Power & Energy

Others


Desktop

Educational Purpose

Fashion & Jewelry

Objects

Dental

Food

Others



Key Players, Recent Developments & Regional Insights: Global 3D Printing Market


Prototyping accounted for the largest market share in 2017 and is anticipated to maintain its dominance over the forecast period. Extensive adoption from various industry verticals is anticipated to propel the growth. Automotive and aerospace and defense industries use prototyping to design and develop components and complex systems precisely. Prototyping also allows manufacturers to achieve a higher accuracy and to develop reliable end products.
The functional parts segment is expected to expand at a significant CAGR of 16.5% from 2018 to 2025. Increasing demand for designing and building functional parts is anticipated to bode well for the growth of this segment. Functional parts include smaller joints and other metallic hardware connecting components. Their accuracy and precise sizing are of paramount importance while developing machinery and systems.
Vertical Insights
Based on verticals, the 3D printing market has been segmented into desktop and industrial 3D printing. Desktop 3DP comprises educational purpose, fashion and jewelry, objects, dental, food, and others. The Industrial 3DP comprises automotive, aerospace and defense, healthcare, consumer electronics, industrial, power and energy, and others. Consumer electronics, healthcare, and automotive verticals are anticipated to contribute significantly to the growth over the forecast period owing to the active adoption from various production processes.
Dental vertical is expected to continue leading in terms of demand share over the forecast period. Industrial 3DP helps develop artificial tissues and muscles, which replicate the natural human tissues and can be used in replacement surgeries. These capabilities are expected to drive the adoption in healthcare vertical. On the other hand, food and fashion and jewelry verticals are anticipated to contribute significantly to the segment growth. The adoption in imitation jewelry, miniatures, art and craft, and clothing and apparels is anticipated to gain traction in near future.
Component Insights
Based on component, the market for 3D printing has been segmented into hardware, software, and services. Thehardware component segment is further divided into printer type, technology, applications, and vertical. The software segment, on the other hand, is further bifurcated into printer type and software type. Whereas, the services segment is segregated by the printer type.
 
The hardware segment accounted for the largest market share in 2017. The segment is anticipated continue leading over the forecast period. Software segment is expected to register the highest CAGR over the next seven years.

Regional Insights
North America emerged as the largest regional segment with a market share of more than 37% in 2017 owing to an extensive adoption of additive manufacturing. U.S. and Canada have been some of the prominent and early adopters of 3D printing. The regional market is offering lucrative opportunities for AM in different applications. Europe is the second largest regional segment in terms of its geographical footprint. It is home to several additive manufacturing industry players, which hold strong technical expertise in additive manufacturing processes.
However, Asia Pacific region is projected to register the highest CAGR over the forecast period attributed to the developments across the regional manufacturing industries. The region is also emerging as a manufacturing hub for the automotive and healthcare industries. A stronghold on the production of consumer electronics coupled with a rapid urbanization is also contributing to the rising regional demand.
3D Printing Market Share Insights
Key market players focus on innovation and technological advancements to cater to the growing demand from the automotive, healthcare, and aerospace and defense manufacturing segments. Stratsys, Ltd.; Materialise NV; EnvisionTEC, Inc.; 3D Systems, Inc.; GE Additive; Autodesk, Inc.; Made In Space; Canon, Inc.; and Voxeljet AG are some of the eminent market players.

Key Insights Covered: Global 3D Printing Market
1.  North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of 3D Printing industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of 3D Printing industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of 3D Printing industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of 3D Printing industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of 3D Printing industry.

Research Methodology: Global 3D Printing Market
  • Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other

Table of Contents
Chapter 1 Methodology and Scope
  1.1 Research Methodology
  1.2 Research Scope & Assumptions
  1.3 List of Data SourcesChapter 2 Executive Summary
  2.1 3D Printing- Industry Snapshot & Key Buying Criteria, 2014 - 2025Chapter 3 Industry Outlook
  3.1 Market Segmentation &Scope
  3.2 3D Printing Market Size and Growth Prospects
  3.3 3D Printing-Value Chain Analysis
  3.4 Market Dynamics
      3.4.1 Market driver analysis
          3.4.1.1 Prototyping, product development, innovation, and time-to-market
          3.4.1.2 Benefits of 3D printing
          3.4.1.3 Commercializa
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