Global Industrial 3D Printing Market Report Size, Trends & Growth Opportunity, By Technology, By Material Type, By End-user Industry, By Region and forecast till 2027
Report ID : QR1001381 | Industries : Others | Published On :January 2022 | Page Count : 250Global Industrial 3D Printing Market
The industrial 3D printing market is projected to grow from USD 2.1 billion in 2020 to USD 5.2 billion by 2027; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 20.0% from 2020 to 2027.
Industrial 3D printing means transforming from prototyping to high-volume production. 3D printing and Additive manufacturing practices are being simultaneously deployed to gather select parts or comprehensive product as a whole, backed by software’s assisting their concurrently assembly.
Market Drivers
3D printing is a suitable technology for low- to mid-volume production. Hence, enlarged focus on high-volume production using 3D printing is the key driver of the market.
The reduced prices of additive manufacturing-based machines and rising expertise and awareness have increased this technology's availability. Also, Newer and advanced fused deposition modeling methods have enabled the use of diverse materials, thus boosting widespread adoption across various industries over recent years.
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Market Restraints
The advanced technology has few restraining factors like a high initial investment to increase the market growth. The rate linked with the manufacturing needs to improve hardware, software, and material parts. It can be a limitation for the market.
Market Segmentation
Industrial 3D Printing Market sis segmented into major 4 categories. Based on Technology, the market is segmented into Stereo Lithography (SLA), Fused Deposition Modeling (FDM), Electron Beam Melting, Digital Light Processing, Selective Laser Sintering (SLS) And others. Based on Material Type, the market is segmented into Metal, plastic, Ceramics and other Material Types. Based on End-user Industry, the market is segmented into Automotive, Aerospace and Defence, Healthcare, Construction and Architecture, Energy, Food and Other. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Europe has dominated the market share in the complete market with its impeccable demands and key players' collective efforts to rise the supply. Also, it offers a maximum contribution for rising revenue generation.
North America is also anticipated to witness the growth in the industrial 3D printing market throughout the forecast period owing to the presence of several well-established market players, like Stratasys, 3D Systems, GE Additive, ExOne, Protolabs, and HP, is contributing to the regional market’s growth.
Market Key Players
Some of the key players operating in Global Industrial 3D Printing Market are 3D Systems, Arcam AB, Autodesk, Inc., Stratasys Ltd., The ExOne Company, Hoganas AB, Optomec, Inc., Organovo Holdings, Inc., Ponoko Limited, and Voxeljet AG.
Industry development
In September 2021, 3D Systems (US) signed an agreement to acquire Oqton, a software company that is a leader in creating a new breed of intelligent, cloud-based Manufacturing Operating System (MOS) platform. With the acquisition of Oqton and the commitment to continue its focus on transforming and optimizing digital manufacturing systems, 3D Systems will also increase the availability of the software platform to the additive manufacturing industry, as well as its customers.
September 2021 – ExOne launched its Industrial- Grade 3D Printed Tooling Solution lineup. This lineup offers the world's broadest portfolio for 3D printed tooling solutions like solutions for metal casting, laying up composites, plastic injection molding or forming, and more.
Global Industrial 3D Printing Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Industrial 3D Printing Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Industrial 3D Printing Market, By Technology
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Industrial 3D Printing Market Share Analysis, By Technology
5.3 Industrial 3D Printing Market Size and Forecast, By Technology
5.3.1 Stereo Lithography (SLA)
5.3.2 Fused Deposition Modeling (FDM)
5.3.3 Electron Beam Melting
5.3.4 Digital Light Processing
5.3.5 Selective Laser Sintering (SLS)
5.3.6 Other Technologies
6 Industrial 3D Printing Market, By Material Type
6.1 Y-o-Y Growth Comparison, By Material Type
6.2 Industrial 3D Printing Market Share Analysis, By Material Type
6.3 Industrial 3D Printing Market Size and Forecast, By Material Type
6.3.1 Metal
6.3.2 Plastic
6.3.3 Ceramics
6.3.4 Other Material Types
7 Industrial 3D Printing Market, By End-User industry
7.1 Y-o-Y Growth Comparison, By End-User industry
7.2 Industrial 3D Printing Market Share Analysis, By End-User industry
7.3 Industrial 3D Printing Market Size and Forecast, By End-User industry
7.3.1 Automotive
7.3.2 Aerospace and Defence
7.3.3 Healthcare
7.3.4 Construction and Architecture
7.3.5 Energy
7.3.6 Food
7.3.7 Other End-user Industries
8 Industrial 3D Printing Market, By Region
8.1 Industrial 3D Printing Market Share Analysis, By Region
8.2 Industrial 3D Printing Market Share Analysis, By Region
8.3 Industrial 3D Printing Market Size and Forecast, By Region
9 North America Industrial 3D Printing Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 North America Industrial 3D Printing Market Share Analysis, By Technology
9.3 North America Industrial 3D Printing Market Size and Forecast, By Material Type
9.4 North America Industrial 3D Printing Market Size and Forecast, By End-User industry
9.5 North America Industrial 3D Printing Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Industrial 3D Printing Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Europe Industrial 3D Printing Market Share Analysis, By Technology
10.3 Europe Industrial 3D Printing Market Size and Forecast, By Material Type
10.4 Europe Industrial 3D Printing Market Size and Forecast, By End-User industry
10.5 Europe Industrial 3D Printing Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Industrial 3D Printing Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Asia Pacific Industrial 3D Printing Market Share Analysis, By Technology
11.3 Asia Pacific Industrial 3D Printing Market Size and Forecast, By Material Type
11.4 Asia Pacific Industrial 3D Printing Market Size and Forecast, By End-User industry
11.5 Asia Pacific Industrial 3D Printing Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Industrial 3D Printing Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Latin America Industrial 3D Printing Market Share Analysis, By Technology
12.3 Latin America Industrial 3D Printing Market Size and Forecast, By Material Type
12.4 Latin America Industrial 3D Printing Market Size and Forecast, By End-User industry
12.5 Latin America Industrial 3D Printing Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Industrial 3D Printing Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Middle East Industrial 3D Printing Market Share Analysis, By Technology
13.3 Middle East Industrial 3D Printing Market Size and Forecast, By Material Type
13.4 Middle East Industrial 3D Printing Market Size and Forecast, By End-User industry
13.5 Middle East Industrial 3D Printing Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 3D Systems
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Arcam AB
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Autodesk, Inc
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Stratasys Ltd.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 The ExOne Company,
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Hoganas AB
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Optomec, Inc.
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Organovo Holdings, Inc.
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Ponoko Limited
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Voxeljet AG
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies