3D Printing (3DP) Market Analysis By Printer Type (Desktop, Industrial), By Technology, By Software (Design, Inspection, Printer, Scanning), By Application, By Vertical, By Region, and Segment Forecasts, 2014 - 2025

Published: Jul, 2017 | Pages: 95 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global 3D printing (3DP) market is estimated to reach USD 23.79 billion by 2025, according to the new report conducted by Grand View Research, Inc. This technology is also called Additive Manufacturing (AM), is referred to as a procedure that produces parts through the successive addition of layers of materials in various 2D shapes. The layered 2D shapes are built upon one another to form a three-dimensional object. The process is different from the subtractive method of production where one begins with a block of material and grinds out unnecessary materials to obtain the desired final shape of the object.

The industry is well-established in the industrial sector owing to enhanced product manufacturing and time required for a product to reach the market. This technology is widely adopted in the industrial vertical, which is expected to lead to the largest market share of 3D printers in industrial applications. Additive manufacturing, which is the industrial version of three-dimensional printing, is anticipated to reach maturity over the forecast period.

However, desktop 3D printing is likely to hold a promising future owing to the growing popularity of the technology among hobbyists, innovators, and the education sector for technical training and domestic/personal uses. The technology is expected to be highly touted for its economic advantages rather than being perceived as a labor-intensive industrial manufacturing technique. Local shops that install 3D printers and offer 3D printing materials, filaments, 3D modeling, and 3D printer software have become an alternative business model, especially in developing economies such as Brazil, South Africa, and India.

The market is fragmented into three major application areas, namely prototyping, tooling, and functional part manufacturing. Apart from the industrial vertical, the automotive, healthcare, and aerospace & defense verticals are the strong adopters of the technology. Manufacturers in these verticals emphasize on the accuracy of operations, enhancement in product designing, and reliability offered by the parts, coupled with the time required for the product to arrive the market and expenditures involved in the production. Benefits offered by the technology are expected to lead to increased applications in these industry verticals in future as well. Moreover, factors such as intensive R&D along with heavy investments carried out by the public and private sectors are expected to result in numerous advancements in 3D printers and related technologies, owing to active government funding and initiatives carried out by developed economies.

North America held majority of the market share in 2016, accounting for more than 35.0%. The large market share is attributed to the extensive adoption of 3D printers for 3D designing, 3D modeling, and 3D manufacturing of objects in several sectors. The Asia Pacific region has significantly emerged as a large manufacturing hub on account of the presence of a huge consumer base and surplus foreign investments in the region, thereby portraying a remarkable growth over the estimated duration.

3D printing is a capital-intensive technology and bears a few disadvantages, such as misconceptions among manufacturers about prototyping. Furthermore, the market currently lacks standard process controls and skilled workforce. These factors currently hamper the market growth; however, they are anticipated to be overcome over time owing to increasing government initiatives and growing awareness among individuals regarding the benefits of 3D printers.

Further key findings from the report suggest:

• 3D printing is gaining interest among individuals owing to benefits such as accurate and rapid prototyping along with the optimized time-to-market factors.

• The increasing application of 3D printers in automotive, healthcare, and aerospace & defense verticals are also expected to significantly drive market growth over the forecast period.

• Desktop printers are expected to gain noticeable attention over the forecast period on account of increasing popularity among researchers, hobbyists, small enterprises, personal users in domestic applications, and in the educational sector for training purposes.

• The prototyping application segment dominated the market in 2016 and is projected to continue dominating in future as well, accounting for a considerable market share by 2025.

• The others vertical segment, which includes imitation & jewelry, clothing, construction & engineering, architecture, toys, footwear, and so on, is expected to witness an extensive adoption of 3D printers for manufacturing goods & structures over the forecast period.

• The Asia Pacific market is predicted to showcase a significant rise on account of increasing applications in the automotive, consumer electronics, infrastructure, urbanization, military & defense, and healthcare sectors, among others, especially in countries such as China, Japan, South Korea, Taiwan, and India.

• Prominent players in the industry include Stratasys Ltd., 3D Systems, Inc., 3D Ceram, GE Additive, HP Inc., Tiertime, Dassault Systemes, Made In Space, and Voxeljet AG.

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Research Methodology
                 1.2 Research Scope & Assumptions
                 1.3 List of Data Sources

Chapter 2 Executive Summary
                 2.1 3D Printing- Industry Snapshot & Key Buying Criteria, 2014 - 2025

Chapter 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 Commercialization of the technology
                         3.4.1.4 Government investments & increased R&D in the 3D printing technology
                     3.4.2 Market restraint analysis
                         3.4.2.1 Capital Intensive Technologies and High Material Prices
                         3.4.2.2 Unavailability of Standard Process Controls and Misled Industry Participants
                     3.4.3 Market opportunity analysis
                         3.4.3.1 Untapped end-use industry verticals and markets such as printed electronics and 3D printing under water
                         3.4.3.2 3D printing in construction medical implants and under water printing
                 3.5 Key Opportunities - Prioritized
                 3.6 3D Printing-Key Company Analysis, 2016
                     3.6.1 Key Company Analysis-Established Industry Players
                     3.6.2 Key Company Analysis - New Entrants/Industry Players
                 3.7 Industry Analysis - Porter's
                 3.8 3D Printing-PESTEL Analysis

Chapter 4 3D Printing Market: Printer Type Estimates & Trend Analysis
                 4.1 3D Printing Market: Printer Type Analysis
                     4.1.1 Desktop Printer
                     4.1.2 Industrial Printer

Chapter 5 3D Printing Market: Technology Estimates & Trend Analysis
                 5.1 3D Printing Market: Technology Analysis
                     5.1.1 Stereolithography
                     5.1.2 Fuse Deposition Modeling (FDM)
                     5.1.3 Selective Laser Sintering (SLS)
                     5.1.4 Direct Metal Laser Sintering (DMLS)
                     5.1.5 Polyjet Printing
                     5.1.6 Inkjet Printing
                     5.1.7 Electron Beam Melting (EBM)
                     5.1.8 Laser Metal Deposition
                     5.1.9 Digital Light Processing
                     5.1.10 Laminated Object Manufacturing

Chapter 6 3D Printing Market: Software Estimates & Trend Analysis
                 6.1 3D Printing Market: Software Analysis
                     6.1.1 Design Software
                     6.1.2 Inspection Software
                     6.1.3 Printer Software
                     6.1.4 Scanning Software

Chapter 7 3D Printing Market: Application Estimates & Trend Analysis
                 7.1 3D Printing Market: Application Analysis
                     7.1.1 Prototyping
                     7.1.2 Tooling
                     7.1.3 Functional Parts

Chapter 8 3D Printing Market: Vertical Estimates & Trend Analysis
                 8.1 3D Printing Market: Vertical Analysis
                     8.1.1 Automotive
                     8.1.2 Aerospace & Defense
                     8.1.3 Healthcare
                     8.1.4 Consumer Electronics
                     8.1.5 Industrial
                     8.1.6 Power & Energy
                     8.1.7 Others

Chapter 9 3D Printing Market: Regional Estimates & Trend Analysis
                 9.1 3D Printing Market Share by Region, 2016 & 2025
                 9.2 North America
                     9.2.1 U.S.
                     9.2.2 Canada
                     9.2.3 Mexico
                 9.3 Europe
                     9.3.1 UK
                     9.3.2 Germany
                     9.3.3 Rest of Europe
                 9.4 Asia-Pacific (APAC)
                     9.4.1 China
                     9.4.2 Japan
                     9.4.3 South Korea
                 9.5 South America
                     9.5.1 Brazil
                 9.6 MEA

Chapter 10 Competitive Landscape
                 10.1 3D Systems, Inc.
                     10.1.1 Company overview
                     10.1.2 Financial performance
                     10.1.3 Product benchmarking
                     10.1.4 Recent developments
                 10.2 3DCeram
                     10.2.1 Company overview
                     10.2.2 Product benchmarking
                     10.2.3 Recent developments
                 10.3 Arcam AB
                     10.3.1 Company overview
                     10.3.2 Financial performance
                     10.3.3 Product benchmarking
                     10.3.4 Recent developments
                 10.4 Autodesk, Inc.
                     10.4.1 Company overview
                     10.4.2 Financial performance
                     10.4.3 Product benchmarking
                     10.4.4 Recent developments
                 10.5 Canon, Inc.
                     10.5.1 Company Overview
                     10.5.2 Financial overview
                     10.5.3 Product Benchmarking
                     10.5.4 Strategic Initiatives
                 10.6 Dassault Systemes
                     10.6.1 Company overview
                     10.6.2 Financial performance
                     10.6.3 Product benchmarking
                     10.6.4 Recent developments
                 10.7 EnvisionTec, Inc.
                     10.7.1 Company overview
                     10.7.2 Product benchmarking
                     10.7.3 Recent developments
                 10.8 EOS (Electro Optical Systems) GmbH
                     10.8.1 Company overview
                     10.8.2 Product benchmarking
                     10.8.3 Recent developments
                 10.9 ExOne
                     10.9.1 Company overview
                     10.9.2 Financial overview
                     10.9.3 Product benchmarking
                     10.9.4 Recent developments
                 10.10 GE Additive
                     10.10.1 Company overview
                     10.10.2 Financial performance
                     10.10.3 Product benchmarking
                     10.10.4 Recent developments
                 10.11 HP Inc.
                     10.11.1 Company overview
                     10.11.2 Financial performance
                     10.11.3 Product benchmarking
                     10.11.4 Recent developments
                 10.12 Made In Space
                     10.12.1 Company overview
                     10.12.2 Product benchmarking
                     10.12.3 Recent developments
                 10.13 Materialise NV
                     10.13.1 Company overview
                     10.13.2 Financial performance:
                     10.13.3 Product benchmarking
                     10.13.4 Recent developments
                 10.14 Optomec, Inc.
                     10.14.1 Company overview
                     10.14.2 Product benchmarking
                     10.14.3 Recent developments
                 10.15 Organovo Holdings Inc.
                     10.15.1 Company overview
                     10.15.2 Financial performance:
                     10.15.3 Product benchmarking
                     10.15.4 Recent developments
                 10.16 Proto Labs, Inc.
                     10.16.1 Company overview
                     10.16.2 Financial performance:
                     10.16.3 Product benchmarking
                     10.16.4 Recent developments
                 10.17 Shapeways, Inc.
                     10.17.1 Company overview
                     10.17.2 Product benchmarking
                     10.17.3 Recent developments
                 10.18 Stratasys Ltd.
                     10.18.1 Company overview
                     10.18.2 Financial performance
                     10.18.3 Product benchmarking
                     10.18.4 Recent developments
                 10.19 Tiertime
                     10.19.1 Company overview
                     10.19.2 Product benchmarking
                     10.19.3 Recent developments
                 10.20 Voxeljet AG
                     10.20.1 Company overview
                     10.20.2 Financial performance
                     10.20.3 Product benchmarking
                     10.20.4 Recent developments

List of Tables

TABLE 1 3D Printing- Industry snapshot & critical success factor, 2014 - 2025
TABLE 2 Global 3D printing market, 2014- 2025 (USD Million)
TABLE 3 Global 3D printing market estimates and forecasts by printer type, 2014 - 2025 (USD Million)
TABLE 4 Global 3D printing market estimates and forecasts by software, 2014 - 2025 (USD Million)
TABLE 5 Global 3D printing market estimates and forecasts by application, 2014 - 2025 (USD Million)
TABLE 6 Global 3D printing market estimates and forecasts by vertical, 2014 - 2025 (USD Million)
TABLE 7 Key Company Analysis - Established Industry Players
TABLE 8 Key Company Analysis - New Entrants/Industry Players
TABLE 9 Global desktop printer market by region, 2014 - 2025 (USD Million)
TABLE 10 Global industrial printer market by region, 2014 - 2025 (USD Million)
TABLE 11 Global stereolithography market by region, 2014 - 2025 (USD Million)
TABLE 12 Global FDM market by region, 2014 - 2025 (USD Million)
TABLE 13 Global SLS market by region, 2014 - 2025 (USD Million)
TABLE 14 Global DMLS market by region, 2014 - 2025 (USD Million)
TABLE 15 Global polyjet printing market by region, 2014 - 2025 (USD Million)
TABLE 16 Global inkjet printing market by region, 2014 - 2025 (USD Million)
TABLE 17 Global EBM market by region, 2014 - 2025 (USD Million)
TABLE 18 Global laser metal deposition market by region, 2014 - 2025 (USD Million)
TABLE 19 Global digital light processing market by region, 2014 - 2025 (USD Million)
TABLE 20 Global laminated object manufacturing market by region, 2014 - 2025 (USD Million)
TABLE 21 Global design software market by region, 2014 - 2025 (USD Million)
TABLE 22 Global inspection software market by region, 2014 - 2025 (USD Million)
TABLE 23 Global printer software market by region, 2014 - 2025 (USD Million)
TABLE 24 Global scanning software market by region, 2014 - 2025 (USD Million)
TABLE 25 Global prototyping market by region, 2014 - 2025 (USD Million)
TABLE 26 Global tooling market by region, 2014 - 2025 (USD Million)
TABLE 27 Global functional parts market by region, 2014 - 2025 (USD Million)
TABLE 28 Global automotive market by region, 2014 - 2025 (USD Million)
TABLE 29 Global aerospace & defense market by region, 2014 - 2025 (USD Million)
TABLE 30 Global healthcare market by region, 2014 - 2025 (USD Million)
TABLE 31 Global consumer electronics market by region, 2014 - 2025 (USD Million)
TABLE 32 Global industrial market by region, 2014 - 2025 (USD Million)
TABLE 33 Global power & energy market by region, 2014 - 2025 (USD Million)
TABLE 34 Others vertical market by region, 2014 - 2025 (USD Million)
TABLE 35 North America 3D printing market by printer type, 2014 - 2025 (USD Million)
TABLE 36 North America 3D printing market by technology, 2014 - 2025 (USD Million)
TABLE 37 North America 3D printing market by software, 2014 - 2025 (USD Million)
TABLE 38 North America 3D printing market by application, 2014 - 2025 (USD Million)
TABLE 39 North America 3D printing market by vertical, 2014 - 2025 (USD Million)
TABLE 40 U.S. 3D printing market by printer type, 2014 - 2025 (USD Million)
TABLE 41 U.S. 3D printing market by technology, 2014 - 2025 (USD Million)
TABLE 42 U.S. 3D printing market by software, 2014 - 2025 (USD Million)
TABLE 43 U.S. 3D printing market by application, 2014 - 2025 (USD Million)
TABLE 44 U.S. 3D printing market by vertical, 2014 - 2025 (USD Million)
TABLE 45 Canada 3D printing market by printer type, 2014 - 2025 (USD Million)
TABLE 46 Canada 3D printing market by technology, 2014 - 2025 (USD Million)
TABLE 47 Canada 3D printing market by software, 2014 - 2025 (USD Million)
TABLE 48 Canada 3D printing market by application, 2014 - 2025 (USD Million)
TABLE 49 Canada 3D printing market by vertical, 2014 - 2025 (USD Million)
TABLE 50 Mexico 3D printing market by printer type, 2014 - 2025 (USD Million)
TABLE 51 Mexico 3D printing market by technology, 2014 - 2025 (USD Million)
TABLE 52 Mexico 3D printing market by software, 2014 - 2025 (USD Million)
TABLE 53 Mexico 3D printing market by application, 2014 - 2025 (USD Million)
TABLE 54 Mexico 3D printing market by vertical, 2014 - 2025 (USD Million)
TABLE 55 Europe 3D printing market by printer type, 2014 - 2025 (USD Million)
TABLE 56 Europe 3D printing market by technology, 2014 - 2025 (USD Million)
TABLE 57 Europe 3D printing market by software, 2014 - 2025 (USD Million)
TABLE 58 Europe 3D printing market by application, 2014 - 2025 (USD Million)
TABLE 59 Europe 3D printing market by vertical, 2014 - 2025 (USD Million)
TABLE 60 UK 3D printing market by printer type, 2014 - 2025 (USD Million)
TABLE 61 UK 3D printing market by technology, 2014 - 2025 (USD Million)
TABLE 62 UK 3D printing market by software, 2014 - 2025 (USD Million)
TABLE 63 UK 3D printing market by application, 2014 - 2025 (USD Million)
TABLE 64 UK 3D printing market by vertical, 2014 - 2025 (USD Million)
TABLE 65 Germany 3D printing market by printer type, 2014 - 2025 (USD Million)
TABLE 66 Germany 3D printing market by technology, 2014 - 2025 (USD Million)
TABLE 67 Germany 3D printing market by software, 2014 - 2025 (USD Million)
TABLE 68 Germany 3D printing market by application, 2014 - 2025 (USD Million)
TABLE 69 Germany 3D printing market by vertical, 2014 - 2025 (USD Million)
TABLE 70 Rest of Europe 3D printing market by printer type, 2014 - 2025 (USD Million)
TABLE 71 Rest of Europe 3D printing market by technology, 2014 - 2025 (USD Million)
TABLE 72 Rest of Europe 3D printing market by software, 2014 - 2025 (USD Million)
TABLE 73 Rest of Europe 3D printing market by application, 2014 - 2025 (USD Million)
TABLE 74 Rest of Europe 3D printing market by vertical, 2014 - 2025 (USD Million)
TABLE 75 Asia-Pacific (APAC) 3D printing market by printer type, 2014 - 2025 (USD Million)
TABLE 76 Asia-Pacific (APAC) 3D printing market by technology, 2014 - 2025 (USD Million)
TABLE 77 Asia-Pacific (APAC) 3D printing market by software, 2014 - 2025 (USD Million)
TABLE 78 Asia-Pacific (APAC) 3D printing market by application, 2014 - 2025 (USD Million)
TABLE 79 Asia-Pacific (APAC) 3D printing market by vertical, 2014 - 2025 (USD Million)
TABLE 80 China 3D printing market by printer type, 2014 - 2025 (USD Million)
TABLE 81 China 3D printing market by technology, 2014 - 2025 (USD Million)
TABLE 82 China 3D printing market by software, 2014 - 2025 (USD Million)
TABLE 83 China 3D printing market by application, 2014 - 2025 (USD Million)
TABLE 84 China 3D printing market by vertical, 2014 - 2025 (USD Million)
TABLE 85 Japan 3D printing market by printer type, 2014 - 2025 (USD Million)
TABLE 86 Japan 3D printing market by technology, 2014 - 2025 (USD Million)
TABLE 87 Japan 3D printing market by software, 2014 - 2025 (USD Million)
TABLE 88 Japan 3D printing market by application, 2014 - 2025 (USD Million)
TABLE 89 Japan 3D printing market by vertical, 2014 - 2025 (USD Million)
TABLE 90 South Korea 3D printing market by printer type, 2014 - 2025 (USD Million)
TABLE 91 South Korea 3D printing market by technology, 2014 - 2025 (USD Million)
TABLE 92 South Korea 3D printing market by software, 2014 - 2025 (USD Million)
TABLE 93 South Korea 3D printing market by application, 2014 - 2025 (USD Million)
TABLE 94 South Korea 3D printing market by vertical, 2014 - 2025 (USD Million)
TABLE 95 South America 3D printing market by printer type, 2014 - 2025 (USD Million)
TABLE 96 South America 3D printing market by technology, 2014 - 2025 (USD Million)
TABLE 97 South America 3D printing market by software, 2014 - 2025 (USD Million)
TABLE 98 South America 3D printing market by application, 2014 - 2025 (USD Million)
TABLE 99 South America 3D printing market by vertical, 2014 - 2025 (USD Million)
TABLE 100 Brazil 3D printing market by printer type, 2014 - 2025 (USD Million)
TABLE 101 Brazil 3D printing market by technology, 2014 - 2025 (USD Million)
TABLE 102 Brazil 3D printing market by software, 2014 - 2025 (USD Million)
TABLE 103 Brazil 3D printing market by application, 2014 - 2025 (USD Million)
TABLE 104 Brazil 3D printing market by vertical, 2014 - 2025 (USD Million)
TABLE 105 MEA 3D printing market by printer type, 2014 - 2025 (USD Million)
TABLE 106 MEA 3D printing market by technology, 2014 - 2025 (USD Million)
TABLE 107 MEA 3D printing market by software, 2014 - 2025 (USD Million)
TABLE 108 MEA 3D printing market by application, 2014 - 2025 (USD Million)
TABLE 109 MEA 3D printing market by vertical, 2014 - 2025 (USD Million)