The term 3D printing is defined as the process of making objects from 3D model data by using additive materials. This process represents all additive processes, technologies, systems, and applications and is also referred to as additive manufacturing. The global 3D printing market comprised 3D printers, printing materials, and service providers. The overall applications’ market includes both rapid prototyping and rapid manufacturing.
The major market for 3D printing is in the Americas; however, Europe and Asia-Pacific (APAC) are expected to grow at a high CAGR. The application market for 3D printing can be divided into aerospace industry, automotive industry, consumer, healthcare, government & defense, industrial/business machines, education & research, and others (arts, architecture, and forensics). 3D printing application in healthcare is expected to grow at the highest CAGR over the forecasted period.
The report provides the profile of major companies in the 3D printing market. The report also provides the competitive landscape of the key players, which indicates the growth strategy of the market. The report covers the entire value chain for the market from the raw material supplier to the end user. Along with the value chain, this report also provides an in-depth view on the application, technology, and material market. The 3D printing market is expected to reach $8.43 billion by 2020, at a CAGR of 14.37% between 2014 and 2020.
The report also provides the market dynamics like drivers, restraints, and opportunities. Apart from the market segmentation, the report also includes critical market data and qualitative information for each technology type along with the qualitative analysis, such as Porter’s five force analysis, value chain analysis, and market breakdown analysis.
The major players involved in 3D printing are 3D Systems, Inc. (U.S.), Arcam AB (Sweden), EnvisionTEC (Germany), EOS (Germany), ExOne (U.S.), Luxexcel Group BV (Netherlands), Microtec Gesellschaft Fur Microcomputervertrieb MBH (Germany), MakerBot Industries, LLC (U.S.), Materialise NV (Belgium), Mcor Technologies Ltd. (Ireland), Orgnavo Holdings, Inc. (U.S.), Optomec (U.S.), Stratasys Ltd. (U.S. and Israel), and Voxeljet AG (Germany). The detailed explanation of the different market segments is given below:
Market by Technology:The 3D printing technology segment comprises Stereolithography (SLA), Binder-Jetting, Poly-Jet Printing, Selective Laser Sintering, Direct Metal Laser Sintering, Electron Beam Melting (EBM), Fused Disposition Modeling (FDM), Wax Disposition Modeling (WDM), Laminated Object Manufacturing (LOM), Three-Dimensional Inkjet Printing (3DP), and other proprietary technologies.
Market by Material:The 3D printing market by material is broadly segmented into polymers, metals & alloys, ceramics, and others. The polymer market is further segmented into Acrylonitrile Butadiene Styrene (ABS), Polylatic Acid (PLA), Photopolymers, High-Density Polyethylene, Low-Density Polyethylene, nylon, and others. The sub segments of metals & alloys include steel, silver, aluminium, titanium, gold, and others. The ceramics market is segmented into glass, silica, quartz, and others. The “others” segment includes wax, laywood, metal foil, paper, and others.
Market by Application:The major application segment includes the aerospace industry, automotive industry, consumer products, healthcare, government & defense, industrial/business machines, education & research, and others. The “others” segment covers arts, architecture, and forensics.
Market by Geography:The 3D printing market is segmented by geography into four different regions, namely, the Americas, Europe, APAC, and RoW (Rest of the World).