Abstract
Summary
The 3D printing market is projected to reach from USD 15.0 billion in 2023 to USD 34.5 billion by 2028, at a CAGR of 18.1%. Some key factors attributing to the growth of 3D printers involve ease in developing customized products, reduction in manufacturing cost and process downtime, government investments in 3D printing projects, and development of new industrial-grade 3D printing materials.
The recession’s impact on the 3D printing market has been analyzed in this study. The short-term outlook for semiconductors and materials revenues is expected to be worse in the third quarter of 2023. Rising inflation, increasing interest rates, unemployment, and energy crises will lead to slow economic activity. As a result, end-user industries experience deterioration of their businesses, cash flow, and ability to obtain financing, delaying or canceling product purchase plans.
Industrial printer market to hold a significant share of the 3D printer market during the forecast period
Industrial printers are used for professional and production purposes in the aerospace & defense, automotive, healthcare, consumer products, energy, jewellery, and engineering industries. Industrial printers are used to generate concept models, precision and functional prototypes, master patterns and molds for tooling, visual and functional prototypes, and real end-use parts. These printers use powders to develop molds and parts with superior accuracy up to 28 µm layer thickness. High-performance materials, resins, metals, and alloys are mixed to develop extremely resistant, flexible, and strong parts.
FDM technology to hold the largest share of 3D printing market during the forecast period
FDM technology can produce prototypes and functional parts faster and at a low cost from various thermoplastic materials. The lead times of FDM are short (as fast as next-day delivery) due to the high availability of the technology. A wide range of thermoplastic materials is available for prototyping and non-commercial functional applications. These materials are used to manufacture high-precision plastic components. FDM is a clean, simple-to-use, and office-friendly 3D printing technology. It supports production-grade thermoplastics, which are mechanically and environmentally stable, and the technology is used to develop complex geometries and cavities. Stratasys (US), Ultimaker (Netherlands), and Afinia 3D (US) are some of the leading companies providing FDM-based 3D printing systems and services.
Consumer products vertical for 3D printing market is expected to grow at the second highest CAGR during the forecast period
The 3D printing market for consumer products has been growing with the rise in the adoption of desktop or personal printers. The introduction of low-cost desktop 3D printers, costing below USD 1,000, has driven the adoption of 3D printers. Many start-up companies have entered the 3D printing industry with their services, such as designing, prototyping, or manufacturing customized functional products. Even the e-commerce giants such as Amazon (US), Staples (US), and the UPS Store (US) have entered the 3D printing market by providing customized consumer products as well as selling various branded desktop 3D printers.
Europe to hold a significant share of the 3D printing market during the forecast period
Europe is projected to hold a significantly large share for 3D printing market during the forecast period. Germany and the UK are the major countries contributing to the 3D printing market in Europe. The technique is widely used in the consumer, aerospace, automobile, and healthcare industries. Technological advancements, increased availability of various raw materials, regulatory policies, government support, low financial requirements, and the ability to facilitate fast and accurate product development are the major factors driving the 3D printing market in Europe. The European Space Agency (ESA) recently developed an X-Ray telescope using plasma metal deposition 3D printing. The ESA space telescope is designed to search for black holes and hot map structures to determine their physical properties. The demonstrator parts of this telescope will be designed and 3D printed by RHP Technology, an Austrian company.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the 3D printing market space. The break-up of primary participants for the report has been shown below:
• By Company Type: Tier 1 – 35%, Tier 2 – 40%, and Tier 3 – 25%
• By Designation: C-level Executives – 30%, Directors – 40%, and Others – 30%
• By Region: North America –40%, Asia Pacific– 25%, Europe – 30%, and RoW – 5%
The report profiles key players in the 3D printing market with their respective market ranking analysis. Prominent players profiled in this report are Intuitive Surgical (US), DJI (China), Daifuku (Japan), iRobot (US), Samsung Electronics (South Korea), JD.com Inc. (China), DeLaval (Sweden), Kongsberg Maritime (Norway), and Northrop Grumman (US) among others.
Research Coverage:
This research report categorizes the 3D printing market on the basis of type, component, environment, application, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the 3D printing market and forecasts the same till 2028 (including analysis of recession impact on the market). Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the 3D printing ecosystem.
Key Benefits of Buying the Report
The report would help leaders/new entrants in this market in the following ways:
1. This report segments the 3D printing market comprehensively and provides the closest market size projection for all subsegments across different regions.
2. The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.
3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, product developments and launches, partnerships, and mergers and acquisitions.
4. The analysis of the major 25 companies, based on the strength of the market rank as well as the product footprint will help stakeholders visualize the market positioning of these key players.
5. Patent analysis, trade data, porters five forces analysis, and technological analysis that will shape the market in the coming years has also been covered in this report.
Table of Contents
1 INTRODUCTION 34
1.1 STUDY OBJECTIVES 34
1.2 MARKET DEFINITION 34
1.3 STUDY SCOPE 35
1.3.1 MARKET SEGMENTATION 35
1.3.2 INCLUSIONS AND EXCLUSIONS 36
1.3.3 GEOGRAPHIC SCOPE 37
1.4 YEARS CONSIDERED 37
1.5 CURRENCY CONSIDERED 37
1.6 UNIT CONSIDERED 38
1.7 STAKEHOLDERS 38
1.8 SUMMARY OF CHANGES 38
2 RESEARCH METHODOLOGY 40
2.1 RESEARCH DATA 40
2.1.1 SECONDARY DATA 41
- 2.1.1.1 Secondary sources 41
2.1.2 PRIMARY DATA 42
- 2.1.2.1 Primary interviews with experts 42
- 2.1.2.2 Breakdown of primaries 42
- 2.1.2.3 Key data from primary sources 43
- 2.1.2.4 Key industry insights 44
2.2 MARKET SIZE ESTIMATION 44
2.2.1 TOP-DOWN APPROACH 45
- 2.2.1.1 Approach to capture market share through top-down analysis
2.2.2 BOTTOM-UP APPROACH 47
- 2.2.2.1 Approach to capture market share through bottom-up analysis (demand side) 47
2.3 MARKET PROJECTIONS 48
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 49
2.5 RESEARCH ASSUMPTIONS AND LIMITATIONS 50
2.5.1 ASSUMPTIONS FOR RESEARCH STUDY 50
2.5.2 LIMITATIONS 51
2.5.3 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION 51
2.5.4 RISK ASSESSMENT 52
3 EXECUTIVE SUMMARY 53
3.1 RECESSION IMPACT ANALYSIS 53
4 PREMIUM INSIGHTS 59
4.1 ATTRACTIVE OPPORTUNITIES IN 3D PRINTING MARKET 59
4.2 3D PRINTING MARKET, BY PRINTER TYPE 60
4.3 3D PRINTING MARKET, BY PROCESS 60
4.4 3D PRINTING MARKET IN NORTH AMERICA, BY OFFERING AND COUNTRY 61
4.5 3D PRINTING MARKET, BY REGION 61
5 MARKET OVERVIEW 62
5.1 INTRODUCTION 62
5.2 MARKET DYNAMICS 63
5.2.1 DRIVERS 65
- 5.2.1.1 Ease in development of customized products 65
- 5.2.1.2 Reduction in manufacturing cost and process downtime 66
- 5.2.1.3 Global government investment in 3D printing projects 66
- 5.2.1.4 Availability of wide variety of industrial-grade 3D printing materials 67
5.2.2 RESTRAINTS 68
- 5.2.2.1 Lack of standardized testing methods to verify mechanical properties of 3D printing materials and high cost of raw materials 68
- 5.2.2.2 Inadequate design and process control data due to lack of printing material specifications 68
5.2.3 OPPORTUNITIES 69
- 5.2.3.1 Increasing demand for medical products and supplies in post-pandemic scenario 69
- 5.2.3.2 Rapid advancements in printing technologies and materials and development of knowledge and skills progression framework 69
- 5.2.3.3 Emerging applications of 3D printing technology in automotive, printed electronics, jewelry, and education fields 69
5.2.4 CHALLENGES 71
- 5.2.4.1 Ensuring consistent quality of final 3D product with repeatable and stable production processes 71
- 5.2.4.2 Threat of copyright infringement 71
- 5.2.4.3 Decline in sales of 3D printing devices due to recession impact 71
5.3 CASE STUDIES 71
5.3.1 ASHLEY FURNITURE MANUFACTURED REPLACEMENT AND SPARE PARTS USING 3D PRINTING TECHNOLOGY TO REDUCE OVERALL COST 71
5.3.2 FLASHFORGE DEVELOPED 3D PRINTING SOLUTIONS TO UPGRADE CHANNEL LETTER PRODUCTION TECHNOLOGY AT REDUCED COST 72
5.3.3 3D PRINTED TECHNOLOGY WAS ADOPTED BY ADIDAS TO MANUFACTURE STANDARD MIDSOLES AND BY BOA TO PRODUCE FASTENERS FOR SNEAKERS 72
5.3.4 DLR INCORPORATED ADDITIVE MANUFACTURING TO OPTIMIZE FLUID DYNAMICS 72
5.3.5 ACS USED 3D PRINTERS TO PRINT CUSTOM EAR PRODUCTS, HEARING AIDS, AND EARPHONES IN BULK 72
5.3.6 PORSCHE ADOPTED ADDITIVE MANUFACTURING TECHNIQUE TO PRODUCE EV PARTS 73
5.3.7 DECATHLON AND COBRA GOLF USED 3D PRINTING TECHNOLOGY TO DESIGN SPORTS EQUIPMENT 73
5.3.8 NEXA3D AND FORM LABS DEVELOPED NASOPHARYNGEAL (NP) SWABS AND FACE SHIELDS USING 3D PRINTING TECHNIQUE TO COPE WITH COVID-19 73
5.3.9 WAVEOPTICS AND LUXECEL CREATED 3D-PRINTED MODULE TO DESIGN AND MANUFACTURE LENSES AND EYEGLASSES 73
5.3.10 BMW INCORPORATED 3D PRINTERS TO PRODUCE POLYMER PARTS USING MULTI-JET FUSION AND SELECTIVE LASER SINTERING TECHNIQUES 74
5.4 PRICING ANALYSIS 74
5.5 VALUE CHAIN ANALYSIS 75
5.6 ECOSYSTEM MAPPING 77
5.6.1 MATERIAL SUPPLIERS 78
- 5.6.1.1 Polymer providers 78
- 5.6.1.2 Metal providers 78
5.6.2 SOFTWARE PROVIDERS 78
5.6.3 PRINTER PROVIDERS 78
- 5.6.3.1 Industrial 3D printer providers 78
- 5.6.3.2 Desktop 3D printer providers 78
5.7 TECHNOLOGY ANALYSIS 80
5.7.1 KEY EMERGING TECHNOLOGIES 81
- 5.7.1.1 Hybrid manufacturing 81
5.7.2 ADJACENT TECHNOLOGIES 81
- 5.7.2.1 CNC machining 81
5.8 TECHNOLOGY TRENDS 81
5.8.1 SHIFT TOWARD SERVICE PROVIDERS FOR FUNCTIONAL PARTS 81
5.8.2 ENTRY OF PRINTING GIANTS INTO 3D PRINTING MARKET 82
5.8.3 CONSOLIDATION OF 3D PRINTING MARKET WITH ENTRY OF LARGE INDUSTRIAL ENTERPRISES 82
5.9 PATENT ANALYSIS 83
5.9.1 MAJOR PATENTS 84
5.10 TRADE DATA 86
5.10.1 IMPORT SCENARIO 86
5.10.2 EXPORT SCENARIO 87
5.11 PORTER’S FIVE FORCES ANALYSIS 87
5.11.1 THREAT OF NEW ENTRANTS 88
5.11.2 THREAT OF SUBSTITUTES 88
5.11.3 BARGAINING POWER OF SUPPLIERS 89
5.11.4 BARGAINING POWER OF BUYERS 89
5.11.5 INTENSITY OF COMPETITIVE RIVALRY 89
5.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 90
5.13 TARIFF AND REGULATORY LANDSCAPE 90
5.13.1 STANDARDS AND REGULATIONS 91
- 5.13.1.1 Europe 91
- 5.13.1.2 US 91
- 5.13.1.3 Australia 92
- 5.13.1.4 China 93
- 5.13.1.5 Global 93
6 3D PRINTING MARKET, BY OFFERING 94
6.1 INTRODUCTION 95
6.2 PRINTERS 96
6.2.1 DESKTOP PRINTERS 99
- 6.2.1.1 Growing use of desktop printers in schools and universities to drive market 99
6.2.2 INDUSTRIAL PRINTERS 100
- 6.2.2.1 Increasing adoption of industrial printers to generate concept models, precision and functional prototypes, and master patterns and molds to boost market 100
6.3 MATERIALS 100
6.3.1 PLASTICS 103
- 6.3.1.1 Thermoplastics 104
- 6.3.1.1.1 Acrylonitrile butadiene styrene (ABS) 105
- 6.3.1.1.1.1 Ideal for prototyping and functional part manufacturing 105
- 6.3.1.1.2 Polylactic acid (PLA) 105
- 6.3.1.1.2.1 Most eco-friendly materials used in 3D plastic printing processes 105
- 6.3.1.1.3 Nylon 106
- 6.3.1.1.3.1 Useful in prototyping, jigs and fixtures, tooling, and short-run production of components 106
- 6.3.1.1.4 Others 107
- 6.3.1.1.4.1 Polypropylene 107
- 6.3.1.1.4.2 Polycarbonate 107
- 6.3.1.1.4.3 Polyvinyl alcohol (PVA) 108
- 6.3.1.1.1 Acrylonitrile butadiene styrene (ABS) 105
- 6.3.1.2 Photopolymers 108
- 6.3.1.2.1 Use of photopolymers in electronics, healthcare, packaging, sports and leisure, automotive, military, and consumer products applications 108
- 6.3.1.1 Thermoplastics 104
6.3.2 METALS 108
- 6.3.2.1 Steel 109
- 6.3.2.1.1 Use of stainless steel to strengthen 3D-printed model 109
- 6.3.2.2 Aluminum 110
- 6.3.2.2.1 Adoption of alumide to build complex models, small series of models, and functional models 110
- 6.3.2.3 Titanium 110
- 6.3.2.3.1 Integration of titanium powder to make models strong and precise 110
- 6.3.2.4 Nickel 110
- 6.3.2.4.1 Application of metal alloys in aerospace & defense to manufacturing rocket parts, gas turbine blades, filtration and separation units, and heat exchangers 110
- 6.3.2.5 Other metals 110
- 6.3.2.1 Steel 109
6.3.3 CERAMICS 111
- 6.3.3.1 Implementation of ceramics in printing home decor and tableware products 111
6.3.4 OTHER MATERIALS 111
- 6.3.4.1 Wax 112
- 6.3.4.2 Laywood 112
- 6.3.4.3 Paper 112
- 6.3.4.4 Biocompatible materials 112
6.3.5 3D PRINTING MARKET FOR MATERIALS, BY FORM 112
- 6.3.5.1 Filament 113
- 6.3.5.1.1 Availability of general plastics in filament form for 3D printing applications 113
- 6.3.5.2 Powder 113
- 6.3.5.2.1 Use of metal powers in aerospace & defense and jewelry and fashion design industries 113
- 6.3.5.3 Liquid 113
- 6.3.5.3.1 Leveraging liquid metals, hot glue, chocolate, SLA resins, and bio-ink in 3D printing 113
- 6.3.5.1 Filament 113
6.4 SOFTWARE 113
6.4.1 BENEFIT OF SOFTWARE SOLUTIONS TO MANIPULATE 3D MODELS ACCORDING TO REAL-WORLD ENVIRONMENTS BEFORE PRINTING 113
6.4.2 DESIGN 116
- 6.4.2.1 Integration of design software to create drawings of parts and assemblies 116
6.4.3 INSPECTION 116
- 6.4.3.1 Development of inspection software to ensure compliance of prototypes with required specifications 116
6.4.4 PRINTING 116
- 6.4.4.1 Use of printing software to analyze precision in printer functioning 116
6.4.5 SCANNING 116
- 6.4.5.1 Implementation of scanning software to create digital models and improve designs of physical objects 116
6.5 SERVICES 117
6.5.1 AFTER-SALES AND CUSTOMIZED MANUFACTURING SERVICE PROVIDERS TO BE CRUCIAL PLAYERS IN 3D PRINTING MARKET 117
7 3D PRINTING MARKET, BY TECHNOLOGY 120
7.1 INTRODUCTION 121
7.2 FUSED DEPOSITION MODELLING (FDM) 122
7.2.1 CLEAN, SIMPLE-TO-USE, AND OFFICE-FRIENDLY 3D PRINTING TECHNOLOGY 122
7.3 STEREOLITHOGRAPHY (SLA) 123
7.3.1 IDEAL TECHNOLOGY FOR ANATOMICAL, CONCEPT, AND ARCHITECTURAL MODELS 123
7.4 SELECTIVE LASER SINTERING (SLS) 123
7.4.1 USEFUL TECHNOLOGY TO BUILD PARTS WITH JOINTS, SNAP FITS, AND LIVING HINGES 123
7.5 POLYJET PRINTING/MULTIJET PRINTING (MJP) 123
7.5.1 WIDE ADOPTION OF TECHNOLOGY TO DEVELOP HIGHLY ACCURATE MODELS WITH INTRICATE DETAILS AND COMPLEX GEOMETRIES 123
7.6 ELECTRON BEAM MELTING (EBM) 124
7.6.1 SIGNIFICANT DEMAND FROM AEROSPACE AND AUTOMOTIVE SECTORS TO PRODUCE HIGH-DENSITY PARTS 124
7.7 DIGITAL LIGHT PROCESSING (DLP) 124
7.7.1 PROFICIENT IN PRODUCING ACCURATE PARTS WITH SMOOTH SURFACE FINISHING 124
7.8 DIRECT METAL LASER SINTERING (DMLS) 124
7.8.1 HELPFUL IN DEVELOPING DURABLE AND HEAT-RESISTANT COMPONENTS 124
7.9 OTHER TECHNOLOGIES 125
8 3D PRINTING MARKET, BY PROCESS 127
8.1 INTRODUCTION 128
8.2 POWDER BED FUSION 130
8.2.1 ADOPTION OF POWDER BED FUSION PROCESS FOR 3D PRINTERS BASED ON DMLS, EBM, SHS, SLM, AND SLS TECHNOLOGIES 130
8.3 VAT PHOTOPOLYMERIZATION 131
8.3.1 IMPLEMENTATION OF PHOTOPOLYMERIZATION PROCESS OWING TO SUPERIOR SURFACE FINISH AND HIGH ACCURACY 131
8.4 BINDER JETTING 132
8.4.1 BINDER JETTING SUITABLE FOR MATERIALS AVAILABLE IN POWDERED FORM 132
8.5 MATERIAL EXTRUSION 133
8.5.1 WIDE ADOPTION OF MATERIAL EXTRUSION PROCESS DUE TO ITS SIMPLE PRINTING TECHNIQUE 133
8.6 MATERIAL JETTING 134
8.6.1 USE OF MATERIAL JETTING PROCESS TO REDUCE MATERIAL WASTAGE 134
8.7 OTHER PROCESSES 135
8.7.1 DIRECTED ENERGY DEPOSITION 136
8.7.2 SHEET LAMINATION 136
9 3D PRINTING MARKET, BY APPLICATION 137
9.1 INTRODUCTION 138
9.2 PROTOTYPING 139
9.2.1 REDUCTION IN MATERIAL WASTAGE AND OPERATIONAL COST THROUGH ADOPTION OF 3D PRINTING WHILE MANUFACTURING PROTOTYPE MODELS 139
9.3 TOOLING 141
9.3.1 USE OF 3D PRINTING IN MANUFACTURING COMPLEX COMPONENTS AND TOOLS AT LARGE SCALE 141
9.4 FUNCTIONAL PART MANUFACTURING 142
9.4.1 ADVANCEMENTS IN PRINTING TECHNOLOGY TO ENABLE HIGH-VOLUME PRODUCTION OF MECHANICALLY FUNCTIONAL PARTS 142
10 3D PRINTING MARKET, BY VERTICAL 144
10.1 INTRODUCTION 145
10.2 AUTOMOTIVE 147
10.2.1 EARLY ADOPTION OF 3D PRINTING BY AUTO COMPANIES FOR PROTOTYPING AND END-PART PRINTING 147
10.3 AEROSPACE & DEFENSE 149
10.3.1 SIGNIFICANT INVESTMENTS BY ESTABLISHED PLAYERS TO DEVELOP 3D-PRINTED MODELS FOR NEWER AEROSPACE & DEFENSE APPLICATIONS 149
10.4 HEALTHCARE 151
10.4.1 RAPID ADVANCEMENTS IN 3D PRINTING TECHNOLOGY FOR MEDICAL PRODUCTS AND DENTISTRY APPLICATIONS 151
10.5 ARCHITECTURE & CONSTRUCTION 153
10.5.1 USE OF 3D PRINTING TO BUILD 3D STRUCTURES, INCLUDING HOUSES AND APARTMENTS 153
10.6 CONSUMER PRODUCTS 155
10.6.1 INCREASING USE OF DESKTOP OR PERSONAL PRINTERS TO CONTRIBUTE TO SEGMENTAL MARKET GROWTH 155
10.7 EDUCATION 157
10.7.1 HIGHLY ATTRACTIVE MARKET FOR 3D PRINTING PLAYERS IN NORTH AMERICA AND EUROPE 157
10.8 INDUSTRIAL 159
10.8.1 APPLICATION OF ADDITIVE MANUFACTURING IN TOOLING, SPECIAL MACHINERY MANUFACTURING, AND ROBOTICS 159
10.9 ENERGY 160
10.9.1 USE OF 3D PRINTING TECHNOLOGY FOR SMALL-SCALE MANUFACTURING AND REPAIR ACTIVITIES 160
10.10 PRINTED ELECTRONICS 162
10.10.1 INCORPORATION OF 3D PRINTING TECHNOLOGY TO PRINT ELECTRONIC DEVICES 162
10.11 JEWELRY 163
10.11.1 ADOPTION OF 3D PRINTING TECHNOLOGY TO DESIGN CUSTOMIZED JEWELRY ITEMS WITH HIGHER ACCURACY AND SPEED 163
10.12 FOOD & CULINARY 165
10.12.1 NEW TREND OF PRINTING FOOD ITEMS OF CUSTOMER CHOICE (PASTA AND CHOCOLATE) WITH REQUIRED NUTRIENTS 165
10.13 OTHER VERTICALS 166
11 3D PRINTING MARKET, BY REGION 168
11.1 INTRODUCTION 169
11.2 NORTH AMERICA 171
11.2.1 US 174
- 11.2.1.1 Huge venture capital investments in 3D printing technology to accelerate market growth 174
11.2.2 CANADA 175
- 11.2.2.1 Automotive and healthcare verticals to contribute to 3D printing market growth 175
11.2.3 MEXICO 175
- 11.2.3.1 Focus of companies and universities to increase awareness about benefits of 3D printing technology to drive market 175
11.3 EUROPE 175
11.3.1 GERMANY 178
- 11.3.1.1 Increasing demand for 3D printing by automobile companies in seat and car interior applications to propel market 178
11.3.2 UK 178
- 11.3.2.1 Government funding for cutting-edge technology-related programs to foster use of 3D printing technology in newer applications 178
11.3.3 FRANCE 179
- 11.3.3.1 Growing use of 3D printing in implants and prosthetics to drive market 179
11.3.4 ITALY 179
- 11.3.4.1 Aerospace, automotive, healthcare, and consumer products verticals to be key enablers of 3D printing technology 179
11.3.5 SPAIN 179
- 11.3.5.1 Focus of private companies to invest in 3D printing-related innovations to expedite market growth 179
11.3.6 REST OF EUROPE 179
11.4 ASIA PACIFIC 180
11.4.1 JAPAN 183
- 11.4.1.1 Increasing investments by government to accelerate research activities in 3D printing to boost growth 183
11.4.2 CHINA 183
- 11.4.2.1 Focus of global market players to strengthen their footprint in China to drive market 183
11.4.3 INDIA 184
- 11.4.3.1 Presence of 3D printing companies to stimulate market growth 184
11.4.4 SOUTH KOREA 184
- 11.4.4.1 Government funding to implement 3D printing technology in newer military and medical applications to encourage growth 184
11.4.5 REST OF ASIA PACIFIC 184
11.5 REST OF THE WORLD 185
11.5.1 MIDDLE EAST & AFRICA 187
- 11.5.1.1 Investment plans by South African public sector companies in building 3D printing infrastructure to support market growth 187
11.5.2 SOUTH AMERICA 187
- 11.5.2.1 Growing adoption of expansion and acquisition strategies by 3D printing companies to contribute to market growth 187
12 COMPETITIVE LANDSCAPE 188
12.1 OVERVIEW 188
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 188
12.2.1 PRODUCT PORTFOLIO 189
12.2.2 REGIONAL FOCUS 189
12.2.3 MANUFACTURING FOOTPRINT 189
12.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES 189
12.3 MARKET SHARE ANALYSIS: 3D PRINTING MARKET, 2022 190
12.4 FIVE-YEAR COMPANY REVENUE ANALYSIS 191
12.5 COMPANY EVALUATION QUADRANT, 2022 191
12.5.1 STARS 191
12.5.2 EMERGING LEADERS 191
12.5.3 PERVASIVE PLAYERS 192
12.5.4 PARTICIPANTS 192
12.5.5 COMPETITIVE BENCHMARKING (25 PLAYERS) 193
12.6 START-UPS/SMES EVALUATION MATRIX 196
12.6.1 PROGRESSIVE COMPANIES 197
12.6.2 RESPONSIVE COMPANIES 197
12.6.3 DYNAMIC COMPANIES 197
12.6.4 STARTING BLOCKS 197
12.7 COMPETITIVE SCENARIO AND TRENDS 199
12.7.1 PRODUCT LAUNCHES 199
12.7.2 DEALS 203
13 COMPANY PROFILES 216
13.1 KEY COMPANIES 216
13.1.1 STRATASYS 216
13.1.2 3D SYSTEMS 224
13.1.3 MATERIALISE 231
13.1.4 EOS 237
13.1.5 GENERAL ELECTRIC 241
13.1.6 DESKTOP METAL 247
13.1.7 VOXELJET 253
13.1.8 HP 258
13.1.9 SLM SOLUTIONS 263
13.1.10 RENISHAW 269
13.2 OTHER PLAYERS 274
13.2.1 PROTOLABS 274
13.2.2 CLEANGREEN3D 275
13.2.3 OPTOMEC 275
13.2.4 GROUPE GORGÉ 277
13.2.5 ULTIMAKER 278
13.2.6 BEIJING TIERTIME 279
13.2.7 XYZPRINTING 280
13.2.8 HÖGANÄS 281
13.2.9 COVESTRO 282
13.2.10 NEXA3D 283
13.2.11 TRUMPF 284
13.2.12 FORMLABS 285
13.2.13 MARKFORGED 286
13.2.14 CARBON 287
13.2.15 NANO DIMENSION 288
14 APPENDIX 289
14.1 DISCUSSION GUIDE 289
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 293
14.3 AVAILABLE CUSTOMIZATIONS 295
14.4 RELATED REPORTS 295
14.5 AUTHOR DETAILS 296