About 3D Printing in Education
3D printing also is known as ‘additive manufacturing’. This technology uses computer-aided design to create 3D objects using plastic, metal and composite materials which are layered to create physical models, pattern, tooling components, and production parts. 3D printing is very versatile in nature and it is used for engineering prototypes and tools for the manufacturing processes etc. The global 3D printing market in education is growing tremendously and offers products such as 3D printers and 3D printing services by many International and national manufacturers followed by APAC and EMEA countries.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
CAGR | 19.68% |
The market is concentrated with Key players who are involved in the growth of technology, 3D printing manufacturers are enabling their products with the help of Wi-Fi connectivity and cloud compatibility. Comparative analysis of players in the 3D printing market is done by Average Selling price (ASP) and Printing Processes. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global 3D Printing in Education market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3D systems (United States), EnvisionTEC (United States), Exone (United States), Materialise (Belgium), Statasys (United States), XYZ Printing (Taiwan), Graphene-3D Lab (United States) and Organovo Holdings (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Ultimaker (United States) and Voxeljet (Germany).
Segmentation Overview
AMA Research has segmented the market of Global 3D Printing in Education market by Type (3D printers, Materials and Services), Application (Aerospace Industry, Automobile Industry, Healthcare, Education, Medical sector [Prosthetic parts with biological material e.g. cartilage, bone, and skin], Creation of models, Military/Defense Sector, Footwear manufacturing and Printing circuit boards) and Region.
On the basis of geography, the market of 3D Printing in Education has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End users, the sub-segment i.e. K-12 will boost the 3D Printing in Education market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Announcement of Government Initiatives, Cloud-Based Platforms for 3D Printers and Development in IT Infrastructure for Education
Market Growth Drivers:
Rapid Development in 3D Printing Technology and Ability to Increase the Learning Process among Students
Challenges:
Popularity of Alternative Immersive Learning Platform (Augmented Reality and Virtual Reality Software) and Decreasing the Penetration of 3D Printing Technology
Restraints:
Lack of Awareness about 3D Printing in Education in Under-Developed Countries
Opportunities:
Use of Computer-aided Design (CAD) Software to Develop 3D models and The Advent of Industry Analysis in Education Market
Market Leaders and their expansionary development strategies
March 2019, 3D printer manufacturer XYZprinting has announced the launch of a new bundle program for teachers and schools, where a free 3D printer will be delivered alongside purchases of its K-12 STEAM curriculum. The bundle program is a part of a bid from XYZprinting to facilitate the use of 3D printers in the classroom, investing in and encouraging the educational market to purchase its 3D printing STEAM curriculum.
April 2019, Rigid.ink, a UK-based filament maker, has opened an online 3D printing course, the Institute of 3D Printing, exclusive to its members. and According to rigid.ink, If the course delivers all it promises, the 3D printing industry edges that little bit closer to the everyday man or woman. When learning really is made easy, the industry is no longer in the hands of big firms, professionals and hobbyists with the technological upper hand.
Key Target Audience
Regional and International vendors, Education market players, 3D printing manufacturers, Government and regional agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.