About 3D Printer
3D printer is a device which produces three-dimensional solid structure from a digital file using additive processes in which material is laid down consecutively till is object forms. This process is helpful in producing intricate shapes with ease. Growing focus on reduction of material waste is propelling the market growth as manufacturers look to explore the possibilities of printing larger components.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Billion) |
Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global 3D Printer market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Stratasys Ltd. (United States), Graphene 3D lab (United States), EOS (Germany), Arcam AB (Sweden), Autodesk (United States), ExOne Co. (United States), 3D Systems Corp. (United States) and EnvisionTEC (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are GE Additive (United States), Materialise (Belgium), SLM Solutions (Germany), Voxeljet (Germany), and HP (United States).
Segmentation Overview
AMA Research has segmented the market of Global 3D Printer market by Type (Desktop 3D Printer and Industrial 3D Printer) and Region.
On the basis of geography, the market of 3D Printer 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 Technology, the sub-segment i.e. FDM will boost the 3D Printer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Automotive will boost the 3D Printer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Process, the sub-segment i.e. Binder Jetting will boost the 3D Printer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Software, the sub-segment i.e. Design will boost the 3D Printer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offering, the sub-segment i.e. Printer will boost the 3D Printer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand for Customized Products Across Industries and Increasing Dominance of Virtual Reality (VR)
Market Growth Drivers:
Growing Focus on Reducing Manufacturing Cost and Process and Time Consumed in It and Developments of New 3D Printing Materials Fueled by Government Support
Challenges:
Maintaining the Optimum Quality of the Products and Tackling the Threat of Copyright Violation and Production of Dangerous Items
Restraints:
Lack of Availability and High Cost of the Materials and Size Limitation as Large Items can't be Created
Opportunities:
Rapid Growth in Industrialization in Emerging Countries and Emergence of Industry 4.0
In September 2018, German company EOS has showcased its new EOS M 300-4 system which is a part of modular 3D printing platform for industrial additive manufacturing (AM) production. The EOS M 300 is automated, scalable and secured. The said 3D printer comes with 300x400 mm and is used across various fields such as automotive, aerospace, medical, automotive and tooling.
Key Target Audience
3D Printer Manufacturers, Suppliers/Distributors, Components Suppliers, End-users Industries, Potential Technology Investors, Market and Research Industries, Government Agencies, Research Institutes 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.