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Report
3D PRINTING - MARKET DYNAMICS & COMPANY INSIGHTS, 2024
Market Report I 2025-01-01 I 198 Pages I MarketsandMarkets
The 3D printing market is poised on the edge of a significant growth trajectory, driven by technological advancements and expanding applications across various sectors. In addition to the description of the 3D printing market, this report also covers the key drivers and restraints, competitive landscape, company profiles, and evaluation matrix for both key players as well as startups/SMEs present in the market.
3D printing is an innovation that revolutionizes manufacturing, prototyping, and even supply chain dynamics and has been embraced across multiple verticals, including the aerospace, automotive, and healthcare sectors, which are actively leveraging 3D printing technologies for efficient production solutions.
Market Description
3D printing, a process of creating three-dimensional objects from digital files, , allows for customization and creates opportunities for innovation in manufacturing techniques. The technology offers significant cost reductions in manufacturing and assists in producing complex geometric structures that are laborious or impossible with traditional methods. 3D printing has numerous applications in various domains, ranging from aerospace to healthcare.
Market Dynamics
Key Driver: Ease in Manufacturing Customized Products
The ease of manufacturing customized products is one of the main drivers pushing the adoption of 3D printing technology. The capability to produce intricate designs with minimal waste allows manufacturers to meet specific customer requirements effectively and efficiently, reducing overproduction and keeping inventory costs low.
Key Restraint: High Material Costs
Despite its transformative potential, the 3D printing market faces several obstacles, the most significant of which is the high cost of materials. The cost of metals and specialized plastics required for 3D printing is significantly higher compared to traditional materials, which hinders widespread adoption across cost-sensitive industries.
Key Challenge: Ensuring Consistent Quality
A significant challenge in the industry is ensuring the consistent quality of final products. There is an ongoing need to develop standards that ensure repeatability and reliability across printing batches, which is crucial for acceptance in sectors like aerospace and healthcare.
Opportunity: Post-Pandemic Demand for Medical Products
In the medical sector, the COVID-19 pandemic showcased the role that 3D printing can play in addressing urgent demands for medical supplies, such as protective gear and parts for ventilation systems, highlighting a potential for large-scale adoption in the future.
Competitive Landscape
The competitive landscape of the 3D printing market is populated by a mix of established companies and dynamic startups. Top companies, such as Stratasys, 3D Systems, Inc., HP, and EOS GmbH, are leaders due to their extensive product portfolios and continuous innovation strategies. These companies, and startups such as Xometry and Proto3000 form a competitive ecosystem energized by rapid technological advancements and evolving customer requirements.
Key Players
Stratasys: Stratasys is a leader in providing 3D printing solutions and is known for its innovations in material sciences and applications in the automotive and medical industries.
3D Systems, Inc.: 3D Systems is a pioneer in 3D printing technology focusing on precision and product reliability, especially in the healthcare and aerospace industries.
Startups
Xometry: Xometry specializes in advanced manufacturing solutions, offering a comprehensive platform that integrates a wide range of services beyond traditional 3D printing.
Proto3000: Known for innovative dental and medical 3D printing applications, Proto3000 emphasizes precision and customizability.
Evaluation Matrix
An evaluation matrix assesses the position of key companies and startups/SMEs within the market based on several criteria, including innovation, market reach, and financial strength. The matrix highlights progressive companies as those that manage to combine traditional manufacturing strengths with innovative 3D printing solutions, while responsive companies adapt quickly to technological shifts and market demands.
Conclusion
The 3D printing market in 2024 presents a complex landscape where opportunities and challenges coexist. Continued innovation, combined with strategic investments and partnerships, will play a crucial role in shaping the future of 3D printing. This report highlights the importance of adapting to rapidly changing market conditions and emphasizing quality and cost-efficiency to unlock the full potential of 3D printing across industries.
1 EXECUTIVE SUMMARY 14
2 MARKET OVERVIEW 20
2.1 INTRODUCTION 20
2.2 EVOLUTION OF 3D PRINTING 20
2.2.1 IMPACT OF 3D PRINTING, BY VERTICAL 21
2.3 MARKET DYNAMICS 22
2.3.1 DRIVERS 23
2.3.1.1 Ease in manufacturing of customized products 23
2.3.1.2 Reduction in manufacturing costs and process downtime 24
2.3.1.3 Increasing government-led investments in 3D printing projects 24
2.3.1.4 Availability of various industrial-grade 3D printing materials 26
2.3.1.5 High demand for lightweight yet durable parts in aerospace & defense vertical 27
2.3.2 RESTRAINTS 28
2.3.2.1 Lack of standardized testing methods to verify mechanical properties of 3D printing materials and high raw material costs 28
2.3.2.2 Inadequate design and process control data due to lack of printing material specifications 29
2.3.3 OPPORTUNITIES 30
2.3.3.1 Increasing demand for medical products and supplies in post-pandemic scenario 30
2.3.3.2 Rapid advancements in printing technologies and materials and development of knowledge and skill progression frameworks 31
2.3.3.3 Emerging applications of 3D printing technology in automotive, printed electronics, jewelry, and education verticals 32
2.3.3.4 Advancements in 3D printing materials 34
2.3.4 CHALLENGES 35
2.3.4.1 Ensuring consistent quality of final 3D-printed products with repeatable and stable production processes 35
2.3.4.2 Threat of copyright infringement 36
2.3.4.3 Decline in sales of 3D printing devices attributed to recession 36
2.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES 37
2.5 PRICING ANALYSIS 38
2.5.1 AVERAGE SELLING PRICE (ASP) OF 3D PRINTERS OFFERED BY KEY PLAYERS, BY TYPE 39
2.5.2 AVERAGE SELLING PRICE (ASP) TREND OF 3D PRINTERS, BY REGION 40
2.6 VALUE CHAIN ANALYSIS 41
2.6.1 RESEARCH AND DEVELOPMENT ENGINEERS 42
2.6.2 MATERIAL AND SOFTWARE PROVIDERS 42
2.6.3 MANUFACTURERS 42
2.6.4 SERVICE PROVIDERS 42
2.6.5 END-USER INDUSTRIES 43
2.6.6 AFTER-SALES SERVICE PROVIDERS 43
2.7 ECOSYSTEM ANALYSIS 43
2.7.1 MATERIAL SUPPLIERS 43
2.7.1.1 Polymer providers 44
2.7.1.2 Metal providers 44
2.7.2 SOFTWARE PROVIDERS 44
2.7.3 PRINTER PROVIDERS 44
2.7.3.1 Industrial 3D printer providers 44
2.7.3.2 Desktop 3D printer providers 44
2.8 INVESTMENT AND FUNDING SCENARIO 46
2.9 TECHNOLOGY ANALYSIS 47
2.9.1 KEY TECHNOLOGY 48
2.9.1.1 Hybrid manufacturing 48
2.9.1.2 MELD process 48
2.9.2 COMPLEMENTARY TECHNOLOGY 49
2.9.2.1 3D bioprinting and tissue engineering 49
2.9.2.2 IoT integration and connectivity 49
2.9.3 ADJACENT TECHNOLOGY 50
2.9.3.1 Computer numerical control (CNC) machining 50
2.9.3.2 Injection molding 51
2.10 PATENT ANALYSIS 52
2.10.1 LIST OF PATENTS 52
2.11 TRADE ANALYSIS 58
2.11.1 IMPORT SCENARIO 58
2.11.2 EXPORT SCENARIO 59
2.12 KEY CONFERENCES AND EVENTS, 2024-2025 59
2.13 CASE STUDY ANALYSIS 62
2.13.1 SWINBURNE UNIVERSITY COLLABORATED WITH RENISHAW TO ENHANCE ELECTRIC CARS' PERFORMANCE IN COMPETITION AGAINST PETROL-POWERED VEHICLES 62
2.13.2 LINEX CORPORATION ENHANCED INSPECTION PRECISION USING RENISHAW'S CUSTOM ADDITIVE MANUFACTURED STYLUS 62
2.13.3 PROTOLABS' DMLS SERVICE HELPED ALEX DEGNES ADDRESS TWO-STROKE ENGINE SPEED RECORD CHALLENGE 63
2.13.4 PEPSICO ACHIEVED RAPID TOOLING DEVELOPMENT, DURABILITY, AND COST REDUCTION USING NXE 400 3D PRINTER 63
2.13.5 LALALAND PRODUCTION AND DESIGN REVOLUTIONIZED FOOTWEAR MANUFACTURING USING NEXA3D'S SLS PRINTER 64
2.14 REGULATORY LANDSCAPE AND STANDARDS 64
2.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 64
2.14.2 STANDARDS RELATED TO 3D PRINTING 68
2.15 PORTER'S FIVE FORCES ANALYSIS 70
2.15.1 THREAT OF NEW ENTRANTS 71
2.15.2 THREAT OF SUBSTITUTES 71
2.15.3 BARGAINING POWER OF SUPPLIERS 71
2.15.4 BARGAINING POWER OF BUYERS 71
2.15.5 INTENSITY OF COMPETITIVE RIVALRY 71
KEY STAKEHOLDERS AND BUYING CRITERIA 72
2.15.6 KEY STAKEHOLDERS IN BUYING PROCESS 72
2.15.7 BUYING CRITERIA 73
3 COMPETITIVE LANDSCAPE 74
3.1 OVERVIEW 74
3.2 STRATEGIES ADOPTED BY MAJOR PLAYERS 74
3.3 REVENUE ANALYSIS, 2019-2023 76
3.4 MARKET SHARE ANALYSIS, 2023 76
3.5 VALUATION AND FINANCIAL METRICS, 2024 79
3.6 BRAND/PRODUCT COMPARISON 80
3.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 81
3.7.1 STARS 81
3.7.2 EMERGING LEADERS 81
3.7.3 PERVASIVE PLAYERS 81
3.7.4 PARTICIPANTS 81
3.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 83
3.7.5.1 Overall footprint 83
3.7.5.2 Offering footprint 84
3.7.5.3 Technology footprint 85
3.7.5.4 Process footprint 86
3.7.5.5 Application footprint 87
3.7.5.6 Vertical footprint 88
3.7.5.7 Region footprint 89
3.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 90
3.8.1 PROGRESSIVE COMPANIES 90
3.8.2 RESPONSIVE COMPANIES 90
3.8.3 DYNAMIC COMPANIES 90
3.8.4 STARTING BLOCKS 90
3.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 92
3.8.5.1 List of key startups/SMEs 92
3.8.5.2 Competitive benchmarking of key startups/SMEs 93
3.9 COMPETITIVE SCENARIOS AND TRENDS 94
3.9.1 PRODUCT LAUNCHES 94
3.9.2 DEALS 96
4 COMPANY PROFILES 98
4.1 KEY PLAYERS 98
4.1.1 STRATASYS 98
4.1.1.1 Business overview 98
4.1.1.2 Products/Solutions/Services offered 99
4.1.1.3 Recent developments 102
4.1.1.3.1 Product launches/developments 102
4.1.1.3.2 Deals 104
4.1.1.3.3 Others 107
4.1.1.4 MnM view 107
4.1.1.4.1 Key strengths/Right to win 107
4.1.1.4.2 Strategic choices 108
4.1.1.4.3 Weaknesses/Competitive threats 108
4.1.2 EOS GMBH 109
4.1.2.1 Business overview 109
4.1.2.2 Products/Solutions/Services offered 110
4.1.2.3 Recent developments 111
4.1.2.3.1 Product launches/developments 111
4.1.2.3.2 Deals 112
4.1.2.3.3 Expansions 113
4.1.2.4 MnM view 114
4.1.2.4.1 Key strengths/Right to win 114
4.1.2.4.2 Strategic choices 114
4.1.2.4.3 Weaknesses/Competitive threats 114
4.1.3 HP DEVELOPMENT COMPANY, L.P. 115
4.1.3.1 Business overview 115
4.1.3.2 Products/Solutions/Services offered 116
4.1.3.3 Recent developments 119
4.1.3.3.1 Product launches 119
4.1.3.3.2 Deals 120
4.1.3.3.3 Others 122
4.1.3.4 MnM view 122
4.1.3.4.1 Key strengths/Right to win 122
4.1.3.4.2 Strategic choices 122
4.1.3.4.3 Weaknesses/Competitive threats 122
4.1.4 3D SYSTEMS, INC. 123
4.1.4.1 Business overview 123
4.1.4.2 Products/Solutions/Services offered 124
4.1.4.3 Recent developments 127
4.1.4.3.1 Product launches 127
4.1.4.3.2 Deals 127
4.1.4.3.3 Others 131
4.1.4.4 MnM view 131
4.1.4.4.1 Key strengths/Right to win 131
4.1.4.4.2 Strategic choices 132
4.1.4.4.3 Weaknesses/Competitive threats 132
4.1.5 GENERAL ELECTRIC 133
4.1.5.1 Business overview 133
4.1.5.2 Products/Solutions/Services offered 134
4.1.5.3 Recent developments 136
4.1.5.3.1 Product launches 136
4.1.5.3.2 Deals 137
4.1.5.3.3 Others 138
4.1.5.4 MnM view 138
4.1.5.4.1 Key strengths/Right to win 138
4.1.5.4.2 Strategic choices 138
4.1.5.4.3 Weaknesses/Competitive threats 138
4.1.6 MATERIALISE NV 139
4.1.6.1 Business overview 139
4.1.6.2 Products/Solutions/Services offered 140
4.1.6.3 Recent developments 142
4.1.6.3.1 Product launches 142
4.1.6.3.2 Deals 143
4.1.6.3.3 Others 145
4.1.7 DESKTOP METAL, INC. 146
4.1.7.1 Business overview 146
4.1.7.2 Products/Solutions/Services offered 147
4.1.7.3 Recent developments 150
4.1.7.3.1 Product launches 150
4.1.7.3.2 Deals 151
4.1.8 VOXELJET AG 153
4.1.8.1 Business overview 153
4.1.8.2 Products/Solutions/Services offered 155
4.1.8.3 Recent developments 156
4.1.8.3.1 Product launches 156
4.1.8.3.2 Deals 157
4.1.8.3.3 Others 158
4.1.9 SLM SOLUTIONS (ACQUIRED BY NIKON INDIA PVT LTD) 159
4.1.9.1 Business overview 159
4.1.9.2 Products/Solutions/Services offered 161
4.1.9.3 Recent developments 162
4.1.9.3.1 Product launches 162
4.1.9.3.2 Deals 163
?
4.1.10 RENISHAW PLC. 165
4.1.10.1 Business overview 165
4.1.10.2 Products/Solutions/Services offered 166
4.1.10.3 Recent developments 167
4.1.10.3.1 Deals 167
4.2 OTHER PLAYERS 169
4.2.1 PROTOLABS 169
4.2.2 OPTOMEC, INC. 170
4.2.3 PRODWAYS GROUP 172
4.2.4 ULTIMAKER 173
4.2.5 TIERTIME 174
4.2.6 XYZPRINTING 175
4.2.7 HOGANAS AB 176
4.2.8 UNIONTECH 177
4.2.9 NEXA3D 178
4.2.10 TRUMPF 179
4.2.11 FORMLABS 180
4.2.12 MARKFORGED 181
4.2.13 CARBON 182
4.2.14 NANO DIMENSION 183
4.2.15 RAPID SHAPE GMBH 184
5 APPENDIX 185
5.1 INTRODUCTION 185
5.1.1 MARKET DEFINITION 185
5.1.1.1 Inclusions and exclusions 185
5.2 LIMITATIONS 186
5.3 STAKEHOLDERS 187
5.4 RECESSION IMPACT 187
5.5 RESEARCH METHODOLOGY 189
5.5.1 RESEARCH DATA 189
5.5.1.1 Secondary data 190
5.5.1.1.1 Key secondary sources 190
5.5.1.1.2 Key data from secondary sources 191
5.5.1.2 Primary data 191
5.5.1.2.1 Primary interviews with experts 192
5.5.1.2.2 Key data from primary sources 192
5.5.1.2.3 Key industry insights 193
5.5.1.2.4 Breakdown of primaries 193
?
5.6 DATA TRIANGULATION 194
5.6.1 RESEARCH ASSUMPTIONS 195
5.6.2 RISK ASSESSMENT 196
5.6.3 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON 3D PRINTING MARKET 196
5.7 AUTHOR DETAILS 197
TABLE 1 IMPACT OF 3D PRINTING, BY VERTICAL 21
TABLE 2 GLOBAL GOVERNMENT-LED FUNDING FOR 3D PRINTING PROJECTS 25
TABLE 3 AVERAGE SELLING PRICE (ASP) OF 3D PRINTERS OFFERED BY KEY PLAYERS,
BY TYPE (USD) 39
TABLE 4 ROLE OF COMPANIES IN 3D PRINTING ECOSYSTEM 45
TABLE 5 EMERGING 3D PRINTING TECHNOLOGIES 47
TABLE 6 LIST OF PATENTS RELATED TO 3D PRINTING, 2023 52
TABLE 7 TOP 10 PATENT OWNERS IN LAST 10 YEARS 57
TABLE 8 3D PRINTING MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024-2025 59
TABLE 9 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 65
TABLE 10 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 66
TABLE 11 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 67
TABLE 12 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 67
TABLE 13 NORTH AMERICA: SAFETY STANDARDS FOR 3D PRINTING 68
TABLE 14 EUROPE: SAFETY STANDARDS FOR 3D PRINTING 68
TABLE 15 ASIA PACIFIC: SAFETY STANDARDS FOR 3D PRINTING 69
TABLE 16 ROW: SAFETY STANDARDS FOR 3D PRINTING 69
TABLE 17 3D PRINTING MARKET: PORTER'S FIVE FORCES ANALYSIS 70
TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR
TOP THREE VERTICALS (%) 72
TABLE 19 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 73
TABLE 20 3D PRINTING MARKET: OVERVIEW OF KEY STRATEGIES DEPLOYED
BY MAJOR PLAYERS 74
TABLE 21 3D PRINTING MARKET: DEGREE OF COMPETITION, 2023 77
TABLE 22 3D PRINTING MARKET: COMPANY OFFERING FOOTPRINT 84
TABLE 23 3D PRINTING MARKET: COMPANY TECHNOLOGY FOOTPRINT 85
TABLE 24 3D PRINTING MARKET: COMPANY PROCESS FOOTPRINT 86
TABLE 25 3D PRINTING MARKET: COMPANY APPLICATION FOOTPRINT 87
TABLE 26 3D PRINTING MARKET: COMPANY VERTICAL FOOTPRINT 88
TABLE 27 3D PRINTING MARKET: COMPANY REGION FOOTPRINT 89
TABLE 28 3D PRINTING MARKET: LIST OF KEY STARTUPS/SMES 92
TABLE 29 3D PRINTING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 93
TABLE 30 3D PRINTING MARKET: PRODUCT LAUNCHES, NOVEMBER 2021-MARCH 2024 95
TABLE 31 3D PRINTING MARKET: DEALS, MAY 2022-MARCH 2024 96
TABLE 32 STRATASYS: COMPANY OVERVIEW 98
TABLE 33 STRATASYS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 99
TABLE 34 STRATASYS: PRODUCT LAUNCHES/DEVELOPMENTS 102
TABLE 35 STRATASYS: DEALS 104
TABLE 36 STRATASYS: OTHERS 107
TABLE 37 EOS GMBH: COMPANY OVERVIEW 109
TABLE 38 EOS GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 110
TABLE 39 EOS GMBH: PRODUCT LAUNCHES/DEVELOPMENTS 111
TABLE 40 EOS GMBH: DEALS 112
TABLE 41 EOS GMBH: EXPANSIONS 113
TABLE 42 HP DEVELOPMENT COMPANY, L.P.: COMPANY OVERVIEW 115
TABLE 43 HP DEVELOPMENT COMPANY, L.P.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 116
TABLE 44 HP DEVELOPMENT COMPANY, L.P.: PRODUCT LAUNCHES 119
TABLE 45 HP DEVELOPMENT COMPANY, L.P.: DEALS 120
TABLE 46 HP DEVELOPMENT COMPANY, L.P.: OTHERS 122
TABLE 47 3D SYSTEMS, INC.: COMPANY OVERVIEW 123
TABLE 48 3D SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 124
TABLE 49 3D SYSTEMS, INC.: PRODUCT LAUNCHES 127
TABLE 50 3D SYSTEMS, INC.: DEALS 127
TABLE 51 3D SYSTEMS, INC.: OTHERS 131
TABLE 52 GENERAL ELECTRIC: COMPANY OVERVIEW 133
TABLE 53 GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 134
TABLE 54 GENERAL ELECTRIC: PRODUCT LAUNCHES 136
TABLE 55 GENERAL ELECTRIC: DEALS 137
TABLE 56 GENERAL ELECTRIC: OTHERS 138
TABLE 57 MATERIALISE NV: COMPANY OVERVIEW 139
TABLE 58 MATERIALISE NV: PRODUCTS/SOLUTIONS/SERVICES OFFERED 140
TABLE 59 MATERIALISE NV: PRODUCT LAUNCHES 142
TABLE 60 MATERIALISE NV: DEALS 143
TABLE 61 MATERIALISE NV: OTHERS 145
TABLE 62 DESKTOP METAL, INC.: COMPANY OVERVIEW 146
TABLE 63 DESKTOP METAL, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 147
TABLE 64 DESKTOP METAL, INC.: PRODUCT LAUNCHES 150
TABLE 65 DESKTOP METAL, INC.: DEALS 151
TABLE 66 VOXELJET AG: COMPANY OVERVIEW 153
TABLE 67 VOXELJET AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 155
TABLE 68 VOXELJET AG: PRODUCT LAUNCHES 156
TABLE 69 VOXELJET AG: DEALS 157
TABLE 70 VOXELJET AG: OTHERS 158
TABLE 71 SLM SOLUTIONS: COMPANY OVERVIEW 159
TABLE 72 SLM SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 161
TABLE 73 SLM SOLUTIONS: PRODUCT LAUNCHES 162
TABLE 74 SLM SOLUTIONS: DEALS 163
TABLE 75 RENISHAW PLC.: COMPANY OVERVIEW 165
TABLE 76 RENISHAW PLC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 166
TABLE 77 RENISHAW PLC.: DEALS 167
FIGURE 1 SERVICES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 15
FIGURE 2 SELECTIVE LASER SINTERING (SLS) SEGMENT TO EXHIBIT HIGHEST CAGR
DURING FORECAST PERIOD 15
FIGURE 3 POWDER BED FUSION SEGMENT TO RECORD HIGHEST CAGR
DURING FORECAST PERIOD 16
FIGURE 4 FUNCTIONAL PART MANUFACTURING SEGMENT TO REGISTER HIGHEST
CAGR DURING FORECAST PERIOD 17
FIGURE 5 AUTOMOTIVE SEGMENT TO RECORD HIGHEST CAGR IN
3D PRINTING MARKET DURING FORECAST PERIOD 18
FIGURE 6 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN 3D PRINTING MARKET
DURING FORECAST PERIOD 19
FIGURE 7 3D PRINTING EVOLUTION 20
FIGURE 8 3D PRINTING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 22
FIGURE 9 3D PRINTING MARKET: IMPACT ANALYSIS OF DRIVERS 28
FIGURE 10 3D PRINTING MARKET: IMPACT ANALYSIS OF RESTRAINTS 30
FIGURE 11 3D PRINTING MARKET: IMPACT ANALYSIS OF OPPORTUNITIES 35
FIGURE 12 3D PRINTING MARKET: IMPACT ANALYSIS OF CHALLENGES 37
FIGURE 13 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES 37
FIGURE 14 AVERAGE SELLING PRICE (ASP) OF 3D PRINTERS OFFERED BY KEY PLAYERS,
BY TYPE (USD) 39
FIGURE 15 AVERAGE SELLING PRICE (ASP) TREND OF DESKTOP 3D PRINTERS, BY REGION, 2020-2029 (USD) 40
FIGURE 16 AVERAGE SELLING PRICE (ASP) TREND OF INDUSTRIAL 3D PRINTERS, BY REGION, 2020-2029 (USD) 41
FIGURE 17 3D PRINTING MARKET: VALUE CHAIN ANALYSIS 41
FIGURE 18 KEY PLAYERS IN 3D PRINTING ECOSYSTEM 43
FIGURE 19 INVESTMENT AND FUNDING SCENARIO FOR STARTUPS, 2024 (USD MILLION) 46
FIGURE 20 NUMBER OF PATENTS GRANTED PER YEAR, 2014-2024 56
FIGURE 21 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS
IN LAST 10 YEARS 57
FIGURE 22 IMPORT DATA FOR HS CODE 847790-COMPLIANT PRODUCTS, BY COUNTRY, 2019-2023 (USD MILLION) 58
FIGURE 23 EXPORT DATA FOR HS CODE 847790-COMPLIANT PRODUCTS, BY COUNTRY, 2019-2023 (USD MILLION) 59
FIGURE 24 3D PRINTING MARKET: PORTER'S FIVE FORCES ANALYSIS 70
FIGURE 25 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS 72
FIGURE 26 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 73
FIGURE 27 3D PRINTING MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019-2023 76
FIGURE 28 3D PRINTING MARKET SHARE ANALYSIS, 2023 77
FIGURE 29 MARKET CAPITALIZATION, 2024 (USD BILLION) 79
FIGURE 30 EV/EBITDA OF KEY VENDORS, 2024 79
FIGURE 31 3D PRINTING MARKET: BRAND/PRODUCT COMPARISON 80
FIGURE 32 3D PRINTING MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 82
FIGURE 33 3D PRINTING MARKET: COMPANY OVERALL FOOTPRINT 83
FIGURE 34 3D PRINTING MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 91
FIGURE 35 STRATASYS: COMPANY SNAPSHOT 99
FIGURE 36 HP DEVELOPMENT COMPANY, L.P.: COMPANY SNAPSHOT 116
FIGURE 37 3D SYSTEMS, INC.: COMPANY SNAPSHOT 124
FIGURE 38 GENERAL ELECTRIC: COMPANY SNAPSHOT 134
FIGURE 39 MATERIALISE NV: COMPANY SNAPSHOT 140
FIGURE 40 DESKTOP METAL, INC.: COMPANY SNAPSHOT 147
FIGURE 41 VOXELJET AG: COMPANY SNAPSHOT 154
FIGURE 42 SLM SOLUTIONS: COMPANY SNAPSHOT 160
FIGURE 43 RENISHAW PLC.: COMPANY SNAPSHOT 166
FIGURE 44 GDP GROWTH PROJECTION TILL 2023 FOR MAJOR ECONOMIES 188
FIGURE 45 3D PRINTING MARKET: RESEARCH DESIGN 189
FIGURE 46 DATA TRIANGULATION 194
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Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
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- Licenses
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License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
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- Global Site License
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The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
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- Formats
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The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
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- Delivery
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Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
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- Shipping Charges
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As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
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- Prices
- Ordering
- By Credit Card
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We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
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- By Money Transfer
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If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
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- By Credit Card
- Security
- Website security
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We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
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- Credit Card Security
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We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
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- Website security