3D Printer Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

3D printing, also known as additive manufacturing (AM), is a technique for creating three-dimensional objects in which layers of material are produced under computer control. In recent years, 3D printing has gained a lot of attention in the media. In some industries, 3-D printing has progressed from a prototyping to a manufacturing system in recent years, as new materials and processes have expanded capabilities and reduced costs to the point where small businesses and also the individual consumers can now afford to create and make their own 3-dimensional objects.

MARKET SCOPE

The "Global 3D printer Market Analysis to 2031" is a specialized and in-depth study of the 3D printer Market with a special focus on the global market trend analysis. The report aims to provide an overview of 3D printer market with detailed market segmentation by technology and application. The global 3D printer market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading 3D printer market player and offers key trends and opportunities in the 3D printer market.

MARKET SEGMENTATION

  Based on technology the market is segmented as, stereo

 lithography, digital light processing, fused deposition modelling, selective laser sintering, selective laser melting, electron beam melting, binder jetting, laminated object manufacturing.

  Further, based on application the market is segmented as, manufacturing, medical, defense, education and research, others.

MARKET DYNAMICS

Drivers

•   The capacity to produce customized items, as well as the reduction of errors and development costs and time, are driving the 3D printer market.
  
•   Furthermore, the increased use of 3D printing in healthcare and other industries is expected to fuel the market growth.
  
•   Growing adoption of 3D printer across verticals is also expected to propel market growth during the forecast period.
  

Restraints

•   High cost of 3D printers and dearth of skilled people is expected to restrain market growth.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global 3D printer market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The 3D printer market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting 3D printer Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the 3D printer market in these regions.

IMPACT OF COVID-19 ON 3D PRINTER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The reports cover key developments in the 3D printer market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from 3D printer market are anticipated to lucrative growth opportunities in the future with the rising demand for 3D printer market. Below mentioned is the list of few companies engaged in the 3D printer market.

The report also includes the profiles of key 3D printer market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Stratasys Ltd
  
•   Materialise NV
  
•   SLM Solutions
  
•   Nano Dimension
  
•   ExOne
  
•   Organovo Holdings Inc.
  
•   voxeljet AG
  
•   HP Development Company, L.P
  
•   Proto Labs
  
•   3D Systems Inc.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

3D Printer Report Scope

Report Attribute	Details
Market size in 2023	US$ XX Million
Market Size by 2031	US$ XX Million
Global CAGR (2023 - 2031)	XX%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Technology Stereo-Lithography Digital Light Processing Fused Deposition Modelling Selective Laser Sintering Selective Laser Melting Electron Beam Melting Binder Jetting Material Jetting/Wax Casting Laminated Object Manufacturing By Application Manufacturing Medical Defense Education and Research
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Stratasys Ltd. Materialise NV SLM Solutions Nano Dimension ExOne Organovo Holdings Inc. voxeljet AG HP Development Company, L.P Proto Labs