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Global Non-Metal 3D Printing Market - Analysis & Forecast 2016-2022

Global Non-Metal 3D Printing Market - Analysis & Forecast 2016-2022

  • July 2016
  • 201 pages
  • ID: 4818027
  • Format: PDF
  • By BIS Research

Summary

Table of Contents

Description
Non-metal 3D printing is rapidly evolving, and with increasing technological advancement and the decline in prices of the printers, it is gradually becoming more pervasive, thus, changing the face of the consumer industry. The market is estimated to witness growth at a CAGR of 28.9% over the period of 2016 to 2022.

The Non-metal 3D printing market comprises of the technologies such as Fused Deposition Modeling(FDM), Stereolithography (SLA), Selective Laser Sintering (SLS), Digital Light Processing (DLP), PolyJet printing (PJP) among others and materials like Plastics & photopolymer, ceramics, composites, Paper and Wax that can be used in various industry verticals such as automotive, aerospace & defense, healthcare, fashion & aesthetics and consumer sector. The growth in the market is attributed to its wide range of products and great acceptability across various industry verticals.

The report is a compilation of different segments of Global non-metal 3D printing including market breakdown by components, applications and different geographical areas. The revenue generated from 3D printers and materials in the market has been tracked to calculate the market size. Under this component, the technologies by industrial vertical and its application areas which are shaping the market have also been explained.

While highlighting the key driving and restraining forces for this market, the report also provides a detailed explanation of the technologies used in non-metal 3D printing and application areas of this market. It also analyzes the key players involved in the industry.

The report answers the following questions about the Global non-metal 3D printing market:
- What are the dominant components, systems & services used in Non-metal 3D printing market?
- What are the materials used for non-metal 3D printing?
- What are the technologies used for non-metal 3D printing?
- What are the different application areas of non-metal 3D printing market?
- Which is the most sought-after component of non-metal 3D printing?
- What is the revenue generated by different components and applications of non-metal 3D printing market?
- What are the different factors driving the market in the forecast period?
- What are the major factors challenging the growth of non-metal 3D printing Market?
- What kind of new strategies are being adopted by existing market players to make a mark in the industry?
- Which region will lead the Global non-metal 3D printing Market by the end of forecast period?

The report puts special emphasis on the market share and size of the printers of non-metal 3D printing Market, owing to the changing paradigms in the industry. The most often used strategy for gaining a better hold on to the market has been through product launches, followed by Partnerships. Moreover, the company profile section includes highlights of significant information about the key companies involved along with their financial positions, key strategies, & developmental activities of recent years. Some of the key players involved in this market are 3D Systems, Stratasys Ltd., voxeljet AG, Materialise NV, Proto Labs Inc., Organovo Holding Inc. and XYZprinting.

The North American region generated the maximum amount of revenue in the year 2015 in Global non-metal 3D Printing Market among all the regions. However, it is estimated that Europe and APAC will capture the larger market share at a CAGR of 28.4% and 32.5% by 2022.

Executive Summary
3D Printing is an upcoming and revolutionary technology, which holds the potential to affect the evolution of the overall manufacturing sector. The ability to 3D print solid objects in different materials, desired shapes and colors shows a prominent opportunity for various levels of technological innovation.

Rising global demand, decreasing printer prices and increasing acceptability of non-metal 3D printing technology from the end-user industries such as healthcare, aerospace & defense, automotive, fashion & aesthetics, consumer sector among others are some of the reasons responsible for the growth of this market. However, the market consists of certain constraints such as lack of awareness, high rate of initial investments, lack of skilled labor and lack of channel partner assistance which are resulting in being an impediment of its overall growth.

The non-metal 3D printing market is estimated to reach more than $9.28 billion by 2022 at a CAGR of 28.9% through the forecast period (2016-2022). The market has been tracked along the lines of its components, application areas, and geography. Herein, the revenue generated from the components i.e. printers, materials and services, is tracked in order to calculate the market size.

The revenue generated from various non-metal printing technologies namely – Fused Deposition Modeling (FDM), Steriolithography (SLA), Selective Laser Sintering (SLS), Digital Light Processing (DLP) and PolyJet Printing (PJP) among others, have been analyzed. The FDM printing technology in non-metal 3D printing market holds more than 74% of the market in 2015 and is expected to grow at a CAGR of 28.3 % (2016-2022).Revenue generated from various applications namely – automotive, healthcare, aerospace & defense, fashion & aesthetics and consumer sector, have been analyzed, in which aerospace & defense and healthcare are expected to grow extensively by 2022.

This report covers the global non-metal 3D printing market, and consequently provides the revenue of the key regions – North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW). The analysis identified that North America was the largest revenue generating segment in 2015. Europe and APAC is expected to capture the larger market share at a high growth rate by 2022 because of lager consumer base, growing R&D investments and government funding towards 3D printing.

Some of the key market players in the industry are: Stratasys, Ltd., 3D Systems, Voxeljet AG, Materialise NV, Organovo Holding Inc., XYZprinting, Proto Labs Inc. and EnvisionTEC. These companies are aiming for more product launches, partnerships and mergers & acquisitions to expand their operations and to establish themselves in the market.

Countries Covered
North America, Europe, Asia Pacific, Rest of the World

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