Asia Pacific Market Insights on 3D Printing: Insights and Forecast, 2018-2024 Emphasis on Component ((Product (Professional/Industrial Printer, Personal/Desktop 3D Printers), Material (Polymer, Plastic, Metals and Alloys, Ceramic, Other Materials), Technology ( Stereolithography, Selective Laser Sintering, Electron Beam Melting, Fused Deposition Modelling, Laminated object Manufacturing, Other Technologies))
- UNI2844780
- 165 Pages
- September 2018
- ICT & Media
3D printing offers integration of metals & alloys with other raw materials as per the requirement of the end-user industry, to create specified 3-dimensional objects. During 2017, polymer held prominent share of 33.5% followed by plastic which held 30.6% during the same year. Polymer market in Asia Pacific 3D printing was valued at US$ 57.2 Million in 2017 and is projected to derive US$ 358.3 Million revenues by 2024 witnessing astonishing CAGR of 30.2% during the forecasted period. Numerous industrial sectors are influenced by 3D printing solutions. In addition, Custom Design and Manufacturing held more than 50% share and garnered US$ 72 Million revenues during 2017. Based on technology, the Asia Pacific market is segmented into stereo lithography, selective laser sintering, electron
beam melting, fused deposition modeling, laminated object manufacturing and others. In 2017, Fused Deposition Modelling technology dominated the regional 3D printing market, and is expected to maintain its dominance throughout the analyzed period. It is projected to reach US$ 1,219.8 Million by 2024 showcasing significant CAGR of 28.7% during the analyzed period. Furthermore, depending on application type, the market is further classified into Functional Parts, Fit and Assembly, Prototype Modelling, Education, Metal Casting, Metal Casting, Visual Aids and Presentation Modelling. During 2017, functional parts occupied the largest share of 33.8% followed by Fit and assembly application type in regional 3D printing market.
Moreover, benefits of 3D printing can also be witnessed among various industry verticals such as Education, automotive, aerospace & defense, healthcare, consumer goods, manufacturing, construction and others where the additive manufacturing has turned out to be a game changer. Automakers and raw material suppliers for manufacturing sector have realized the benefits of 3D printing solutions, eventually increasing the demand for 3D printing solutions in these industries. In the automotive industry, the use of 3D printing technology has been successful in bring about new shapes to the industry, allowing the industry to produce lighter and more complex structures at affordable price ranges. Manufacturing sector was accounted as the fastest growing industry vertical in terms of its applications in 3D printing. Based on estimation, the respective segment is projected to generate revenue of US$ 743.6 Million in by 2024 displaying tremendous CAGR of 28.7% during the forecasted period in Asia Pacific 3D printing market.
Since, the concept of 3D printing has taken Asia Pacific market by storm the technology has emerged as one of the promising concept in the specific region wherein entrepreneurs in the Indian market have visualized ample opportunities in 3D printing space. Moreover, new developments in 3D technology have enabled the companies to accelerate and simplify product development processes. To add on, advent of 3D printing has considerably paved the way for 3D manufacturers owing to substantial growth of manufacturing in various sectors ranging from automotive, healthcare to medical implants to retail goods. The impact of 3D printing is becoming deep and permanent in every industrial segment. However, absence of appropriate knowledge on 3D printing among the personnel and rate of unemployment contribute as restraining parameters behind the fostering growth of 3D printing in respective region.
For better understanding of 3D Printing market penetration, the market is analysed one the basis of different countries such as Asia-Pacific region (China, Japan, India, South Korea, Singapore, Taiwan and Rest of APAC). Based on estimation, Asia Pacific accounted for revenue share of 12.2% in 2017. Countries that majorly lead the growth of 3D printing in the region encompass China, Japan and India wherein Japan currently occupies the prominent share and contributes more than 20% to the overall regional 3D revenues. The respective country contributed around US$ 163.5 Million in 2017 towards regional 3D printing sales and is further projected to garner US$ 877 Million by 2024 registering substantial CAGR of 27.3% over the period. Accredited to extensive industrial base, favourable government policies and appropriate funding in Research and Development initiatives, Asia Pacific 3D printing has surged exorbitantly.
Considering the presence of 3D printing players in Asia Pacific region, 3D Systems Corporation, Arcam AB, Royal DSM N.V., ExOne Company, Autodesk, Inc., Stratasys Ltd., Organovo Holdings, Inc , Hoganas AB, Mcor Technologies Limited and Voxeljet AG, constitute as some of the prominent players operating in 3D space. The players consistently aim to focus on product development, launch new products and enhance their existing portfolios to expand their customer base and strengthen their market position through partnerships and collaborations which further offers them growth opportunities for geographic expansion.
1.1 Market Definition
1.2 Objective of the Study
1.3 Limitation
1.4 Stakeholders
1.5 Currency used in the Report
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1 Secondary Data
2.1.1 Key Secondary Sources
2.2 Primary Data
2.2.1 Sampling Techniques & Data Collection Methods
2.2.2 Primary Participants
2.3 Supply Side & Demand Side Analysis
3 INDUSTRY PERFORMANCE
4 EXECUTIVE SUMMARY
5 MARKET OVERVIEW
5.1 Introduction
5.2 Market Dynamics
5.2.1 Market Drivers
5.2.1.1 Research and Development Initiatives
5.2.1.2 Allure of Manufacturing
5.2.1.3 Rising Regulatory Support by National and Local Government Bodies
5.2.2 Market Restraints
5.2.2.1 Lack of Technological Understanding in 3D Printing
5.2.2.2 Rate of Unemployment
5.2.2.3 Design Environment Unconducive for Experimentation
5.2.3 Opportunities in the Market
5.2.3.1 Vibrant Market for Healthcare
6 ASIA PACIFIC MARKET INSIGHTS BY COMPONENT
6.1 Product Segment
6.1.1 General Introduction
6.1.1.1 Professional/Industrial Printer
6.1.1.2 Personal/Desktop 3D Printers
6.2 Material Segment
6.2.1 General Introduction
6.2.1.1 Polymer
6.2.1.2 Plastic
6.2.1.3 Metals and Alloys
6.2.1.4 Ceramic
6.2.1.5 Other Materials
6.3 Service Segment
6.3.1 General Introduction
6.3.1.1 Custom Design and Manufacturing
6.3.1.2 After Sales Service
7 ASIA PACIFIC MARKET INSIGHTS BY TECHNOLOGY
7.1 General Introduction
7.1.1 Stereolithography Technology
7.1.2 Selective Laser Sintering
7.1.3 Electron Beam Melting
7.1.4 Fused Deposition Modelling
7.1.5 Laminated object Manufacturing
7.1.6 Other Technologies
8 ASIA PACIFIC MARKET INSIGHTS, BY APPLICATIONS
7.1 General Introduction
7.1.1 Visual Aids
7.1.2 Presentation Modelling
7.1.3 Fit & Assembly
7.1.4 Prototype Tooling
7.1.5 Metal Casting
7.1.6 Functional Parts Production
7.1.7 Other Applications
9 ASIA PACIFIC MARKET INSIGHTS, BY END USER INDUSTRY
9.1 General Introduction
9.1.1 Educational Industry
9.1.2 Automotive Industry
9.1.3 Aerospace & Defence Industry
9.1.4 Healthcare Industry
9.1.5 Consumer Goods Industry
9.1.6 Manufacturing Industry
9.1.7 Construction Industry
9.1.8 Other Industries
10 ASIA PACIFIC MARKET INSIGHTS BY COUNTRY
10.1 General Introduction
10.2 Asia-Pacific 3D Printing Market Insights
10.2.1 Asia-Pacific Market, by Component
10.2.2 Asia-Pacific Product Component Market, by Printer Type
10.2.3 Asia-Pacific Material Component Market by Material Type
10.2.4 Asia-Pacific Market by Technology
10.2.5 Asia-Pacific Market by Application
10.2.6 Asia-Pacific Market by End-User Industry
10.2.7 Asia-Pacific Market by Country
10.2.7.1 China 3D Printing Market Insights
10.2.7.1.1 China Market, by Component
10.2.7.1.2 China Product Component Market, by Printer Type
10.2.7.1.3 China Material Component Market by Material Type
10.2.7.1.4 China Market by Technology
10.2.7.1.5 China Market by Application
10.2.7.1.6 China Market by End-User Industry
10.2.7.2 Japan 3D Printing Market Insights
10.2.7.2.1 Japan Market, by Component
10.2.7.2.2 Japan Product Component Market, by Printer Type
10.2.7.2.3 Japan Material Component Market by Material Type
10.2.7.2.4 Japan Market by Technology
10.2.7.2.5 Japan Market by Application
10.2.7.2.6 Japan Market by End-User Industry
10.2.7.3 India 3D Printing Market Insights
10.2.7.3.1 India Market, by Component
10.2.7.3.2 India Product Component Market, by Printer Type
10.2.7.3.3 India Material Component Market by Material Type
10.2.7.3.4 India Market by Technology
10.2.7.3.5 India Market by Application
10.2.7.3.6 India Market by End-User Industry
10.2.7.4 South Korea 3D Printing Market Insights
10.2.7.4.1 South Korea Market, by Component
10.2.7.4.2 South Korea Product Component Market, by Printer Type
10.2.7.4.3 South Korea Material Component Market by Material Type
10.2.7.4.4 South Korea Market by Technology
10.2.7.4.5 South Korea Market by Application
10.2.7.4.6 South Korea Market by End-User Industry
10.2.7.5 Australia 3D Printing Market Insights
10.2.7.5.1 Australia Market, by Component
10.2.7.5.2 Australia Product Component Market, by Printer Type
10.2.7.5.3 Australia Material Component Market by Material Type
10.2.7.5.4 Australia Market by Technology
10.2.7.5.5 Australia Market by Application
10.2.7.5.6 Australia Market by End-User Industry
10.2.7.6 Singapore 3D Printing Market Insights
10.2.7.6.1 Singapore Market, by Component
10.2.7.6.2 Singapore Product Component Market, by Printer Type
10.2.7.6.3 Singapore Material Component Market by Material Type
10.2.7.6.4 Singapore Market by Technology
10.2.7.6.5 Singapore Market by Application
10.2.7.6.6 Singapore Market by End-User Industry
10.2.7.7 Taiwan 3D Printing Market Insights
10.2.7.7.1 Taiwan Market, by Component
10.2.7.7.2 Taiwan Product Component Market, by Printer Type
10.2.7.7.3 Taiwan Material Component Market by Material Type
10.2.7.7.4 Taiwan Market by Technology
10.2.7.7.5 Taiwan Market by Application
10.2.7.7.6 Taiwan Market by End-User Industry
10.2.7.8 Rest of Asia Pacific 3D Printing Market Insights
10.2.7.8.1 Rest of Asia Pacific Market, by Component
10.2.7.8.2 Rest of Asia Pacific Product Component Market, by Printer Type
10.4.7.8.3 Rest of Asia Pacific Material Component Market by Material Type
10.4.7.8.4 Rest of Asia Pacific Market by Technology
10.4.7.8.5 Rest of Asia Pacific Market by Application
10.4.7.8.6 Rest of Asia Pacific Market by End-User Industry
11 COMPETITIVE SCENARIO
11.1 Asia Pacific 3D Printing Market Share of Major Players, 2017
12 COMPANY PROFILES
12.1 3D SYSTEMS CORPORATION
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Key Product/Services Offerings
12.1.4 SWOT Analysis
12.1.5 Key Financials
12.1.5.1 Revenue Split by Region
12.1.6 Recent developments
12.2 ARCAM AB
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Key Product/Services Offerings
12.2.4 SWOT Analysis
12.2.5 Key Financials
12.2.5.1 Revenue Split by Region
12.2.6 Recent developments
12.3 ROYAL DSM N.V.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Key Product/Services Offerings
12.3.4 SWOT Analysis
12.3.5 Key Financials
12.3.5.1 Revenue Split by Region
12.3.5.2 Revenue Split by Products
12.3.6 Recent developments
12.4 STRATASYS LTD
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Key Product/Services Offerings
12.4.4 SWOT Analysis
12.4.5 Key Financials
12.4.5.1 Revenue Split by Region
12.4.6 Recent developments
12.5 AUTODESK INC
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Key Product/Services Offerings
12.5.4 SWOT Analysis
12.5.5 Key Financials
12.5.5.1 Revenue Split by Region
12.5.6 Recent developments
12.6 THE EXONE COMPANY
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Key Product/Services Offerings
12.6.4 SWOT Analysis
12.6.5 Key Financials
12.6.5.1 Revenue Split by Region
12.6.6 Recent developments
12.7 HOGANAS AB
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Key Product/Services Offerings
12.7.4 SWOT Analysis
12.7.5 Recent developments
12.8 ORGANOVO HOLDINGS INC
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Key Product/Services Offerings
12.8.4 SWOT Analysis
12.8.5 Key Financials
12.8.6 Recent developments
12.9 MCOR TECHNOLOGIES LTD
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Key Product/Services Offerings
12.9.4 Key Financials
12.9.5 Recent developments
12.1 VOXELJET AG
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Key Product/Services Offerings
12.10.4 SWOT Analysis
12.10.5 Key Financials
12.10.5.1 Revenue Split by Region
12.10.5.2 Revenue Split by Business Division
12.10.6 Recent developments
TABLE 2 Asia-Pacific 3D Printing Price Range of Professional Desktop SLS Printers
TABLE 3 Application of 3D Printing in Aerospace & Defense Industry
TABLE 4 3D Systems Corporation Key Facts
TABLE 5 Products segmentation of 3D Systems Corporation
TABLE 6 3D System Corporation Growth Strategy
TABLE 7 3D Systems Corporation Financials, US$ Million
TABLE 8 Arcam AB Key Facts
TABLE 9 Products Segmentation of Arcam AB
TABLE 10 Arcam AB Growth Strategy
TABLE 11 Arcam AB Financials, US$ Million
TABLE 12 Royal DSM N.V. Key Facts
TABLE 13 Products Segmentation of Royal DSM NV
TABLE 14 Royal DSM NV Growth Strategy
TABLE 15 Royal DSM N.V. Financials, US$ Million
TABLE 16 Stratasys Ltd. Key Facts
TABLE 17 Products Segmentation of Stratasys Ltd
TABLE 18 Stratasys Ltd Growth Strategy
TABLE 19 Stratasys Ltd Financials, US$ Million
TABLE 20 Autodesk, Inc. Key Facts
TABLE 21 Products Segmentation of Autodesk Inc.
TABLE 22 Autodesk Inc. Growth Strategy
TABLE 23 Autodesk Inc. Financials, US$ Million
TABLE 24 The ExOne Company Key Facts
TABLE 25 Products Segmentation of ExOne
TABLE 26 ExOne Growth Strategy
TABLE 27 ExOne Financials, US$ Million
TABLE 28 Hoganas AB Key Facts
TABLE 29 Products Segmentation of Hoganas AB
TABLE 30 Hoganas AB Growth Strategy
TABLE 31 Organovo Holdings, Inc. Key Facts
TABLE 32 Products Segmentation of Organovo Holdings
TABLE 33 Organovo Holdings Growth Strategy
TABLE 34 Organovo Holdings Financials, US$ Million
TABLE 35 Mcor Technologies Key Facts
TABLE 36 Products Segmentation of Mcor Technologies
TABLE 37 Mcor Technologies Growth Strategy
TABLE 38 Voxeljet AG Key Facts
TABLE 39 Products Segmentation of Voxeljet AG
TABLE 40 Voxeljet AG Growth Strategy
TABLE 41 Voxeljet Financials, US$ Million
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