Europe 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))
- UNI2844779
- 159 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 Europe 3D printing was valued at US$ 96.6 Million in 2017 and is projected to derive US$ 525.5 Million revenues by 2024 witnessing astonishing CAGR of 27.6% 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$ 121.5 Million revenues during 2017. Based on technology, the Europe market is segmented into stereolithography, selective laser sintering, electron beam melting, fused deposition modeling, laminated object manufacturing and others. In 2017, Fused Deposition Modelling technology dominated the Europe 3D Printing market, and is expected to maintain its dominance throughout the analyzed period. It is projected to reach US$ 1,789.1 Million by 2024 showcasing significant CAGR of 26.2% 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$ 1,090.6 Million in by 2024 displaying tremendous CAGR of 26.2% during the forecasted period in Europe 3D printing market.
As Europe forms an interesting market for 3D printing leading companies in European region have begun making huge investments in the respective sector. In addition, European Union has also offered immense opportunities to boost up the research initiatives in 3D printing landscape. Regional 3D printing competitors have come up with ambitious R& D strategies and are stepping up the R&D funding commitments for additive manufacturing wherein during 2014-16, total of US 142 Million in EU funding gave rise to more than 20 additive manufacturing projects. Since additive manufacturing is defined as one of the advanced technologies, it has significantly contributed towards the industrial rejuvenation in Europe. It has not just appealed to big businesses but it has been successfully embraced by small and medium enterprises. Although right set of education and skills is absent in 3D printing, but with 3D technology gaining ground across Europe, it has been anticipated that industrial rejuvenation can get generate skilled jobs thereby offsetting significant job loss of around 3.5 Million since 2008 owing to economic crisis. Moreover, Europe constitutes to be the key leader in the development of additive machines for fabrication of metallic parts, expertise of companies and research centers in metal industry has further made Europe as one of the lucrative destinations for investments. Furthermore, with 3D printing growing large in other industries such as toys, robotics, prosthetics and car parts, it is anticipated that apparel production forms as promising market wherein adoption of the 3D technology will gradually meet more and more of the demands in the aforementioned sector. However, lack of standardization and certifications paired with issues related to intellectual property rights and patent development encompass some of the impeding factors in European 3D printing market.
Also, for better understanding of 3D printing market penetration, the market is analyzed in different geographies and countries of Europe (Germany, U.K., France, Russia, Spain, Italy and Rest of Europe), Based on estimation, Europe accounted for revenue share of 20.6% in 2017 and continues to look at 3D printing to pursue its industrial renaissance. Germany constitutes as one of the leading country in terms of adoption of 3D printing with majority of German companies already using the 3D printing and some businesses on the verge of adopting it in coming future. The country contributed around US$ 275.5 Million in 2017 towards regional 3D printing sales and is further projected to garner US$ 1,342.2 Million by 2024 registering CAGR of 25.6% over the period. Moreover, the gradual acceptance of 3D printing among French factories has also resulted into considerable metamorphosis in its industrial sector. Several government initiatives undertaken have enhanced the acceptance of additive manufacturing in the country. French manufacturing sector represent around 5% of the world’s additive manufacturing market.
Considering the presence of 3D printing players in European 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 Dramatic Uptake in 3D Investments by Key Competitors
5.2.1.2 Spur in Research& Development Strategies
5.2.1.3 Rapid Embracement of 3D printing among SME’s
5.2.2 Market Restraints
5.2.2.1 Right Set of Education and Skills
5.2.2.2 Lack of Standards and Certifications
5.2.2.3 Intellectual Property Rights and Patents Development
5.2.3 Opportunities in the Market
5.2.3.1 Job Creation Opportunities
5.2.3.2 Metal 3D Printing
5.2.3.3 Apparel Production- Promising Market
6 EUROPE 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 EUROPE 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 EUROPE 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 EUROPE 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 EUROPE MARKET INSIGHTS BY COUNTRY
10.1 General Introduction
10.2 Europe 3D Printing Market Insights
10.2.1 Europe Market, by Component
10.2.2 Europe Product Component Market, by Printer Type
10.2.3 Europe Material Component Market by Material Type
10.2.4 Europe Market by Technology
10.2.5 Europe Market by Application
10.2.6 Europe Market by End-User Industry
10.2.7 Europe Market by Country
10.2.7.1 Germany 3D Printing Market Insights
10.2.7.1.1 Germany market, by Component
10.2.7.1.2 Germany Product Component Market, by Printer Type
10.2.7.1.3 Germany Material Component Market by Material Type
10.2.7.1.4 Germany Market by Technology
10.2.7.1.5 Germany Market by Application
10.2.7.1.6 Germany Market by End-User Industry
10.2.7.2 France 3D Printing Market Insights
10.2.7.2.1 France market, by Component
10.2.7.2.2 France Product Component Market, by Printer Type
10.2.7.2.3 France Material Component Market by Material Type
10.2.7.2.4 France Market by Technology
10.2.7.2.5 France Market by Application
10.2.7.2.6 France Market by End-User Industry
10.2.7.3 United Kingdom 3D Printing Market Insights
10.2.7.3.1 United Kingdom market, by Component
10.2.7.3.2 United Kingdom Product Component Market, by Printer Type
10.2.7.3.3 United Kingdom Material Component Market by Material Type
10.2.7.3.4 United Kingdom Market by Technology
10.2.7.3.5 United Kingdom Market by Application
10.2.7.3.6 United Kingdom Market by End-User Industry
10.2.7.4 Russia 3D Printing Market Insights
10.2.7.4.1 Russia market, by Component
10.2.7.4.2 Russia Product Component Market, by Printer Type
10.2.7.4.3 Russia Material Component Market by Material Type
10.2.7.4.4 Russia Market by Technology
10.2.7.4.5 Russia Market by Application
10.2.7.4.6 Russia Market by End-User Industry
10.2.7.5 Spain 3D Printing Market Insights
10.2.7.5.1 Spain market, by Component
10.2.7.5.2 Spain Product Component Market, by Printer Type
10.2.7.5.3 Spain Material Component Market by Material Type
10.2.7.5.4 Spain Market by Technology
10.2.7.5.5 Spain Market by Application
10.2.7.5.6 Spain Market by End-User Industry
10.2.7.6 Italy 3D Printing Market Insights
10.2.7.6.1 Italy market, by Component
10.2.7.6.2 Italy Product Component Market, by Printer Type
10.2.7.6.3 Italy Material Component Market by Material Type
10.2.7.6.4 Italy Market by Technology
10.2.7.6.5 Italy Market by Application
10.2.7.6.6 Italy Market by End-User Industry
10.2.7.7 Rest of Europe 3D Printing Market Insights
10.2.7.7.1 Rest of Europe market, by Component
10.2.7.7.2 Rest of Europe Product Component Market, by Printer Type
10.2.7.7.3 Rest of Europe Material Component Market by Material Type
10.2.7.7.4 Rest of Europe Market by Technology
10.2.7.7.5 Rest of Europe Market by Application
10.2.7.7.6 Rest of Europe Market by End-User Industry
11 COMPETITIVE SCENARIO
11.1 Europe 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 Europe 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, USD 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, USD 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, USD 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, USD 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, USD Million
TABLE 24 The ExOne Company Key Facts
TABLE 25 Products Segmentation of ExOne
TABLE 26 ExOne Growth Strategy
TABLE 27 ExOne Financials, USD 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, USD 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, USD Million
Similar Reports
The netbook sales in India have been growing strongly with major demand from the home segment. Personal computer market is expected to grow as the economy is recovering from the recession. The newest addition to this consumer product group is notebooks and netbooks. However, it has been seen that there is no clear demarcation between inexpensive notebook and netbook as an upgraded version of a net...
- Publish Date: January 18, 2011
- $950
The Online Movie Rental market in India is at a nascent stage. The market is estimated at INR 601 mn in 2008 and shows huge potential due to a large untapped consumer base. The changing perceptions of people towards entertainment along with a rise in their disposable income and internet usage have driven the market. The report begins with a market overview section that provides an insight into t...
- Publish Date: March 7, 2011
- $950
Local search market in India is a common platform for advertising used by business entities. It has an offline and an online category. Local search space provides a platform to the small and medium scale enterprises to advertise with regards to their products and services through local search engines and print directories such as yellow pages. The report begins with the market overview section wh...
- Publish Date: June 27, 2011
- $950
