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The market for additive manufacturing in Asia Pacific has grown considerably primarily accredited to rising research and development initiatives, manufacturing disruption and surge in regulatory support by government bodies. However, high rate of unemployment, lack of technological understanding in 3D printing and designing environment unconducive for experimentation pose as some of the bottlenecks in the growth potential of Asia Pacific 3D printing market. As the global manufacturing digitally transforms, businesses aim to divert themselves where 3D printing is fully embraced with developed ecosystem, is equipped with highly skilled workforce in 3D Printing and has appropriate research and development facilities. Conducive environment is anticipated to create strong customer base that can propel the demand for 3D printing and further enhance the initiatives for research and development comprising of government support and incentives.
Asia Pacific 3D printing has stimulated its spending within the various areas of 3D printing domain comprising of 3D printers (hardware), 3D printing materials paired burgeoning expenditure in various industry verticals. It has been estimated that industrial manufacturing dominated in 3D printing with spending valued at US$ 1 Billion during 2018 and is further anticipated to reach beyond US$ 1.5 Billion by 2021. Although hardware component generated the largest revenues in the past few years, the focus on material components is also anticipated to drive the future spending towards the respective technique. In addition, service segment will continue to remain the key contributor of the market. In addition, education and health care is also projected to display the drastic growth in 3D printing wherein learning or research activities and printing of dental objects, surgical models are projected to dominate in near future.
Insights Presented in the Report:
The report analyses 3D Printing market report majorly based on component, technology, applications and end users. Products, materials and services are the major components considered in the deep analysis of the 3D printing industry.
Product segment is further classified into professional printers and desktop printers. Product segment is expected to register fastest growth, owing to increasing demand for desktop 3D printers over the period of time although industrial printers is projected to continue to display its dominance till 2024.
Asia Pacific 3D printing material market is further divided into different material types including polymer, plastic, metal and alloys, ceramics and others materials. In 2017, polymer segment dominated the Asia Pacific 3D printing material type market as they represent greatest penetration and user accessibility in 3D printing.
Stereolithography, Selective Laser Sintering, Electron Beam Melting, Fused deposition modeling, Laminated object Manufacturing and Others are the major technologies considered while analyzing the regional 3D printing market. Fused Deposition Modelling, Selective Laser Sintering and Stereolithography constitute as the topmost technologies in 3D printing. Fused Deposition Modelling occupied the prominent share in 2017 as it is one of the prominent and user friendly technology that is widely used to create 3D printed objects.
Based on application type, Asia Pacific 3D printing market is bifurcated into functional parts, fit and assembly, prototype modelling, education, metal casting, Visual Aids, Presentation Modelling and other applications. Functional parts captured maximum share during 2017 owing to its fast speed, quality and low cost of additive manufacturing.
Furthermore, 3D printing techniques find its major application in verticals such as education, automotive, aerospace & defense, healthcare, consumer goods, manufacturing, construction and others. Manufacturing sector dominated 3D printing landscape during 2017 owing to bolstering digitalization wherein 3D printing solutions have paved way for manufacturing companies.
For better understanding of the geographical penetration of 3D printing market in Asia Pacific, the market is analyzed based on its outreach in the countries such as China, Japan, India, Singapore, Australia, South Korea and rest of Asia Pacific. Japan and China altogether majorly constitute as force behind the boom of 3D printing in Asia Pacific owing to Chinese government support in terms of 3D printing strategies and fiscal support. Moreover, China also aims to invest US$ 240 Million in next few years with an objective to boost development of 3D printing technique in China. Moreover, influx of numerous players in 3D printing and technological advancements and research in Japan has further contributed both these countries to become the leading ones in 3D printing domain. Hence, projected consumer trends and innovation investments will propel 3D printing demand and supply in Asia Pacific region. Japan 3D printing market was valued at US$163.5 Million during 2017.
Key companies profiled in the report 3D Systems Corporation, Arcam AB, Royal DSM N.V., Stratasys Ltd., Autodesk, Inc., The ExOne Company, Hoganas AB, Organovo Holdings, Inc, Mcor Technologies Limited and Voxeljet AG. With the significant potential lying in 3D printing domain, there lays immense potential for industries to reinvent themselves via digital transformation of production. For instance, recently in 2018, BASF has expanded into 3D printing market in Asia Pacific region which can vastly accelerate development and production of complex 3D products.
Reasons to buy the Report:
The study includes market sizing and forecasting analysis validated by authenticated key industry experts
The report presents a quick review of overall industry performance at one glance
The report covers in depth analysis of prominent industry peers with primary focus on key business financials, product portfolio, expansion strategies and recent developments
Detailed examination on drivers, restraints, key trends and opportunities prevailing in the industry.
Examination of industry attractiveness with the help of Porter’s Five Forces analysis
The study comprehensively covers the market across different segments
Deep dive regional level analysis of the industry
Customization Options:
The Asia-Pacific 3D Printing Market can be customized to country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customised solutions to clients.
1.1 Market Definition 15
1.2 Objective of the Study 15
1.3 Limitation 15
1.4 Stakeholders 16
1.5 Currency used in the Report 16
2. RESEARCH METHODOLOGY OR ASSUMPTION 17
2.1 Secondary Data 17
2.1.1 Key Secondary Sources 17
2.2 Primary Data 17
2.2.1 Sampling Techniques & Data Collection Methods 17
2.2.2 Primary Participants 17
3. INDUSTRY PERFORMANCE 18
4. EXECUTIVE SUMMARY 20
5. MARKET OVERVIEW 23
5.1 Introduction 23
5.2 Market Dynamics 24
5.2.1 Market Drivers 24
5.2.1.1 Research and Development Initiatives 24
5.2.1.2 Allure of Manufacturing 25
5.2.1.3 Rising Regulatory Support by National and Local Government /Bodies 26
5.2.2 Market Restraints 26
5.2.2.1 Lack of Technological Understanding in 3D Printing 27
5.2.2.2 Rate of Unemployment 27
5.2.2.3 Design Environment Unconducive for Experimentation 27
5.2.3 Opportunities in the Market 27
5.2.3.1 Vibrant Market for Healthcare 27
5.3 Factor Analysis 28
5.3.1 Demand & Supply Side Analysis 28
6. MARKET INSIGHTS, BY COMPONENT 31
6.1 General Overview 31
6.1.1 Asia-Pacific 3D Printing Product Component Market, by Printer Type 32
6.1.1.1 Professional/Industrial Printer 33
6.1.1.2 Personal/Desktop 3D Printers 35
6.1.2 Asia-Pacific 3D Printing Material Component Market, by Material Type 38
6.1.2.1 Polymer Material 38
6.1.2.2 Plastic Material 40
6.1.2.3 Metals and Alloys Material 41
6.1.2.4 Ceramic Material 43
6.1.2.5 Other Materials 45
6.1.3 Asia-Pacific 3D Printing Service Component Market, by Service Type 46
6.1.3.1 Custom Design and Manufacturing Service 47
6.1.3.2 After Sales Service 49
6.1.4 Asia-Pacific 3D Printing Other (Software) Component Market 51
7. 3D PRINTING MARKET INSIGHTS, BY TECHNOLOGY 52
7.1 General Introduction 52
7.1.1 Fused Deposition Modelling 53
7.1.2 Selective Laser Sintering 54
7.1.3 Stereolithography Technology 57
7.1.4 Electron Beam Melting 59
7.1.5 Laminated object Manufacturing 60
7.1.6 Other Technologies 61
8. 3D PRINTING MARKET INSIGHTS, BY APPLICATION 63
8.1 General Overview 63
8.1.1 Functional Parts Production 64
8.1.2 Fit & Assembly 65
8.1.3 Prototype Modelling 66
8.1.4 Education/Research 68
8.1.5 Metal Casting 69
8.1.6 Visual Aids 70
8.1.7 Presentation Modelling 72
8.1.8 Other Applications 74
9. 3D PRINTING MARKET INSIGHTS, BY END-USER INDUSTRY 75
9.1 General Introduction 75
9.1.1 Aerospace & Defence 76
9.1.2 Healthcare Industry 78
9.1.3 Manufacturing Industry 80
9.1.4 Automotive Industry 81
9.1.5 Consumer Goods Industry 83
9.1.6 Educational Industry 84
9.1.7 Construction Industry 86
9.1.8 Other Industries 87
10. 3D PRINTING MARKET INSIGHTS, BY COUNTRY 89
10.1 General Overview 89
10.1.1 Japan 3D Printing Market Insights 91
10.1.1.1 Japan 3D Printing Market, by Component 91
10.1.1.2 Japan 3D Printing Product Component Market, by Printer Type 92
10.1.1.3 Japan 3D Printing Material Component Market, by Material Type 93
10.1.1.4 Japan 3D Printing Service Component Market, by Service Type 93
10.1.1.5 Japan 3D Printing Market, by Technology 94
10.1.1.6 Japan 3D Printing Market, by Application 95
10.1.1.7 Japan 3D Printing Market, by End-User Industry 95
10.1.2 China 3D Printing Market Insights 96
10.1.2.1 China 3D Printing Market, by Component 97
10.1.2.2 China 3D Printing Product Component Market, by Printer Type 98
10.1.2.3 China 3D Printing Material Component Market, by Material Type 98
10.1.2.4 China 3D Printing Service Component Market, by Service Type 99
10.1.2.5 China 3D Printing Market, by Technology 100
10.1.2.6 China 3D Printing Market, by Application 100
10.1.2.7 China 3D Printing Market, by End-User Industry 101
10.1.3 India 3D Printing Market Insights 101
10.1.3.1 India 3D Printing Market, by Component 102
10.1.3.2 India 3D Printing Product Component Market, by Printer Type 103
10.1.3.3 India 3D Printing Material Component Market, by Material Type 105
10.1.3.4 India 3D Printing Service Component Market, by Service Type 105
10.1.3.5 India 3D Printing Market, by Technology 106
10.1.3.6 India 3D Printing Market, by Application 107
10.1.3.7 India 3D Printing Market, by End-User Industry 107
10.1.4 South Korea 3D Printing Market Insights 108
10.1.4.1 South Korea 3D Printing Market, by Component 109
10.1.4.2 South Korea 3D Printing Product Component Market, by Printer Type 110
10.1.4.3 South Korea 3D Printing Material Component Market, by Material Type 110
10.1.4.4 South Korea 3D Printing Service Component Market, by Service Type 111
10.1.4.5 South Korea 3D Printing Market, by Technology 112
10.1.4.6 South Korea 3D Printing Market, by Application 112
10.1.4.7 South Korea 3D Printing Market, by End-User Industry 113
10.1.5 Singapore 3D Printing Market Insights 113
10.1.5.1 Singapore 3D Printing Market, by Component 114
10.1.5.2 Singapore 3D Printing Product Component Market, by Printer Type 115
10.1.5.3 Singapore 3D Printing Material Component Market, by Material Type 115
10.1.5.4 Singapore 3D Printing Service Component Market, by Service Type 116
10.1.5.5 Singapore 3D Printing Market, by Technology 117
10.1.5.6 Singapore 3D Printing Market, by Application 118
10.1.5.7 Singapore 3D Printing Market, by End-User Industry 118
10.1.6 Australia 3D Printing Market Insights 119
10.1.6.1 Australia 3D Printing Market, by Component 120
10.1.6.2 Australia 3D Printing Product Component Market, by Printer Type 121
10.1.6.3 Australia 3D Printing Material Component Market, by Material Type 121
10.1.6.4 Australia 3D Printing Service Component Market, by Service Type 122
10.1.6.5 Australia 3D Printing Market, by Technology 123
10.1.6.6 Australia 3D Printing Market, by Application 124
10.1.6.7 Australia 3D Printing Market, by End-User Industry 125
10.1.7 Rest of APAC (Taiwan) 3D Printing Market Insights 125
10.1.7.1 Rest of APAC 3D Printing Market, by Component 126
10.1.7.2 Rest of APAC 3D Printing Product Component Market, by Printer Type 127
10.1.7.3 Rest of APAC 3D Printing Material Component Market, by Material Type 128
10.1.7.4 Rest of APAC 3D Printing Service Component Market, by Service Type 129
10.1.7.5 Rest of APAC 3D Printing Market, by Technology 130
10.1.7.6 Rest of APAC 3D Printing Market, by Application 131
10.1.7.7 Rest of APAC 3D Printing Market, by End-User Industry 132
11. COMPETITIVE SCENARIO 133
11.1 Asia-Pacific 3D Printing Market Share Analysis 133
12. Company Profiles 135
12.1 3D Systems Corporation 135
12.1.1 Key Facts 135
12.1.2 Business Description 135
12.1.3 Key Product/Services Offerings 136
12.1.4 Growth Strategy 136
12.1.5 SWOT Analysis 137
12.1.6 Key Financials 137
12.1.6.1 Revenue Split 139
12.1.7 Recent developments 139
12.2 Arcam AB 140
12.2.1 Key Facts 140
12.2.2 Business Description 140
12.2.3 Key Product/Services Offerings 141
12.2.4 Growth Strategy 141
12.2.5 SWOT Analysis 142
12.2.6 Key Financials 142
12.2.7 Recent developments 143
12.3 Royal DSM N.V. 144
12.3.1 Key Facts 144
12.3.2 Business Description 144
12.3.3 Key Product/Services Offerings 145
12.3.4 Growth Strategy 145
12.3.5 SWOT Analysis 146
12.3.6 Key Financials 146
12.3.6.1 Revenue Split 148
12.3.7 Recent developments 148
12.4 Stratasys Ltd. 149
12.4.1 Key Facts 149
12.4.2 Business Description 149
12.4.3 Key Product/Services Offerings 150
12.4.4 Growth Strategy 150
12.4.5 SWOT Analysis 151
12.4.6 Key Financials 151
12.4.6.1 Revenue Split 153
12.4.7 Recent developments 153
12.5 Autodesk, Inc. 154
12.5.1 Key Facts 154
12.5.2 Business Description 154
12.5.3 Key Product/Services Offerings 155
12.5.4 Growth Strategy 155
12.5.5 SWOT Analysis 156
12.5.6 Key Financials 156
12.5.6.1 Revenue Split 158
12.5.7 Recent developments 158
12.6 The ExOne Company 159
12.6.1 Key Facts 159
12.6.2 Business Description 159
12.6.3 Key Product/Services Offerings 160
12.6.4 Growth Strategy 160
12.6.5 SWOT Analysis 161
12.6.6 Key Financials 161
12.6.6.1 Revenue Split 163
12.6.7 Recent developments 163
12.7 Hoganas AB 164
12.7.1 Key Facts 164
12.7.2 Business Description 164
12.7.3 Key Product/Services Offerings 165
12.7.4 Growth Strategy 165
12.7.5 SWOT Analysis 166
12.7.6 Recent developments 166
12.8 Organovo Holdings, Inc. 167
12.8.1 Key Facts 167
12.8.2 Business Description 167
12.8.3 Key Product/Services Offerings 168
12.8.4 Growth Strategy 168
12.8.5 SWOT Analysis 169
12.8.6 Key Financials 169
12.8.7 Recent developments 170
12.9 Mcor Technologies Ltd. 171
12.9.1 Key Facts 171
12.9.2 Business Description 171
12.9.3 Key Product/Services Offerings 172
12.9.4 Growth Strategy 172
12.9.5 Key Financials 172
12.9.6 Recent developments 172
12.10 Voxeljet AG 173
12.10.1 Key Facts 173
12.10.2 Business Description 173
12.10.3 Key Product/Services Offerings 174
12.10.4 Growth Strategy 174
12.10.5 SWOT Analysis 174
12.10.6 Key Financials 175
12.10.6.1 Revenue Split 176
12.10.7 Recent developments 176
TABLE 2 Asia-Pacific 3D Printing Price Range of Professional Desktop SLS Printers 55
TABLE 3 Application of 3D Printing in Aerospace & Defense Industry 76
TABLE 4 3D Systems Corporation Key Facts 134
TABLE 5 Products segmentation of 3D Systems Corporation 135
TABLE 6 3D System Corporation Growth Strategy 135
TABLE 7 Arcam AB Key Facts 139
TABLE 8 Products Segmentation of Arcam AB 140
TABLE 9 Arcam AB Growth Strategy 140
TABLE 10 Royal DSM N.V. Key Facts 143
TABLE 11 Products Segmentation of Royal DSM NV 144
TABLE 12 Royal DSM NV Growth Strategy 144
TABLE 13 Stratasys Ltd. Key Facts 148
TABLE 14 Products Segmentation of Stratasys Ltd 149
TABLE 15 Stratasys Ltd Growth Strategy 149
TABLE 16 Autodesk, Inc. Key Facts 153
TABLE 17 Products Segmentation of Autodesk Inc. 154
TABLE 18 Autodesk Inc. Growth Strategy 154
TABLE 19 The ExOne Company Key Facts 158
TABLE 20 Products Segmentation of ExOne 159
TABLE 21 ExOne Growth Strategy 159
TABLE 22 Hoganas AB Key Facts 163
TABLE 23 Products Segmentation of Hoganas AB 164
TABLE 24 Hoganas AB Growth Strategy 164
TABLE 25 Organovo Holdings, Inc. Key Facts 166
TABLE 26 Products Segmentation of Organovo Holdings 167
TABLE 27 Organovo Holdings Growth Strategy 167
TABLE 28 Mcor Technologies Key Facts 170
TABLE 29 Products Segmentation of Mcor Technologies 171
TABLE 30 Mcor Technologies Growth Strategy 171
TABLE 31 Voxeljet AG Key Facts 172
TABLE 32 Products Segmentation of Voxeljet AG 173
TABLE 33 Voxeljet AG Growth Strategy 173
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