Market Overview:
The global 3D printing in engineering and manufacturing market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for 3D printing in automotive, manufacturing, construction and engineering applications. In terms of type, the metal segment is expected to hold the largest share of the global 3D printing in engineering and manufacturing market during the forecast period. This can be attributed to increased use of metal-based 3D printers for end-use applications such as automotive and aerospace & defense sectors. In terms of application, the automotive segment is expected to hold the largest share of the global 3D printing in engineering and manufacturing market duringthe forecast period.
Product Definition:
3D printing is a process of creating three-dimensional objects from a digital model. In engineering and manufacturing, 3D printing is used for prototyping and producing end-use parts. Parts produced using 3D printing are often lighter and require less assembly than traditional manufacturing methods.
Metal:
Metal 3D printing is used in various applications such as automotive, aerospace and defense, medical equipment and tools. The metal 3D printing market size was valued at USD 1.8 billion in 2016 which is expected to grow at a CAGR of XX% over the forecast period. Metal powder is used for additive manufacturing process; it consists of metal particles held together by melting or binding agent (binder).
Polymer:
Polymer is a long-chain molecule, which can be linked by strong bonds. These polymers are widely used in 3D printing in engineering and manufacturing market due to their properties such as strength, durability, versatility and easy fabrication. Polymers are also being preferred over metals for several applications on account of their cost-effectiveness and lightweight.
Application Insights:
The manufacturing segment dominated the global 3D printing in engineering and manufacturing market, accounting for over 30% of the revenue share in 2017. The rising demand for efficient prototyping and low-cost production is anticipated to be a high-impact rendering driver for this application. The automotive industry is one of the largest consumers of 3D printed parts; they are used to produce accurate scale models, functional prototypes, and actual parts required by manufacturers for production lines.
The aerospace sector also plays an important role in developing new applications across different industries such as medical devices or even recreational toys. Companies such as Stratasys Ltd., EnvisionTEC Inc., or MGI Software Consulting Group GmbH have developed successful track records within this industry with their products ranging from rapid prototyping to fullscale production runs using additive Manufacturing (AM).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well due to increasing research and development activities, technological advancements, and high demand for 3D printing in various industrial applications.
Asia Pacific is anticipated to witness significant growth over the coming years owing to rising investments by prominent players in developing countries such as China and India. In addition, growing demand for consumer electronics products such as smartphones and tablets coupled with rapid industrialization will drive regional market growth.
The European market was valued at USD X million in 2017 owing to increased adoption of additive manufacturing techniques across several industries including aerospace & defense, automotive & transportation, construction & architecture among others which are projected favorably impact regional industry trends over the next few years.
Growth Factors:
- Increased demand for customized products: The ability to produce customized products with 3D printing is one of the key drivers for the growth of this market. This technology allows manufacturers to produce products that are specific to the needs of individual customers, which increases demand from consumers.
- Reduction in manufacturing costs: 3D printing helps reduce manufacturing costs by eliminating the need for traditional tooling and molds. It also helps reduce wastage and results in faster turnaround times, which leads to increased efficiency and productivity in manufacturing processes.
- Development of new materials and applications: The development of new materials and applications is another key driver for the growth of this market. With each passing year, 3D printers are becoming more versatile, with the ability to print a wider range of materials including metals, plastics, composites, and even food items! This is opening up new opportunities for 3D printing in engineering and manufacturing applications across a variety of industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
3D Printing in Engineering and Manufacturing Market Research Report
By Type
Metal, Polymer, Ceramic, Others
By Application
Automotive, Manufacturing, Construction and Engineering, Others
By Companies
3D Systems Inc., Stratasys, Voxeljet, Exone, Hoganas, Sandvik, Carpenter Technology, EOS, Envision Tec, GE, SLM Solutions, Bucktown Polymers, AMC Powders, Prodways, BASF
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global 3D Printing in Engineering and Manufacturing Market Report Segments:
The global 3D Printing in Engineering and Manufacturing market is segmented on the basis of:
Types
Metal, Polymer, Ceramic, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Manufacturing, Construction and Engineering, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3D Systems Inc.
- Stratasys
- Voxeljet
- Exone
- Hoganas
- Sandvik
- Carpenter Technology
- EOS
- Envision Tec
- GE
- SLM Solutions
- Bucktown Polymers
- AMC Powders
- Prodways
- BASF
Highlights of The 3D Printing in Engineering and Manufacturing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal
- Polymer
- Ceramic
- Others
- By Application:
- Automotive
- Manufacturing
- Construction and Engineering
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 3D Printing in Engineering and Manufacturing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
3D printing is a process of making a three-dimensional object from digital data. It uses special printers that can create objects by layer deposition.
Some of the major companies in the 3d printing in engineering and manufacturing market are 3D Systems Inc., Stratasys, Voxeljet, Exone, Hoganas, Sandvik, Carpenter Technology, EOS, Envision Tec, GE, SLM Solutions, Bucktown Polymers, AMC Powders, Prodways, BASF.
The 3d printing in engineering and manufacturing market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 3D Printing in Engineering and Manufacturing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 3D Printing in Engineering and Manufacturing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 3D Printing in Engineering and Manufacturing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 3D Printing in Engineering and Manufacturing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 3D Printing in Engineering and Manufacturing Market Size & Forecast, 2018-2028
4.5.1 3D Printing in Engineering and Manufacturing Market Size and Y-o-Y Growth
4.5.2 3D Printing in Engineering and Manufacturing Market Absolute $ Opportunity
Chapter 5 Global 3D Printing in Engineering and Manufacturing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 3D Printing in Engineering and Manufacturing Market Size Forecast by Type
5.2.1 Metal
5.2.2 Polymer
5.2.3 Ceramic
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 3D Printing in Engineering and Manufacturing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 3D Printing in Engineering and Manufacturing Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Manufacturing
6.2.3 Construction and Engineering
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 3D Printing in Engineering and Manufacturing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 3D Printing in Engineering and Manufacturing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America 3D Printing in Engineering and Manufacturing Analysis and Forecast
9.1 Introduction
9.2 North America 3D Printing in Engineering and Manufacturing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America 3D Printing in Engineering and Manufacturing Market Size Forecast by Type
9.6.1 Metal
9.6.2 Polymer
9.6.3 Ceramic
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America 3D Printing in Engineering and Manufacturing Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Manufacturing
9.10.3 Construction and Engineering
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe 3D Printing in Engineering and Manufacturing Analysis and Forecast
10.1 Introduction
10.2 Europe 3D Printing in Engineering and Manufacturing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe 3D Printing in Engineering and Manufacturing Market Size Forecast by Type
10.6.1 Metal
10.6.2 Polymer
10.6.3 Ceramic
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe 3D Printing in Engineering and Manufacturing Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Manufacturing
10.10.3 Construction and Engineering
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific 3D Printing in Engineering and Manufacturing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 3D Printing in Engineering and Manufacturing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific 3D Printing in Engineering and Manufacturing Market Size Forecast by Type
11.6.1 Metal
11.6.2 Polymer
11.6.3 Ceramic
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific 3D Printing in Engineering and Manufacturing Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Manufacturing
11.10.3 Construction and Engineering
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America 3D Printing in Engineering and Manufacturing Analysis and Forecast
12.1 Introduction
12.2 Latin America 3D Printing in Engineering and Manufacturing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America 3D Printing in Engineering and Manufacturing Market Size Forecast by Type
12.6.1 Metal
12.6.2 Polymer
12.6.3 Ceramic
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America 3D Printing in Engineering and Manufacturing Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Manufacturing
12.10.3 Construction and Engineering
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) 3D Printing in Engineering and Manufacturing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 3D Printing in Engineering and Manufacturing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) 3D Printing in Engineering and Manufacturing Market Size Forecast by Type
13.6.1 Metal
13.6.2 Polymer
13.6.3 Ceramic
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) 3D Printing in Engineering and Manufacturing Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Manufacturing
13.10.3 Construction and Engineering
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 3D Printing in Engineering and Manufacturing Market: Competitive Dashboard
14.2 Global 3D Printing in Engineering and Manufacturing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3D Systems Inc.
14.3.2 Stratasys
14.3.3 Voxeljet
14.3.4 Exone
14.3.5 Hoganas
14.3.6 Sandvik
14.3.7 Carpenter Technology
14.3.8 EOS
14.3.9 Envision Tec
14.3.10 GE
14.3.11 SLM Solutions
14.3.12 Bucktown Polymers
14.3.13 AMC Powders
14.3.14 Prodways
14.3.15 BASF
