Market Overview:
The global MJ equipment market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for MJ equipment from the medical industry, jewelry industry, industrial tools, automotive industry and other industries. In terms of type, ink jetting is expected to hold the largest share of the global MJ equipment market during the forecast period. This can be attributed to its ability to produce high-resolution prints with intricate details.
Product Definition:
MJ equipment is a process that uses an inkjet printer to deposit material on a substrate. It is often used for printing patterns on fabrics, but can also be used for depositing other materials such as adhesives, sealants, and coatings. MJ equipment is important because it allows for the deposition of materials in very precise patterns, which can be useful in many applications.
Ink Jetting:
Ink jetting is a printing technology that deposits ink on the printable material (paper, card, film) by using high speed and pressurized air. The technique has been around for more than 40 years but its application in MJ equipment was limited to only black & white until recently. With technological advancements and cost-effective nature of this process; it is expected that many color printers will adopt this technology over the next seven years.
Binder Jetting:
Binder jetting is a method of removing material from a workpiece by using high-pressure air. The process takes place in two phases, namely the removal of stock and the sintering or setting of final product. Binder jetting is used for various applications such as metal casting, glass making, ceramic glazing and others. It can also be used to repair broken items in machinery or equipment.
Application Insights:
The industrial tools segment dominated the global material jetting (MJ) equipment market in 2017, accounting for a share of over 30.0% by revenue. The industrial tools include various applications such as metalworking, plastic working and others that require fluidized or suspended media to carry out operations such as sintering, welding and grinding. Material jetted systems are widely used in several industries including automotive, construction and mining for carrying out processes ranging from component assembly to large-scale production lines with high precision & efficiency.
The medical industry is anticipated to emerge as one of the fastest-growing segments over the forecast period owing to increasing demand for minimally invasive surgeries coupled with technological advancements in surgical instruments that utilize MJ techniques such as inkjetting and aerosol dispensing.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for 3D printing in this region. The rising number of manufacturers and suppliers has led to an increase in production as well as adoption of MJ technology across various industries, thereby boosting regional market growth.
The Middle East & Africa is also anticipated to witness significant growth owing to high investments being made by industry players for expanding their business operations within this region. Moreover, increasing government spending on defense & security sector coupled with growing automotive industry are some other factors that are likely boost regional market development over the next eight years.
Growth Factors:
- Increasing demand for MJ equipment from the automotive and aerospace industries due to the need for lightweight and high-performance parts.
- Growing popularity of MJ technology among small and medium-sized businesses (SMBs) due to its ability to produce complex parts quickly and at low cost.
- Advances in 3D printing software that make it easier for users to design complex parts, increasing the adoption of MJ technology.
- The development of new materials that can be used with MJ equipment, such as composites and metals alloys, which will open up new markets for this technology.
Scope Of The Report
Report Attributes
Report Details
Report Title
Material Jetting (MJ) Equipment Market Research Report
By Type
Ink Jetting, Binder Jetting, Aerosol Jetting
By Application
Medical Industry, Jewelry Industry, Industrial Tools, Automotive Industry, Others
By Companies
D Systems, Stratasys, Keyence, ExOne, Voxeljet, Optomec, Addwii, Vader Systems, Xjet, Zhuhai CTC Electronic, D Systems
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Material Jetting (MJ) Equipment Market Report Segments:
The global Material Jetting (MJ) Equipment market is segmented on the basis of:
Types
Ink Jetting, Binder Jetting, Aerosol Jetting
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
Medical Industry, Jewelry Industry, Industrial Tools, Automotive Industry, 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:
- D Systems
- Stratasys
- Keyence
- ExOne
- Voxeljet
- Optomec
- Addwii
- Vader Systems
- Xjet
- Zhuhai CTC Electronic
- D Systems
Highlights of The Material Jetting (MJ) Equipment 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:
- Ink Jetting
- Binder Jetting
- Aerosol Jetting
- By Application:
- Medical Industry
- Jewelry Industry
- Industrial Tools
- Automotive Industry
- 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 Material Jetting (MJ) Equipment 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.
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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?
Material jetting (MJ) equipment is a type of industrial machinery that uses high-pressure air and a nozzle to eject small particles, such as metal chips or liquid droplets, from a container. The particles are then directed towards a target area.
Some of the major companies in the material jetting (mj) equipment market are D Systems, Stratasys, Keyence, ExOne, Voxeljet, Optomec, Addwii, Vader Systems, Xjet, Zhuhai CTC Electronic, D Systems.
The material jetting (mj) equipment market is expected to grow at a compound annual growth rate of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Material Jetting (MJ) Equipment 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 Material Jetting (MJ) Equipment Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Material Jetting (MJ) Equipment 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 Material Jetting (MJ) Equipment 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 Material Jetting (MJ) Equipment Market Size & Forecast, 2020-2028 4.5.1 Material Jetting (MJ) Equipment Market Size and Y-o-Y Growth 4.5.2 Material Jetting (MJ) Equipment Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Ink Jetting
5.2.2 Binder Jetting
5.2.3 Aerosol Jetting
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Medical Industry
6.2.2 Jewelry Industry
6.2.3 Industrial Tools
6.2.4 Automotive Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Material Jetting (MJ) Equipment 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 Material Jetting (MJ) Equipment 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Ink Jetting
9.6.2 Binder Jetting
9.6.3 Aerosol Jetting
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 Market Size Forecast by Applications
9.10.1 Medical Industry
9.10.2 Jewelry Industry
9.10.3 Industrial Tools
9.10.4 Automotive Industry
9.10.5 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Ink Jetting
10.6.2 Binder Jetting
10.6.3 Aerosol Jetting
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 Market Size Forecast by Applications
10.10.1 Medical Industry
10.10.2 Jewelry Industry
10.10.3 Industrial Tools
10.10.4 Automotive Industry
10.10.5 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Ink Jetting
11.6.2 Binder Jetting
11.6.3 Aerosol Jetting
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 Market Size Forecast by Applications
11.10.1 Medical Industry
11.10.2 Jewelry Industry
11.10.3 Industrial Tools
11.10.4 Automotive Industry
11.10.5 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Ink Jetting
12.6.2 Binder Jetting
12.6.3 Aerosol Jetting
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 Market Size Forecast by Applications
12.10.1 Medical Industry
12.10.2 Jewelry Industry
12.10.3 Industrial Tools
12.10.4 Automotive Industry
12.10.5 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Ink Jetting
13.6.2 Binder Jetting
13.6.3 Aerosol Jetting
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) Market Size Forecast by Applications
13.10.1 Medical Industry
13.10.2 Jewelry Industry
13.10.3 Industrial Tools
13.10.4 Automotive Industry
13.10.5 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 Material Jetting (MJ) Equipment Market: Competitive Dashboard
14.2 Global Material Jetting (MJ) Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 D Systems
14.3.2 Stratasys
14.3.3 Keyence
14.3.4 ExOne
14.3.5 Voxeljet
14.3.6 Optomec
14.3.7 Addwii
14.3.8 Vader Systems
14.3.9 Xjet
14.3.10 Zhuhai CTC Electronic
14.3.11 D Systems