Market Overview:
The global selective laser sintering market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for 3D printing technology across various industries, such as automotive, aerospace, defense, and others. In addition, the growing awareness about the benefits of 3D printing technology is also contributing to the growth of this market. The global selective laser sintering market can be segmented on the basis of type into metal and plastic. The metal segment is expected to account for a larger share of this market than the plastic segment during the forecast period from 2018 to 2030.
Product Definition:
Selective Laser Sintering (SLS) is a 3D printing technology that uses a laser to fuse small particles of plastic, metal, ceramic, or glass together to create a three-dimensional object. It is similar to fused deposition modeling (FDM), but instead of using melted plastic filament as the build material, SLS uses powdered material.
Metal:
Metal is an alloy of two or more elements, which are generally hard and brittle. It includes a mixture of metals such as iron, copper, aluminum and others. The different types of metal used in selective laser sintering include stainless steel, copper alloys (bronze), brass alloys (bronze), aluminum alloys and other metals such as titanium dioxide.
Plastic:
Plastic is a widely used material in the selective laser sintering (SLS) market. It has been around for decades and has seen many technological advancements. The most significant advancement was the introduction of polymers, which made possible production of lightweight parts at low cost with high efficiency and reduced waste. Polymer-based SLS technology can produce components up to 1 kg in weight with sizes ranging from micro meter to millimeter.
Application Insights:
The aerospace application segment led the global selective laser sintering market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for lightweight components using Selective Laser Sintering (SLS) technology, which reduces the weight of an aircraft without affecting its performance.
The automotive application segment is expected to witness significant growth over the forecast period owing to rising demand for vehicles with reduced weight and increased fuel efficiency. Moreover, technological advancements such as Vertical Axis Wind Turbines (VAWTs), which use blades made from composite materials are expected drive product demand in this sector further.
The product finds applications in various other industries including medical equipment & devices, construction.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing to the presence of numerous aerospace and defense companies in countries such as China, India, Japan, South Korea and Taiwan. The growing demand for 3D printed parts in these industries will drive the Asia Pacific regional market over the forecast period.
The Europe regional market captured a revenue share of more than 25% in 2017 owing to high acceptance levels coupled with rising demand for laser sintering technology across several application segments including automotive and others. In addition, increasing R&D activities by various organizations will fuel growth over the next eight years.
North America is projected to witness significant growth during the forecast period due its early adoption levels across several technologies such as Additive Manufacturing (3D Printing) & Laser Sintering (SLS).
Growth Factors:
- Increasing demand for 3D printing technology in various industries
- Rising popularity of desktop 3D printers
- Growing use of Selective Laser Sintering in medical and dental applications
- Technological advancements in Selective Laser Sintering printers
- Rising demand for customized products
Scope Of The Report
Report Attributes
Report Details
Report Title
Selective Laser Sintering Market Research Report
By Type
Metal, Plastic
By Application
Automotive, Aerospace, Defense, Others
By Companies
3D Systems, EOS, Farsoon Technologies, Prodways, Formlabs, Ricoh, Concept Laser, Renishaw, Sinterit, Sintratec AG, Sharebot
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
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Selective Laser Sintering Market Report Segments:
The global Selective Laser Sintering market is segmented on the basis of:
Types
Metal, Plastic
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, Aerospace, Defense, 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
- EOS
- Farsoon Technologies
- Prodways
- Formlabs
- Ricoh
- Concept Laser
- Renishaw
- Sinterit
- Sintratec AG
- Sharebot
Highlights of The Selective Laser Sintering 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
- Plastic
- By Application:
- Automotive
- Aerospace
- Defense
- 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 Selective Laser Sintering 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Selective Laser Sintering is a 3D printing process that uses lasers to fuse small pieces of plastic or other materials together. The resulting object is often much stronger and more durable than traditional 3D printing methods, which use heat to create objects from layers of material.
Some of the key players operating in the selective laser sintering market are 3D Systems, EOS, Farsoon Technologies, Prodways, Formlabs, Ricoh, Concept Laser, Renishaw, Sinterit, Sintratec AG, Sharebot.
The selective laser sintering market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Selective Laser Sintering 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 Selective Laser Sintering Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Selective Laser Sintering 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 Selective Laser Sintering 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 Selective Laser Sintering Market Size & Forecast, 2018-2028
4.5.1 Selective Laser Sintering Market Size and Y-o-Y Growth
4.5.2 Selective Laser Sintering Market Absolute $ Opportunity
Chapter 5 Global Selective Laser Sintering 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 Selective Laser Sintering Market Size Forecast by Type
5.2.1 Metal
5.2.2 Plastic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Selective Laser Sintering 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 Selective Laser Sintering Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace
6.2.3 Defense
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Selective Laser Sintering 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 Selective Laser Sintering 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 Selective Laser Sintering Analysis and Forecast
9.1 Introduction
9.2 North America Selective Laser Sintering 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 Selective Laser Sintering Market Size Forecast by Type
9.6.1 Metal
9.6.2 Plastic
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 Selective Laser Sintering Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace
9.10.3 Defense
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 Selective Laser Sintering Analysis and Forecast
10.1 Introduction
10.2 Europe Selective Laser Sintering 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 Selective Laser Sintering Market Size Forecast by Type
10.6.1 Metal
10.6.2 Plastic
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 Selective Laser Sintering Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace
10.10.3 Defense
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 Selective Laser Sintering Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Selective Laser Sintering 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 Selective Laser Sintering Market Size Forecast by Type
11.6.1 Metal
11.6.2 Plastic
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 Selective Laser Sintering Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace
11.10.3 Defense
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 Selective Laser Sintering Analysis and Forecast
12.1 Introduction
12.2 Latin America Selective Laser Sintering 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 Selective Laser Sintering Market Size Forecast by Type
12.6.1 Metal
12.6.2 Plastic
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 Selective Laser Sintering Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace
12.10.3 Defense
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) Selective Laser Sintering Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Selective Laser Sintering 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) Selective Laser Sintering Market Size Forecast by Type
13.6.1 Metal
13.6.2 Plastic
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) Selective Laser Sintering Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace
13.10.3 Defense
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 Selective Laser Sintering Market: Competitive Dashboard
14.2 Global Selective Laser Sintering Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3D Systems
14.3.2 EOS
14.3.3 Farsoon Technologies
14.3.4 Prodways
14.3.5 Formlabs
14.3.6 Ricoh
14.3.7 Concept Laser
14.3.8 Renishaw
14.3.9 Sinterit
14.3.10 Sintratec AG
14.3.11 Sharebot
