Industrial 3D Printing Market

Industrial 3D Printing Market by Offering (Printers, Materials, Software, Services), Application (Manufacturing, Prototyping), Process, Technology, Industry (Aerospace & Defense, Automotive), and Geography - Global Forecast to 2025

Report Code: SE 4293 Oct, 2020, by marketsandmarkets.com

[268 Pages Report]The industrial 3D printing market is projected to grow from USD 2.0 billion in 2020 to USD 5.3 billion by 2025, at a CAGR 20.9% between 2020 and 2025. Factors such as huge investments in 3D printing by start-ups companies, increased focus on high-volume production using 3D printing, high demand for 3D printing software to produce industry-grade parts, and ease in development of customized products, significant demand for online 3D printing are driving the growth of the industrial 3D printing market.

Industrial 3D Printing Market

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Factors that will drive the post-COVID-19 industrial 3D printing market growth include the growing need for 3D printing to provide aid to the disrupted supply chain, a step taken by companies to produce a range of products in a shorter time. For the long term benefit, companies are moving toward creating a digital inventory. For this, companies will have to start adopting new strategies, making radical changes to ensure that they are not in a situation similar to what they are currently facing due to a possible future pandemic/disaster. As such, industrial 3D printing forms an integral part of digitization plans in organizations, which will now fastrack in the coming years to regain momentum.

Industrial 3D Printing Market Dynamics

Driver: Huge investments in 3D printing by start-up companies

Ever since desktop 3D printing has declined from its 2014 hype cycle peak, a graphical representation to show the maturity, adoption, and social application of specific technologies, the industry has been mostly absent from the mainstream media spotlight. The lofty expectations, once placed on 3D printing, have largely moved on to drones, artificial intelligence, the internet of things, and autonomous vehicles, among other trends. While desktop 3D printing remains a hobbyist trend, the industrial 3D printing market has continued to grow and is now expanding beyond prototyping applications to tooling and short-run production. Investments in core printing technologies and specialized software and 3D printable materials and application development have brought renewed interest in the technology.

Restraint: Lack of standardization

The consistency of each 3D printing process varies due to the uncontrolled process variables and material differences based on machine and manufacturer. Currently, very few monitoring techniques meet specific criteria by rectifying the process inconsistencies of 3D printing. The capacity to develop detailed and accurate mathematical models through 3D printing is difficult, especially in complex and sophisticated applications (such as aerospace, military/defense, and healthcare) due to the limited data available for process control. The limitations in the planning phase, process control, and pre- and post-production procedures may lead to manufacturing failure and inaccurate outputs.

Opportunities: Introduction of digital or smart manufacturing with the emergence of Industry 4.0

3D printers are a vital part of Industry 4.0. While 3D printers had hit the market way back in the 80s, commercially viable 3D printing has been possible only in the last decade due to a number of start-ups turning into major players in the market. 3D printing technology today is at a stage where companies are starting to realize significant, tangible value for themselves and their customers using the technology. Leading corporates and consultants across the world are making substantial investments in 3D printing knowledge and capabilities to advise and join their clients in the Industry 4.0 wave and revolutionize supply chains, product portfolios, and business models in the process. A few important factors that lead to the increased adoption of industrial 3D printers are printing speed, quality, safety, environmental impact, printing material, software, and the overall price. Considering the industrial sector, most manufacturing industries are set to benefit from adopting 3D printing technology at the earliest.

Challenges: Increased threat of copyright infringement

3D printers are likely to become very common with the increasing use of 3D printing technology and the expiry of patents. Companies have already started uploading their files on websites for customers to choose their products, followed by the shipping of these products to the customers. Owing to such increased usage, customers may expect a higher degree of customization for the products they purchase. The rise in consumer influence may lead to an increase in 3D piracy, i.e., the ability of customers to manufacture the products by themselves instead of buying them from suppliers.

Based on offering, the printers segment is projected to account for the largest size of the industrial 3D printing market from 2020 to 2025.

The industrial 3D printing market is driven by the increasing adoption of 3D printing technology and 3D printers in various industries to produce select end parts. Industrial 3D printers are used in various industries, such as aerospace & defense, automotive, healthcare, printed electronics, energy, jewelry, and engineering. They are used to generate concept models, precision and functional prototypes, master patterns and molds for tooling, and finished parts. Since 3D printing requires no tooling, manufacturers can reduce the time required to produce parts, bypassing a time-consuming and costly tooling production step. It is a cost-effective technology for producing parts with complex geometries.

Based on process, the powder bed fusion segment is projected to account for the largest size of the industrial 3D printing market from 2020 to 2025.

Powder bed fusion 3D printing includes direct metal laser sintering (DMLS), electron beam melting (EBM), selective heat sintering (SHS), selective laser melting (SLM), and selective laser sintering (SLS) technologies, which are the most commonly used industrial 3D printing technologies, for the development of tools and machinery parts for the aerospace, automotive, healthcare, and printed electronics industries. The ability to produce complex geometries and deliver high feature resolution, good strength, and decent surface finish are the major drivers for the growth of the market for powder bed fusion 3D printing. This process also registers a shorter time to develop a product.

Based on technologies, the direct metal laser sintering segment is projected to account for the largest size of the industrial 3D printing market from 2020 to 2025.

DMLS is used in tooling and manufacturing of fixtures and jigs. The technology enables the creation of high-quality metal parts as it facilitates the construction of complex geometric shapes of metals (up to 20 microns), which makes it ideal for the manufacturing industry. This technology helps develop complex structures in industries, such as aerospace and automotive, for tooling and machinery parts. The detailed resolution of 3D printed parts, cost-efficient production, and quick and easy handling of materials are the major drivers for the growing demand for direct metal laser sintering technology in the industrial 3D printing market.

Based on applications, the prototyping segment is projected to account for the largest size of the industrial 3D printing market from 2020 to 2025.

Prototyping is one of the important applications of industrial 3D printing. With the help of prototyping, designs and their correctness can be verified. It is an important step that is generally followed before designing the final product and is mainly done with the help of 3D printing. Additive manufacturing considerably simplifies the prototyping process. Prototyping is typically followed in various sectors, namely automotive, aerospace and defense, automotive, healthcare, education, research, and others. Various companies are also exploring the suitability of 3D prototyping for the production of tools, heavy equipment, and machinery.

Based on industries, the aerospace and defense segment is projected to account for the largest size of the industrial 3D printing market from 2020 to 2025.

The aerospace & defense industry is expected to continue to hold the largest share of the industrial 3D printing market during the forecast period. The significant share of the industry is mainly due to the high adoption of printers, materials, and services by this industry. The aerospace industry offers tremendous opportunities for industrial 3D printing technologies and holds promising potential for the market in the coming future. Stringent requirements such as lightweight components and accurate and precise airplane parts are the major factors driving the adoption of 3D printing technology by the aerospace industry.

Industrial 3D Printing Market by Region

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Industrial 3D Printing Market by Region

North America is projected to hold the largest size of the industrial 3D printing market during the forecast period.

North America held the largest share of the industrial 3D printing market in 2019due to technological advancements and the high adoption of technology in a vast range of industries. The industrial 3D printing market in APAC is expected to grow at the highest CAGR from 2020 to 2025, driven by the increasing adoption of 3D printers and materials in several sectors, such as printed electronics, healthcare, energy, and jewelry, in this region. The market in Europe is expected to grow at a significant rate during the forecast period owing to the increasing demand for 3D printing from the automotive and aerospace & defense industries.

Key Market Players

Stratasys (Israel/US), 3D Systems (US), Materialise (Belgium), EOS (Germany), GE Additive (US), ExOne (US), voxeljet (Germany), SLM Solutions (Germany), EnvisionTEC (Germany), and HP (US) are some of the key players in the industrial 3D printing market.

Scope of the Report

Report Metric

Details

Market size availability for years

2016–2025

Base year

2019

Forecast period

2020–2025

Forecast units

Value (USD) million/billion

Segments covered

Offering, process, technology, application, and industry

Geographies covered

North America, Europe, APAC, and RoW

Companies Covered

Stratasys, 3D Systems, Materialise, EOS, GE Additive, among others. A total of 25 players were covered.

This research report categorizes the industrial 3D printing market based on offering, process, technology, application, industry, and region

Industrial 3D Printing Market, by Offering

  • Printers
  • Materials
  • Software
  • Services

Industrial 3D Printing Market, by Technology

  • Stereolithography
  • Fused Deposition Modelling
  • Selective Laser Sintering
  • Direct Metal Laser Sintering
  • Polyjet Printing
  • Inkjet Printing
  • Electron Beam Melting
  • Laser Metal Deposition
  • Digital Light Projection
  • Laminated Object Manufacturing
  • Others

Industrial 3D Printing Market, by Process

  • Material Extrusion
  • Material Jetting
  • Binder Jetting
  • Sheet Lamination
  • Vat Photopolymerization
  • Powder Bed Fusion
  • Direct Energy Deposition

Industrial 3D Printing Market, by Process

  • Automotive
  • Aerospace & Defense
  • Food & Culinary
  • Printed Electronics
  • Foundry & Forging
  • Healthcare
  • Jewelry
  • Oil & Gas
  • Consumer Goods
  • Others

Industrial 3D Printing Market, by Application

  • Prototyping
  • Manufacturing

Industrial 3D Printing Market, by Region

  • North America
  • Europe
  • Asia Pacific (APAC)
  • RoW

Recent Developments

  • In May 2020, MakerBot, a subsidiary of Stratasys, launched METHOD Carbon Fiber Editions designed to enable engineers to print stronger and more accurate parts for manufacturing tools, jigs, and fixtures and can be used to reproduce high-performance replacement parts. METHOD Carbon Fiber options also allow companies to efficiently and economically create lightweight alternatives to metal structures
  • In May 2020, US Air Force and GE’s collaboration on metal additive launched a 3D-printed sump cover for the F110 engine.
  • In May 2020, Materialise launched Mindware, an advisory service to offer businesses strategic, tailored, and technology-neutral insights on the use of 3D printing, which will help them to address business challenges.
  • In February 2020, 3D Systems launched 3DXpert for SolidWorks, which empowers SOLIDWORKS customers to easily prepare and optimize their designs for additive manufacturing, allowing them to design complex structures and accelerate the product design lifecycle with better automation and seamless bi-directional data exchange from and to SOLIDWORKS.
  • In February 2020, 3D Systems expanded its agreement with Sanmina, a global leader in integrated  manufacturing services, to manufacture specific plastic 3D printing platforms. This agreement builds on an existing multi-year relationship that originally included the manufacturing of 3D Systems’ Figure 4 platform and will now expand to include all plastics hardware at its manufacturing facility in Rock Hill, South Carolina, US.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 29)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION AND SCOPE
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE
        FIGURE 1 SEGMENTATION OF INDUSTRIAL 3D PRINTING MARKET
           1.3.1 YEARS CONSIDERED
           1.3.2 GEOGRAPHIC SCOPE
    1.4 CURRENCY
    1.5 STAKEHOLDERS
    1.6 SUMMARY OF CHANGES
    1.7 LIMITATIONS

2 RESEARCH METHODOLOGY (Page No. - 34)
    2.1 RESEARCH DATA
        FIGURE 2 INDUSTRIAL 3D PRINTING MARKET: PROCESS FLOW OF MARKET SIZE SEGMENTATION
        FIGURE 3 INDUSTRIAL 3D PRINTING MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primary sources
                            FIGURE 4 DATA TRIANGULATION
    2.2 MARKET SIZE ESTIMATION
        FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS
        FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE)— IDENTIFICATION OF REVENUE GENERATED BY COMPANIES FROM INDUSTRIAL 3D PRINTING OFFERINGS
        FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH FOR ESTIMATING INDUSTRIAL 3D PRINTING MARKET SIZE, BY OFFERING
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Approach to arrive at market size using bottom-up approach (demand side)
                            FIGURE 8 INDUSTRIAL 3D PRINTING MARKET: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    2.2.2.1 Approach to arrive at market size using top-down approach (supply side)
                            FIGURE 9 INDUSTRIAL 3D PRINTING MARKET: TOP-DOWN APPROACH
    2.3 RESEARCH ASSUMPTIONS AND LIMITATIONS
        TABLE 1 ASSUMPTIONS FOR RESEARCH STUDY

3 EXECUTIVE SUMMARY (Page No. - 44)
  FIGURE 10 DIRECT METAL LASER SINTERING TECHNOLOGY TO LEAD INDUSTRIAL 3D PRINTING MARKET IN 2025
  FIGURE 11 POWDER BED FUSION PROCESS TO ACCOUNT FOR LARGEST SIZE OF INDUSTRIAL 3D PRINTING MARKET IN 2025
  FIGURE 12 PROTOTYPING APPLICATION TO DOMINATE INDUSTRIAL 3D PRINTING MARKET IN 2025
  FIGURE 13 AEROSPACE & DEFENSE INDUSTRY TO COMMAND INDUSTRIAL 3D PRINTING MARKET DURING FORECAST PERIOD
  FIGURE 14 NORTH AMERICA TO CAPTURE LARGEST SHARE OF INDUSTRIAL 3D PRINTING MARKET IN 2025

4 IMPACT OF COVID-19 ON INDUSTRIAL 3D PRINTING MARKET (Page No. - 48)
  FIGURE 15 INDUSTRIAL 3D PRINTING MARKET, BY PRE-AND POST-COVID-19 SCENARIO, 2016–2025
    4.1 PRE-COVID-19 SCENARIO
    4.2 POST-COVID-19 SCENARIO

5 PREMIUM INSIGHTS (Page No. - 50)
    5.1 ATTRACTIVE OPPORTUNITIES IN INDUSTRIAL 3D PRINTING MARKET
        FIGURE 16 DIGITAL MANUFACTURING TECHNOLOGIES DRIVE MARKET GROWTH
    5.2 GLOBAL INDUSTRIAL 3D PRINTING MARKET, BY INDUSTRY AND COUNTRY
        FIGURE 17 AEROSPACE & DEFENSE INDUSTRY TO ACCOUNT FOR LARGEST SHARE OF GLOBAL INDUSTRIAL 3D PRINTING MARKET IN 2025
    5.3 COUNTRY-WISE INDUSTRIAL 3D PRINTING MARKET GROWTH RATE
        FIGURE 18 CHINA TO EXHIBIT HIGHEST CAGR IN INDUSTRIAL 3D PRINTING MARKET DURING FORECAST PERIOD

6 MARKET OVERVIEW (Page No. - 52)
    6.1 INTRODUCTION
    6.2 MARKET DYNAMICS
        FIGURE 19 INDUSTRIAL 3D PRINTING MARKET DYNAMICS
           6.2.1 DRIVERS
                 FIGURE 20 INDUSTRIAL 3D PRINTING MARKET DRIVERS AND THEIR IMPACT
                    6.2.1.1 Huge investments in 3D printing by start-up companies
                            TABLE 2 COMPANY-WISE INVESTMENTS IN 3D PRINTING
                            FIGURE 21 SHARES OF 3D PRINTING INVESTMENTS MADE THROUGH DIFFERENT CHANNELS
                    6.2.1.2 Increased focus on high-volume production using 3D printing
                    6.2.1.3 High demand for 3D printing software to produce industry-grade parts
                            FIGURE 22 MAJOR SOFTWARE PROVIDERS
                    6.2.1.4 Ease in development of customized products
                    6.2.1.5 Significant demand for online 3D printing
           6.2.2 RESTRAINTS
                    6.2.2.1 Lack of standardization
           6.2.3 OPPORTUNITIES
                 FIGURE 23 INDUSTRIAL 3D PRINTING MARKET OPPORTUNITIES AND THEIR IMPACT
                    6.2.3.1 Introduction of digital or smart manufacturing with emergence of Industry 4.0
                    6.2.3.2 Adoption of 3D printing in industries such as automotive and aerospace
                            FIGURE 24 GLOBAL AUTOMOTIVE PRODUCTION STATISTICS
                            FIGURE 25 MILITARY AIRCRAFT DELIVERY STATISTICS
                            FIGURE 26 COMMERCIAL AIRCRAFT DELIVERY STATISTICS
                            TABLE 3 BENEFITS OF 3D PRINTING FOR AEROSPACE INDUSTRY
                    6.2.3.3 Use of 3D printing in healthcare sector
                               6.2.3.3.1 Medical
                               6.2.3.3.2 Pharmaceuticals
                               6.2.3.3.3 Dental
                    6.2.3.4 Advances in post-processing systems
           6.2.4 CHALLENGES
                    6.2.4.1 Increased threat of copyright infringement
                    6.2.4.2 High cost associated with 3D printing
                            TABLE 4 CHALLENGES – 2017 VS. 2019
                            FIGURE 27 CHALLENGES ACROSS VARIOUS INDUSTRIES
                            FIGURE 28 INDUSTRIAL 3D PRINTING MARKET RESTRAINTS AND CHALLENGES, AND THEIR IMPACT
    6.3 VALUE CHAIN ANALYSIS
        FIGURE 29 GLOBAL INDUSTRIAL 3D PRINTING MARKET: VALUE CHAIN ANALYSIS
    6.4 CASE STUDY
           6.4.1 AEROSPACE
                    6.4.1.1 Frazer-Nash used additive manufacturing to produce fasteners required during aircraft assembly
           6.4.2 AUTOMOTIVE
                    6.4.2.1 Renishaw helped HiETA to move metal additive manufacturing from prototype manufacture to commercial production of its heat exchangers
                    6.4.2.2 Metal 3D printing pushed boundaries in Moto2 through defiant innovation
           6.4.3 HEALTHCARE
                    6.4.3.1 IMR, Renishaw, and nTopology implemented additive manufacturing for spinal implants
                    6.4.3.2 Egan adopted digital workflow for removable partial dentures
    6.5 PATENT ANALYSIS
        FIGURE 30 3D PRINTING PATENT APPLICATIONS PER YEAR, 2007–2019
        FIGURE 31 TOP OWNERS OF PATENTS RELATED TO 3D PRINTING
        FIGURE 32 3D PRINTING PATENT ANALYSIS – TOP COUNTRIES
    6.6 TECHNOLOGY ANALYSIS
    6.7 TARIFF AND REGULATIONS
           6.7.1 ISO TC 621
    6.8 PRICING ANALYSIS
    6.9 SHIPMENTS
        FIGURE 33 INDUSTRIAL 3D PRINTER SHIPMENTS, 2016–2022
    6.10 ECOSYSTEM/MARKET MAP
         FIGURE 34 ECOSYSTEM – 3D PRINTING

7 INDUSTRIAL 3D PRINTING MARKET, BY OFFERING (Page No. - 76)
    7.1 INTRODUCTION
        FIGURE 35 INDUSTRIAL 3D PRINTING MARKET, BY OFFERING
        FIGURE 36 PRINTERS TO HOLD LARGEST SIZE OF INDUSTRIAL 3D PRINTING MARKET DURING FORECAST PERIOD
        TABLE 5 INDUSTRIAL 3D PRINTING MARKET, BY OFFERING, 2016–2025 (USD MILLION)
    7.2 PRINTERS
           7.2.1 INDUSTRIAL 3D PRINTERS ARE USED IN ADVANCED PROTOTYPING AND PRODUCT PART MANUFACTURING
                 TABLE 6 INDUSTRIAL 3D PRINTING MARKET FOR PRINTERS, BY REGION, 2016–2025 (USD MILLION)
    7.3 MATERIALS
           7.3.1 MATERIALS MAINLY INCLUDE PLASTICS, METALS, AND CERAMICS
                 FIGURE 37 TYPES OF INDUSTRIAL 3D PRINTING MATERIALS
                 FIGURE 38 PLASTICS MATERIALS TO HOLD LARGEST SIZE OF INDUSTRIAL 3D PRINTING MARKET IN 2025
                 TABLE 7 INDUSTRIAL 3D PRINTING MARKET FOR MATERIALS, BY TYPE, 2016–2025 (USD MILLION)
                 TABLE 8 INDUSTRIAL 3D PRINTING MARKET FOR MATERIALS, BY REGION, 2016–2025 (USD MILLION)
           7.3.2 PLASTICS
                 TABLE 9 INDUSTRIAL 3D PRINTING MARKET FOR PLASTICS, BY TYPE, 2016–2025 (USD MILLION)
                    7.3.2.1 Thermoplastics
                               7.3.2.1.1 Acrylonitrile butadiene styrene (ABS)
                                             7.3.2.1.1.1 ABS is ideal for prototyping and functional part manufacturing
                                                         TABLE 10 GENERAL TECHNICAL SPECIFICATIONS OF ABS
                               7.3.2.1.2 Polylactic acid (PLA)
                                             7.3.2.1.2.1 PLA is most eco-friendly material used in 3D printing
                                                         TABLE 11 GENERAL TECHNICAL SPECIFICATIONS OF PLA
                               7.3.2.1.3 Nylon
                                             7.3.2.1.3.1 Nylon has main applications in prototyping, jigs and fixtures, and tooling
                                                         TABLE 12 GENERAL TECHNICAL SPECIFICATIONS OF NYLON
                               7.3.2.1.4 Others
                                             7.3.2.1.4.1 Polypropylene
                                                         TABLE 13 GENERAL TECHNICAL SPECIFICATIONS OF POLYPROPYLENE
                                             7.3.2.1.4.2 Polycarbonate
                                                         TABLE 14 GENERAL TECHNICAL SPECIFICATIONS OF POLYCARBONATE
                                             7.3.2.1.4.3 Polyvinyl alcohol (PVA)
                                                         TABLE 15 GENERAL TECHNICAL SPECIFICATIONS OF PVA
                               7.3.2.1.5 Photopolymers
           7.3.3 METALS
                 TABLE 16 INDUSTRIAL 3D PRINTING MARKET FOR METALS, BY TYPE, 2016–2025 (USD MILLION)
                    7.3.3.1 Steel
                               7.3.3.1.1 Stainless steel provides significant level of strength to model
                    7.3.3.2 Aluminum
                               7.3.3.2.1 Aluminum models are constructed from amalgamation of gray aluminum powder and polyamide
                    7.3.3.3 Titanium
                               7.3.3.3.1 Titanium models are printed using titanium powder that is sintered together by laser beam to produce end-use metal parts
                                         TABLE 17 SECTOR-WISE PROPERTIES AND APPLICATIONS OF TITANIUM
                    7.3.3.4 Alloys (Inconel, CoCr)
                               7.3.3.4.1 Inconel is most widely used metal alloys across major industries
                    7.3.3.5 Other metals
                               7.3.3.5.1 Gold
                                             7.3.3.5.1.1 Gold is mostly used for making jewelry
                               7.3.3.5.2 Silver
                                             7.3.3.5.2.1 Silver has very high electrical and thermal conductivity
                               7.3.3.5.3 Other metal powders
           7.3.4 CERAMICS
                    7.3.4.1 Glass
                               7.3.4.1.1 Glass materials are used to craft models through 3D printing
                    7.3.4.2 Silica
                               7.3.4.2.1 Silica is widely used owing to its easy availability
                    7.3.4.3 Quartz
                               7.3.4.3.1 Quartz material is known for its thermal and chemical stability
                    7.3.4.4 Other ceramics
           7.3.5 OTHER MATERIALS
    7.4 SOFTWARE
        FIGURE 39 INDUSTRIAL 3D PRINTING SOFTWARE MARKET
        TABLE 18 INDUSTRIAL 3D PRINTING MARKET FOR SOFTWARE, BY TYPE, 2016–2025 (USD MILLION)
        TABLE 19 INDUSTRIAL 3D PRINTING MARKET FOR SOFTWARE, BY REGION, 2016–2025 (USD MILLION)
           7.4.1 DESIGN SOFTWARE
                    7.4.1.1 Design software in industrial 3D printing is used to create parts, assemblies, and drawings
           7.4.2 INSPECTION SOFTWARE
                    7.4.2.1 Inspection software is developed to check compliance of 3D-printed products with required specifications
           7.4.3 PRINTING SOFTWARE
                    7.4.3.1 Printing software ensures high precision of parts developed via printers
           7.4.4 SCANNING SOFTWARE
                    7.4.4.1 Scanning software allows users to scan physical objects and create digital models or designs that can be stored for future purpose
    7.5 SERVICES
        FIGURE 40 INDUSTRIAL 3D PRINTING SERVICES
        TABLE 20 INDUSTRIAL 3D PRINTING MARKET FOR SERVICES, BY TYPE, 2016–2025 (USD MILLION)
        TABLE 21 INDUSTRIAL 3D PRINTING MARKET FOR SERVICES, BY REGION, 2016–2025 (USD MILLION)
           7.5.1 MANUFACTURING SERVICES
                    7.5.1.1 Manufacturing services include technical services, training services, quality management services, applications, and R&D services
           7.5.2 CONSULTING SERVICES
                    7.5.2.1 Consulting services comprise mapping and quantifying potential business impact and developing roadmaps and business models
    7.6 COVID-19 IMPACT ON OFFERINGS
        FIGURE 41 IMPACT OF COVID-19 ON OFFERINGS

8 INDUSTRIAL 3D PRINTING MARKET, BY PROCESS (Page No. - 98)
    8.1 INTRODUCTION
        FIGURE 42 INDUSTRIAL 3D PRINTING MARKET, BY PROCESS
        FIGURE 43 POWDER BED FUSION PROCESS TO HOLD LARGEST SIZE OF INDUSTRIAL 3D PRINTING MARKET DURING FORECAST PERIOD
        TABLE 22 INDUSTRIAL 3D PRINTING MARKET, BY PROCESS, 2016–2025 (USD MILLION)
    8.2 BINDER JETTING
           8.2.1 BINDER JETTING IS ADOPTED IN MATERIALS THAT ARE IN POWDERED FORM
                 FIGURE 44 BINDER JETTING PROCESS
                 TABLE 23 INDUSTRIAL 3D PRINTING MARKET FOR BINDER JETTING, BY APPLICATION, 2016–2025 (USD MILLION)
    8.3 DIRECT ENERGY DEPOSITION (DED)
           8.3.1 DED CAN BE WIDELY USED FOR REPAIRING PARTS
                 FIGURE 45 DIRECT ENERGY DEPOSITION PROCESS
                 TABLE 24 INDUSTRIAL 3D PRINTING MARKET FOR DIRECT ENERGY DEPOSITION, BY APPLICATION, 2016–2025 (USD MILLION)
    8.4 MATERIAL EXTRUSION
           8.4.1 MATERIAL EXTRUSION PROCESS IS WIDELY USED DUE TO ITS SIMPLICITY
                 FIGURE 46 MATERIAL EXTRUSION PROCESS
                 TABLE 25 INDUSTRIAL 3D PRINTING MARKET FOR MATERIAL EXTRUSION, BY APPLICATION, 2016–2025 (USD MILLION)
    8.5 MATERIAL JETTING
           8.5.1 MATERIAL JETTING TECHNIQUE IS GREAT CHOICE FOR PROTOTYPES
                 FIGURE 47 MATERIAL JETTING PROCESS
                 TABLE 26 INDUSTRIAL 3D PRINTING MARKET FOR MATERIAL JETTING, BY APPLICATION, 2016–2025 (USD MILLION)
    8.6 POWDER BED FUSION
           8.6.1 POWDER BED FUSION IS SUITABLE WHEN DMLS, EBM, SHS, SLM, AND SLS 3D PRINTING TECHNOLOGIES ARE USED
                 FIGURE 48 POWDER BED FUSION PROCESS
                 TABLE 27 INDUSTRIAL 3D PRINTING MARKET FOR POWDER BED FUSION, BY APPLICATION, 2016–2025 (USD MILLION)
    8.7 SHEET LAMINATION
           8.7.1 SHEET LAMINATION IS USED WHEN METAL OR PAPER IS USED AS PRINTING MATERIALS
                 FIGURE 49 SHEET LAMINATION PROCESS
                 TABLE 28 INDUSTRIAL 3D PRINTING MARKET FOR SHEET LAMINATION, BY APPLICATION, 2016–2025 (USD MILLION)
    8.8 VAT PHOTOPOLYMERIZATION
           8.8.1 VAT PHOTOPOLYMERIZATION OFFERS SUPERIOR SURFACE FINISH AND HIGH ACCURACY
                 FIGURE 50 VAT PHOTOPOLYMERIZATION PROCESS
                 TABLE 29 INDUSTRIAL 3D PRINTING MARKET FOR VAT PHOTOPOLYMERIZATION, BY APPLICATION, 2016–2025 (USD MILLION)
    8.9 COVID-19 IMPACT ON 3D PRINTING PROCESSES
        FIGURE 51 IMPACT OF COVID-19 ON 3D PRINTING PROCESSES

9 INDUSTRIAL 3D PRINTING MARKET, BY TECHNOLOGY (Page No. - 112)
    9.1 INTRODUCTION
        FIGURE 52 INDUSTRIAL 3D PRINTING MARKET, BY TECHNOLOGY
        FIGURE 53 DIRECT METAL LASER SINTERING TECHNOLOGY TO LEAD INDUSTRIAL 3D PRINTING MARKET DURING FORECAST PERIOD
        TABLE 30 INDUSTRIAL 3D PRINTING MARKET, BY TECHNOLOGY, 2016–2025 (USD MILLION)
    9.2 STEREOLITHOGRAPHY (SLA)
           9.2.1 SLA USES UV LASERS TO CURE AND SOLIDIFY THIN LAYERS OF PHOTO-REACTIVE RESINS
                 FIGURE 54 SLA PROCESS
           9.2.2 ADVANTAGES AND DISADVANTAGES OF SLA
                 TABLE 31 INDUSTRIAL 3D PRINTING MARKET FOR STEREOLITHOGRAPHY, BY APPLICATION, 2016–2025 (USD MILLION)
    9.3 FUSED DEPOSITION MODELLING (FDM)
           9.3.1 FDM IS WIDELY USED TO CREATE CONCEPT MODELS, FUNCTIONAL PARTS, AND END-USE PARTS
           9.3.2 ADVANTAGES AND DISADVANTAGES OF FDM
                 TABLE 32 INDUSTRIAL 3D PRINTING MARKET FOR FDM, BY APPLICATION, 2016–2025 (USD MILLION)
    9.4 SELECTIVE LASER SINTERING
           9.4.1 SLS USES LASER BEAMS TO SINTER POWDERED PLASTIC MATERIALS
           9.4.2 ADVANTAGES AND DISADVANTAGES OF SELECTIVE LASER SINTERING
                 TABLE 33 INDUSTRIAL 3D PRINTING MARKET FOR SELECTIVE LASER SINTERING, BY APPLICATION, 2016–2025 (USD MILLION)
    9.5 DIRECT METAL LASER SINTERING (DMLS)
           9.5.1 DMLS IS USED IN APPLICATIONS WHERE FINE DETAILS ARE REQUIRED
                 TABLE 34 INDUSTRIAL 3D PRINTING MARKET FOR DIRECT METAL LASER SINTERING, BY APPLICATION, 2016–2025 (USD MILLION)
           9.5.2 ADVANTAGES AND DISADVANTAGES OF DIRECT METAL LASER SINTERING
    9.6 POLYJET PRINTING
           9.6.1 POLYJET PRINTING IS USED TO DEVELOP HIGHLY ACCURATE MODELS
           9.6.2 ADVANTAGES AND DISADVANTAGES OF POLYJET PRINTING
                 TABLE 35 INDUSTRIAL 3D PRINTING MARKET FOR POLYJET PRINTING, BY APPLICATION, 2016–2025 (USD MILLION)
    9.7 INKJET PRINTING
           9.7.1 INKJET PRINTING ALLOWS TO BUILD MULTIPLE PARTS USING SINGLE PRINT BED
                 TABLE 36 INDUSTRIAL 3D PRINTING MARKET FOR INKJET PRINTING, BY APPLICATION, 2016–2025 (USD MILLION)
    9.8 ELECTRON BEAM MELTING
           9.8.1 ELECTRON BEAM MELTING TECHNOLOGY IS USEFUL IN CREATING HIGH-DENSITY PARTS
           9.8.2 ADVANTAGES AND DISADVANTAGES OF ELECTRON BEAM MELTING
                 TABLE 37 INDUSTRIAL 3D PRINTING MARKET FOR ELECTRON BEAM MELTING, BY APPLICATION, 2016–2025 (USD MILLION)
    9.9 LASER METAL DEPOSITION
           9.9.1 LASER METAL DEPOSITION TECHNOLOGY IS USEFUL IN REPAIR, CLADDING, AND PRODUCTION OF PARTS
           9.9.2 ADVANTAGES AND DISADVANTAGES OF LASER METAL DEPOSITION
                 TABLE 38 INDUSTRIAL 3D PRINTING MARKET FOR LASER METAL DEPOSITION, BY APPLICATION, 2016–2025 (USD MILLION)
    9.10 DIGITAL LIGHT PROCESSING (DLP)
           9.10.1 DLP USES CONVENIENT LIGHT SOURCES FOR PRINTING
           9.10.2 ADVANTAGES AND DISADVANTAGES OF DLP
                  TABLE 39 INDUSTRIAL 3D PRINTING MARKET FOR DIGITAL LIGHT PROCESSING, BY APPLICATION, 2016–2025 (USD MILLION)
    9.11 LAMINATED OBJECT MANUFACTURING (LOM)
           9.11.1 LOM PROCESS GENERALLY INVOLVES PAPER AS PRINTING MATERIAL AND ADHESIVES FOR BINDING SHEETS
           9.11.2 ADVANTAGES AND DISADVANTAGES OF LOM
                  TABLE 40 INDUSTRIAL 3D PRINTING MARKET FOR LAMINATED OBJECT MANUFACTURING, BY APPLICATION, 2016–2025 (USD MILLION)
    9.12 OTHERS
          TABLE 41 INDUSTRIAL 3D PRINTING MARKET FOR OTHER TECHNOLOGIES, BY APPLICATION, 2016–2025 (USD MILLION)
    9.13 COVID-19 IMPACT ON 3D PRINTING TECHNOLOGIES
          FIGURE 55 IMPACT OF COVID-19 ON 3D PRINTING TECHNOLOGIES

10 INDUSTRIAL 3D PRINTING MARKET, BY APPLICATION (Page No. - 127)
     10.1 INTRODUCTION
          FIGURE 56 INDUSTRIAL 3D PRINTING MARKET, BY APPLICATION
          FIGURE 57 MANUFACTURING APPLICATION TO HOLD LARGER SIZE OF INDUSTRIAL 3D PRINTING MARKET DURING FORECAST PERIOD
          TABLE 42 INDUSTRIAL 3D PRINTING MARKET, BY APPLICATION, 2016–2025 (USD MILLION)
     10.2 PROTOTYPING
             10.2.1 PROTOTYPING HELPS IN TESTING AND VALIDATING PARTS BEFORE THEY ARE MANUFACTURED
                    TABLE 43 INDUSTRIAL 3D PRINTING MARKET FOR PROTOTYPING, BY INDUSTRY, 2016–2025 (USD MILLION)
                    TABLE 44 INDUSTRIAL 3D PRINTING MARKET FOR PROTOTYPING, BY TECHNOLOGY, 2016–2025 (USD MILLION)
                    TABLE 45 INDUSTRIAL 3D PRINTING MARKET FOR PROTOTYPING, BY PROCESS, 2016–2025 (USD MILLION)
     10.3 MANUFACTURING
             10.3.1 MANUFACTURING APPLICATION USES 3D PRINTING TO PRODUCE PRODUCTS IN SMALLER VOLUMES
                    TABLE 46 INDUSTRIAL 3D PRINTING MARKET FOR MANUFACTURING, BY INDUSTRY, 2016–2025 (USD MILLION)
                    TABLE 47 INDUSTRIAL 3D PRINTING MARKET FOR MANUFACTURING, BY TECHNOLOGY, 2016–2025 (USD MILLION)
                    TABLE 48 INDUSTRIAL 3D PRINTING MARKET FOR MANUFACTURING, BY PROCESS, 2016–2025 (USD MILLION)
     10.4 COVID-19 IMPACT ON 3D PRINTING APPLICATIONS
          FIGURE 58 IMPACT OF COVID-19 ON 3D PRINTING APPLICATIONS

11 INDUSTRIAL 3D PRINTING MARKET, BY INDUSTRY (Page No. - 137)
     11.1 INTRODUCTION
          FIGURE 59 INDUSTRIAL 3D PRINTING MARKET, BY INDUSTRY
          FIGURE 60 AEROSPACE & DEFENSE INDUSTRY TO ACCOUNT FOR LARGEST SIZE OF INDUSTRIAL 3D PRINTING MARKET IN 2025
          TABLE 49 INDUSTRIAL 3D PRINTING MARKET, BY INDUSTRY, 2016–2025 (USD MILLION)
     11.2 AUTOMOTIVE
             11.2.1 AUTOMOTIVE COMPANIES USE 3D PRINTING TECHNOLOGY TO PRINT AUTOMOBILE PARTS
             11.2.2 USE CASES
                        11.2.2.1 Ford 3D printed parts for its Mustang Shelby GT500 sports car
                        11.2.2.2 Volkswagen Autoeuropa uses Ultimaker’s 3D printers to create jigs and fixtures for its assembly line
                        11.2.2.3 Local Motors and XEV are focused on developing 3D-printed car
                                 TABLE 50 INDUSTRIAL 3D PRINTING MARKET FOR AUTOMOTIVE INDUSTRY, BY APPLICATION, 2016–2025 (USD MILLION)
                                 FIGURE 61 APAC TO EXHIBIT HIGHEST CAGR IN INDUSTRIAL 3D PRINTING MARKET FOR AUTOMOTIVE INDUSTRY DURING 2020–2025
                                 TABLE 51 INDUSTRIAL 3D PRINTING MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2016–2025 (USD MILLION)
     11.3 AEROSPACE & DEFENSE
             11.3.1 TECHNOLOGICAL ADVANCEMENTS AND EXPLORATION OF NEW MATERIALS TO BOOST DEMAND FOR 3D PRINTING IN AEROSPACE & DEFENSE INDUSTRY
                    TABLE 52 3D PRINTING OFFERINGS FOR AEROSPACE INDUSTRY
                    TABLE 53 INDUSTRIAL 3D PRINTING MARKET IN AEROSPACE & DEFENSE INDUSTRY, BY APPLICATION, 2016–2025 (USD MILLION)
                    FIGURE 62 NORTH AMERICA TO HOLD LARGEST SIZE OF INDUSTRIAL 3D PRINTING MARKET FOR AEROSPACE & DEFENSE INDUSTRY IN 2025
                    TABLE 54 INDUSTRIAL 3D PRINTING MARKET IN AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2016–2025 (USD MILLION)
     11.4 FOOD AND CULINARY
             11.4.1 3D-PRINTED FOOD ENABLES TO REINVENT FOOD IN TERMS OF TEXTURE, SHAPE, AND ARTISTIC VISION
                    TABLE 55 LIST OF 3D PRINTERS
                    TABLE 56 INDUSTRIAL 3D PRINTING MARKET FOR FOOD & CULINARY INDUSTRY, BY APPLICATION, 2016–2025 (USD MILLION)
                    TABLE 57 INDUSTRIAL 3D PRINTING MARKET FOR FOOD & CULINARY INDUSTRY, BY REGION, 2016–2025 (USD MILLION)
     11.5 PRINTED ELECTRONICS
             11.5.1 3D PRINTING CAN BE USED IN ELECTRONIC COMPONENTS AND CIRCUITS
             11.5.2 USE CASES
                        11.5.2.1 Nano Dimension and Harris Corporation manufactured 3D-printed circuit board for RF amplifiers
                        11.5.2.2 Optomec is printing antennas using Aerosol Jet technology
                        11.5.2.3 Duke University working on printing electronic components using dual-material FDM technology
                                 TABLE 58 INDUSTRIAL 3D PRINTING MARKET FOR PRINTED ELECTRONICS INDUSTRY, BY APPLICATION, 2016–2025 (USD MILLION)
                                 TABLE 59 INDUSTRIAL 3D PRINTING MARKET FOR PRINTED ELECTRONICS INDUSTRY, BY REGION, 2016–2025 (USD MILLION)
     11.6 FOUNDRY AND FORGING
             11.6.1 INDUSTRIAL 3D PRINTERS ARE USED IN FOUNDRIES FOR MAKING SAND MOLDS
                    TABLE 60 INDUSTRIAL 3D PRINTING MARKET FOR FOUNDRY AND FORGING INDUSTRY, BY APPLICATION, 2016–2025 (USD MILLION)
                    TABLE 61 INDUSTRIAL 3D PRINTING MARKET FOR FOUNDRY AND FORGING INDUSTRY, BY REGION, 2016–2025 (USD MILLION)
     11.7 HEALTHCARE
             11.7.1 INDUSTRIAL 3D PRINTERS USED IN HEALTHCARE ARE MAJORLY FOR MEDICAL PRODUCTS AND DENTISTRY APPLICATIONS
             11.7.2 USE CASES
                        11.7.2.1 Materialise made clavicle reconstruction possible with 3D printing
                        11.7.2.2 DenMat uses auto-stacking feature of NextDent 5100 digital dental solution to increase its production of orthodontic models by up to 4 times
                        11.7.2.3 Adoption of 3D printing technology enabled Hettich to improve cost-efficiency of its series production
                                 TABLE 62 INDUSTRIAL 3D PRINTING MARKET FOR HEALTHCARE INDUSTRY, BY APPLICATION, 2016–2025 (USD MILLION)
                                 TABLE 63 INDUSTRIAL 3D PRINTING MARKET FOR HEALTHCARE INDUSTRY, BY REGION, 2016–2025 (USD MILLION)
     11.8 JEWELRY
             11.8.1 3D PRINTERS PROVIDE QUALITY JEWELRY WITH UNIQUENESS, PRECISION, AND ATTENTION
                    TABLE 64 SOME PROMINENT 3D PRINTERS DESIGNED FOR JEWELRY INDUSTRY
                    TABLE 65 INDUSTRIAL 3D PRINTING MARKET FOR JEWELRY INDUSTRY, BY APPLICATION, 2016–2025 (USD MILLION)
                    TABLE 66 INDUSTRIAL 3D PRINTING MARKET FOR JEWELRY INDUSTRY, BY REGION, 2016–2025 (USD MILLION)
     11.9 OIL & GAS
             11.9.1 3D PRINTERS ENABLE FASTER MANUFACTURING OF SPARE PARTS
             11.9.2 RECENT DEVELOPMENTS IN 3D PRINTING FOR OIL AND GAS
                    TABLE 67 INDUSTRIAL 3D PRINTING MARKET FOR OIL & GAS INDUSTRY, BY APPLICATION, 2016–2025 (USD MILLION)
                    TABLE 68 INDUSTRIAL 3D PRINTING MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2016–2025 (USD MILLION)
     11.10 CONSUMER GOODS
             11.10.1 3D PRINTERS HELP IMPROVE LOOK AND FEEL OF CONSUMER GOODS
             11.10.2 USE CASES
                        11.10.2.1 Reynolds offers 3D-printed bicycle frames
                        11.10.2.2 Chanel provides 3D-printed mascara brush
                        11.10.2.3 Formlabs and Gillette created customized 3D-printed razor handles
                        11.10.2.4 Carbon and Adidas announced partnership to manufacture 3D-printed midsoles of shoes
                        11.10.2.5 Wiivv and Dr. Scholl’s launched customized 3D-printed insoles
                        11.10.2.6 MOREL and INITIAL introduced glasses with 3D-printed frames
                                  TABLE 69 INDUSTRIAL 3D PRINTING MARKET FOR CONSUMER GOODS INDUSTRY, BY APPLICATION, 2016–2025 (USD MILLION)
                                  TABLE 70 INDUSTRIAL 3D PRINTING MARKET FOR CONSUMER GOODS INDUSTRY, BY REGION, 2016–2025 (USD MILLION)
     11.11 OTHERS
           TABLE 71 INDUSTRIAL 3D PRINTING MARKET FOR OTHER INDUSTRIES, BY APPLICATION, 2016–2025 (USD MILLION)
           TABLE 72 INDUSTRIAL 3D PRINTING MARKET FOR OTHER INDUSTRIES, BY REGION, 2016–2025 (USD MILLION)
     11.12 IMPACT COVID-19 PANDEMIC ON 3D PRINTING MARKET FOR AEROSPACE & DEFENSE INDUSTRY
           FIGURE 63 COVID-19 IMPACT ON 3D PRINTING MARKET FOR AEROSPACE & DEFENSE INDUSTRY

12 INDUSTRIAL 3D PRINTING MARKET, BY REGION (Page No. - 160)
     12.1 INTRODUCTION
          FIGURE 64 NORTH AMERICA TO HOLD LARGEST SIZE OF INDUSTRIAL 3D PRINTING MARKET, BY REGION, IN 2025
          TABLE 73 INDUSTRIAL 3D PRINTING MARKET, BY REGION, 2016–2025 (USD MILLION)
     12.2 NORTH AMERICA
          FIGURE 65 NORTH AMERICA: INDUSTRIAL 3D PRINTING MARKET SNAPSHOT
          FIGURE 66 US TO LEAD NORTH AMERICAN INDUSTRIAL 3D PRINTING MARKET THROUGHOUT FORECAST PERIOD
          TABLE 74 INDUSTRIAL 3D PRINTING MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2025 (USD MILLION)
          TABLE 75 INDUSTRIAL 3D PRINTING MARKET IN NORTH AMERICA, BY INDUSTRY, 2016–2025 (USD MILLION)
          TABLE 76 INDUSTRIAL 3D PRINTING MARKET IN NORTH AMERICA, BY OFFERING, 2016–2025 (USD MILLION)
             12.2.1 US
                        12.2.1.1 Presence of key market players creates significant opportunities
                                 TABLE 77 INDUSTRIAL 3D PRINTING MARKET IN US, BY INDUSTRY, 2016–2025 (USD MILLION)
             12.2.2 CANADA
                        12.2.2.1 Network of private, public, academic, and nonprofit entities dedicated to promoting adoption and development of 3D printing
                                 TABLE 78 INDUSTRIAL 3D PRINTING MARKET IN CANADA, BY INDUSTRY, 2016–2025 (USD MILLION)
             12.2.3 MEXICO
                        12.2.3.1 Aerospace and automotive to be most significant contributors to growth of Mexican market
                                 TABLE 79 INDUSTRIAL 3D PRINTING MARKET IN MEXICO, BY INDUSTRY, 2016–2025 (USD MILLION)
     12.3 EUROPE
          FIGURE 67 EUROPE: INDUSTRIAL 3D PRINTING MARKET SNAPSHOT
          FIGURE 68 GERMANY TO LEAD EUROPEAN INDUSTRIAL 3D PRINTING MARKET FROM 2020 TO 2025
          TABLE 80 INDUSTRIAL 3D PRINTING MARKET IN EUROPE, BY COUNTRY, 2016–2025 (USD MILLION)
          TABLE 81 INDUSTRIAL 3D PRINTING MARKET IN EUROPE, BY INDUSTRY, 2016–2025 (USD MILLION)
          TABLE 82 INDUSTRIAL 3D PRINTING MARKET IN EUROPE, BY OFFERING, 2016–2025 (USD MILLION)
             12.3.1 GERMANY
                        12.3.1.1 Adoption of industrial 3D printing offerings in automotive to spur market growth
                                 TABLE 83 INDUSTRIAL 3D PRINTING MARKET IN GERMANY, BY INDUSTRY, 2016–2025 (USD MILLION)
             12.3.2 UK
                        12.3.2.1 Implementation of industrial 3D printing products in automotive applications to spur market growth
                                 TABLE 84 INDUSTRIAL 3D PRINTING MARKET IN UK, BY INDUSTRY, 2016–2025 (USD MILLION)
             12.3.3 FRANCE
                        12.3.3.1 Utilization of industrial 3D printing technology in aerospace sector to boost market growth
                                 TABLE 85 INDUSTRIAL 3D PRINTING MARKET IN FRANCE, BY INDUSTRY, 2016–2025 (USD MILLION)
             12.3.4 ITALY
                        12.3.4.1 Use of industrial 3D printing in aerospace, healthcare, and consumer goods to propel market growth
                                 TABLE 86 INDUSTRIAL 3D PRINTING MARKET IN ITALY, BY INDUSTRY, 2016–2025 (USD MILLION)
             12.3.5 SPAIN
                        12.3.5.1 Government support and investments from private companies to develop 3D-printed products to fuel market growth
                                 TABLE 87 INDUSTRIAL 3D PRINTING MARKET IN SPAIN, BY INDUSTRY, 2016–2025 (USD MILLION)
             12.3.6 REST OF EUROPE
                    TABLE 88 INDUSTRIAL 3D PRINTING MARKET IN REST OF EUROPE, BY INDUSTRY, 2016–2025 (USD MILLION)
     12.4 APAC
          FIGURE 69 APAC: INDUSTRIAL 3D PRINTING MARKET SNAPSHOT
          FIGURE 70 CHINA TO DOMINATE INDUSTRIAL 3D PRINTING MARKET IN APAC DURING FORECAST PERIOD
          TABLE 89 INDUSTRIAL 3D PRINTING MARKET IN APAC, BY COUNTRY, 2016–2025 (USD MILLION)
          TABLE 90 INDUSTRIAL 3D PRINTING MARKET IN APAC, BY INDUSTRY, 2016–2025 (USD MILLION)
          TABLE 91 INDUSTRIAL 3D PRINTING MARKET IN APAC, BY OFFERING, 2016–2025 (USD MILLION)
             12.4.1 CHINA
                        12.4.1.1 Higher investments, government initiatives, and presence of global players to drive market
                                 TABLE 92 INDUSTRIAL 3D PRINTING MARKET IN CHINA, BY INDUSTRY, 2016–2025 (USD MILLION)
             12.4.2 JAPAN
                        12.4.2.1 Strong government support and investments from private companies in 3D printing technologies to foster market growth
                                 TABLE 93 INDUSTRIAL 3D PRINTING MARKET IN JAPAN, BY INDUSTRY, 2016–2025 (USD MILLION)
             12.4.3 SOUTH KOREA
                        12.4.3.1 High adoption of 3D printing in automotive and healthcare industries to boost market growth
                                 TABLE 94 INDUSTRIAL 3D PRINTING MARKET IN SOUTH KOREA, BY INDUSTRY, 2016–2025 (USD MILLION)
             12.4.4 INDIA
                        12.4.4.1 Significant growth to be expected in near future since 3D printing is at developing phase
                                 TABLE 95 INDUSTRIAL 3D PRINTING MARKET IN INDIA, BY INDUSTRY, 2016–2025 (USD MILLION)
             12.4.5 REST OF APAC
                    TABLE 96 INDUSTRIAL 3D PRINTING MARKET IN REST OF APAC, BY INDUSTRY, 2016–2025 (USD MILLION)
     12.5 REST OF THE WORLD
          FIGURE 71 SOUTH AMERICA TO HOLD LARGEST SHARE OF INDUSTRIAL 3D PRINTING MARKET IN ROW
          TABLE 97 INDUSTRIAL 3D PRINTING MARKET IN ROW, BY REGION, 2016–2025 (USD MILLION)
          TABLE 98 INDUSTRIAL 3D PRINTING MARKET IN ROW, BY INDUSTRY, 2016–2025 (USD MILLION)
          TABLE 99 INDUSTRIAL 3D PRINTING MARKET IN ROW, BY OFFERING, 2016–2025 (USD MILLION)
             12.5.1 MIDDLE EAST & AFRICA
                        12.5.1.1 Recent developments and investments in 3D printing from public sector to spur market growth
                                 TABLE 100 INDUSTRIAL 3D PRINTING MARKET IN MIDDLE EAST & AFRICA, BY INDUSTRY, 2016–2025 (USD MILLION)
             12.5.2 SOUTH AMERICA
                        12.5.2.1 Stable growth of South American market with region being major supplier of titanium ores
                                 TABLE 101 INDUSTRIAL 3D PRINTING MARKET IN SOUTH AMERICA, BY INDUSTRY, 2016–2025 (USD MILLION)
     12.6 IMPACT OF COVID-19 ON NORTH AMERICA
          FIGURE 72 COVID-19 IMPACT ON NORTH AMERICA

13 COMPETITIVE LANDSCAPE (Page No. - 191)
     13.1 OVERVIEW
          FIGURE 73 ORGANIC AND INORGANIC STRATEGIES ADOPTED BY COMPANIES OPERATING IN INDUSTRIAL 3D MARKET
     13.2 MARKET RANKING ANALYSIS
          FIGURE 74 MARKET PLAYER RANKING, 2019
          FIGURE 75 MARKET LEADERS AND MARKET SHARE ANALYSIS, 2019
     13.3 PRODUCT LAUNCHES
          TABLE 102 PRODUCT LAUNCHES, 2019–2020
     13.4 AGREEMENTS, COLLABORATIONS, AND PARTNERSHIPS
          TABLE 103 AGREEMENTS, COLLABORATIONS, AND PARTNERSHIPS, 2019–2020
     13.5 ACQUISITIONS
          TABLE 104 ACQUISITIONS, 2019
     13.6 EXPANSIONS
          TABLE 105 EXPANSIONS, 2019–2020
     13.7 COMPETITIVE LEADERSHIP MAPPING
             13.7.1 STAR
             13.7.2 EMERGING LEADERS
             13.7.3 PERVASIVE
             13.7.4 PARTICIPANT
                    FIGURE 76 INDUSTRIAL 3D (GLOBAL) COMPETITIVE LEADERSHIP MAPPING
     13.8 STRENGTH OF PRODUCT PORTFOLIO (FOR 30 COMPANIES)
          FIGURE 77 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN INDUSTRIAL 3D PRINTING MARKET
     13.9 BUSINESS STRATEGY EXCELLENCE (FOR 30 COMPANIES)
          FIGURE 78 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN INDUSTRIAL 3D PRINTING MARKET
     13.10 STARTUP/SME EVALUATION MATRIX, 2020
             13.10.1 PROGRESSIVE COMPANIES
             13.10.2 RESPONSIVE COMPANIES
             13.10.3 DYNAMIC COMPANIES
             13.10.4 STARTING BLOCKS
                     FIGURE 79 INDUSTRIAL 3D PRINTING (GLOBAL) START-UP/SME MATRIX MAPPING

14 COMPANY PROFILES (Page No. - 203)
     14.1 KEY PLAYERS
(Business Overview, Products/Solutions/Services offered, Recent Developments, SWOT Analysis, and MnM View)*
             14.1.1 STRATASYS LTD.
                    FIGURE 80 STRATASYS: COMPANY SNAPSHOT
             14.1.2 3D SYSTEMS
                    FIGURE 81 3D SYSTEMS: COMPANY SNAPSHOT
             14.1.3 MATERIALISE NV
                    FIGURE 82 MATERIALISE NV: COMPANY SNAPSHOT
             14.1.4 EOS GMBH
             14.1.5 GE ADDITIVE
             14.1.6 THE EXONE COMPANY
                    FIGURE 83 EXONE: COMPANY SNAPSHOT
             14.1.7 VOXELJET AG
                    FIGURE 84 VOXELJET AG: COMPANY SNAPSHOT
             14.1.8 SLM SOLUTIONS
                    FIGURE 85 SLM SOLUTIONS: COMPANY SNAPSHOT
             14.1.9 ENVISIONTEC GMBH
             14.1.10 HP
                     FIGURE 86 HP: COMPANY SNAPSHOT
* Business Overview, Products/Solutions/Services offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.
     14.2 OTHER KEY PLAYERS
             14.2.1 OPTOMEC
             14.2.2 GROUPE GORGΙ
             14.2.3 RENISHAW
             14.2.4 HΦGANΔS AB
             14.2.5 KONINKLIJKE DSM N.V.
             14.2.6 PROTOLABS
             14.2.7 SCULPTEO
             14.2.8 ULTIMAKER
             14.2.9 BEIJING TIERTIME TECHNOLOGY CO. LTD.
     14.3 START-UP ECOSYSTEM
             14.3.1 DESKTOP METAL
             14.3.2 CARBON
             14.3.3 MARKFORGED
             14.3.4 NANO DIMENSION
             14.3.5 EVOLVE ADDITIVE SOLUTIONS
             14.3.6 XYZPRINTING

15 APPENDIX (Page No. - 260)
     15.1 DISCUSSION GUIDE
     15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     15.3 AVAILABLE CUSTOMIZATIONS
     15.4 RELATED REPORTS
     15.5 AUTHOR DETAILS

The study involved the estimation of the size of the industrial 3D market. Exhaustive secondary research was carried out to collect information on the market, its peer markets, and its parent market. Both top-down and bottom-up approaches were employed to estimate the overall size of the industrial 3D printing market. The market breakdown and data triangulation methods were used to estimate the size of different segments and subsegments of the market.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Factiva were referred to identify and collect information for this study on the industrial 3D printing market. These secondary sources included industrial 3D printing organizations such as the The secondary research also involved the collection of data from various organizations, such as the European Association of the Machine Tool Industries (CECIMO), the National Additive Manufacturing Association (NAMA), the Association for Metal Additive Manufacturing's (AMAM), the Additive Manufacturer Green Trade Association (AMGTA), the Additive Manufacturing Society of India (AMSI), Hong Kong 3D Printing Association, the Australian 3D Manufacturing Association (A3DMA), and the World 3D Printing Technology Industry Alliance; corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and 3D printing  associations, white papers, certified publications, articles by recognized authors, gold-standard and silver-standard websites, regulatory bodies, trade directories, and databases.

Primary Research

In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information about the market. Primary sources from the supply side include various industry experts, such as chief experience officers (CXOs); vice presidents (VPs); directors from business development, marketing, product development/innovation teams; and key executives from major players in the industrial 3D printing market; industry associations; distributors; and key opinion leaders. Extensive primary research was conducted after acquiring an understanding of the prevailing scenario of the industrial 3D printing market through secondary research. Several primary interviews were conducted with the market experts from demand side (OEM) and supply side (manufacturers and distributors of industrial 3D printing offerings) players across 4 major regions—North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). RoW includes South America, the Middle East, and Africa. Various primary sources from both supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The breakdown of primary respondents is as follows:

Industrial 3D Printing Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the overall size of the industrial 3D printing  market. These approaches were also used to determine the size of various segments and subsegments of the market. The research methodology used to estimate the market size is as follows:

  • Key players in the industrial 3D printing and markets were identified through extensive secondary research.
  • The supply chain of the industrial 3D printing was identified and the market size, in terms of value, determined through primary and secondary research processes.
  • Players offering various types of industrial 3D printing offerings were considered, their revenues were analyzed to arrive at the global numbers.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market was split into several segments and subsegments. Data triangulation and market breakdown procedures were employed, wherever applicable, to complete the entire market engineering process and arrive at the exact statistics of each market segment and subsegment. The data was triangulated by studying various factors and trends from both demand and supply sides in the industrial 3D printing market.

Report Objectives

  • To estimate and forecast the size of the industrial 3D printing market based on offering, process technology, application, industry, and region, in terms of value
  • To estimate and forecast the size of the market in North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW), in terms of value
  • To provide detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the industrial 3D printing market
  • To strategically analyze micromarkets1 with respect to individual growth trends, future market prospects, and contributions to the total market
  • To strategically profile key players and comprehensively analyze their market ranking in 2019 according to their revenues and core competencies2, along with a detailed competitive landscape of the market
  • To analyze competitive developments such as product launches, partnerships, collaborations, acquisitions, and expansions in the industrial 3D printing market
  • To benchmark players within the market using the proprietary competitive leadership mapping framework, which analyzes the market players on various parameters within broad categories of business and product strategies

1. Micromarkets are defined as the further segments and subsegments of the industrial 3D printing market included in the report.
2. The core competencies of the companies are captured in terms of their key developments and key strategies adopted by them to sustain their position in the industrial 3D printing market.

Available customizations:

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COVID-19

Get in-depth analysis of the COVID-19 impact on the Industrial 3D Printing Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Industrial 3D Printing Market

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Report Code
SE 4293
Published ON
Oct, 2020
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