Global Market Outlook on 3D Printing

Industries adopting 3DP and  their applications

  • Aerospace, defense, and construction are the early adopters of this technology and are growing at an average CAGR of 15–25 percent
  • Fashion and energy are the emerging industries that adopted this technology and are growing at an average CAGR of 25–35 percent. This growth is predominantly driven by the mass customization that 3DP offers
  • 3D printers are already used in limited quantities for rapid prototyping and direct part manufacturing in the consumer electronics, medical devices, and aerospace sectors
  • Apart from that 3DP is used to make functional and presentation models, pattern making on casting, and preparing new designs
  • Direct part production and functional models are the most common applications across the industries adopting 3DP

3DP Major Technology Overview

 FDM

  • Use of a thin, plastic-based filament, which is heated and extruded through a print head
  • FDM is also know as material extrusion or FFF or PJP
  • It is the least expensive technology

SLA

  • Building object layers from a liquid polymer resin using ultraviolet light to cure or harden the material
  • SLA is also knows as vat polymerization, vat photo polymerization
  • It was invented first

SLS

  • Uses a laser to form three-dimensional shapes from a powder material (including metal, ceramic, and plastic)
  • SLS is also known as powder bed fusion and EBM
  • It is the most expensive technology

Supply Market Overview

Supply market in the 3DP industry is of four types:

  • 3D printer manufacturers: Company, which supplies 3D printers and associated maintenance services. These companies do not offer outsourcing printing services
  • 3D manufacturing systems and service providers: These companies offers printing services along with the 3D systems
  • Service providers: These suppliers offer only printing services, i.e., contract manufacturers
  • CAD, 3D modeling, and design platforms providers: These companies offers tools, software packages, which help in creating, editing, and sharing CAD files

Industries Adopting 3DP and Growth Rates

  • Aerospace, defense, and industrial construction are the early adapters of this technology
  • Jewelry and fashion industries are growing at the greater pace, due to huge customization requirements
  • Prosthetics and implants are driving the demand in the medical and healthcare industry. Bio-printing is its field of research
  • Development in metal additive manufacturing is the prime reason of the growth in aerospace and defense industry
  • The automotive industry is still using this technology for the prototyping only
  • 3DP is predominantly used for direct part production, to make functional and presentation models