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Worldwide 3D Printing Industry to 2028: Substantial 3D Printing Market Growth Anticipated Outside Traditional Manufacturing such as the Medical Device MarketDUBLIN, March 2, 2023 /PRNewswire/ -- The "3D Printing Market by Printer Type, Materials, Software, Applications, Services and Solutions in Industry Verticals 2023 - 2028" report has been added to ResearchAndMarkets.com's offering. This report provides a multi-dimensional analysis of the 3D printing market including hardware manufacturers, service providers, application providers, software providers, raw material providers, and communities. The report also assesses the market impact of intellectual property, different technologies and strategies, raw material supplies, and other key factors across industry verticals globally and regionally including forecasts for 2023 to 2028. This report also evaluates companies involved in the 3D printing solutions value chain. For example, HP's MJF technology is a powder-based 3D printing technology that does not rely upon lasers. MFJ uses fine-grained materials, allowing for layers as thin as 80 microns. Thin printed layers have higher density and lower porosity, leading to smooth surfaces right out of the printer. Applications of MFJ 3D printing include prototypes for form, fit, and function testing. Select Report Findings:
Applications and services facilitated by 3D Printing include prototyping, printing spare parts, and producing finished goods across many industry verticals including manufacturing, healthcare, electronics, consumer goods, automotive, aerospace, and many more. Key verticals that we see for the 3D printing market include:
Robotic automation is advancing 3D printing applications beyond conventional manufacturing to encompass the delivery of products and assets where and when they are needed. For example, specialized robotics are enabling innovative structure construction such as buildings, bridges, and other physical infrastructure. An example of one company that is leveraging the combination of robotics and 3D printing is Aectual. The company's 3D printing system incorporates a robotic arm with six degrees of directional freedom and the ability to move freely between these axes. With a range of 360 degrees, Aectual can print across an area of 500 sq. ft, allowing for the creation of large-scale objects and massive single prints. The company claims that their design to delivery process reduces the cost of custom-made architectural projects by up to 50%. Aectual produces prefabricated decorative pieces as well as specialized customer designs at a higher cost. In the healthcare arena, 3D-printed prosthetics is facilitating significantly faster design and delivery for amputee solutions as well as prototyping and try-before-you-buy for patients. 3D custom implants provide efficient and substantially more expeditious delivery of bone replacement material for cancer patients. In fact, the publisher sees 3D printing in the healthcare market rapidly moving to mainstream adoption and usage by 2024 within certain niche medical care supply vendor markets. In the aeronautics arena, a company named Relativity raised about $1.2 billion backed by Fidelity, BlackRock, and other leading investment firms. The company has plans to 3D print almost every single component of its 200-foot-tall orbital rockets. Other rocket factories use 3D printers to quickly draft up certain components, but most components are brought in from suppliers via a complex supply chain. At Relativity, the rocket parts are almost entirely constructed by one-armed robots. Because roughly ninety percent of its rockets are 3D-printed, the company says that its rockets can use less than one thousand parts whee traditional vehicles use 100 times that many. In the enterprise and industrial arena, the fabrication, integration, and control of virtually any product is increasingly becoming digitized. This trend is accelerating as evidenced by recent surveys indicating that 3D Printing and other forms of additive manufacturing will have a positive impact, increase creativity, and dramatically improve time to market, especially for certain goods and services. 3D printing communities of interest (such as those entities that use 3D printers and related tools including the use of more plugins or online apps) will move beyond mere integrated 3D printing networks to become a larger scale ecosystem. This is anticipated to be a fully integrated 3D ecosystem including 3D design, modelling and simulations, prototyping, and fabrication. This is driven in part by lower-cost communications infrastructure and services as well as the availability and adoption of tools to support 3D including immersive tech and IoT solutions. The publisher sees an emerging producer-consumers (e.g. "prosumer") marketplace emerging for 3D printing in which everyday consumers engage in at least one part of the evolving connected manufacturing industry. Some trivial examples exist today such as Hero Forge, a company that provides tools for consumers to construct their own uniquely customizable fantasy roleplaying figures. The analyst anticipates that the ability for self-help design and manufacturing with this prosumer model will become commonplace for many durable goods, causing disintermediation throughout supply chains, most notably with traditional manufacturers and retail outlets. Companies in Report:
Key Topics Covered: 1 Executive Summary 2 Introduction to 3D Printing 3 3D Printing Technology and Market Analysis 4 3D Printing Ecosystem and Value Chain Analysis 5 3D Printing Applications, Use Cases, and Market 6 3D Printing Company Analysis 7 3D Printing Market Analysis and Forecasts 2023 - 2028 8 North America 3D Printing Forecast 2023 - 2028 9 South America 3D Printing Forecast 2023 - 2028 10 Europe 3D Printing Forecast 2023 - 2028 11 APAC 3D Printing Forecast 2023 - 2028 12 MEA 3D Printing Forecast 2023 - 2028 13 Conclusions and Recommendations For more information about this report visit https://www.researchandmarkets.com/r/1uus4m-printing?w=5 About ResearchAndMarkets.com Media Contact: Research and Markets Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg SOURCE Research and Markets |