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3D printing is on its way to becoming the ubiquitous solution for prototyping. 3D printing enables companies to make prototypes without tooling, thereby helping companies to get customer feedback faster and better. This has not only cut short the time to develop prototypes in a cost effective way but has also allowed companies to test different configurations in order to determine customers preference, thus reducing product-launch risk and time to market. The report presents a detailed market analysis of 3D printing and Additive Manufacturing by incorporating complete pricing and cost analysis of 3D printers and materials. Besides porter’s and PESTLE analysis of the market have also been done. The report deals with all the driving factors, restraints, and opportunities with respect to the 3D printing and Additive Manufacturing market, which are helpful in identifying trends and key success factors for the industry. Lastly, the current market landscape is covered with detailed competitive landscape and company profiles of all key players across the ecosystem. The report also formulates the entire value chain of the market, along with industry trends of 3D printing application industries and materials used with emphasis on market timelines & technology road-maps.
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3D PRINTING MATERIAL
(ABS, PLA, Photopolymer, Ceramics etc.), TECHNOLOGY, APPLICATION (Medical, Aerospace & Defense,
Automotive & Others) Region (North America, Europe, APAC and Others) Market
— A Global Study (2014-2022)
BIS Research 2
3D Printing Material (ABS, PLA, Photopolymer, Ceramics etc.), Technology, Application Market
— A Global Study (2014-2022)
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3D PRINTING MATERIAL (ABS, PLA, Photopolymer, Ceramics etc.), TECHNOLOGY, APPLICATION (Medical, Aerospace & Defense, Automotive & Others) MARKET
— A Global Study (2014-2022)
BIS Research 3
3D Printing Material (ABS, PLA, Photopolymer, Ceramics etc.), Technology, Application Market
— A Global Study (2014-2022)
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY ....................................................................................... 19
2 REPORT SCOPE ..................................................................................................... 24
2.1 SCOPE OF THE STUDY ............................................................... 24
2.2 3D PRINTING REPORT COVERAGE ............................................ 24
2.3 RESEARCH METHODOLOGY ....................................................... 26
3 MARKET OVERVIEW ........................................................................................... 31
3.1 INTRODUCTION ........................................................................ 31
3.2 MARKET DYNAMICS .................................................................. 31
3.2.1 MARKET DRIVERS .......................................................... 31
3.2.1.1 Reduction in Turnaround Time & Accelerated Product Development Cycles .................................................. 33
3.2.1.2 Decreasing Price of Consumer/Personal Printers ............. 33
3.2.1.3 Improving Quality of Professional & Industrial
Printers (both in process and material) ......................... 34
3.2.1.4 Mass Customization & Personalization........................... 35
3.2.1.5 Country Specific Push Factors (Government support & funding, Localization & Environmental Impact) ........... 35
3.2.1.6 Industry Specific Adoption & More Acceptable Use
Cases ...................................................................... 36
3.2.1.7 New Emerging Business Models ................................... 36
3.2.1.8 Environmental & Economical Dynamics ......................... 37
3.2.2 MARKET CHALLANGES .................................................... 37
3.2.2.1 Material & Quality ...................................................... 38
3.2.2.2 Design Ergonomics .................................................... 38
3.2.2.3 Social Factors ........................................................... 38
3.2.2.4 Intellectual Property Right (IPR) Issues ........................ 39
3.2.2.5 Costs ....................................................................... 39
3.3 MARKET STATISTICS ................................................................ 39
BIS Research 4
3D Printing Material (ABS, PLA, Photopolymer, Ceramics etc.), Technology, Application Market
— A Global Study (2014-2022)
4 TECHNOLOGY MARKET ..................................................................................... 42
4.1 INTRODUCTION ........................................................................ 43
4.2 MATERIAL EXTRUSION ............................................................. 44
4.2.1 FUSED DEPOSITION MODELING (FDM) ........................... 44
4.3 POWDER BED FUSION ............................................................... 46
4.3.1 ELECTRON BEAM MELTING ............................................. 47
4.3.2 SELECTIVE LASER MELTING (SLM) ................................. 48
4.3.3 SELECTIVE HEAT SINTERING (SHS) ............................... 49
4.3.4 SELECTIVE LASER SINTERING (SLS) .............................. 49
4.3.4.1 Direct Metal Laser Sintering (DMLS) ............................. 50
4.4 SHEET LAMINATION ................................................................. 52
4.4.1 LAMINATED OBJECT MANUFACTURING (LOM) ................ 52
4.5 VAT PHOTO POLYMERIZATION ................................................. 53
4.5.1 STEREOLITHOGRAPHY (SLA) .......................................... 53
4.5.2 DIGITAL LIGHT PROCESSING ......................................... 54
4.6 BINDER JETTING ...................................................................... 55
4.6.1 3D PRINTING (3DP) ....................................................... 55
4.6.2 ELECTRON BEAM FREEDOM FABRICATION (EBF3) .......... 55
5 MATERIALS MARKET .......................................................................................... 57
5.1 INTRODUCTION ........................................................................ 58
5.2 METAL & METAL ALLOYS ........................................................... 60
5.2.1 MARKET STATISTICS ...................................................... 62
5.3 PLASTIC .................................................................................... 63
5.3.1 ACRYLONITRILE BUTADIENE STYRENE (ABS) ................. 64
5.3.2 POLYLACTIC ACID (PLA) ................................................ 65
5.4 PHOTOPOLYMER ....................................................................... 67
5.4.1 MARKET STATISTICS ...................................................... 68
5.5 OTHERS .................................................................................... 69
5.5.1 CERAMICS ...................................................................... 69
5.5.2 NYLON ........................................................................... 70
5.5.3 PAPER ............................................................................ 71
5.5.4 WAX............................................................................... 72
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3D Printing Material (ABS, PLA, Photopolymer, Ceramics etc.), Technology, Application Market
— A Global Study (2014-2022)
6 APPLICATIONS MARKET ................................................................................... 74
6.1 INTRODUCTION ........................................................................ 75
6.2 AEROSPACE & DEFENSE MARKET .............................................. 77
6.2.1 MARKET STATISTICS ...................................................... 79
6.2.1.1 Prototype Market ....................................................... 79
6.2.1.2 Demonstration Units Market ........................................ 80
6.2.1.3 Small Volume Production Market .................................. 80
6.2.1.4 Other Market ............................................................ 80
6.3 ARCHITECTURE & CONSTRUCTION MARKET ............................. 81
6.3.1 MARKET STATISTICS ...................................................... 82
6.4 AUTOMOTIVE MARKET .............................................................. 83
6.4.1 MARKET STATISTICS ...................................................... 84
6.4.1.1 Concept Car Market ................................................... 84
6.4.1.2 Small Custom Parts Prototype Market .......................... 85
6.4.1.3 Tooling & Low Volume End Use Part Market ................... 85
6.4.1.4 Other Market ............................................................ 85
6.5 CONSUMER LIFESTYLE PRODUCTS & ELECTRONICS
MARKET .................................................................................... 86
6.5.1 CONSUMER LIFESTYLE PRODUCTS MARKET .................... 87
6.5.1.1 Entertainment & Sports Market .................................... 87
6.5.1.2 Fashion & Jewelry and Aesthetics Market ...................... 88
6.5.2 ELECTRONICS MARKET ................................................... 88
6.6 EDUCATION & RESEARCH MARKET ........................................... 89
6.7 HEALTHCARE MARKET............................................................... 91
6.7.1 PROSTHETICS MARKET................................................... 92
6.7.2 HUMAN TISSUES MARKET .............................................. 92
6.7.3 MEDICAL DEVICES MARKET ............................................ 93
6.7.3.1 Dental Implants Market: Bridges & Crowns ................... 93
6.7.3.2 Hearing Aids Market ................................................... 93
6.7.3.3 Orthopedic implants Market ........................................ 93
6.8 INDUSTRIAL & OTHER APPLICATION MARKET.......................... 94
7 GEOGRAPHIC ANALYSIS ..................................................................................... 96
7.1 INTRODUCTION ........................................................................ 97
BIS Research 6
3D Printing Material (ABS, PLA, Photopolymer, Ceramics etc.), Technology, Application Market
— A Global Study (2014-2022)
7.2 NORTH AMERICA .................................................................... 102
7.2.1 U.S. .............................................................................. 102
7.2.2 CANADA ....................................................................... 104
7.3 EUROPE .................................................................................. 106
7.3.1 GERMANY ..................................................................... 107
7.3.2 U.K............................................................................... 107
7.3.3 ITALY ........................................................................... 108
7.4 APAC ....................................................................................... 108
7.4.1 CHINA .......................................................................... 109
7.4.2 JAPAN .......................................................................... 110
7.4.3 AUSTRALIA .................................................................. 111
7.4.4 SOUTH KOREA .............................................................. 112
7.5 OTHERS .................................................................................. 114
7.5.1 INDIA .......................................................................... 115
7.5.2 SOUTH AFRICA ............................................................. 115
7.5.3 BRAZIL ........................................................................ 116
8 INDUSTRIAL ANALYSIS ....................................................................................117
8.1 PORTER’S FIVE FORCES ANALYSIS ......................................... 117
8.1.1 THREAT FROM NEW ENTRANTS .................................... 117
8.1.2 SUPPLIER’S BARGAINING POWER ................................ 119
8.1.3 BUYER’S BARGAINING POWER ..................................... 120
8.1.4 DEGREE OF COMPETITION ........................................... 121
8.1.5 THREAT FROM SUBSTITUTES ........................................ 122
8.2 ANALYSIS SUMMARY .............................................................. 123
9 COMPETITIVE LANDSCAPE .............................................................................125
9.1 MARKET ENTROPY .................................................................. 126
9.1.1 BUSINESS EXPANSION & CONTRACT ............................ 126
9.1.2 EVENT .......................................................................... 128
9.1.3 PRODUCT DEVELOPMENT ............................................. 129
9.1.4 MERGER & ACQUISITION ............................................. 131
9.1.5 JOINT VENTURE, PARTNERSHIP & COLLABORATION .... 132
BIS Research 7
3D Printing Material (ABS, PLA, Photopolymer, Ceramics etc.), Technology, Application Market
— A Global Study (2014-2022)
9.2 COMPETITIVE BENCHMARKING .............................................. 133
9.2.1 CLUSTER 1 ................................................................... 134
9.2.2 CLUSTER 2 ................................................................... 135
9.2.3 CLUSTER 3 ................................................................... 136
10 COMPANY PROFILES ( COMPANY SNAPSHOT, OFFERING
OVERVIEW, FINANCIAL, STRATEGIC DEVELOPMENTS AND
ANALYST INSIGHTS) .........................................................................................138
10.1 3D SYSTEMS ........................................................................... 138
10.2 3T RPD LTD. ............................................................................ 144
10.3 ARCAM AB ............................................................................... 147
10.4 BIOMEDICAL MODELING INC .................................................. 152
10.5 CERADROP MGI GROUP .......................................................... 155
10.6 CONCEPT LASER ..................................................................... 157
10.7 DASSAULT SYSTÈMES ............................................................. 160
10.8 KONINKLIJKE DSM NV ............................................................ 165
10.9 ENVISIONTEC ......................................................................... 171
10.10 EOS GMBH ELECTRO OPTICAL SYSTEMS ................................. 174
10.11 EXONE .................................................................................... 177
10.12 GPI PROTOTYPE & MANUFACTURING SERVICES, INC. ............ 181
10.13 HOGANAS AB .......................................................................... 184
10.14 LAYERWISE NV ....................................................................... 190
10.15 LUXEXCEL GROUP B.V. ............................................................ 192
10.16 MCOR TECHNOLOGIES LTD. .................................................... 195
10.17 MEDICAL MODELING ............................................................... 199
10.18 MICROTEC GESELLSCHAFT FÜR MIKROTECHNOLOGIE MBH .... 202
10.19 OPTOMEC ................................................................................ 205
10.20 ORGANOVO HOLDINGS ........................................................... 210
10.21 RENISHAW, PLC ...................................................................... 213
10.22 STRATASYS ............................................................................. 218
10.23 SLM SOLUTIONS GMBH ........................................................... 225
10.24 VOXELJET ............................................................................... 228
10.25 ZORTRAX ................................................................................ 232
BIS Research 8
3D Printing Material (ABS, PLA, Photopolymer, Ceramics etc.), Technology, Application Market
— A Global Study (2014-2022)
LIST OF TABLES UU TABLE 1 3D PRINTING MARKET VALUE FOR APPLICATION VERTICALS (2013-
2022) 21
TABLE 2 3D PRINTING/ ADDITIVE MANUFACTURING MARKET VALUE, BY
GEOGRAPHY 22
TABLE 3 COST AND TIME ANALYSIS OF FDM TECHNOLOGY & CNC MACHINING 45
TABLE 4 ADVANTAGES & DISADVANTAGES OF FDM 45
TABLE 5 ADVANTAGES & DISADVANTAGES OF EBM 48
TABLE 6 ADVANTAGES AND DISADVANTAGES OF SLM 49
TABLE 7 ADVANTAGES & DISADVANTAGES OF SLS 50
TABLE 8 ADVANTAGES & DISADVANTAGES OF DMLS 51
TABLE 9 ADVANTAGES & DISADVANTAGES OF LOM 52
TABLE 10 ADVANTAGES & DISADVANTAGES OF SLA 53
TABLE 11 ADVANTAGES & DISADVANTAGES OF DLP 54
TABLE 12 ADVANTAGE & DISADVANTAGE OF 3DP 55
TABLE 13 ADVANTAGES & DISADVANTAGES OF EBF3 56
TABLE 14 3D PRINTING MARKET VALUE FOR MATERIALS (2013-2022) 59
TABLE 15 3D PRINTING MARKET VALUE FOR METAL AND METAL ALLOYS (2013-2022) 62
TABLE 16 3D PRINTING MARKET VALUE FOR PLASTIC (2013-2022) 64
TABLE 17 DIFFERENCE BETWEEN ABS & PLA 66
TABLE 18 3D PRINTING MARKET VALUE FOR PHOTOPOLYMER (2013-2022) 68
TABLE 19 3D PRINTING MARKET VALUE FOR OTHER MATERIAL (2013-2022) 69
TABLE 20 ADVANTAGES & DISADVANTAGES OF NYLON 70
TABLE 21 COST & TIME ANALYSIS OF FDM AND INJECTION MOLDING TECHNIQUE 72
TABLE 22 MATERIAL, TECHNOLOGY, & VENDOR MATRIX 73
TABLE 23 3D PRINTING MARKET VALUE FOR APPLICATION VERTICALS (2013-2022) 76
TABLE 24 3D PRINTING MARKET VALUE FOR AEROSPACE AND DEFENSE APPLICATION VERTICALS (2013-2022) 79
TABLE 25 3D PRINTING MARKET VALUE FOR AUTOMOTIVE APPLICATION
VERTICALS (2013-2022) 84
TABLE 26 3D PRINTING MARKET VALUE FOR HEALTHCARE APPLICATION VERTICALS (2013-2022) 91
BIS Research 9
3D Printing Material (ABS, PLA, Photopolymer, Ceramics etc.), Technology, Application Market
— A Global Study (2014-2022)
TABLE 27 3D PRINTING MARKET VALUE FOR INDUSTRIAL AND OTHER APPLICATION VERTICALS (2013-2022) 94
TABLE 28 NORTH AMERICAN 3D PRINTING/ ADDITIVE MANUFACTURING MARKET VALUE ($ MILLION) -2013 TO 2022 102
TABLE 29 EUROPEAN 3D PRINTING/ ADDITIVE MANUFACTURING MARKET VALUE ($ MILLION) -2013 TO 2022 107
TABLE 30 APAC 3D PRINTING/ ADDITIVE MANUFACTURING MARKET VALUE
($MILLION)-2013 TO 2022 108
TABLE 31 THREAT FROM NEW ENTRANTS 118
TABLE 32 QUANTIFICATION OF SUPPLIER’S BARGAINING POWER 119
TABLE 33 QUANTIFICATION OF BUYER’S BARGAINING POWER 120
TABLE 34 QUANTIFICATION OF DEGREE OF COMPETITION 121
TABLE 35 QUANTIFICATION OF THREAT FROM SUBSTITUTES 122
TABLE 36 CLUSTER 1 COMPANIES ACTIVITY SNAPSHOT 134
TABLE 37 CLUSTER 2 COMPANIES ACTIVITY SNAPSHOT 135
TABLE 38 CLUSTER 3 COMPANIES ACTIVITY SNAPSHOT 136
TABLE 39 TECHNOLOGY AND MATERIAL MATRIX 182
BIS Research 10
3D Printing Material (ABS, PLA, Photopolymer, Ceramics etc.), Technology, Application Market
— A Global Study (2014-2022)
LIST OF FIGURES
FIGURE 1 3D PRINTING MARKET VALUE FOR MATERIALS (2013-2022) 20
FIGURE 2 3D PRINTING MARKET STUDY COVERAGE AREA 24
FIGURE 3 BIS RESEARCH METHODOLOGY 26
FIGURE 4 3D PRINTING RESEARCH METHODOLGY 28
FIGURE 5 3D PRINTING INDUSTRY MARKET DRIVERS AND ITS IMPACT 32
FIGURE 6 3D PRINTING MARKET CHALLENGES & ITS IMPACT 37
FIGURE 7 OVERALL MARKET 40
FIGURE 8 DEPOSITION TECHNIQUES & ASSOCIATED TECHNOLOGY 43
FIGURE 9 POWDER BED FUSION TECHNIQUE & RELATED TECHNOLOGY 46
FIGURE 10 3D PRINTING MARKET SEGMENTATION BY MATERIAL 58
FIGURE 11 THREE STAGES OF TEST FOR THE USABILITY OF A PLASTIC MATERIAL 63
FIGURE 12 3D PRINTING APPLICATION MARKET SEGMENT 75
FIGURE 13 ARCHITECTURE & CONSTRUCTION MARKET REVENUE FOR 3D PRINTING
INDUSTRY (2013- 2022) 82
FIGURE 14 CONSUMER LIFESTYLE PRODUCTS & ELECTRONICS MARKET REVENUE FOR 3D PRINTING INDUSTRY (2013- 2022) 86
FIGURE 15 3D PRINTING MARKET REVENUE & GROWTH IN EDUCATION & RESEARCH SECTOR (2013-2022) 90
FIGURE 16 3D MARKET SEGMENTATION BY GEOGRAPHY 98
FIGURE 17 3D PRINTING / ADDITIVE MANUFACTURING MARKET SHARE BY REGION-2013 99
FIGURE 18 3D PRINTING/ ADDITIVE MANUFACTURING MARKET VALUE BY GEOGRAPHY 100
FIGURE 19 U.S. Y-O-Y GROWTH IN 3D PRINTING /ADDITIVE MANUFACTURING 103
FIGURE 20 CANADA Y-O-Y GROWTH IN 3D PRINTING /ADDITIVE MANUFACTURING 105
FIGURE 21 CHINA Y-O-Y GROWTH IN 3D PRINTING/ ADDITIVE MANUFACTURING 109
FIGURE 22 JAPAN Y-O-Y GROWTH IN 3D PRINTING /ADDITIVE MANUFACTURING 111
FIGURE 23 AUSTRALIA Y-O-Y GROWTH IN 3D PRINTING /ADDITIVE MANUFACTURING 112
FIGURE 24 SOUTH KOREA Y-O-Y GROWTH IN 3D PRINTING /ADDITIVE
MANUFACTURING 113
FIGURE 25 OTHER COUNTRIES’ Y-O-Y GROWTH IN 3D PRINTING /ADDITIVE MANUFACTURING 114
FIGURE 26 PORTER’S FIVE FORCES ANALYSIS FOR 3D PRINTING INDUSTRY 123
BIS Research 11
3D Printing Material (ABS, PLA, Photopolymer, Ceramics etc.), Technology, Application Market
— A Global Study (2014-2022)
FIGURE 27 MARKET DEVELOPMENT 2011-2014 126
FIGURE 28 BUSINESS EXPANSION & CONTRACT 127
FIGURE 29 EVENT 128
FIGURE 30 PRODUCT DEVELOPMENT 130
FIGURE 31 MERGER & ACQUISITION (2011-2013) 131
FIGURE 32 PARTNERSHIP & COLLABORATION (2011-2013) 132
FIGURE 33 BIS RESEARCH ACTIVITY BENCHMARK RELATIVE SCORE (2011-2013) 133
FIGURE 34 APPLICATION INDUSTRIES 139
FIGURE 35 TOTAL REVENUE & NET INCOME (2011 – 2013) 140
FIGURE 36 TOTAL REVENUE BY GEOGRAPHIC AREA 141
FIGURE 37 MATERIALS USED AND RELATED INDUSTRIAL SEGMENTS 145
FIGURE 38 INDUSTRY AND RELATED APPLICATION AREA 148
FIGURE 39 TOTAL REVENUE AND NET INCOME (2011 – 2013) 149
FIGURE 40 APPLICATION INDUSTRIES 153
FIGURE 41 APPLICATION INDUSTRIES 158
FIGURE 42 SOFTWARE PRODUCTS 161
FIGURE 43 TOTAL REVENUE AND NET INCOME (2011 – 2013) 162
FIGURE 44 TOTAL REVENUE BY BUSINESS SEGMENT 163
FIGURE 45 TOTAL REVENUE BY GEOGRAPHIC AREA 163
FIGURE 46 APPLICATION INDUSTRIES 166
FIGURE 47 TOTAL REVENUE AND NET INCOME (2011 – 2013) 167
FIGURE 48 TOTAL REVENUE BY GEOGRAPHIC AREA 168
FIGURE 49 TOTAL REVENUE BY BUSINESS SEGMENT 169
FIGURE 50 APPLICATION INDUSTRIES 175
FIGURE 51 APPLICATION INDUSTRIES 178
FIGURE 52 TOTAL REVENUE AND NET INCOME (2011 – 2013) 179
FIGURE 53 TOTAL REVENUE BY GEOGRAPHIC AREA 180
FIGURE 54 BUSINESS AREAS AND ASSOCIATED INDUSTRIES 185
FIGURE 55 TECHNOLOGY & INDUSTRIAL APPLICATION VERTICALS 186
FIGURE 56 TOTAL REVENUE AND NET INCOME (2011 – 2013) 187
FIGURE 57 TOTAL REVENUE BY GEOGRAPHIC AREA 188
FIGURE 58 DIFFERENT APPLICATION INDUSTRIES & MATERIALS USED 191
FIGURE 59 LED INDUSTRY & RELATED PRODUCTS 193
FIGURE 60 APPLICATION INDUSTRIES 196
FIGURE 61 DIFFERENT TECHNOLOGIES USED 199
BIS Research 12
3D Printing Material (ABS, PLA, Photopolymer, Ceramics etc.), Technology, Application Market
— A Global Study (2014-2022)
FIGURE 62 MICROTEC PRODUCT SNAPSHOT 203
FIGURE 63 APPLICATION INDUSTRIES 206
FIGURE 64 TOTAL REVENUE AND NET INCOME (2011 – 2013) 211
FIGURE 65 APPLICATION INDUSTRIES 214
FIGURE 66 TOTAL REVENUE AND NET INCOME (2011 – 2013) 215
FIGURE 67 TOTAL REVENUE BY GEOGRAPHIC AREA 216
FIGURE 68 DIFFERENT APPLICATION INDUSTRY 219
FIGURE 69 TOTAL REVENUE AND NET INCOME (2011 – 2013) 220
FIGURE 70 TOTAL REVENUE BY GEOGRAPHIC AREA 221
FIGURE 71 APPLICATION INDUSTRIES 226
FIGURE 72 APPLICATION INDUSTRIES 229
FIGURE 73 TOTAL REVENUE AND NET INCOME (2011 – 2012) 230
FIGURE 74 SYSTEM AND RELATED MATERIALS & PRODUCTS 233
BIS Research 13
3D Printing Material (ABS, PLA, Photopolymer, Ceramics etc.), Technology, Application Market
— A Global Study (2014-2022)
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