This report focuses on 3D printing services market which is experiencing strong growth. The report gives a guide to the 3D printing services market which will be shaping and changing our lives over the next ten years and beyond, including the market's response to the challenge of the global pandemic.
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Description:
Where is the largest and fastest growing market for the 3D printing services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The 3D Printing Services market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider 3D printing services market, and compares it with other markets.
• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
• Market segmentations break down market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
• The 3D printing services market section of the report gives context. It compares the 3D printing services market with other segments of the 3D printing services market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, 3D printing services indicators comparison.
Scope
Major players in the 3D Printing service market are 3D Systems Corporation, Stratasys, Materialise NV, ExOne, Arcam, ProtoLabs – 3D Rapid Prototyping Company, HP Inc., SLM Solutions Group, ARC Group Worldwide, and Carbon.
The global 3d printing services market is expected to grow from $4.06 billion in 2021 to $4.98 billion in 2022 at a compound annual growth rate (CAGR) of 22.7%. The market is expected to grow to $10.66 billion in 2026 at a compound annual growth rate (CAGR) of 20.9%.
The 3D Printing service market consists of services provided by 3D printing service providers to companies in any of the forms of 3D printed parts, rapid prototyping, components produced by 3D printers, and related services such as software upgrades and maintenance.
The main service offerings of 3D Printing service are tooling, parts production, software services, system maintenance, expert service. It is used for prototyping, tooling, functional parts manufacturing by various end users including consumer products, automotive, healthcare, aerospace and defense. Prototyping is a fundamental step in the process of creating a new product by physically representing a concept. Designers use prototyping to transform a concept into a working product. It consists of several steps that assist designers, product owners, or business analysts in determining essential concerns such as user demands, navigation, information architecture, usability, accessibility, and user interface (UI) or visual design.
Asia Pacific was the largest region in the 3D Printing services market in 2021. North America was the second largest region in the 3D Printing services market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Reduction in manufacturing cost and process downtime contributed to the growth of the 3D printing services market. 3D printing technology helps companies greatly reduce their manufacturing costs, reduce downtime and minimize waste. With the use of 3D printing for prototyping, companies can significantly lower the cost of developing new products. The minimal labor/workforce involved in this process also contributes to the low manufacturing costs. Due to 3D printing the manufacturing time can be reduced from months to days. For instance, to print a phone case it takes around 20 minutes, and similarly a 2*4 Lego can be printed in 4 minutes. Therefore, reduction in manufacturing costs and process downtime increased demand for the 3D printing services market.
Intellectual property on printing anything which has property rights issues is considered unauthorized and subjected to an act of patent infringement. This factor hampers the growth of 3D printing service market growth. In 3D printing market, the products which are available to print are less. 3D printing products are widely used in the health care industry. Pharmaceutical companies can drastically improve the drug research and development (R&D) by 3D printing as the technology could even be used to print human organs and tissue. However, to print an organ one should buy the patent of the 3D building product code, which makes the product cost high. Therefore, intellectual property on printing products hampers the growth of the 3D printing service market.
3D printing Services providers are implementing Cloud-based 3D printing services. Cloud-based 3D printing management platform can be used by any individual, enterprises, schools, and service bureaus to render, fix, store 3D design securely and stream 3D design to the 3D printer with complete data tracking and analytics. Ultimaker, one of the global leaders in desktop 3D printing, launched Ultimaker Cloud platform in TCT Asia 2019 event in China. It will form a crucial platform solution with capabilities to simplify the user workflow ensuring compatibility with a wide variety of software applications and materials.
In December 2021, Stratasys Ltd., an American-Israeli manufacturer of 3D printers and 3D production systems, signed an agreement to acquire 3D printing start-up Origin Inc. for total consideration of up to $100 million, including cash and stock. The acquisition will enable Stratasys to use Origin's photopolymer platform and extensive materials ecosystem to expand into the mass production parts segment with a next-generation photopolymer platform.
The countries covered in the 3D Printing service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
2. 3D Printing Services Market Characteristics
3. 3D Printing Services Market Trends And Strategies
4. Impact Of COVID-19 On 3D Printing Services
5. 3D Printing Services Market Size And Growth
5.1. Global 3D Printing Services Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global 3D Printing Services Forecast Market, 2021 - 2026F, 2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. 3D Printing Services Market Segmentation
6.1. Global 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
Tooling
Parts Production
Software Services
System Maintance
Expert Service
6.2. Global 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
Consumer Products
Automotive
Healthcare
Aerospace And Defense
6.3. Global 3D Printing Services Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
Prototyping
Tooling
Functional Parts Manufacturing
7. 3D Printing Services Market Regional And Country Analysis
7.1. Global 3D Printing Services Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
7.2. Global 3D Printing Services Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
8. Asia-Pacific 3D Printing Services Market
8.1. Asia-Pacific 3D Printing Services Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
8.3. Asia-Pacific 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
9. China 3D Printing Services Market
9.1. China 3D Printing Services Market Overview
9.2. China 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F,$ Billion
9.3. China 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F,$ Billion
10. India 3D Printing Services Market
10.1. India 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
10.2. India 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
11. Japan 3D Printing Services Market
11.1. Japan 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
11.2. Japan 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
12. Australia 3D Printing Services Market
12.1. Australia 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
12.2. Australia 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
13. Indonesia 3D Printing Services Market
13.1. Indonesia 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
13.2. Indonesia 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
14. South Korea 3D Printing Services Market
14.1. South Korea 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
14.2. South Korea 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
15. Western Europe 3D Printing Services Market
15.1. Western Europe 3D Printing Services Market Overview
15.2. Western Europe 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
15.3. Western Europe 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
16. UK 3D Printing Services Market
16.1. UK 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
16.2. UK 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
17. Germany 3D Printing Services Market
17.1. Germany 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
17.2. Germany 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
18. France 3D Printing Services Market
18.4. France 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
18.5. France 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
19. Eastern Europe 3D Printing Services Market
19.1. Eastern Europe 3D Printing Services Market Overview
19.2. Eastern Europe 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
19.3. Eastern Europe 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
20. Russia 3D Printing Services Market
20.1. Russia 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
20.2. Russia 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
21. North America 3D Printing Services Market
21.1. North America 3D Printing Services Market Overview
21.2. North America 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
21.3. North America 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
22. USA 3D Printing Services Market
22.1. USA 3D Printing Services Market Overview
22.2. USA 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
22.3. USA 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
23. South America 3D Printing Services Market
23.1. South America 3D Printing Services Market Overview
23.2. South America 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
23.3. South America 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
24. Brazil 3D Printing Services Market
24.1. Brazil 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
24.2. Brazil 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
25. Middle East 3D Printing Services Market
25.1. Middle East 3D Printing Services Market Overview
25.2. Middle East 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
25.3. Middle East 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
26. Africa 3D Printing Services Market
26.1. Africa 3D Printing Services Market Overview
26.2. Africa 3D Printing Services Market, Segmentation By Service Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
26.3. Africa 3D Printing Services Market, Segmentation By End user, Historic and Forecast, 2016-2021, 2021-2026F, 2026F, 2031F, $ Billion
27. 3D Printing Services Market Competitive Landscape And Company Profiles
27.1. 3D Printing Services Market Competitive Landscape
27.2. 3D Printing Services Market Company Profiles
27.2.1. 3D Systems Corporation
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Stratasys
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Materialise NV
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. ExOne
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Arcam
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The 3D Printing Services Market
29. 3D Printing Services Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. The Business Research Company
30.5. Copyright And Disclaimer
Research Methodology
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analysing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.