3d printing market by 2022- separate market intelligance reports for systems, materials and end...

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Your Business Intelligence & Strategy Partner Email: [email protected] Tel: +1 650 228 0182 3D PRINTING MATERIAL (Metal, Alloys, ABS, PLA, Photopolymer, Ceramics, Graphene etc.), TECHNOLOGY, APPLICATION (Medical, Dental, Aerospace & Defense, Automotive, Jewelry & Others) MARKET A Global Study (2014-2022)

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Page 1: 3D Printing Market by 2022- Separate Market Intelligance reports for SYSTEMS, MATERIALS and END USERS

Your Business Intelligence & Strategy Partner

Email: [email protected] Tel: +1 650 228 0182

3D PRINTING MATERIAL (Metal, Alloys, ABS, PLA, Photopolymer, Ceramics, Graphene etc.), TECHNOLOGY, APPLICATION (Medical, Dental, Aerospace & Defense, Automotive, Jewelry & Others) MARKET

— A Global Study (2014-2022)

Page 2: 3D Printing Market by 2022- Separate Market Intelligance reports for SYSTEMS, MATERIALS and END USERS

BIS Research

3D Printing Material, Technology, Application Market— A Global Study (2014-2022)

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY ............................................................................................

2 REPORT SCOPE ..........................................................................................................

2.1 SCOPE OF THE STUDY ...................................................................

2.2 3D PRINTING REPORT COVERAGE ................................................

2.3 RESEARCH METHODOLOGY ...........................................................

3 MARKET OVERVIEW ................................................................................................

3.1 INTRODUCTION ............................................................................

3.2 MARKET DYNAMICS ......................................................................

3.2.1 MARKET DRIVERS ..............................................................

3.2.1.1 Reduction in Turnaround Time & Accelerated Product Development Cycles .....................................................

3.2.1.2 Decreasing Price of Consumer/Personal Printers ................

3.2.1.3 Improving Quality of Professional & Industrial Printers (both in process and material) ............................

3.2.1.4 Mass Customization & Personalization..............................

3.2.1.5 Country Specific Push Factors (Government support

& funding, Localization & Environmental Impact) ..............

3.2.1.6 Industry Specific Adoption & More Acceptable Use Cases .........................................................................

3.2.1.7 New Emerging Business Models ......................................

3.2.1.8 Environmental & Economical Dynamics ............................

3.2.2 MARKET CHALLANGES ........................................................

3.2.2.1 Material & Quality .........................................................

3.2.2.2 Design Ergonomics .......................................................

3.2.2.3 Social Factors ..............................................................

3.2.2.4 Intellectual Property Right (IPR) Issues ...........................

3.2.2.5 Costs ..........................................................................

3.3 MARKET STATISTICS ....................................................................

3D PRINTING MATERIAL (ABS, PLA, Photopolymer, Ceramics etc.), TECHNOLOGY, APPLICATION (Medical, Aerospace & Defense, Automotive & Others) MARKET

— A Global Study (2014-2022)

Page 3: 3D Printing Market by 2022- Separate Market Intelligance reports for SYSTEMS, MATERIALS and END USERS

BIS Research

3D Printing Material, Technology, Application Market— A Global Study (2014-2022)

4 TECHNOLOGY MARKET ..........................................................................................

4.1 INTRODUCTION ............................................................................

4.2 MATERIAL EXTRUSION .................................................................

4.2.1 FUSED DEPOSITION MODELING (FDM) ...............................

4.3 POWDER BED FUSION ...................................................................

4.3.1 ELECTRON BEAM MELTING .................................................

4.3.2 SELECTIVE LASER MELTING (SLM) .....................................

4.3.3 SELECTIVE HEAT SINTERING (SHS) ...................................

4.3.4 SELECTIVE LASER SINTERING (SLS) ..................................

4.3.4.1 Direct Metal Laser Sintering (DMLS) ................................

4.4 SHEET LAMINATION .....................................................................

4.4.1 LAMINATED OBJECT MANUFACTURING (LOM) ....................

4.5 VAT PHOTO POLYMERIZATION .....................................................

4.5.1 STEREOLITHOGRAPHY (SLA) ..............................................

4.5.2 DIGITAL LIGHT PROCESSING .............................................

4.6 BINDER JETTING ..........................................................................

4.6.1 3D PRINTING (3DP) ...........................................................

4.6.2 ELECTRON BEAM FREEDOM FABRICATION (EBF3) ..............

5 MATERIALS MARKET ...............................................................................................

5.1 INTRODUCTION ............................................................................

5.2 METALS AND METAL ALLOYS .........................................................

5.3.1METALS USED IN 3D PRINTING ............................................

5.3.1.1 Titanium .....................................................................

5.3.1.2 Aluminum....................................................................

5.3.1.3 Gold and Silver ............................................................

5.3.1.4 Others ........................................................................

5.32.METAL ALLOYS USED IN 3D PRINTING .................................

5.3.2.1 Cobalt Chrome Alloy (Co28Cr6Mo) ..................................

5.3.2.2 Nickel Alloys ................................................................

5.3.2.3 Stainless Steel .............................................................

5.3.2.4 Aluminum alloys ...........................................................

5.3.2.5 Others ........................................................................

5.3 PLASTIC ........................................................................................

5.3.1 ACRYLONITRILE BUTADIENE STYRENE (ABS) .....................

Page 4: 3D Printing Market by 2022- Separate Market Intelligance reports for SYSTEMS, MATERIALS and END USERS

BIS Research

3D Printing Material, Technology, Application Market— A Global Study (2014-2022)

5.3.2 POLYLACTIC ACID (PLA) ....................................................

5.4 PHOTOPOLYMER ...........................................................................

5.4.1 MARKET STATISTICS ..........................................................

5.5 OTHERS ........................................................................................

5.5.1 CERAMICS ..........................................................................

5.5.2 NYLON ...............................................................................

5.5.3 PAPER ................................................................................

5.5.4 WAX...................................................................................

6 APPLICATIONS MARKET ........................................................................................

6.1 INTRODUCTION ............................................................................

6.2 AEROSPACE & DEFENSE MARKET ..................................................

6.2.1 MARKET STATISTICS ..........................................................

6.2.1.1 Prototype Market ..........................................................

6.2.1.2 Demonstration Units Market ...........................................

6.2.1.3 Small Volume Production Market .....................................

6.2.1.4 Other Market ...............................................................

6.3 ARCHITECTURE & CONSTRUCTION MARKET .................................

6.3.1 MARKET STATISTICS ..........................................................

6.4 AUTOMOTIVE MARKET ..................................................................

6.4.1 MARKET STATISTICS ..........................................................

6.4.1.1 Concept Car Market ......................................................

6.4.1.2 Small Custom Parts Prototype Market .............................

6.4.1.3 Tooling & Low Volume End Use Part Market ......................

6.4.1.4 Other Market ...............................................................

6.5 CONSUMER LIFESTYLE PRODUCTS & ELECTRONICS MARKET ........................................................................................

6.5.1 CONSUMER LIFESTYLE PRODUCTS MARKET ........................

6.5.1.1 Entertainment & Sports Market .......................................

6.5.1.2 Fashion & Jewelry and Aesthetics Market .........................

6.5.2 ELECTRONICS MARKET .......................................................

6.6 EDUCATION & RESEARCH MARKET ...............................................

6.7 HEALTHCARE MARKET...................................................................

6.7.1 PROSTHETICS MARKET.......................................................

6.7.2 HUMAN TISSUES MARKET ..................................................

6.7.3 MEDICAL DEVICES MARKET ................................................

Page 5: 3D Printing Market by 2022- Separate Market Intelligance reports for SYSTEMS, MATERIALS and END USERS

BIS Research

3D Printing Material, Technology, Application Market— A Global Study (2014-2022)

6.7.3.1 Dental Implants Market: Bridges & Crowns ......................

6.7.3.2 Hearing Aids Market ......................................................

6.7.3.3 Orthopedic implants Market ...........................................

6.8 INDUSTRIAL & OTHER APPLICATION MARKET..............................

7 GEOGRAPHIC ANALYSIS ..........................................................................................

7.1 INTRODUCTION ............................................................................

7.2 NORTH AMERICA ..........................................................................

7.2.1 U.S. ....................................................................................

7.2.2 CANADA .............................................................................

7.3 EUROPE ........................................................................................

7.3.1 GERMANY ...........................................................................

7.3.2 U.K.....................................................................................

7.3.3 ITALY .................................................................................

7.4 APAC .............................................................................................

7.4.1 CHINA ................................................................................

7.4.2 JAPAN ................................................................................

7.4.3 AUSTRALIA ........................................................................

7.4.4 SOUTH KOREA ....................................................................

7.5 OTHERS ........................................................................................

7.5.1 INDIA ................................................................................

7.5.2 SOUTH AFRICA ...................................................................

7.5.3 BRAZIL ..............................................................................

8 INDUSTRIAL ANALYSIS ...........................................................................................

8.1 PORTER’S FIVE FORCES ANALYSIS ...............................................

8.1.1 THREAT FROM NEW ENTRANTS ..........................................

8.1.2 SUPPLIER’S BARGAINING POWER ......................................

8.1.3 BUYER’S BARGAINING POWER ...........................................

8.1.4 DEGREE OF COMPETITION .................................................

8.1.5 THREAT FROM SUBSTITUTES ..............................................

8.2 ANALYSIS SUMMARY ....................................................................

9 COMPETITIVE LANDSCAPE ....................................................................................

9.1 MARKET ENTROPY ........................................................................

9.1.1 BUSINESS EXPANSION & CONTRACT ..................................

9.1.2 EVENT ................................................................................

Page 6: 3D Printing Market by 2022- Separate Market Intelligance reports for SYSTEMS, MATERIALS and END USERS

BIS Research

3D Printing Material, Technology, Application Market— A Global Study (2014-2022)

9.1.3 PRODUCT DEVELOPMENT ...................................................

9.1.4 MERGER & ACQUISITION ...................................................

9.1.5 JOINT VENTURE, PARTNERSHIP & COLLABORATION ..........

9.2 COMPETITIVE BENCHMARKING ...................................................

9.2.1 CLUSTER 1 .........................................................................

9.2.2 CLUSTER 2 .........................................................................

9.2.3 CLUSTER 3 .........................................................................

10 COMPANY PROFILES (COMPANY SUMMARY, OFFERINGS

PRODUCTS & SERVICES, FINANCIALS, STRATEGIC

DEVELOPMENTS, ANALYST INSIGHT )

10.1 3D SYSTEMS .................................................................................

10.2 3T RPD LTD. ..................................................................................

10.3 ARCAM AB .....................................................................................

10.4 BIOMEDICAL MODELING INC ........................................................

10.5 CERADROP MGI GROUP ................................................................

10.6 CONCEPT LASER ...........................................................................

10.7 DASSAULT SYSTÈMES ...................................................................

10.8 KONINKLIJKE DSM NV ..................................................................

10.9 ENVISIONTEC ...............................................................................

10.10 EOS GMBH ELECTRO OPTICAL SYSTEMS .......................................

10.11 EXONE ..........................................................................................

10.12 GPI PROTOTYPE & MANUFACTURING SERVICES, INC. ..................

10.13 HOGANAS AB ................................................................................

10.14 LAYERWISE NV .............................................................................

10.15 LUXEXCEL GROUP B.V. ..................................................................

10.16 MCOR TECHNOLOGIES LTD. ..........................................................

10.17 MEDICAL MODELING .....................................................................

10.18 MICROTEC GESELLSCHAFT FÜR MIKROTECHNOLOGIE MBH ..........

10.19 OPTOMEC ......................................................................................

10.20 ORGANOVO HOLDINGS .................................................................

10.21 RENISHAW, PLC ............................................................................

10.22 STRATASYS ...................................................................................

10.23 SLM SOLUTIONS GMBH .................................................................

10.24 VOXELJET .....................................................................................

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BIS Research

3D Printing Material, Technology, Application Market— A Global Study (2014-2022)

10.25 ZORTRAX ......................................................................................

LIST OF TABLES

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

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

Page 8: 3D Printing Market by 2022- Separate Market Intelligance reports for SYSTEMS, MATERIALS and END USERS

BIS Research

3D Printing Material, Technology, Application Market— A Global Study (2014-2022)

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

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

Page 9: 3D Printing Market by 2022- Separate Market Intelligance reports for SYSTEMS, MATERIALS and END USERS

BIS Research

3D Printing Material, Technology, Application Market— A Global Study (2014-2022)

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

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

Page 10: 3D Printing Market by 2022- Separate Market Intelligance reports for SYSTEMS, MATERIALS and END USERS

BIS Research

3D Printing Material, Technology, Application Market— A Global Study (2014-2022)

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

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