Consumer 3D Printing Market


Posted July 29, 2015 by ElectronicsIARC

Consumer 3D Printing Market Analysis: By Materials Used ( Plastics, Metals, Ceramics, Form);By End Users (Households, Educational Institutions, Food Industry, Small & Medium Businesses)- With Forecast (2015 - 2020)
 
It is noted that, the enterprise [b]3D Printing Market[/b] is very different from the Consumer Market. Though it's true that there are some similarities between them as organizations, the two markets are driven by different uses and requirements. The [b]Consumer 3D Printing[/b] is a sub segment of the conventional [b]3D Printing Market[/b]. They are differentiated by a thin line. 3D printers are generally used in industries, but entry level printers which can produce products of relatively smaller volumes are currently available for purchase by households, hobbyists, educational institutions as these printers come at a very low cost.

[b]Table of contents and insights:[/b]
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According to Gartner, [b]3D printing[/b] is not one technology but seven different ones. "Hype around home use obfuscates the reality that 3D printing involves a complex ecosystem of software, hardware and materials whose use is not as simple to use as 'hitting print' on a paper printer". The seven different technologies each have pros and cons, and printers work with varying build sizes and materials. This means organizations must begin with the end products in mind: "First, determine the material, performance and quality requirements of the finished items first; second, determine the best [b]3D printing technology[/b]; and third, select the right 3D printer."

[b]Market Growth Estimations:[/b]
Research suggests that the Medical and Business Applications across the world will have the biggest impact on the [b]Consumer 3D Printing Market[/b] in the next two to five years. The [b]Consumer 3D Printing Market[/b] is determined to grow at a very fast pace with 45% CAGR for next five years. The pullulating market is supported by strong demand from the consumers. This market is estimated to reach $1.2 Billion by 2020 according to expert studies.

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Many companies are bringing newer designs to attract consumers. Startups based on 3D printers for consumer products are also growing at a huge pace in North America and Europe. [b]3D printing in healthcare market[/b] has also gained much prominence in the recent years due to the increasing number of applications in the medical and dental surgeries along with the developments in tissue engineering.
Highest growth in this market is being primarily seen in the US currently but both APAC and the European markets will contribute significant revenues in 2 years’ time as distribution channels and local manufacturing plants proliferate in these regions.

[b]Driving Factor:[/b]
[b]3D printing[/b] and its uses, continue to evolve rapidly in response to hype, greater visibility and, more importantly, demand. Naturally, some technologies are maturing faster than others and will be widely available in just a few years. In fact, some are already in general use. An example is [b]3D printing[/b] for prototyping, which has been the mainstay of the [b]3D printing industry[/b] since its inception.

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[b]Report Scope:[/b]
The [b]Consumer 3D Printing Market[/b] is segmented based on various factors like:
1. [b]Price Ranges[/b]: Less than $500, $500-$1000, $1000-$2000 and Greater than $2000
2. [b]Materials used[/b]: plastics, metals, ceramics and form.
3. [b]Ancillary market[/b]: Software Providers Analysis, 3D Scanners Market Analysis and Printing Service Providers Analysis
4. [b]End users[/b]: Homes, Educational Institutions, Small and Medium Businesses, Architects and Designers, Service Providers and Others.
5. [b]Lastly, geography[/b]: Americas, Europe, APAC and RoW.

[b]Notable Players of the Market:[/b]
The companies are studied according to the aspects: Overview, Financials, SWOT Analysis, Developments and Product Portfolio.
Makerbot is considered as the pioneer of this market which was followed by other companies like Solidoodle, Ultimake etc. These companies take up and improve on the specifications from the open source models in the RepRap community. Some other Companies that are mentioned in the report:
• Biomedical Modeling Inc
• Carima
• Concept Laser GmbH
• EOS GmbH Electro Optical Systems
• ExOne GmbH
• Envisiontec
• Evonik
• Mcor Technologies Ltd

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[b]About IndustryARC:[/b]
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

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Last Updated July 30, 2015