1.
Global 3D Printing Market Outlook
3D printing is set to revolutionize
manufacturing procedures worldwide.
According to Netscribes research, the
global 3D printing market will grow
at a Compound Annual Growth Rate
(CAGR) of 25.5% to reach USD 8.7
billion by 2020.
3D printing –
Market Size &
Growth
(2013-2018)
(USD bn)
2013
2014
2015
2016
2017
2018
2.8
3.5
4.4
5.5
8.7
6.9
Distribution of industry spending
Here’s a breakdown of the spend on 3D printing technology by industry as of Q3 2016.
Others 46.1
Figures in (%)
Industrial designs 9.8
Architecture 8.5
Sensors &
Instruments 8.2
Electronics
manufacturing 4.9
Higher education 4.6
Customer goods 4.3
Mechanical
engineering 4.3
Medical
devices
4.2
Automotive 2.9
IT 2.2
• 3D bioprinting applications are
ramifying from regeneration of
tissues, implants and
prosthetics to production of
3D bioprinted pills.
• Companies such as Wacker,
Sterne and Advanced Life
Technologies (ALT LLC)
are developing advanced
techniques for using silicone
as a printing material, which
will lower costs and open new
possibilities in 3D printing.
Future trends
The average 3D printer production
speed is expected to increase by 88%
by the end of 2023, which will help
improve volume capabilities.
New combinations of 3D
printing materials along with
improvements in existing materials
will foster unprecedented printing
applications and will aid in the
reduction of prices.
Advancements in printing
technologies will spur the
development of new equipment
applications.
Additional capabilities along with
advancements will translate into
the creation of new domains in
which 3D printing can be applied.
Faster Equipment Speed
Enhanced Materials
Advanced Printing Technology
Additional Capabilities
By 2019, 3D printing will become 50% cheaper and
up to 400% faster
Emerging markets
North America
will occupy
about a 34% share
by the end of
2023, representing
a decline from
its current
growth trend.
Get deeper insights on the impact of 3D technologies in your industry.
Contact us today
Share this
Proprietary and Confidential, Copyright © 2017, Netscribes, Inc. All Rights Reserved.
The content of this document is confidential and meant for the review of the recipient only.
www.netscribes.com
Trends
• Metal 3D printing
technologies have earned
wide acceptability for their
ability to produce complex
shapes at shorter lead times.
Europe is poised to
maintain a stable status of
around 32% by 2023.
Asia is expected
to garner a share
of 33% by 2023
as China begins to
heavily leverage
its existing
manufacturing
and distribution
infrastructure.
f in
CAGR
25.5%
The metal 3D printing market in the Asia-Pacific region is expected to
exhibit more growth compared to other regions.
Siemens
German engineering company
Siemens has started using metal 3D
printers to manufacture massive
gas turbine blades and guide vanes
for its power generator.
GE Aviation
GE Aviation has used metal 3D
printer to produce hard-to-fabricate
parts and are expected to increase
the use of this technology in
the near future. It is currently
investing USD 3.5 bn in additive
manufacturing, to produce more
than 100,000 fuel nozzles by 2020.
Arcam
Metal 3D printer manufacturer
Arcam claims that its machines
have been used to print more
than 50,000 orthopedic implants.
Argen Digital
Argen Digital’s 12 Concept Laser
Selective Laser Melting (SLM) 3D
printers are one of the largest
suppliers of metal substructures
that are used for making custom
copings and bridges.
Demand for 3D printing materials
Metallic materials will see the highest demand from 3D printing manufacturers
Figures in (%)
Now & immediate
future
Likely
developments
Future
scenarios
Defense &
Aerospace
• Weight reduction on
aircraft
• Niche, low volume
parts
• Printing entire aircraft
wings
• Application in space
exploration
• Printing entire aircrafts
• Self-healing military
vehicles
• Printing on the battlefield
Automotive
• Design and
prototyping
• After-market
customization,
vehicle restoration
• Light-weight and
specialist components in
some vehicles
• Crowd-sourced vehicle
design and manufacture
• Innovative vehicles
enabled by 3D printing
Healthcare
• Prosthetics, dental
and bone implants
• Medical instruments
• Pharmaceutical
production
• Tissue and simple
printed organs used in
transplants
• Nano-scale medicine
• Complex printed organs
Consumer &
Retail
• Novelty items and
customized products
• Popularity of DIY and
Maker communities
• Co-creation with
customers
• Consumers buying 3D
printers for personal use
General
manufacturing
• Rapid prototyping
and product design
• Low-volume
specialist
manufacturing
• Printed electronics
embedded in parts
• Innovative products
with 3D printing co-
existing with traditional
manufacturing
• Re-tooling and re-skilling
• Rows of 3D printers on
factory floors/shop floors
Supply chain
• Printing bureaus
servicing niche
markets
• Recycling used for
feeding materials
• Rising demand for
powdered titanium and
other feed materials
• Off-shoring modes to be
challenged
• Reorganization of business
models
• Ship the design, not the
product
Commercial
• Intellectual property
issues debated
• Crowd-funding
models perfected
• Boom of start-ups
enabled by 3D printing
technology
• Reallocation of capital to
new industries
3D printing impact across industries
60
52
42
61
84
Metals Rubber-like
materials
High temperature
plastic
Carbon fibre Conductive filled /
Circuitry