3D Printing Market in Emerging Economies-China, India, UAE, Brazil, South Africa | Opportunities in 2020 and Beyond

The features of 3D printing technology have brought technology on a verge of revolution where the market is ready to transform from niche status to becoming a feasible choice to traditional manufacturing process in various applications. Additive manufacturing market is in the growing phase of its life cycle as many novel technologies involved in the printing are in its nascent stage. Due to the wide application of 3D printing, the market is highly fragmented. The market is surging higher primarily due to rising demand for faster and more efficient way to manufacture complex design objects using wide array of materials. The key areas of application such as healthcare and aerospace, which are growing at a promising rate, have witnessed penetration of 3D printing technology in a significant manner.

3D Printing Market in Emerging Economies Report, published by Allied Market Research, forecasts that the global market is expected to garner $4.5 billion by 2020, registering a CAGR of 37.4% during the period 2014-2020. The additive manufacturing and rapid prototyping process adopted by the leading manufacturing companies would propel the growth of the 3D printing technologies. Amongst the emerging markets, India and Chinaare the most opportunistic regions for the development of 3D printing; therefore, market leaders are looking to capitalize on the prevailing opportunities in these countries.

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AMR analysis suggests that...

"The commercialization of 3D printing technology would not only lower manufacturing material loss and minimise the labour cost, but also raise awareness and eventually lead to widespread adoption of the technology. Mergers and acquisitions among top global players and local players of emerging regions would further accelerate the growth and adoption of the technology. Acquisition of Brazilian domestic company named Robotech by 3D Systems; a global leader is one such notable example that confers the impending market trend."

Higher accuracy, faster processing, efficient use of materials and the ability to build customized products optimally are the prime elements of growth for 3D printing market. Favourable initiatives by the governments in the emerging economies are contributing to the growth of the start-ups in the region giving them power to compete with the top players in the region.

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The adoption of the technology would lead to low labour cost and efficient use of printing material, which would give a competitive edge to manufacturing companies. General Electric, on the other hand, explored the potential in the Indian market by incorporating additive manufacturing technology in manufacturing plastic parts and eventually also used the technology in manufacturing metal parts. Key companies profiled in the report are StratasysLtd, 3D Systems, Arcam AB, Autodesk Inc., ExOne Company, Voxeljet AG, Optomec Inc., Hoganas AB, Organovo Holdings Inc., and Ponoko.

The easy portability and simple installation with the facility of mixing different types of materials according to need of the operating environment has made 3D printing a popular technology. The widespread adoption of 3D printers in healthcare and medical sectors in emerging economies is bringing the technology into the limelight among the domestic players. The technology is gaining prominence amongst leading domestic players, as the products manufactured can be further used in varied applications.

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AMR analysis suggests that the commercialization of 3D printing technology would not only lower manufacturing material loss and minimise the labour cost, but also raise awareness and eventually lead to widespread adoption of the technology. Mergers and acquisitions among top global players and local players of emerging regions would further accelerate the growth and adoption of the technology. Acquisition of Brazilian domestic company named Robotech by 3D Systems; a global leader is one such notable example that confers the impending market trend.

The initiatives taken by governments across the emerging economies to enhance the 3D printing technology is one of the major driving factors. In April 2013, Chinahas invested $6.5 million to conduct research on key 3D printing technologies. Technological events have been arranged across sectors for spreading awareness among stakeholders.

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CHINA 3D PRINTING MARKET BY TECHNOLOGY

4.2.1. Market size of China 3D printing technologies
4.2.2. SLA

4.2.2.1. Current Trends and Competitive Scenario
4.2.2.2. Key Opportunities

4.2.3. SLS

4.2.3.1. Current Trends Competitive Scenario

4.2.4. EBM

4.2.4.1. Current Trends and Competitive Scenario

4.2.5. FDM

4.2.5.1. Current Trends and Competitive Scenario

4.2.6. Others

4.2.6.1. Current Trends and Competitive Scenario

CHAPTER 5 INDIA 3D PRINTING MARKET,

5.1. INDIA 3D PRINTING MARKET BY COMPONENT

5.1.1. Key market trend
5.1.2. Competitive scenario
5.1.3. Key growth factors and opportunities
5.1.4. Market size of India 3D printing components

5.2. INDIA 3D PRINTING MARKET BY TECHNOLOGY

5.2.1. Market size of India 3D printing technologies
5.2.2. SLA

5.2.2.1. Current Trends and competitive Scenario
5.2.3.1. Current Trends and competitive Scenario

CHAPTER 6 UAE 3D PRINTING MARKET, 2013-2020

6.1. UAE 3D PRINTING MARKET BY COMPONENTS

6.1.1. Key market trend
6.1.2. Competitive scenario
6.1.3. Key growth factors and opportunities
6.1.4. Market size of UAE 3D Printing components

6.2. UAE 3D PRINTING MARKET BY TECHNOLOGY

6.2.1. Market size of UAE 3D printing technologies
6.2.2. SLA

6.2.2.1. Current Trend and Competitive Scenario

6.2.3. FDM

6.2.3.1. Current Trends and Competitive Scenario

6.2.4. Others

6.2.4.1. Current Trends and Competitive Scenario

7.1. BRAZIL 3D PRINTING MARKET BY COMPONENTS

7.1.1. Key market trend
7.1.2. Competitive scenario
7.1.3. Key growth factors and opportunities
7.1.4. Market size of Brazil 3D printing components

7.2. BRAZIL 3D PRINTING MARKET BY TECHNOLOGY

7.2.1. Market Size of Brazil 3D printing technologies
7.2.2. SLA

7.2.2.1. Current Trend and Competitive Scenario

7.2.3. FDM

7.2.3.1. Current Trend and Competitive Scenario

7.2.4. LOM

7.2.4.1. Current Trend and Competitive Scenario

7.2.5. Others

7.2.5.1. Current Trend and Competitive Scenario

CHAPTER 8 SOUTH AFRICA 3D PRINTING MARKET,

8.1. SOUTH AFRICA 3D PRINTING MARKET BY COMPONENTS

8.1.1. Key market trend
8.1.2. Competitive scenario
8.1.3. Key growth factors and opportunities
8.1.4. Market size of South Africa 3D printing components

8.2. SOUTH AFRICA 3D PRINTING MARKET BY TECHNOLOGY

8.2.1. Market size of South Africa 3D printing technologies
8.2.2. SLA

8.2.2.1. Current Trend and Competitive Scenario

8.2.3. SLS

8.2.3.1. Current Trend and Competitive Scenario

8.2.4. FDM

8.2.4.1. Current Trend and Competitive Scenario

8.2.5. Others

8.2.5.1. Current Trend and Competitive Scenario

Related Report North America 3D Printing Market @ https://www.alliedmarketresearch.com/north-america-3d-printing-market

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