openPR Logo
Press release

Qatar 3D Printing Market Is Projected To Grow At A CAGR Of 19.6% During 2021-2027F.

Qatar 3D Printing Market

Qatar 3D Printing Market

The fused deposition modelling printer acquired majority revenue and volume share in the year 2020– 6WResearch

3D Printer market is mainly import driven in Qatar and major importing partners are Italy and China. Qatar government is promoting 3D technological development in the country. Thus, there’s no value added tax imposition on import of 3D printers, only general duty is implied which would boost the adoption rate of 3D printers in the domestic market in the coming years. Printing market is promptly developing in the industries where materialistic components are involved. 3D printing services and its application in the construction/Infrastructure sector have witnessed wide adoption owing to designers need to view and visualize the object in 3D.

According to 6Wresearch, the Qatar 3D Printing Market is projected to grow at a CAGR of 19.6% during 2021-2027F. Sustainable development has been distinguished as one of the top preferences in Qatar’s National Development Strategy. There has been brisky improvement in green building sector of the country with the emergence of many high standard sustainable constructions in recent years. However, COVID-19 caused the slowdown in construction sector in 2020 but the decline has been mitigated by infrastructure related spending ahead of the FIFA World Cup 2022, continue extension of LNG capacity, and fiscal and budgetary responses.
According to Mansi Bisht, Senior Research Analyst, 6Wresearch, “On the basis of technology, Selective Laser Sintering technology is anticipated to grow fastest in the upcoming years since it is the most efficient technology and could handle thousands of high-quality prints per week on uninterrupted production.
Far from being a technology used solely for creating prototypes in healthcare, automotive, construction etc. SLS technology has become a reasonable means of creating low-volume end parts and support parts, like jigs and fixtures across the industries. Also, the Qatar government is moving towards advance projects in healthcare and infrastructure where it would require the Selective Laser Sintering technology for rapid prototyping, manufacturing parts, tooling etc. which in turn would contribute to the growth of selective laser sintering during the forecast period”. Mansi further added.
According to Kajal Saraswat, Research Associate, 6Wresearch, “By industry type, Education is the fastest-growing industries in the Qatar 3D printing materials market as major emphasis is on making engineering, medical and kindergarten learning more practical and realistic. In spite of the fact that the utilization of 3D printing in the education sector is at a developing stage, numerous institutions are starting to set up labs for 3D printing.
Further, the Qatar government has taken several measures to shield the major projects in the country and QR72.1 billion were allocated to support and provide financial and economic incentives in the budget 2021. Moreover, the reality that the number of hotels offer luxurious offices, the request for futuristic rendering and building visualization is also growing in Qatar. This continually changing location has a significant demand for hospitality facilities and its only coherent that the architecture industry will develop to oblige this request.”. Kajal concluded.

Qatar 3D Printing market (2020-2026F) report provides an in- depth analysis with 28 figures and 3 tables, covered in 64 pages. The report estimates and forecast the overall Qatar 3D printing market by technology and industries. The report provides an unbiased and detailed analysis of the upcoming opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Regards,
Aanchal Kukreja | Media Relations Manager
Research | Consulting | Database | Outsourcing
Email: media@6wresearch.com
Website: www.6wresearch.com
Contact Us: (+91) 11-4302-4305

Delhi/NCR Office
614 & 614A, 6th Floor, D Mall, Netaji Subhash Place, Pitampura, New Delhi, India-110034

6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Qatar 3D Printing Market Is Projected To Grow At A CAGR Of 19.6% During 2021-2027F. here

News-ID: 2336829 • Views: 364

More Releases from 6Wresearch- Market Intelligence Solutions

India Agriculture Equipment Market (2019-2025)
Market Forecast By Products (Tractors ( Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Harvesters (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Threshers (Up To 30 HP & 30.1 HP- 70 HP), Pumps (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP, 130.1 HP- 200 HP & Above
Commercial Application To Drive The Growth Of UPS Systems In Vietnam - 6Wresearc …
UPS systems are witnessing mounting adoption by different end-user applications ranging from residential households, small commercial offices to large industrial enterprises. Moreover, factors such as inflow of FDI in industrial and manufacturing segments, growing power demand and increasing infrastructure projects in Vietnam have further fueled the demand for UPS systems in the country. According to 6Wresearch, Vietnam UPS Systems Market Revenues are projected to grow at a CAGR of 4.7% during
India Building Automation and Control Market (2017-23)
Market Forecast by Types (HVAC (Thermostat Controller, Zone & Climate Control, Temperature Sensor and Others), Lighting & Control System (Relay System & Controllable Breaker, Sensors & Dimming Systems and Others), Safety & Security System (Video Surveillance Systems, Access Control Systems, Intrusion Detection Systems and Fire & Safety Equipment) and Others), Verticals (Government & Transportation, Retail, Commercial Offices, Residential, Healthcare & Hospitality and Others), Regions (Northern, Eastern, Western and Southern) and
India Dishwasher Market (2018-2024)
Market Forecast By Type (Free-Standing and Built-in), By Applications (Residential and Commercial), By Distribution Channels (Multi Branded Stores, Exclusive Stores and Others), By Regions (Northern, Eastern, Western and Southern) and Competitive Landscape. India dishwasher market is exhibiting a steady growth within the country. Currently, the market is categorized as a niche segment, however, with growing product awareness amongst consumers, the market is anticipated to gain acceleration over the coming years. Increasing

All 5 Releases


More Releases for Qatar

Qatar Telecoms, Mobile and Broadband Market Professional Survey, Size and Indust …
WiseGuyReports.com “Qatar - Telecoms, Mobile and Broadband - Statistics and Analyses” report has been added to its Research Database. Scope of the Report: Customers benefit from progressive telecoms market in Qatar. Qatar has increasingly become a progressive market for telecoms and a leader in the Middle East. In 2016 the country has a vast array of networks and services on offer including 4G, VoLTE, LTE-A, M2M and fibre-based technologies. It is also
Qatar Telecoms, Mobile and Broadband Market Professional Survey, Size and Indust …
WiseGuyReports.com “Qatar - Telecoms, Mobile and Broadband - Statistics and Analyses” report has been added to its Research Database. Scope of the Report: Qatar - Telecoms Customers benefit from progressive telecoms market in Qatar. Qatar has increasingly become a progressive market for telecoms and a leader in the Middle East. In 2016 the country has a vast array of networks and services on offer including 4G, VoLTE, LTE-A, M2M and fibre-based technologies. It
Snack Products Market in Qatar and GCC
TMR has pegged the Qatar and GCC snack product market to exhibit an impressive 9.6% CAGR between 2016 and 2024. At this pace the market is expected to reach US$2682.3 mn by the end of 2024 as against US$1103.6 mn in 2015. Among key products available in the market, the segment of potato specialty products is likely to witness the highest demand. In terms of packaging type, retain package
Qatar Telecom Market 2017: Key Players – Ooredoo Qatar, Vodafone Qatar, OSN, B …
SUMMARY WiseGuyReports published new report, titled “Qatar: Country Intelligence Report” "Qatar: Country Intelligence Report", a new Country Intelligence Report by provides an executive-level overview of the telecommunications market in Qatar today, with detailed forecasts of key indicators up to 2022. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile and pay-TV, as well
Qatar Telecom Market 2017: Key Players – Ooredoo Qatar, Vodafone Qatar, OSN, B …
SUMMARY WiseGuyReports published new report, titled “Qatar: Country Intelligence Report” "Qatar: Country Intelligence Report", a new Country Intelligence Report by provides an executive-level overview of the telecommunications market in Qatar today, with detailed forecasts of key indicators up to 2022. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile and pay-TV, as well
‘Qatar Education’ Receives Strong Endorsement
Fast advancing as the education hub of the Gulf Region, the Qatari Government are proudly positioning high level learning as a key resource of their country. A key achievement, this role will further realise the highly strategic and ambitious cornerstones of the Qatar National Vision 2030 that places focus on Human, Social, Economic and Environmental development – education and research being critical to these challenges. Qatar University (QU), the