openPR Logo
Press release

MENA Manufacturing 3D Printing Market Major Geographies, Prominent Players Review and Forecast 2021 to 2027 | 3D Systems Corporation, Arcam EBM, The ExOne Company

MENA Manufacturing 3D Printing Market Major Geographies,

MENA Manufacturing 3D printing Market was valued at US$ 128.83 Million in 2019 and is anticipated to reach US$ 268.57 Million by 2025 displaying an elevated CAGR of 13% over the forecast period (2019-2025). 3D printing completely reinvents the way things are conceived, designed, produced, and distributed, significantly lowering development and production costs, immensely simplifying logistics, and lowering carbon footprint. It holds great potential to revolutionize supply chains, and we are beginning to see an increase in the number of companies who turn to this form of manufacturing to stay competitive and create products faster. In so many ways, 3D printing’s history as a rapid prototyping technology has led to a major bias in machines, tools, and methods, which focus on trying to simplify the process of moving from design to part production. Currently, more than 60% of 3D-printed parts are printed for rapid prototypes.

Download Free Sample of this Report- https://univdatos.com/get-a-free-sample-form-php/?product_id=7271

3D printing also allows manufacturers to prototype more successfully, as they can print a new model/part with every advancement or amendment of the design, through a simple tweak on the software, printed instantly. Thus, saving time and money rather than if they had to produce new molds each time. 3D printing also allows for incredible volumes to be produced in a short time frame. HP customer SmileDirectClub uses Mult Jet Fusion 3D printing solutions to produce more than 50,000 personalized molds each day and anticipates printing nearly 20 million mouth molds over the 12 months alone.

Based on components, the market is bifurcated into products, material, services, and software. The product (Printer) segment dominated the market, accounting for 36.4% share in 2018. 3D printing is a very precise manufacturing process. The product designed by 3D-printer utilizes raw materials, no cutting down, no leftover material, no need to reprocess the materials. Therefore, it’s only an additive process and not subtractive. By being an additive process, 3D manufacturing reduces material waste, as well as processing time and required equipment.

The manufacturing 3D printing printer product market is further sub-segmented into professional/industrial printers and personal/desktop 3D printers. The desktop 3D Printer is expected to witness a CAGR growth of 14.7% during the analyzed period. The industrial plastic 3D printing is based on powder. This powder can be a mixture of different elements. The most basic one is fine polyamide powder. Additionally, it can be enhanced with aluminum particles like our Alumide material.

Amongst material used in 3D printing, the market is sub-segmented in polymer, plastic, metals and alloys, and ceramics. The polymer segment generated revenue of US$ 8.67 million in 2018. The metal 3D printing is pretty powerful and leaders of their industry such as Airbus already utilize this production method to manufacture their fully functional parts. Based on service, the market is bifurcated into custom design and manufacturing and after-sales service.

Based on the technology, the market is bifurcated into stereolithography, selective laser sintering, electron beam melting, fused deposition modeling, laminated object manufacturing, and others. Fused deposition modeling dominated the market with 31.6% share in 2018. FDM 3D printers use plastic filament. The filament comes in a thin thread. It is pushed into a nozzle where it’s heated up, becoming flexible.

Download Free Sample of this Report- https://univdatos.com/get-a-free-sample-form-php/?product_id=7271

The several applications of 3D printing include functional parts, fit and assembly, prototype modeling, research, model casting, visual aids, presentation modeling, others. In 2018, functional parts manufacturing dominated the MENA manufacturing 3D Printing technology market generating US$ 33.87 million in revenue. For instance, the 3D printed functional parts used in aircraft include air ducts (SLS), wall panels (FDM), and even structural metal components (DMLS, EBM, DED).

Based on industry verticals, the market is bifurcated into food & beverage, jewelry, electronics, industrial machinery, packaging material, and others. The food & beverage segment occupied maximum revenue with 25.6% share in 2018 while the packaging material segment is expected to witness the highest CAGR growth of 13.8% during the forecasted period 2019-2025.

For a deep-dive analysis of the industry, detailed country-level analysis has been conducted to understand the overall penetration of 3D printing technology in the MENA manufacturing sector. Countries included in the analysis are UAE, Qatar, Saudi Arabia, Kuwait, Egypt, Algeria, and the Rest of MENA. UAE, Saudi Arabia, and Qatar constitute the most leading and active countries in operating 3D technology wherein they undertake several research and development initiatives to revolutionize the advanced technologies applications. The growing manufacturing sector in UAE, being a wide region, captures the maximum proportion of the 3D printing market in the MENA region. 3D printing has become one of the disruptive technologies that are expected to have a significant impact on the region’s manufacturing sector.

3D Systems Corporation, 3D Systems Corporation, Arcam EBM, The ExOne Company, Envision TEC, MCor Technologies, Royal DSM, Materialise NV, Stratasys, Voxeljet, 3D Systems Corporation manufacturing are some of the prominent players operating in the MENA manufacturing 3D printing market industry. Several M&A’s along with partnerships have been undertaken by these players to facilitate costumers with hi-tech and innovative products.

Download Free Sample of this Report- https://univdatos.com/get-a-free-sample-form-php/?product_id=7271

MENA Manufacturing 3D Printing Market Segmentation

Market Insights, by Component
• Product
o Professional/Industrial 3D Printers
o Personal/Desktop 3D Printers
• Material
o Polymer
o Plastic
o Metal and Alloys
o Ceramic
o Others
• Service
o Custom Design and Manufacturing
o After Sales Service
• Others (Software)

Market Insights, by Technology
• Fused Deposition Modelling
• Selective Laser Sintering
• Stereolithography
• Electron Beam Melting
• Laminated Object Manufacturing
• Others

Market Insights, by Application
• Functional Parts
• Fit and Assembly
• Prototype Modelling
• Education
• Metal Casting
• Visual Aids
• Presentation Modelling
• Others

Market Insights, by Industry Verticals
• Food & Beverage
• Jewelry
• Electronics
• Industrial Machinery
• Packaging Material
• Others

Market Insights, by Country
• United Arab Emirates
• Qatar
• Saudi Arabia
• Kuwait
• Egypt
• Algeria
• Rest of MENA

Top Company Profiles
• 3D Systems Corporation
• Arcam EBM
• The ExOne Company
• Envision TEC
• Mitsubishi Chemical Corporation
• MCor Technologies
• Royal DSM
• Materialise NV
• Stratasys
• Voxeljet

Request for full report- https://univdatos.com/report/mena-manufacturing-3d-printing-market/

CONTACT US
E-mail: sales@univdatos.com
Phone: +91 783860491
Address-: 4th & 5th Floor,
C80B, Sector 8, Noida,
Pin code- 201301, UP, India

About UnivDatos Market Insights

UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.

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 MENA Manufacturing 3D Printing Market Major Geographies, Prominent Players Review and Forecast 2021 to 2027 | 3D Systems Corporation, Arcam EBM, The ExOne Company here

News-ID: 2448533 • Views:

More Releases from UnivDatos Market Insights (UMI)

Airline Route Profitability Software Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos
Airline Route Profitability Software Market - Industry Size, Share, Growth & For …
The Airline Route Profitability Software Market is expected to grow at a steady rate of around 10% owing to the increased adoption of technologies such as artificial intelligence, mobile and conversational commerce coupled with business analytics and market intelligence. Thus, helping airlines to identify demand trends and increase profit margins by calculating and evaluating the cost of currently operated routes. Moreover, the rising need to find shorter as well as
Building Energy Management System Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos
Building Energy Management System Market - Industry Size, Share, Growth & Foreca …
Global Building Energy Management System market is expected to register a CAGR of around 11% over the period of 2022-2028. A building energy management system (BEMS) is a computer-based system that monitors and controls a building's electrical and mechanical equipment such as lighting, power systems, heating, and ventilation. Growth in technological advancement has made building energy management systems a vital component for managing energy demand, especially in large building sites.
Cloud Computing Market - Industry Analysis by Size, Share, Growth & Forecast (2022-2028) | UnivDatos
Cloud Computing Market - Industry Analysis by Size, Share, Growth & Forecast (20 …
Internet penetration rate and data generated yearly are some of the most prominent factors driving the growth of the cloud computing market because as the size of generated data increases the need for this data to be stored either in physical storage devices or in cloud storage also increases. Moreover, physical storage devices are easy to access but they are more expensive and less secure than cloud storage, there is
Perimeter Security Market Report 2022 - Global Business Trends, Emerging Growth, Key Factors, Business Development and Opportunities till 2028
Perimeter Security Market Report 2022 - Global Business Trends, Emerging Growth, …
Perimeter security refers to an integrated system that enables the physical security of a facility. It helps in protecting against unauthorized physical intrusion. Outdoor perimeter security includes technologies such as video surveillance systems, access control systems, communication and notification systems, and intruder detection systems. Recent technological advances have introduced infrared, microwave, radar, and seismic sensors. This has contributed to the robustness of these systems. Download a Sample Copy of this Report

All 5 Releases


More Releases for MENA

MENA Commercial Gyms Market Growth | MENA Hotel Fitness Centre Industry | Active …
November 2021 | MENA News Fitness brands are actively optimizing their existing business models as the industry faces disruption by offering diversified services such as personal training and group exercise Increase in Prevalence of Chronic Diseases: The prevalence of CVD is 10-15% in Middle East accounting for 34% of all deaths with ~55 Mn adults aged 20-79 years having diabetes in the region. Also, ~1-3% of population are affected with Cancer in
Market Insighs: Growth of Construction Sector in MENA Region to Bode Well for th …
Researchmoz added Most up-to-date research on "Truck Mounted Concrete Pump Market - MENA Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2024" to its huge collection of research reports. Truck mounted concrete pump is a construction equipment machine which is used for transporting liquid concrete by pumping. Rising building and construction activities and infrastructure development are the major drivers that drives the growth of truck mounted concrete pump market
MENA CLOUD ALLIANCE PIONEERS FOUNDATIONS FOR DIGITAL TRANSFORMATION
Dubai, 10 July 2017: The MENA Cloud Alliance, the region’s first industry association focused on cloud computing adoption, is breaking new ground in monitoring, identifying and resolving issues around cloud adoption regionally. The Alliance, which has a growing membership, provides a neutral platform to address opportunities and issues in the region. It provides a forum to generate dialogue, accelerate cloud computing and develop its impact on MENA’s digital economies. This
Digital Transformation Market Growth in MENA
Future Market Insights (FMI), with sharp focus on emerging regions, delivers key insights on the Middle East and North Africa (MENA) digital transformation market in its recent report titled “Digital Transformation Market: MENA Industry Analysis and Opportunity Assessment 2014 - 2020”. The MENA IT market is anticipated to grow at a single-digit CAGR during the forecast period. In contrast, the MENA digital transformation market is expected to expand at a
Getmo Arabia rebrands to Mondia Media MENA
Hamburg/Dubai, 2nd September 2013 – Middle East and North African region leading digital entertainment provider Getmo Arabia has renamed itself Mondia Media MENA as part of closer alignment with its parent company Mondia Media Group. Building on the experience of delivering cutting-edge digital content services directly to Middle Eastern consumers and through a variety of partnerships over the past four years, Mondia Media MENA will concentrate its product offerings and
Operators in MENA region ready for convergence
Orga Systems supports growth strategies Istanbul (Turkey) / Paderborn (Germany), 25th August 2009 - The Middle East region represents one of the world's fastest growing mobile subscription markets, even as the world economy struggles and slows, according to figures from Informa Telecoms & Media. As a consequence of its strategic business development activities in this region, Orga Systems continues to introduce its convergent product portfolio to leading operators. Operators need to position