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3D Ceramic Printer Market Forecast 2023-2032: Expanding Applications & Technologies in Various Industries

10-19-2023 01:38 PM CET | IT, New Media & Software

Press release from: Allied Market Research

3D Ceramic Printer Market

3D Ceramic Printer Market

According to the report, the global 3D ceramic printer industry generated $1.9 billion in 2022, and is anticipated to generate $12.7 billion by 2032, witnessing a CAGR of 21.4% from 2023 to 2032.

A 3D ceramic printer is a specialized variation of a 3D printer that is developed for producing three-dimensional items using ceramic substances. This printer functions according to the principles of additive manufacturing, wherein objects are constructed layer by layer, following a digital 3D model. In contrast to conventional ceramic manufacturing techniques that encompass the molding and firing of clay or other ceramic materials, 3D ceramic printing presents a more accurate and effective approach for crafting intricate ceramic parts.

Technological advancements and automation processes in 3D ceramic printer industry have surged the market growth. Furthermore, the adoption of 3D ceramic printing in rapid prototyping and product development cycles is expected to fuel market growth in upcoming years.

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The global 3D ceramic printer market is in its developing phase and exhibits high growth potential due to development and advancement in technology. In addition, integration of 3D printing with automation and digitalization in the manufacturing sector has benefited the growth of 3D ceramic printer industry.

For instance, in June 2023, Schaeffler Special Machinery, a German manufacturer of bearings used in the automotive and aerospace industries, announced the premiere of its own 3D printer, which is to combine metal with ceramics. The machine was presented at automatica 2023, dedicated to automation and industrial robotics. It combines metal and ceramics in one production process for multi-material 3D printing. Furthermore, this solution is anticipated to allow customers to take advantage of innovative material combinations, integrate new features into components & tools, and provide greater flexibility in product & tool design.

By end user, the automotive segment acquired the major share for the 3D ceramic printer market. This is attributed to the fact that the automotive industry implements rapid prototyping using 3D ceramic printing, enabling quick iterations and design validation for new components. Furthermore, ceramic materials have inherent wear-resistant properties, making them suitable for automotive applications that involve high friction and abrasive wear, such as brake components and engine parts. However, the architecture segment is expected to grow at the highest rate during the forecast period. This is attributed to the fact that 3D ceramic printing enables architects to realize complex and intricate geometries, including intricate facades, decorative features, and artistic sculptures that were once difficult to achieve using conventional manufacturing processes.

For Report Customization: https://www.alliedmarketresearch.com/3d-ceramic-printer-market-A144567

Based on technology, the stereolithography (SLA) segment held the highest market share in 2022, accounting for more than one-fourth of the global 3D ceramic printer market revenue, owing to the inherent capabilities of SLA technology for high resolution and fine detail. However, the selective laser sintering (SLS) segment is projected to manifest the highest CAGR of 26.5% from 2023 to 2032. This is attributed to the ability to produce complex and functional ceramic parts with SLS that caters to the unique needs of the industries.

Based on components, the solution segment held the highest market share in 2022, accounting for more than four-fifths of the global 3D ceramic printer market revenue and is estimated to maintain its leadership status throughout the forecast period, owing to the precision and resolution of 3D ceramic printers to produce more intricate and detailed ceramic objects. However, the service segment is projected to manifest the highest CAGR of 26.1% from 2023 to 2032, owing to the turnkey solutions offered by manufacturers and service providers that simplify the setup process for buyers, especially those new to 3D printing technology.

Region-wise, North America dominated the 3D ceramic printer market size in 2022. This was attributed to the region's strong aerospace sector, which is leveraging 3D ceramic printers for prototyping, rapid tooling, and manufacturing lightweight and high-temperature-resistant ceramic components. Furthermore, the healthcare industry in North America has been exploring various applications of 3D ceramic printing, including patient-specific implants, dental restorations, surgical guides, and medical devices. Thus, these factors benefit the 3D ceramic printer market forecast. However, Asia-Pacific is expected to witness a significant growth rate during the forecast period, owing to rising demand for customized and intricate ceramic products in various industries such as aerospace, healthcare, and automotive. Moreover, supportive government initiatives and increased investment in research and development have fostered the growth of the 3D ceramic printer market in Asia-Pacific, facilitating the expansion of this innovative technology in the region.

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Covid-19 scenario

• The demand for 3D ceramic printers increased considerably during the COVID-19 pandemic. This was attributed to a rise in demand for medical equipment, including ventilators and PPE.

• However, the closure of physical workplaces and restrictions on manufacturing facilities hindered the adoption and production of 3D ceramic printers. The pandemic also accelerated the need for innovative solutions, such as remote production capabilities and personalized manufacturing, potentially accelerating growth in the 3D ceramic printer market.

Leading Market Players: -

• 3D Systems, Inc
• Voxeljet AG
• Admatec BV
• Lithoz
• Wasp S.r.l.
• Tethon 3D
• 3dCeram
• Prodways
• DeltaBots
• Nanoe

The report provides a detailed analysis of these key players of the global 3D ceramic printer market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Access the full summary at: https://www.alliedmarketresearch.com/3d-ceramic-printer-market-A144567

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

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