3D printing in the emerging markets: South Africa South Africa 3D Printing | Page 2

The South Africa 3D printing market is forecast to grow at a CAGR of XX%
during the forecast period 2019 to 2024. 3D Printing market is growing at an
exponential rate in South Africa owing to increasing investment in additive
manufacturing of titanium in the region, technological advancement and
Moreover, rising use of 3D printing technology by small and medium scale
industry boost the 3d Printing market in South Africa. However, Factors such
as lack of government support, higher prices of software required for 3D
printing will hinder the growth of the market during the projected period. One
of the major trends which will influenced the South Africa 3D printing market
during the forecast period is the application of 3D printing technology in the
medical field which covers Nano medicines and pharmaceuticals.
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South Africa 3D printing market, by use:
Commercial and personal. The commercial sector dominates the 3D printing
market in South Africa owing to the wide range of application in wide range of
application in education, consumer products, food & culinary, and printed
electronics verticals. Furthermore, rising demand form small and medium
scale industries and Increasing awareness about the benefits of using 3D
printing over conventional methods of manufacturing is propelling the market
growth.
South Africa 3D printing market, Based on technology:
PolyJet, Stereolithography, Fused Deposition Modelling (FDM), Electron Beam
Melting (EBM), selective Laser Sintering (SLS) and other. The fused deposition
modelling segment accounted for the largest market share owing to its rising
demand across various 3D printing processes and advantages offered
including ease of use and cost efficiency as compared to other technologies.
South Africa 3D printing market, by application:
Prototyping, Tooling and Functional part manufacturing. Among the
considered segments prototyping segment is expected to dominate the