The India 3D printer market is expected |
Automotive, Medical, Industrial, |
to cross $ 79 million by 2021, with |
Aerospace & Military, Educational, |
automotive applications accounting for |
Architectural & Others, and end use |
the biggest chunk of business. |
include private, commercial and |
Educational and medical applications |
industrial. |
are also expected to witness good growth. |
3D v. CNC |
Other niche applications include arts |
Amongst all 3D printing technologies, |
and crafts, interior decoration, fashion |
FDM-based 3D printers dominates the |
accessories, footwear designs, jewelry |
overall market. Low cost and ease of |
designs, animation and gaming, |
availability of these printers have led for |
customized footwear designs, furniture |
their majority of the market revenues. In |
and modeling. |
the industrial application, 3D printer |
These are findings from a study by |
market faces major challenge from CNC |
6Wresearch--“ India 3D Printer Market |
machines( used for modeling), which |
( 2015-2021)”--covering the India 3D |
costs much less than 3D printers in |
printer market by technology, |
India, thus increases reluctance among |
application, end uses and region. |
the consumers to opt for 3D printers. |
3D printer is the next-generation printing technology in additive manufacturing and is in its nascent stage in many countries. However, with the expiry of the key patents, low cost of production, increasing awareness and penetration, and advancements in material research, 3D printer market is |
However, with the expected price decline, increasing market awareness, coupled with major transformation such as easier design capabilities, compatibility for mass production and manufacturing of large format object,
India’ s 3D printer market to witness healthy growth in the near future.
|
expected to witness tremendous growth |
Globally established players, such as |
in the coming years. |
Stratasys, 3D Systems and Optomec, are |
India accounts for major potential growth for domestic manufacturers, local assemblers and distributors due to increasing use of rapid prototyping and
3D modeling across various industry sectors. India primarily imports 3D printers in the country from countries such as China, U. S. and Germany.
However, with government initiatives to boost domestic manufacturing like the
“ Make in Campaign”, many local
|
gradually making their footprints in
India, through partnerships and alliances with India based technology firms. Other major global players in 3D printing market include Sintermask( Fabbster),
3D Systems, Leapfrog and Flashforge.
Major players active in India 3D printing market( including manufacturers and distributors) include Altem Technologies,
Imaginarium, Brahma 3, KCbots, 3Ding
( REDD Robotics) and JGroup Robotics.
|
players are expected to emerge in the forecast period. |
Global players
Stratasys, 3D Systems and Optomec
|
The report estimates and forecast market by technology such as Fused
Deposition Modeling( FDM), Selective
|
Sintermask( Fabbster), Leapfrog and
Flashforge
|
Laser Sintering( SLS), Stereo lithography( SLA), Poly jet and Multi-Jet Modeling
( MJM). The report also segregates market into different application i. e.
Electronics & Consumer Goods,
|
India Players
Altem Technologies, Imaginarium,
Brahma 3, KCbots, 3Ding( REDD
Robotics) and JGroup Robotics.
|