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 ,
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India Players
Altem Technologies , Imaginarium ,
Brahma 3 , KCbots , 3Ding ( REDD
Robotics ) and JGroup Robotics .
|