SPOTLIGHT ON INDIAN ELECTRONICS Spotlight on Indian Electronics | Page 220

HIGH PRIORITY MARKET

3D printing in India, a $ 80 million biz by

2021

Key Players in India

Altem Technologies( P) Ltd. # 4, 1st Floor,‘ Asha Mansion’ 6th Cross, 6th Block, Opp. Koramangala Club, Koramangala, Bangalore – 560 095, Karnataka T: + 91-80-4150 6070 F: + 91-80-4153 9734 E: enquiry @ altem. com W: www. altem. com
Brahma3 # 361, 2nd Floor, Shree Bhagavathi complex,, Gokula 1st stage, 2nd Phase, Bangalore- 560054, T: + 91 88610 64660 E: info @ brahma3. com W: www. brahma3. com
Imaginarium( India) Pvt. Ltd. The Great Oasis, Plot No: D-13, 7th Floor, Road No 21, MIDC, Marol Industrial Area, Andheri( E), Mumbai- 400093, Maharashtra, India T: + 91-22-6738 0100 E: info @ imaginarium. co. in W: imaginarium. co. in
Cycloid Engineering Private Limited Unit No 27, 6th Cross, Kaverinagar, Masjid Rd, Off K C Halli Rd, Bangalore- 560068, India T: + 91 80880 12040 E: contact @ cycloid. in W: cycloid. in
think3D Daksha Online Services Pvt. Ltd. 1st Floor, 6-3-661 / B / 2, Sangeeth Nagar, Somajiguda, Hyderabad – 500082. India T: 040-3091 1007. E: info @ think3d. in W: think3d. in
Stratasys: 3D Printing Solutions Ground Floor, Salarpuria Cambridge Mall, No. 9, Cambridge Road, Ulsoor, Bangalore- 560008 E: marketing _ in @ stratasys. com W: stratasys. com
3D Systems India First Floor, Alvaro Avenue, CHOGM Road, Porvorim, Pilerne, Goa- 403521 T: 0832 300 8300 W: 3dsystems. com
LeapFrog PO BOX 252, 2400 AG Alphen aan den Rijn, The Netherlands T: + 31( 0) 172 503 625 E: Info @ lpfrg. com W: lpfrg. com
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.
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