Wednesday, September 2, 2015

Consumer 3D Printing Market: Industry News & Business Opportunities

Consumer 3D Printing Market Analysis: By Materials Used (Plastics, Metals, Ceramics, Form);By End Users (Households, Educational Institutions, Food Industry, Small & Medium Businesses)- With Forecast (2015 - 2020)

Browse Market Tables, Figures and an in-depth TOC on “Consumer 3D Printing Market” http://industryarc.com/Report/79/global-consumer-3d-printing-market-analysis.html

The Inception of 3D Printing happened in 90’s but was chained to industrial application.

It is noted that, the enterprise 3D Printing Market is very different from the Consumer Market. Though it's true that there are some similarities between them as organizations, the two markets are driven by different uses and requirements. The Consumer 3D Printing is a sub segment of the conventional 3D Printing Market. They are differentiated by a thin line. 3D printers are generally used in industries, but entry level printers which can produce products of relatively smaller volumes are currently available for purchase by households, hobbyists, educational institutions as these printers come at a very low cost.

According to Gartner, 3D printing is not one technology but seven different ones. "Hype around home use obfuscates the reality that 3D printing involves a complex ecosystem of software, hardware and materials whose use is not as simple to use as 'hitting print' on a paper printer". The seven different technologies each have pros and cons, and printers work with varying build sizes and materials. This means organizations must begin with the end products in mind: "First, determine the material, performance and quality requirements of the finished items first; second, determine the best 3D printing technology; and third, select the right 3D printer."


Market Brief:

From past 5 years the industry marked its entrance into consumer products. The Consumer 3D printing market is growing at a very fast pace with 45% CAGR for next five years. 3D Printing in Healthcare Market has also gained much prominence in the recent years due to the increasing number of applications in the Medical and Dental Surgeries along with the developments in Tissue Engineering. 
3D Printers are generally used in industries, but entry level printers which can produce products of relatively smaller volumes are currently available for purchase by households, hobbyists, educational institutions as these printers come at a very low cost. 

REPORT SCOPE:

Market Segmentation:
The Consumer 3D Printing Market is segmented based on various factors like:
  • Price Ranges: Less than $500, $500-$1000, $1000-$2000 and Greater than $2000
  • Materials used: plastics, metals, ceramics and form.
  • Ancillary market: Software Providers Analysis, 3D Scanners Market Analysis and Printing Service Providers Analysis
  • End users:  Homes, Educational Institutions, Small and Medium Businesses, Architects and Designers, Service Providers and Others.
  • Lastly, geography: Americas, Europe, APAC and RoW.


Key Players:

Many companies are vying to bring newer designs to attract consumers. Startups based on 3D printers for consumer products are also growing at a huge pace in North America and Europe. Makerbot is considered as the pioneer of this market which was followed by other companies like Solidoodle, Ultimake etc. These companies take up and improve on the specifications from the open source models in the RepRap community. Few companies mentioned in the report:
  • Arcam AB
  • Asiga
  • Beijing Tiertime Technology Co. Ltd
  • Biomedical Modeling Inc
  • Carima

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