Market Highlights:
3D technology has made a revolutionary change in the various markets such as entertainment and media, gaming, healthcare, automobile and other fields. 3D technology has changed the entertainment industry in a revolutionary way by introducing 3D movies with help of 3D displays, 3D Camera, 3D sounds which enhances the user experience and drive the 3D technology market in entertainment industry. 3D technology also booming the market of automobile industry due to introduction and adoption of 3D printing. However, 3D printing results in innovative changes in manufacturing process which results in stronger, lighter and durable vehicles in low cost. Strati known as world’s first 3D printed cars, manufactured by local motors, is a perfect example of 3D printing application in automobile industry.
Light Cocoon, Genesis, Urbee are other 3D printed cars. 3D technology is also used in the healthcare industry to examine patients, using 3D model, however it helps doctors and surgical teams to prepare for the surgery using the 3D model of a part of patient’s body which reduces surgery time, also helps patient to fully understand the surgical procedure. Also, 3D printing is used in personalized prosthetics, bio-printing, tissue engineering, pharmacology, to make 3D printed skins for burn victims, which are expected to grow the market of healthcare industry along with 3D technology market. However, lack of infrastructure, lower awareness are restraining the market growth.
3D devices provide high quality of services such as high resolution, accuracy, high quality displays, which are responsible for the growth of 3D technology market. The increasing adoption of 3D technology in various applications of industries such as, aerospace, healthcare, automobile, entertainment and media results in the 3D technology market growth.
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Major Key Players:
- 3D Systems, Inc. (U.S.),
- 3D Hubs (Netherland),
- WASP 3D (Italy),
- Voxel8, Inc. (US),
- Faro Technologies, Inc. (US),
- Hexagon AB (Sweden),
- HP Development Company, L.P. (US),
- Panasonic Corporation (Japan),
- ExOne (US),
- Sony Corporation (Japan),
among others, are profiled in Market Research Future analysis and are at the forefront of competition in the 3D Technology market.
According to Market Research Future, the 3D Technology Market is growing rapidly over 15% of CAGR and is expected to reach at USD 145 billion by the end of forecast period.
Global 3D Technology Market: Industry Updates
A neurological surgery program of Northwestern Medicine Lake Forest Hospital had received a grant of USD 50,000. This program utilizes 3D animation technology and virtual reality technology through iPad in order to provide patients with an explanation for various medical conditions.
BASF, one of the leading providers of automotive solutions, has announced that it has signed a deal of partnership with a major supplier of 3D printing technology, Materialise. This partnership is aiding these companies for working together in an open business model for providing improved software and materials for multiple 3D printing technologies.
an electronic medical device manufacturer, EMTEL, has announced the selection of 3DGence’s 3D printers for its product prototyping and parts supply.
Lamborghini, the leading luxury cars brand, has announced its collaboration with Carbon for 3D printing the automotive parts for approximately 1000 Urus Super SUVs that are being produced this year.
Segmentation
The global market for 3D technology is segmented on the basis of product type and application. Based on product type, the global 3D technology market has been segmented into 3D printer, 3D scanner, 3D glasses, 3D camera, 3D image designing, and 3D display technology. Based on applications, the global 3D technology market has been segmented into healthcare, media and entertainment, government, aerospace & defense, manufacturing, architecture, and others.
Regional Analysis:
Geographically, the global 3D technology market has been segmented into four major regions such as North America, Europe, Asia Pacific, and the rest of the world. The North America region commands the maximum share of the global 3D technology market owing to the rapid adoption of 3D technology in various sectors such as industrial manufacturing, automotive parts manufacturing, aerospace and defense, healthcare, media and entertainment and others, increasing investments for incorporation of 3D printing technology in various industries to fasten the manufacturing process and improve the accuracy of the end-products, and high demand for 3D technology in media and entertainment in order to fulfill the increasing demand from the consumers across the globe. The Europe region is projecting notable growth in the global 3D technology market owing to the easy adoption of advanced 3D technology to carry out extensive research and development in the healthcare sector and increasing application of 3D technology in industrial manufacturing and aerospace and defense sector in this region. The Asia Pacific region is projecting significant growth in the global 3D technology market owing to the high demand for 3D technology in various industries and increasing adoption of technologically advanced solutions in the emerging economies of this region.
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Intended Audience
- Technology Investors
- Healthcare Companies
- Government Organizations
- Research/Consultancy firms
- Defense Organizations
- Original equipment manufacturers (OEMs)
- Research/Consultancy firms
LIST OF TABLES
TABLE 1 3D TECHNOLOGY MARKET, BY PRODUCT TYPE
TABLE 2 3D TECHNOLOGY MARKET, BY APPLICATION
TABLE 3 3D TECHNOLOGY MARKET, BY GEOGRAPHY
TABLE 4 NORTH AMERICA 3D TECHNOLOGY MARKET, BY PRODUCT TYPE
TABLE 5 NORTH AMERICA 3D TECHNOLOGY MARKET, BY DEPLOYMEMNT
Continued……
LIST OF FIGURES
Figure 1 Research Network Solution
Figure 2 3d Technology Market: By Product Type (%)
Figure 3 3d Technology Market: By Application (%)
Figure 4 3d Technology Market: By Region
Figure 5 North America 3d Technology Market, By Product Type (%)
Figure 6 North America 3d Technology Market, By Application (%)
Figure 7 Europe 3d Technology Market, By Product Type (%)
Continued……
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