Table of Content


"1    INTRODUCTION    38
1.1    STUDY OBJECTIVES    38
1.2    MARKET DEFINITION AND SCOPE    39
1.2.1    INCLUSIONS AND EXCLUSIONS    39
1.3    STUDY SCOPE    40
FIGURE 1    INDUSTRIAL 3D PRINTING MARKET: SEGMENTATION    40
1.3.1    YEARS CONSIDERED    41
1.4    CURRENCY & PRICING    41
1.5    STAKEHOLDERS    41
1.6    SUMMARY OF CHANGES    42
2    RESEARCH METHODOLOGY    43
2.1    RESEARCH DATA    43
FIGURE 2    INDUSTRIAL 3D PRINTING MARKET: RESEARCH DESIGN    43
2.1.1    SECONDARY AND PRIMARY RESEARCH    45
2.1.1.1    Key industry insights    46
2.1.2    SECONDARY DATA    46
2.1.2.1    List of key secondary sources    46
2.1.2.2    Key data from secondary sources    47
2.1.3    PRIMARY DATA    48
2.1.3.1    Breakdown of primary interviews    48
2.1.3.2    Key data from primary sources    49
2.2    MARKET SIZE ESTIMATION    49
2.2.1    BOTTOM-UP APPROACH    50
2.2.1.1    Approach for obtaining market size using bottom-up analysis (demand side)    50
FIGURE 3    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    50
FIGURE 4    MARKET SIZE ESTIMATION METHODOLOGY: (DEMAMD SIDE)—IDENTIFICATION OF ASPS AND SHIPMENTS OF INDUSTRIAL 3D PRINTERS    50
2.2.2    TOP-DOWN APPROACH    51
2.2.2.1    Approach to arrive at the market size using top-down analysis (supply side)    51
FIGURE 5    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    51
FIGURE 6    MARKET SIZE ESTIMATION METHODOLOGY: (SUPPLY SIDE)—ARRIVING AT TOTAL MARKET SIZE    52
2.2.3    MARKET PROJECTIONS    52
2.3    MARKET BREAKDOWN AND DATA TRIANGULATION    53
FIGURE 7    DATA TRIANGULATION    53

2.4    RESEARCH ASSUMPTIONS AND LIMITATIONS    54
2.4.1    ASSUMPTIONS    54
2.4.2    LIMITATIONS    55
2.5    RISK ASSESSMENT    55
3    EXECUTIVE SUMMARY    57
TABLE 1    SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY    57
3.1    REALISTIC SCENARIO    58
3.2    OPTIMISTIC SCENARIO    58
3.3    PESSIMISTIC SCENARIO    58
FIGURE 8    GROWTH PROJECTIONS OF INDUSTRIAL 3D PRINTING MARKET IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS    59
FIGURE 9    IMPACT OF COVID-19 ON INDUSTRIAL 3D PRINTING MARKET    59
FIGURE 10    PROTOTYPING APPLICATION TO DOMINATE INDUSTRIAL 3D PRINTING  MARKET IN 2021    60
FIGURE 11    PRINTERS SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD    60
FIGURE 12    DIRECT METAL LASER SINTERING TECHNOLOGY TO LEAD INDUSTRIAL
3D PRINTING MARKET DURING FORECAST PERIOD    61
FIGURE 13    AEROSPACE & DEFENSE SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD    61
FIGURE 14    NORTH AMERICA TO HOLD LARGEST SHARE OF INDUSTRIAL 3D PRINTING MARKET IN 2021    62
4    PREMIUM INSIGHTS    63
4.1    ATTRACTIVE OPPORTUNITIES IN INDUSTRIAL 3D PRINTING MARKET    63
FIGURE 15    ADVANCEMENTS IN 3D PRINTING TECHNOLOGY AND AFFORDABILITY ARE FACTORS DRIVING GROWTH OF INDUSTRIAL 3D PRINTING MARKET    63
4.2    INDUSTRIAL 3D PRINTING MARKET, BY OFFERING    64
FIGURE 16    PRINTERS SEGMENT TO HOLD LARGEST MARKET SHARE IN 2026    64
4.3    INDUSTRIAL 3D PRINTING MARKET, BY PROCESS    64
FIGURE 17    POWDER BED FUSION PROCESS TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD    64
4.4    INDUSTRIAL 3D PRINTING MARKET, BY INDUSTRY    65
FIGURE 18    AEROSPACE & DEFENSE INDUSTRY TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD    65
4.5    INDUSTRIAL 3D PRINTING MARKET IN NORTH AMERICA,  BY OFFERING AND INDUSTRY    65
FIGURE 19    PRINTERS SEGMENT AND AEROSPACE & DEFENSE INDUSTRY HELD LARGEST SHARES OF NORTH AMERICAN INDUSTRIAL 3D PRINTING MARKET IN 2021    65
4.6    INDUSTRIAL 3D PRINTING MARKET, BY COUNTRY    66
FIGURE 20    CHINA TO REGISTER HIGHEST CAGR IN INDUSTRIAL 3D PRINTING MARKET DURING FORECAST PERIOD    66

5    MARKET OVERVIEW    67
5.1    INTRODUCTION    67
5.2    MARKET DYNAMICS    68
FIGURE 21    IMPACT OF DRIVERS AND OPPORTUNITIES ON INDUSTRIAL 3D PRINTING MARKET    68
FIGURE 22    IMPACT OF RESTRAINTS AND CHALLENGES ON INDUSTRIAL 3D PRINTING MARKET    69
5.2.1    DRIVERS    69
5.2.1.1    Increased focus on high-volume production using 3D printing    69
5.2.1.2    Advancements in 3D printing software    70
FIGURE 23    3D PRINTING SOFTWARE ECOSYSTEM    71
5.2.1.3    Growing demand for 3D printing services    71
5.2.1.4    Development of advanced 3D printing materials    71
5.2.2    RESTRAINTS    72
5.2.2.1    High capital requirement for additive manufacturing    72
TABLE 2    RESTRAINTS – 2017 VS. 2020    72
5.2.2.2    Lack of standardization    72
5.2.3    OPPORTUNITIES    73
5.2.3.1    Smart manufacturing with Industry 4.0    73
5.2.3.2    Increasing investments in core printing technologies and specialized software    73
FIGURE 24    SHARES OF 3D PRINTING INVESTMENTS MADE THROUGH DIFFERENT CHANNELS    73
5.2.3.3    Positive impact of COVID-19 on 3D printing market    74
5.2.4    CHALLENGES    74
5.2.4.1    Threat of copyright violation    74
5.2.4.2    Adverse impact of large-scale 3D printing on environment    74
5.3    TARIFFS AND REGULATIONS    74
5.3.1    TARIFFS RELATED TO 3D PRINTERS    74
5.4    REGULATIONS    75
5.4.1    ASTM INTERNATIONAL    75
5.4.2    ISO TC 621    77
5.5    CASE STUDIES    77
5.5.1    FRAZER-NASH USED ADDITIVE MANUFACTURING TO PRODUCE FASTENERS REQUIRED DURING AIRCRAFT ASSEMBLY    77
5.5.2    RENISHAW HELPED HIETA TO MOVE METAL ADDITIVE MANUFACTURING FROM PROTOTYPING TO COMMERCIAL PRODUCTION OF ITS HEAT EXCHANGERS    77
5.5.3    METAL 3D PRINTING USED TO DEVELOP WISHBONE COMPONENT FOR MOTO2 MOTORCYCLE    77
5.5.4    IMR, RENISHAW, AND NTOPOLOGY IMPLEMENTED ADDITIVE MANUFACTURING FOR SPINAL IMPLANTS    78
5.5.5    EGAN ADOPTED DIGITAL WORKFLOW FOR REMOVABLE PARTIAL DENTURES    78
5.5.6    LOCKHEED MARTIN 3D PRINTS FUEL TANK SIMULATION WITH HELP FROM STRATASYS DIRECT MANUFACTURING    78
5.5.7    STRATASYS DIRECT MANUFACTURING BUILT FIRST 3D PRINTED PARTS TO FUNCTION ON EXTERIOR OF SATELLITE    78
5.5.8    FORD 3D PRINTED PARTS FOR ITS MUSTANG SHELBY GT500  SPORTS CAR    79
5.5.9    NANO DIMENSION AND HARRIS CORPORATION MANUFACTURED  
3D-PRINTED CIRCUIT BOARD FOR RF AMPLIFIERS    79
5.5.10    3D SYSTEMS PRODUCES ON-DEMAND MEDICAL EQUIPMENT DURING COVID-19    79
5.6    PRICING ANALYSIS    79
TABLE 3    ASP OF VARIOUS TYPES OF 3D PRINTERS BASED ON TECHNOLOGY    80
5.7    VALUE CHAIN ANALYSIS    80
FIGURE 25    VALUE CHAIN ANALYSIS OF INDUSTRIAL 3D PRINTING ECOSYSTEM: MATERIAL, SOFTWARE PROVIDERS, AND MANUFACTURING PHASES CONTRIBUTING THE MAXIMUM VALUE    80
5.8    ECOSYSTEM/MARKET MAP    82
FIGURE 26    INDUSTRIAL 3D PRINTING MARKET ECOSYSTEM    82
FIGURE 27    INDUSTRIAL 3D PRINTING MARKET PLAYER ECOSYSTEM    83
5.8.1    MATERIAL SUPPLIERS    83
5.8.1.1    Polymer providers    83
5.8.1.2    Metal providers    83
5.8.2    SOFTWARE PROVIDERS    84
5.8.3    PRINTER PROVIDERS    84
5.9    INDUSTRIAL 3D PRINTING MARKET: SUPPLY CHAIN    84
5.10    TECHNOLOGY ANALYSIS    85
TABLE 4    EMERGING 3D PRINTING TECHNOLOGIES    85
5.10.1    KEY EMERGING TECHNOLOGIES    86
5.10.1.1    Hybrid manufacturing    86
5.10.2    ADJACENT TECHNOLOGIES    86
5.10.2.1    CNC machining    86
5.11    TECHNOLOGY TRENDS    86
5.11.1    SHIFT TOWARD SERVICE PROVIDERS FOR FUNCTIONAL PARTS    87
5.11.2    DEVELOPMENT OF NEW MATERIALS IN INDUSTRIAL 3D PRINTING MARKET    87
TABLE 5    EMERGING TRENDS WITH MATERIALS IN 3D PRINTING MARKET    87
5.12    PATENT ANALYSIS    88
FIGURE 28    NUMBER OF PATENTS GRANTED FOR 3D PRINTING IN A YEAR, 2010-2020    88
FIGURE 29    TOP 10 COMPANIES WITH THE HIGHEST NUMBER OF GRANTED 3D PRINTING PATENTS IN THE LAST 10 YEARS    88
5.12.1    LIST OF MAJOR PATENTS    89
5.13    TRADE DATA    92
5.13.1    IMPORT SCENARIO    92
FIGURE 30    IMPORT DATA FOR HS CODE 8443, BY COUNTRY, 2016–2020    92
TABLE 6    IMPORT DATA FOR HS CODE 8443, BY COUNTRY, 2016–2020 (USD BILLION)    93
5.13.2    EXPORT SCENARIO    93
FIGURE 31    EXPORT DATA FOR HS CODE 8443, BY COUNTRY, 2016–2020    93
TABLE 7    EXPORT DATA FOR HS CODE 8443, BY COUNTRY, 2016–2020 (USD BILLION)    94
5.14    PORTER’S FIVE FORCES ANALYSIS    95
TABLE 8    PORTER’S FIVE FORCES IMPACT ON THE INDUSTRIAL 3D PRINTING MARKET    95
FIGURE 32    PORTER’S FIVE FORCES ANALYSIS: INDUSTRIAL 3D PRINTING MARKET    95
5.14.1    THREAT OF NEW ENTRANTS    96
5.14.2    THREAT OF SUBSTITUTES    96
5.14.3    BARGAINING POWER OF SUPPLIERS    96
5.14.4    BARGAINING POWER OF BUYERS    96
5.14.5    INTENSITY OF COMPETITIVE RIVALRY    97
5.15    TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS    97
FIGURE 33    YC-YCC SHIFT FOR THE INDUSTRIAL 3D PRINTING MARKET    97
6    INDUSTRIAL 3D PRINTING MARKET, BY OFFERING    98
6.1    INTRODUCTION    99
FIGURE 34    INDUSTRIAL 3D PRINTING OFFERINGS    99
FIGURE 35    PRINTERS SEGMENT TO HOLD LARGEST SHARE OF INDUSTRIAL 3D PRINTING MARKET DURING FORECAST PERIOD    99
TABLE 9    INDUSTRIAL 3D PRINTING MARKET, BY OFFERING,
2017–2020 (USD MILLION)    99
TABLE 10    INDUSTRIAL 3D PRINTING MARKET, BY OFFERING,
2021–2026 (USD MILLION)    100
6.2    PRINTERS    100
6.2.1    3D PRINTER IS PRIMARY HARDWARE COMPONENT USED IN INDUSTRIAL ADDITIVE MANUFACTURING    100
TABLE 11    INDUSTRIAL 3D PRINTING MARKET FOR PRINTERS, BY REGION,  
2017–2020 (USD MILLION)    101
TABLE 12    INDUSTRIAL 3D PRINTING MARKET FOR PRINTERS, BY REGION,  
2021–2026 (USD MILLION)    101
6.3    MATERIALS    101
6.3.1    MANUFACTURERS ARE INVESTING IN R&D FOR DEVELOPING NEW MATERIALS TO MEET GROWING DEMAND FOR 3D-PRINTED PRODUCTS    101
FIGURE 36    TYPES OF INDUSTRIAL 3D PRINTING MATERIALS    102
FIGURE 37    PLASTICS SUB-SEGMENT TO HOLD LARGEST SHARE OF INDUSTRIAL
3D PRINTING MARKET FOR MATERIALS IN 2026    102
TABLE 13    INDUSTRIAL 3D PRINTING MARKET FOR MATERIALS, BY TYPE,  
2017–2020 (USD MILLION)    102
TABLE 14    INDUSTRIAL 3D PRINTING MARKET FOR MATERIALS, BY TYPE,  
2021–2026 (USD MILLION)    103
TABLE 15    INDUSTRIAL 3D PRINTING MARKET FOR MATERIALS, BY REGION,  
2017–2020 (USD MILLION)    103
TABLE 16    INDUSTRIAL 3D PRINTING MARKET FOR MATERIALS, BY REGION,  
2021–2026 (USD MILLION)    103
6.3.2    PLASTICS    104
TABLE 17    INDUSTRIAL 3D PRINTING MARKET FOR PLASTICS, BY PLASTIC MATERIAL TYPE, 2017–2020 (USD MILLION)    104
TABLE 18    INDUSTRIAL 3D PRINTING MARKET FOR PLASTICS, BY PLASTIC MATERIAL TYPE,  2021–2026 (USD MILLION)    104
6.3.2.1    Thermoplastics    104
6.3.2.1.1    Acrylonitrile butadiene styrene (ABS)    104
6.3.2.1.1.1    Acrylonitrile butadiene styrene is mainly used in form of filaments, powders, or resins in 3D printing    104
TABLE 19    GENERAL TECHNICAL SPECIFICATIONS OF ABS    105
6.3.2.1.2    Polylactic acid (PLA)    105
6.3.2.1.2.1    Polylactic acid is derived from natural resources that are not petrochemical based    105
TABLE 20    GENERAL TECHNICAL SPECIFICATIONS OF PLA    106
6.3.2.1.3    Nylon    106
6.3.2.1.3.1    Nylon filament is useful for making objects that require flexibility and strong self-bonding between layers    106
TABLE 21    GENERAL TECHNICAL SPECIFICATIONS OF NYLON    106
6.3.2.1.4    Others    107
6.3.2.1.4.1    Polypropylene    107
TABLE 22    GENERAL TECHNICAL SPECIFICATIONS OF POLYPROPYLENE    107
6.3.2.1.4.2    Polycarbonate    107
TABLE 23    GENERAL TECHNICAL SPECIFICATIONS OF POLYCARBONATE    108
6.3.2.1.4.3    Polyvinyl alcohol (PVA)    108
TABLE 24    GENERAL TECHNICAL SPECIFICATIONS OF PVA    108
6.3.2.1.5    Photopolymers    109
6.3.3    METALS    109
TABLE 25    INDUSTRIAL 3D PRINTING MARKET FOR METALS, BY TYPE,
2017–2020 (USD MILLION)    109
TABLE 26    INDUSTRIAL 3D PRINTING MARKET FOR METALS, BY TYPE,
2021–2026 (USD MILLION)    110
6.3.3.1    Steel    110
6.3.3.1.1    Stainless steel is infused with other materials such as bronze for 3D printing    110
6.3.3.2    Aluminum    110
6.3.3.2.1    Aluminum is mostly used to build complex models, small series of models, and functional models    110
6.3.3.3    Titanium    111
6.3.3.3.1    Direct metal laser sintering used to design 3D model with titanium    111
TABLE 27    INDUSTRY-WISE PROPERTIES AND APPLICATIONS OF TITANIUM    111
6.3.3.4    Alloys (Inconel and CoCr)    111
6.3.3.4.1    Parts 3D-printed with Inconel can withstand extreme environmental conditions    111
6.3.3.5    Other metals    112
6.3.3.5.1    Gold    112
6.3.3.5.1.1    Gold is mostly used for making jewelry by using wax 3D printing and lost wax casting    112
6.3.3.5.2    Silver    112
6.3.3.5.2.1    Silver is mainly used for producing jewelry and ornaments    112
6.3.3.5.3    Other metal powders    112
6.3.4    CERAMICS    112
6.3.4.1    Glass    113
6.3.4.1.1    SLS and FDM are most commonly implemented methods to 3D print objects using glass powders    113
6.3.4.2    Silica    113
6.3.4.2.1    Silica is used for polishing and grinding of glass and stones in 3D printing    113
6.3.4.3    Quartz    113
6.3.4.3.1    Quartz material is known for its thermal and chemical stability    113
6.3.4.4    Other ceramics    113
6.3.5    OTHER MATERIALS    113
6.4    SOFTWARE    114
6.4.1    SOFTWARE PROGRAMS ARE REQUIRED TO DEVELOP 3D DIGITAL MODELS    114
FIGURE 38    TYPES OF INDUSTRIAL 3D PRINTING SOFTWARE    114
FIGURE 39    PRINTING SUB-SEGMENT TO HOLD LARGEST SHARE OF INDUSTRIAL
3D PRINTING MARKET FOR SOFTWARE IN 2026    114
TABLE 28    INDUSTRIAL 3D PRINTING MARKET FOR SOFTWARE, BY TYPE,
2017–2020 (USD MILLION)    115
TABLE 29    INDUSTRIAL 3D PRINTING MARKET FOR SOFTWARE, BY TYPE,
 2021–2026 (USD MILLION)    115
TABLE 30    INDUSTRIAL 3D PRINTING MARKET FOR SOFTWARE, BY REGION,  
2017–2020 (USD MILLION)    115
TABLE 31    INDUSTRIAL 3D PRINTING MARKET FOR SOFTWARE, BY REGION,  
2021–2026 (USD MILLION)    116
6.4.2    DESIGN SOFTWARE    116
6.4.2.1    Design software in industrial 3D printing is used to create parts, assemblies, and drawings    116
6.4.3    INSPECTION SOFTWARE    117
6.4.3.1    Inspection software is developed to check compliance of  3D-printed products with required specifications    117
6.4.4    PRINTING SOFTWARE    117
6.4.4.1    Printing software ensures high precision of parts developed  
via printers    117
6.4.5    SCANNING SOFTWARE    117
6.4.5.1    Scanning software allows users to scan physical objects  and create digital models or designs    117
6.5    SERVICES    117
6.5.1    3D PRINTING TECHNOLOGY IS CHANGING HOW COMPANIES PRODUCE AND ADD VALUE TO THEIR PRODUCTS THROUGH SERVICES    117
FIGURE 40    TYPES OF INDUSTRIAL 3D PRINTING SERVICES    118
FIGURE 41    MANUFACTURING SOLUTION SEGMENT TO HOLD LARGER SHARE OF INDUSTRIAL 3D PRINTING MARKET FOR SERVICES IN 2021    118
TABLE 32    INDUSTRIAL 3D PRINTING MARKET FOR SERVICES, BY TYPE,
2017–2020 (USD MILLION)    118
TABLE 33    INDUSTRIAL 3D PRINTING MARKET FOR SERVICES, BY TYPE,
2021–2026 (USD MILLION)    119
TABLE 34    INDUSTRIAL 3D PRINTING MARKET FOR SERVICES, BY REGION,  
2017–2020 (USD MILLION)    119
TABLE 35    INDUSTRIAL 3D PRINTING MARKET FOR SERVICES, BY REGION,  
2021–2026 (USD MILLION)    119
6.5.2    MANUFACTURING SERVICES    120
6.5.2.1    Manufacturing services include technical services, training services, quality management services, applications, and  R&D services    120
6.5.3    CONSULTING SERVICES    120
6.5.3.1    Consulting services help manufacturing companies set up production facilities and assess product performance and quality    120
6.6    IMPACT OF COVID-19 ON 3D PRINTER OFFERINGS    120
6.6.1    MOST-AFFECTED SEGMENT    120
6.6.2    LEAST-AFFECTED SEGMENT    120
7    INDUSTRIAL 3D PRINTING MARKET, BY PROCESS    121
7.1    INTRODUCTION    122
FIGURE 42    INDUSTRIAL 3D PRINTING MARKET, BY PROCESS    122
FIGURE 43    POWDER BED FUSION PROCESS TO HOLD LARGEST SHARE OF INDUSTRIAL  3D PRINTING MARKET DURING FORECAST PERIOD    123
TABLE 36    INDUSTRIAL 3D PRINTING MARKET, BY PROCESS,
2017–2020 (USD MILLION)    123
TABLE 37    INDUSTRIAL 3D PRINTING MARKET, BY PROCESS,
2021–2026 (USD MILLION)    123
7.2    BINDER JETTING    124
7.2.1    BINDER JETTING WORKS WITH ALL TYPES OF MATERIALS AVAILABLE IN POWDERED FORMS    124
FIGURE 44    BINDER JETTING PROCESS    125
TABLE 38    INDUSTRIAL 3D PRINTING MARKET FOR BINDER JETTING, BY APPLICATION,  2017–2020 (USD MILLION)    125
TABLE 39    INDUSTRIAL 3D PRINTING MARKET FOR BINDER JETTING, BY APPLICATION,  2021–2026 (USD MILLION)    125
7.3    DIRECT ENERGY DEPOSITION    126
7.3.1    DIRECT ENERGY DEPOSITION MACHINE HAS HEAD THAT CONSISTS OF NOZZLE AFFIXED TO MULTI-AXIS ARM    126
FIGURE 45    DIRECT ENERGY DEPOSITION PROCESS    126
TABLE 40    INDUSTRIAL 3D PRINTING MARKET FOR DIRECT ENERGY DEPOSITION,
BY APPLICATION, 2017–2020 (USD MILLION)    126
TABLE 41    INDUSTRIAL 3D PRINTING MARKET FOR DIRECT ENERGY DEPOSITION,
 BY APPLICATION, 2021–2026 (USD MILLION)    127
7.4    MATERIAL EXTRUSION    127
7.4.1    FUSED DEPOSITION MODELING (FDM) IS USED IN MATERIAL EXTRUSION PROCESS    127
FIGURE 46    MATERIAL EXTRUSION PROCESS    127
TABLE 42    INDUSTRIAL 3D PRINTING MARKET FOR MATERIAL EXTRUSION,
 BY APPLICATION,  2017–2020 (USD MILLION)    128
TABLE 43    INDUSTRIAL 3D PRINTING MARKET FOR MATERIAL EXTRUSION,
BY APPLICATION,  2021–2026 (USD MILLION)    128
7.5    MATERIAL JETTING    128
7.5.1    MATERIAL JETTING IS ALSO KNOWN AS MULTI-JET MODELING, DROP ON DEMAND, THERMOJET, INKJET PRINTING, AND PHOTOPOLYMER JETTING    128
FIGURE 47    MATERIAL JETTING PROCESS    129
TABLE 44    INDUSTRIAL 3D PRINTING MARKET FOR MATERIAL JETTING, BY APPLICATION,  2017–2020 (USD MILLION)    129
TABLE 45    INDUSTRIAL 3D PRINTING MARKET FOR MATERIAL JETTING, BY APPLICATION,  2021–2026 (USD MILLION)    129
7.6    POWDER BED FUSION    130
7.6.1    POWDER BED FUSION PROCESS USES ELECTRON OR LASER BEAMS TO MELT AND FUSE MATERIAL POWDERS    130
FIGURE 48    POWDER BED FUSION PROCESS    130
TABLE 46    INDUSTRIAL 3D PRINTING MARKET FOR POWDER BED FUSION,
BY APPLICATION,  2017–2020 (USD MILLION)    130
TABLE 47    INDUSTRIAL 3D PRINTING MARKET FOR POWDER BED FUSION,
BY APPLICATION,  2021–2026 (USD MILLION)    131
7.7    SHEET LAMINATION    131
7.7.1    SHEET LAMINATION PROCESS IS MOSTLY USED WHEN METAL OR PAPER IS USED AS PRINTING MATERIAL    131
FIGURE 49    SHEET LAMINATION PROCESS    131
TABLE 48    INDUSTRIAL 3D PRINTING MARKET FOR SHEET LAMINATION,
BY APPLICATION,  2017–2020 (USD MILLION)    132
TABLE 49    INDUSTRIAL 3D PRINTING MARKET FOR SHEET LAMINATION,
BY APPLICATION,  2021–2026 (USD MILLION)    132
7.8    VAT PHOTOPOLYMERIZATION    132
7.8.1    VAT PHOTOPOLYMERIZATION PROCESS USES STEREOLITHOGRAPHY AND DIGITAL LIGHT PROCESSING TECHNOLOGIES    132
FIGURE 50    VAT PHOTOPOLYMERIZATION PROCESS    133
TABLE 50    INDUSTRIAL 3D PRINTING MARKET FOR VAT PHOTOPOLYMERIZATION,
BY APPLICATION, 2017–2020 (USD MILLION)    133
TABLE 51    INDUSTRIAL 3D PRINTING MARKET FOR VAT PHOTOPOLYMERIZATION,
BY APPLICATION, 2021–2026 (USD MILLION)    133
8    INDUSTRIAL 3D PRINTING MARKET, BY TECHNOLOGY    134
8.1    INTRODUCTION    135
FIGURE 51    INDUSTRIAL 3D PRINTING TECHNOLOGIES    135
FIGURE 52    DIRECT METAL LASER SINTERING TECHNOLOGY TO LEAD INDUSTRIAL
 3D PRINTING MARKET DURING FORECAST PERIOD    136
TABLE 52    INDUSTRIAL 3D PRINTING MARKET, BY TECHNOLOGY,
2017–2020 (USD MILLION)    136
TABLE 53    INDUSTRIAL 3D PRINTING MARKET, BY TECHNOLOGY,
2021–2026 (USD MILLION)    137
TABLE 54    INDUSTRIAL 3D PRINTING MARKET, BY TECHNOLOGY, 2017–2020 (UNITS)    137
TABLE 55    INDUSTRIAL 3D PRINTING MARKET, BY TECHNOLOGY, 2021–2026 (UNITS)    138
8.2    STEREOLITHOGRAPHY    139
8.2.1    STEREOLITHOGRAPHY USES UV LASERS TO CURE AND SOLIDIFY THIN LAYERS OF PHOTO-REACTIVE RESIN    139
8.2.2    ADVANTAGES AND DISADVANTAGES OF STEREOLITHOGRAPHY  3D PRINTERS    139
TABLE 56    INDUSTRIAL 3D PRINTING MARKET FOR STEREOLITHOGRAPHY,
BY APPLICATION,  2017–2020 (USD MILLION)    140
TABLE 57    INDUSTRIAL 3D PRINTING MARKET FOR STEREOLITHOGRAPHY,
BY APPLICATION,  2021–2026 (USD MILLION)    140
8.3    FUSED DEPOSITION MODELING (FDM)    140
8.3.1    FDM IS HIGHLY USED TO CREATE CONCEPT MODELS AND FUNCTIONAL PARTS    140
8.3.2    ADVANTAGES AND DISADVANTAGES OF FUSED DEPOSITION MODELING TECHNOLOGY    140
TABLE 58    INDUSTRIAL 3D PRINTING MARKET FOR FDM, BY APPLICATION,  
2017–2020 (USD MILLION)    141
TABLE 59    INDUSTRIAL 3D PRINTING MARKET FOR FDM, BY APPLICATION,  
2021–2026 (USD MILLION)    141
8.4    SELECTIVE LASER SINTERING (SLS)    142
8.4.1    SELECTIVE LASER SINTERING 3D PRINTING TECHNOLOGY USES LASER BEAM TO FUSE POWDERED THERMOPLASTICS    142
8.4.2    ADVANTAGES AND DISADVANTAGES OF SELECTIVE LASER SINTERING    142
TABLE 60    INDUSTRIAL 3D PRINTING MARKET FOR SLS, BY APPLICATION,  
2017–2020 (USD MILLION)    142
TABLE 61    INDUSTRIAL 3D PRINTING MARKET FOR SLS, BY APPLICATION,  
2021–2026 (USD MILLION)    143
8.5    DIRECT METAL LASER SINTERING (DMLS)    143
8.5.1    DIRECT METAL LASER SINTERING IS USED FOR BUILDING METALLIC OBJECTS    143
8.5.2    ADVANTAGES AND DISADVANTAGES OF DIRECT METAL  LASER SINTERING    143
TABLE 62    INDUSTRIAL 3D PRINTING MARKET FOR DMLS, BY APPLICATION,
 2017–2020 (USD MILLION)    144
TABLE 63    INDUSTRIAL 3D PRINTING MARKET FOR DMLS, BY APPLICATION,  
2021–2026 (USD MILLION)    144
8.6    POLYJET PRINTING    144
8.6.1    POLYJET 3D PRINTING TECHNOLOGY IS USED TO DEVELOP MODELS WITH INTRICATE DETAILS AND COMPLEX GEOMETRIES    144
8.6.2    ADVANTAGES AND DISADVANTAGES OF POLYJET PRINTING    145
TABLE 64    INDUSTRIAL 3D PRINTING MARKET FOR POLYJET PRINTING, BY APPLICATION,  2017–2020 (USD MILLION)    145
TABLE 65    INDUSTRIAL 3D PRINTING MARKET FOR POLYJET PRINTING, BY APPLICATION,  2021–2026 (USD MILLION)    145
8.7    INKJET PRINTING    146
8.7.1    INKJET 3D PRINTING INVOLVES SELECTIVE DEPOSITION OF LIQUID BINDING AGENT TO JOIN POWDER PARTICLES    146
8.7.2    ADVANTAGES AND DISADVANTAGES OF INKJET PRINTING    146
TABLE 66    INDUSTRIAL 3D PRINTING MARKET FOR INKJET PRINTING, BY APPLICATION,  2017–2020 (USD MILLION)    146
TABLE 67    INDUSTRIAL 3D PRINTING MARKET FOR INKJET PRINTING, BY APPLICATION,  2021–2026 (USD MILLION)    147

8.8    ELECTRON BEAM MELTING (EBM)    147
8.8.1    ELECTRON BEAM MELTING TECHNOLOGY PRODUCES HIGH-DENSITY PARTS AND HAVE RELATIVELY GOOD MECHANICAL PROPERTIES    147
8.8.2    ADVANTAGES AND DISADVANTAGES OF ELECTRON BEAM MELTING    147
TABLE 68    INDUSTRIAL 3D PRINTING MARKET FOR EBM, BY APPLICATION,  
2017–2020 (USD MILLION)    147
TABLE 69    INDUSTRIAL 3D PRINTING MARKET FOR EBM, BY APPLICATION,  
2021–2026 (USD MILLION)    148
8.9    LASER METAL DEPOSITION (LMD)    148
8.9.1    LASER METAL DEPOSITION TECHNOLOGY INVOLVES REPAIR, CLADDING, AND PRODUCTION OF PARTS    148
8.9.2    ADVANTAGES AND DISADVANTAGES OF LASER METAL DEPOSITION    148
TABLE 70    INDUSTRIAL 3D PRINTING MARKET FOR LMD, BY APPLICATION,  
2017–2020 (USD MILLION)    149
TABLE 71    INDUSTRIAL 3D PRINTING MARKET FOR LMD, BY APPLICATION,  
2021–2026 (USD MILLION)    149
8.10    DIGITAL LIGHT PROCESSING (DLP)    149
8.10.1    DLP 3D PRINTING TECHNOLOGY IS SIMILAR TO STEREOLITHOGRAPHY AS BOTH TECHNOLOGIES USE PHOTOPOLYMERS AS MATERIALS    149
8.10.2    ADVANTAGES AND DISADVANTAGES OF DIGITAL LIGHT PROCESSING    149
TABLE 72    INDUSTRIAL 3D PRINTING MARKET FOR DLP, BY APPLICATION,  
2017–2020 (USD MILLION)    150
TABLE 73    INDUSTRIAL 3D PRINTING MARKET FOR DLP, BY APPLICATION,  
2021–2026 (USD MILLION)    150
8.11    LAMINATED OBJECT MANUFACTURING (LOM)    150
8.11.1    LAMINATED OBJECT MANUFACTURING USES SHEET LAMINATION PROCESS THAT INVOLVES PAPER AS PRINTING MATERIAL AND ADHESIVES FOR BINDING SHEETS    150
8.11.2    ADVANTAGES AND DISADVANTAGES OF LAMINATED OBJECT MANUFACTURING    150
TABLE 74    INDUSTRIAL 3D PRINTING MARKET FOR LOM, BY APPLICATION,  
2017–2020 (USD MILLION)    151
TABLE 75    INDUSTRIAL 3D PRINTING MARKET FOR LOM, BY APPLICATION,  
2021–2026 (USD MILLION)    151
8.12    OTHERS    151
TABLE 76    INDUSTRIAL 3D PRINTING MARKET FOR OTHERS, BY APPLICATION,  
2017–2020 (USD MILLION)    151
TABLE 77    INDUSTRIAL 3D PRINTING MARKET FOR OTHERS, BY APPLICATION,  
2021–2026 (USD MILLION)    152
9    INDUSTRIAL 3D PRINTING MARKET, BY APPLICATION    153
9.1    INTRODUCTION    154
FIGURE 53    INDUSTRIAL 3D PRINTING MARKET, BY APPLICATION    154
FIGURE 54    PROTOTYPING APPLICATION SEGMENT TO HOLD LARGER SHARE OF INDUSTRIAL  3D PRINTING MARKET DURING FORECAST PERIOD    154
TABLE 78    INDUSTRIAL 3D PRINTING MARKET, BY APPLICATION,
2017–2020 (USD MILLION)    155
TABLE 79    INDUSTRIAL 3D PRINTING MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    155
9.2    PROTOTYPING    156
9.2.1    PROTOTYPING IS BECOMING GLOBALLY ACCEPTED METHODOLOGY IN INDUSTRIAL MANUFACTURING PROCESSES    156
TABLE 80    INDUSTRIAL 3D PRINTING MARKET FOR PROTOTYPING, BY INDUSTRY,  2017–2020 (USD MILLION)    157
TABLE 81    INDUSTRIAL 3D PRINTING MARKET FOR PROTOTYPING, BY INDUSTRY,  2021–2026 (USD MILLION)    157
TABLE 82    INDUSTRIAL 3D PRINTING MARKET FOR PROTOTYPING, BY TECHNOLOGY,  2017–2020 (USD MILLION)    158
TABLE 83    INDUSTRIAL 3D PRINTING MARKET FOR PROTOTYPING, BY TECHNOLOGY,  2021–2026 (USD MILLION)    158
TABLE 84    INDUSTRIAL 3D PRINTING MARKET FOR PROTOTYPING, BY PROCESS,  
2017–2020 (USD MILLION)    159
TABLE 85    INDUSTRIAL 3D PRINTING MARKET FOR PROTOTYPING, BY PROCESS,  
2021–2026 (USD MILLION)    159
9.3    MANUFACTURING    159
9.3.1    3D PRINTING ENABLES INEXPENSIVE MANUFACTURING OF PRODUCTS IN SMALLER VOLUMES    159
TABLE 86    INDUSTRIAL 3D PRINTING MARKET FOR MANUFACTURING, BY INDUSTRY,  2017–2020 (USD MILLION)    160
TABLE 87    INDUSTRIAL 3D PRINTING MARKET FOR MANUFACTURING, BY INDUSTRY,  2021–2026 (USD MILLION)    161
TABLE 88    INDUSTRIAL 3D PRINTING MARKET FOR MANUFACTURING, BY TECHNOLOGY,  2017–2020 (USD MILLION)    161
TABLE 89    INDUSTRIAL 3D PRINTING MARKET FOR MANUFACTURING, BY TECHNOLOGY,  2021–2026 (USD MILLION)    162
TABLE 90    INDUSTRIAL 3D PRINTING MARKET FOR MANUFACTURING, BY PROCESS,  2017–2020 (USD MILLION)    162
TABLE 91    INDUSTRIAL 3D PRINTING MARKET FOR MANUFACTURING, BY PROCESS,  2021–2026 (USD MILLION)    163
10    INDUSTRIAL 3D PRINTING MARKET, BY INDUSTRY    164
10.1    INTRODUCTION    165
FIGURE 55    INDUSTRIES IN INDUSTRIAL 3D PRINTING MARKET    165
FIGURE 56    AEROSPACE & DEFENSE INDUSTRY TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL 3D PRINTING MARKET DURING FORECAST PERIOD    166
TABLE 92    INDUSTRIAL 3D PRINTING MARKET, BY INDUSTRY,
2017–2020 (USD MILLION)    166
TABLE 93    INDUSTRIAL 3D PRINTING MARKET, BY INDUSTRY,
2021–2026 (USD MILLION)    167
10.2    AUTOMOTIVE    168
10.2.1    PROTOTYPING IS BECOMING GLOBALLY ACCEPTED METHODOLOGY IN INDUSTRIAL MANUFACTURING PROCESS    168
TABLE 94    INDUSTRIAL 3D PRINTING MARKET FOR AUTOMOTIVE INDUSTRY,
BY APPLICATION,  2017–2020 (USD MILLION)    169
TABLE 95    INDUSTRIAL 3D PRINTING MARKET FOR AUTOMOTIVE INDUSTRY,
BY APPLICATION,  2021–2026 (USD MILLION)    169
TABLE 96    INDUSTRIAL 3D PRINTING MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION,  2017–2020 (USD MILLION)    169
TABLE 97    INDUSTRIAL 3D PRINTING MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION,  2021–2026 (USD MILLION)    169
10.3    AEROSPACE & DEFENSE    170
10.3.1    3D PRINTING ALLOWS FOR RELATIVELY INEXPENSIVE PRODUCTION OF PRODUCTS IN SMALLER VOLUMES    170
TABLE 98    3D PRINTING OFFERINGS FOR AEROSPACE & DEFENSE INDUSTRY    170
TABLE 99    INDUSTRIAL 3D PRINTING MARKET FOR AEROSPACE & DEFENSE INDUSTRY,  BY APPLICATION, 2017–2020 (USD MILLION)    171
TABLE 100    INDUSTRIAL 3D PRINTING MARKET FOR AEROSPACE & DEFENSE INDUSTRY,  BY APPLICATION, 2021–2026 (USD MILLION)    171
TABLE 101    INDUSTRIAL 3D PRINTING MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)    171
TABLE 102    INDUSTRIAL 3D PRINTING MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)    172
10.4    FOOD & CULINARY    172
10.4.1    3D PRINTING HELPS TO CREATE COMPLEX SHAPES USED IN FOOD & CULINARY INDUSTRY    172
TABLE 103    3D PRINTERS DESIGNED FOR FOOD MANUFACTURING    172
TABLE 104    INDUSTRIAL 3D PRINTING MARKET FOR FOOD & CULINARY INDUSTRY,
BY APPLICATION, 2017–2020 (USD MILLION)    173
TABLE 105    INDUSTRIAL 3D PRINTING MARKET FOR FOOD & CULINARY INDUSTRY,
BY APPLICATION, 2021–2026 (USD MILLION)    173
TABLE 106    INDUSTRIAL 3D PRINTING MARKET FOR FOOD & CULINARY INDUSTRY,
BY REGION, 2017–2020 (USD MILLION)    173
TABLE 107    INDUSTRIAL 3D PRINTING MARKET FOR FOOD & CULINARY INDUSTRY,
BY REGION, 2021–2026 (USD MILLION)    173
10.5    PRINTED ELECTRONICS    174
10.5.1    3D PRINTING ALLOWS FOR RELATIVELY INEXPENSIVE PRODUCTION OF PRODUCTS IN SMALLER VOLUMES    174
TABLE 108    INDUSTRIAL 3D PRINTING MARKET FOR PRINTED ELECTRONICS INDUSTRY,  BY APPLICATION, 2017–2020 (USD MILLION)    174
TABLE 109    INDUSTRIAL 3D PRINTING MARKET FOR PRINTED ELECTRONICS INDUSTRY,  BY APPLICATION, 2021–2026 (USD MILLION)    175
TABLE 110    INDUSTRIAL 3D PRINTING MARKET FOR PRINTED ELECTRONICS INDUSTRY, BY REGION, 2017–2020 (USD MILLION)    175
TABLE 111    INDUSTRIAL 3D PRINTING MARKET FOR PRINTED ELECTRONICS INDUSTRY, BY REGION, 2021–2026 (USD MILLION)    175
10.6    FOUNDRY & FORGING    176
10.6.1    3D PRINTING HAS EMERGED AS ESTABLISHED TECHNOLOGY IN FOUNDRY INDUSTRY    176
TABLE 112    INDUSTRIAL 3D PRINTING MARKET FOR FOUNDRY & FORGING INDUSTRY,  
BY APPLICATION, 2017–2020 (USD MILLION)    176
TABLE 113    INDUSTRIAL 3D PRINTING MARKET FOR FOUNDRY & FORGING INDUSTRY,  
BY APPLICATION, 2021–2026 (USD MILLION)    176
TABLE 114    INDUSTRIAL 3D PRINTING MARKET FOR FOUNDRY & FORGING INDUSTRY,
BY REGION, 2017–2020 (USD MILLION)    177
TABLE 115    INDUSTRIAL 3D PRINTING MARKET FOR FOUNDRY & FORGING INDUSTRY,
BY REGION, 2021–2026 (USD MILLION)    177
10.7    HEALTHCARE    177
10.7.1    METALS, POLYMERS, AND CERAMICS ARE WIDELY USED 3D PRINTING MATERIALS IN HEALTHCARE INDUSTRY    177
TABLE 116    INDUSTRIAL 3D PRINTING MARKET FOR HEALTHCARE INDUSTRY,
BY APPLICATION, 2017–2020 (USD MILLION)    178
TABLE 117    INDUSTRIAL 3D PRINTING MARKET FOR HEALTHCARE INDUSTRY,
BY APPLICATION, 2021–2026 (USD MILLION)    178
TABLE 118    INDUSTRIAL 3D PRINTING MARKET FOR HEALTHCARE INDUSTRY, BY REGION,  2017–2020 (USD MILLION)    179
TABLE 119    INDUSTRIAL 3D PRINTING MARKET FOR HEALTHCARE INDUSTRY, BY REGION,  2021–2026 (USD MILLION)    179
10.8    JEWELRY    179
10.8.1    JEWELERS USE CAD AND HIGH-RESOLUTION 3D PRINTERS TO CREATE
3D-PRINTED PATTERNS    179
TABLE 120    3D PRINTERS DESIGNED FOR JEWELRY MANUFACTURING    180
TABLE 121    INDUSTRIAL 3D PRINTING MARKET FOR JEWELRY INDUSTRY,
BY APPLICATION,  2017–2020 (USD MILLION)    180
TABLE 122    INDUSTRIAL 3D PRINTING MARKET FOR JEWELRY INDUSTRY,
BY APPLICATION,  2021–2026 (USD MILLION)    181
TABLE 123    INDUSTRIAL 3D PRINTING MARKET FOR JEWELRY INDUSTRY, BY REGION,  2017–2020 (USD MILLION)    181
TABLE 124    INDUSTRIAL 3D PRINTING MARKET FOR JEWELRY INDUSTRY, BY REGION,  2021–2026 (USD MILLION)    181
10.9    OIL & GAS    182
10.9.1    3D PRINTING IS USED TO MAKE PARTS USED IN OIL & GAS INDUSTRY THAT EXHIBIT CHEMICAL AND HEAT RESISTANCE    182
TABLE 125    INDUSTRIAL 3D PRINTING MARKET FOR OIL & GAS INDUSTRY,
BY APPLICATION,  2017–2020 (USD MILLION)    182
TABLE 126    INDUSTRIAL 3D PRINTING MARKET FOR OIL & GAS INDUSTRY,
BY APPLICATION,  2021–2026 (USD MILLION)    183
TABLE 127    INDUSTRIAL 3D PRINTING MARKET FOR OIL & GAS INDUSTRY, BY REGION,  2017–2020 (USD MILLION)    183
TABLE 128    INDUSTRIAL 3D PRINTING MARKET FOR OIL & GAS INDUSTRY, BY REGION,  2021–2026 (USD MILLION)    183
10.10    CONSUMER GOODS    184
10.10.1    3D PRINTING ALLOWS TO ACHIEVE HIGH DESIGN FREEDOM IN MAKING COMPLEX GEOMETRIES    184
TABLE 129    INDUSTRIAL 3D PRINTING MARKET FOR CONSUMER GOODS INDUSTRY,
BY APPLICATION, 2017–2020 (USD MILLION)    184
TABLE 130    INDUSTRIAL 3D PRINTING MARKET FOR CONSUMER GOODS INDUSTRY,
BY APPLICATION, 2021–2026 (USD MILLION)    185
TABLE 131    INDUSTRIAL 3D PRINTING MARKET FOR CONSUMER GOODS INDUSTRY,
BY REGION, 2017–2020 (USD MILLION)    185
TABLE 132    INDUSTRIAL 3D PRINTING MARKET FOR CONSUMER GOODS INDUSTRY,
BY REGION, 2021–2026 (USD MILLION)    185
10.11    OTHERS    186
TABLE 133    INDUSTRIAL 3D PRINTING MARKET FOR OTHER INDUSTRIES,
BY APPLICATION,  2017–2020 (USD MILLION)    186
TABLE 134    INDUSTRIAL 3D PRINTING MARKET FOR OTHER INDUSTRIES,
BY APPLICATION,  2021–2026 (USD MILLION)    186
TABLE 135    INDUSTRIAL 3D PRINTING MARKET FOR OTHER INDUSTRIES, BY REGION,  2017–2020 (USD MILLION)    187
TABLE 136    INDUSTRIAL 3D PRINTING MARKET FOR OTHER INDUSTRIES, BY REGION,  2021–2026 (USD MILLION)    187
10.12    IMPACT COVID-19 PANDEMIC ON VARIOUS INDUSTRIES    187
10.12.1    MOST-AFFECTED INDUSTRY    187
10.12.2    LEAST-AFFECTED INDUSTRY    188"
"11    GEOGRAPHIC ANALYSIS    189
11.1    INTRODUCTION    190
FIGURE 57    NORTH AMERICA TO LEAD INDUSTRIAL 3D PRINTING MARKET DURING FORECAST PERIOD    190
TABLE 137    INDUSTRIAL 3D PRINTING MARKET, BY REGION, 2017–2020 (USD MILLION)    190
TABLE 138    INDUSTRIAL 3D PRINTING MARKET, BY REGION, 2021–2026 (USD MILLION)    191
11.2    NORTH AMERICA    192
FIGURE 58    INDUSTRIAL 3D PRINTING MARKET SNAPSHOT IN NORTH AMERICA    192
TABLE 139    INDUSTRIAL 3D PRINTING MARKET IN NORTH AMERICA, BY COUNTRY,  2017–2020 (USD MILLION)    193
TABLE 140    INDUSTRIAL 3D PRINTING MARKET IN NORTH AMERICA, BY COUNTRY,  2021–2026 (USD MILLION)    193
TABLE 141    INDUSTRIAL 3D PRINTING MARKET IN NORTH AMERICA, BY OFFERING,  2017–2020 (USD MILLION)    193
TABLE 142    INDUSTRIAL 3D PRINTING MARKET IN NORTH AMERICA, BY OFFERING,  2021–2026 (USD MILLION)    194
TABLE 143    INDUSTRIAL 3D PRINTING MARKET IN NORTH AMERICA, BY INDUSTRY,  2017–2020 (USD MILLION)    194
TABLE 144    INDUSTRIAL 3D PRINTING MARKET IN NORTH AMERICA, BY INDUSTRY,  2021–2026 (USD MILLION)    195
11.2.1    US    195
11.2.1.1    US to be largest market for industrial 3D printers in North America    195
TABLE 145    INDUSTRIAL 3D PRINTING MARKET IN US, BY INDUSTRY,
2017–2020 (USD MILLION)    196
TABLE 146    INDUSTRIAL 3D PRINTING MARKET IN US, BY INDUSTRY,
2021–2026 (USD MILLION)    196
11.2.2    CANADA    196
11.2.2.1    Growing awareness regarding 3D printing technology    196
TABLE 147    INDUSTRIAL 3D PRINTING MARKET IN CANADA, BY INDUSTRY,  
2017–2020 (USD MILLION)    197
TABLE 148    INDUSTRIAL 3D PRINTING MARKET IN CANADA, BY INDUSTRY,  
2021–2026 (USD MILLION)    197

11.2.3    MEXICO    198
11.2.3.1    3D printing market in Mexico is at nascent stage    198
TABLE 149    INDUSTRIAL 3D PRINTING MARKET IN MEXICO, BY INDUSTRY,
2017–2020 (USD MILLION)    198
TABLE 150    INDUSTRIAL 3D PRINTING MARKET IN MEXICO, BY INDUSTRY,
2021–2026 (USD MILLION)    198
11.3    EUROPE    199
FIGURE 59    INDUSTRIAL 3D PRINTING MARKET SNAPSHOT IN EUROPE    199
TABLE 151    INDUSTRIAL 3D PRINTING MARKET IN EUROPE, BY COUNTRY,
2017–2020 (USD MILLION)    200
TABLE 152    INDUSTRIAL 3D PRINTING MARKET IN EUROPE, BY COUNTRY,
2021–2026 (USD MILLION)    200
TABLE 153    INDUSTRIAL 3D PRINTING MARKET IN EUROPE, BY OFFERING,  
2017–2020 (USD MILLION)    200
TABLE 154    INDUSTRIAL 3D PRINTING MARKET IN EUROPE, BY OFFERING,  
2021–2026 (USD MILLION)    201
TABLE 155    INDUSTRIAL 3D PRINTING MARKET IN EUROPE, BY INDUSTRY,  
2017–2020 (USD MILLION)    201
TABLE 156    INDUSTRIAL 3D PRINTING MARKET IN EUROPE, BY INDUSTRY,  
2021–2026 (USD MILLION)    202
11.3.1    UK    202
11.3.1.1    Government policies targeted toward low carbon future related to various verticals    202
TABLE 157    INDUSTRIAL 3D PRINTING MARKET IN UK, BY INDUSTRY,
2017–2020 (USD MILLION)    203
TABLE 158    INDUSTRIAL 3D PRINTING MARKET IN UK, BY INDUSTRY,
2021–2026 (USD MILLION)    203
11.3.2    GERMANY    204
11.3.2.1    Germany to be largest market for industrial 3D printing in Europe    204
TABLE 159    INDUSTRIAL 3D PRINTING MARKET IN GERMANY, BY INDUSTRY,  
2017–2020 (USD MILLION)    204
TABLE 160    INDUSTRIAL 3D PRINTING MARKET IN GERMANY, BY INDUSTRY,  
2021–2026 (USD MILLION)    205
11.3.3    FRANCE    205
11.3.3.1    France is relatively new in additive manufacturing market    205
TABLE 161    INDUSTRIAL 3D PRINTING MARKET IN FRANCE, BY INDUSTRY,  
2017–2020 (USD MILLION)    205
TABLE 162    INDUSTRIAL 3D PRINTING MARKET IN FRANCE, BY INDUSTRY,  
2021–2026 (USD MILLION)    206
11.3.4    ITALY    206
11.3.4.1    High potential to incorporate 3D printing technology to manufacture spare parts and prototypes    206
TABLE 163    INDUSTRIAL 3D PRINTING MARKET IN ITALY, BY INDUSTRY,
2017–2020 (USD MILLION)    207
TABLE 164    INDUSTRIAL 3D PRINTING MARKET IN ITALY, BY INDUSTRY,
2021–2026 (USD MILLION)    207

11.3.5    SPAIN    208
11.3.5.1    High focus on plastic materials for prototyping in industrial manufacturing    208
TABLE 165    INDUSTRIAL 3D PRINTING MARKET IN SPAIN, BY INDUSTRY,
2017–2020 (USD MILLION)    208
TABLE 166    INDUSTRIAL 3D PRINTING MARKET IN SPAIN, BY INDUSTRY,
2021–2026 (USD MILLION)    209
11.3.6    REST OF EUROPE    209
TABLE 167    INDUSTRIAL 3D PRINTING MARKET IN REST OF EUROPE, BY INDUSTRY,  2017–2020 (USD MILLION)    209
TABLE 168    INDUSTRIAL 3D PRINTING MARKET IN REST OF EUROPE, BY INDUSTRY,  2021–2026 (USD MILLION)    210
11.4    APAC    211
FIGURE 60    INDUSTRIAL 3D PRINTING MARKET SNAPSHOT IN APAC    211
TABLE 169    INDUSTRIAL 3D PRINTING MARKET IN APAC, BY COUNTRY,
2017–2020 (USD MILLION)    212
TABLE 170    INDUSTRIAL 3D PRINTING MARKET IN APAC, BY COUNTRY,
2021–2026 (USD MILLION)    212
TABLE 171    INDUSTRIAL 3D PRINTING MARKET IN APAC, BY OFFERING,
2017–2020 (USD MILLION)    212
TABLE 172    INDUSTRIAL 3D PRINTING MARKET IN APAC, BY OFFERING,
2021–2026 (USD MILLION)    213
TABLE 173    INDUSTRIAL 3D PRINTING MARKET IN APAC, BY INDUSTRY,
2017–2020 (USD MILLION)    213
TABLE 174    INDUSTRIAL 3D PRINTING MARKET IN APAC, BY INDUSTRY,
2021–2026 (USD MILLION)    214
11.4.1    CHINA    214
11.4.1.1    High focus on growth of aerospace & defense, automotive,
and medical & dental industries    214
TABLE 175    INDUSTRIAL 3D PRINTING MARKET IN CHINA, BY INDUSTRY,
2017–2020 (USD MILLION)    215
TABLE 176    INDUSTRIAL 3D PRINTING MARKET IN CHINA, BY INDUSTRY,
2021–2026 (USD MILLION)    215
11.4.2    JAPAN    215
11.4.2.1    Japan is one of first adopters of prototyping for additive manufacturing    215
TABLE 177    INDUSTRIAL 3D PRINTING MARKET IN JAPAN, BY INDUSTRY,
2017–2020 (USD MILLION)    216
TABLE 178    INDUSTRIAL 3D PRINTING MARKET IN JAPAN, BY INDUSTRY,
2021–2026 (USD MILLION)    216
11.4.3    INDIA    217
11.4.3.1    Government initiatives are encouraging entry of local manufacturers and startups    217
TABLE 179    INDUSTRIAL 3D PRINTING MARKET IN INDIA, BY INDUSTRY,
2017–2020 (USD MILLION)    217
TABLE 180    INDUSTRIAL 3D PRINTING MARKET IN INDIA, BY INDUSTRY,
2021–2026 (USD MILLION)    217

11.4.4    SOUTH KOREA    218
11.4.4.1    Increasing investments in development of 3D printing technology    218
TABLE 181    INDUSTRIAL 3D PRINTING MARKET IN SOUTH KOREA, BY INDUSTRY,  
2017–2020 (USD MILLION)    218
TABLE 182    INDUSTRIAL 3D PRINTING MARKET IN SOUTH KOREA, BY INDUSTRY,  
2021–2026 (USD MILLION)    219
11.4.5    REST OF APAC    219
TABLE 183    INDUSTRIAL 3D PRINTING MARKET IN REST OF APAC, BY INDUSTRY,  
2017–2020 (USD MILLION)    219
TABLE 184    INDUSTRIAL 3D PRINTING MARKET IN REST OF APAC, BY INDUSTRY,  
2021–2026 (USD MILLION)    220
11.5    ROW    220
FIGURE 61    MIDDLE EAST & AFRICA TO GROW AT HIGHER RATE DURING FORECAST PERIOD    220
TABLE 185    INDUSTRIAL 3D PRINTING MARKET IN ROW, BY REGION,
2017–2020 (USD MILLION)    221
TABLE 186    INDUSTRIAL 3D PRINTING MARKET IN ROW, BY REGION,
2021–2026 (USD MILLION)    221
TABLE 187    INDUSTRIAL 3D PRINTING MARKET IN ROW, BY OFFERING,
2017–2020 (USD MILLION)    221
TABLE 188    INDUSTRIAL 3D PRINTING MARKET IN ROW, BY OFFERING,
2021–2026 (USD MILLION)    221
TABLE 189    INDUSTRIAL 3D PRINTING MARKET IN ROW, BY INDUSTRY,
2017–2020 (USD MILLION)    222
TABLE 190    INDUSTRIAL 3D PRINTING MARKET IN ROW, BY INDUSTRY,
2021–2026 (USD MILLION)    222
11.5.1    SOUTH AMERICA    223
11.5.1.1    Brazil to be largest market for industrial 3D printing in South America    223
TABLE 191    INDUSTRIAL 3D PRINTING MARKET IN SOUTH AMERICA, BY INDUSTRY,  2017–2020 (USD MILLION)    223
TABLE 192    INDUSTRIAL 3D PRINTING MARKET IN SOUTH AMERICA, BY INDUSTRY,  2021–2026 (USD MILLION)    224
11.5.2    MIDDLE EAST & AFRICA    224
11.5.2.1    Increasing demand in medical and aerospace & defense industries    224
TABLE 193    INDUSTRIAL 3D PRINTING MARKET IN MIDDLE EAST & AFRICA, BY INDUSTRY,  2017–2020 (USD MILLION)    225
TABLE 194    INDUSTRIAL 3D PRINTING MARKET IN MIDDLE EAST & AFRICA, BY INDUSTRY,  2021–2026 (USD MILLION)    225
12    COMPETITIVE LANDSCAPE    226
12.1    OVERVIEW    226
12.2    STRATEGIES OF KEY PLAYERS/MARKET EVALUATION FRAMEWORK    226
TABLE 195    OVERVIEW OF STRATEGIES ADOPTED BY INDUSTRIAL 3D PRINTING MARKET PLAYERS FROM 2018 TO 2020    226
12.2.1    PRODUCT PORTFOLIO    227
12.2.2    REGIONAL FOCUS    227
12.2.3    MANUFACTURING FOOTPRINT    227
12.2.4    ORGANIC/INORGANIC GROWTH STRATEGIES    227
12.3    MARKET SHARE ANALYSIS: INDUSTRIAL 3D PRINTING MARKET, 2020    228
TABLE 196    DEGREE OF COMPETITION, 2020    228
12.4    5-YEAR COMPANY REVENUE ANALYSIS    229
FIGURE 62    5-YEAR REVENUE ANALYSIS OF TOP FIVE PLAYERS IN INDUSTRIAL
3D PRINTING MARKET    229
12.5    COMPANY EVALUATION QUADRANT    230
12.5.1    STAR    230
12.5.2    EMERGING LEADER    230
12.5.3    PERVASIVE    230
12.5.4    PARTICIPANT    230
FIGURE 63    INDUSTRIAL 3D PRINTING COMPANY EVALUATION QUADRANT, 2020    231
12.5.5    COMPETITIVE BENCHMARKING    232
TABLE 197    COMPANY: OFFERING FOOTPRINT (25 PLAYERS)    232
TABLE 198    COMPANY: VERTICAL FOOTPRINT (25 PLAYERS)    233
TABLE 199    COMPANY: REGIONAL FOOTPRINT    234
12.6    STARTUP/SME EVALUATION MATRIX    235
TABLE 200    LIST OF STARTUPS IN INDUSTRIAL 3D PRINTING MARKET    235
12.6.1    PROGRESSIVE COMPANIES    236
12.6.2    RESPONSIVE COMPANIES    236
12.6.3    DYNAMIC COMPANIES    236
12.6.4    STARTING BLOCKS    236
FIGURE 64    INDUSTRIAL 3D PRINTING MARKET, STARTUP/SME EVALUATION MATRIX, 2020    237
12.7    COMPETITIVE SITUATIONS AND TRENDS    238
12.7.1    PRODUCT LAUNCHES    238
TABLE 201    PRODUCT LAUNCHES, 2018–2020    238
12.7.2    DEALS    239
TABLE 202    DEALS, 2018–2020    239
12.7.3    OTHERS    240
TABLE 203    EXPANSIONS, 2018–2020    240
13    COMPANY PROFILES    241
(Business overview, Products offered, Recent Developments, COVID-19-related developments, MNM view)*
13.1    KEY PLAYERS    241
13.1.1    STRATASYS    241
TABLE 204    STRATASYS: BUSINESS OVERVIEW    241
FIGURE 65    STRATASYS: COMPANY SNAPSHOT    242
13.1.2    3D SYSTEMS    249
TABLE 205    3D SYSTEMS: BUSINESS OVERVIEW    249
FIGURE 66    3D SYSTEMS: COMPANY SNAPSHOT    250

13.1.3    MATERIALISE    256
TABLE 206    MATERIALISE: BUSINESS OVERVIEW    256
FIGURE 67    MATERIALISE: COMPANY SNAPSHOT    257
13.1.4    EOS    262
TABLE 207    EOS: BUSINESS OVERVIEW    262
13.1.5    GE ADDITIVE    267
TABLE 208    GE ADDITIVE: BUSINESS OVERVIEW    267
13.1.6    EXONE    272
TABLE 209    EXONE: BUSINESS OVERVIEW    272
13.1.7    VOXELJET    278
TABLE 210    VOXELJET: BUSINESS OVERVIEW    278
FIGURE 68    VOXELJET: COMPANY SNAPSHOT    279
13.1.8    SLM SOLUTIONS    282
TABLE 211    SLM SOLUTIONS: BUSINESS OVERVIEW    282
FIGURE 69    SLM SOLUTIONS: COMPANY SNAPSHOT    283
13.1.9    ENVISIONTEC    288
TABLE 212    ENVISIONTEC: BUSINESS OVERVIEW    288
13.1.10    HP    292
TABLE 213    HP: BUSINESS OVERVIEW    292
FIGURE 70    HP: COMPANY SNAPSHOT    293
13.2    OTHER KEY PLAYERS    296
13.2.1    OPTOMEC    296
13.2.2    GROUPE GORGÉ     297
13.2.3    RENISHAW    298
13.2.4    HÖGANÄS    299
13.2.5    COVESTRO    300
13.2.6    PROTOLABS    301
13.2.7    SCULPTEO    302
13.2.8    ULTIMAKER    302
13.2.9    BEIJING TIERTIME TECHNOLOGY    303
13.2.10    DESKTOP METAL    304
13.2.11    CARBON    305
13.2.12    MARKFORGED    306
13.2.13    NANO DIMENSION    307
13.2.14    EVOLVE ADDITIVE SOLUTIONS    308
13.2.15    XYZPRINTING    309
*Details on Business overview, Products offered, Recent Developments, COVID-19-related developments, MNM view might not be captured in case of unlisted companies.

14    APPENDIX    310
14.1    DISCUSSION GUIDE    310
14.2    KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    314
14.3    RELATED REPORTS    316
14.4    AUTHOR DETAILS    317"