MENA Manufacturing 3D Printing Market Share, Emerging Trends, Regional Analysis, Segments, Prime Players, Drivers, Growth Factor and Foreseen till 2025

(The Express Wire via Comtex)

MENA Manufacturing 3D printing Market was valued at US$ 128.83 Million in 2019 and is anticipated to reach US$ 268.57 Million by 2025 displaying an elevated CAGR of 13% over the forecast period (2019-2025). 3D printing completely reinvents the way things are conceived, designed, produced, and distributed, significantly lowering development and production costs, immensely simplifying logistics, and lowering carbon footprint. It holds great potential to revolutionize supply chains, and we are beginning to see an increase in the number of companies who turn to this form of manufacturing to stay competitive and create products faster. In so many ways, 3D printing’s history as a rapid prototyping technology has led to a major bias in machines, tools, and methods, which focus on trying to simplify the process of moving from design to part production. Currently, more than 60% of 3D-printed parts are printed for rapid prototypes.

3D printing also allows manufacturers to prototype more successfully, as they can print a new model/part with every advancement or amendment of the design, through a simple tweak on the software, printed instantly. Thus, saving time and money rather than if they had to produce new molds each time. 3D printing also allows for incredible volumes to be produced in a short time frame. HP customer SmileDirectClub uses Mult Jet Fusion 3D printing solutions to produce more than 50,000 personalized molds each day and anticipates printing nearly 20 million mouth molds over the 12 months alone.

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Based on components, the market is bifurcated into products, material, services, and software. The product (Printer) segment dominated the market, accounting for 36.4% share in 2018. 3D printing is a very precise manufacturing process. The product designed by 3D-printer utilizes raw materials, no cutting down, no leftover material, no need to reprocess the materials. Therefore, it’s only an additive process and not subtractive. By being an additive process, 3D manufacturing reduces material waste, as well as processing time and required equipment.

The manufacturing 3D printing printer product market is further sub-segmented into professional/industrial printers and personal/desktop 3D printers. The desktop 3D Printer is expected to witness a CAGR growth of 14.7% during the analyzed period. The industrial plastic 3D printing is based on powder. This powder can be a mixture of different elements. The most basic one is fine polyamide powder. Additionally, it can be enhanced with aluminum particles like our Alumide material.

Amongst material used in 3D printing, the market is sub-segmented in polymer, plastic, metals and alloys, and ceramics. The polymer segment generated revenue of US$ 8.67 million in 2018. The metal 3D printing is pretty powerful and leaders of their industry such as Airbus already utilize this production method to manufacture their fully functional parts. Based on service, the market is bifurcated into custom design and manufacturing and after-sales service.

Based on the technology, the market is bifurcated into stereolithography, selective laser sintering, electron beam melting, fused deposition modeling, laminated object manufacturing, and others. Fused deposition modeling dominated the market with 31.6% share in 2018. FDM 3D printers use plastic filament. The filament comes in a thin thread. It is pushed into a nozzle where it’s heated up, becoming flexible.

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The several applications of 3D printing include functional parts, fit and assembly, prototype modeling, research, model casting, visual aids, presentation modeling, others. In 2018, functional parts manufacturing dominated the MENA manufacturing 3D Printing technology market generating US$ 33.87 million in revenue. For instance, the 3D printed functional parts used in aircraft include air ducts (SLS), wall panels (FDM), and even structural metal components (DMLS, EBM, DED).

Based on industry verticals, the market is bifurcated into food and beverage, jewelry, electronics, industrial machinery, packaging material, and others. The food and beverage segment occupied maximum revenue with 25.6% share in 2018 while the packaging material segment is expected to witness the highest CAGR growth of 13.8% during the forecasted period 2019-2025.

For a deep-dive analysis of the industry, detailed country-level analysis has been conducted to understand the overall penetration of 3D printing technology in the MENA manufacturing sector. Countries included in the analysis are UAE, Qatar, Saudi Arabia, Kuwait, Egypt, Algeria, and the Rest of MENA. UAE, Saudi Arabia, and Qatar constitute the most leading and active countries in operating 3D technology wherein they undertake several research and development initiatives to revolutionize the advanced technologies applications. The growing manufacturing sector in UAE, being a wide region, captures the maximum proportion of the 3D printing market in the MENA region. 3D printing has become one of the disruptive technologies that are expected to have a significant impact on the region’s manufacturing sector.

3D Systems Corporation, 3D Systems Corporation, Arcam EBM, The ExOne Company, Envision TEC, MCor Technologies, Royal DSM, Materialise NV, Stratasys, Voxeljet, 3D Systems Corporation manufacturing are some of the prominent players operating in the MENA manufacturing 3D printing market industry. Several MandA’s along with partnerships have been undertaken by these players to facilitate costumers with hi-tech and innovative products.

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MENA Manufacturing 3D Printing Market Segmentation

Market Insights, by Component

  • Product
    • Professional/Industrial 3D Printers
    • Personal/Desktop 3D Printers
  • Material
    • Polymer
    • Plastic
    • Metal and Alloys
    • Ceramic
    • Others
  • Service
    • Custom Design and Manufacturing
    • After Sales Service
  • Others (Software)

Market Insights, by Technology

  • Fused Deposition Modelling
  • Selective Laser Sintering
  • Stereolithography
  • Electron Beam Melting
  • Laminated Object Manufacturing
  • Others

Market Insights, by Application

  • Functional Parts
  • Fit and Assembly
  • Prototype Modelling
  • Education
  • Metal Casting
  • Visual Aids
  • Presentation Modelling
  • Others

Market Insights, by Industry Verticals

  • Food and Beverage
  • Jewelry
  • Electronics
  • Industrial Machinery
  • Packaging Material
  • Others

Market Insights, by Country

  • United Arab Emirates
  • Qatar
  • Saudi Arabia
  • Kuwait
  • Egypt
  • Algeria
  • Rest of MENA

Top Company Profiles

  • 3D Systems Corporation
  • Arcam EBM
  • The ExOne Company
  • Envision TEC
  • Mitsubishi Chemical Corporation
  • MCor Technologies
  • Royal DSM
  • Materialise NV
  • Stratasys
  • Voxeljet

    Table Of Content:

    CHAPTER 1 MARKET INTRODUCTION

    CHAPTER 2 RESEARCH METHODOLOGY OR ASSUMPTION

    CHAPTER 3 REGULATORY FRAMEWORK

    CHAPTER 4 INDUSTRY AT A GLANCE

    CHAPTER 5 EXECUTIVE SUMMARY

    CHAPTER 6 MARKET OVERVIEW

    CHAPTER 6 DEMAND AND SUPPLY SIDE ANALYSIS

    CHAPTER 7 TOP NEWS RELATED TO 3D PRINTING IN MANUFACTURING

    CHAPTER 8 MENA 3D PRINTING VALUE CHAIN

    CHAPTER 9 EXPORT/IMPORT SCEANRIO OF 3D PRINTED MANUFACTURED GOODS

    CHAPTER 10 MARKET INSIGHTS, BY COMPONENT (US$)

    CHAPTER 11 MARKET INSIGHTS, BY TECHNOLOGY (US$)

    CHAPTER 12 MARKET INSIGHTS, BY APPLICATION (US$)

    CHAPTER 13 MARKET INSIGHTS, BY INDUSTRY VERTICALS (US$)

    CHAPTER 14 MARKET INSIGHTS, BY COUNTRY

    CHAPTER 15 COMPETITIE SCENARIO

    CHAPTER 16 TOP 10 COMPANY PROFILES

    About UnivDatos Market Insights
    UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.

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Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit MENA Manufacturing 3D Printing Market Share, Emerging Trends, Regional Analysis, Segments, Prime Players, Drivers, Growth Factor and Foreseen till 2025

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