6Wresearch released its annual report on India 3D Printer Market titled “of India 3D Printer Market, By Application, Technology, & End Use: 2014 – 2019”


3D printers are emerging as key growing printers in global landscape. Although, the market for 3D printers is in the nascent stage in India, but holds immense growth potential in the coming years. These printers are used for designing 3D models of engineering designs, objects, prosthetics, implants, dentures, fashion accessories, art, and decoration articles.

According to 6Wresearch, India’s 3D printer market is projected to grow at a CAGR of around 20% during 2014-19. In India, prominent used 3D printing technologies include selective laser sintering, stereo lithography, fused deposition modeling, and polyjet. In India’s 3D printers market, fused deposition modeling based 3D printers have accounted for majority of the market revenues on account of its ease of usage and affordable price.

In India’s 3D printers market, commercial segment leads where majority of the demand for these printers are emerging from commercial segment including healthcare sector, architecture, educational, art and craft, and other 3D printing service provider companies.

The report includes India 3D printer market by technologies; by end uses such as private, commercial, and industrial; by applications such as electronics, automotive, medical, industrial, architectural, educational, aerospace and provides their market trend and forecast in terms of volume (units) and revenue ($ Thousand) from the year 2011 to 2019 with CAGR projected from the year 2014 to 2019. The report also covers market dynamics, current trends, Porter’s analysis, and timeline in India 3D printer market.

TABLE OF CONTENTS
1. Executive Summary
2. Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Markets Covered
2.4 Assumptions and Methodology
2.5 Table of Acronyms
3. Market Overview
3.1 Introduction
3.2 Global Market
3.3 Industry Investments
3.4 India Market
3.5 Industry Life Cycle
3.6 Benefits of 3D Printing
3.7 Evolution of Additive Manufacturing
3.8 3D Printing Process
3.9 Porter’s Analysis
4. Market Dynamics
4.1 Drivers & Restraints
4.2 Impact Analysis
4.1.1 Drivers
4.1.1.1 Increasing Scope of Applications
4.1.1.2 Growing Adoption in Healthcare Applications
4.1.1.3 Expiration of Key Patents
4.1.2 Restraints
4.1.2.1 Low Degree of Awareness
4.1.2.2 High Capital Cost
4.1.3 Opportunity
4.1.3.1 Opportunity Matrix
4.1.4 Trends
4.1.4.1 Commercial and Industrial use of 3D printers to gain momentum in the market
4.1.4.2 Sub – objects printing for large size models greater than printer envelope size
4.1.4.3 Increasing use in orthopedic treatments
4.1.4.4 Indian market not to respond in large volume numbers as expected
5. India 3D Printer Market Snapshot
5.1 Market By Technology
5.2 Market By Application
5.3 Market By End Use
6. Market By Technology
6.1 Introduction
6.2 Fused Deposition Modeling
6.3 Selective Laser Sintering
6.4 Stereo Lithography
6.5 Polyjet
7. Market By Application
7.1 Introduction
7.2 Electronics
7.3 Automotive
7.4 Medical
7.5 Industrial
7.6 Aerospace
7.7 Educational
7.8 Architectural
7.9 Others
8. Market By End Use
8.1 Introduction
8.2 Private Use
8.3 Commercial Use
8.4 Industrial Use
9. Value Chain Analysis
10. Competitive Landscape
10.1 Market Share Analysis
10.2 Competitive Positioning
11. Company Profiles (Manufacturers and Distributors)
11.1 3D Systems Corporation
11.2 Altem Technologies (P) Ltd.
11.3 Brahma 3
11.4 Fabbster
11.5 Flashforge
11.6 Jgroup Robotics Private Limited
11.7 Kcbots
11.8 Leapfrog
11.9 Optomec
11.10 Stratasys Ltd.
12. Outlook
List of Figures
1. Global 3D Printer Market Revenue, 2011 – 2019 ($ Million)
2. 3D Printer Market Revenue Share, By Geography, 2013
3. India 3D Printer Market Revenue, 2011 – 2019 ($ Thousand)
4. India 3D Printer Market Volume, 2011 – 2019 (Units)
5. India Healthcare Expenditure, 2011 – 2019 ($ Million)
6. India Medical Industry Share, By Segment (2013)
7. India 3D Printer Market Volume By Technology, 2011 – 2019 (Units)
8. India 3D Printer Market Revenue By Technology, 2011 – 2019 ($ Thousand)
9. India 3D Printer Market Volume Share By Technology (2014)
10. India 3D Printer Market Revenue Share By Technology (2014)
11. India 3D Printer Market Volume By Application, 2011 – 2019 (Units)
12. India 3D Printer Market Revenue By Application, 2011 – 2019 ($ Thousand)
13. India 3D Printer Market Volume Share By Application (2014)
14. India 3D Printer Market Revenue Share By Application (2014)
15. India 3D Printer Market Volume By End Use, 2011 – 2019 (Units)
16. India 3D Printer Market Revenue By End Use, 2011 – 2019 ($ Thousand)
17. India 3D Printer Market Volume Share By End Use (2014)
18. India 3D Printer Market Revenue Share By End Use (2014)
19. India Fused Deposition 3D Printer Market Volume, 2011 – 2019 (Units)
20. India Fused Deposition 3D Printer Market Revenue, 2011 – 2019 ($ Thousand)
21. India Selective Laser Sintering 3D Printer Market Volume, 2011 – 2019 (Units)
22. India Selective Laser Sintering 3D Printer Market Revenue, 2011 – 2019 ($ Thousand)
23. India Stereo Lithography 3D Printer Market Volume, 2011 – 2019 (Units)
24. India Stereo Lithography 3D Printer Market Revenue, 2011 – 2019 ($ Thousand)
25. India Polyjet 3D Printer Market Volume, 2011 – 2019 (Units)
26. India Polyjet 3D Printer Market Revenue, 2011 – 2019 ($ Thousand)
27. India 3D Printer Market Volume In Electronics Application, 2011 – 2019 (Units)
28. India 3D Printer Market Revenue In Electronics, 2011 – 2019 ($ Thousand)
29. India 3D Printer Market Volume In Automotive Application, 2011 – 2019 (Units)
30. India 3D Printer Market Revenue In Automotive Application, 2011 – 2019 ($ Thousand)
31. India 3D Printer Market Volume In Medical Application, 2011 – 2019 (Units)
32. India 3D Printer Market Revenue In Medical Application, 2011 – 2019 ($ Thousand)
33. India 3D Printer Market Volume In Industrial Application, 2011 – 2019 (Units)
34. India 3D Printer Market Revenue In Industrial Application, 2011 – 2019 ($ Thousand)
35. India 3D Printer Market Volume In Aerospace Application, 2011 – 2019 (Units)
36. India 3D Printer Market Revenue In Aerospace Application, 2011 – 2019 ($ Thousand)
37. India 3D Printer Market Volume In Educational Application, 2011 – 2019 (Units)
38. India 3D Printer Market Revenue In Educational Application, 2011 – 2019 ($ Thousand)
39. India 3D Printer Market Volume In Architectural Application, 2011 – 2019 (Units)
40. India 3D Printer Market Revenue in Architectural Application, 2011 – 2019 ($ Thousand)
41. India 3D Printer Market Volume In Other Application, 2011 – 2019 (Units)
42. India 3D Printer Market Revenue In Other Application, 2011 – 2019 ($ Thousand)
43. India 3D Printer Market Volume By Private Use, 2011 – 2019 (Units)
44. India 3D Printer Market Revenue By Private Use, 2011 – 2019 ($ Thousand)
45. India 3D Printer Market Volume By Commercial Use, 2011 – 2019 (Units)
46. India 3D Printer Market Revenue By Commercial Use, 2011 – 2019 ($ Thousand)
47. India 3D Printer Market Volume By Industrial Use, 2011 – 2019 (Units)
48. India 3D Printer Market Revenue By Industrial Use, 2011 – 2019 ($ Thousand)
List of Tables
1. Key Patents and Their Expiration Date
2. 3D Printing Technology Comparison
3. India 3D printer Market Volume, By Technology, 2011 – 2019 (Units)
4. India 3D printer Market Revenue, By Technology, 2011 – 2019 ($ Thousand)
5. India 3D printer Market Volume, By Application, 2011 – 2019 (Units)
6. India 3D printer Market Revenue, By Application, 2011 – 2019 ($ Thousand)
7. India 3D printer Market Volume, By End Use, 2011 – 2019 (Units)
8. India 3D printer Market Revenue, By End Use, 2011 – 2019 ($ Thousand)

Summary

3D printer rides on the wave of technology innovation in additive manufacturing. The market has made significant strides in the developed countries like the U.S. and is expected to witness tremendous growth in the near future due to expiry of patents, low cost of production, increasing awareness & penetration, growth of 3D scanners and advancement of material research.

Presently, India 3D printer market is at nascent stage but holds tremendous potential for the manufacturers, local assemblers and distributors due to increasing use of rapid prototyping and 3D modeling across various industry sectors. Adding to the above factors, the location of research and development bases of various industrial and engineering companies fuels the existing growth of 3D printer market in India.

However the opportunity doesn’t come without its cost. India, being price sensitive nation, is at evolving stage and yet to see the rapid adoption rate. Indian consumers follow the conventional approach where the modeling is still done through CNC machines which costs less than 3D printer in India thus raises reluctance among the players to go for 3D machines. For the market to see increasing penetration, it requires major transformation such as easier design capabilities, compatibility for mass production and manufacturing of large format objects.

Presently, the market of 3D printers can be segmented by various applications. Led by electronics vertical (volume share of 24.1%), the market is closely followed by automotive (21.2%). Others include medical (15.0%), industrial (13.8%), aerospace (10.8%), architectural (5.2%), and educational (3.0%). The market of 3D printers is expected to reach $46mn by the year 2019.

3D printer market offers tremendous potential in the commercial segment such as healthcare sector, architecture, educational, art & craft. Other niche applications include special purpose applications, use in organ replacement, extent of customization, animation & gaming fashion & apparels customized footwear designs, interior decoration, furniture modeling, educational models, chocolate and drug printing.

Globally established players, such as Stratasys and Optomec, are gradually making their footprints in India through partnerships and alliances with India based technology firms. Other major global players in 3D printing market include Fabbster, 3D Systems, Leapfrog and Flashforge.

Major players active in India 3D printing market (including manufacturers and distributors) space are Altem Technologies, Imaginarium, Brahma 3, KCbots, and JGroup Robotics.

Globally established companies such as Stratasys and Optomec have partnered with Indian based technology companies for increasing their customer base. Other established global players in 3D printing industry include EOS GmbH, Ultimaker, Object, 3Digiprints, Arcam AB, Exone, and Voxeljet.

Major players active in India 3D printing market space are namely Altem Technologies, Cycloid, DesignTech Systems Ltd., Imaginarium, Brahma 3, KCbots, and J Group Robotics.

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