Global Selective Laser Sintering Equipment Market, By Material Type (Metal, Nylon), Laser Type (Solid Laser, Gas Laser), Application (Tooling, Heavy Equipment and Machinery, Robotics), End User (Consumer Goods, Art and Fashion, Automotive, Aerospace and Aeronautics, Medical Devices), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Selective laser sintering equipment market is valued at USD 2134.8 billion by 2027, and will witness its market growth at a rate of 22.9% over the forecast period of 2020 to 2027. Data Bridge Market Research report on selective laser sintering equipment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The growth of selective laser sintering equipment market is attributed due to the high production of parts possessing good mechanical properties without any build support. The reduced manufacturing expenses and time to market is also aiding the growth of the market. Furthermore, the growing demand for healthcare and medical devices, increasing demand of 3D equipment’s in robot building along with rising research and development to improve the prototypes for GPS products and increased government Investments in 3D printing projects are amongst major factors that are contributing towards the growth of the selective laser sintering equipment market. Moreover, the high demand in aerospace, aeronautics and healthcare industry for more sophisticated, precise and alike design of the products are also propelling the growth of the target market. In addition, the emerging application scope in manufacturing sector will further cater ample opportunities for the selective laser sintering equipment market to capture.
The dearth of standard process control and complexity in using selective laser sintering printing software are acting as market restraint that will hinder the growth of the selective laser sintering equipment in the above mentioned forecasted period. The complex operation and high risk coupled with selective laser sintering equipment along with the additional cost associated to post-processing will pose as major challenges towards the growth of the selective laser sintering equipment market.
This selective laser sintering equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on selective laser sintering equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Selective Laser Sintering Equipment Market Scope and Market Size
Selective laser sintering equipment market is segmented on the basis of material type, laser type, application and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on material type, the selective laser sintering equipment market has been segmented into metal and nylon. Metal is further segmented into styrene based and aluminum filled. Nylon is further segmented into durable, glass filled and fiber filled.
- On the basis of laser type, the selective laser sintering equipment market has been segmented into solid laser and gas laser.
- Selective laser sintering equipment has also been segmented on the basis of application into tooling, heavy equipment and machinery and robotics.
- On the basis of end user, the selective laser sintering equipment market has been segmented into consumer goods, art and fashion, automotive, aerospace and aeronautics and medical devices.
Global Selective Laser Sintering Equipment Market Country Level Analysis
Selective laser sintering equipment market is analyzed and market size, volume information is provided by country, material type, laser type, application and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
North America will dominate the selective laser sintering equipment market owing to the increasing technological advancements and the high adoption of technology in a vast range of industries in the region. Asia-Pacific is anticipated to grow over the forecast period of 2020 to 2027 due to the rising adoption of SLS equipment in several verticals, such as consumer goods, healthcare, automotive, aerospace and jewelry in this particular region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Selective Laser Sintering Equipment Market Share Analysis
Selective laser sintering equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to selective laser sintering equipment market.
The major players covered in the selective laser sintering equipment market report are 3D Systems, Inc., EOS GmbH, Farsoon Technologies, Prodways Technologies, Aerosint SA, XYZprinting, Inc., Formlabs, Renishaw plc., Sintratec AG, Sharebot srl, DMG MORI CO., LTD., Natural Robotics, Ricoh India Ltd., ZRapidTech, Dynamic tools Pvt. Ltd., Aspect Inc, Red Rock SLS, Proto3000, 3Dnatives, SLM Solutions, Arcam, TRUMPF, Xact Metal, Inc., Optomec Inc., and Sciaky Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Selective Laser Sintering Equipment Market
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