India 3D Printer

India 3D Printer Market Research Report: Forecast (2022-2027)

By Product (Industrial 3D Printer, Desktop 3D Printer), By Technology (Fused Deposition Modelling, Selective Laser Sintering, Stereolithography, Digital Light Processing), By Application (Medical (Bio Read more

  • Energy
  • Mar 2022
  • 115
  • EN77008

Market Definition

3D printers are technologically advanced machines used for additive manufacturing of specialized, complex, & customized products that require high accuracy. These printers are gaining swift momentum across various industries like automotive, aerospace, consumer electronics, and art & jewelry in India, principally due to their capabilities to create lightweight & geometrically complex parts.

Market Insights

The India 3D Printer Market is projected to grow at a CAGR of around 25% during the forecast period, i.e., 2022-27. The growth of the market is driven primarily by the rapidly increasing inclination of industries like construction, automotive, medical, aerospace, & art, among others, on utilizing the benefits & capabilities of 3D printers, i.e., surging their demand for designing, prototyping, and developing & customizing products in the shortest time with ease. 

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 25%
Region Covered North, South, West,East, North-East
Key Companies Profiled 3D Systems Inc., Altem Technologies, Brahma3 Pvt. Ltd., DesignTech Systems Ltd., KC Bots, Optomec, Leapfrog, REDD Robotics, Sintermask GmbH, Stratasys Ltd.
Unit Denominations USD Million/Billion

 

Besides, since 3D printers can create almost anything that fits within its build volume, their demand is swiftly burgeoning across India & instigating the leading players in the market to expand their production & distribution capacities, thereby driving the market.

Moreover, with a greater inclination of industries toward utilizing technologically advanced & upgraded equipment for manufacturing different products, several research & development activities associated with 3D printers are being conducted by the leading market players. 

Furthermore, since the government is projecting favorable policies for establishing new industries, organizations, & start-ups in the country, the demand for 3D printers across multiple end-users is likely to propel and positively influence the overall market growth in the coming years.

Impact of Covid-19 on the India 3D Printer Market

The advent of the Covid-19 had a decelerating effect on most industries, and the India 3D Printer market was no exception. While the government had to impose stringent movement restrictions & frequent lockdowns to curb the spread of this dreadful disease, the leading players in the market observed several unprecedented challenges associated with the production & distribution of 3D printers across the country.

Since the entire supply chain was disrupted, along with the transportation & logistics, manufacturers witnessed a shortage & unavailability of raw materials, coupled with significant delays in the deliveries of pre-produced goods across different locations. It, in turn, resulted in massive financial losses for the leading players amidst the crisis and affected the market growth across India.

However, with the declining Covid-19 cases, restrictions were uplifted, and business processes recommenced. Industries like automotive, aerospace, construction, & electronics, among others, resumed their manufacturing operations and generated a soaring demand for 3D printers in different applications like prototyping, modeling, designing, etc.

1.     Introduction

1.1.   Product Definition

1.2.   Research Process

1.3.   Assumptions

1.4.   Market Segmentation

2.     Executive Summary

3.     Expert Verbatim- What our Experts Say?

4.     Macro-Economic Indicators

5.     India 3D Printer Market Outlook, 2017-2027

5.1.   Market Size & Analysis

5.1.1. Units Sold

5.1.2. Market Revenues

5.2.   Market Share & Analysis

5.2.1. By Product

5.2.1.1. Industrial 3D Printer

5.2.1.2. Desktop 3D Printer

5.2.2. By Technology

5.2.2.1. Fused Deposition Modelling

5.2.2.2. Selective Laser Sintering

5.2.2.3. Stereolithography

5.2.2.4. Digital Light Processing

5.2.2.5. Others

5.2.3. By Application

5.2.3.1. Medical

5.2.3.1.1.          Bio Printing

5.2.3.1.2.          Medical Devices

5.2.3.1.3.          Pills

5.2.3.2. Industrial

5.2.3.2.1.          Apparel

5.2.3.2.2.          Automotive

5.2.3.2.3.          Construction

5.2.3.2.4.          Consumer Electronics

5.2.3.3. Others

5.2.3.3.1.          Education and Research

5.2.3.3.2.          Art and Jewelry

5.2.3.3.3.          Aerospace & Defense

5.2.4. By Region

5.2.4.1. North

5.2.4.2. South

5.2.4.3. West

5.2.4.4. East

5.2.4.5. North-East

5.2.5. By Competitors

5.2.5.1.   Competitor Wise Revenue Share

5.2.5.2.   Strategic Factorial Indexing

5.2.5.3.   Competitor Placement on MarkNtel Quadrant

6.     India 3D Printer Market Attractiveness Index

6.1.   By Product

6.2.   By Technology

6.3.   By Application

6.4.   By End Users

6.5.   By Region

7.     India 3D Printer Market Policy & Regulations

8.     India 3D Printer Market Trends & Developments

9.     India 3D Printer Market Dynamics

9.1.   Impact Analysis

9.2.   Drivers

9.3.   Challenges

10.  India 3D Printer Market Import Export Analysis

11.  India 3D Printer Market- Price Analysis

12.  India 3D Printer Market- Buyer’s Behavior

12.1.Selection – Price, Quality, Technology, Brand, Support Services

13.  India 3D Printer Market Winning Strategies

13.1.Investment Scenario

13.2.Hotspots

14.  India 3D Printer Market Porter’s Five Forces Analysis

15.  India 3D Printer Market Key Success Imperatives for Growth & Success

16.  Competitive Benchmarking

16.1.Competition Matrix

16.1.1. Product Portfolio

16.1.2. Target Markets

16.1.3. Target End Users

16.1.4. After Sale Service

16.1.5. Strategic Alliances

16.2. Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)

16.2.1.   3D Systems Inc.

16.2.2.   Altem Technologies

16.2.3.   Brahma3 Pvt. Ltd.

16.2.4.   DesignTech Systems Ltd.

16.2.5.   KC Bots

16.2.6.   Optomec

16.2.7.   Leapfrog

16.2.8.   REDD Robotics

16.2.9.   Sintermask GmbH

16.2.10.   Stratasys Ltd.

17.  Disclaimer

India 3D Printer Market Segmentation
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