Selective Laser Sintering 3D Prinitng Technology Market Report: Trends, Forecast and Competitive Analysis to 2030
Selective Laser Sintering 3D Prinitng Technology Trends and Forecast
The future of the global selective laser sintering 3D prinitng technology market looks promising with opportunities in the production part, functional prototyping, and ECS ducting applications. The global selective laser sintering 3D prinitng technology market is expected to reach an estimated $1.7 billion by 2030 with a CAGR of 22.6% from 2024 to 2030. The major drivers for this market are rising demand for individualized and customized goods, growing adoption of 3D printing, and escalating use of additive manufacturing in healthcare.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Selective Laser Sintering 3D Prinitng Technology by Segment
The study includes a forecast for the global selective laser sintering 3D prinitng technology by type, application, and region.
Selective Laser Sintering 3D Prinitng Technology Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Nylon Materials
- Glass-filled Nylon Materials
- SOMOS (Rubber-like) Materials
- Truform (Investment Casting) Materials
- Metal Composite Materials
- Others
Selective Laser Sintering 3D Prinitng Technology Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Production Parts
- Functional Prototyping
- ECS Ducting
- Others
Selective Laser Sintering 3D Prinitng Technology Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Selective Laser Sintering 3D Prinitng Technology Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies selective laser sintering 3D prinitng technology companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the selective laser sintering 3D prinitng technology companies profiled in this report include-
- 3D Systems
- OBJECTIVE3DINC
- Beam-it
- Materialise
- Laser Prototypes
- SPI LASERS
- Stratasys Direct
- Proto Labs
Selective Laser Sintering 3D Prinitng Technology Market Insights
Lucintel forecasts that nylon is expected to witness highest growth over the forecast period due to its significant use in selective laser sintering 3D prinitng owing to its versatility to create a wide variety of objects, such as prototypes, functional parts, and end use products.
APAC is expected to witness highest growth over the forecast period due to growing demand for customized products among population and rapid industrialization in the region.
Features of the Global Selective Laser Sintering 3D Prinitng Technology Market
Market Size Estimates: Selective laser sintering 3D prinitng technology market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Selective laser sintering 3D prinitng technology market size by type, application, and region in terms of value ($B).
Regional Analysis: Selective laser sintering 3D prinitng technology market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the selective laser sintering 3D prinitng technology market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the selective laser sintering 3D prinitng technology market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the selective laser sintering 3D prinitng technology market size?
Answer: The global selective laser sintering 3D prinitng technology market is expected to reach an estimated $1.7 billion by 2030.
Q.2 What is the growth forecast for selective laser sintering 3D prinitng technology market?
Answer: The global selective laser sintering 3D prinitng technology market is expected to grow with a CAGR of 22.6% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the selective laser sintering 3D prinitng technology market?
Answer: The major drivers for this market are rising demand for individualized and customized goods, growing adoption of 3D printing, and escalating use of additive manufacturing in healthcare.
Q4. What are the major segments for selective laser sintering 3D prinitng technology market?
Answer: The future of the selective laser sintering 3D prinitng technology market looks promising with opportunities in the production part, functional prototyping, and ECS ducting markets.
Q5. Who are the key selective laser sintering 3D prinitng technology market companies?
Answer: Some of the key selective laser sintering 3D prinitng technology companies are as follows:
- 3D Systems
- OBJECTIVE3DINC
- Beam-it
- Materialise
- Laser Prototypes
- SPI LASERS
- Stratasys Direct
- Proto Labs
Q6. Which selective laser sintering 3D prinitng technology market segment will be the largest in future?
Answer: Lucintel forecasts that nylon is expected to witness highest growth over the forecast period due to its significant use in selective laser sintering 3D prinitng owing to its versatility to create a wide variety of objects, such as prototypes, functional parts, and end use products.
Q7. In selective laser sintering 3D prinitng technology market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing demand for customized products among population and rapid industrialization in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the selective laser sintering 3D prinitng technology market by type (nylon materials, glass-filled nylon materials, somos (rubber-like) materials,truform (investment casting) materials, metal composite materials, and others), application (production parts, functional prototyping, ECS ducting, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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