UAE 3D Printing Market Size, Share 2022: Research by Business Analysis, Growing CAGR of XX% Growth Strategy, Industry Trends, Key Manufacturers and Forecast to 2026: Ken Research



UAE 3D Printing Market Competition

The report titled “UAE 3D Printing Market Outlook to 2026F – Driven by the Government initiative to adopt the technology and a shift in demand from mass production to mass customization” provides a comprehensive analysis on the status of the 3D Printing Market in UAE. The report includes various aspects of the market including, overview and genesis of the industry, overall market size in terms of revenue and segmentation on the basis of components, application, end-user, technology, material and region.

It includes detailed explanation of the value chain model which is being followed by the major 3D printing players in UAE – both global and regional, developments, challenges & in the industry. It gives detailed explanation of the competitive landscape including cross comparison between major players, SWOT Analysis, and detailed company profiles of major players including their strength and weaknesses and concluding with analyst recommendations.

Market Overview

The APAC 3D printing market has increased at a double-digit positive CAGR during the period 2016– 2021P. The growth is attributed to various policies suggested by the government since 2016 to support the growth of the 3D printing industry. Restrictions on free trade and imports in UAE due to Covid-19 contributed to the initiation of local manufacturing of the products using 3D printing technology. The intensification in the global research and development in 3D printing has led the technology to achieve new innovations, making it easier for use by a layman.

UAE 3D Printing Industry Research Report

Market Segmentation

By Component (3D Printing Services, 3D Printers, Materials, Software):

The current trend in the industry is towards the 3D Printing service providers, followed by the ownership of printers.

Technology advancement in the future is inevitable, and with further advancement, the technology will become more efficient and widely used. This will lead to an increased ownership of 3D printers in the future, and hence reduce the reliability of individuals on 3D printing service provider in UAE.

By Application (Prototyping, Manufacturing and Tooling):

Prototyping is currently the most widely used application of 3D printing in UAE as majority of the products being created are still in the modelling phase. For example, 3D printing for construction purpose is still being tested majorly for research purposes at the moment, and have not been commercially been rolled out by companies.
However, in the coming years, it is anticipated that these prototypes may even shift to the manufacturing or the tooling processes.

By End User (Medical Devices & Healthcare, Machinery and OEMs, Consumer Goods, Aerospace, Automotive and others):

The Covid-19 pandemic came in as a game-changer for UAE. From being largely reliant on imports for most of the products, they were left with no option but to manufacture amidst the international trade bans, and travel restrictions.

UAE 3D printing companies started to produce masks, face shields, and more healthcare related equipment to support the increasing demands of such products during the pandemic, leading to healthcare segment utilizing 3D Printing technology the most, followed by Machinery, Consumer goods and aerospace industry.

By 3D Printing Technology (Fused Deposition Modeling {FDM}, Stereolithography, Selective Laser Sintering {SLS}, Selective laser melting/ Direct metal laser melting {SLM/DMLM}, Polyjet, Electron beam melting):

FDM Technology is the most widely used technology in the 3D Printing space at the moment, in terms of volume. However, when it comes to revenue generated, there is no clear winner. New and upcoming technologies like WASP, Color jet printers might overpower the existing FDM Technology.

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By Material (Polymer, Metals, Ceramics, others):

Currently, Polymers is the material that is primarily used for prototyping, hence, is the most common material being used for 3D Printing in UAE. Over the period of years, as the primary use of 3D Printing shifts from prototyping to manufacturing, materials like metals would become more prevalent for the 3D Printing technology.

By Region (Dubai, Abu Dhabi, Sharjah, others):

Over the period of years, Dubai has become the technological hub in UAE. Dubai has been the clear leader among the other Emirates, when it comes to 3D printing. Most of the regional companies are based out of Dubai, providing easy access to the local population to such technologies.

Competitive Landscape

The industry is currently highly fragmented with presence of ~250 global players and ~80 regional players operating in the 3D Printing space in UAE. The Global Players like 3D Systems Corporation, Stratasys Ltd, SLM Solutions Group, Materialise NV and others are currently leading the market as these companies have been able to establish themselves in the market due to their capability of introducing technological advancements to the 3D Printing Industry.

UAE 3D Printing Market Future Outlook

The UAE 3D printing market is expected to witness positive growth at a double-digit CAGR over the forecast period, 2021P-2026F. Technological Advancement will be seen in the industry such as, new and upcoming technologies like WASP & color jet printers might overpower the existing FDM Technology in the 3D Printing industry. Over the forecasted period, it is predicted that the application of 3D Printing will shift from prototyping to manufacturing, and there will be a significant change in the type of materials that are used for the 3D Printing Technology. 

Key Segments Covered

  • By Component
    • Services
    • 3D Printers
    • Materials
    • Software
  • By Application
    • Prototyping
    • Manufacturing
    • Tooling
  • By End User
    • Medical Device & Healthcare
    • Machinery & OEMs
    • Consumer Goods
    • Aerospace
    • Automotive
    • Others
  • By 3D Printing Technology
    • Fused Deposition Modeling {FDM}
    • Stereolithography
    • Selective Laser Sintering {SLS}
    • Selective laser melting/ Direct metal laser melting {SLM/DMLM}
    • Polyjet
    • Electron beam melting
  • By Material
  • Polymer
  • Metal
  • Ceramic
  • Others
  • By Region
  • Dubai
  • Abu Dhabi
  • Sharjah
  • Others

Companies Covered:

Global Players:

  • 3D Systems Corporation
  • SLM Solutions
  • Stratasys Ltd.
  • Materialise NV
  • EOS GmbH

Regional Players:

  • Generation 3D
  • Proto21
  • 3D Vinci Creations
  • Jumbo 3D Manufacturing
  • Xplorer 3D

Key Target Audience

  • 3D Printer Manufacturers
  • 3D Printing Material Provider
  • 3D Printing Software Provider
  • 3D Printing Service Provider
  • Third-Party 3D Printing Services
  • Industry Associations
  • Government Associations
  • Government Agencies
  • Private Equity and Venture Capitalist Firms

Time Period Captured in the Report: –

  • Historical Period: 2016-2021P
  • Forecast Period: 2021P-2026F

Key Topics Covered in the Report

  • Executive Summary
  • UAE 3D Printing Market Flowchart
  • Difference between Traditional Manufacturing and Additive Manufacturing
  • Value Chain Analysis
  • Ecosystem for the 3D Printing Market
  • Business Cycle for the 3D Printing Market
  • Global Patent Analysis
  • 3D printing Market Size, 2016 – 2021P
  • 3D printing Market Size, 2021P- 2026F
  • UAE 3D Printing Market Segmentation, 2021 & 2026
  • Growth Drivers, Trends and Developments
  • SWOT Analysis
  • Government Regulations for the 3D Printing Market
  • Competitive Landscape – Cross Comparison of Major Players
  • Company Profiles
  • Analyst Recommendations
  • Research Methodology

Related Reports

https://www.kenresearch.com/manufacturing-and-construction/industrial-engineering/apac-3d-printing-market-outlook/318830-97.html

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

The post UAE 3D Printing Market Size, Share 2022: Research by Business Analysis, Growing CAGR of XX% Growth Strategy, Industry Trends, Key Manufacturers and Forecast to 2026: Ken Research appeared first on Ken Research.



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