The 3D printing is a three-dimensional firm object in the digital format. It is a process of using a variety of additives like plastic to create the physical object based on 3D mode. It posses numerous benefits compare to the traditional printing techniques. Easy accessibility, High printing speed & faster production and good quality etc., are some benefits of 3D printing software & services. 3D Printing software & services segments various types for instance after sales & maintenance and print on demand.
As per analysis, “Asia Pacific 3D Printing Software and Service Market 2020-2030 by Offering, Printing Material, Technology, Use Type (Commercial, Personal), Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity” leading players determining the Asian-Pacific 3D printing software & services market include 3D Systems Corporation, PTC, Inc., AUTODESK, INC., GPI Prototype & Manufacturing Services, INC., Dassault Systmes, Doob Group AG, Sciaky Inc., Organovo Holdings, INC., Artec 3D, 3D Systems Corporation, Imaginarium, Materialise NV, Sculpteo, Shapeways, STRATASYS LTD., Siemens PLM Software Inc., Pixologic, Inc., Digital Mechanics AB, Trimble Inc., The ExOne Company, Star Rapid, VoxelJet AG and among others. Key players are engaged in developing various products variants to strengthen their market share as well as gain traction in regional marketplace.
By services offering, Asia-Pacific 3D printing software & services market is bifurcated into training services, maintenance services, printing services, and consulting services. By software offerings, market is bifurcated into inspection software, design software, printing software and embedded AI software. Embedded software includes image recognition, deep learning, Natural Language Processing (NLP), machine learning, and speech recognition. By technology, market is bifurcated into binder jetting, powder bed fusion, material extrusion, vat photopolymerisaton, material jetting and other technologies. By printing material, market is bifurcated into metals & metal alloys, paper, wax, lay-wood, plastics & polymers, biocompatible material, ceramics and other materials. By application, market is bifurcated into functional part manufacturing, tooling, prototyping and others. In addition, by use type, market is bifurcated into commercial use and personal use.
Rise in technological advancements, increase in disposable income, high investment cost of 3D printers, ease of developing customized 3DP products and growth in adoption of smart technology from a variety of industries like food & beverage, fashion, healthcare and automotive are some major factors, which are responsible for growth of Asia-Pacific 3D printing software & services market. Apart from this, high cost & complexity as well as quality or functionality of 3DP products and availability of free 3D printing software & services are some hindering factors for market. Moreover, growth in demand from various manufacturing sectors is a key opportunity for market.
The Asia-Pacific region is witnessing high growth because it is hub for automotive manufacturing and furthermore witnessing advancements in the healthcare sector. This region comprises of developing countries that advantage from the low-cost printing of products/items, particularly in the healthcare sector. It is expected that Asia-Pacific 3D printing software & services market will be reached at rapid pace on account of rise in demand of 3D printing software & services in automotive industry during the forecast period.
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Asia Pacific 3D Printing Software and Service Market 2020-2030 by Offering, Printing Material, Technology, Use Type (Commercial, Personal), Application, Industry Vertical, and Region: Trend Forecast and Growth Opportunity
Ankur Gupta, Head Marketing & Communications