Title: INDIA 3D PRINTING MARKET Material
1 INDIA 3D PRINTING MARKET Materials
23D printing technology has made substantial
advancements in developed countries like the U.S,
Europe and now thriving in India. The market in
India is growing at a rate of 20. Automotive and
electronics holds the highest share in Indian 3D
printing market, while healthcare, aerospace and
defense sectors are witnessing higher growth too.
This technology allows designing without
constraints, thus, enabling further creativity
and innovation. Compared to the global 3D
printing market, Indian market is relatively
young however, the growth has been quite
encouraging especially due to the rise of new
start-ups and global company operations in India.
3The most often used strategy for developing a
better hold on to the market has been through
product launches, followed by mergers
acquisitions. Moreover, the company profile
section includes highlights of significant
information about the key companies involved
along with their financial positions key
strategies, developmental activities of recent
years. Globally established players which are
operating their services in India are 3D
systems, Stratasys, Voxeljet AG, Ricoh India,
Renishaw, EOS e-manufacturing solutions,
Schneider prototyping GmbH among others. Some of
the key players-start-ups involved in this market
are J Group Robotics, Global 3D Labs, Fracktal
Works, Sahas Softech llp, Imaginarium , 3Ding,KC
Bots ,Marco Polo Products Pvt. Ltd among others.
4Executive Summary 3D Printing technology in India
is revolutionizing the conventional manufacturing
industry, owing to its huge advantages. The
technology allows printing with suitable range of
materials in lesser time. The conventional
methods which are used to develop models,
prototypes or direct parts usually are costlier
and time consuming. Heavily weighted components
which are usually manufactured by conventional
methods can now be 3D printed with lighter
materials. The Indian market is at a nascent
stage and is gradually paving its way towards
continuous growth. Even though the printer costs
are relatively high, the advancement in new
technologies, readily available materials, rise
of new-start ups and governmental support are
some of the driving factors towards market growth.
5The Indian 3D printing industry has been tracked
along the lines of the type of systems,
materials, application areas, and technologies.
The industry is analyzed based on printer
manufacturers, material providers, end-use
product providers and other service providers,
which include software providers, 3D scanners,
virtual product designs, quick mould solutions,
and embedded service providers, among others. The
different technologies, which are used to 3D
print the products in plastics and photopolymers,
are also identified such as steriolithography,
fused deposition modeling, selective laser
sintering, color jet printing, vacuum casting,
polyjet 3D printing technology, multijet
technology, binder jetting, and plastic jet
printing among others. In India, fused deposition
modeling printers are mostly preferred to 3D
print objects and prototypes as they are
relatively cheaper and are easy to use.
6The major 3D printing applications in India are
also analyzed in the report, which include
Automotive and Electronics, Aerospace and
Defense, Healthcare, Fashion, Art, Aesthetics,
and Others, which include engineering, lifestyle,
food, and architecture among others. The
Electronics Automobile industry in India
contributes significantly to the overall GDP of
the nation. Therefore, the use of 3D printing
technology in this market segment has a higher
share as compared to the other industry
verticals. The Healthcare and Aerospace Defense
sectors are also growing rapidly.
7The report analyzes some of the globally
established players, which are operating their
services in India, such as 3D Systems,
Stratasys, Voxeljet AG, Ricoh India, Renishaw,
EOS e-manufacturing solutions, Schneider
Prototyping GmbH among others. Some of the key
start-ups involved in the Indian market are J
Group Robotics, Global 3D labs, Fracktal works,
Sahas Softech LLP, Imaginarium, 3Ding, KC Bots,
and Marco Polo Products Pvt. Ltd., among others.
The start-ups in this industry segment are
growing stronger day by day and competing against
the well established companies.
8 Table of Contents
- Introduction 20
- Executive Summary 6
- Report Scope And Methodology 13
- Market Dynamics 19
- Indian 3d Printing Industry
- Indian 3dp Industry Analysis By Type Of
Operation 38 - Indian 3d Printing Technology Analysis 44
- Indian 3dp Industry Analysis -BY Application 57
- Competitive Landscape 64
- Company Profiles 77
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