Saturday, June 18, 2022

The Growth in the UAE 3D Printing Market is fueled by increasing demand from End User Sectors Coupled with Rising Support from Government Initiatives: Ken Research

June 2022|UAE News

  • 3D Printing Technology Extensively used for functional and rapid prototyping purposes as it provides realistic product, better designs, enhanced aesthetics and less material wastage.
  • Growth in domestic manufacturers of 3D printers will present low-cost systems that will drive the market in coming years.
  • The manufacturing Industry will move from mass production to mass customization backed by 3D printing in the coming years.

Polymer Material Most widely used for 3D Printing: Due to its versatile properties and wide applications, polymer is the most widely used material in today’s 3D Printing technology. The purpose of 3D Printing decides the type of material to be used in the process. However, over time as 3D Printing technology becomes mainstream in the manufacturing process, it is anticipated that the trend is going to shift towards materials like metals.

UAE 3D Printing Software Market

Application of 3D Printing in Healthcare: Currently, Prototyping is the most widely use case of the 3D Printing technology, followed by Manufacturing and Tooling. This technology can very much come in handy in the medical devices and healthcare industry as 3D printing can be used for prototyping and manufacturing complex healthcare medical devices with utmost precision. Medical devices like syringes, face shield, stent and other surgical equipment are made using 3D Printing Technology. With Advancements in Technology in the coming years, complex human body organs such as Heart, Bladder, and Kidney are also expected to be 3D Printed.

Rising Government Support: In the current decade, the UAE government has a major focus to develop Abu Dhabi backed by the advancement in technology. This will ensure growth of 3D printing in the emirate as well. Since 3D printed houses lack the element of luxury, and will primarily cater to 2 categories – affordable living, and technology enthusiasts, so the 3D printing construction activities would majorly be focused in the 5 less luxurious emirates other than Dubai, and Abu Dhabi.

Analysts at Ken Research in their latest publication 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 customizationbelieve that the 3D Printing Market in UAE is expected to demonstrate strong growth owing to the progressive policies by the government and the Increasing Awareness of 3D Printing technology in new industries .The market is expected to register a positive CAGR of 28.3% in terms of revenue during the period 2021P – 2026F.

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

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  • 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
  • 3D Printing Service Provider in UAE
  • 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

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