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India 3D Printing Market Overview, 2028


The India 3D printing market is predicted to grow at fastest CAGR during the forecast period due to the rising demand from automotive, medical, aerospace, that will drive the market growth as 3D pr... もっと見る

 

 

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Summary

The India 3D printing market is predicted to grow at fastest CAGR during the forecast period due to the rising demand from automotive, medical, aerospace, that will drive the market growth as 3D printing market growth as 3D printing makes the process faster, cheaper, and easier to build prototypes, allowing more innovation and experimentation. In India technology advancement and increased R&D efforts have accelerated the development of healthcare 3D printing, which serves as life-saving medical devices in situations such as dental diseases and various implant situations. The changing lifestyle is causing an increase in the demand for dental implants. As a result of the increased prevalence of dental deformities, there is a greater demand for the treatment of such diseases using appropriate advanced medical devices and implants, boosting the growth of the dental 3-dimensional (3-D) printing market. In Addition, 3D printing India has already established its presence in the education sector. Several schools and universities are utilizing 3D printers to educate students on additive manufacturing. They have access to a variety of designs and learn about the manufacturing process early in their careers.

According to the research report "India 3D Printing Market Overview, 2028," published by Bonafide Research, the India 3D Printing market is expected to grow at around 30% CAGR from 2023 to 2028. The automotive industry in India is also adopting 3D printing technology for prototyping, tooling, and the production of customized parts. 3D printing enables the production of low-volume, high-value parts, which can be cost-effective for small and medium-sized automotive manufacturers. Furthermore, 3D printing is also being used in the construction industry in India to produce building components, such as wall panels and moulds, with faster production times and reduced labor costs. Moreover, India has a long history of jewellery making, and 3D printing is now being used in the jewelry industry to produce intricate designs and patterns with high precision and quality. In addition, The Indian defense and security sector is adopting 3D printing technology for various applications such as prototyping, manufacturing of spare parts, and tooling. This technology helps to reduce the time and cost required for producing customized components. Furthermore, In India, the robotics and automation industry is using 3D printing to create personalized end-effectors and grippers. These components can be quickly designed and printed to meet specific automation needs.

In India, some of the popular 3D printer manufacturers include Divide By Zero Technologies is A Pune-based company that offers a range of industrial-grade 3D printers for applications such as aerospace, automotive, and medical industries. Furthermore, Intech Additive Solutions is A Bangalore-based Company that specializes in metal 3D printing technology for industries such as aerospace, defense, and medical. Moreover, 3D Systems is an American multinational company that has a presence in India and offers a range of 3D printers for various applications such as prototyping, tooling, and production. Moreover, Imaginarium is a Mumbai-based company that provides 3D printing services and also offers a range of 3D printers for various applications such as education, jewellery, and industrial design. Furthermore, Imaginarium is A Mumbai-based Company that provides 3D printing services and also offers a range of 3D printers for various applications such as education, jewelry, and industrial design. Moreover, Mbot 3D Printer is a Delhi-based company that offers affordable 3D printers for personal and educational use. In addition, WOL3D is a Delhi-based company that offers a range of 3D printers for various applications such as education, prototyping, and small-scale production. Some popular 3D printing service providers in India include 3Ding, Fracktal Works, MakeWhale, Chizel, think3D, Global 3D Labs, Materialise, and many more. Some popular 3D printing resellers in India Redington 3D, DesignTech Systems, Imaginarium, Mbot 3D Printer, Novabeans, WOL3D, and many more.

There are several tech expos and exhibitions held in India that focus on 3D printing technology. Some of them are the India 3D Printing Expo, held annually in Mumbai. This expo brings together manufacturers, resellers, and service providers in the 3D printing industry to showcase the latest technology and innovations. Furthermore, Additive Manufacturing India Expo is organized by the Confederation of Indian Industry (CII), this expo is held annually in Mumbai and showcases the latest advancements in 3D printing technology for industries such as aerospace, automotive, and medical. Moreover, RapidPro is organised by Indian 3D printing company Divide by Zero Technologies; this expo is held annually in Bangalore and showcases the latest 3D printing technology and applications for industries such as architecture, jewellery, and manufacturing. In addition, inside 3D Printing Mumbai expo is part of a global series of exhibitions focused on 3D printing technology and is held annually in Mumbai. It brings together manufacturers, resellers, and service providers to showcase the latest developments in 3D printing technology.

There are many start-ups in India that are exploring the possibilities of 3D printing technology. Some of them are Trilab, a Mumbai-based start-up that provides affordable 3D printers, 3D printing services, and workshops on 3D printing technology. Furthermore, Aha 3D Innovations is A Pune-based start-up that provides 3D printing solutions for prototyping, manufacturing, and product design. Moreover, Anatomiz3D is a Mumbai-based start-up that provides 3D printing solutions for the healthcare industry, including patient-specific medical models, surgical planning, and medical device development. Moreover, Thinkerbell Labs is a Delhi-based start-up that provides Braille literacy devices and educational tools using 3D printing technology. Moreover, Pandorum Technologies is a Bangalore-based start-up that uses 3D printing technology to develop human tissues for medical research and drug discovery. In addition, Myelin Foundry is a Bangalore-based start-up that uses 3D printing technology to develop customised prosthetics and orthotics.

In India Traditional manufacturing processes have a wider range of raw materials than 3D printing-based manufacturing processes. Product manufacturing with 3D printing technology is an expensive process due to high material costs, which is a significant market restraint. Despite the fact that the technology is a significant process breakthrough, the materials that can be used are still limited. Furthermore, the accuracy and reproducibility of 3D-printed products are hampered by a lack of standards governing the mechanical properties of the materials used.

Considered in this report
• Geography: India
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• India emirates 3D Printing market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Offerings:
• Printers
• Materials
• Services
• Software

By Printer Type:
• Desktop 3D Printer
• Industrial 3D Printer

By Application Type:
• Prototyping
• Functional Part Manufacturing
• Tooling

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started doing primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the 3D printing industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.














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Table of Contents

Table of Contents
1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. India Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. India 3D Printing Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Printer Type
6.3. Market Size and Forecast By Offerings
6.4. Market Size and Forecast By Application
7. India 3D Printing Market Segmentations
7.1. India 3D Printing Market, By Printer Type
7.1.1. India 3D Printing Market Size, By Desktop 3D Printer, 2017-2028
7.1.2. India 3D Printing Market Size, By Industrial 3D Printer, 2017-2028
7.2. India 3D Printing Market, By Offerings
7.2.1. India 3D Printing Market Size, By Printers, 2017-2028
7.2.2. India 3D Printing Market Size, By Materials, 2017-2028
7.2.3. India 3D Printing Market Size, By Services, 2017-2028
7.2.4. India 3D Printing Market Size, By Software, 2017-2028
7.3. India 3D Printing Market, By Application
7.3.1. India 3D Printing Market Size, By Prototyping, 2017-2028
7.3.2. India 3D Printing Market Size, By Functional Part Manufacturing, 2017-2028
7.3.3. India 3D Printing Market Size, By Tooling, 2017-2028
8. India 3D Printing Market Opportunity Assessment
8.1. By Printer Type, 2023 to 2028
8.2. By Offerings, 2023 to 2028
8.3. By Application, 2023 to 2028
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer

List of Figures
Figure 1: India 3D Printing Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 2: Market Attractiveness Index, By Printer Type
Figure 3: Market Attractiveness Index, By Offerings
Figure 4: Market Attractiveness Index, By Application
Figure 5: Porter's Five Forces of India 3D Printing Market

List of Table
Table 1 : Influencing Factors for Global 3D Printing Market, 2022
Table 2: India 3D Printing Market Size and Forecast By Printer Type (2017, 2022 & 2028F)
Table 3: India 3D Printing Market Size and Forecast By Offerings (2017, 2022 & 2028F)
Table 4: India 3D Printing Market Size and Forecast By Application (2017, 2022 & 2028F)
Table 5: India 3D Printing Market Size of Desktop 3D Printer (2017 to 2028) in USD Billion
Table 6: India 3D Printing Market Size of Industrial 3D Printer (2017 to 2028) in USD Billion
Table 7: India 3D Printing Market Size of Printers (2017 to 2028) in USD Billion
Table 8: India 3D Printing Market Size of Materials (2017 to 2028) in USD Billion
Table 9: India 3D Printing Market Size of Services (2017 to 2028) in USD Billion
Table 10: India 3D Printing Market Size of Software (2017 to 2028) in USD Billion
Table 11: India 3D Printing Market Size of Prototyping (2017 to 2028) in USD Billion
Table 12: India 3D Printing Market Size of Functional Part Manufacturing (2017 to 2028) in USD Billion
Table 13: India 3D Printing Market Size of Tooling (2017 to 2028) in USD Billion

 

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