By 2015, 3D Printing Market Expected to Earn Sizeable Revenues from Oil & Gas and Aerospace Sectors

Home 3D printing is expected to stay as a hobbyist market due to current limitations on price and availability raw materials. Dr. Jon Harrop, an analyst for the 3D printing market, says “the overall 3D printing market is expected to be worth US$20 billion by 2025”.


Albany, NY -- (SBWIRE) -- 09/03/2015 -- From a niche technology to one that is being touted as the catalyst for the third industrial revolution, 3D printing has been the center of much hype over the last few years. To explore this trend further, Market Research Reports Search Engine (MRRSE) has added a new report titled ' 3D Printing 2015-2025: Technologies, Markets, Players' to its repository. The report, published by IDTechEx, covers the current status and future trends and opportunities in the 3D printing market. The report also offers much information besides in the form of illustrative tables and analytical graphs. Company profiles of leading players across the globe form a pivotal part of the study.

A wide array of technologies is deployed in 3D printing operations, and the report covers the most important ones among these in detail. The report offers forecasts for industries where 3D printing is now widely used. These include: Aerospace, bioprinting, consumer products, automotive, oil and gas, medical, dental, hobbyist, education, and jewelry.

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The team of analysts that produced this report expects the mammoth oil and gas industry—which earns trillions of dollars by way of revenues annually—to be the leading emerging user of 3D printing. The aerospace industry, with its ever-increasing demand for high-precision and failsafe components, will also create a rather discernible demand for 3D printing.

According to the report, when 3D printing penetrates the market to a considerable degree, it is these big industries that will bring about the stabilization of 3D printing prices. However, that is not to entirely discount the periodic price fluctuations that will customarily occur as the market progresses. As in the case of conventional CNC machines and tools, growth in the 3D printing market, too, will not be monotonic.

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The 3D printing technologies analyzed in the market research report are: Stereolithography, inkjetted photopolymers, digital light processing, thermoplastic extrusion, selective laser melting of metals, selective laser sintering of plastics, welding, binder jetted into metal powder, hybrid CNC, blown metal powder, sand welding, and more. The entire 3D printing landscape is mapped on the basis on the precision of the type of technology, size, precision, as well as price.

By applications, detailed analyses are conducted for: Edutainment, flight-critical component manufacturing, art, mold making for metal casing, tooling, modeling and rapid prototyping.

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