Rapid Prototyping Size, Share, Growth, Demand, Segments and Forecast by 2029
Global Rapid Prototyping Market was valued at USD 903.8 million in 2021 and is expected to reach USD 6233.04 million by 2029, registering a CAGR of 27.3% during the forecast period of 2022-2029. The "additive " accounts for the largest technology segment in the rapid prototyping market owing to as it offers prototyping of any part at a much faster speed that helps in ramping up the designing and production process. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Rapid prototyping (RP) is a novel manufacturing process that allows computer models made with 3D computer-aided software to be produced quickly. Rapid prototyping's key end users include the automobile, aerospace, defence, and other industrial industries. Gearbox housing, driver control systems, metal engine blocks, production tooling, and dashboards are all examples of areas where rapid prototyping is applied in the automotive industry. Applications in the aerospace sector include electrical generators for aeroplanes, engine components, air inlet housing, and other lightweight elements.
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Some of the major players operating in the rapid prototyping market are:
- 3D Systems, Inc. (U.S.)
- Arkema (France)
- Stratasys Ltd. (U.S.)
- DSM (Netherlands)
- EOS (Germany)
- CRP SERVICE S.r.l. (U.S.)
- Envisiontec US LLC (Germany)
- Materialise (Belgium)
- Oxford Performance Materials (U.S.)
- CRS Holdings, LLC (U.S.)
- Stratasys Ltd. (U.S.)
Global Rapid Prototyping Market Scope:
The rapid prototyping market is segmented on the basis of technology, form, function, material and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
- Subtractive
- Additive
- Stereolithography
- Selective Laser Sintering
- Fused Deposition Modeling
- Ink Jet Printing Techniques
- Others
On the basis of technology, the rapid prototyping market has been segmented into subtractive, additive, stereolithography, selective laser sintering, fused deposition modeling, ink jet printing techniques and others. The additive segment is estimated to have largest market share as it offers prototyping of any part at a much faster speed that helps in ramping up the designing and production process.
Form
- Filament
- Ink
- Powder
The rapid prototyping market has also been segmented on the basis of form into filament, ink and powder.
Function
- Conceptual Model
- Functional Prototype
On the basis of function, the rapid prototyping market has been segmented into conceptual model and functional prototype.
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Rapid Prototyping Market Regional Analysis/Insights:
The rapid prototyping market is analysed and market size insights and trends are provided by country, technology, form, function, material and end user as referenced above.
The countries covered in the rapid prototyping market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the rapid prototyping market because of the uninterrupted rise in the automotive and healthcare enterprises. Countless organizations are attempting to innovate unique commodities on rapid prototyping to contend with another well-established player crosswise the globe.
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