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Global Rapid Prototyping Market to reach USD 11.37 billion by 2027

Global Rapid Prototyping Market Size study, by Material (Thermoplastics, Metals & Alloys, Ceramics, Others), by End-Use (Aerospace & Defense, Manufacturing & Construction, Consumer Goods & Electronics, Healthcare, Transportation, Others) and Regional Forecasts 2021-2027

Product Code: CMCC-84391733
Publish Date: 20-01-2023
Page: 200

Global Rapid Prototyping Market is valued at approximately USD 5.44 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 11.1 % over the forecast period 2021-2027. Rapid Prototyping is a group of techniques used to quickly fabricate a scale model of a physical part or assembly using three-dimensional computer-aided design data. The increasing demand for improved technology has led to the growth of rapid prototyping market across the forecast period. For Instance: The U.S. market for rapid prototyping materials is expected to witness growth owing to the rising production of 3D printed products. In addition, increased adoption of 3D printed components in critical industries such as medical and aerospace is expected to drive the market. Growth in the number of R&D initiatives regarding rapid prototyping in the U.S. is also expected to benefit the market growth. Growing technological advancements will lead to an increase in the market for rapid prototyping. Also, with the growth of construction and manufacturing industries, the adoption & demand for Urgent Care Centers is likely to increase the market growth during the forecast period. However, volatility in raw material pricing impedes the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Rapid Prototyping Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the leading region across the world in terms of market share owing to rapid development of construction and manufacturing industries and growing demand for consumer goods owing to the burgeoning population. Whereas Europe is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as low cost and easy availability of raw materials would create lucrative growth prospects for the Rapid Prototyping Market across Europe region.

Major market players included in this report are:
3D System Corporation
EOS GmbH (Electro-Optical Systems)
Renishaw Plc
Stratasys Ltd.
Carpenter Technology Corporation
Arcam AB
Adam R Winter Tooling
Broanmain Plastics
Pentagon Plastics Group
Gravutex Eschmann International Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material:
Thermoplastics
Metals & Alloys
Ceramics
Others
By End User:
Aerospace & Defense
Healthcare
Manufacturing & Construction
Consumer goods & Electronics
Transportation
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Rapid Prototyping Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Global Rapid Prototyping Market, by Region, 2019-2027 (USD Billion)
1.2.2. Global Rapid Prototyping Market, by Material, 2019-2027 (USD Billion)
1.2.3. Global Rapid Prototyping Market, by End-Use, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Rapid Prototyping Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Rapid Prototyping Market Dynamics
3.1. Rapid Prototyping Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increasing demand for Improved Technology
3.1.1.2. Growing technological advancements
3.1.2. Market Challenges
3.1.2.1. Volatility in raw material pricing
3.1.3. Market Opportunities
3.1.3.1. Growth of construction and manufacturing industries
Chapter 4. Global Rapid Prototyping Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Rapid Prototyping Market, by Material
6.1. Market Snapshot
6.2. Global Rapid Prototyping Market by Material, Performance – Potential Analysis
6.3. Global Rapid Prototyping Market Estimates & Forecasts by Material, 2018-2027 (USD Billion)
6.4. Rapid Prototyping Market, Sub Segment Analysis
6.4.1. Thermoplastics
6.4.2. Metals & Alloys
6.4.3. Ceramics
6.4.4. Others
Chapter 7. Global Rapid Prototyping Market, by End-Use
7.1. Market Snapshot
7.2. Global Rapid Prototyping Market by End-Use, Performance – Potential Analysis
7.3. Global Rapid Prototyping Market Estimates & Forecasts by End-Use 2018-2027 (USD Billion)
7.4. Rapid Prototyping Market, Sub Segment Analysis
7.4.1. Aerospace & Defense
7.4.2. Healthcare
7.4.3. Manufacturing & Construction
7.4.4. Consumer goods & Electronics
7.4.5. Transportation
7.4.6. Others
Chapter 8. Global Rapid Prototyping Market, Regional Analysis
8.1. Rapid Prototyping Market, Regional Market Snapshot
8.2. North America Rapid Prototyping Market
8.2.1. U.S. Rapid Prototyping Market
8.2.1.1. Material breakdown estimates & forecasts, 2018-2027
8.2.1.2. End-Use breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Rapid Prototyping Market
8.3. Europe Rapid Prototyping Market Snapshot
8.3.1. U.K. Rapid Prototyping Market
8.3.2. Germany Rapid Prototyping Market
8.3.3. France Rapid Prototyping Market
8.3.4. Spain Rapid Prototyping Market
8.3.5. Italy Rapid Prototyping Market
8.3.6. Rest of Europe Rapid Prototyping Market
8.4. Asia-Pacific Rapid Prototyping Market Snapshot
8.4.1. China Rapid Prototyping Market
8.4.2. India Rapid Prototyping Market
8.4.3. Japan Rapid Prototyping Market
8.4.4. Australia Rapid Prototyping Market
8.4.5. South Korea Rapid Prototyping Market
8.4.6. Rest of Asia Pacific Rapid Prototyping Market
8.5. Latin America Rapid Prototyping Market Snapshot
8.5.1. Brazil Rapid Prototyping Market
8.5.2. Mexico Rapid Prototyping Market
8.6. Rest of The World Rapid Prototyping Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. 3D System Corporation
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. EOS GmbH (Electro-Optical Systems)
9.2.3. Renishaw Plc
9.2.4. Stratasys Ltd.
9.2.5. Carpenter Technology Corporation
9.2.6. Arcam AB
9.2.7. Adam R Winter Tooling
9.2.8. Broanmain Plastics
9.2.9. Pentagon Plastics Group
9.2.10. Gravutex Eschmann International Ltd
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
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To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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