Gurugram, India, July 20, 2022 (GLOBE NEWSWIRE) --

Competition Scenario:  The industry is currently highly fragmented with presence of ~250 global players and ~80 regional players operating in the 3D Printing space in UAE. The Global Players like 3D Systems Corporation, Stratasys Ltd, SLM Solutions Group, Materialise NV and others are currently leading the market as these companies have been able to establish themselves in the market due to their capability of introducing technological advancements to the 3D Printing Industry.

Future Market Scenario (Upcoming Technology): The UAE 3D printing Industry is expected to witness positive growth at a double-digit CAGR over the forecast period, 2021P-2026F. Technological Advancement will be seen in the industry such as, new and upcoming technologies like WASP & color jet printers might overpower the existing FDM Technology in the 3D Printing industry.

Over the forecasted period, it is predicted that the application of 3D Printing will shift from prototyping to manufacturing, and there will be a significant change in the type of materials that are used for the 3D Printing Technology.

Partnerships and Collaborations: In the coming future, the 3D printing technology companies will collaborate at an industrial level to create 3D Printing standards with wide and common applicability in the fields of mass manufacturing and prototyping. For Instance, Materialise has partnered with machine manufacturers, universities, software providers, research institutes and 3D printing professionals.

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 customization" believe 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.

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Companies Covered:- Global Players:

Time Period Captured in the Report: -

Key Topics Covered in the Report:-

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APAC 3D Printing Market Outlook to 2025 - By Region (China, Japan, South Korea, India, Australia and Rest of the APAC), By Component (Printers, Materials, Software and Services), By Application (Prototyping, Tooling and Manufacturing), By End Users (Automobile, Healthcare and Medical Device, Aerospace, Machinery and OEMs, Consumer Goods and Others), By Technology and By Material

The APAC 3D printing market has increased at a double-digit positive CAGR during the review period 2014 – 2019(P). The market growth was supported by an increase in the usage of 3D printing, especially for prototyping applications. The technology was majorly adopted by various end-user industries such as automobiles, medical devices and healthcare, aerospace, industrial, archeological, consumer products, fashion, and jewelry industry and other industries and others. The market will witness to grow in the coming years with an increasing application for production application and adoption in other industries.

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