NEW
YORK, June 27, 2024 /PRNewswire/ -- The global
3D printing in education sector market size is estimated to
grow by USD 1.10 billion from
2024-2028, according to Technavio. The market is estimated to grow
at a CAGR of almost 13.64% during the forecast
period. Benefits offered by 3D printing in education
sector is driving market growth, with a trend towards continuous
development of new products. However, growing threat from 3d
printing rental services in education sector poses a
challenge. Key market players include 3D Systems Corp., Anker
Innovations Technology Co., Ltd, BigRep GmbH, Desktop Metal Inc.,
EOS GmbH, Formlabs Inc., Gizmo 3D Printers Pty Ltd., HP Inc., Kinpo
Group, Markforged Holding Corp., MATERIALISE NV, Photocentric Ltd.,
Raise 3D Technologies Inc., Robert Bosch GmbH, Sculpto ApS,
Shenzhen Creality 3D Technology Co. Ltd, Sindoh Co. Ltd., SLM
Solutions Group AG, Stratasys Ltd., SprintRay Inc., Ultimaker BV,
and voxeljet AG.
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
End-user (Higher
education and PreK12), Type (3D printing services and materials and
3D printers), and Geography (North America, Europe, APAC, South
America, and Middle East and Africa)
|
Region
Covered
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Key companies
profiled
|
3D Systems Corp., Anker
Innovations Technology Co., Ltd, BigRep GmbH, Desktop Metal Inc.,
EOS GmbH, Formlabs Inc., Gizmo 3D Printers Pty Ltd., HP Inc., Kinpo
Group, Markforged Holding Corp., MATERIALISE NV, Photocentric Ltd.,
Raise 3D Technologies Inc., Robert Bosch GmbH, Sculpto ApS,
Shenzhen Creality 3D Technology Co. Ltd, Sindoh Co. Ltd., SLM
Solutions Group AG, Stratasys Ltd., SprintRay Inc., Ultimaker BV,
and voxeljet AG
|
Key Market Trends Fueling Growth
The education sector is witnessing an uptick in the adoption of
3D printing technology. This trend is primarily driven by the
numerous benefits of 3D printing, such as enhanced learning
experience and improved teaching methods. Consequently, vendors in
the market are expanding their product offerings to cater to the
growing demand. In April 2024,
SprintRay Inc. Introduced two new 3D printers, the Pro 2 and Midas
+ resins, which offer improved heating and better build platform
recognition. Similarly, in November
2023, Stratasys Ltd launched the F3300 FDM 3D printer, which
provides unmatched value to customers through reduced labor,
increased uptime, and superior part quality. Anker Innovations Co.
Ltd followed suit in August 2023 with
the launch of its new AnkerMake M5C 3D Printer, featuring
customizable single-click, double-click, and long-press actions.
These new launches will boost sales and fuel the expansion of the
global 3D printing market in the education sector.
The 3D printing market in the education sector is experiencing
significant growth, with proof of concept in various industries
like healthcare, defense, automotive, and consumer electronics.
Three-dimensional items created through additive processes using
digital files are revolutionizing education. Resin 3D printers and
filaments are popular choices for creating customized products.
Selective laser sintering, electron beam melting, and laminated
object manufacturing are advanced techniques used in industrial and
aerospace sectors. The competitive environment drives product
extensions, with nonprofit organizations (NPOs) joining the 3D
printed community. Consistent quality is crucial in the final 3D
product, minimizing process downtime in the post-pandemic scenario.
Printer segments like Fused Deposition Modelling and Powder Bed
Fusion cater to prototyping needs in the industrial segment.
Digitization, smart factories, machine learning, and robotics are
key trends shaping the future of 3D printing in education and
beyond. Online 3D printing services offer convenience and
accessibility to a wider audience.
Research report provides comprehensive data on
impact of trend. For more details- Download a Sample
Report
Market Challenges
- Several vendors in the 3D printing market cater to the
education sector by providing rental services for institutions.
This option enables educational institutions to access advanced 3D
printers without the upfront investment. Rental providers offer
additional benefits such as guidance on printer selection, warranty
coverage, classroom materials, and technical support. Companies
like Mileshied Ltd. (trading as Utility Rentals), iMakr, Verashape,
and Airwolf 3D offer 3D printers on a rental basis. Airwolf 3D
provides weekly and monthly rental options. Although this trend may
impact the sales of new 3D printers, it presents an opportunity for
vendors to expand their customer base and generate recurring
revenue. Institutions can focus on their educational objectives
while benefiting from the latest 3D printing technology without the
burden of ownership costs.
- The 3D printing market in education sector is experiencing
significant growth, particularly in customized products for
students. However, challenges persist, including process downtime,
inconsistent quality, and high initial investments. In the
post-pandemic scenario, digitization and smart factories are
driving demand for 3D printing in industrial segments. Printer
segments like Fused Deposition Modeling (FDM), Powder Bed Fusion,
and Prototyping continue to lead. Companies like Redington Limited,
Materialize, Wipro, and Autodesk are key players. Hardware
advancements in Polymer printers, such as Fused Filament
Fabrication, Digital Light Processing, and Stereolithography, are
crucial. Software advancements, automation, and simulation
applications are also essential. Industrial hubs face operational
expenditures and rely on reliable large-format systems. Climate
change, Brexit, and changing technologies pose challenges. Key
trends include machine learning, robotics, online 3D printing, and
hardware and software services. Companies like HP, Microsoft, and
leading 3D printing technologies such as Fused Deposition Modeling
(FDM), Selective Laser Sintering, Polyjet, Multi Jet Fusion, Binder
Jetting, and Electron Beam Melting continue to innovate.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
This 3d printing in education sector market report extensively
covers market segmentation by
- End-user
- 1.1 Higher education
- 1.2 PreK12
- Type
- 2.1 3D printing services and materials
- 2.2 3D printers
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Higher education- The higher education sector
is integrating 3D printing technology to prepare students for
industries that value critical thinking and collaboration skills.
Engineering students use 3D printing for prototype design, while
medical laboratories study body organs and art students create
artwork. Universities offer graduate courses on legal issues in 3D
printing. For instance, Pennsylvania State
University and IIT-Madras provide such courses. Vendors like
3D Systems and Stratasys offer 3D printing solutions for education.
Government initiatives, such as MeitY's national strategy in
India, encourage colleges to adopt
3D printing. Universities like Osmania University collaborate with
industries to develop innovative products using 3D printing
technology. For example, they procured 3D metal printing technology
from SLM Solutions Group AG and Ultimaker FDM 3D printer from
Ultimaker BV. These collaborations and investments in 3D printing
technology will drive growth in the higher education sector during
the forecast period.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2018 - 2022) - Download a Sample Report
Research Analysis
The 3D printing market in the education sector is experiencing
significant growth due to the customized products it offers. With
the shift towards digitization and smart factories, 3D printing is
becoming an essential tool for educational institutions. In the
post-pandemic scenario, 3D printing is expected to play a crucial
role in reducing process downtime and ensuring consistent quality
in the production of final 3D products. The printer segment
includes Fused Deposition Modelling (FDM), Powder Bed Fusion,
Selective laser sintering, Electron Beam Melting, and Laminated
Object Manufacturing. These technologies cater to various
industries such as healthcare, defense, automotive, aerospace,
consumer electronics, and industrial. 3D printer filament and 3D
printing services are essential components of the 3D printing
ecosystem. Machine learning and robotics are being integrated into
3D printing to enhance productivity and efficiency. Online 3D
printing and simulation applications are also gaining popularity in
the education sector. The healthcare sector is leveraging 3D
printing for creating customized medical models, prosthetics, and
surgical tools. The defense sector is using 3D printing for
producing prototypes and spare parts. The automotive sector is
utilizing 3D printing for creating customized car parts and
designing concept cars. Overall, the 3D printing market in the
education sector is poised for significant growth in the coming
years, driven by the need for customized products, consistency in
quality, and the integration of advanced technologies such as
machine learning, robotics, and simulation applications.
Market Research Overview
The 3D printing market in the education sector is witnessing
significant growth due to the customized products it offers.
However, process downtime and high initial investments are
challenges. In the post-pandemic scenario, digitization, smart
factories, machine learning, robotics, and online 3D printing are
driving the market. Printer segments include Fused Deposition
Modeling (FDM), Powder Bed Fusion, and others. Prototyping is a
major application in the industrial segment. Additive processes
like Stereolithography, Digital Light Processing, and Selective
Laser Sintering are popular. Hardware and software advancements in
Polymer printers, Fused Filament Fabrication, and Large-format
systems are crucial. Reliability and automation are key factors.
The competitive environment includes players like Autodesk,
Microsoft, HP, and others. Climate change, Brexit, and operational
expenditures are external factors influencing the market. The
education industry uses 3D printing for proof of concept, product
extensions, and in nonprofit organizations and the 3D printed
community. Industries like healthcare, defense, automotive,
aerospace, and consumer electronics are also adopting 3D
printing.
Learn and explore more about Technavio's in-depth research
reports
The online language learning market is experiencing rapid
growth, driven by advancements in technology and increased
globalization. With the rise of e-learning platforms, interactive
apps, and AI-driven language tools, learners now have access to a
variety of resources to enhance their language skills. The
convenience of learning anytime, anywhere, combined with
personalized learning experiences, has made online language
education more appealing. As a result, the market is projected to
continue expanding, catering to diverse demographics and addressing
the growing demand for bilingual and multilingual proficiency in
both personal and professional settings.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- End-user
-
- Type
-
- 3D Printing Services And Materials
- 3D Printers
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
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trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
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and potential markets and assess their competitive positions within
changing market scenarios.
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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