Latin America Market Insights on 3D Printing: Insights & Forecasts, 2019-2025: Emphasis on Component ((Product (Professional/Industrial Printer, Personal/Desktop 3D Printers), Material (Polymer, Plastic, Metals and Alloys, Ceramic, Other Materials),

SKU ID : UMI- 14357678

Publishing Date : 01-Aug-2020

No. of pages : 167


  • Since technology has advanced considerably at a surprising rate in the last few decades, Latin America is also advancing in this segment and has been successful in displaying pleasantry growth over the last few years wherein United Nations Industrial Development Organization is support the country to exploit this potential. Although 3D printing is slowly gaining traction in Latin America and is at the nascent stage, the country showcases ample opportunities in health care sector specifically in bio printing. Bio printing is characterized by simple scanning a part of body and 3D printer can create an organ out of bio ink and can be transplanted into the human body.

    The market for additive manufacturing in Latin America has bolstered considerably majorly attributed to gradual expansion of 3D printing owing to surging investments by 3D market. Latin America 3D Printing market was evaluated at US 307.6 million in 2017 and is anticipated to reah US XX million by 2024 displaying exponential CAGR of XX% during the forecasted period. With 3D printing becoming the part of industrial production process, small chunk of 3D players have showcased their interest in the region and purposes to set up 3D shops and explore investment opportunities in South American marketplace. With 3D printing becoming the part of industrial production process, small chunk of 3D players have showcased their interest in the region and purposes to set up 3D shops and explore investment opportunities in South American marketplace. However, high cost involved in terms of 3D printers, political and economic crisis and skill shortage act impeding factors in the growth potential of Latin America 3D printing market. Rising need for skilled employees across the additive manufacturing industry has become one of the major concern in the country while painful transitions from economic prosperity are hampering the prospects for 3D printing market in the country.

    Insights Presented in the Report:

    The report analyses 3D Printing market report majorly based on component, technology, applications and end users. Products, materials and services are the major components considered in the deep analysis of the 3D printing industry.
    Product segment is further classified into professional printers and desktop printers. Product segment is expected to register fastest growth, owing to increasing demand for desktop 3D printers over the period of time although industrial printers is projected to continue to display its dominance till 2024.
    Latin America 3D printing material market is further divided into different material types including polymer, plastic, metal and alloys, ceramics and others materials. In 2017, polymer segment dominated the Latin America 3D printing material type market as they represent greatest penetration and user accessibility in 3D printing.
    Stereolithography, Selective Laser Sintering, Electron Beam Melting, Fused deposition modeling, Laminated object Manufacturing and Others are the major technologies considered while analyzing the regional 3D printing market. Fused Deposition Modelling, Selective Laser Sintering and Stereolithography constitute as the topmost technologies in 3D printing. Fused Deposition Modelling occupied the prominent share in 2017 as it is one of the prominent and user friendly technology that is widely used to create 3D printed objects.
    Based on application type, Latin America 3D printing market is bifurcated into functional parts, fit and assembly, prototype modelling, education, metal casting, Visual Aids, Presentation Modelling and other applications. Functional parts captured maximum share during 2017 owing to its fast speed, quality and low cost of additive manufacturing.
    Furthermore, 3D printing techniques find its major application in verticals such as education, automotive, aerospace & defense, healthcare, consumer goods, manufacturing, construction and others. Manufacturing sector dominated 3D printing landscape during 2017 owing to bolstering digitalization wherein 3D printing solutions have paved way for manufacturing companies.
    For better understanding of the geographical penetration of 3D printing market in Latin America, the market is analyzed based on its outreach in the countries such as Brazil, Argentina, Chile and rest of Latin America. Brazil captures the major share in Latin America 3D printing primarily owing to growing acceptance of the technique among various industry verticals such as automotive, aerospace and defense and other verticals.
    The report also highlights few prominent players operating in the 3D Printing market of Latin America region. Key companies profiled in the report include 3D Systems Corporation, Arcam AB, Royal DSM N.V., Stratasys Ltd., Autodesk, Inc., The ExOne Company, Hoganas AB, Organovo Holdings, Inc, Mcor Technologies Limited and Voxeljet AG. Apart from the respective global players, Timaker, constitutes to the be the leader in terms of sales in 3D printing in the region which offers wide spectrum of services ranging from manufacture of own 3D printers, materials and other related services.
    Reasons to buy the Report:

    The study includes market sizing and forecasting analysis validated by authenticated key industry experts
    The report presents a quick review of overall industry performance at one glance
    The report covers in depth analysis of prominent industry peers with primary focus on key business financials, product portfolio, expansion strategies and recent developments
    Detailed examination on drivers, restraints, key trends and opportunities prevailing in the industry.
    Examination of industry attractiveness with the help of Porter’s Five Forces analysis
    The study comprehensively covers the market across different segments
    Deep dive regional level analysis of the industry
    Customization Options:

    The Latin America 3D Printing Market can be customized to country level or any other market segment. Besides this, Report understands that you may have your own business need, hence we also provide fully customised solutions to clients.

    Frequently Asked Questions

    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
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    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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