Fused Deposition Modeling (FDM) Technology 3D Printer Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Price (Under US$1000, Between US$1000 And US$2500, Above US$2500), By Volume (Under 10000 Cm3, Between 10000cm3 To 15000 Cm3, Above 15000cm3), By Application (Industrial, Residential), And By Geography - Forecasts From 2022 To 2027

Published:  May 2022 Report Code: KSI061612117 Pages: 94

FDM technology 3D printer market is estimated to be valued at US$1,268.800 million in 2020 and is projected to grow at a CAGR of 29.53% to reach US$7,760.759 million in 2027.

Fused Deposition Modeling (FDM), also known as fused filament fabrication (FFF), is the most extensively utilized method of 3D printing at the consumer level. It is a layer additive manufacturing technology that produces prototype and end-use parts using production-grade thermoplastic materials. Concept models, production tools, and low-volume end-use items are great candidates for FDM. FDM 3D printers have been used in the automotive and aerospace industry to help develop product research and design. FDM printers have also been used in the prosthetics industry to produce economic prosthetic wear. Owing to the versatile nature of the printer, confectionaries have also started using FDM printers to 3D print cakes using chocolate as the raw material. The biggest downside of FDM 3D printing is that as print volumes rise, the printing quality begins to decline. Hence, the FDM printer is not very useful for mass producers like the mobile phone and electronics industry.

The COVID-19 pandemic had a significant impact on the FDM printer market. As a result of the disruptions in global supply networks, demand for these printers has decreased. During this time, the industry's key market drivers, such as aerospace, automotive, industrial, and commercial modelling, saw severe declines, resulting in massive losses. The healthcare industry, on the other hand, has seen an increase in demand for FDM printers. The printers were used for prototyping and making castings for medical equipment.

During the pandemic, Roboze, an Italian 3D printing Tech Company, portrayed the efficiency of FDM printers by 3D printing molds that can help in the mass production of face masks. The molds were made of PEEK, a thermoplastic material that can survive the high temperatures required to thermoform masks. Roboze also provides these molds as 3D printable designs so that they can be accessed by people.

Advancements in the aerospace industry

Owing to its cost-efficient and accurate printing techniques, the FDM technology has been used in the aerospace industry for quite a long time now. Lockheed Martin, a US-based aerospace and technology corporation, has recently announced a cooperation with Stratasys Ltd. and the Metropolitan State University of Denver to study and build aircraft equipment using 3D printing technology. According to Lockheed, the aerospace sector would benefit significantly from developing 3D printed space-ready equipment. Stratasys demonstrated its high-performance Antero 840CN03 FDM filament, designed for production-grade Stratasys FDM 3D printers. It met and exceeded NASA and ESD performance standards while also exceeding the flame, smoke, and toxicity (FST) qualities required for aviation applications. Collaborations in research and development with major firms such as Stratasys and Lockheed Martin enable researchers to be well prepared for the future of the aerospace industry and to embrace cutting-edge technology.

Materialise NV, a Belgium-based 3D Additive manufacturing company, has been working with the aerospace industry to develop 3D printed non-critical interior components for aircraft. In addition, Materialise NV is also a European Union Aviation Safety Agency (EASA) Part 21 subpart G-certified holder of production organization approval (POA). It provides additive manufacturing services for flight-ready parts. Its latest developments include manufacturing spacer panels for Airbus aircrafts using FDM technology. Currently, Materialise has been only working on interior aircraft parts but hopes to expand its processes to exterior parts with the help of the recent advancements in FDM technology.

Production of cost-efficient prosthetics

According to the Amputee Coalition, approximately two million persons in the United States are living with limb loss. Every year, around 185,000 amputations occur in the United States owing to causes ranging from vascular disease to accidents. Furthermore, a prosthesis can range from $5,000 to $50,000 or more. The FDM model can be a rather economical method of producing prosthetic body parts to be used by amputated people.

In a recent development, Agung Dwi Junianto, a teacher from the Sepuluh Nopember Institute of Technology in Indonesia, collaborated with Djoko Kuswanto from M. Biotech to develop and design a 3D printable prosthetic leg design that can be printed by anyone who has a 3D printer. The design for this prosthetic part is available for free on the Thingiverse website. The creators also allow the users to customize the designs for a proper fit and usage. Thingiverse also provides designs for other body parts such as hands, forearms, fingers, and first-aid tools.

A low-cost prosthetic device has been developed based on an academic study on prostheses by Jonathan Yap and Gianni Renda at the Swinburne University of Technology in Melbourne, Australia. PolyLacticAcid was used for prototyping on a Makerbot Replicator 2, which is a hobby-level FDM printer. They demonstrated that a prosthetic foot 3D printed for about $11 performs even better than the most popular SACH-style prosthesis. This was recorded as a breakthrough in the prosthetic industry.

DiveDesign, a New Jersey-based firm, has collaborated with several businesses to develop 3D prostheses and orthotics custom-made for each animal. The company utilizes many FDM 3D print machines to create low and high-fidelity prototypes for their clients’ projects; they also utilize FDM to build the mentioned prosthetics for animals. According to Adam Hecht, the co-founder of DiveDesign, the barrier to entry with FDM is extremely low, and the technology has thousands of material choices and is easily modifiable. 3D printing can now be used to benefit animals, especially to improve their quality of life, thanks to breakthroughs in 3D technology.

Fused Deposition Modeling (FDM) Technology 3D Printer Market Scope:

Report Metric Details
 Market size value in 2020  US$1,268.800 million
 Market size value in 2027  US$7,760.759 million
 Growth Rate  CAGR of 29.53% from 2020 to 2027
 Base year  2020
 Forecast period  2022–2027
 Forecast Unit (Value)  USD Million
 Segments covered  Price, Volume, Application, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered Prusa Research s.r.o., Aleph Objects, Inc., Zortrax, Raise3D, Inc., Ultimaker B.V., Markforged, Inc., Roboze s.r.l., Rize Inc., Stratasys Ltd., BigRep GmbH
 Customization scope  Free report customization with purchase

 

Segmentation

  • By Price
    • Under US$1000
    • Between US$1000 and US$2500
    • Above US$2500
  • By Volume
    • Under 10,000cm3
    • Between 10,000cm3 and 15,000cm3
    • Above 15,000cm3
  • By Application
    • Industrial
    • Residential
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • UK
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

Q1. What are the growth prospects for the FDM technology 3D printer market?
A1. The FDM technology 3D printer market is projected to grow at a CAGR of 29.53% during the forecast period. 


Q2. How is the fused deposition modelling (FDM) technology 3D printer market segmented?
A2. The FDM technology 3D printer market has been segmented by price, volume, application, and geography.


Q3. What will be the FDM technology 3D printer market size by 2027?
A3. The global FDM technology 3D printer market is projected to reach a total market size of US$7,760.759 million by 2027. 


Q4. What is the size of the global fused deposition modelling (FDM) technology 3D printer market?
A4. Fused Deposition Modeling (FDM) Technology 3D Printer Market was valued at US$1,268.800 million in 2020. 


Q5. What factors are anticipated to drive the FDM technology 3D printer market growth?
A5. The advancements in the aerospace industry are driving the fused deposition modelling (FDM) technology 3D printer market growth.

1. Introduction
1.1. Market Definition
1.2. Market Segmentation

2. Research Methodology
2.1. Research Data
2.2. Assumptions

3. Executive Summary
3.1. Research Highlights

4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of End-Users
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. Global Fused Deposition Modeling 3D Printer Market Analysis, by Price
5.1. Introduction
5.2. Under US$1000
5.3. Between US$1000 and US$2500
5.4. Above US$2500

6. Global Fused Deposition Modeling 3D Printer Market Analysis, by Volume
6.1. Introduction
6.2. Under 10,000cm3
6.3. Between 10,000cm3 and 15,000cm3
6.4. Above 15,000cm3

7. Global Fused Deposition Modeling 3D Printer Market Analysis, by Application
7.1. Introduction
7.2. Industrial
7.3. Residential

8. Global Fused Deposition Modeling 3D Printer Market Analysis, by Geography
8.1. Introduction
8.2. North America
8.2.1. USA
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. Germany
8.4.2. France
8.4.3. UK
8.4.4. Others
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. Others
8.6. Asia Pacific
8.6.1. China
8.6.2. India
8.6.3. Japan
8.6.4. South Korea
8.6.5. Taiwan
8.6.6. Thailand
8.6.7. Indonesia
8.6.8. Others

9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix

10. Company Profiles 
10.1. Prusa Research s.r.o.
10.2. Aleph Objects, Inc.
10.3. Zortrax
10.4. Raise3D, Inc.
10.5. Ultimaker B.V.
10.6. Markforged, Inc.
10.7. Roboze s.r.l.
10.8. Rize Inc.
10.9. Stratasys Ltd.
10.10. BigRep GmbH

Prusa Research s.r.o.

Aleph Objects, Inc.

Zortrax

Raise3D, Inc.

Ultimaker B.V.

Markforged, Inc.

Roboze s.r.l.

Rize Inc.

Stratasys Ltd.

BigRep GmbH

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