The Rapid Liquid Printing Market is expected to reach a market worth US$607.119 million in 2026, up from US$69.542 million in 2019, growing at a CAGR of 36.28%. The prime reason which is expected to drive the market growth during the forecasted period is the robust adoption of additive manufacturing across several industries verticals. Rapid liquid printing is the advanced and latest additive manufacturing method under which a liquid object is drawn in 3-D using gel suspension. After formulation in the gel, the object is removed, washed with water, and becomes usable. Increasing preference towards 3D printing objects which are cost-effective is projected to drive the market growth during the forecast period. However, the high initial cost of the printer along with the requirement of technical knowledge for efficient printing may constrain the market growth.
Geographically, the rapid liquid printing market is divided into North America, South America, Europe, the Middle East, and Africa, and the Asia Pacific regions for the study. The North America rapid liquid printing market is expected to dominate during the forecast period, owing to state-of-the-art infrastructure facilities and early adoption of the latest technology also supports the market growth. The Asia Pacific and European region's rapid liquid printing market is expected to witness lucrative growth.
One of the key reasons which are expected to drive positive growth in the market for rapid liquid printing during the forecast period is the rising adoption of 3D printing additive manufacturing technology across several industry verticals. Construction, aerospace and defense, automotive, healthcare, and fashion industries are leading consumers of 3D printing additive manufacturing technology. Robust growth in these industries is projected to provide promising growth prospects for rapid liquid printing technology.
A prime hindrance facing the market for rapid liquid printing technology is the significant cost of printers. Owing to financial constraints, small and medium-scale businesses may find it difficult to finance the high initial cost of rapid liquid printers. Data from World Bank shows that small and medium enterprises account for 90% of global business. Financial constraints are expected to drive away from these businesses, decreeing the market prospects for the rapid liquid printing industry.
The outbreak of the covid-19 virus led to a halt in operations across several industry verticals, including construction, fashion, automotive, utilities, and others. Shutdown and operation restrictions accompanied by supply chain constraints decreased the market demand for rapid liquid printing technology, thus negatively impacting the market.
|Market size value in 2019||US$69.542 million|
|Market size value in 2026||US$607.119 million|
|Growth Rate||CAGR of 36.28% from 2019 to 2026|
|Forecast Unit (Value)||USD Million|
|Segments covered||Offering, Application, Industry, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||3D Systems, Inc., Autodesk, Inc., Dassault Systèmes, EOS, ExOne, Materialise, Native Shoes, Steelcase Inc., Stratasys Direct, Inc.|
|Customization scope||Free report customization with purchase|
Key Market Segments
Frequently Asked Questions (FAQs)
Q1. What will be the rapid liquid printing market size by 2026?
A1. The rapid liquid printing market is projected to reach a market size of US$607.119 million in 2026.
Q2. What is the size of global rapid liquid printing market?
A2. Rapid Liquid Printing Market was valued at US$69.542 million in 2019.
Q3. What are the growth prospects for the rapid liquid printing market?
A3. The global rapid liquid printing market is projected to grow at a CAGR of 36.28% over the forecast period.
Q4. What factors are anticipated to drive the rapid liquid printing market growth?
A4. The demand for electric vehicles will drive the growth of the rapid liquid printing market as electric vehicles require lightweight automobile components which can be made possible through the use of this technology.
Q5. Who are the major players in the rapid liquid printing market?
A5. Prominent/major key market players in the global rapid liquid printing market include 3D Systems, Inc., Autodesk, Inc., BMW AG, Dassault Systèmes, and EOS among others.
1.1. Market Definition
1.2. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. The threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis
5. RAPID LIQUID PRINTING MARKET, BY OFFERING
6. RAPID LIQUID PRINTING MARKET, BY APPLICATION
6.3. Functional/End-Use Part Manufacturing
7. RAPID LIQUID PRINTING MARKET, BY INDUSTRY
7.2. Consumer Product
7.6. Aerospace & Defense
8. RAPID LIQUID PRINTING MARKET, BY GEOGRAPHY
8.2. North America
8.2.1. United States
8.3. South America
8.4.3. United Kingdom
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.6. Asia Pacific
8.6.3. South Korea
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrative
9.3. Mergers, Acquisition, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. Autodesk, Inc.
10.2. Steelcase Inc.
10.3. 3D Systems
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