Stereolithography (SLA) Technology 3D Printing 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 200 Cm3, Between 200cm3 To 800 Cm3, Above 800cm3), By Application (Industrial, Residential), And By Geography - Forecasts From 2021 To 2026

Published:  Dec 2021 Report Code: KSI061612115 Pages: 100

The Stereolithography (SLA) Technology 3D Printing Market was valued at US$1.793 billion in 2019 and is expected to grow at a CAGR of 28.71% over the forecast period to reach a total market size of US$10.489 billion by 2026. 

One of the most popular and widely used additive manufacturing techniques is stereolithography, more commonly known as SLA 3D printing. Laser energy is used to harden liquid resin stored in a reservoir, and this allows the desired 3D shape to be created. Photopolymerization and a low-power laser combine to create layers of solid plastics in layers of photosensitive liquid. This form of 3D printing, also known as resin 3D printing, has become immensely popular for its ability to make high-precision, watertight and precise prototypes, parts, and components out of a wide variety of advanced materials with smooth surfaces.  For example, SLA 3D printing is used by companies like Gillette to develop consumer products such as 3D printed razor handles as part of their Razor Maker platform. Rubanmaster, innovators in 3D printing, have introduced an all-in-one device that combines the versatility of laser engraving and cutting with the high quality available from SLA 3D printing. Anyone can capture their creativity with the printer's innovative features. Stereolithography market growth is strongly influenced by such industry developments.

stereolithography (sla) technology 3d printing market

The three-dimensional printing process of stereolithography has seen significant changes. It has traditionally been cost-prohibitive and difficult to use resin 3D printers because they require skilled technicians and expensive maintenance contracts. Today's small-format desktop printers provide high-quality output at an unprecedented price point, making them more affordable than ever. Manufacturers are aggressively seeking out new products. Such as, in September 2021, SoonSolid Tech, a well-known company in 3d printing Stereolithography, announced the launch of the Mars Pro, an industrial-grade SLA 3D printer made by the German company Forward AM, which will provide better 3D printing solutions to global customers. 

stereolithography (sla) technology 3d printing market

Growth Factors:

  • Multiple applications in various industries

The original purpose of SLA printing was for engineers to produce high-quality, plastic prototypes in a timely manner. This is still one of its primary uses today. In addition, this 3D printing technique is also gaining popularity in medicine. It is most often used to create anatomically correct body diagrams for educational purposes. In addition to manufacturing plastic components, SLA printing is used for jewelry, dental tools, auto parts, and prosthetics. Fine features, smooth surface finishing, ultimate precision, and accuracy, as well as mechanical characteristics such as isotropy, water tightness, and material versatility, are just some of the reasons why SLA 3D printing has gained a lot of popularity. The ability of SLA 3D printing to repeatedly create accurate parts is critical to industries ranging from manufacturing to dental.  In July 2020, Formlabs, the leading 3D printer manufacturers, announced the launch of six new SLA 3D printing materials. 3D printing resins for 3D printing support a variety of industries and uses in these industries. Products are mainly focused on the Engineering, Product Design, Manufacturing, and Healthcare & Dental segments. Copper3D, dedicated to bringing antimicrobial materials to 3D printing, launched  Glaciarys AR3, a new, biocompatible SLA resin that can be used in surgical and dental applications in  June 2021. The Indomake INSL 3D printer series was launched by STPL3D, a Surat-based company that specializes in rapid prototyping & additive manufacturing.  With these new industrial-level 3D printers, Indian manufacturing has advanced significantly. UnionTech, a global leader in 3d printing Stereolithography, has launched the world's first ultra-large format stereolithography 3d printer at Formnext Connect 2020, an internet expo for the most innovative products from all of the world's acclaimed makers. As a result of these major developments, these leading companies have helped drive the growth of the stereolithography 3D printing market. 

Restrain:

  • Complex process and high cost

There are several factors that can hinder the growth of the market. For one, models made of resin are susceptible to damage from sun exposure. The printing process is more complicated. Using a 3D printer requires technical expertise. The resin used to print high-quality prints with SLA printers is highly toxic and should not be handled by inexperienced users. In general, resins are quite fragile, making them unsuitable for testing mechanical integrity or for functional prototypes. There are only limited color choices and material options with SLA, generally offered in black, white, grey, and clear. The resins used in printers from various brands are often proprietary, so they can't be interchanged easily. 

COVID-19 Impact on Stereolithography (SLA) Technology 3D Printing Market:

As governments around the world were not prepared for such a pandemic, millions of health care professionals were left unprotected during the COVID-19 crisis due to the high demand for medical devices and personal protective equipment (PPE). The community of three-dimensional printing (3DP) enthusiasts, from universities to home printer owners, worked day and night to support hospitals by providing PPE and other medical supplies. SLA 3D printing is widely used by companies such as Kings SLA 3D printers, which have developed goggles, shield masks, and breathing valves to combat Coronavirus. SLA 3d printing has been successfully used by a company in Lanzhou to manufacture medical goggles using SLA 3d printing technology. The SLA face shield design was offered by 3D Systems as the result of a technological innovation that was optimized and manufactured using medical-grade ABS white (SL 7810) on our SLA  ProX 500 machine, one of the industry's most advanced machines. Printing was made as efficient as possible while maintaining flexibility, robustness, comfort, and field of view. The Covid-19 pandemic has had a positive impact on this industry. 

Stereolithography (SLA) Technology 3D Printing Market Scope:

Report Metric Details
 Market size value in 2019  US$1.793 billion
 Market size value in 2026  US$10.489 billion
 Growth Rate  CAGR of 28.71% from 2019 to 2026
 Base year  2019
 Forecast period  2021–2026
 Forecast Unit (Value)  USD Billion
 Segments covered  Price, Volume, Application, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered XYZprinting, Inc. (A part of New Kinpo Group), Formlabs, Inc., 3DSystems, Inc., Peopoly, SparkMaker, Asiga, Shenzhen Dazzle Laser Forming Technology Co., Ltd., DWS s.r.l, Sharebot s.r.l, Shining 3D
 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 200 cm3
    • Between 200cm3 to 800 cm3
    • Above 800cm3 
  • By Application
    • Industrial
    • Residential
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Japan
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the stereolithography technology 3D printing market size by 2026?
A1. The global stereolithography technology 3D printing market is expected to reach a market size of US$10.489 billion by 2026.


Q2. What is the size of the global stereolithography (SLA) technology 3D printing market?
A2. Stereolithography (SLA) Technology 3D Printing Market was valued at US$1.793 billion in 2019.


Q3. What are the growth prospects for the stereolithography technology 3D printing market?
A3. The stereolithography technology 3D printing market is expected to grow at a CAGR of 28.71% over the forecast period.


Q4. Who are the major players in the stereolithography technology 3D printing market?
A4. Prominent key market players in the stereolithography technology 3D printing market include XYZprinting, Inc., Formlabs, Inc., 3DSystems, Inc., Peopoly, SparkMaker, Asiga, among others.


Q5. How is the global stereolithography (SLA) technology 3D printing market segmented?
A5. The stereolithography technology 3D printing market has been segmented by price, volume, application, and geography.

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. 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. STEREOLITHOGRAPHY (SLA) TECHNOLOGY 3D PRINTING MARKET, BY PRICE
5.1. Introduction
5.2. Under US$1000
5.3. Between US$1000 to US$2500
5.4. Above US$2500

6. STEREOLITHOGRAPHY (SLA) TECHNOLOGY 3D PRINTING MARKET, BY VOLUME
6.1. Introduction
6.2. Under 200 cm3
6.3. Between 200 to 800 cm3
6.4. Above 800 cm3

7. STEREOLITHOGRAPHY (SLA) TECHNOLOGY 3D PRINTING MARKET, BY APPLICATION
7.1. Introduction
7.2. Industrial
7.3. Residential 

8. STEREOLITHOGRAPHY (SLA) TECHNOLOGY 3D PRINTING MARKET, BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. United States
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. United Kingdom 
8.4.4. Spain 
8.4.5. Others
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. Israel
8.5.4. Others
8.6. Asia Pacific
8.6.1. China
8.6.2. India
8.6.3. South Korea
8.6.4. Taiwan
8.6.5. Thailand
8.6.6. Indonesia 
8.6.7. Japan
8.6.8. Others

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. XYZprinting, Inc. 
10.2. Formlabs, Inc.
10.3. 3DSystems, Inc.
10.4. Peopoly
10.5. SparkMaker
10.6. DWS s.r.l.
10.7. Sharebot s.r.l
10.8. Shining 3D

XYZprinting, Inc. (A part of New Kinpo Group)

Formlabs, Inc.

3DSystems, Inc.

Peopoly

SparkMaker

Asiga

Shenzhen Dazzle Laser Forming Technology Co., Ltd.

DWS s.r.l

Sharebot s.r.l

Shining 3D

Pricing

Explore Custom Options available with this study:

  •  Request customization
  •  Buy sections of the study
  •  Buy country specific report
  •  Request excel, Historical data
  •  Subscription inquiry
  •  Request special pricing

Our Value Proposition

Analyst Support

All our studies come with 2 months of analyst support.


Confidentiality

We are in compliance with the global privacy laws.

Connect With Us

Related Reports