MENA Manufacturing 3D Printing Market: Current Scenario and Forecast (2019-2025)

MENA Manufacturing 3D Printing Market: Current Scenario and Forecast (2019-2025)

Emphasis on Component ((Product (Professional/Industrial Printer, Personal/Desktop 3D Printers), Material (Polymer, Plastic, Metals and Alloys, Ceramic, Other Materials), Technology ( Fused Deposition Modelling, Selective Laser Sintering, Stereolithography, Electron Beam Melting, Laminated object Manufacturing, Other Technologies), Application (Functional Parts Manufacturing, Fit and Assembly, Prototype Modelling, Research, Model Casting, Visual Aids, Presentation Modelling, Other Applications), Industry Verticals (Food & Beverage, Jewellery, Electronics, Industrial Machinery, Industrial Machinery, Others) and Region

$ 2500
$3500
$4900

Published: Jan-2020

Pages:159

Table:66

Figure:133

Report ID:UMME20173

MENA Manufacturing 3D printing Market was valued at US$ 128.83 Million in 2019 and is anticipated to reach US$ 268.57 Million by 2025 displaying elevated CAGR of 13% over the forecast period (2019-2025). MENA 3D Printing has witnessed notable growth and is poised to spiral to new heights in years to come. Most countries such as UAE, Qatar and Saudi Arabia are willing to seize the opportunities that are inbuilt in 3D printing and hence are gaining leading edge in the technological advancements. Moreover, the region portrays immense potential to radically transform the way various goods are manufactured. For manufacturing industry, the concept of additive manufacturing offers significant value, from the potential to create customized 3D printed manufactured goods to faster development cycles. Companies and retailers have considerably adopted the 3D technique to remain competitive within an ever changing, consumer driven market landscape. From personalized headphones to custom footwear, customization or great freedom design with additive manufacturing offers ample opportunities for product development.

  Advantage of 3D Printing in Manufacturing

For instance, the ability to produce complex structure has resulted into development of innovative products such as Adidas 3D printed shoe soles in 2018, part of broader push to react quick to changing fashions and create more customized products. To add on, Nike has also demonstrated the possibilities of waste reduction by using 3D printing in its FlyKnit shoes, it has been estimated that up to 60% less waste can be produced compared to traditional cut-and-sew methods. The 3D printing technique has emerged as one of the cost-efficient options for manufacturing industry and therefore has impacted the manufacturing sector positively. Moreover, increasing production of customized products, lower costs and government investments have accelerated manufacturing 3D printing market of the MENA region. However, the main challenges in using 3D printing for manufacturing purpose constitute to be the speed and scalability. While most 3D printing techniques are currently suited to low-volume production, manufacturing is heavily oriented towards mass production.

“Amongst component type, product (Printer) segment dominated the market, accounting for 36.4% share in 2018”

Based on component, the market is fragmented into products, material, service and software. Product segment occupied the maximum share in MENA manufacturing 3D printing market owing to increasing preference for desktop 3D printers even though the industrial 3D printers are expected to continue their dominance over the forecast period.

“Amongst printer type, Industrial/Professional Printers was the most used printer type, followed by desktop printers in the MENA manufacturing 3D printing market”

Based on the product (printer), the market is segmented into Professional/Industrial Printers and Personal/Desktop 3D Printers. Professional 3D Printers dominated the MENA manufacturing 3D Printing market; however, desktop 3D Printer is expected to witness a CAGR growth of 14.7% during the analyzed period.

“Amongst material type, the polymer segment generated revenue of US$ 8.67 million in 2018”

Based on the material type, the market is segmented into polymer, plastic, metals and alloys, and ceramics. In 2018, polymer segment held the lead share in the MENA manufacturing 3D printing market as they represent greatest penetration and user accessibility in 3D printing. Based on service, the market is bifurcated into Custom Design and Manufacturing and After Sales Service. Custom Design and Manufacturing occupied the maximum share in Manufacturing Middle East& North Africa 3D printing market. 3D printing offers greater design freedom and spurs innovation. It can create complex geometries or designs as easily as they can print a solid cube and requires no additional costs to create such design.

“Amongst technology, Fused Deposition Modelling technology dominated the market with a 31.6% share in 2018”

Based on the technology, the market is bifurcated into Stereolithography, Selective Laser Sintering, Electron Beam Melting, Fused deposition modeling, Laminated object Manufacturing and other. Fused Deposition Modelling dominated the market in 2018, however, Electron Beam Melting technology is expected to witness highest CAGR growth during the analyzed period.

“Amongst application type, Functional Parts generated revenue of US$ 33.87 million”

Based on application, the market is bifurcated into functional parts, fit and assembly, prototype modelling, research, model casting, visual aids, presentation modelling, others. In 2018, Functional Parts manufacturing dominated the MENA manufacturing 3D Printing technology market.

“Amongst industry verticals, Food & Beverage segment occupied 25.6% share in 2018”

Based on industry verticals, the market is bifurcated into food & beverage, Jewellery, electronics, industrial machinery, packaging material and others. 3D printed food & beverage is the most successful application in the Manufacturing sector in the region. Packaging material segment is expected to witness highest CGAR growth of 13.8% during the forecasted period 2019-2025.

Manufacturing 3D Printing Market Size by End-Use Category, MENA 2018-2025 (US$ Million)

“UAE dominated the MENA manufacturing 3D Printing Market in 2018, accounting for 18.2% share”

For a deep dive analysis of the industry, detailed country level analysis has been conducted to understand the overall penetration of the 3D printing technology in the MENA manufacturing sector. Countries included in the analysis are UAE, Qatar, Saudi Arabia, Kuwait, Egypt, Algeria and Rest of MENA. UAE, Saudi Arabia and Qatar constitute as the most leading and active countries in operating 3D technology wherein they undertake several research and development initiatives to revolutionize the advanced technologies applications. The growing manufacturing sector in UAE, being a wide region, captures the maximum proportion of the 3D printing market in MENA region. 3D printing has become one of the disruptive technologies that is expected to have significant impact on the region’s manufacturing sector.

Competitive Landscape-Top 10 Market Players

3D Systems Corporation, 3D Systems Corporation, Arcam EBM, The ExOne Company, Envision TEC, MCor Technologies, Royal DSM, Materialise NV, Stratasys, Voxeljet, 3D Systems Corporation manufacturing are some of the prominent players operating in the MENA manufacturing 3D printing market industry. Several M&A’s along with partnerships have been undertaken by these players to facilitate costumers with hi-tech and innovative products.

Reasons to buy:

  • Current and future market size from 2019 to 2025 in terms of value (US$)
  • Combined analysis of deep dive secondary research and input from primary research through Key Opinion Leaders of the industry
  • Country level details of the overall adoption of 3D printing technique in manufacturing sector
  • A quick review of overall industry performance at a glance
  • An In-depth analysis of key industry players
  • A detailed analysis of regulatory framework, drivers, restraints, key trends and opportunities prevailing in the industry
  • Examination of industry attractiveness with the help of Porter’s Five Forces analysis and start ups
  • The study comprehensively covers the market across different segments and sub-segments of the technology
  • Country Covered: United Arab Emirates, Qatar, Saudi Arabia, Kuwait, Egypt, Algeria and Rest of MENA

Customization Options:

UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients. The Manufacturing MENA 3D printing market can be customized to country level or any other market segment.

CHAPTER 1          MARKET INTRODUCTION                                            

                                1.1          Market Definition                           

                                1.2          Objective of the Study                 

                                1.3          Limitation                           

                                1.4          Stakeholders                    

                                1.5          Currency used in the Report

                                1.6          Scope of the Report                      

CHAPTER 2          RESEARCH METHODOLOGY OR ASSUMPTION                                   

                                2.1          Research Methodology for Manufacturing 3D Printing Market Study

                                                2.1.1      Main objective of the Manufacturing 3D Printing Market Study

CHAPTER 3          REGULATORY FRAMEWORK                      

CHAPTER 4          INDUSTRY AT A GLANCE                                              

CHAPTER 5          EXECUTIVE SUMMARY                                 

CHAPTER 6          MARKET OVERVIEW                                      

                                6.1          Introduction                                                     

                                6.2          Market Drivers

                                                6.2.1      Increase in Manufacturing Potential

                                                6.2.2      Government Support

                                                6.2.3      Technological Advancements in Apparel Segment

                                6.3          Market Restraints

                                                6.3.1      Lack of Awareness

                                                6.3.2      3D Printing Held by High Cost

                                                6.3.3      Limited Resource Pool in 3D Printing

                                6.4          Market Opportunities

                                                6.4.1      Significant Potential in 3D Electronics

6.4.2      Faster Supply Chains and Reduced Lead Times

6.4.3      Increasing Spending on 3D Printing Technology

CHAPTER 6          DEMAND AND SUPPLY SIDE ANALYSIS

                                6.1          Demand Side Analysis

                                6.2          Supply Side Analysis      

                                                6.2.1      Top Partnerships

                                                6.2.2      Top Mergers& Acquisitions

                                                6.2.3      Top Funding

                                                6.2.4      Top Business Expansions

                                                6.2.5      Top Product Launches

CHAPTER 7          TOP NEWS RELATED TO 3D PRINTING IN MANUFACTURING

7.1   Ganit Goldstein Collaborated with Stratasys on New Fashion Collection of 3D Printed Jewelry and Shoes

7.2   Prodways acquired wax 3D printer manufacturer SolidScape from Stratasys               

7.3   3D printing from Stratasys made an appearance at the event through a novel technique. The company unveiled the ability to 3D print directly onto fabric, in collaboration with esteemed fashion designers three ASFOUR and Travis Fitch.

7.4   Israeli food 3D printing start-up, Redefine Meat has raised funding in a seed funding round to advance the development of its alternative-meat 3D printer             

CHAPTER 8          MENA 3D PRINTING VALUE CHAIN

                                8.1          Key Facts on Additive Manufacturing in MENA region

                                8.2          Value Chain Analysis

CHAPTER 9          EXPORT/IMPORT SCEANRIO OF 3D PRINTED MANUFACTURED GOODS

CHAPTER 10       MARKET INSIGHTS, BY COMPONENT (US$)                                        

                                10.1        General Introduction                    

                                                10.1.1    Product

10.1.1.1  Professional/Industrial 3D Printers

10.1.1.2  Personal/Desktop 3D Printers

                                                10.1.2    Material

                                                                10.1.2.1  Polymer

                                                                10.1.2.2  Plastic

                                                                10.1.2.3  Metal and Alloys

                                                                10.1.2.4  Ceramic

                                                                10.1.2.5  Others

                                                10.1.3    Service

                                                                10.1.3.1  Custom Design and Manufacturing

                                                                10.1.3.2  After Sales Service

                                                10.1.4    Others (Software)

CHAPTER 11       MARKET INSIGHTS, BY TECHNOLOGY (US$)                                       

                                11.1        General Introduction                    

                                                11.1.1    Fused Deposition Modelling

                                                11.1.2    Selective Laser Sintering

                                                11.1.3    Stereolithography

11.1.4    Electron Beam Melting

11.1.5    Laminated Object Manufacturing

11.1.6    Others

CHAPTER 12       MARKET INSIGHTS, BY APPLICATION (US$)                                        

                                12.1        General Introduction                    

                                                12.1.1    Functional Parts

                                                12.1.2    Fit and Assembly

                                                12.1.3    Prototype Modelling

12.1.4    Education

12.1.5    Metal Casting

12.1.6    Visual Aids

12.1.7    Presentation Modelling

12.1.8    Others

CHAPTER 13       MARKET INSIGHTS, BY INDUSTRY VERTICALS (US$)

                                13.1        General Overview

                                                13.1.1    Food & Beverage

                                                13.1.2    Jewellery

13.1.3    Electronics

13.1.4    Industrial Machinery

13.1.5    Packaging Material

13.1.6    Others

CHAPTER 14       MARKET INSIGHTS, BY COUNTRY                                            

                                14.1.      UAE Manufacturing 3D Printing Market

                                                14.1.1    UAE Manufacturing 3D Printing Market, by Component

                                                14.1.2    UAE Manufacturing 3D Printing Market, by Printer Type

                                                14.1.3    UAE Manufacturing 3D Printing Market, by Material Type

                                                14.1.4    UAE Manufacturing 3D Printing Market, by Service Type

                                                14.1.5    UAE Manufacturing 3D Printing Market, by Technology

                                                14.1.6    UAE Manufacturing 3D Printing Market, by Application

                                                14.1.7    UAE Manufacturing 3D Printing Market, by Industry Vertical

                                14.2        Qatar Manufacturing 3D Printing Market

                                                14.2.1    Qatar Manufacturing 3D Printing Market, by Component

                                                14.2.2    Qatar Manufacturing 3D Printing Market, by Printer Type

                                                14.2.3    Qatar Manufacturing 3D Printing Market, by Material Type

                                                14.2.4    Qatar Manufacturing 3D Printing Market, by Service Type

                                                14.2.5    Qatar Manufacturing 3D Printing Market, by Technology

                                                14.2.6    Qatar Manufacturing 3D Printing Market, by Application

                                                14.2.7    Qatar Manufacturing 3D Printing Market, by Industry Vertical

                                14.3        Saudi Arabia Manufacturing 3D Printing Market

                                                14.3.1    Saudi Arabia Manufacturing 3D Printing Market, by Component

                                                14.3.2    Saudi Arabia Manufacturing 3D Printing Market, by Printer Type

                                                14.3.3    Saudi Arabia Manufacturing 3D Printing Market, by Material Type

                                                14.3.4    Saudi Arabia Manufacturing 3D Printing Market, by Service Type

                                                14.3.5    Saudi Arabia Manufacturing 3D Printing Market, by Technology

                                                14.3.6    Saudi Arabia Manufacturing 3D Printing Market, by Application

                                                14.3.7    Saudi Arabia Manufacturing 3D Printing Market, by Industry Vertical

                                14.4        Kuwait Manufacturing 3D Printing Market

                                                14.4.1    Kuwait Manufacturing 3D Printing Market, by Component

                                                14.4.2    Kuwait Manufacturing 3D Printing Market, by Printer Type

                                                14.4.3    Kuwait Manufacturing 3D Printing Market, by Material Type

                                                14.4.4    Kuwait Manufacturing 3D Printing Market, by Service Type

                                                14.4.5    Kuwait Manufacturing 3D Printing Market, by Technology

                                                14.4.6    Kuwait Manufacturing 3D Printing Market, by Application

                                                14.4.7    Kuwait Manufacturing 3D Printing Market, by Industry Vertical

                                14.5        Egypt Manufacturing 3D Printing Market

                                                14.5.1    Egypt Manufacturing 3D Printing Market, by Component

                                                14.5.2    Egypt Manufacturing 3D Printing Market, by Printer Type

                                                14.5.3    Egypt Manufacturing 3D Printing Market, by Material Type

                                                14.5.4    Egypt Manufacturing 3D Printing Market, by Service Type

                                                14.5.5    Egypt Manufacturing 3D Printing Market, by Technology

                                                14.5.6    Egypt Manufacturing 3D Printing Market, by Application

                                                14.5.7    Egypt Manufacturing 3D Printing Market, by Industry Vertical

                                14.6        Algeria Manufacturing 3D Printing Market

                                                14.6.1    Algeria Manufacturing 3D Printing Market, by Component

                                                14.6.2    Algeria Manufacturing 3D Printing Market, by Printer Type

                                                14.6.3    Algeria Manufacturing 3D Printing Market, by Material Type

                                                14.6.4    Algeria Manufacturing 3D Printing Market, by Service Type

                                                14.6.5    Algeria Manufacturing 3D Printing Market, by Technology

                                                14.6.6    Algeria Manufacturing 3D Printing Market, by Application

                                                14.6.7    Algeria Manufacturing 3D Printing Market, by Industry Vertical

                                14.7        Rest of MENA Manufacturing 3D Printing Market

                                                14.7.1    Rest of MENA Manufacturing 3D Printing Market, by Component

                                                14.7.2    Rest of MENA Manufacturing 3D Printing Market, by Printer Type

                                                14.7.3    Rest of MENA Manufacturing 3D Printing Market, by Material Type

                                                14.7.4    Rest of MENA Manufacturing 3D Printing Market, by Service Type

                                                14.7.5    Rest of MENA Manufacturing 3D Printing Market, by Technology

                                                14.7.6    Rest of MENA Manufacturing 3D Printing Market, by Application

                                                14.7.7    Rest of MENA Manufacturing 3D Printing Market, by Industry Vertical

CHAPTER 15       COMPETITIE SCENARIO                                

                                15.2        Market Share Analysis, by Company, 2018                          

15.2.1    MENA Manufacturing 3D Printing Market Share of Major Players, 2018

CHAPTER 16       TOP 10 COMPANY PROFILES                                      

                                16.1        3D Systems Corporation              

                                                16.1.1    Key Facts            

                                                16.1.2    Business Description     

                                                16.1.3    Key Product/Application Offerings          

                                                16.1.4    SWOT Analysis 

                                                16.1.5    Key Financials   

                                                                16.1.5.1  Revenue Split by Region

                                                                16.1.5.2  Revenue Split by Products

                                                16.1.6    Recent developments

                                                                16.1.6.1  Product Launches

                                                                16.1.6.2  Strategic Alliance

                                                                16.1.6.3  Business Expansion

                                                                16.1.6.4  Merger & Acquisition  

                                16.2        Arcam EBM

                                                16.2.1    Key Facts            

                                                16.2.2    Business Description     

                                                16.2.3    Key Product/Application Offerings          

                                                16.2.4    SWOT Analysis 

                                                16.2.5    Recent developments

                                                                16.2.5.1  Product Launches

                                                                16.2.5.2  Strategic Alliance

                                                                16.2.5.3  Business Expansion

                                                                16.2.5.4  Merger & Acquisition

                                16.3        The ExOne Company

                                                16.3.1    Key Facts            

                                                16.3.2    Business Description     

                                                16.3.3    Key Product/Application Offerings          

                                                16.3.4    SWOT Analysis 

                                                16.3.5    Key Financials   

                                                                16.3.5.1  Revenue Split by Region

                                                16.3.6    Recent developments

                                                                16.3.6.1  Product Launches

                                                                16.3.6.2  Strategic Alliance

                                16.4        Envision TEC

                                                16.4.1    Key Facts            

                                                16.4.2    Business Description     

                                                16.4.3    Key Product/Application Offerings          

                                                16.4.4    SWOT Analysis 

                                                16.4.5    Recent developments

                                                                16.4.5.1  Product Launches

                                                                16.4.5.2  Strategic Alliance

                                                                16.4.5.3  Business Expansion

                                                                16.4.5.4  Merger & Acquisition

                                16.5        Mitsubishi Chemical Corporation

                                                16.5.1    Key Facts            

                                                16.5.2    Business Description     

                                                16.5.3    Key Product/Application Offerings          

                                                16.5.4    SWOT Analysis 

                                                16.5.5    Key Financials   

                                                                16.5.5.1  Revenue Split by Region

                                                                16.5.5.2  Financial Overview of Mitsubishi Chemical Corporation

                                                16.5.6    Recent developments

                                                                16.5.6.1  Product Launches

                                                                16.5.6.2  Strategic Alliance

                                                                16.5.6.3  Business Expansion

                                                                16.5.6.4  Merger & Acquisition

                                16.6        MCor Technologies

                                                16.6.1    Key Facts            

                                                16.6.2    Business Description     

                                                16.6.3    Key Product/Application Offerings          

                                                16.6.4    SWOT Analysis 

                                                16.6.5    Key Financials   

                                                16.6.6    Recent developments

                                                                16.6.6.1  Product Launches

                                                                16.6.6.2  Strategic Alliance

                                                                16.6.6.3  Business Expansion and Investment

                                16.7        Royal DSM

                                                16.7.1    Key Facts            

                                                16.7.2    Business Description     

                                                16.7.3    Key Product/Application Offerings          

                                                16.7.4    SWOT Analysis 

                                                16.7.5    Key Financials   

                                                                16.7.5.1  Revenue Split by Region

                                                                16.7.5.2  Financial Overview of Royal DSM N.V

                                                16.7.6    Recent developments

                                                                16.7.6.1  Product Launches

                                                                16.7.6.2  Strategic Alliance

                                                                16.7.6.3  Business Expansion

                                                                16.7.6.4  Merger & Acquisition

                                16.8        Materialise NV

                                                16.8.1    Key Facts            

                                                16.8.2    Business Description     

                                                16.8.3    Key Product/Application Offerings          

                                                16.8.4    SWOT Analysis 

                                                16.8.5    Recent developments

                                                                16.8.5.1  Product Launches

                                                                16.8.5.2  Strategic Alliance

                                                                16.8.5.3  Business Expansion

                                                                16.8.5.4  Merger & Acquisition

                                16.9        Stratasys

                                                16.9.1    Key Facts            

                                                16.9.2    Business Description     

                                                16.9.3    Key Product/Application Offerings          

                                                16.9.4    SWOT Analysis 

                                                16.9.5    Key Financials   

                                                                16.9.5.1  Revenue Split by Region

                                                                16.9.5.2  Financial Overview of Stratasys Ltd.

                                                16.9.6    Recent developments

                                                                16.9.6.1  Product Launches

                                                                16.9.6.2  Strategic Alliance

                                                                16.9.6.3  Business Expansion

                                                                16.9.6.4  Merger & Acquisition

                                16.10      Voxeljet

                                                16.10.1  Key Facts            

                                                16.10.2  Business Description     

                                                16.10.3  Key Product/Application Offerings          

                                                16.10.4  SWOT Analysis 

                                                16.10.5  Key Financials   

                                                                16.10.5.1  Revenue Split by Region

                                                                16.10.5.2  Financial Overview of Voxeljet AG

                                                16.10.6  Recent developments

                                                                16.10.6.1  Product Launches

                                                                16.10.6.2  Strategic Alliance

                                                                16.10.6.3  Business Expansion

                                                                16.10.6.4  Merger & Acquisition

Analyzing historical market, estimation of the current market and forecasting the future market of the MENA Manufacturing 3D Printing Market is based on the three major steps undertaken to create and analyze the adoption trend of the 3D printing technique in manufacturing domain market across various industry verticals in the MENA region. Exhaustive secondary research was conducted to collect the historical market numbers to estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were conducted with industry experts across the value chain of the Manufacturing 3D Printing market in the MENA region. Post assumption and validation of market numbers through primary interviews, bottom-up approach was employed to forecast the complete market size of the MENA Manufacturing 3D Printing market. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the MENA Manufacturing 3D Printing market through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the MENA Manufacturing 3D Printing market, a detailed secondary analysis was conducted to gather historical market insights and share for different segments & sub-segments for major countries across the MENA region. Major segments included in the report are component, technology, application, Industry verticals. Further analysis was also conducted for different countries to analyze the overall adoption of the 3D printing technique in manufacturing domain in the MEAN region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, detailed factor analysis was conducted to estimate the current market size of the MENA Manufacturing 3D Printing market. Factor analysis was conducted using dependent and independent variables such as increase in disposable income, rise in the manufacturing sector, and technological advancements in manufacturing sector etc. The demand and supply-side scenario were also thoroughly studied, considering top partnerships, merger and acquisition, business expansion, product launches and analyzing the list of start-ups in the 3D printing technique across the MEAN region.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Manufacturing 3D Printing market and market shares of these players. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weight was assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e. Bottom-up approach was applied to arrive at the market forecast pertaining to 2025 for different segments and sub-segments across major countries in the MENA region. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of value (US$) and penetration rate of 3D printing technique across the manufacturing sector in the MENA region
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the MENA Manufacturing 3D printing market in terms of the services offered as well as market share. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews was conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major countries. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment pertaining to the Manufacturing 3D printing market in the MENA region. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of component, technology, application, and industry verticals of the MENA Manufacturing 3D Printing market.

Main objective of the 3D Printing Consumer Goods Market Study

The current & future market trends of the MENA Manufacturing 3D printing technique are pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends supported to determine the overall attractiveness of the market at country level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and forecast market size of the MENA Manufacturing 3D Printing in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
  • Segments in the study include component, technology, application, and industry verticals
  • Define and analysis of the regulatory framework for 3D printing technique
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors pertaining to the industry
  • Analyze the current and forecast market size of the Manufacturing 3D Printing market for the major countries in MENA region including UAE, Qatar, Saudi Arabia, Kuwait, Egypt, Algeria and Rest of MENA. Country-level analysis is also conducted in the report
  • Define and analyze the competitive landscape of the MENA Manufacturing 3D Printing market and the growth strategies adopted by the market players to sustain in the fast-growing market

 

 

Analyzing historical market, estimation of the current market and forecasting the future market of the MENA Manufacturing 3D Printing Market is based on the three major steps undertaken to create and analyze the adoption trend of the 3D printing technique in manufacturing domain market across various industry verticals in the MENA region. Exhaustive secondary research was conducted to collect the historical market numbers to estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were conducted with industry experts across the value chain of the Manufacturing 3D Printing market in the MENA region. Post assumption and validation of market numbers through primary interviews, bottom-up approach was employed to forecast the complete market size of the MENA Manufacturing 3D Printing market. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the MENA Manufacturing 3D Printing market through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the MENA Manufacturing 3D Printing market, a detailed secondary analysis was conducted to gather historical market insights and share for different segments & sub-segments for major countries across the MENA region. Major segments included in the report are component, technology, application, Industry verticals. Further analysis was also conducted for different countries to analyze the overall adoption of the 3D printing technique in manufacturing domain in the MEAN region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, detailed factor analysis was conducted to estimate the current market size of the MENA Manufacturing 3D Printing market. Factor analysis was conducted using dependent and independent variables such as increase in disposable income, rise in the manufacturing sector, and technological advancements in manufacturing sector etc. The demand and supply-side scenario were also thoroughly studied, considering top partnerships, merger and acquisition, business expansion, product launches and analyzing the list of start-ups in the 3D printing technique across the MEAN region.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Manufacturing 3D Printing market and market shares of these players. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weight was assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e. Bottom-up approach was applied to arrive at the market forecast pertaining to 2025 for different segments and sub-segments across major countries in the MENA region. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of value (US$) and penetration rate of 3D printing technique across the manufacturing sector in the MENA region
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the MENA Manufacturing 3D printing market in terms of the services offered as well as market share. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews was conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major countries. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment pertaining to the Manufacturing 3D printing market in the MENA region. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of component, technology, application, and industry verticals of the MENA Manufacturing 3D Printing market.

Main objective of the 3D Printing Consumer Goods Market Study

The current & future market trends of the MENA Manufacturing 3D printing technique are pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends supported to determine the overall attractiveness of the market at country level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and forecast market size of the MENA Manufacturing 3D Printing in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
  • Segments in the study include component, technology, application, and industry verticals
  • Define and analysis of the regulatory framework for 3D printing technique
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors pertaining to the industry
  • Analyze the current and forecast market size of the Manufacturing 3D Printing market for the major countries in MENA region including UAE, Qatar, Saudi Arabia, Kuwait, Egypt, Algeria and Rest of MENA. Country-level analysis is also conducted in the report
  • Define and analyze the competitive landscape of the MENA Manufacturing 3D Printing market and the growth strategies adopted by the market players to sustain in the fast-growing market

 

 


MENA Manufacturing 3D Printing Market: Current Scenario and Forecast (2019-2025)