MENA Market Insights on 3D Printing: Insights & Forecasts, 2019-2025

MENA 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), Technology ( Stereolithography, Selective Laser Sintering, Electron Beam Melting, Fused Deposition Modelling, Laminated object Manufacturing, Other Technologies))

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Published: Aug-2019

Pages:178

Table:99

Figure:90

Report ID:UMME19182

The MENA 3D Printing Market stood at US$ 521.4 million in 2018 and is expected to grow at a CAGR of XX% during the forecast period 2019-2025. MENA 3D printing has grown remarkably mainly accredited to booming acceptance of 3D technique in various industry verticals, rising regulatory support by government bodies and continuous disruption of manufacturing sector. The technology has dynamically proliferated across multiple manufacturing industries which can be witnessed among automotive, aerospace and healthcare industries coupled with electronics manufacturers and other medical suppliers. Furthermore, innovative technology has allowed the manufacturers to enhance their local production. However, high cost involved in 3D printing in terms of 3D printers and absence of resource pool in 3D printing and lack of technological understanding in 3D printing pose as some of the restricting factors hampering the potential of MENA 3D printing market.

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 medical devices are utilized to treat the patients. The technique has emerged as one of the cost-efficient option’s for medical device industry and therefore has impacted the health care segment positively. Surging demand for patient specific products in orthopaedics and maxillofacial surgery coupled with consistent advancements in innovative technologies have exponentially driven the performance of Middle East 3D printing market. Moreover, increasing production of customized products, lower costs and government investments have accelerated 3D printing market in the MENA region.

“The Product segment dominated the North America 3D printing market in 2018”

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.

“Fused Deposition Modelling dominated the technology segment of North America 3D Printing market in 2018”

Stereolithography, Selective Laser Sintering, Electron Beam Melting, Fused deposition modelling, Laminated object Manufacturing and Others are the major technologies considered while analysing 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 largest share in 2018 as it is one of the prominent and user-friendly technology that is widely used to create 3D printed objects.

“3D Printing is majorly applied for Functional parts manufacturing”

Based on application type, MENA 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 2018 owing to its fast speed, quality and low cost of additive manufacturing.

“Amongst End User, manufacturing industry held the maximum share in 2018 and is anticipated to maintain its dominance throughout the forecast period 2019-2025”

The major 3D printing end users covered in report are education, automotive, aerospace & defence, healthcare, consumer goods, manufacturing, construction and others. Manufacturing sector dominated 3D printing landscape during 2018 owing to bolstering digitalization wherein 3D printing solutions have paved way for manufacturing companies.

“UAE dominates the MENA 3D printing market and is expected to remain dominance throughout the forecast period”

The MENA market is analysed based on its outreach in the countries such as UAE, Qatar, Saudi Arabia, Kuwait, Egypt, Algeria and rest of Middle East Africa. 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. In addition, with the growing manufacturing sector in UAE and being the wider region, it also captures the major chunk of 3D printing market in Middle East region. 3D printing has become one of disruptive technology that is expected to have significant impact on the region’s industry owing to greatest growth prospects showcased particularly in aerospace, dental and construction sector of the country.

MENA 3D Printing Market Size by Country, 2018-25 (US$ Mn)

Competitive Landscape-Top 10 Market Players

Key companies profiled in the report include 3D Systems Corporation, Arcam AB, Royal DSM N.V., Stratasys Ltd., Autodesk, Inc., The ExOne Company, Höganäs AB, Organovo Holdings, Inc, Mcor Technologies Limited and Voxeljet AG.

Reasons to buy (The research report presents):

  • Current and future market size from 2018 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 market of 3D printing
  • Country level details of the overall adoption of 3D printing technology
  • 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
  • The study comprehensively covers the market across different segments and sub-segments of the 3D Printing global market
  • Countries covered: UAE, Qatar, Kingdom of Saudi Arabia, Kuwait, Egypt, Algeria and Rest of MENA

Customization Options:

The Middle East and North Africa 3D Printing market can be customized for different region in MENA region and at country level as well. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.

  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 MENA 3D Printing Market Study
  2 RESEARCH METHODOLOGY OR ASSUMPTION
    2.1 Research Methodology for MENA 3D Printing Market Study
      2.1.1 Main objective of the MENA 3D Printing Market Study
  3 INDUSTRY PERFORMANCE  
  4 EXECUTIVE SUMMARY  
  5 MARKET OVERVIEW    
    5.1 Introduction  
    5.2 Market Dynamics  
      5.2.1 Market Drivers
        5.2.1.1 Booming 3D technique in Industrial application
        5.2.1.2 Government Support
        5.2.1.3 Disrupting Manufacturing Sector
      5.2.2 Market Restraints
        5.2.2.1 3D Printing held back by High Cost
        5.2.2.2 Limited Resource Pool in 3D Printing
        5.2.2.3 Lack of Awareness
      5.2.3 Opportunities in the Market
        5.2.3.1 Technological advancement in Healthcare industry (especially Medical Devices)
        5.2.3.2 Faster Supply Chain and Reduced Lead Times
        5.2.3.3 Increasing use of 3D Printing technology in Manufacturing
        5.2.3.4 Increasing Spending on 3D Printing Technology
  6 TOP NEWS RELATED TO 3D PRINTING IN  MIDDLE EAST REGION
    6.1 Siemens AG and Strata Manufacturing PJSC entered into a partnership with Etihad Airways, to enhance the 3D printing technology in MENA region
    6.2 3DVinci Creations and Ai Build Sign Agreement to Expand Large-Scale 3D Printing Use in the UAE
    6.3 MSF Hospital in Jordan Continues to Help Wounded Victims of War with 3D Printed Prosthetics
    6.4 Siemens, Strata and Etihad Brings 3D Printed Aircraft Components to the Middle East and North Africa
    6.5 3D printing is efficient and highly customizable, and has potential applications across a wide range of industries
    6.6 COBOD 3D Printer Ordered for Construction in Saudi Arabia
    6.7 Saudi Arabia’s Housing Ministry and Al Kathiri Holding to Develop Concrete 3D Printing Processes
    6.8 WinSun Agrees to Provide 100 3D Printers to Saudi Arabian Contractor for 1.5 Million New Homes
    6.9 Introducing the NEW Stratasys F120 Desktop FDM 3D Printer
    6.1 Cazza to build world's first 3D printed skyscraper
    6.11 Qatar University Prepares for 2022 World Cup with 3D Printed Stadium Models
  7 MIDDLE EAST 3D PRINTING VALUE CHAIN
    7.1 Key Facts on Additive manufacturing in Middle East
    7.2 Middle East 3D Printing Value Chain
  8 MARKET INSIGHTS, BY COMPONENT
    8.1 General Overview  
      8.1.1 MENA 3D Printing Product Component Market, by Printer Type
        8.1.1.1 Professional/Industrial Printer
        8.1.1.2 Personal/Desktop 3D Printers
      8.1.2 MENA 3D Printing Material Component Market, by Material Type
        8.1.2.1 Polymer Material
        8.1.2.2 Plastic Material
        8.1.2.3 Metals and Alloys Material
        8.1.2.4 Ceramic Material
        8.1.2.5 Other Materials
      8.1.3 MENA 3D Printing Service Component Market, by Service Type
        8.1.3.1 Custom Design and Manufacturing Service
        8.1.3.2 After Sales Service
      8.1.4 MENA 3D Printing Other (Software) Component Market
  9 3D PRINTING MARKET INSIGHTS, BY TECHNOLOGY
    9.1 General Introduction
      9.1.1 Fused Deposition Modelling
      9.1.2 Selective Laser Sintering
      9.1.3 Stereolithography Technology
      9.1.4 Electron Beam Melting
      9.1.5 Laminated object Manufacturing
      9.1.6 Other Technologies
  10 3D PRINTING MARKET INSIGHTS, BY APPLICATION
    10.1 General Overview  
      10.1.1 Functional Parts Production
      10.1.2 Fit & Assembly
      10.1.3 Prototype Modelling
      10.1.4 Education/Research
      10.1.5 Metal Casting
      10.1.6 Visual Aids
      10.1.7 Presentation Modelling
      10.1.8 Other Applications
  11 3D PRINTING MARKET INSIGHTS, BY END-USER INDUSTRY
    11.1 General Introduction
      11.1.1 Aerospace & Defence
      11.1.2 Healthcare Industry
      11.1.3 Manufacturing Industry
      11.1.4 Automotive Industry
      11.1.5 Consumer Goods Industry
      11.1.6 Educational Industry
      11.1.7 Construction Industry
      11.1.8 Other Industries
  12 3D PRINTING MARKET INSIGHTS, BY COUNTRY
  12.1 General Overview    
    12.1.1 The United Arab Emirate 3D Printing Market Insights
      12.1.1.1 UAE 3D Printing Market by Component
      12.1.1.2 UAE 3D Printing Product Component Market by Printer Type
      12.1.1.3 UAE 3D Printing Material Component Market by Material Type
      12.1.1.4 The UAE 3D Printing Service Component Market by Service Type
      12.1.1.5 UAE 3D Printing Market by Technology
      12.1.1.6 The UAE 3D Printing Market by Application
      12.1.1.7 The UAE 3D Printing Market by End-User Industry
    12.1.2 Qatar 3D Printing Market Insights
      12.1.2.1 Qatar 3D Printing Market by Component
      12.1.2.2 Qatar 3D Printing Product Component Market by Printer Type
      12.1.2.3 Qatar 3D Printing Material Component Market by Material Type
      12.1.2.4 Qatar 3D Printing Service Component Market by Service Type
      12.1.2.5 Qatar 3D Printing Market by Technology
      12.1.2.6 Qatar 3D Printing Market by Application
      12.1.2.7 Qatar 3D Printing Market by End-User Industry
    12.1.3 Kingdom of Saudi Arabia 3D Printing Market Insights
      12.1.3.1 Saudi Arabia 3D Printing Market by Component
      12.1.3.2 Saudi Arabia 3D Printing Product Component Market by Printer Type
      12.1.3.3 Saudi Arabia 3D Printing Material Component Market by Material Type
      12.1.3.4 Saudi Arabia 3D Printing Service Component Market by Service Type
      12.1.3.5 Saudi Arabia 3D Printing Market by Technology
      12.1.3.6 Saudi Arabia 3D Printing Market by Application
      12.1.3.7 Saudi Arabia 3D Printing Market by End-User Industry
    12.1.4 Kuwait 3D Printing Market Insights
      12.1.4.1 Kuwait 3D Printing Market by Component
      12.1.4.2 Kuwait 3D Printing Product Component Market by Printer Type
      12.1.4.3 Kuwait 3D Printing Material Component Market by Material Type
      12.1.4.4 Kuwait 3D Printing Service Component Market by Service Type
      12.1.4.5 Kuwait 3D Printing Market by Technology
      12.1.4.6 Kuwait 3D Printing Market by Application
      12.1.4.7 Kuwait 3D Printing Market by End-User Industry
    12.1.5 Egypt 3D Printing Market Insights
      12.1.5.1 Egypt 3D Printing Market by Component
      12.1.5.2 Egypt 3D Printing Product Component Market by Printer Type
      12.1.5.3 Egypt 3D Printing Material Component Market by Material Type
      12.1.5.4 Egypt 3D Printing Service Component Market by Service Type
      12.1.5.5 Egypt 3D Printing Market by Technology
      12.1.5.6 Egypt 3D Printing Market by Application
      12.1.5.7 Egypt 3D Printing Market by End-User Industry
    12.1.6 Algeria 3D Printing Market Insights
      12.1.6.1 Algeria 3D Printing Market by Component
      12.1.6.2 Algeria 3D Printing Product Component Market by Printer Type
      12.1.6.3 Algeria 3D Printing Material Component Market by Material Type
      12.1.6.4 Algeria 3D Printing Service Component Market by Service Type
      12.1.6.5 Algeria 3D Printing Market by Technology
      12.1.6.6 Algeria 3D Printing Market by Application
      12.1.6.7 Algeria 3D Printing Market by End-User Industry
    12.1.7 Rest of Middle East and North Africa 3D Printing Market Insights
      12.1.7.1 Rest of MENA 3D Printing Market by Component
      12.1.7.2 Rest of MENA 3D Printing Product Component Market by Printer Type
      12.1.7.3 Rest of MENA 3D Printing Material Component Market by Material Type
      12.1.7.4 Rest of MENA 3D Printing Service Component Market by Service Type
      12.1.7.5 Rest of MENA 3D Printing Market by Technology
      12.1.7.6 Rest of MENA 3D Printing Market by Application
      12.1.7.7 Rest of MENA 3D Printing Market by End-User Industry
  13 COMPETITIVE SCENARIO  
    13.1 MENA 3D Printing Market Share Analysis
  14 COMPANY PROFILES  
    14.1 3D Systems Corporation
      14.1.1 Key Facts  
      14.1.2 Business Description
      14.1.3 Key Product/Services Offerings
      14.1.4 Growth Strategy
      14.1.5 SWOT Analysis
      14.1.6 Key Financials
        14.1.6.1 Revenue Split
      14.1.7 Recent developments
        14.1.7.1 Product Launch
        14.1.7.2 Partnership
        14.1.7.3 Business Expansion and Investment
        14.1.7.4 Merger and Acquisitions
    14.2 Arcam AB    
      14.2.1 Key Facts  
      14.2.2 Business Description
      14.2.3 Key Product/Services Offerings
      14.2.4 Growth Strategy
      14.2.5 SWOT Analysis
      14.2.6 Key Financials
      14.2.7 Recent developments
        14.2.7.1 Business Expansion and Investment
        14.2.7.2 Product Launch
    14.3 Royal DSM N.V.  
      14.3.1 Key Facts  
      14.3.2 Business Description
      14.3.3 Key Product/Services Offerings
      14.3.4 Growth Strategy
      14.3.5 SWOT Analysis
      14.3.6 Key Financials
        14.3.6.1 Revenue Split
      14.3.7 Recent developments
        14.3.7.1 Product Launch
        14.3.7.2 Partnership
        14.3.7.3 Business Expansion and Investment
    14.4 Stratasys Ltd.  
      14.4.1 Key Facts  
      14.4.2 Business Description
      14.4.3 Key Product/Services Offerings
      14.4.4 Growth Strategy
      14.4.5 SWOT Analysis
      14.4.6 Key Financials
        14.4.6.1 Revenue Split
      14.4.7 Recent developments
        14.4.7.1 Product Launch
        14.4.7.2 Partnership
        14.4.7.3 Business Expansion and Investment
    14.5 Autodesk, Inc.  
      14.5.1 Key Facts  
      14.5.2 Business Description
      14.5.3 Key Product/Services Offerings
      14.5.4 Growth Strategy
      14.5.5 SWOT Analysis
      14.5.6 Key Financials
        14.5.6.1 Revenue Split
      14.5.7 Recent developments
        14.5.7.1 Product Launch
        14.5.7.2 Partnership
        14.5.7.3 Business Expansion and Investment
        14.5.7.4 Mergers and Acquisitions
    14.6 The ExOne Company
      14.6.1 Key Facts  
      14.6.2 Business Description
      14.6.3 Key Product/Services Offerings
      14.6.4 Growth Strategy
      14.6.5 SWOT Analysis
      14.6.6 Key Financials
        14.6.6.1 Revenue Split
      14.6.7 Recent developments
        14.6.7.1 Product Launch
        14.6.7.2 Partnership
    14.7 Höganäs AB  
      14.7.1 Key Facts  
      14.7.2 Business Description
      14.7.3 Key Product/Services Offerings
      14.7.4 Growth Strategy
      14.7.5 SWOT Analysis
      14.7.6 Recent developments
        14.7.6.1 Product Launch
        14.7.6.2 Business Expansion and Investment
        14.7.6.3 Merger and Acquisition
    14.8 Organovo Holdings, Inc.
      14.8.1 Key Facts  
      14.8.2 Business Description
      14.8.3 Key Product/Services Offerings
      14.8.4 Growth Strategy
      14.8.5 SWOT Analysis
      14.8.6 Key Financials
      14.8.7 Recent developments
        14.8.7.1 Product Launch
        14.8.7.2 Organovo Partnership
    14.9 Mcor Technologies Ltd.
      14.9.1 Key Facts  
      14.9.2 Business Description
      14.9.3 Key Product/Services Offerings
      14.9.4 Growth Strategy
      14.9.5 Key Financials
      14.9.6 Recent developments
        14.9.6.1 Product Launch
        14.9.6.2 Partnership
        14.9.6.3 Business Expansion and Investment
    14.10 Voxeljet AG  
      14.10.1 Key Facts  
      14.10.2 Business Description
      14.10.3 Key Product/Services Offerings
      14.10.4 Growth Strategy
      14.10.5 SWOT Analysis
      14.10.6 Key Financials
        14.10.6.1 Revenue Split
      14.10.7 Recent developments
        14.10.7.1 Product Launch
        14.10.7.2 Partnership
        14.10.7.3 Business Expansion

Analysing historical market, estimation of the current market and forecasting the future market for MENA 3D Printing market were the three major steps undertaken to create and analyse the overall adoption of 3D Printing in different countries of MENA region. Exhaustive secondary research was conducted to collect the historical market of the product/technology and overall estimation of the current market. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were conducted with industry experts across value chain of the MENA 3D printing market. After all assumption, market engineering and validation of market numbers through primary interviews, top-down approach was employed to forecast the market size of 3D Printing in the MENA region to 2025. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyse the market size of segments and sub-segments of the market. Detailed research 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 3D Printing market through company internal sources such as annual report & financial statements of top players, performance presentations, press releases, sales figures etc. and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database and other creditable publications.

Step 2: Market Segmentation:

After obtaining historical market size of the overall market, detailed secondary analysis was conducted to gather historical market insights and share for different segments & sub-segments for the MENA 3D Printing market. Major segments included in the report are component, technology, application and end-user.

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 3D Printing market. Factor analysis was conducted using dependent and independent variable such as purchasing power, player initiatives, penetration of 3D printing, government regulations in different regions. Historical trends of the MENA 3D Printing and their year-on-year impact on the market size and share in the recent past were analyzed. Demand and supply side scenario was also thoroughly studied.

 

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at current market size, key players in market, market share of these players, industry’s supply chain, and value chain of the industry. All the required percentage shares, splits, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

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

  • The industry’s market size and rate of adoption of 3D Printing technology in MENA region in terms of value (US$)
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players across different technologies and markets as well as market share of each player. Also, the growth strategies adopted by these players to compete in the rapidly growing MENA 3D Printing market

Market Size and Share Validation

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

Split of Primary Participants

Market Engineering

Data triangulation technique was employed to complete the overall market engineering process and to arrive at precise statistical numbers of each segment and sub-segment pertaining to the MENA 3D Printing market. Data was split into several segments & sub-segments post studying several parameters and trends.

Main objective of the MENA 3D Printing Market Study

The current & future market trends of the MENA 3D Printing 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 would determine the overall attractiveness of the market, providing a platform for the industrial participant to exploit the untapped market to benefit as first mover advantage. Other quantitative goal of the studies includes:

  • Analyse the current and forecast market size of the MENA 3D Printing market in terms of value (US$)
  • Analyse the current and forecast market size of different segments and sub-segments of the MENA 3D Printing market. Segments in the study include component, technology, application and end-user
  • Define and describe the technologies and protocols used in the 3D Printing
  • Anticipate potential risk present within the industry along with analysing the customer and competitor in the market
  • Define and analysis of the government regulations for the 3D Printing in different countries in the MENA region
  • Analyse the current and forecast market size of 3D Printing, for countries including UAE, KSA, Kuwait, Algeria, Egypt, Qatar and Rest of MENA
  • Define and analyse the competitive landscape for the MENA 3D Printing market and the growth strategies adopted by the market players to sustain in the rapidly growing market

Analysing historical market, estimation of the current market and forecasting the future market for MENA 3D Printing market were the three major steps undertaken to create and analyse the overall adoption of 3D Printing in different countries of MENA region. Exhaustive secondary research was conducted to collect the historical market of the product/technology and overall estimation of the current market. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were conducted with industry experts across value chain of the MENA 3D printing market. After all assumption, market engineering and validation of market numbers through primary interviews, top-down approach was employed to forecast the market size of 3D Printing in the MENA region to 2025. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyse the market size of segments and sub-segments of the market. Detailed research 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 3D Printing market through company internal sources such as annual report & financial statements of top players, performance presentations, press releases, sales figures etc. and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database and other creditable publications.

Step 2: Market Segmentation:

After obtaining historical market size of the overall market, detailed secondary analysis was conducted to gather historical market insights and share for different segments & sub-segments for the MENA 3D Printing market. Major segments included in the report are component, technology, application and end-user.

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 3D Printing market. Factor analysis was conducted using dependent and independent variable such as purchasing power, player initiatives, penetration of 3D printing, government regulations in different regions. Historical trends of the MENA 3D Printing and their year-on-year impact on the market size and share in the recent past were analyzed. Demand and supply side scenario was also thoroughly studied.

 

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at current market size, key players in market, market share of these players, industry’s supply chain, and value chain of the industry. All the required percentage shares, splits, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

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

  • The industry’s market size and rate of adoption of 3D Printing technology in MENA region in terms of value (US$)
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players across different technologies and markets as well as market share of each player. Also, the growth strategies adopted by these players to compete in the rapidly growing MENA 3D Printing market

Market Size and Share Validation

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

Split of Primary Participants

Market Engineering

Data triangulation technique was employed to complete the overall market engineering process and to arrive at precise statistical numbers of each segment and sub-segment pertaining to the MENA 3D Printing market. Data was split into several segments & sub-segments post studying several parameters and trends.

Main objective of the MENA 3D Printing Market Study

The current & future market trends of the MENA 3D Printing 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 would determine the overall attractiveness of the market, providing a platform for the industrial participant to exploit the untapped market to benefit as first mover advantage. Other quantitative goal of the studies includes:

  • Analyse the current and forecast market size of the MENA 3D Printing market in terms of value (US$)
  • Analyse the current and forecast market size of different segments and sub-segments of the MENA 3D Printing market. Segments in the study include component, technology, application and end-user
  • Define and describe the technologies and protocols used in the 3D Printing
  • Anticipate potential risk present within the industry along with analysing the customer and competitor in the market
  • Define and analysis of the government regulations for the 3D Printing in different countries in the MENA region
  • Analyse the current and forecast market size of 3D Printing, for countries including UAE, KSA, Kuwait, Algeria, Egypt, Qatar and Rest of MENA
  • Define and analyse the competitive landscape for the MENA 3D Printing market and the growth strategies adopted by the market players to sustain in the rapidly growing market

MENA Market Insights on 3D Printing: Insights & Forecasts, 2019-2025