Market Share of Asia Pacific 3D Printing Industry
The 3D printing landscape in Asia-Pacific is semi-consolidated, with the presence of players occupying a moderate level of market share. Some players are Stratasys, 3D Systems, EOS, HP, GE, Formlabs, Optec, Carbon, Renishaw, Desktop Printer Manufacturers, and Ultimaker. The market players are striving to innovate new products through extensive investments in R&D, collaborations, and mergers to cater to the evolving demands of consumers.
January 2023 - Indian Institute of Technology (IIT) Tirupati and Kyndryl India collaborated to enhance the AI-enabled 3D printing technology for the manufacturing sector in India. The collaboration aims to develop cost-effective 3D prototypes for complex products in manufacturing quickly. The collaboration combines IIT Tirupati’s domain knowledge in 3D printing with Kyndryl’s global expertise in artificial intelligence to enable the co-creation of machine learning models that allow for near real-time identification of potential defects during 3D printing.
January 2023 - A Chinese startup, TOP. E, focused on making batteries utilizing 3D printers, developed a battery-making technology employing its own 3D printers and 3D printing technology. The company claims its 3D-printed electrodes can radiate heat more efficiently than conventionally made electrodes.
Asia Pacific 3D Printing Market Leaders
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Stratasys, Ltd.
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Sandvik AB
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3D Systems, Inc.
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Materialise NV
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Formlabs
*Disclaimer: Major Players sorted in no particular order
