Selective Laser Sintering Equipment Market
Global Selective Laser Sintering Equipment Market Size, Share & Trends Analysis Report by Material (Metal, and Nylon), by Laser Type (Solid Laser and Gas Laser), by Application (Tooling, heavy equipment & machinery, and Robotics), and by End-User (Consumer Goods, Automotive, Aerospace & Defense, and Medical Devices) Forecast Period (2022-2028)
The global selective laser sintering equipment market is anticipated to grow at an exponential CAGR of 22.3% during the forecast period. Selective laser sintering is a manufacturing technique that uses a laser as the power source to sinter powdered material such as metal and nylon. Rising demand for tooling and manufacturing of heavy equipment applications is driving the growth of the selective laser sintering equipment market across the globe. For instance, in January 2021, The Formlabs Fuse 1 3D printer launches a new chapter of laser-sintering with a nylon 12 material that promises a 70% refresh rate. Fuse 1 is bringing the reliability and accessibility standard that Formlabs customers expect of industrial 3D printing.
However, the high costs for the research and development, and the complexity associated with using selective laser sintering equipment are the factors that are expected to hinder the growth of the global selective laser sintering equipment market during the forecast period.
Impact of COVID-19 Pandemic on Global Selective Laser Sintering Equipment Market
During COVID-19 there was a complete shutdown across the globe due to strict government rules and mobility restrictions and regulations. The manufacturing of non-essential products and devices were closed or put on hold for some time due to which the global selective laser sintering equipment market growth witnessed a negative impact during the COVID-19.
Segmental Outlook
The global selective laser sintering equipment market is segmented based on the material, laser type, application, and end-user. Based on the material, the market is segmented into metal and nylon. Based on the laser type, the market is sub-segmented into solid laser and gas laser. Based on the application, the market is sub-segmented into tooling, heavy equipment & machinery, and robotics. Further, based on end-user, the market is sub-segmented into consumer goods, automotive, aerospace & defense, and medical devices. Among the end-user segment, aerospace & defense is expected to hold a prominent share in the growth of the selective laser sintering equipment market globally.
Global Selective Laser Sintering Equipment Market Share by End-User, 2021 (%)
The Aerospace & Defense Sub-Segment is Expected to Hold a Prominent Share in the Global Selective Laser Sintering Equipment Market
The aerospace & defense sub-segment is expected to hold a prominent share in the global selective laser sintering equipment market. The increased usage of selective laser sintering equipment by the aerospace and defense industry due to rising demand for lightweight parts & components for aircraft manufacturing & designing is driving the growth of the global selective laser sintering equipment market during the forecast period. For instance, in October 2020, ICON, a developer of advanced construction technologies including robotics, software, and building materials, has been awarded a government Small Business Innovation Research (SBIR) contract including funding from NASA to begin research and development of a space-based construction system that could support future exploration of the Moon.
Regional Outlooks
The global selective laser sintering equipment market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the North American region is expected to hold a prominent share in the global selective laser sintering equipment market during the forecast period followed by the Asia-Pacific region.
Global Selective Laser Sintering Equipment Market Growth, by Region 2022-2028
The North American Region is Expected to Hold a Prominent Share in the Global Selective Laser Sintering Equipment Market
The North American region is expected to hold a prominent share in the global selective laser sintering equipment market during the forecast period due to the utilization of advanced technology and further increasing technological advancements in the region. American companies are adopting technological advancements in their products to upgrade and create more demand in the selective laser sintering equipment market. For instance, in November 2021, Sinterit launched the third-generation compact Selective Laser Sintering (SLS) platform which is the fastest and most efficient 3D printer.
Market Players Outlook
The major companies serving the global selective laser sintering equipment market include 3D Systems Corp., EOS GmbH Electro Optical Systems, Renishaw plc, Sintratec AG, Dynamic Tools Pvt Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2021, 3D Systems announced a planned expansion of its Rock Hill, South Carolina, location, adding 100,000 square feet to its existing headquarters campus. This expansion enables the company to consolidate its materials manufacturing, quality, and logistics operations, with new and expanded materials development laboratories to improve operational efficiencies, accelerate solution development and reduce time to market.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global selective laser sintering equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Selective Laser Sintering Equipment Market
• Recovery Scenario of Global Selective Laser Sintering Equipment Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. 3D Systems Corp.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. EOS GmbH Electro Optical Systems
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Renishaw plc
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Sintratec AG
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Dynamic Tools Pvt Ltd.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
3.8. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Selective Laser Sintering Equipment Market by Material
4.1.1. Metal
4.1.2. Nylon
4.2. Global Selective Laser Sintering Equipment Market by Laser Type
4.2.1. Solid Laser
4.2.2. Gas Laser
4.3. Global Selective Laser Sintering Equipment Market by Application
4.3.1. Tooling
4.3.2. Heavy Equipment & Machinery
4.3.3. Robotics
4.4. Global Selective Laser Sintering Equipment Market by End-User
4.4.1. Consumer Goods
4.4.2. Automotive
4.4.3. Aerospace & Defense
4.4.4. Medical Devices
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. 3Dnatives
6.2. Aerosint SA
6.3. Aspect Architecture
6.4. DMG MORI. CO., LTD.
6.5. Farsoon Technologies
6.6. Formlabs GmbH
6.7. HARMAN International (Arcam)
6.8. Minosha India Ltd. (Ricoh Company, Ltd.)
6.9. Natural Robotics SL
6.10. Optomec, Inc.
6.11. Proto3000
6.12. Red Rock SLS
6.13. Sciaky, Inc.
6.14. SHAREBOT S.R.L.
6.15. SLM Solutions Group AG
6.16. TRUMPF SE + Co. KG.
6.17. Xact Metal, Inc.
6.18. XYZprinting, Inc.
6.19. ZRapidTech
1. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
2. GLOBAL METAL SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL NYLON SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY LASER TYPE, 2021-2028 ($ MILLION)
5. GLOBAL SOLID LASER SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL GAS LASER SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
8. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT FOR TOOLING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT FOR HEAVY EQUIPMENT & MACHINERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT FOR ROBOTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
12. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT IN CONSUMER GOODS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT IN AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT IN AEROSPACE & DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT IN MEDICAL DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
17. NORTH AMERICAN SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY MATERIAL , 2021-2028 ($ MILLION)
19. NORTH AMERICAN SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY LASER TYPE, 2021-2028 ($ MILLION)
20. NORTH AMERICAN SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
21. NORTH AMERICAN SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
22. EUROPEAN SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. EUROPEAN SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY MATERIAL , 2021-2028 ($ MILLION)
24. EUROPEAN SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY LASER TYPE, 2021-2028 ($ MILLION)
25. EUROPEAN SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
26. EUROPEAN SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY MATERIAL , 2021-2028 ($ MILLION)
29. ASIA-PACIFIC SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY LASER TYPE, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
32. REST OF THE WORLD SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
33. REST OF THE WORLD SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY MATERIAL , 2021-2028 ($ MILLION)
34. REST OF THE WORLD SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY LASER TYPE, 2021-2028 ($ MILLION)
35. REST OF THE WORLD SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
36. REST OF THE WORLD SELECTIVE LASER SINTERING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL SELECTIVE LASER SINTERING EQUIPMENT MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL SELECTIVE LASER SINTERING EQUIPMENT MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL SELECTIVE LASER SINTERING EQUIPMENT MARKET, 2022-2028 (%)
4. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT MARKET SHARE BY MATERIAL, 2021 VS 2028 (%)
5. GLOBAL METAL SELECTIVE LASER SINTERING EQUIPMENT MARKET SHAREBY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL NYLON SELECTIVE LASER SINTERING EQUIPMENT MARKET SHAREBY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT MARKET SHARE BY LASER TYPE, 2021 VS 2028 (%)
8. GLOBAL SOLID LASER SELECTIVE LASER SINTERING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL GAS LASER SELECTIVE LASER SINTERING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
11. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT FOR TOOLING MARKET SHAREBY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT FOR HEAVY EQUIPMENT & MACHINERY MARKET SHAREBY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT FOR ROBOTICS MARKET SHAREBY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT MARKET SHARE BY END-USER, 2021 VS 2028 (%)
15. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT IN CONSUMER GOODS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT IN AUTOMOTIVE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT IN AEROSPACE & DEFENSE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT IN MEDICAL DEVICES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL SELECTIVE LASER SINTERING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. US SELECTIVE LASER SINTERING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
21. CANADA SELECTIVE LASER SINTERING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
22. UK SELECTIVE LASER SINTERING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
23. FRANCE SELECTIVE LASER SINTERING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
24. GERMANY SELECTIVE LASER SINTERING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
25. ITALY SELECTIVE LASER SINTERING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
26. HOSPITALSIN SELECTIVE LASER SINTERING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF EUROPE SELECTIVE LASER SINTERING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
28. INDIA SELECTIVE LASER SINTERING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
29. CHINA SELECTIVE LASER SINTERING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
30. JAPAN SELECTIVE LASER SINTERING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
31. SOUTH KOREA SELECTIVE LASER SINTERING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
32. REST OF ASIA-PACIFIC SELECTIVE LASER SINTERING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
33. REST OF THE WORLD SELECTIVE LASER SINTERING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
