The global 3D printing in education market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. 3D printing is a type of manufacturing process used to create solid three-dimensional model from a CAD file or digital model by layer-by-layers deposition.
Growing technological advancements and deployment of IT infrastructure in the education sector for interactive learning process is a key factor driving growth of the global 3D printing in education market. Also, high application area of 3D printing technology in education field makes it identical for the overall education sector development and growth. This is another factor supporting growth of the global market.
In addition, various benefits offered by 3D printing in education field is another major factor propelling growth of the target market. For instance, 3D printed object provides high level of practical exposure to the participant or students, the blueprint of object assist students to understand the object, also student can use this technology to provide digital data and physical appearance.
Moreover, rising investment by government of many countries for education sector development and innovation is expected to support growth of the target market in the near future. However, high cost associated with 3D printing devices and its deployment may limit growth of the market to a certain extent.
Increasing strategic partnership among key players and various universities is a key trend observed in the current market place. Further, increasing focus on product enhancement and development is another trend present in the target market.
For detailed understanding of market dynamics, the global market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America region is expected to hold highest revenue share in the global 3D printing in education market followed by Europe. This is owing to presence of major 3D printer manufacturers and the key players initiatives towards providing 3D printing resources, workshop, loan schemes, etc. are major factors boosting demand for 3D printing in education in countries such as US and Canada. However, Asia Pacific region is expected to witness highest growth over the forecast period owing to growing investment in 3D technology, collaboration with government, and rising awareness regarding advantage of 3D printing in education in countries in the region.
Scope of the Report:
Report Feature Details
Base Year: 2018
Projection Period: 2019-2029
Market Details: Total revenue and forecast, CAGR, Market value, share, and Y-o-Y growth by segment and region
Segment Covered: Product Type and Application
Region Covered: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Report Coverage: Market growth driving factors, challenges & pitfalls, opportunities, trends, key players analysis, and region analysis
Global 3D Printing in Education Market, By Product Type:
? 3D Printers
? Services & Material
Global 3D Printing in Education Market, By Application:
? Higher Education
? K to 12
Key Players Covered:
Key players operating in the market includes, Makerbot, Ultimaker, Lulzbot, Prusa, Flashforge, XYZPrinting, Raise 3D, Afinia, FormLabs, Creality, Mono-price, and The Eastman Kodak Company.
Key features of the study:
Foresight Market Research provides detailed analysis on global market in our report- Global 3D Printing in Education Market by product type, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global 3D printing in education market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.
Request For Research Methodology