3D Printing Market in Education Sector to grow at a CAGR of 11.68% from 2021 to 2026, Driven by the benefits offered by 3D printing in the education sector - Technavio

PR Newswire
Wednesday, March 29, 2023 at 10:30pm UTC

3D Printing Market in Education Sector to grow at a CAGR of 11.68% from 2021 to 2026, Driven by the benefits offered by 3D printing in the education sector - Technavio

PR Newswire

NEW YORK, March 29, 2023 /PRNewswire/ -- The size of the global 3D printing market in education sector is estimated to increase by USD 720.31 million from 2021 to 2026. The market's growth momentum will progress at a CAGR of 11.68% during the forecast period. The benefits offered by 3D printing in the education sector are one of the major drivers supporting the 3D printing market growth in the education sector. 3D printing works with a digital model in a 3D CAD file and creates a physical 3D object. Students learn lessons through a practical approach and develop their creativity and problem-solving skills. The use of 3D printing stimulates engagement and interactivity among students. A visual learning environment in classrooms through 3D printing enhances the student's learning experience. Hence, the benefits offered by 3D printing will drive market growth during the forecast period. Discover some insights on market size and forecast (2021 to 2026) before buying the full report - Request a sample report

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3D Printing Market in Education Sector - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on end-user (higher education and preK12), type (3D printing services and materials and 3D printers), and geography (North America, Europe, APAC, and South America).

  • The market share growth in the education sector by the higher education segment will be significant during the forecast period. Another segment that offers significant growth opportunities is preK12. The integration of 3D printing technology in the preK12 curriculum helps enhance the creativity and practical knowledge of students. Various organizations are launching educational programs to educate and promote 3D printing across schools. 

3D printing market in education sector – Vendor Analysis
Vendor Landscape - The global 3D printing market in education sector is fragmented with the presence of several global as well as regional vendors. A few prominent vendors that offer 3D printing in the education sector in the market are 3D Systems Corp., BigRep GmbH, Desktop Metal Inc., EnvisionTEC GmBH, EOS GmbH Electro Optical Systems, Formlabs Inc., Gizmo 3D Printers Pty. Ltd., Groupe Gorge SA, Materialise NV, New Kinpo Group, Organovo Holdings Inc., Photocentric Ltd., Raise 3D Technologies Inc., Robert Bosch GmbH, Sculpto ApS, Shenzhen Creality 3D Technology Co. Ltd., Sindoh Co. Ltd., SLM Solutions Group AG, STEMify Ltd., Stratasys Ltd., Ultimaker BV, and voxeljet AG and others.

Vendor Offerings -

  • 3D Systems Corp. - The company offers 3D printers in the education sector such as SLA 750, ProX 800, DMP Flex 350 and DMP Flex 350 Dual, DMP Factory 350 and DMP Factory 350 Dual, ProX SLS 6100, Figure 4 Jewelry, and NextDent 5100.
  • Desktop Metal Inc. - The company offers 3D printers in the education sector such as S Max Flex, S Max Pro, S Print, and S Max.
  • EnvisionTEC GmBH - The company offers 3D printers in the education sector such as D4K, P4K, Envision One, and Xtreme 8K.
  • For details on the vendors and their offerings – Request a sample report

Geography Overview
By geography, the global 3D printing market in education sector is segmented into North America, Europe, APAC, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global 3D printing market in education sector.

  • North America is estimated to account for 39% of the global market growth during the forecast period. The US and Canada are the key markets for the 3D printing market in education sector in the region. The rising use of 3D printing solutions by educational institutions will facilitate the 3D printing market in education sector growth in North America over the forecast period. 

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3D Printing Market In Education Sector – Market Dynamics

Key Trends - 

Continuous development of new products is one of the major 3D printing market trends in the education sector. Product portfolio expansions help vendors grow their sales and market share in the global 3D printing market in education sector. For instance, in April 2021, Stratasys Ltd. announced the launch of three new 3D printers, namely the Origin One, the H350, and the F770 FDM. The newly launched printers incorporate Stratasys' fused deposition modeling (FDM), P3, and selective absorption fusion (SAF) 3D printing technologies. Hence, the launch of new variants of 3D printers in the education sector will increase sales and, thereby, drive the growth of the global 3D printing market in education sector during the forecast period. 

Major challenges - 

The increasing threat from 3D printing rental services in the education sector is one of the limitations hampering the 3D printing market growth in the education sector. 3D printers available on a rental basis help educational institutions avoid the initial investment associated with the purchase and installation of 3D printers. They can integrate advanced variants of 3D printers for teaching and learning without buying the printers. Rental service providers ensure the availability of technical experts to support end-users throughout the rental term. Hence, the cost-saving benefit associated with the additional service offered by rental companies will encourage more educational institutions to rent 3D printers instead of buying them. 

Drivers, trends, and challenges have an impact on market dynamics, which can impact
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What are the key data covered in this report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the 3D printing market in education sector between 2022 and 2026
  • Precise estimation of the size of the 3D printing market in education sector and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the 3D printing market in education sector across North America, Europe, APAC, and South America
  • A thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of vendors

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3D Printing Market In Education Sector Scope

Report Coverage

Details

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 11.68%

Market growth 2022-2026

USD 720.31 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

10.87

Regional analysis

North America, Europe, APAC, and South America

Performing market contribution

North America at 39%

Key countries

US, Canada, China, UK, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

3D Systems Corp., BigRep GmbH, Desktop Metal Inc., EnvisionTEC GmBH, EOS GmbH Electro Optical Systems, Formlabs Inc., Gizmo 3D Printers Pty. Ltd., Groupe Gorge SA, Materialise NV, New Kinpo Group, Organovo Holdings Inc., Photocentric Ltd., Raise 3D Technologies Inc., Robert Bosch GmbH, Sculpto ApS, Shenzhen Creality 3D Technology Co. Ltd., Sindoh Co. Ltd., SLM Solutions Group AG, STEMify Ltd., Stratasys Ltd., Ultimaker BV, and voxeljet AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents 

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 18: Five forces analysis - Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

  • 5.1 Market segments
    • Exhibit 25: Chart on End-user - Market share 2021-2026 (%)
    • Exhibit 26: Data Table on End-user - Market share 2021-2026 (%)
  • 5.2 Comparison by End-user 
    • Exhibit 27: Chart on Comparison by End-user
    • Exhibit 28: Data Table on Comparison by End-user
  • 5.3 Higher education - Market size and forecast 2021-2026 
    • Exhibit 29: Chart on Higher education - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Data Table on Higher education - Market size and forecast 2021-2026 ($ million)
    • Exhibit 31: Chart on Higher education - Year-over-year growth 2021-2026 (%)
    • Exhibit 32: Data Table on Higher education - Year-over-year growth 2021-2026 (%)
  • 5.4 PreK12 - Market size and forecast 2021-2026 
    • Exhibit 33: Chart on PreK12 - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Data Table on PreK12 - Market size and forecast 2021-2026 ($ million)
    • Exhibit 35: Chart on PreK12 - Year-over-year growth 2021-2026 (%)
    • Exhibit 36: Data Table on PreK12 - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by End-user 
    • Exhibit 37: Market opportunity by End-user ($ million)

6 Market Segmentation by Type

  • 6.1 Market segments
    • Exhibit 38: Chart on Type - Market share 2021-2026 (%)
    • Exhibit 39: Data Table on Type - Market share 2021-2026 (%)
  • 6.2 Comparison by Type
    • Exhibit 40: Chart on Comparison by Type
    • Exhibit 41: Data Table on Comparison by Type
  • 6.3 3D printing services and materials - Market size and forecast 2021-2026 
    • Exhibit 42: Chart on 3D printing services and materials - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on 3D printing services and materials - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on 3D printing services and materials - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on 3D printing services and materials - Year-over-year growth 2021-2026 (%)
  • 6.4 3D printers - Market size and forecast 2021-2026 
    • Exhibit 46: Chart on 3D printers - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on 3D printers - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on 3D printers - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on 3D printers - Year-over-year growth 2021-2026 (%)
  • 6.5 Market opportunity by Type 
    • Exhibit 50: Market opportunity by Type ($ million)

7 Customer Landscape

  • 7.1 Customer landscape overview 
    • Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

  • 8.1 Geographic segmentation 
    • Exhibit 52: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 53: Data Table on Market share by geography 2021-2026 (%)
  • 8.2 Geographic comparison 
    • Exhibit 54: Chart on Geographic comparison
    • Exhibit 55: Data Table on Geographic comparison
  • 8.3 North America - Market size and forecast 2021-2026 
    • Exhibit 56: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 57: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 58: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 59: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 8.4 Europe - Market size and forecast 2021-2026 
    • Exhibit 60: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 61: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 62: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 63: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 8.5 APAC - Market size and forecast 2021-2026 
    • Exhibit 64: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 65: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 66: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 67: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 8.6 South America - Market size and forecast 2021-2026 
    • Exhibit 68: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 69: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 70: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 71: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 8.7 Middle East and Africa - Market size and forecast 2021-2026 
    • Exhibit 72: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 73: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 74: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 75: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 8.8 US - Market size and forecast 2021-2026 
    • Exhibit 76: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 77: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 78: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 79: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 8.9 UK - Market size and forecast 2021-2026 
    • Exhibit 80: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 81: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 82: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 83: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 8.10 China - Market size and forecast 2021-2026 
    • Exhibit 84: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 85: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 86: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 87: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 8.11 Canada - Market size and forecast 2021-2026 
    • Exhibit 88: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 89: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 90: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 91: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 8.12 Germany - Market size and forecast 2021-2026 
    • Exhibit 92: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 93: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 94: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 95: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 8.13 Market opportunity by geography 
    • Exhibit 96: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
  • 9.3 Impact of drivers and challenges 
    • Exhibit 97: Impact of drivers and challenges in 2021 and 2026
  • 9.4 Market trends

10 Vendor Landscape

  • 10.1 Overview
  • 10.2 Vendor landscape
    • Exhibit 98: Overview on Criticality of inputs and Factors of differentiation
  • 10.3 Landscape disruption
    • Exhibit 99: Overview on factors of disruption
  • 10.4 Industry risks
    • Exhibit 100: Impact of key risks on business

11 Vendor Analysis

  • 11.1 Vendors covered
    • Exhibit 101: Vendors covered
  • 11.2 Market positioning of vendors 
    • Exhibit 102: Matrix on vendor position and classification
  • 11.3 3D Systems Corp.
    • Exhibit 103: 3D Systems Corp. - Overview
    • Exhibit 104: 3D Systems Corp. - Product / Service
    • Exhibit 105: 3D Systems Corp. - Key news
    • Exhibit 106: 3D Systems Corp. - Key offerings
  • 11.4 Desktop Metal Inc.
    • Exhibit 107: Desktop Metal Inc. - Overview
    • Exhibit 108: Desktop Metal Inc. - Business segments
    • Exhibit 109: Desktop Metal Inc. - Key news
    • Exhibit 110: Desktop Metal Inc. - Key offerings
    • Exhibit 111: Desktop Metal Inc. - Segment focus
  • 11.5 EnvisionTEC GmBH
    • Exhibit 112: EnvisionTEC GmBH - Overview
    • Exhibit 113: EnvisionTEC GmBH - Product / Service
    • Exhibit 114: EnvisionTEC GmBH - Key offerings
  • 11.6 Materialise NV
    • Exhibit 115: Materialise NV - Overview
    • Exhibit 116: Materialise NV - Business segments
    • Exhibit 117: Materialise NV - Key news
    • Exhibit 118: Materialise NV - Key offerings
    • Exhibit 119: Materialise NV - Segment focus
  • 11.7 New Kinpo Group
    • Exhibit 120: New Kinpo Group - Overview
    • Exhibit 121: New Kinpo Group - Product / Service
    • Exhibit 122: New Kinpo Group - Key offerings
  • 11.8 Robert Bosch GmbH
    • Exhibit 123: Robert Bosch GmbH - Overview
    • Exhibit 124: Robert Bosch GmbH - Business segments
    • Exhibit 125: Robert Bosch GmbH - Key news
    • Exhibit 126: Robert Bosch GmbH - Key offerings
    • Exhibit 127: Robert Bosch GmbH - Segment focus
  • 11.9 STEMify Ltd.
    • Exhibit 128: STEMify Ltd. - Overview
    • Exhibit 129: STEMify Ltd. - Business segments
    • Exhibit 130: STEMify Ltd. - Key offerings
    • Exhibit 131: STEMify Ltd. - Segment focus
  • 11.10 Stratasys Ltd.
    • Exhibit 132: Stratasys Ltd. - Overview
    • Exhibit 133: Stratasys Ltd. - Business segments
    • Exhibit 134: Stratasys Ltd. - Key news
    • Exhibit 135: Stratasys Ltd. - Key offerings
    • Exhibit 136: Stratasys Ltd. - Segment focus
  • 11.11 Ultimaker BV
    • Exhibit 137: Ultimaker BV - Overview
    • Exhibit 138: Ultimaker BV - Product / Service
    • Exhibit 139: Ultimaker BV - Key offerings
  • 11.12 voxeljet AG
    • Exhibit 140: voxeljet AG - Overview
    • Exhibit 141: voxeljet AG - Business segments
    • Exhibit 142: voxeljet AG - Key offerings
    • Exhibit 143: voxeljet AG - Segment focus

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Inclusions and exclusions checklist 
    • Exhibit 144: Inclusions checklist
    • Exhibit 145: Exclusions checklist
  • 12.3 Currency conversion rates for US$ 
    • Exhibit 146: Currency conversion rates for US$
  • 12.4 Research methodology
    • Exhibit 147: Research methodology
    • Exhibit 148: Validation techniques employed for market sizing
    • Exhibit 149: Information sources
  • 12.5 List of abbreviations 
    • Exhibit 150: List of abbreviations

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