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The 3D printing in education sector market size is forecast to increase by USD 1.11 billion, at a CAGR of 13.64% between 2023 and 2028. The educational sector is witnessing numerous benefits from 3D printing technology, including enhanced learning experiences, hands-on engagement, and the promotion of creativity and problem-solving skills. Furthermore, there's a notable increase in support for integrating 3D printing into educational curricula, driven by recognition of its potential to revolutionize teaching methods and prepare students for future careers. Additionally, there's a growing demand for 3D printing within STEM (Science, Technology, Engineering, and Mathematics) education, as educators seek innovative ways to foster interest and proficiency in these disciplines. These trends reflect a broader movement towards leveraging technology to enhance learning outcomes and equip students with the skills needed to succeed in an increasingly complex and technology-driven world. The report includes historic market data from 2018 - 2022. This report also includes an in-depth market growth analysis, market trends and analysis, and market forecasting of forecast and historic data.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The market report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market research and growth and players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
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North America is estimated to contribute 35% to the growth of the global market during the forecast period. In North America, the US is the leading market for 3D printing in the education industry. 3D printing for STEM education is gaining popularity in the region. The education sector in the region is one of the early adopters of innovative technologies. The use of 3D printing solutions is being promoted at several universities in the United States through training programs. The growing use of 3D printing solutions by educational institutions will increase sales of 3D printers in the region during the forecast period. Some of the prominent vendors operating in the 3D printing market in the education sector in North America are ExOne, Stratasys, Ultimaker, and 3D Systems. Such factors will increasse the market growth in this region during the forecast period.
The market share growth by the higher education segment will be significant during the forecast period. The higher education segment comprises colleges and universities. Students are prepared for working in a profession that requires critical thinking and collaboration skills because of the integration of 3D printing into education.
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The higher education segment showed a gradual increase in the market share of USD 420.30 million in 2018. Some applications of 3D printing in education industry are suited for higher education and are being used by engineering students to design prototypes. Some applications are used for the study of medical laboratories to study body organs, and some art students use them to illustrate their works. Some universities are focusing on offering graduate courses to tackle legal issues in 3D printing. Such factors will increase the segment growth during the forecast period.
In the education sector, 3D printing emerges as a game-changer, fostering innovation and hands-on learning experiences. As institutions adapt to the post-pandemic scenario, the demand for customized products and medical supplies drives the integration of 3D printing technology. From desktop to industrial printers, institutions explore various printing segments like Fused Deposition Modelling and Powder Bed Fusion, enabling students to create final 3D products with consistent quality. Embracing digitization and simulation applications, educators prepare students for smart factories and machine learning environments. Moreover, partnerships with industries like healthcare, defense, and automotive provide real-world applications, while advancements in selective laser sintering and electron beam melting expand possibilities in aerospace and consumer electronics. Through online 3D printing services, educational institutions empower students to unleash their creativity and drive innovation.
Benefits offered by 3D printing in education sector is the key factor driving the market. In the post-pandemic scenario, educational institutions are increasingly embracing 3D printing technology to enhance learning experiences and foster creativity. This technology, which converts digital models into tangible objects, offers numerous benefits for the education sector. By integrating 3D printing into classrooms and curriculums, students can develop problem-solving skills through hands-on projects. The education sector's adoption of 3D printing is driven by several factors, including the ability to create customized products, consistency in quality, and reduced process downtime. Two popular 3D printing technologies in the market are Fused Deposition Modelling (FDM) and Powder Bed Fusion.
Further, challenges such as Brexit and the evolving regulatory landscape may impact the adoption of 3D printing in the education sector. In conclusion, the integration of 3D printing technology in education offers numerous benefits, including fostering creativity and problem-solving skills, reducing process downtime, and providing consistent quality. With advancements in hardware, software, and services, the education sector is poised to leverage the full potential of 3D printing in the post-pandemic era. Key players in the market, such as HP, Microsoft, and Climate change, are investing in the development of 3D printing technologies to cater to the education sector's needs.
The companies offering 3D printers in the education sector such as VX4000 3D printer is a primary trend in the market. In the education sector, there's a growing use of 3D printers. The benefits of 3D printing are one of the reasons for the rising adoption of these printers in the education industry. In view of the increase in adoption, some vendors on the market have also been encouraged to introduce new products.
Moreover, product portfolio expansions help vendors increase sales and their share in the global 3D printing market in the education sector. Sales will increase as new models of 3D printers are introduced into the education sector and, thereby, drive the growth of the global 3D printing market in the education sector during the forecast period.
The growing threat from 3D printing rental services in the education sector is a major challenge in the market growth. There are a lot of providers on the market offering 3D printing rental services for educational institutions. 3D printers available on a rental basis help educational institutions to avoid the initial investment associated with the purchase and installation of 3D printers.
However, educational institutions can integrate advanced variants of 3D printers for teaching and learning without buying the printers. Further companies are offered by the providers of 3D printers for rent to education institutions. The emergence of 3D printing rental services for the education sector will negatively affect the sales of new units and hamper the growth potential of the market in focus during the forecast period.
The market analysis and report include the adoption lifecycle of the market, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on market penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Customer Landscape
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD billion " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
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In the education sector, 3D printing revolutionizes learning by offering students hands-on experiences and enhancing their creativity. From desktop to industrial printers, institutions embrace a diverse printer segment including Fused Filament Fabrication and Digital Light Processing, enabling prototyping and the creation of final 3D products. With advancements in hardware and software, schools like Redington Limited and Wipro integrate polymer printers and cutting-edge technologies like Stereolithography. As industrial hubs adopt 3D printing for automation and large-format systems, students gain practical skills in robotics and reliability. Despite challenges like high initial investments, partnerships with industry leaders like Autodesk and Microsoft drive the adoption of 3D printing, preparing students for a competitive environment and extending product applications across sectors like the automotive industry. Through 3D printing services and collaborations with nonprofit organizations, educational institutions foster a vibrant 3D printed community and validate the potential of additive processes in addressing global challenges like climate change and Brexit uncertainties. Further, process downtime in the automotive sector due to supply chain disruptions highlights the critical need for reliable access to medical products and supplies, prompting exploration into alternative manufacturing methods like laminated object manufacturing for the production of final 3D products utilizing desktop and industrial printers, necessitating consistent availability of 3D printer filament and reliable 3D printing services.
Market Scope |
|
Report Coverage |
Details |
Page number |
162 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 13.64% |
Market growth 2024-2028 |
USD 1.10 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
11.73 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 35% |
Key countries |
US, UK, China, Canada, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
3D Systems Corp., Anker Innovations Technology Co., Ltd, BigRep GmbH, Desktop Metal Inc., EOS GmbH, Formlabs Inc., Gizmo 3D Printers Pty Ltd., HP Inc., Kinpo Group, Markforged Holding Corp., MATERIALISE NV, Photocentric Ltd., Raise 3D Technologies Inc., Robert Bosch GmbH, Sculpto ApS, Shenzhen Creality 3D Technology Co. Ltd, Sindoh Co. Ltd., SLM Solutions Group AG, Stratasys Ltd., SprintRay Inc., 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, condition analysis for the market projection 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. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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