6wresearch logo

India 3D Printer Market Projected to Reach $62 Million by 2022

June 13, 2016

Over the last few years, India is registering growth in demand for 3D printers for preparing prototypes in the areas of electronics, consumer goods, automotive, architecture, medical, industrial, and others. Although, the India 3D printer market is presently at a nascent stage, it holds tremendous potential for manufacturers, assemblers and distributors.

According to 6Wresearch, the 3D printer prototyping and materials market is projected to reach over $62 Million by 2022. 3D printer prototyping is an emerging concept in India, where in last three years several start-ups have emerged across the country. 3D printer prototyping services is expected to gain ground in applications pertaining to education, medical, arts and the architectural field. However, the trend is now rapidly shifting towards industrial and manufacturing applications owing to growing awareness and declining prices for industrial 3D printers.

3D printing is gaining increasing traction around the world in manufacturing and logistics, particularly in an effort to streamline inventories. According to a recent 3D printing initiative by UPS, the process will benefit manufacturers wanting to reduce inventory for slow-moving parts, manufacturers with short production runs, manufacturers and retailers of custom and semi-custom goods, and industrial designers and engineers who want rapid prototypes delivered fast.

Consumer electronics presently accounts for the major share in the use of 3D printing, according to Rajat Kharbanda, a senior consultant at 6Wresearch. "In addition to, automotive and industrial end users are increasingly opting for high-end 3D printers," he added.

"India 3D printing prototyping market is led by market players such as Altem Technologies, Imaginarium and Novabeans Prototyping," said Prijo Samuel, a senior research analyst at 6Wresearch.

Othe major companies in the India 3D printing prototyping market include Think3D, MyObjectify, Stanley 3D Tech, 3D Spectra Technologies, and LBD Makers Technology.

Media Source: Global Trademag

      Browse More Report

India Antivirus Software Market (2018-2024)

Market Forecast By End User (Individual, Enterprise and Government), By Applications (Windows, MAC and Android/IOS/Linux), By Product Type (Laptop, Desktop PC and Mobile/Tablet PC), By Sales Channels (Online and Offline), By Regions (Northern, Western, Eastern and Southern), By Tier-I Cities (SOHO (<= 25 Users) and SMB (<= 25 Users))...

Read More

Indonesia Elevator & Escalator Market (2017-2023)

Market Forecast By Segments (Elevators (Passenger, Cargo and Home), Escalator (Moving Stairs and Moving Walkways)), By Services (New installation and Maintenance), By Verticals (Residential, Commercial and Industrial), By Regions (Java, Sumatra, Bali & Nusa Tengaera...

Read More

Laos Switchgear Market (2018-2024)

By Voltage (Low Voltage (< 1.1 kV), Medium Voltage (1.1 kV - 36 kV) and High Voltage (> 36 kV)), By Insulation (Medium Voltage (Air, Gas and Others) and High Voltage (Air, Gas and Others)), By Types (Low Voltage (MCB, MCCB, ACB and Others) and Medium Voltage (Indoor (ISG) and Others ...

Read More

India Dishwasher Market (2018-2024)

Market Forecast By Type (Free-Standing and Built-in), By Applications (Residential and Commercial), By Distribution Channels (Multi Branded Stores, Exclusive Stores and Others), By Regions (Northern, Eastern, Western and Southern)...

Read More

Cambodia Switchgear Market (2018-2024)

Market Forecast By Voltage (Low Voltage (< 1.1 kV), Medium Voltage (1.1 kV - 36 kV) and High Voltage (> 36 kV)), By Insulation (Medium Voltage (Air, Gas and Others) and High Voltage (Air and Gas)), By Types (Low Voltage (MCB, MCCB, C&R, ACB, COS and Others)...

Read More

Thailand Switchgear Market (2018-2024)

Market Forecast By Voltage (Low Voltage (< 1.1 kV), Medium Voltage (1.1 kV - 36 kV) and High Voltage (> 36 kV)), By Insulation (Medium Voltage (Air, Gas and Others) and High Voltage (Air and Gas)), By Types (Low Voltage (MCB, MCCB, C&R, ACB, COS and Others)...

Read More

Myanmar Switchgear Market (2018-2024)

Market Forecast By Voltage (Low Voltage (< 1.1 kV), Medium Voltage (1.1 kV - 36 kV) and High Voltage (> 36 kV)), By Insulation (Medium Voltage (AIS, GIS and Others) and High Voltage (AIS, GIS and Others)), By Types (Low Voltage (MCB, MCCB, C&R, ACB, COS and Others)...

Read More

Vietnam Switchgear Market (2018-2024)

Market Forecast By Voltage (Low Voltage (< 1.1 kV), Medium Voltage (1.1 kV - 36 kV) and High Voltage (> 36 kV)), By Insulation (Medium Voltage (AIS, GIS and Others) and High Voltage (AIS, GIS and Others)), By Types (Low Voltage (MCB, MCCB, C&R, ACB, COS and Others)...

Read More

UAE Kitchen Hood Market (2018-2024)

Market Forecast By Installation Type (Wall Mounted, Island Mounted and Under-Cabinet), By Applications (Residential and Commercial), By Fitting Type (Ducted/Extracting and Ductless/Recirculated), By Regions...

Read More


Our Key Clients
6wreserach client list


6Wresearch Events
6wreserach events