United Arab Emirates (UAE) 3D Printing Market Research Report, 2028

United Arab Emirates (UAE) 3D Printing Market Research Report, 2028

Actual Market Research 31-03-2023 60 Pages Figures : 5 Tables : 13 Region : MEA Country : United Arab Emirates Category : IT & Telecommunications Technology

The technology of 3D printing dates back to 1981, but the market in the UAE accelerated due to the UAE government's progressive policies. Whereas rapid and functional prototyping has dominated 3D printing, it is expected that industries such as automobile, healthcare, aerospace, and others will lead the development of the 3D printing industry in the near future. Furthermore, the Dubai Health Authority is using 3D printing technology to create prosthetic limbs for children that can be customized and produced quickly and at a lower cost than traditional methods. Moreover, the Dubai Municipality is using 3D printing technology to create prototypes of new building designs that can be tested and modified quickly and at a lower cost than traditional methods. Furthermore, Abu Dhabi-based Company "The 3D Printing Studio" has created a 3D printed replica of the Burj Khalifa, the world's tallest building, which stands at 828 meters (2,717 feet) tall. Moreover, the Mohammed bin Rashid Al Maktoum Global Initiatives is using 3D printing technology to create homes for low-income families in countries such as Mexico and India that can be built quickly and at a lower cost than traditional methods. In addition, the Dubai Future Foundation has launched the "Dubai 3D Printing Strategy" for Buildings project, which aims to 3D print around 25% of all new buildings in Dubai by 2030. According to the research report "United Arab Emirates 3D Printing Market Research Report, 2028," published by Actual Market Research, the United Arab Emirates 3D printing market size more than USD 1.15 Billion by 2028. This has led to the development of advanced 3D printing technologies and materials, and has attracted international companies and startups to establish their presence in the country. Furthermore, 3D printing can also be more environmentally sustainable than traditional manufacturing, as it can reduce waste and energy consumption. This has made 3D printing an attractive option for businesses and organisations in the UAE looking to reduce their carbon footprint and promote sustainability. Moreover, the construction industry in the UAE is also exploring the potential of 3D printing technology, with applications ranging from rapid prototyping of building designs to the production of components and materials. The technology allows for faster and more efficient construction with lower costs and waste. In addition, The UAE has a thriving art and design scene, and 3D printing technology is enabling artists and designers to create highly complex and intricate sculptures, furniture, and other objects. This has opened up new creative possibilities and attracted international attention and investment. The market is segmented into two major printer types, including desktop 3D printers and industrial 3D printers. Among them, industrial 3D printers will dominate the market in 2022 with a higher market share. Industrial 3D printers help design consumer, automotive and industrial tools and final parts. Industrial 3D printers have the capability of mass production and offer high performance. Increasing demand from the healthcare, aerospace & defense, and automotive industries is boosting the growth of the industrial 3D printers segment. Desktops are expected to have the highest CAGR during the forecast period due to the fact that desktop 3D printers are generally smaller, more affordable, and easier to use compared to industrial or professional-grade 3D printers. Based on application, the industry has been segmented further into prototyping, tooling, and functional parts. The prototyping segment accounted for the largest share in 2022, owing to the extensive adoption of the prototyping process across several industry verticals. The automotive, aerospace, and defence verticals, in particular, use prototyping to design and develop parts, components, and complex systems precisely. The functional parts segment is expected to expand most from 2023 to 2028, in line with the increasing demand for designing and building functional parts. Printers, materials, software, and services are the four segments of the market. The printer segment is expected to have the largest market share by 2028. The 3D printer was initially marketed as a novelty item rather than a useful tool. However, as a result of cost reductions and technological advancements, the market for 3D printers has grown significantly. They are used in professional printing, for example, to create lightweight, complex designs for expensive items such as racing vehicles and aircraft. The expansion of the printer segment may be attributed to the shifting perspective of 3D printing and its progress as a developing industrial solution. Materials are expected to have the highest CAGR during the forecast period. The demand for 3D printing materials is expected to grow due to the increasing adoption of the technology in various industries such as automotive, aerospace, and healthcare. The development of new and advanced materials, such as composites and metal powders, is also expected to drive growth in the market. Additionally, as 3D printing becomes more widely adopted, the demand for a wider range of materials for different applications will increase. However, 3D printing software is becoming increasingly sophisticated, allowing for more complex designs and more efficient printing processes. The demand for software is expected to grow due to the increasing adoption of 3D printing across a range of industries, as well as the need for more sophisticated software to support more complex printing applications. Additionally, the integration of software with other technologies, such as artificial intelligence and machine learning, is expected to drive growth in the market. 3DVinci Creations is a Dubai-based 3D printing company that offers a range of services, including prototyping, design, and manufacturing. The company has launched several new products, including a 3D-printed miniature model of the Burj Khalifa, the world's tallest building, and a 3D-printed model of Dubai's skyline. Furthermore, Sinterex is a UAE-based company that specialises in metal 3D printing. The company has launched several new products, including a 3D-printed titanium dental implant and a 3D-printed metal bracket for orthodontic treatment. Moreover, Immensa is a Dubai-based 3D printing company that offers a range of services, including prototyping, design, and manufacturing. The company has launched several new products, including a 3D-printed wheelchair, a 3D-printed dental implant, and a 3D-printed prosthetic leg. In addition, Stratasys, a global leader in 3D printing technology, has partnered with several companies in the UAE to launch new products and services. For example, the company has partnered with 3DVinci Creations to offer 3D printing services for the construction industry and with 3D Printing Solutions to offer 3D printing services for the medical and dental industries. 3D printers are typically sourced from international manufacturers and distributors, such as Stratasys, MakerBot, and Ultimaker. However, there are some local manufacturers, such as Immensa Technology Labs, that produce their own 3D printers. Furthermore, 3D printing software is an important component of the supply chain, as it is used to design, simulate, and optimise 3D models. Software is typically sourced from international providers, such as Autodesk, Siemens, and Dassault Systèmes. Moreover, 3D printing service bureaus provide 3D printing services to customers who do not have their own printers. These service bureaus are typically local companies, such as 3DVinci Creations and Proto21 that offer a range of services including prototyping, design, and manufacturing. In addition, Local certification bodies, such as the Emirates Authority for Standardization and Metrology (ESMA), are developing and implementing standards for 3D printing in the UAE. Developments: • In 2021, dubai Electricity and water opened 3D printing lab in UAE. DEWA uses 3D printers to manufacture prototype and spare parts for its generation, transmission and sistribution divisions and to support the operational areas. • In 2020, Immensa Technology labs acquired two saudi companies i.e., Shak13D and LayLabs. Company is sekking to develop its capabilities and rapidly expand the adoption of additive manufacturing within the region. Considered in this report • Geography: United Arab Emirates • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • United Arab emirates 3D Printing market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Offerings: • Printers • Materials • Services • Software By Printer Type: • Desktop 3D Printer • Industrial 3D Printer By Application Type: • Prototyping • Functional Part Manufacturing • Tooling The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started doing primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the 3D printing industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

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