How is the 3D printing market positioned in the UAE?
Overview of the 3D printing market in the United Arab Emirates:
3D printing as a technology dates back to 1981, but in the UAE the market has rapidly accelerated due to the progressive policies of the UAE government. 3D printing has been largely dominated by rapid and functional prototyping and due to which, in the near future, it is expected that industries such as automotive, healthcare, aerospace and others will lead the development of the 3D printing industry.
The UAE 3D printing market grew at a double-digit CAGR during the period 2016-2021P. This growth is attributed to the various policies proposed by the government since 2016 to support the growth of the 3D printing industry. Restrictions on free trade and imports in the UAE due to Covid-19 have contributed to the launch of local manufacturing of products using 3D printing technology. The intensification of global research and development in the field of 3D printing has led the technology to achieve new innovations, facilitating its use by a layman.
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Future prospects of the 3D printing market in the United Arab Emirates:
The current trend in the industry is towards 3D printing service providers, followed by printer ownership. Technological advancements in the future are inevitable, and with further advancements, technology will become more efficient and widely used. This will lead to an increase in the ownership of 3D printers in the future, and therefore reduce the reliability of individuals on 3D printing service providers.
Prototyping is currently the most widely used 3D printing application in the UAE, as the majority of products being created are still in the modeling phase. For example, 3D printing for construction purposes is still being tested primarily for research purposes at the moment and has not been commercialized by companies. However, in the coming years, it is expected that these prototypes may even progress to manufacturing or tooling processes.
Per end user:
The Covid-19 pandemic has been a game-changer for the UAE. Being totally dependent on imports for most products, they had no choice but to manufacture amid international trade bans and travel restrictions. 3D printing companies in the United Arab Emirates have started producing masks, face shields and more healthcare-related equipment to meet the growing demands for these products during the pandemic, which has led the healthcare segment healthcare to use 3D printing technology the most, followed by machinery, consumer goods and the aerospace industry.
By 3D printing technology:
FDM technology is the most widely used technology in the 3D printing space today, by volume. However, when it comes to value, there is no clear winner. New and upcoming technologies such as WASP, color jet printers could surpass the existing FDM technology.
Currently, polymers are the main material used for prototyping, so it is the most common material used for 3D printing in the UAE. Over the years, as the primary use of 3D printing would shift from prototyping to manufacturing, materials like metals would become more prevalent for 3D printing technology.
Over the years, Dubai has become the technological hub of the United Arab Emirates. Dubai has been the undisputed leader among the other emirates when it comes to 3D printing. Most of the regional companies are based in Dubai, providing easy access to the locals to these technologies.
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Competitive Landscape of United Arab Emirates 3D Printing Market:
The industry is currently highly fragmented with the presence of around 250 global players and around 80 regional players operating in the 3D printing space in the UAE. Global players such as 3D Systems Corporation, Stratasys Ltd, SLM Solutions Group, Materialize NV and others are currently dominating the market as these companies have been able to establish themselves in the market due to their ability to introduce technological advancements in the 3D printing industry.
What is the future of the 3D printing market in the UAE?
The UAE 3D printing market is expected to witness positive growth at a double-digit CAGR during the forecast period, 2021P-2026F. Technological advancements will be seen in the industry, such as new and upcoming technologies such as WASP and color jet printers that could surpass existing FDM technology in the 3D printing industry. During the forecast period, it is expected that the application of 3D printing will shift from prototyping to manufacturing, and there will be a significant change in the type of materials used for 3D printing technology.
Key Factors Considered in the Report
Jumbo 3D Printing Manufacturing Company in UAE
UAE 3D Printing Market Chart
Difference Between Traditional Manufacturing and Additive Manufacturing
Value chain analysis
Ecosystem for the 3D printing market
Economic cycle of the 3D printing market
Global Patent Analysis
3D Printing Market Size, 2016 – 2021P
3D printing market size, 2021P- 2026F
Segmentation of the 3D printing market in the UAE, 2021 and 2026
Growth drivers, trends and developments
Government regulations for the 3D printing market
Competitive Landscape – Key Players Cross Comparison
Ankur Gupta, Marketing and Communications Manager
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana – 122001, India
Ken Research is a research-based management consulting firm. We provide strategic advice to help clients on critical business insights: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers and acquisitions, and sustainability across all industries and geographies. We provide business intelligence services and operational advice in over 300 verticals highlighting disruptive technologies, emerging business models with analysis of precedents and success case studies. Some of the best consulting firms and market leaders seek our intelligence to identify new revenue streams, customer/vendor paradigm and pain points and competitive due diligence.
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