Asia Pacific region is poised make its impact in 3D printing with soaring potential in manufacturing and technological advancement. 3D Printing will prove its dominance and prominence in this region with advancement in digital manufacturing. 3D printing will be a game changer and will make a huge leap in the coming years with companies focusing on innovative strategies to roll out different products. Digital era has completely taken over traditional products with highly effective 3D platforms ruling the roost and increasing end user attractiveness. The market is witnessing substantial growth with the rapid adoption of 3D technology in applications like healthcare, education and consumer electronics. The major factors driving the market are increasing applications of 3D printing as verticals like automotive and aerospace implementing this technology and increasing investments in R&D over the years with high – end innovations being a strong motivator and accelerating the market. The major factors hampering the growth of the market are high product associated with costs and lack of 3D content hindering the growth and which companies need to focus on.
The market for Asia Pacific 3D/4D Technology is USD Billion in 2015 and is estimated to reach USD XX Billion by 2020 with a CAGR of 34.91% during the forecast period. U.K accounts a lions share of 25% in 2015 and is the major contributor for Asia Pacific growth followed by China, Japan, India, South Korea, Australia and Others. 3D Displays (3D Televisions holds lions share) occupies a major share of the market with its top seeded performance and will continue to show its prominence during the forecast period followed by 3D Animation, 3D Cinema and Others.
The market is segmented on the basis of products like 3D Sensors, 3D Integrated Circuits, 3D Transistors, 3D Printer, 3D Gaming, 3D Imaging, 3D Display (3D Television, 3D Smartphone, 3D Digital Signage, 3D Projector, 3D Glass, Head Mounted Display and Others), 3D Navigation, 3D Animation, 3D Cinema and Others. The major verticals adding value for the global market are healthcare, education, government, industrial, consumer electronics, entertainment & media and others. Asia Pacific market is segmented by countries like China, Japan, India, South Korea, Australia and Others. Companies associated with 3D/4D Technology market are 3D Systems corporation, Dolby Laboratories, LG Electronics Inc. Barco N.V, Samsung Electronics Co. Ltd. Autodesk Inc. Panasonic Corporation and Others.
