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What are the uses of Microscale 3D Printing Market? Get Latest Details All Here.

08-21-2020 08:30 AM CET | Industry, Real Estate & Construction

Press release from: Coherent Market Insights

Microscale 3d printing

Microscale 3d printing

Conventional three-dimensional printing and manufacturing has garnered significant traction in all major industrial applications. However, the increasing requirements for precision and for processes that require precision at meso, micro, and nanometer scales has led to the development of microscale 3-D printing technology. This technology finds application primarily in the manufacturing and fabrication industries as well as in the research and scientific community.

Some of the key players in the microscale 3-D printing market include Desktop Metal, Formlabs, HP, 3D Hubs, WASP, GE Additive, Aleph Objects (Lulzbot), Apis Cor, 3D-Fuel (3DomFuel), Doob Group, E3D, Nano Dimension, Open Bionics, Zortrax, Nanoscribe GmbH, Monoprice, Stratasys, 3D Systems, Divergent3D, and Optomec.

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Microscale 3-D Printing Market Taxonomy:
1. On the basis of printing technologies:
Stereo-lithography(SLA)
Digital Light Processing(DLP)
Fused Deposition Modeling (FDM)
Selective Laser Sintering (SLS)
Selective Laser Melting (SLM)
Electronic Beam Melting (EBM)
Laminated Object Manufacturing (LOM)

2. On the basis of end-use industry:
Aerospace & defense
Healthcare
Consumer Electronics
Automotive
Education & Research
Others (printed electronics, jewelry, painting, food and culinary)

Participants are increasingly making efforts to reduce manufacturing time and increase its application. For instance, Autodesk, a software company has integrated artificial intelligence to create complex design possibilities based on exact weight and strength, most of which can only be created using additive manufacturing.

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Technology expected to garner significant applications, however, is still in its nascent stage of development

Owing to extensive application capability, the technology is expected to disrupt almost all material manufacturing application segments, however, is limited mostly to prototyping owing to significant challenges in handling expertise. Moreover, this technology is majorly deployed by science and research institutes that include ETH Zurich, Switzerland; Stanford, MIT, Cambridge; and National University, Singapore. It is estimated that microscale 3-D printing market will garner high adoption, however, will require at least over a decade to become mainstream. According to Coherent Market Insights Analysis, technology adoption should be at least 20% in order to become mainstream.

Over the last few years, the use of microscale 3-D printing technology was limited to the making of complex shapes with the use of thermoplastics. Manufacturers are increasingly making efforts for the utilization of these techniques for varied materials that include semiconductors, living cells, and mixing and matching inks with increased accuracy. For instance, in May 2013, Princeton University scientists created bionic ear utilizing electronic and biological materials that could track radio frequencies.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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