Industry: Construction & Manufacturing | Publish Date: 16-Nov-2024 | No of Pages: 138 | No. of Tables: 102 | No. of Figures: 67 | Format: PDF | Report Code : CM2819
Indonesia Additive Manufacturing Market size was valued at USD 186.9 million in 2023, and is predicted to reach USD 985.2 million by 2030, at a CAGR of 25.2% from 2024 to 2030. In terms of volume, the market size was 8 thousand units in 2023, and is projected to reach 52 thousand units by 2030, with a CAGR of 27.6% from 2024 to 2030.
The additive manufacturing (AM) market, known as additive layer manufacturing (ALM) or three-dimensional (3D) printing, is a global industry focused on developing, producing, and distributing technologies and materials for constructing three-dimensional objects layer by layer from digital models.
Serving diverse sectors including aerospace, automotive, healthcare, and consumer goods, this market offers advanced solutions for prototyping, production, and customized manufacturing.
AM is highly valued for its capability to produce intricate and customized components while minimizing material waste, leading to significant cost savings and environmental benefits. A notable characteristic of this market is its variety of printing technologies, such as stereolithography (SLA), selective laser sintering (SLS), and fused deposition modeling (FDM), each tailored to meet specific industry requirements and applications. Additionally, AM's ability for rapid prototyping accelerates product development cycles, empowering businesses to innovate and bring products to market faster than traditional manufacturing methods allow.
The collaboration among key regional players for the advancement of industrial sectors in Indonesia is crucial in accelerating the demand for advanced manufacturing technologies such as additive manufacturing (AM).
Through strategic partnerships involving government entities, private enterprises, research institutions, and educational organizations, Indonesia is cultivating an ecosystem that supports innovation and technological adoption.
In November 2022, Bakrie Group and Construction of Buildings on Demand (COBOD) International formed PT Modula Tiga Dimensi to promote 3D printing, revolutionizing the Indonesian construction industry with efficient and environmentally-friendly building methods.
Such collaborations facilitate knowledge exchange, skill development, and infrastructure enhancement, thereby accelerating the adoption of AM and advancing Indonesia's industrial landscape.
The burgeoning healthcare industry in Indonesia necessitates customized, high-quality medical equipment and devices. Additive manufacturing (AM) provides the flexibility to produce advanced and tailored medical devices quickly and cost-effectively, aligning with the evolving demands of the sector.
According to the International Trade Administration report 2024, Indonesia saw significant growth in domestic medical device production, increasing from USD 2,331 million in 2021 to USD 2,564 million in 2022, alongside a flourishing export market that surged from USD 1,377 million to USD 2,724 million during the same period, marking growth rates of 10% and 97.8%, respectively.
This rapid expansion underscores the urgency for advanced techniques to streamline the production process of medical devices and meet the growing Indonesia additive manufacturing market demand.
The significant initial investment needed for equipment, materials, and training poses a major barrier to Indonesia additive manufacturing market expansion. This financial commitment presents a significant challenge for businesses, especially smaller ones, restricting their ability to enter or scale operations in the market.
Moreover, continuous expenses associated with materials and training add to the overall financial burden. As a result, many businesses are cautious about adopting AM technology due to these initial financial hurdles, thereby limiting the growth prospects of the additive manufacturing market.
Incorporating artificial intelligence (AI) into additive manufacturing (AM) is expected to broaden the 3D printing by improving production processes, advancing product design capabilities, and facilitating the creation of intricate and customized objects.
AI integration allows businesses to analyze large datasets collected during printing, including material properties, printing parameters, and environmental conditions. This analysis assists in identifying patterns, optimizing settings, and predicting potential defects, thereby enhancing printing precision and minimizing material waste.
The prominent key players operating in Indonesia additive manufacturing industry include EOS GmbH, Zelta 3D, 3D Chimera, Jasa 3D, Xometry, Centralab, Formero, Kenna Metal, URALA International, Stratasys and others.
Desktop 3D Printer
Industrial 3D Printer
Stereolithography
Fused Deposition Modeling
Selective Laser Sintering
Direct Metal Laser Sintering
Polyjet Printing
Inkjet Printing
Electron Beam Melting
Laser Metal Deposition
Digital Light Processing
Laminated Object Manufacturing
Other Technology
Hardware
Software
Design Software
Inspection Software
Printer Software
Scanning Software
Services
Prototyping
Tooling
Functional Parts
Desktop Additive Manufacturing
Educational Purpose
Fashion & Jewellery
Objects
Dental
Food
Other Desktop Additive Manufacturing
Industrial Additive Manufacturing
Automotive
Aerospace & Defense
Healthcare
Consumer Electronics
Power & Energy
Other Industrial Additive Manufacturing
EOS GmbH
Zelta 3D
3D Chimera
Jasa 3D
Xometry
Centralab
Formero
Kenna Metal
URALA International
Stratasys
Parameters |
Details |
Market Size Value in 2023 |
USD 186.9 million |
Revenue Forecast in 2030 |
USD 985.2 million |
Growth Rate |
CAGR 25.2% from 2024 to 2030 |
Market Volume in 2023 |
8 thousand units |
Market Forecast in 2030 |
52 thousand units |
Volume Growth Rate |
CAGR of 27.6% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Million (USD) |
Growth Factors |
|
Companies Profiled |
10 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |