Indonesia Additive Manufacturing Market

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Indonesia Additive Manufacturing Market by Type (Desktop 3D Printer and Industrial 3D Printer), by Technology (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, and Other Technology), by Component (Hardware, Software, and Services), by Application (Prototyping, Tooling, and Functional Parts), and by End User (Desktop Additive Manufacturing and Industrial Additive Manufacturing) – Opportunity Analysis and Industry Forecast, 2024–2030

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

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Indonesia Additive Manufacturing Market Overview

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.

Rising Collaboration Among Key Players Boosts the Growth of the Market

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.

 

Significant Growth of Healthcare Industry Accelerates the Demand for 3D Printing

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.

 

High Upfront Investment Restrains Market Growth

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.

Integration of Artificial Intelligence (AI) in Additive Manufacturing Presents Lucrative Opportunity for Market Expansion

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.

 

Competitive Landscape

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.

Indonesia Additive Manufacturing Market Key Segments

By Type

  • Desktop 3D Printer

  • Industrial 3D Printer

By Technology 

  • 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

By Component 

  • Hardware

  • Software

    • Design Software

    • Inspection Software

    • Printer Software

    • Scanning Software

  • Services

By Application 

  • Prototyping

  • Tooling

  • Functional Parts

By End User 

  • 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

Key Players

  • EOS GmbH

  • Zelta 3D

  • 3D Chimera

  • Jasa 3D

  • Xometry

  • Centralab

  • Formero

  • Kenna Metal

  • URALA International

  • Stratasys

REPORT SCOPE AND SEGMENTATION:

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

  • Rising collaboration among key players drives the market growth.

  • Significant growth of the healthcare industry boosts the market growth.

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.

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Frequently Asked Questions

The key market players operating in Indonesia additive manufacturing market are EOS GmbH, Zelta 3D, 3D Chimera, Jasa 3D, Xometry, Centralab, Formero, Kenna Metal, URALA International, Stratasys and others.

According to the Next Move Strategy Consulting, the size of Indonesia additive manufacturing market is estimated to be at USD 985.2 million in 2030.

The integration of artificial intelligence in 3D printing is expected to create opportunities for Indonesia additive manufacturing market.

High upfront cost acts as restraining factor to the growth of Indonesia additive manufacturing market.

According to the Next Move Strategy Consulting, the size of Indonesia additive manufacturing market is estimated at USD 186.9 million in 2023.

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