Thailand Additive Manufacturing Market

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Thailand 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 : CM667

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Thailand Additive Manufacturing Market Overview

Thailand Additive Manufacturing Market size was valued at USD 189.4 million in 2023, and is predicted to reach USD 896.9 million by 2030, at a CAGR of 23.3% from 2024 to 2030. In terms of volume, the market size was 8 thousand units in 2023, and is projected to reach 44 thousand units by 2030, with a CAGR of 24.6% from 2024 to 2030.

The additive manufacturing (AM) market, also known as additive layer manufacturing (ALM) or three-dimensional (3D) printing, is a global industry focused on the development, production, and distribution of technologies and materials for creating three-dimensional objects layer by layer from digital models. This market serves a variety of sectors, including aerospace, automotive, healthcare, and consumer goods, by offering advanced solutions for prototyping, production, and customized manufacturing.

AM is highly valued for its ability to produce intricate and personalized components while minimizing material waste, leading to significant cost savings and environmental benefits. A key feature of this market is its diverse range of printing technologies, such as stereolithography (SLA), selective laser sintering (SLS), and fused deposition modeling (FDM), each designed to meet specific industry needs and applications. Additionally, AM's capability for rapid prototyping shortens product development cycles, enabling businesses to innovate and bring products to market more quickly than traditional manufacturing methods.

Technological Advancements in the Construction Sector Propels the Growth of the Market

The technological advancements of construction sector are accelerating the Thailand additive manufacturing market demand for rapid prototyping, cost-effectiveness, and design flexibility in producing complex architectural elements, thereby enhancing the adoption of additive manufacturing (AM). This technology offers innovative solutions by facilitating swift prototyping and the production of intricate architectural components while minimizing material wastage.

Additionally, the integration of digital design tools and automation into construction processes streamlines workflows, enhancing efficiency and precision. In June 2023, Thailand constructed the world’s first 3D-printed medical center north of Bangkok, using a 3D concrete printer to build the two-story structure faster and with less labor compared to traditional methods. As Thailand increasingly embraces intelligent and sustainable construction practices, AM emerges as a pivotal technological frontier driving innovation within the industry.

 

Rising Business Expansion Initiative Among the Regional Players Boosts the Market Growth

Regional players in Thailand's 3D printing industry are significantly contributing to market growth through localized innovation, tailored solutions, and enhanced accessibility. By offering competitive pricing, responsive customer support, and localized distribution networks, these players expand the adoption of 3D printing technology across diverse sectors, thereby driving overall market expansion.

In May 2024, Metro Systems Corporation Public Company Limited (MSC) introduced the UltiMaker Factor 4 3D printer in Thailand, marking its debut in ASEAN. The UltiMaker Factor 4, designed for the industrial sector, features advanced capabilities such as a temperature-controlled build volume, Direct Drive Dual Extrusion, and a printing report system. The introduction of such cutting-edge technology tailored to industrial needs accelerates its adoption in Thailand, underscoring the crucial role of regional players in advancing the 3D printing market.

 

High Upfront Investment Restrains Thailand Additive Manufacturing Market Growth

The substantial upfront investment required for AM equipment, materials, and training presents a significant obstacle to Thailand additive manufacturing market trends. This financial commitment poses a notable challenge for businesses, particularly smaller ones, limiting their capacity to enter or expand operations within the market.

Additionally, ongoing expenses related to materials and training further increase the overall financial burden. Consequently, many businesses are hesitant to adopt AM technology due to these initial financial challenges, thereby impeding potential of the Thailand additive manufacturing market growth.

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

Integrating artificial intelligence (AI) into additive manufacturing (AM) is anticipated to expand the 3D printing market by refining production processes, enhancing product design capabilities, and facilitating the creation of intricate and personalized objects. AI integration enables businesses to analyze extensive datasets gathered during printing, such as material properties, printing parameters, and environmental conditions. This analysis helps identify patterns, optimize settings, and predict potential defects, thereby improving printing precision and reducing material waste.

 

Competitive Landscape

The prominent key players operating in Thailand additive manufacturing industry include Maliev Co., Ltd., X3D, Treebuild, Print3Dd, KTPAK International, PolyWish, Ultimaker, 3D Systems Inc., EOS GmbH, Nexa 3D, and others.

Thailand 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

  • Maliev Co., Ltd.

  • X3D

  • Treebuild

  • Print3Dd

  • KTPAK International

  • PolyWish

  • Ultimaker

  • 3D Systems Inc.

  • EOS GmbH

  • Nexa 3D

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size Value in 2023

USD 189.4 million

Revenue Forecast in 2030

USD 896.9 million

Growth Rate

CAGR 23.3% from 2024 to 2030

Market Volume in 2023

8 thousand units

Market Forecast in 2030

44 thousand units

Volume Growth Rate

CAGR of 24.6% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

  • Technological advancements in the construction sector drives the market growth.

  • Rise in adoption of initiatives by regional players 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 Thailand additive manufacturing market are Maliev Co., Ltd., X3D, Treebuild, Print3Dd, KTPAK International, PolyWish, Ultimaker, 3D Systems Inc., EOS GmbH, Nexa 3D, and others.

According to the Next Move Strategy Consulting, the size of Thailand additive manufacturing market is estimated to be at USD 896.9 million in 2030.

The integration of artificial intelligence in 3D printing is expected to create opportunities of the market.

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

According to the Next Move Strategy Consulting, the size of the market is estimated at USD 189.4 million in 2023.

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