The selective laser sintering (SLS) equipment market was valued at USD 274.3 million in 2017 and is projected to reach USD 947.4 million by 2023, for both equipment and material, growing at a CAGR of 22.8% during the forecast period, whereas the market for equipment, inclusive of SLS and DMLS, is projected to grow at a CAGR of 27.5% during the forecast period. The base year considered for the study is 2017, and the forecast period is from 2018 to 2023.

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Study Objectives

To define, describe, and forecast the SLS equipment market, in terms of value, by material, application, industry, and geography

To forecast the market size of segments with respect to 4 main regions - North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)

To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market

To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the total market

To strategically profile key players and comprehensively analyze their market rank and core competencies, and detail the competitive landscape for selective laser sintering equipment market leaders

To analyze competitive developments such as acquisitions, new product launch and developments, and research and development (R&D) in the SLS equipment market

• Nylon-based SLS equipment dominated the overall SLS equipment market in 2017

• SLS equipment market for robotics application to grow at highest CAGR during forecast period

• SLS equipment market in APAC to grow at highest CAGR during forecast period

This report provides valuable insights into the ecosystem of the SLS equipment market. Major players profiled in this report are 3D Systems Corporation (US), EOS GmbH (Germany), Farsoon Technologies (China), Prodways Group (France), Formlabs, Inc. (US), Sinterit sp. z o.o. (Poland), Renishaw Plc. (UK), Sintratec AG (Switzerland), Sharebot S.r.l. (Italy), Natural Robotics (Spain), Ricoh Company, Ltd. (Tokyo), Z Rapid Tech (China), Concept Laser GmbH (Germany), Aerosint (Belgium), XYZ Printing, Inc. (Taiwan), Dynamic Tools (Spain), Aspect Inc (Japan), and Red Rock SLS (Russia).
Product Launches and Developments

Month & Year


Company


Description

June 2018


Prodways Group


Prodways launched ProMaker LD-3, a compact 3D printer, which will enable to produce professional-grade prototypes and compact designs.

June 2018


3D Systems Corporation


3D Systems launched DMP Flex 100 and DMP Dental 100 3D printers for entry-level metal 3D printing and dental applications.
Agreements, Partnerships, Collaborations, and Contracts

Month & Year


Company


Description

March 2018


Farsoon Technologies


Farsoon Technologies collaborated with Additive Manufacturing Technologies (AMT) to provide innovative post-processing solutions for additive technologies.

March 2018


Farsoon Technologies


Farsoon Technologies signed an agreement with Oerlikon to supply qualified Oerlikon AM metal powders for Farsoon additive manufacturing metal systems.
Mergers and Acquisitions

Month & Year


Company


Description

November 2017


Prodways Group


Prodways acquired AvenAo, an expert in the integration of 3D design applications.

September 2017


Prodways Group


Prodways acquired Interson-Protac (a major player in the field of audiology). The integration into Prodways Group will give Interson-Protac an opportunity to further migrate toward 3D printing and accelerate its expansion.
Expansions

Month & Year


Company


Description

December 2017


Concept Laser GmbH


GE Additive (parent company of Concept Laser) established Customer Experience Center in Munich, Germany. The center installed over 10 3D printing machines from Concept Laser and Arcam EBM to enhance customer knowledge about the additive manufacturing process—from design and prototyping to functional part production applications.

April 2017


Renishaw Plc.


Renishaw signed a partnership agreement with FalconTech Co., Ltd. (China) for extending the distribution of its solutions based on metal additive technology in China. With this partnership, FalconTech is expected to set up an additive manufacturing solutions center in Wuxi, Jiangsu province, using RenAM 500M AM systems of Renishaw.

SLS equipment is capable of creating both prototypes and final products without requiring any support structure to hold the object while it is being printed. The growth of the SLS equipment market is propelled by the ability of SLS equipment to produce parts possessing good mechanical properties with no build support. Also, recent government investments in 3D printing projects and the ability of SLS technology to reduce manufacturing costs and time to selective laser sintering equipment market are propelling market growth.

The market for metal-based SLS equipment is expected to grow at a higher CAGR during the forecast period. Due to extensive demand for sophisticated, accurate, and complex designs in aerospace and aeronautics, and healthcare industries (for medical devices and surgical instruments), metal-based SLS equipment is expected to witness increased adoption worldwide in the coming years.

North America held the largest share of the SLS equipment market in 2017 owing to technological advancements and growing adoption of technology in a vast range of industries in this region. The selective laser sintering equipment market in APAC is expected to grow at the highest CAGR during 2018–2023 driven by the increasing adoption of SLS equipment in several verticals, such as consumer goods, aerospace, automotive, healthcare, and art and fashion.

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