Japan, the leading country in technological advancement and research in Asia, is starting to observe a rapid development in its 3D printing industry as the demand for 3D printing technology is substantially increasing.
Companies and experts in the manufacturing and health care industries have particularly demonstrated strong interests in 3D printing technology, experimenting with various 3D printers, 3D printing techniques and alternative layered manufacturing mechanisms.
In July, the International Data Corporation (IDC) Japan announced that the total sales of the domestic 3D printing market in 2015 reached ¥34.4 billion or $310 million, which showed a 104.4% annual growth compared to the previous year.
The report from the IDC also explicitly analyzed different areas of the Japanese 3D printing industry and suggested their projected growth by 2020. The following areas include:
– Services market: projected to grow to ¥20.2 billion by 2020
– Material market presumed to be worth ¥29.97 billion by 2020
– Professional 3D printers market to be worth ¥23.2 billion by 2020
The healthcare and automotive industries have been heavily involved in both the material and professional 3D printer markets, with surgeons and healthcare experts focusing on experimenting with various 3D printing materials for implants and automotive manufacturers utilizing 3D printers to produce parts with cost and time efficiency. Read More…