The 3D Printing In Education Sector Market is being driven by Benefits offered by 3D printing in education sector
The 3D Printing In Education Sector Market is expected to grow at a CAGR of 14.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1367.7 million. The education sector is experiencing a significant surge in the implementation of 3D printing technology, driven by its numerous advantages. This trend has prompted market players to broaden their product offerings, thereby fueling growth in the global 3D printing market for education. Notably, in April 2024, SprintRay Inc. expanded its product line with the introduction of the Pro 2 and Midas + resins 3D printers, catering specifically to the educational sector. Such innovations not only bolster sales but also strengthen the market position of these companies.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
242 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 14.8% |
Market growth 2025-2029 |
USD 1367.7 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
12.6 |
Key countries |
US, UK, Canada, China, Germany, Japan, France, India, Italy, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The 3D printing market in education is witnessing significant growth due to open source printing, increased accessibility, and the availability of affordable 3D printers. Educational grants are facilitating the integration of additive manufacturing into STEM education, providing hands-on learning experiences through rapid prototyping and digital fabrication. Classrooms are being transformed into innovation hubs with educational tools like design software, 3D printing services, and fabrication labs. Students are engaged in project-based learning, creating prototype models with polymer materials using desktop printers. Engineering education benefits from 3D modeling and school workshops, while art education and math visualization are enhanced through creative learning. Vocational training programs utilize 3D scanning and affordable printers to develop technical skills. Collaborative projects, curriculum integration, and safety measures ensure a conducive learning environment for students, fostering design thinking and innovation.
The 3D printing sector within education is an emerging segment of the global consumer durables market, encompassing entities involved in the production and distribution of 3D printing curriculum, 3D printer designs, 3D printing software, and the establishment of 3D printing labs and workshops. This market segment is a subset of the broader consumer durables industry, which includes manufacturers and marketers of consumer electronics, furnishings and decorative products, household appliances, and homeware. Factors driving growth in the 3D printing sector include the introduction of innovative 3D printing technologies and software, the establishment of educational institutions offering 3D printing courses, and the increasing popularity of 3D printing workshops and labs. Technavio projects that new product launches, featuring advanced functionalities, will significantly contribute to the market's expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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