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3D Printing in Education Sector Market size is set to grow by USD 1.10 billion from 2024-2028, Benefits offered by 3D printing in education sector to boost the market growth, Technavio

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NEW YORK, June 27, 2024 /PRNewswire/ — The global 3D printing in education sector market  size is estimated to grow by USD 1.10 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 13.64%  during the forecast period.  Benefits offered by 3D printing in education sector is driving market growth, with a trend towards continuous development of new products. However, growing threat from 3d printing rental services in education sector  poses a challenge. Key market players include 3D Systems Corp., Anker Innovations Technology Co., Ltd, BigRep GmbH, Desktop Metal Inc., EOS GmbH, Formlabs Inc., Gizmo 3D Printers Pty Ltd., HP Inc., Kinpo Group, Markforged Holding Corp., MATERIALISE NV, Photocentric Ltd., Raise 3D Technologies Inc., Robert Bosch GmbH, Sculpto ApS, Shenzhen Creality 3D Technology Co. Ltd, Sindoh Co. Ltd., SLM Solutions Group AG, Stratasys Ltd., SprintRay Inc., Ultimaker BV, and voxeljet AG.

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Higher education and PreK12), Type (3D printing services and materials and 3D printers), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

3D Systems Corp., Anker Innovations Technology Co., Ltd, BigRep GmbH, Desktop Metal Inc., EOS GmbH, Formlabs Inc., Gizmo 3D Printers Pty Ltd., HP Inc., Kinpo Group, Markforged Holding Corp., MATERIALISE NV, Photocentric Ltd., Raise 3D Technologies Inc., Robert Bosch GmbH, Sculpto ApS, Shenzhen Creality 3D Technology Co. Ltd, Sindoh Co. Ltd., SLM Solutions Group AG, Stratasys Ltd., SprintRay Inc., Ultimaker BV, and voxeljet AG

Key Market Trends Fueling Growth

The education sector is witnessing an uptick in the adoption of 3D printing technology. This trend is primarily driven by the numerous benefits of 3D printing, such as enhanced learning experience and improved teaching methods. Consequently, vendors in the market are expanding their product offerings to cater to the growing demand. In April 2024, SprintRay Inc. Introduced two new 3D printers, the Pro 2 and Midas + resins, which offer improved heating and better build platform recognition. Similarly, in November 2023, Stratasys Ltd launched the F3300 FDM 3D printer, which provides unmatched value to customers through reduced labor, increased uptime, and superior part quality. Anker Innovations Co. Ltd followed suit in August 2023 with the launch of its new AnkerMake M5C 3D Printer, featuring customizable single-click, double-click, and long-press actions. These new launches will boost sales and fuel the expansion of the global 3D printing market in the education sector. 

The 3D printing market in the education sector is experiencing significant growth, with proof of concept in various industries like healthcare, defense, automotive, and consumer electronics. Three-dimensional items created through additive processes using digital files are revolutionizing education. Resin 3D printers and filaments are popular choices for creating customized products. Selective laser sintering, electron beam melting, and laminated object manufacturing are advanced techniques used in industrial and aerospace sectors. The competitive environment drives product extensions, with nonprofit organizations (NPOs) joining the 3D printed community. Consistent quality is crucial in the final 3D product, minimizing process downtime in the post-pandemic scenario. Printer segments like Fused Deposition Modelling and Powder Bed Fusion cater to prototyping needs in the industrial segment. Digitization, smart factories, machine learning, and robotics are key trends shaping the future of 3D printing in education and beyond. Online 3D printing services offer convenience and accessibility to a wider audience. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

Several vendors in the 3D printing market cater to the education sector by providing rental services for institutions. This option enables educational institutions to access advanced 3D printers without the upfront investment. Rental providers offer additional benefits such as guidance on printer selection, warranty coverage, classroom materials, and technical support. Companies like Mileshied Ltd. (trading as Utility Rentals), iMakr, Verashape, and Airwolf 3D offer 3D printers on a rental basis. Airwolf 3D provides weekly and monthly rental options. Although this trend may impact the sales of new 3D printers, it presents an opportunity for vendors to expand their customer base and generate recurring revenue. Institutions can focus on their educational objectives while benefiting from the latest 3D printing technology without the burden of ownership costs.The 3D printing market in education sector is experiencing significant growth, particularly in customized products for students. However, challenges persist, including process downtime, inconsistent quality, and high initial investments. In the post-pandemic scenario, digitization and smart factories are driving demand for 3D printing in industrial segments. Printer segments like Fused Deposition Modeling (FDM), Powder Bed Fusion, and Prototyping continue to lead. Companies like Redington Limited, Materialize, Wipro, and Autodesk are key players. Hardware advancements in Polymer printers, such as Fused Filament Fabrication, Digital Light Processing, and Stereolithography, are crucial. Software advancements, automation, and simulation applications are also essential. Industrial hubs face operational expenditures and rely on reliable large-format systems. Climate change, Brexit, and changing technologies pose challenges. Key trends include machine learning, robotics, online 3D printing, and hardware and software services. Companies like HP, Microsoft, and leading 3D printing technologies such as Fused Deposition Modeling (FDM), Selective Laser Sintering, Polyjet, Multi Jet Fusion, Binder Jetting, and Electron Beam Melting continue to innovate.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This 3d printing in education sector market report extensively covers market segmentation by

End-user 1.1 Higher education1.2 PreK12Type 2.1 3D printing services and materials2.2 3D printersGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Higher education-  The higher education sector is integrating 3D printing technology to prepare students for industries that value critical thinking and collaboration skills. Engineering students use 3D printing for prototype design, while medical laboratories study body organs and art students create artwork. Universities offer graduate courses on legal issues in 3D printing. For instance, Pennsylvania State University and IIT-Madras provide such courses. Vendors like 3D Systems and Stratasys offer 3D printing solutions for education. Government initiatives, such as MeitY’s national strategy in India, encourage colleges to adopt 3D printing. Universities like Osmania University collaborate with industries to develop innovative products using 3D printing technology. For example, they procured 3D metal printing technology from SLM Solutions Group AG and Ultimaker FDM 3D printer from Ultimaker BV. These collaborations and investments in 3D printing technology will drive growth in the higher education sector during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The 3D printing market in the education sector is experiencing significant growth due to the customized products it offers. With the shift towards digitization and smart factories, 3D printing is becoming an essential tool for educational institutions. In the post-pandemic scenario, 3D printing is expected to play a crucial role in reducing process downtime and ensuring consistent quality in the production of final 3D products. The printer segment includes Fused Deposition Modelling (FDM), Powder Bed Fusion, Selective laser sintering, Electron Beam Melting, and Laminated Object Manufacturing. These technologies cater to various industries such as healthcare, defense, automotive, aerospace, consumer electronics, and industrial. 3D printer filament and 3D printing services are essential components of the 3D printing ecosystem. Machine learning and robotics are being integrated into 3D printing to enhance productivity and efficiency. Online 3D printing and simulation applications are also gaining popularity in the education sector. The healthcare sector is leveraging 3D printing for creating customized medical models, prosthetics, and surgical tools. The defense sector is using 3D printing for producing prototypes and spare parts. The automotive sector is utilizing 3D printing for creating customized car parts and designing concept cars. Overall, the 3D printing market in the education sector is poised for significant growth in the coming years, driven by the need for customized products, consistency in quality, and the integration of advanced technologies such as machine learning, robotics, and simulation applications.

Market Research Overview

The 3D printing market in the education sector is witnessing significant growth due to the customized products it offers. However, process downtime and high initial investments are challenges. In the post-pandemic scenario, digitization, smart factories, machine learning, robotics, and online 3D printing are driving the market. Printer segments include Fused Deposition Modeling (FDM), Powder Bed Fusion, and others. Prototyping is a major application in the industrial segment. Additive processes like Stereolithography, Digital Light Processing, and Selective Laser Sintering are popular. Hardware and software advancements in Polymer printers, Fused Filament Fabrication, and Large-format systems are crucial. Reliability and automation are key factors. The competitive environment includes players like Autodesk, Microsoft, HP, and others. Climate change, Brexit, and operational expenditures are external factors influencing the market. The education industry uses 3D printing for proof of concept, product extensions, and in nonprofit organizations and the 3D printed community. Industries like healthcare, defense, automotive, aerospace, and consumer electronics are also adopting 3D printing.

Learn and explore more about Technavio’s in-depth research reports

The online language learning market is experiencing rapid growth, driven by advancements in technology and increased globalization. With the rise of e-learning platforms, interactive apps, and AI-driven language tools, learners now have access to a variety of resources to enhance their language skills. The convenience of learning anytime, anywhere, combined with personalized learning experiences, has made online language education more appealing. As a result, the market is projected to continue expanding, catering to diverse demographics and addressing the growing demand for bilingual and multilingual proficiency in both personal and professional settings.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userHigher EducationPreK12Type3D Printing Services And Materials3D PrintersGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Nearly 50% of Young People Resolve to Quit Nicotine in 2025

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EX Program by Truth Initiative Offers a Proven Path to Success

WASHINGTON, Dec. 23, 2024 /PRNewswire/ — Almost half (48%) of young people aged 18-24 are making quitting nicotine a priority for their 2025 New Year’s resolutions, according to new data from Truth Initiative® – the nation’s largest nonprofit public health organization dedicated to preventing youth and young adult nicotine addiction and empowering quitting for all.

 

This survey data* highlights a growing desire to break free from nicotine addiction and the urgent need for effective resources for 18- to 24-year-olds, among whom e-cigarette use is prevalent and dual use of cigarettes is a growing concern. For many, the journey to quit can feel daunting, especially for the scores of young people who think quitting means going “cold turkey” without a network of support. To meet this need, Truth Initiative is offering resources to help their resolutions stick and has launched Outsmart Nicotine, a new campaign designed to introduce young people to EX® Program, a comprehensive quitting resource developed in partnership with Mayo Clinic in 2008.

Empowering Young People with Tools and Encouragement Through EX Program

EX Program is a free cessation resource tailored to meet the unique challenges faced by young people. It offers proven, evidence-based tools designed to support quitting through personalized quit plans, interactive text messages, and 24/7 access to the nation’s most established online quit community. A randomized clinical trial among young adults published in JAMA Internal Medicine found that EX Program text message support can increase the odds of quitting by up to 40%, making EX Program one of the most effective resources for tackling nicotine addiction. These tools have helped millions quit nicotine over nearly two decades, solidifying EX Program as one of the most effective cessation resources available.

Redefining Quitter’s Day: Introducing “You Got This Day” as Part of the Outsmart Nicotine Campaign

Through the Outsmart Nicotine campaign, Truth Initiative is driving awareness of these tools with a series of ads that celebrate the small, everyday victories that lead to quitting nicotine for good. The campaign’s launch ad, “You Got This,” creates an uplifting tone with the iconic track “Can I Kick It?” by A Tribe Called Quest to inspire young people to take that first step toward a nicotine-free life.

“Quitting nicotine is hard, but it doesn’t have to be a lonely or impossible journey,” said Kathy Crosby, CEO and President of Truth Initiative. “With Outsmart Nicotine and the proven-effective EX Program, we’re showing young people that freedom from addiction is possible and within reach– and giving them the tools to quit smarter, not harder.”

Traditionally known as Quitter’s Day, the second Friday in January – January 10th in 2025 – marks the time of year when many people abandon their new year’s resolutions. Giving it a fresh perspective, Truth Initiative is renaming it “You Got This Day” to motivate young people to push through challenges and keep working toward their quit goals. The campaign reframes this day as a moment of empowerment, reminding young adults that quitting is difficult, but with the right support, it’s possible.

Take the First Step Toward Quitting

Truth Initiative invites young people to take the first step toward quitting by texting EXPROGRAM to 88709 or visiting exprogram.com. Organizations interested in EX Program’s enterprise solution can learn more at exprogram.com/enterprise.

*According to Truth Initiative Continuous Tracking Online (CTO) survey data collected October 17, 2024December 17, 2024, from 662 respondents.

About Truth Initiative
Truth Initiative® is a national nonprofit public health organization committed to a future free from lifelong addiction, fostering healthier lives and a more resilient nation. Our mission is to prevent youth and young adult nicotine addiction and empower quitting for all. Through our evidence-based, market-leading cessation EX® Program and national public education and prevention campaigns, we are leading the fight against youth and young adult tobacco use, which threatens to put a new generation at risk of lifetime nicotine addiction. Our rigorous scientific research and policy studies, community and youth engagement programs supporting populations at high risk of using tobacco, and innovation in tobacco dependence treatment continue to contribute to ending one of the most critical public health battles of our time. Based in Washington, D.C., our organization was established and funded through the 1998 Master Settlement Agreement between attorneys general from 46 states, five U.S. territories, and the tobacco industry. To learn more, visit truthinitiative.org.

About EX Program
EX® Program is a proven-effective tobacco cessation program, developed by Truth Initiative® with Mayo Clinic, that brings together the best evidence-based quitting approaches, interactive digital quitting programs, and the most established online quit community. EX Program has helped millions of youth and adults develop the skills and confidence to successfully quit. Truth Initiative research has shown that EX Program text messages can increase a user’s odds of quitting by up to 40%. To learn more, visit exprogram.com.

About EX Program Enterprise
Developed by Truth Initiative® with Mayo Clinic, EX® Program Enterprise is the best strategic partner for employers, health plans, and public health organizations to end smoking, vaping, and nicotine use. Sponsored users receive multimodal quitting support, available in both English and Spanish. Clients get real-time dashboards to track performance, year-round promotions, and expert client success guidance. To learn more about available options visit exprogram.com/enterprise.

 

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SOURCE Truth Initiative

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Foxconn Announces Strategic Partnership With Zettabyte to Transform AI Data Centers

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TAIPEI, Dec. 23, 2024 /PRNewswire/ — Zettabyte, a global leader in AI data center software and infrastructure solutions, is proud to announce a strategic partnership with Hon Hai Technology Group (Foxconn), the world’s largest electronics manufacturer. This collaboration, underpinned by capital funding, aims to drive innovation and expand the adoption of energy-efficient AI solutions worldwide.

At the forefront of Zettabyte’s offerings is Zware, its advanced AI data center management software. Zware optimizes GPU performance, dramatically lowering energy usage while maximizing computing output. This cutting-edge solution empowers businesses to achieve unparalleled efficiency and sustainability in AI computing.

“We are thrilled to partner with Foxconn, a company renowned for its excellence in manufacturing and innovation,” said Kenneth Tai, Chairman of Zettabyte. “This partnership will accelerate the deployment of our technology, meeting the surging demand for high-performance, energy-efficient AI computing globally.”

Partnering with Zettabyte aligns with Foxconn’s commitment to advancing sustainable technologies. According to Foxconn, Zware’s ability to enhance AI data center operations while significantly reducing energy consumption opens opportunities to set new benchmarks for the future of AI data centers.

This collaboration underscores Zettabyte’s leadership in revolutionizing AI infrastructure and its dedication to providing transformative technologies to enterprises worldwide.

About Zettabyte

ZETTABYTE is a global innovator in AI data center technology, delivering solutions that redefine efficiency and sustainability in AI data centers. Its flagship software, Zware, is setting a new standard for sustainable and efficient AI computing.

About Foxconn

Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (TWSE: 2317) is the world’s largest electronics manufacturer and leading technological solutions provider, ranking 32nd among the Fortune Global 500. In 2023, revenue totaled TWD6.162 trillion (approx. US$198 billion or EUR183 billion)

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Karma Automotive Collaborates with the Connected Vehicle Systems Alliance (COVESA), UC Riverside and ROADMEDIC.AI to Develop and Pilot Software and Standards for Next-Generation 9-1-1 Emergency Response Vehicle Communications

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At CES2025, a new vision is shared for standardizing the method that enables Software Defined Vehicles to more rapidly and robustly dispatch 9-1-1 Emergency Response Services to vehicle collisions 

IRVINE, Calif., Dec. 23, 2024 /PRNewswire/ — Karma Automotive, America’s only full-line ultra-luxury vehicle manufacturer, is passionate about enabling the proliferation of open standards in Software Defined Vehicle Architecture (SDVA) to increase industry collaboration, and to speed development as the expanded role of software redefines the driving experience aboard modern vehicles. With vehicle occupant safety as a preeminent focus in all vehicle development, Karma Automotive is collaborating with the Connected Vehicle Systems Alliance (COVESA), the University of California Riverside and ROADMEDIC.AI to develop standards-based software applications which leverage vehicle connectivity to provide robust and real-time insights to 9-1-1 first responders and the related eco-system.   

Developing technology that gets emergency responders to the scene faster to save lives

According to a paper published by the National Institute of Health (NIH), for every 1-minute increase in EMS response time, fatality odds increase by 2.6%. The goal of the effort is to drastically reduce emergency response times, and materially increase preparedness of responders when arriving at the site of a critical incident. Then, to validate software applications and communication protocols that have been validated in real-world applications that can be shared and easily deployed by the broader automotive industry.

To announce this project, Karma Automotive will join the COVESA Networking Reception and Demonstration at CES2025 on January 7 at 5pm at the Bellagio Hotel in Las Vegas, NV and showcase the ultra-exclusive, high-performance 2025 Karma Invictus. Karma Invictus is underpinned by the Karma Cloud Services platform that serves as the backbone for the development of the proposed safety system.

Enabling the detailed transmission of vital vehicle and occupant data in real-time could help responders increase preparedness to triage an incident, as contemporary automobiles carry tremendous amounts of data. Leveraging connectivity systems, a vehicle can directly identify number and location of occupants, severity of impact, location of the incident, vehicle extrication instructions and even driver biometrics. Software can be used to organize, parse, and transmit this data in real-time to parties based on their specific role in the 9-1-1 response eco-system.  When combined with vehicle-embedded and cloud-based AI, this data can be sorted and delivered independently, yet simultaneously to the diverse network of service providers that engage in incident response activities. Collectively, this effort is referred to as the ‘9-1-1 Dispatcher Visibility Demonstration Project’.

“Much of what we deliver to our customers in software should not be looked at as differentiating, but rather essential,” says Marques McCammon, President, Karma Automotive. “Safety for example is important to all industry players, and if we could standardize our approach to innovation in the space, we can not only improve the well-being of drivers universally, but also reduce development cost, and time getting new tech technologies to market. This philosophy is central to the Karma Automotive brand promise and our positioning as America’s only ultra-luxury automotive brand.”  

“Together with our partners, we look to democratize development and share the learnings to the benefit of the broader industry and the community at large,” continues McCammon, “and with upcoming Karma vehicles, this technology will be seamlessly integrated within our Karma Connect Vehicle Data Management and connectivity services platform.”

“This collaboration is the realization of a 25-year journey,” said Lawrence E. Williams, CEO and Founder of ROADMEDIC.AI. “Many times, it seemed like a pipe dream, but today, thanks to Karma Automotive’s shared vision, we are turning that dream into reality. Together, we are poised to revolutionize 9-1-1 emergency response systems and save countless lives.”

Next Generation 9-1-1 Technology: A Game Changer
Karma Automotive is the first OEM automotive partner to COVESA’s ‘9-1-1 Dispatcher Visibility Demonstration Project’. Working in collaboration with the University of California Riverside, the automaker will utilize 3rd Generation Karma Revero sport sedans to pilot the technology application and its related use cases. The results of this effort will then be shared with the greater COVESA community, National Highway Traffic Safety Administration (NHSTA), and other community members and stakeholders.

Existing 9-1-1 emergency response systems rely heavily on caller-based information, often supplemented by telematics systems transmitting data to manufacturer call centers. These systems, while useful, introduce delays and inconsistencies that can hinder timely emergency responses. By contrast, the Next Generation 9-1-1 Technology spearheaded by Karma Automotive and its partners will enable vehicles to instantly transmit vital, multi-layered crash data directly to 9-1-1 Emergency Communication Centers, bypassing intermediaries and saving precious seconds in emergency scenarios.

About Karma Automotive

Karma Automotive is America’s only full-line ultra-luxury vehicle manufacturer, and a pioneer of EREV (Extended Range Electric) vehicles which it manufactures at its Karma Innovation and Customization Center (KICC) in Moreno Valley, CA. Its Executive, Product Development, and Design headquarters are located in nearby Irvine, CA. The Karma portfolio embodies California’s spirit of innovation and entrepreneurial boldness, reflected by the signature Comet Line which is the central hallmark of Karma’s new design language. Sales of the 3rd Generation Karma Revero sport sedan, the world’s first luxury EREV plug-in hybrid, are now underway in the USA and EU, offering luxury balanced with conscientiousness delivered without compromise. Sales of Revero’s ultra-exclusive, performance-tuned stablemate, Karma Invictus, will begin in Q1 2025, followed by the Gyesera four-seater in Q4 2025.  The Karma Kaveya super-coupe, with up to 1,000HP and butterfly-doors, will arrive in Q4 2026, incorporating SDVA (Software-Defined Vehicle Architecture) developed in collaboration with Intel Automotive. Further, Karma Automotive will provide Tier 1’s and Original Equipment Manufacturers (OEMs) with business-to-business SDVA solutions, as it does today with Karma Connect, its proprietary Vehicle Data Management and Over-the-Air services platform, which presently provides services to the world’s second largest OEM. Karma Automotive’s dealer network spans North America, Europe, South America and the Middle East. (www.karmaautomotive.com) 

About ROADMEDIC.AI

ROADMEDIC.AI is an authorized automotive OEM Tier 1 supplier dedicated to improving 9-1-1 emergency response through instantaneous IP-based data transmission from motor vehicles to 9-1-1 centers. Their innovative solutions save lives and reduce harm in crash events. For more information, visit www.roadmedic.com.

About COVESA

The Connected Vehicle Systems Alliance (COVESA) is an open, member-driven global technology alliance accelerating the full potential of connected vehicles. By developing common approaches and technologies, COVESA provides a collaborative platform that empowers automotive software stakeholders and world-class developers to address challenges and opportunities in connected mobility and navigate the digital transformation of the automotive industry. Learn more about COVESA or join our community at www.covesa.global.

Media Contact:                                                                                                                                                           

Joe Richardson, (917) 716-6617                                                                              
Joe@BeautifulNoisePR.com 

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