Ipsos Business Consulting Build · Compete · Grow 3D PRINTING IN KOREA Overview of the Component and Service Afermarket 淘宝店铺 “Vivian研报” 收集整理 获取最新报告及后续更新服务请淘宝搜索“Vivian研报” June 2017 The informaton contained herein is of a general nature and is not intended to address the circumstances of any partcular individual or entty. Although we endeavour to provide accurate and tmely informaton, there can be no guarantee that such informaton is accurate as of the date it is received or that it will contnue to be accurate in the future. No one should act upon such informaton without appropriate professional advice afer a thorough examinaton of the partcular situaton. reproduced without the prior writen consent of Ipsos. A NEW INDUSTRY FINDS ITS WAY: PLOTTING A COURSE FOR 3D PRINTING IN KOREA MARKET POTENTIAL OF THE 3D PRINTING INDUSTRY The groundbreaking technology of 3D printng is stll in its infancy, and massive rewards seem assured for the rst companies to develop the powerful and versatle tools necessary to disrupt the current manufacturing paradigm. With 3D printng’s holy grail of speed, accuracy, high volume and aordable up-front costs coming closer with each passing year, questons surrounding the technology become less a mater of if than when – and for the players involved, the focus inevitably turns to the ever more critcal queston of who. With Korea actng as a fast follower rather than an innovator in this industry, Korean companies are now setng their sights on catching up to the eld in this quickly-developing sector. In this paper, we review the Korean 3D printng industry in its present state, including its most promising opportunites as well as the barriers to success it currently faces. We then put a special focus on the major Korean players, the parts of industry where the technology is most likely to take hold in the coming years, and how both government and business are stepping up to the challenge. With eventual success expected across all sectors of commerce and society, the most realistc avenues of success for the early years of 3D printng are likely to come in the form of B2B undertakings, namely health care, public services (natonal defense, railway, reghtng, etc.) and the manufacturing industry. The Korean 3D printng market is expected to undergo a 22.9% CAGR from 2016 to 2019, which is lower than that of the global market at 31%. This dierence is mainly due to the relatvely late adopton of the technology compared to other advanced countries, which means a longer inital stage is required within the Korean market. Following current projectons, 3D printng is on course to reach a total industry value of US$376 million by 2018. This contnuing rise highly correlates with the understanding shared by both government and the general public that the fourth industry revoluton, including 3D printng, is the key to future growth. Ipsos Business Consulting3D Printng in Korea | 3 BARRIERS TO GROWTH 1.) A rapid increase of interest within the educaton sector The general public’s interest is generated from the media and early adopters: 3D printng is frequently reported in the media, and 3D printng departments have appeared in several universites. Also, interest from primary, middle, and high schools has increased 3D printer sales in the educaton sector. 2.) The government’s strong support for the industry The government’s commitment to the 3D printng industry began in 2014, and is becoming more concrete in its eect on industrial performance: Although the Korean government started somewhat behind the worldwide curve in embracing this burgeoning eld, it now sees the potental in 3D printng’s antcipated rewards of concrete technology R&D, industry infrastructure reinforcement, and relatonal basefoundaton. Details are on page 9. Low quality of 3D printng equipment and infrastructure SMEs (Small and medium-sized enterprises) are the majority: 68% of the companies in the Korean 3D printng industry are start-up rms that were established within the past 7 years. Also, about 90% are SMEs with less than 1B KRW (=approx. 0.9M USD) in annual sales and fewer than 10 employees.2 Inadequate talent pool in the workforce Shortage of 3D printng professionals: Due to its short history, the industry is perceived to lack 3D printng experts. In a 2017 survey, 96 out of 194 3D printng related SMEs answered that they have diculty sourcing their 3D printng workforce, and the most heavily cited reasons for explaining the inadequacy of In a fast-moving eld, Korea’s 3D printng industry stll remains at an early stage and requires strong support from the government. The Korean government decided to begin earnest support of the 3D printng industry in 2014, which lagged slightly compared to other countries. Shortalls from the supplier side may be just as consequental, as Korea’s 3D printng industry currently remains highly dependent on imports for relevant equipment and materials. Overseas manufacturers presently account for more than 80% of total 3D printer sales in Korea. Sources: Korean Ministry of Science, ICT and Future Planning (MSIP). Note: Korea’s May 2017 natonal electon and subsequent fallout (the electon has not yet taken place at the tme of this writng) may prove to be a signicant moment in the government’s relatonship to this industry, as new leadership could result in government incentves taking a dierent directon in the years to come. Positve government involvement is crucial when guiding a young industry toward success, and observers will be keeping a close eye on the new administraton for any changes in its level of support. Ipsos Business Consulting3D Printng in Korea | 4 3D printng suppliers face several additonal barriers to development, such as:main reasons for this growth 。。。以上简介无排版格式，详细内容请下载查看