The market for equipment, which includes SLS and DMLS, is anticipated to grow at a CAGR of 27.5% over the forecast period, while the market for material is projected to grow at a CAGR of 22.8% from 2018 to 2023. The Selective Laser Sintering (SLS) Equipment Market is estimated at USD 339.5 million in 2018 and is projected to reach USD 947.4 million by 2023. The SLS Equipment Market was dominated by 3D Systems Corporation (US) and EOS GmbH (Germany) in 2017.

The main tactics used by players to enhance their share in the SLS Equipment Market in 2017 were product releases and developments. To broaden their global reach and improve their product portfolio, the enterprises have followed the approach of product launch and development. As an illustration, 3D Systems introduced the DMP Flex 100 and DMP Dentistry 100 3D printers in June 2018 for low-cost metal 3D printing and dental applications. Additionally, EOS unveiled the FORMIGA P 110 for industrial 3D Printing with polymers, which delivers up to 20% more productivity while simultaneously producing parts with higher homogeneity. Farsoon Technologies and BASF introduced Ultrasint PA6 X043 Black, a novel polyamide (PA)-based 3D printing material solution, in China in February 2018. The substance can create parts with lighter weight, better forms, and resistance to harsh environments.

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One of the top companies in the SLS Equipment Market is 3D Systems Corporation. To strengthen its position in the SLS Equipment Market, it plans to use the ongoing product development strategy. In order to target professional and industrial applications, the firm is adopting a strategy that is centred on providing a holistic ecosystem that offers solutions geared at the healthcare, dental, aerospace, automotive, and durable goods verticals. Product launches, alliances, and collaborations are a few of the primary tactics the corporation uses to grow its clientele and improve its product offerings. Its product portfolio of dental materials was expanded globally in January 2017 by the acquisition of Vertex-Global Holding B.V. (Netherlands).

Another significant participant in the SLS Equipment Market is EOS, which has positioned itself as a total solutions provider rather than merely a machine supplier. It is one of the pioneers of additive manufacturing using laser sintering technology, making it a formidable rival in the market for SLS equipment to other top players like 3D Systems. The business also provides a wide range of 3D printing materials (including plastics and metals), further solidifying its position as a leading supplier of these materials. It has a wide range of opportunities to penetrate the untapped markets around the world thanks to its strong geographic presence through the widely dispersed distribution channels. Additionally, to improve the capabilities of its metal 3D printers, EOS GmbH and Incodema3D (US) engaged into a strategic partnership in May 2017.

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