To stay ahead of the competition, a thorough idea about the competitive landscape, their product range, their strategies, and future prospects are very valuable. This 3D printing market research report involves a key data and information about the market, emerging trends, product usage, motivating factors for customers and competitors, restraints, brand positioning, and customer behavior, which is of utmost importance when it comes to achieving a success in the competitive marketplace.
According to Research for Markets, the Global 3D Printing Market is estimated at $3.47 billion in 2015 and is expected to reach $12.53 billion by 2022 growing at a CAGR of 20.1% from 2015 to 2022.
North America is expected to represent more than 35% of the market share, while Asia Pacific is the fastest growing market led by the rapid adoption of 3D printing in the developing industrial sectors. Demand for 3D printing is anticipated to increase in countries such as Japan, China, and South Korea owing to the rising adoption and implementation of 3D printing in diverse industrial applications.
Key Players In Global 3D Printing Market Include:
- 3D Systems Corporation
- SLM Solutions Group AG
- Luxexcel – 3D printed lenses
- Mcor Technologies
- voxeljet AG
- ARC Group Worldwide, Inc.
- Oxford Performance Materials, Inc.
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The factors driving the market include high degree of precision, ability to build customized products, and competency over traditional technique. However, higher production cost, expensive 3D printing software, shortage of skilled labor and inability to manufacture massive outputs are inhibiting the market growth. Moreover, application of 3D printing in different industries and manufacturing process are creating opportunities for the market. The economies of scale gained due to advancement in technology and enhanced manufacturing process will boost the market in future.
Stereolithography has the largest revenue and accounted for more than 30% of the total market. While, Electron beam melting is anticipated to be the fastest growing technology segment with a CAGR of around 30% during the forecast period. Polymer occupies major share of the global market and Metals segment is estimated to be the fastest growing segment and is expected to grow at a CAGR of more than 38% during the forecast period. Consumer products segment remains the largest application segment with more than 20% of the market share, whereas healthcare application segment is estimated to grow at the highest CAGR over the forecast period.
- Stereolithography (SL)
- Electron Beam Melting
- Jetting Technology
Binder-Jetting Technology and Poly Jet
- Laser Sintering:
Direct Metal Laser Sintering (DMLS) and Selective Laser Sintering (SLS)
- Deposition Modelling:
Wax Deposition Modelling and Fused Deposition Modelling (FDM)
- Laminated Object Manufacturing
- Three Dimensional Printing
- Other Technologies:
Digital Light Processing and Multiphase Jet Solidification (MJS)
Photopolymer and Thermoplastic
Alumide, Gold, Graphene, Silver, Steel, Titanium and Other Metals
Glass, Quartz, Silica and Other Ceramics
Clay, Edible Materials, Laywood, Paper, Porcelain, Wax and Bio-Compatible Material
End Users Covered:
Aerospace & Defense, Automotive, Consumer Products, Education and Research, Government and Defense, Healthcare, Industrial Products, Food & Culinary, Jewelry, Architecture & Construction, Printed Electronics and Energy
Other End User
Arts and Forensics
Powder, Liquid and Filament
Industrial Printer and Desktop 3D Printers
Functional Parts, Prototyping and Tooling
Inspection Software, Scanning Software, Design Software and Printer Software
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Executive Summary: 3D Printing Market
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global 3D Printing Market, By Technology
6 Global 3D Printing Market, By Material
7 Global 3D Printing Market, By End User
8 Global 3D Printing Market, By Form
9 Global 3D Printing Market, By Printer
10 Global 3D Printing Market, By Application
11 Global 3D Printing Market, By Software
12 Global 3D Printing Market, By Geography
13 Key Developments
14 Company Profiling
List of Tables
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Reasons To Buy This Report:
- To get a comprehensive overview of the 3D Printing market.
- To gain information about the top players in this industry, their product portfolios, and their key strategies.
- To gain insights about the major regional insights in which the 3D Printing is flourishing.
- Recent industry trends and developments
- Potential and niche segments/regions exhibiting promising growth
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