3D Printing Market is Experiencing Phenomenal Growth
Get the PDF copy of 3D Printing Market study: https://goo.gl/768g5G Get the PDF copy of 3D Printing Market study: https://goo.gl/768g5G
3D Printing Market
Current and future Market Scenario • The 3D Printing Market is estimated to garner $8.6 billion by 2020, registering a CAGR of 21% during 2015 - 2020. • The factors driving the 3D printing market are reduction of errors, high degree of accuracy, efficient use of raw materials, ability to build customized products, simultaneous use of multiple materials for printing, efficient use of production time and financials, and competency over traditional techniques among others. • The defense sector is estimated to register the highest CAGR of 25.6% during the forecast period, as countries around the global are making high investments in technological advancements in defense sector.
3D Printing Market
Market Segments
Component
Application
• Technology • Material • Services
• • • • • • • •
Consumer products Aerospace Industrial Automotive Healthcare Defense Education & research Others
3D Printing Market
Dominating Segments •
Electron Beam Melting technology would register the fastest CAGR during the forecast period, as it is an ideal process for building parts with high resistance and strength, which are highly desired in aerospace, automobile, medical and industrial sector.
• The materials segment would exhibit significant growth due to the increasing demands of 3D printing across various commercial and non-commercial sectors • Consumer products would continue to account for the leading market application during the forecast period (2015 2020)
3D Printing Market
Region Overview • Geographically, 3D Printing Market is segmented across North America, Europe, Asia-Pacific, and LAMEA. • Europe would occupy approximately 2/5th share of the global3D printing market by 2020 • North America is the largest market of 3D printing, accounting for nearly 43% of the overall global market revenue. • The Asia-Pacific region would register the highest CAGR during the forecast period.
3D Printing Market
Leading Players • The leading players in the 3D Printing Market have adopted key strategies such as collaborations, agreement and acquisition to expand their market presence. • The prominent players in the world 3D printing market are, Stratasys Ltd, Arcam AB, Autodesk, ExOne, Hoganas AB, Optomec, Organovo Holdings, Ponoko and Voxeljet Ag. The leading players are focusing on the development of novel technologies complimented by product launch. For example, 3D Systems launched Cube 3 and CubePro 3D printers. These printers provide great speed with concurrent multi material and multi-color printing.
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A report titled “3D Printing Market - Global Opportunity Analysis and Industry Forecast, 2014 - 2020” has been published by Allied Market Research. It makes an in-depth analysis of current trends, drivers, and restraining factors that affect financial ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from stakeholder’s perspective.
To know more about 3D Printing Market - Global Opportunity Analysis and Industry Forecast, 2014 - 2020 report: https://www.alliedmarketresearch.com/3d-printing-market Get the PDF copy of 3D Printing Market study: https://goo.gl/768g5G
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