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Additive Manufacturing & Material Market - Analysis & Forecast to 2014 - 2020
http:// www.marketsandmarkets.com/Market-Reports/additive-manufacturing-material-market-16726
According to the new market research report "Additive Manufacturing Material Market by Technology, by Material (Plastics, Metals, and Ceramics), by Application, and by Geography - Analysis & Forecast to 2014 - 2020" the global additive manufacturing market excluding materials is estimated to grow at a CAGR of 20.9% from 2014 to 2020, which includes an in-depth analysis of the market bytechnology, application, and geography. The global additive manufacturing material market is estimated to grow at a CAGR of 19.3% from 2014 to 2020. Browse 133 market data tables and 97 figures spread through 270 pages and in-depth TOC on “Additive Manufacturing Material Market - Analysis & Forecast to 2014 - 2020� Report Inquiry @ http:// www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=167268760 Major players in the global additive manufacturingmarketinclude 3D Systems, Inc. (U.S.), Stratasys Ltd. (U.S.), ExOne (U.S.), Arcam AB (Sweden), EnvisionTEC (Germany), EOS (Germany), Materialise NV (Belgium), and MCor Technologies Ltd (Ireland).
Additive manufacturing can be defined as the process of making objects from 3D model data by using additive materials; it represents all additive processes, technologies, systems, and applications. It can be used to manufacture products of any geometrical shape with a wide choice ofthe material to be used. Hence, it is now viewed as the solution for production with less resources and fast output. Additive manufacturing has several advantages such a slower resource requirement, faster production cycle, flexible design, and substantial savings on tooling over traditional manufacturing technologies such as injection molding, Computer Numerical Control (CNC) machining, and vacuum casting. This is very conducive in the manufacturing of low volume customized products of high value.
This report describes market trends, drivers, and challenges with respect to the global additive manufacturing market, and forecasts the market size from 2014 to 2020, on the basis of technologies, materials, applications, and geography. This global report gives a detailed view of the market across regions, namely–the Americas, Europe, Asia-Pacific, and RoW. The Americas dominates the market in terms of revenue generation; however, Europe has been growing at the highest CAGR in additive manufacturing market, while APAC is growing at the highest CAGR in the additive manufacturing materials market.Initiatives taken by governments of countries in theAmericas to develop thistechnology are a major reason for itsgrowth in the region. The competitive landscape of the market presents a very interesting picture. The market is witnessing new product launches and large scale collaborations, and agreements and partnerships across the value chain, with only a handful of tier-one players around the globe. Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=167268760
The term additive manufacturing is defined as the process of making objects from 3D model data by using additive materials; it represents all additive processes, technologies, systems, and applications. The term additive manufacturing is also referred to as 3D printing. The global additive manufacturing market comprises 3D printers, printing materials, and service providers. The overall applications market comprises both rapid prototyping and rapid manufacturing. The major market for additive manufacturing is in the Americas; however, Europe and AsiaPacific are expected to grow at a high CAGR. The application market for additive manufacturing can be divided into the aerospace industry, the automotive industry, consumer products, healthcare, government and defense, industrial/business machines, education & research, and others (arts, architecture, and forensics). The additive manufacturing application in healthcare is expected to grow at the highest CAGR in the forecast period. In the additive manufacturing market by technology, stereolitho graphya ccounts for the largest percentage share, followed by the Poly-Jet technology. Consumer products represent the major application market followed by the automotive industry. The Americas accounts for the highest share among all geographic regions; whereas plastics account for the highest share in the materials market.
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