3D Printing Market 2018 Global Share, Trends, Segmentation and Forecast by 2024
Description
3D
Printing Market: Increasing
funding and investment by a number of the manufacturer in 3D Printing
technology is a key driver for Global 3D Printings Market.
3D
Printing Market is valued at 10.27 USD Billion in 2017and expected to reach USD
39.03Billion by 2024 with the CAGR of 21.01% over the forecast period.
3D printing is also
called as additive manufacturing. It is the process of making a
three-dimensional solid object in a digital format. This process is achieved
using additive processes. High printing speed and faster production, easy
accessibility, good quality etc., are the benefits of 3D printing. The printing
process varies by technology such as Stereo lithography, Fused Deposition
modelling, Selective Laser Sintering, Selective Laser melting, Electron Beam
melting, Laminated Object manufacturing, Digital Light processing and Others.
So, during the study of Global 3D Printingmarket, we have considered 3D
Printingproduct type and end user to analyze the market.
Global 3D Printing
Market report is segmented on the basis of printer type, technology, material,
application and by regional & country level. Based upon printer type,
global 3D Printing Market is classified as Desktop 3D printer, Industrial 3D
printer, and Others. Based upon technology, global 3D Printing Market is classified
as stereo lithography, fused deposition modeling, selective laser sintering,
selective laser melting, electron beam melting, laminated object manufacturing,
digital light processing, and others. Polymers, Metals & Alloys, Ceramics
and others are the material type segment of the 3D printing market. Based upon
application, global 3D Printing Market is classified as Consumer Products,
Automobiles, Aerospace, Healthcare, Defense, Architecture and Others.
The regions covered in
this 3D Printing Market report are North America, Europe, Asia-Pacific and Rest
of the World. On the basis of country level, market of 3D Printingis sub
divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan,
India, South East Asia, GCC, Africa, etc.
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Key
Players for Global 3D Printing Market Reports–
Global 3D
Printingmarket report covers prominent players like Stratasys Ltd, 3D Systems
Corporation, The Exone Company, Arcam Group, Materialise NV, Mcor Technologies
Ltd, EOS GmbH, Organovo Holdings Inc, 3D Ceram, Carbon 3D, MX3D, SciakyInc,
Voxeljet AG and Others.
Initiatives
taken by Government of various countries through funding and investing in
Research & Development
Increasing packaging
industry and customization in product packaging is expected to drive the 3D
printing market. Increasing affordability of the technology and the
extensivedemand for individualization is set to transform the future of
manufacturing. Less reduction of waste material for complex products is another
factor driving the demand of 3D Printing. Initiatives taken by government in
Research & Development is expected to promote the growth of 3D Printing
market. The Australian government, in partnership with 3D printing bureau and
reseller, Objective 3D, has announced USD 2 million (AUD) in funding for a new
additive manufacturing (AM) virtual hub. Iterate Design, a UK based company has
taken ideas from concept to reality and has been awarded an Innovate UK grant
worth £1 million to further develop its advanced 3D printing technology. There
are various other factors driving the growth of the 3D Printing one of the
majors driving the growth of the market are technological advancements
promising gains in speed and flexibility due to its benefits.
North
America is Expected to Dominated the 3D Printings Market
North America
dominates the market with highest market share due to the
well-establishedtechnology development and infrastructurecoupled with high
adoption of smart devices in the region are expected to support the growth of
North America Market. Europe is expected to be the second largest growing
region over the forecast period due to the early adoption of advanced
technologies. Asia Pacific is the third largest and fastest growing region over
the forecast period owing to the increased demand frompackaging industry and
adoption of advance technology. Furthermore, increased awareness among people
about its benefits and increase in government funding coupled with increasing
disposable income are expected to fuel the growth of 3D Printing market over
the forecast period.
Key
Benefitsfor Global 3D Printing Market Reports –
·
Global market report
covers in depth historical and forecast analysis.
·
Global market research
report provides detail information about Market Introduction, Market Summary,
Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market
opportunities, Competitive Analysis, Regional and Country Level.
·
Global market report
helps to identify opportunities in market place.
·
Global market report
covers extensive analysis of emerging trends and competitive landscape.
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3D Printing Market Segmentation
By
Printer Type Analysis
·
Desktop 3D printer
·
Industrial 3D printer
·
Others
By
Technology Analysis
·
Stereo lithography
·
Fused Deposition
modelling
·
Selective Laser
Sintering
·
Selective Laser
melting
·
Electron Beam melting
·
Laminated Object
manufacturing
·
Digital Light
processing
·
Others
By
Material Analysis
·
Polymers
·
Metals & Alloys
·
Ceramics
·
Others
By
Application Analysis
·
Consumer Products
·
Automobiles
·
Aerospace
·
Healthcare
·
Defense
·
Architecture
·
Others
By
Regional& Country Analysis
·
North America
·
U.S.
·
Canada
·
Europe
·
UK
·
France
·
Germany
·
Italy
·
Asia Pacific
·
China
·
Japan
·
India
·
Southeast Asia
·
Latin America
·
Brazil
·
Mexico
·
Middle East and Africa
·
GCC
·
Africa
·
Rest of Middle East
and Africa
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