3D Printing Market Experience Higher CAGR Growth By 2023
The global 3D Printing Market is thoroughly analysed by covering major segments of the market. An in-depth market segmentation is covered below that reflects the vital elements included in the wearable gaming accessories market research report. According to market is projected to grow at a stellar CAGR during the period of assessment, 2019-2023.
Global 3D Printing Market overview:
The report of global 3D Printing Market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected the year.
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Some observers use the 3D Printing, also known as desktop fabrication or additive Printing Technology, allows manufacturers to develop objects using a digital file and various Printing materials. The materials used in 3D Printing include several types of Polymers, Metals and ceramics. 3D printing offers methodologies that can make manufacturing of complex designs an apparent reality. The factors that drive the 3D Printing market are reduction of errors, decrease in development cost and time, and the ability to build customized products. In addition, increase in applications in healthcare and various other industries is expected to create lucrative growth opportunities.
The global 3D Printing Market is primarily segmented based on Product Type, Application, End Use Industry and Regions.
Based on Product Type, the market is divided into:
- Selective laser sintering
- Electron beam melting
- Fused deposition modeling
- Laminated object manufacturing
On the basis of End Use Industry, the market is split into:
- Consumer products
On the basis of Application segment the ,prototyping accounted for the largest market share in 2017 and is anticipated to maintain its dominance over the forecast period. Extensive adoption from various industry verticals is anticipated to propel the growth. Automotive and aerospace and defense industries use prototyping to design and develop components and complex systems precisely. Prototyping also allows manufacturers to achieve a higher accuracy and to develop reliable end products.
The 3D Printing Market in Asia-Pacific is expected to grow at the highest Compound Annual Growth Rate during the forecast period. Government initiatives, funding in research and development, and extensive industrial base are the major factors that make Asia-Pasific a dynamic region for 3D Printing, with Japan and China being the major contributors.
Some of the major players that operate in the Global 3D Printing Market are 3D Systems, Arcam, Autodesk, Stratasys, ExOne, Hoganas, Optomec, Organavo, Ponoko, Voxeljet.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Latest Industry Updates:
Arcam :- Cambridge, UK, March 2019 – Arcam has announced its IMAX Enhanced spring 2019 promotion. Further to the release of its IMAX Enhanced receivers, Arcam is offering movie fans a pair of free tickets to Cineworld. The offer is available to those who attend a demo, held in one of Arcam’s Centres of Cinematic Excellence, of the Cambridge maker’s line of IMAX Enhanced receivers.
IMAX Enhanced is a new certification and licensing programme, combining the highest-end consumer electronics products with IMAX digitally re-mastered 4K HDR content and DTS audio technologies to offer consumers a new level of quality in immersive sight and sound experiences for the home. To be accepted into the IMAX Enhanced Programme, consumer electronics manufacturers must meet stringent performance standards, set by a certification committee of IMAX and DTS engineers and Hollywood’s leading technical specialists.
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Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
Table of Contents:
Global 3D Printing Market Report 2019
1 3D Printing Definition
2 Global 3D Printing Market Major Player Share and Market Overview
3 Major Player 3D Printing Business Introduction
4 Global 3D Printing Market Segmentation (Region Level)
5 Global 3D Printing Market Segmentation (Product Type Level)
6 Global 3D Printing Market Segmentation (Industry Level)
7 Global 3D Printing Market Segmentation (Channel Level)
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