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Global 3D Printing
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015-2025
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Report
Description
Report Description
3D printing is also referred as additive manufacturing, it is a process by which three
dimensional solid objects are made from digital file. Additive process is used for creation of 3D
object. In this process, products are built through layering, which avoid intervention of drilling,
cutting etc. This technology is mainly beneficial for production of spare parts, which are
otherwise very difficult to obtain. Manufactures nowadays are moving from mass production to
low volume production of products which can be used across different industries.
3D printing materials provide various advantages such as high sensitivity, durability, stability
and flexibility. Other advantages include reduction in time-to-market of new products and
elimination of raw material wastage. Major application of 3D printing technology is done into
industries like consumer goods, healthcare, aerospace and automotive. Out of which
automotive industry is the largest end user segment of 3D technology and expected to remain
dominant in future. Followed by healthcare industry, in which 3D printing is majorly used for
production of dental implants and hearing shells. In aerospace and automotive industry 3D
printing technique is used to reduce cost and increase productivity. This technique ensures
quality of parts used in aircrafts and automobiles.
Global 3D Printing Market Segmentation
By use of raw material the market is further sub segmented into metals, ceramics, polymers
and others. End user application of 3D printing is done in industries like, consumer goods,
healthcare, aerospace and automotive etc. Out which application of 3D printing in healthcare
sector is expected to grow rapidly which further boosting the overall market growth of 3D
printing. Aerospace and automotive are the largest end user segment and expected to grow
fastest in future.
Report
Description
Report Description
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Global 3D Printing Market: Region-wise Outlook
North America is largest region in terms of market share, it is because of high
development of 3D technology in this region. Also, large number of dental labs in North
America is fuelling the market growth. Asia-Pacific and Europe market is also expected to
grow rapidly in future. In Asia-Pacific region the largest market is Japan, it is because of
favourable government policies, increasing spending of government on development of
printing technology and high sale of professional-grade printers. China is second largest
player in Asia-Pacific region.
Global 3D Printing Market: Drivers
Global 3D printing market is expected to grow enormously in coming years. Factors
driving the growth of markets are, increasing spending by market players on product
development and research & development activities, increasing regulatory support from
government, growth in end user segments and ease of manufacturing. High material
cost, unavailability of and poor quality of material is expected to be a restraining factor
for market growth. Some other restraining factors includes, lack of talent to use and
manage this technology, lack of training and lack of accessibility of technology.
Technological development in healthcare industry increases the application of 3D
printing, which provides good opportunity for market expansion and growth.
Report
Description
Report Description
Product innovation and increasing spending on research & development are the major
trends followed by the market players. Manufacturers are focusing on creation of low
volume and low cost products which can be used across various industries. At present
market is facing issues of intellectual property and copyright infringement, which should
be taken into consideration by key players.
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Global 3D Printing Market: Key Players
Key players into 3D printing market are Stratasys Inc., Concept Laser GmbH, 3D Systems,
Inc., Arcam AB, 3D Systems Corporation, Optomec, Microtec Gesellschaft Fur
Microcomputervertrieb MBH, EOS GmbH ExOne GmbH and Materialise NV. Increasing
competition among these key players is expected to resulting into cost reduction of 3D
printing products which will further increase product demand.
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