The 3D printing market is segmented by geography into four different regions, namely, the Americas, Europe, APAC, and RoW (Rest of the World).
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According to the new market research report "3D Printing Market by Technology (SLA, SLS, EBM, FDM, EBM, LOM, 3DP), Materials (Polymers, Metal), Application (Aerospace, Automotive, Consumer, Healthcare, Government & Defense), and Geography (Americas, Europe, APAC, & ROW) - Global Forecast to 2020", the 3D Printing Market worth $8.43 Billion by 2020 , at a CAGR of 14.37% between 2014 and 2020, which includes an in-depth analysis of the market by technology, application, and geography.
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The major market for 3D printing is in the Americas; however, Europe and Asia-Pacific (APAC) are expected to grow at a high CAGR. The application market for 3D printing can be divided into aerospace industry, automotive industry, consumer, healthcare, government & defense, industrial/business machines, education & research, and others (arts, architecture, and forensics).
3D printing application in healthcare is expected to grow at the highest CAGR over the forecasted period.
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The report also provides the market dynamics like drivers, restraints, and opportunities. Apart from the market segmentation, the report also includes critical market data and qualitative information for each technology type along with the qualitative analysis, such as Porter’s five force analysis, value chain analysis, and market breakdown analysis.
The major players involved in 3D printing are 3D Systems, Inc. (U.S.), Arcam AB (Sweden), EnvisionTEC (Germany), EOS (Germany), ExOne (U.S.), Luxexcel Group BV (Netherlands), Microtec Gesellschaft Fur Microcomputervertrieb MBH (Germany), MakerBot Industries, LLC (U.S.), Materialise NV (Belgium), Mcor Technologies Ltd.
(Ireland), Orgnavo Holdings, Inc. (U.S.), Optomec (U.S.), Stratasys Ltd.
(U.S. and Israel), and Voxeljet AG (Germany). The detailed explanation of the different market segments is given below:
3D printing is defined as the process of making objects from 3D model data by using additive materials. It also represents all additive processes, technologies, systems, and applications.
It can be used to manufacture products of any geometrical shape with a wide choice on the material to be used. Hence, it now viewed as the solution for production with lesser resources and faster output.
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The 3D printing market by material is broadly segmented into polymers, metals & alloys, ceramics, and others. The polymer market is further segmented into Acrylonitrile Butadiene Styrene (ABS), Polylatic Acid (PLA), Photopolymers, High-Density Polyethylene, Low-Density Polyethylene, nylon, and others.
The sub segments of metals & alloys include steel, silver, aluminium, titanium, gold, and others. The ceramics market is segmented into glass, silica, quartz, and others.
The “others” segment includes wax, laywood, metal foil, paper, and others.
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