This market report identifies 3D Systems, 3DOM Filaments Ltd. and American Graphite Technologies Inc. as the key vendors in the Global 3D Printing Market. This market also study presents detailed analysis of the market by Offering, Application, End-user, Geography each product categorized sub-segments of the market. It helps you track the unprecedented growth seen in the Semiconductors and Electronics industry giving you an edge to not just compete but to outmatch the competition
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The Global 3D Printing Market accounted to USD 5.0 billion in 2016 growing at a CAGR of 26.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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.
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In this process, products are built through layering, which avoid intervention of drilling; cutting. the current trends in 3D printing markets is government investments in 3D printing projects to reduce the manufacturing cost so that the 3D printing can be used widely for general purpose.
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Major Market Drivers and Restraints:
- Reduction in Manufacturing Cost
- Government Investments in 3D Printing Projects
- High Cost of Materials
- Product Size limitation
- Lack of Standard Process Control
Major Market Competitors are:
Some of the major players operating in 3D Printing Market are 3D Systems, 3DOM Filaments Ltd., Align Technology, American Graphite Technologies Inc., Arcam AB, Architected Materials, Arevo Labs, Argillasys Ltd., Asiga, Aspect Inc., Autodesk Inc., B9Creations Llc, BASF SE, Beijing Tiertime, Biobots Inc., Blueprinter, Bolson Materials Inc., Bucktown Polymers, Cellink Ab, Choc Edge Ltd. among others. In 2017, CSM Bakery Solutions and 3D Systems announce agreement to bring 3d print designs to the food industry.
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Global 3D Printing Market Segmentation:
On the basis of offerings the 3D Printing Market is segmented into
The software & service market is expected to grow in the forecasted period.
On the basis of application the 3D Printing Market is segmented into
- Functional Part Manufacturing
The Prototyping market is expected to grow in the forecasted period.
On the basis of end-user the 3D Printing Market is segmented into
- Architecture and Construction
- Consumer Products
- Printed Electronics
- Food and Culinary
The aerospace and defense market is expected to grow in the forecasted period.
On the basis of geography, 3D Printing Market report covers data points for 28 countries across multiple geographies such as
- North America
- South America
- Middle East & Africa.
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