Europe is a major hub for 3D printing technology. The highest demand in Europe comes from small and medium sized businesses that are in need of high speed, reliable and low-cost prototypes. The Europe 3D printing market is the second fastest growing market with a growth rate of 17%.
With the ability to deliver customized products and manufactured solutions at lower cost, 3D printing technology will completely disrupt traditional manufacturing in many industries. Initiatives and spending by government, the ability to offer customized products by 3D printing, increased efficiency, and improved products are leading this technology in Europe.
3D printing applications in healthcare are expected to grow at the highest CAGR over the forecasted period (2017-2022).
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The increase in the rate of adoption of 3D printing technology in various application segments such as, industrial products, aerospace, automotive, defense, healthcare, education & research, are facilitating the growth of 3D printing market. The key industry segments such as healthcare and aerospace, which are growing at a promising rate, have witnessed significant penetration of 3D printing technology.
3D printing is helping to create more efficient processes in the aerospace sector; aircraft manufacturers have invested billions in developing the use of metal powders through this technology to make turbine blades, jet engine combustion nozzles and structural parts. The 3D printing continues to gain traction and publicity across the industries, and the overall 3D printing market is expected to triple in value into 2018, making the investment in this technology see strong long term growth potential.
The European 3D printing market is the second fastest growing market with a growth rate of 17% owing to a rising consumption of the same in this region, where end-user markets of 3D printing materials are growing steadily, especially in the manufacturing and industrial sectors. The countries showing growth in this technology are Germany, France and Netherland, with a number of start-ups and events mushrooming in these countries.
The 3D Printing market is segmented on the basis of Technology (Stereo lithography, Binder Jetting Technology, Electron Beam Melting, Fused Deposition Modeling, Laser Beam melting, Ink jetted photopolymers and Others), Material (Metals, Polymers, Ceramics and Others), and Application (Manufacturing, Industrial, Aerospace, Government and Defense, Healthcare and Others).
This report contains a detailed study of the Porter's five forces analysis, market segments, and current market trends. All the five major factors in these markets have been quantified using the internal key parameters governing each of them.
It also covers the market landscape of these players which includes the key growth strategies and competition analysis.
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The report also considers the countries showing growth for 3D Printing in Europe and emerging companies along with a list of their financials and presents a host of investment opportunities ready for the taking. This report on the outlook for lucrative investment areas reviews the potential future returns, technological advancements, regulations and market responses so as to provide a clear perspective on the potential implications for the growth prospects of 3D Printing during the forecast period (2017-2022).
What the report offers
- Market Definition of Investment Opportunities for 3D Printing in Europe along with identification of key drivers and restraints for the market.
- Identification of factors responsible for changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market.
- Extensively researched competitive landscape section with profiles of Emerging companies along with their financials, strategic initiatives and market shares.
- Identification and analysis of the Macro and Micro factors that affect the Investment Opportunities for 3D printing in Europe.
- A comprehensive list of emerging market players along with the analysis of their current strategic interests and key financial information.
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