+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free

Ease of Usage Makes 3D Printing Immensely Popular, Market Poised to Expand at 16.80% CAGR between 2013 and 2019

Posted on Oct 23, 2015

A research report recently published by Transparency Market Research (TMR) states that the global 3D printing market stood at US$2.2 bn in 2012. Analysts expect it to report a remarkable rise at a CAGR of 16.80% during the period from 2013 to 2019.The global 3D printing market is segmented regionally into North America, Asia Pacific, Europe, and the Rest of the World. The report, titled “Global 3D Printing Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019”, provides a snapshot of the performance of the 3D printing market in each of the regional markets.

 

Browse the full Global 3D Printing Market (Polyjet, FDM, SLS, SLA) - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/3d-printing-industry.html

 

3D printing technology is primarily used for fast prototyping, mass customization, and speedy production. It is a cheap and easy-to-use technology, which assists customers to lower wastage of materials as well as the cost associated. It also helps in manufacturing eye-catching products and enhancing production efficiency by saving time.

Manufacturers are adopting this technology at a rapid pace, owing to the ease of use it offers when compared to traditional methods. The architecture, footwear, electronics, and automotive industries are the key end users of 3D printing. On the other hand, the inability to produce in bulk quickly is expected to hamper the growth of the global 3D printing market during the forecast period, according to the market report.

The research study analyzes the worldwide 3D printing market on the basis of application and technology. Based on application, commercial 3D printing and personal 3D printing are the two main segments of the worldwide 3D printing market. By technology, polyjet, SLS, fuse deposition modeling, and stereolithography are the key technologies applied in 3D printing.The commercial 3D printing segment is leading the global 3D printing application market and is projected to retain its dominant position over the forecast period. Polyjet printing takes the top spot in the market on the basis of technology, states the report.


North America, according to the report, dominates the global 3D printing market at present and is closely followed by the 3D printing market in Europe. The immense rise in the medical and healthcare as well as aerospace and automotive industries in North America has triggered the demand for 3D printing in this region significantly.Analysts project the North America 3D printing market to maintain its dominance in the near future. However, the Asia Pacific market for 3D printing is likely to register the fastest growth over the forecast period, owing to the increasing uptake of 3D printing in dynamically developing industrial segments, reports the market study.

 

The report also offers an analysis of the major companies functioning in the global 3D printing market on the basis of their market share and future projects and presents the competitive landscape as well as the current market hierarchy of this industry.3D Systems Inc., Concept Laser Gmbh, Arcam AB, Eos Gmbh Electro Optical Systems, Optomec, Exone Gmbh, SLM Solutions Gmbh, Stratasys Ltd., Solidscape Inc., and Voxeljet Technology Gmbh are the key participants in the global market for 3D printing, states the report.

The global 3D printing market is segmented into:

By Application

  • Commercial 3D Printing
  • Personal 3D Printing

By Technology

  • Polyjet
  • SLS
  • Fuse Deposition Modeling
  • Stereolithography
  • Others

By Region

  • Europe
  • North America 
  • Asia Pacific 
  • Rest of the World 

Browse : Our new press releases http://www.transparencymarketresearch.com/pressrelease/global-3d-printing-industry.htm

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. 

 

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Mr.Sudip S
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Back To Top