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Global 3D Printing Services Market is expected to grow at a CAGR of 19.63%

08-01-2018 03:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ICT Market- MRC

Global 3D Printing Services Market is expected to grow at a CAGR

Technavio Announces the Publication of its Research Report – Global 3D Printing Services Market 2018-2022

Technavio recognizes the following companies as the key players in the global 3D printing services market: 3D Systems, Arcam, ExOne, Materialise, and Stratasys.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing use of 3D printing in education sector. 3D printers are increasingly being used in the education sector. In the medical education sector, certain challenges exist. For instance, human cadaver models are not ideal in terms of patient age or disease condition.”

Sample Copy of This Report: https://marketreportscenter.com/request-sample/595673

According to the report, one driver in the market is rising customization across various industries. Consumers are increasingly demanding customized products. About one-fourth of online shoppers sought customized products in the US in 2017. Moreover, companies are also willing to cater to this demand of consumers to foster brand loyalty.

Further, the report states that one challenge in the market is high cost of industrial 3D printers and operating industrial 3D printers. The cost of 3D printing is more than the traditional manufacturing. Among all the 3D printing machines, the metal printing machines are among the expensive ones.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The market is expected to grow at a CAGR of 19.63%

About 3D Printing Services

The 3D printing technique involves the deposition of successive layers of materials such as plastic or metal to create solid 3D objects from a digital model. End-users can either purchase 3D printers or outsource the task to vendors such as 3D Systems and Arcam. These vendors provide printing, software, and design services.

Technavio’s analysts forecast the global 3D printing services market to grow at a CAGR of 26.42% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global 3D printing services market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Full report with Table of Content: https://marketreportscenter.com/reports/595673/global-3d-printing-services-market-2018-2022

Technavio's report, Global 3D Printing Services Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• 3D Systems
• Arcam
• ExOne
• Materialise
• Stratasys

Market driver
• Rising customization across various industries
• For a full, detailed list, view our report

Market challenge
• High cost of industrial 3D printers and operating industrial 3D printers
• For a full, detailed list, view our report

Market trend
• Growing use of 3D printing in education sector
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?


Request Discount: https://marketreportscenter.com/request-discount/595673

About us: Market Reports Center is an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. We are dedicated to create a comprehensive offering of market research which is accurate, credible and affordable.

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