3D Printing Market grow at 23.7% of CAGR by 2026 with Top Key Players by 2026: 3D Systems Corporation, ARC Group Worldwide, Arcam Group, Beijing Tiertime Technology, Carbon, Concept Laser GmbH

3D Printing Market Overview
The Global 3D printing market is expected to grow from $9.26 billion in 2017 to reach $62.72 billion by 2026 with a CAGR of 23.7%. High rate of accuracy, efficient use of raw materials and ability to make customized goods are some of factors propelling the market growth. However, insufficient deployment partner assistance and shortage of trained manpower are factors hampering the market.

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3D printing is a method of making 3 dimensional hard substances from a digital file. In an additive procedure an object is made by laying down successive layers of material until the object is shaped. Each of these layers can be seen as a thinly sliced flat cross-section of the eventual object. It enables to create functional shapes using less substance than traditional producing process.

Key players:
Some of the key players in global 3D printing market includes 3D Systems Corporation, ARC Group Worldwide, Inc., Arcam Group, Beijing Tiertime Technology Co., Ltd., Carbon, Inc., Concept Laser GmbH, Cookson Precious Metals Limited., Electro Optical Systems (EOS) GmbH, Envisiontec GmbH, Groupe Gorgé, Höganäs AB, Koninklijke DSM N.V., Markforged, Inc., Materialise NV, MCOR Technologies Ltd., Nano Dimension Ltd., Optomec Inc., Proto Labs, Inc., Renishaw PLC., SLM Solutions Group AG., Stratasys Ltd., Taulman 3D, LLC, The Exone Company, Ultimaker BV and Voxeljet AG.

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Market Segmentation:
By technology, FDM section is the important shareholding section and dominates the 3D printing market in terms of value shipment. This is the sign of rising demand for FDM printers for both individual and commercial use. Depending on geography, Asia-Pacific area is predicted to be the growing market for 3D printing. The development in 3D printing market is expected to take place owing to the increasing applications of additive manufacturing in healthcare, automobile and consumer industry.

Processes Covered:
• Vat Photopolymerization
• Powder Bed Fusion
• Material Extrusion
• Binder Jetting
• Direct Energy Deposition
• Material Jetting
• Sheet Lamination

Technologies Covered:
• Laser Metal Deposition (LMD)
• Direct Metal Laser Sintering (DMLS)
• Digital Light Processing (DLP)
• Stereolithography (SLA)
• Laminated object manufacturing (LOM)
• Selective laser sintering (SLS)
• Electron beam melting (EBM)
• Fused deposition modeling (FDM)
• Other Technologies

Applications Covered:
• Functional Part Manufacturing
• Prototyping
• Tooling
• Supply chain improvement
• Product development
• Innovation
• Cost reduction
• Efficiency increment
• Other Applications

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This release was published on openPR.