3D Printing Market By Materials - Plastics, Ceramics and Glass, Metal and Alloys - Global Market Trends & Industry Forecasts Upto 2023
The 3D Printing Market is likely to reach $ 34 billion by the end of 2023, growing at a CAGR of 27% from 2017-2023. The factors contributing towards the growth of 3D printing are easy manufacturing and heavy cost reductions, reduction of errors, optimum utilization of the raw materials, production of customized products, rising innovative raw materials for production and efficient use of production time and financials. A huge demand has been observed for precision machined components in a large range of end use industries. Currently, the 3D Printing market is expected to witness high growth as there is latent demand for easy creation of the complex design and geometries in certain industries as medical and dental. Also, the market is experiencing the increased competitive pressure for the investment in R&D as well as strong hunger for innovative printing materials and manufacturing techniques.In 2017, the 3D Printing market is dominated by North America followed by Europe and then Asia-Pacific. This growth in 3D Printing market is likely to occur due to growing applications of additive manufacturing in automobile, medical and consumer industry. The 3D printing technology in Defense industry particularly in USA will experience robust CAGR of 24% in the next five years mainly due to as 3D printing helps in reducing weight, leading to improved strength. The technology can produce highly complex parts as single-component systems. Easy printing spare parts and replacements 3D printing technology is natural fit for many defense applications.
Request A Premium Sample Report @ http://www.supplydemandmarketresearch.com/home/contact/6221?ref=Sample-and-Brouchure&toccode=SDMRSE6221
The Plastic segment accounted for the largest market share in 2017 and the category of other materials such as wax, paper, laywood, etc. are anticipated to witness the highest growth compelled by the increasing use of these materials in healthcare and medical industries.
The various end-user industries of 3D Printing market are healthcare and medical, aerospace, automotive, defense and military, energy, education and others. The growing end use verticals such as wearable electronics, education and food and bakery will experience the highest CAGR from 2018-2023 whereas automotive, defense and healthcare and medical would be the largest market share owners during the forecast period. 3D bioprinting is developing very furiously as it is highly supported by the applications in In-Vitro Testing to discover new drugs as well as prototype printing of the organs and body parts.
Huge investment has been done by the companies in 3D Printing Technology for example in 2016, GE has invested about $1.4 billion on buying two European 3D Printing companies Arcam AB from Sweden and SLM Solutions Group from Germany. This acquisition is expected to cut costs by US$3 billion to US$5 billion across the company, as the 3D technology could heavily reduce design and material costs and it is expected that company would purchase approximately 1,000 new 3D printing machines by the next decade. The major players in the 3D Printing market are 3D Systems, HP, Autodesk, Inc., Hoganas AB, Stratasys Ltd, Optomec, Inc., Arcam Group, The ExOne Company, Beijing Tiertime Technology, Nano Dimensions, Renishaw PLC, Voxeljet AG, Envisiontec GmbH, EOS GmbH, ARC Group Worldwide and other.
Major TOC:
1 Introduction
1.1 Goal & Objective
1.2 Report Coverage
1.3 Supply Side Data Modelling & Methodology
1.4 Demand Side Data Modelling & Methodology
2 Executive Summary
3 Market Outlook
3.1 Introduction
3.2 Current & Future Outlook
3.3 DROC
3.3.1 Drivers
3.3.1.1 Demand Drivers
3.3.1.2 Supply Drivers
3.3.2 Restraints
3.3.3 Opportunities
3.3.4 Challenges
3.4 Market Entry Matrix
3.5 Market Opportunity Analysis
3.6 Market Regulations
3.7 Pricing Mix
3.8 Key Customers
3.9 Value Chain & Ecosystem
TOC Continued…!
Browse Full Report Details @ http://www.supplydemandmarketresearch.com/home/toc_publisher/6221?code=SDMRSE6221#Report_Highlights
About us:
SupplyDemandMarketResearch.com have a strong network of high powered and experienced global consultants who have about 10+ years of experience in the specific industry to deliver quality research and analysis.
Having such an experienced network, our services not only cater to the client who wants the basic reference of market numbers and related high growth areas in the demand side, but also we provide detailed and granular information using which the client can definitely plan the strategies with respect to both supply and demand side.
Canada Office:
302-20 Misssisauga Valley, Missisauga,
L5A 3S1, Toronto
Global +1-778-686-7521
Email sales@supplydemandmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release 3D Printing Market By Materials - Plastics, Ceramics and Glass, Metal and Alloys - Global Market Trends & Industry Forecasts Upto 2023 here
News-ID: 1363149 • Views: …
More Releases from Supply Demand Market Research
Drone Payloads Market Expected To Reach USD 33.86 Billion Globally.
The market for drone payloads is expected to expand by 12.8% a year between 2023 and 2033, to reach USD 33.86 billion globally. The development of sophisticated drone payload systems, growing defense investments in unmanned technologies, expanding applications for drones, the market for location-based services, the need for better surveillance, and technological advancements with the growing use of AI for autonomous UAVs are all contributing factors to the growth.
This 200-page…
Healthcare Cold Chain Logistics Market Is Anticipated To Reach $29.72 Billion By …
According to our assessment, the global market for healthcare cold chain logistics is projected to increase by 5.1% a year over the next several years, reaching $29.72 billion by 2033. This 185-page research, which is highlighted with 88 tables and 92 figures, provides a 360-degree picture of the global market with thorough segmentations by Application, Service, Temperature, End User, and Region/Country, as indicated below. The report includes the annual revenue…
Medical Bionics Is Anticipated To Reach USD $49.66 Billion By 2033
The report gives a prognosis from 2024 to 2033 using 2023 as the base year, based on studies conducted for 2021-2023. The influence of COVID-19 and regional conflicts like the Russia-Ukraine war are taken into account while projecting the trajectory and outlook of the global market in optimistic, cautious, and balanced scenarios. According to a balanced assessment, the worldwide market for medical bionics is anticipated to increase by 11.2% a…
Global Bionics Market Is Anticipated To Reach USD $59.94 Billion By 2033
The report gives a prognosis from 2024 to 2033 using 2023 as the base year, based on studies conducted for 2021-2023. The influence of COVID-19 and regional conflicts like the Russia-Ukraine war are taken into consideration while projecting the trajectory and outlook of the global market in optimistic, cautious, and balanced scenarios. According to a balanced assessment, the global bionics industry is projected to expand by 11.4% a year over…
More Releases for Printing
Global Printing Market | Global Printing Industry | Global Printing Market Resea …
The printing market comprises of sales of printing by several entities (organizations, sole traders and partnerships) that print products such as newspapers, books, labels, business cards, stationery, business forms, and several other materials.
According to the report analysis, ‘Printing Global Market Report 2020-30: Covid 19 Impact and Recovery’ states that the worldwide printing market is projected to decline from USD 314.6 billion during 2019 to USD 294.2 billion throughout…
Security Printing Market Security Printing Market
Security Printing Market: An Overview
Increased cases of forgery and counterfeiting practices are anticipated to drive the security printing market over the forecast period. Counterfeiting practices are particularly prevalent in bank notes, passports, postage stamps, identity cards, stock certificates, and contraband. Security printing helps in prevention of tampering and forgery of the instruments mentioned above.
Obtain Report Details @ https://www.transparencymarketresearch.com/security-printing-market.html
The key end market verticals in security printing market includes Banking, Financial Services…
Retail Security Tags Market by Technology (Barcode, Radio Frequency Identificati …
Retail security tags are used to attach a single or multiple products to identify, track, and count products. These are used by various companies and retail outlets to count and trace products. These offer benefits, such as automation, cost efficiency, security, and accuracy, in tracking inventory through supply chain network and retail environment.
The global retail security tags market is driven by rise in security measures in retail industry and decline…
Textile Printing Machine Market by Type (Rotary screen textile printing, Automat …
According to a new report published by Allied Market Research, titled, Textile Printing Machinery by Product type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the textile printing machinery market was valued at $7,309 million in 2016, and is projected to reach at $10,220 million by 2023, growing at a CAGR of 5.0% from 2017 to 2023. Asia-Pacific is expected to be the leading contributor to the global textile…
Global UV Cured Printing Inks Market By Application – Flexographic, Gravure Pr …
Researchmoz added Most up-to-date research on "Global UV Cured Printing Inks Market By Application – Flexographic, Gravure Printing, Offset Printing, Digital Printing and Screen Printing" to its huge collection of research reports.
Global UV Cured Printing Inks market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and…
Japan Packaging Printing In Global Market By Printing Technology: Flexography Pr …
Researchmoz added Most up-to-date research on "Japan Packaging Printing In Global Market By Printing Technology: Flexography Printing, Rotogravure Printing, Offset Printing And Digital Printing" to its huge collection of research reports.
The global Packaging Printing market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2017, growing at a CAGR of XX% between 2016 and 2022.
Japan plays an important role…