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Global 3D Printing Market to grow at a CAGR of +20.1% during the period 2018-2023 Profiling Key Player like 3D Systems, Stratasys, Envisiontec, Exone, Luxexcel, Materialise NV, MCOR Technologies

11-22-2018 09:18 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Research N Reports

3D Printing Market

3D Printing Market

According to Stratistics MRC, the Global 3D Printing Market is estimated at $3.47 billion in 2018 and is expected to reach $12.53 billion by 2023 growing at a CAGR of 20.1% from 2018 to 2023. The factors driving the market include high degree of precision, ability to build customized products, and competency over traditional technique. However, higher production cost, expensive 3D printing software, shortage of skilled labor and inability to manufacture massive outputs are inhibiting the market growth. Moreover, application of 3D printing in different industries and manufacturing process are creating opportunities for the market. The economies of scale gained due to advancement in technology and enhanced manufacturing process will boost the market in future.

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Some of the key players in the market include: 3D Systems, Stratasys, Envisiontec, Exone, Luxexcel, Materialise NV, MCOR Technologies Ltd, Optomec Inc, Voxeljet AG, Microtec Gesellschaft Für Mikrotechnologie MBH, Amazon.Com, Inc., HP Inc, Canon Inc., ARC Group Worldwide, Inc., Oxford Performance Materials Inc., EOS GmbH and SLM Solutions Group AG.

Stereolithography has the largest revenue and accounted for more than 30% of the total market. While, Electron beam melting is anticipated to be the fastest growing technology segment with a CAGR of around 30% during the forecast period. Polymer occupies major share of the global market and Metals segment is estimated to be the fastest growing segment and is expected to grow at a CAGR of more than 38% during the forecast period. Consumer products segment remains the largest application segment with more than 20% of the market share, whereas healthcare application segment is estimated to grow at the highest CAGR over the forecast period.

A supplementary provincial information of the important geographic subdivisions with recognize to 3D Printing Market is described in detail. This gives a consciousness about which vicinity is top notch in this specific Market helping make higher destiny hypothesis plan. Forthcoming experiments, ongoing drifts, powers and boundaries are methodically researched and deliberated.

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Global 3D Printing Market is estimated to elevate in 2018. Promising forecasts of high Compound Annual Growth Rates (CAGR) pushes the Market aloft in the ultra-modern surveys. Foremost marketplace personnel’s and experts say that there are numerous factors which assist offer the Market its present aggressive standing.
In order to recognize how 3D Printing Market extended its ranking inside the international 3D Printing Market, large-ranging research is achieved. Data accumulated is from straightforward property, they all are authenticated and bypass-referenced to make certain the consequences are criminal and well supported. This file studies the global 3D Printing marketplace, analyzes and researches the 3D Printing development reputation and forecast in North America, Asia Pacific, Europe, the Middle East & Africa and Latin America. Various key players are referred to in info and a properly-informed concept of their recognition and techniques is stated.

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Table of Contents (TOC)
Global 3D Printing Market Research Report Forecast 2023
Chapter 1:- 3D Printing Market Overview
Chapter 2:- Economic Impact on Industry
Chapter 3:- Production, Business Opportunities with Potential Analysis
Chapter 4:- Rising Trends and New Technologies with key players
Chapter 5:- Manufacturing Cost Analysis
Chapter 6:- Technology Progress, Development Process and Downstream Buyers
Chapter 7:- Marketing Strategy Analysis, Distributors/Traders
Chapter 8:- Market Share by Key Countries in These Regions
Chapter 9:- Show the Market by Type and Application, With Sales Market Share and Growth Rate
Chapter 10:- Appendix and Data Source

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Research N Reports is a new age market research firm where we focus on providing information that can be effectively applied. Today being a consumer driven market, companies require information to deal with the complex and dynamic world of choices. Where relying on a sound board firm for your decisions becomes crucial. Research N Reports specializes in industry analysis, market forecasts and as a result getting quality reports covering all verticals, whether be it gaining perspective on current market conditions or being ahead in the cut throat Global competition. Since we excel at business research to help businesses grow, we also offer consulting as an extended arm to our services which only helps us gain more insight into current trends and problems. Consequently, we keep evolving as an all-rounder provider of viable information under one roof.

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