openPR Logo
Press release

Additive Manufacturing Market to Incur Steady Expansion During 2016 - 2026

Additive Manufacturing Market to Incur Steady Expansion During

Additive manufacturing is also known as 3D (three dimensional) printing, and it is used to create 3D objects. Computer control is used to create a 3D object, to create the object, additive processes are used. The 3D objects can be customized as per the industry requirement.

Additive manufacturing is used for taking the 3D print of objects in various industries such as automotive, healthcare, education, research, government, aerospace, defence, consumer products and industrial. Products with the complex design can be easily conceptualize and manufactured with the help of additive manufacturing. The usage of 3D printing or additive manufacturing is extensively used for customization of the products. The industries are able to manufacture the products with complex designs with the higher accuracy with the help of additive manufacturing. There are different technologies that are used in the additive manufacturing or 3D printing such as robocasting, fused deposition modeling, stereo lithography, electron beam melting, selective heat sintering, selective laser sintering, direct metal laser sintering, laminated object manufacturing and powder bed. To create a 3D object various materials are used such as plastic, rubber and metal alloys. In the global additive manufacturing market, the most used material type is plastic. The type of plastics that are used as materials for 3D printing are nylon, polylactic acid, and acrylonitrile-butadiene-styrene.

Request For Report Sample@ https://www.persistencemarketresearch.com/samples/11254

The growth in the industrialization and demand for products with complex design is propelling the growth of global additive manufacturing market.

Additive Manufacturing Market: Drivers and Challenges

Growth in industries such as automotive, manufacturing, aerospace, food & beverages and healthcare is fueling the growth of global additive manufacturing market. Demand for additive manufacturing is expected to be significant from dental and medical industries during the forecast period (2015?2025). As the global economy is expected to grow in the near future, the per capita income & consumption in expected to grow as well. Growing population with the high per capita income is propelling the growth for the global additive manufacturing market. In future, the usage of 3D printing or additive manufacturing is expected to grow for designing parts and finished goods. The global additive manufacturing market is also expected to propel during the forecast period, due to the expected price drop in the 3D printers.

Currently, the usage of additive manufacturing or 3D printing is on the rise in developed economies, but the usage is limited in the developing economies. The limited penetration of additive manufacturing in the underdeveloped and developing economies is expected to inhibit the growth of the global additive manufacturing market over the forecast period.

Additive Manufacturing Market: Overview

The global additive manufacturing market by value is expected to expand at a CAGR of around 18–22% during the forecast period (2015-2025), due to increasing demand for 3D printing from industries such as automotive, dental, manufacturing and healthcare.

Additive Manufacturing Market: Segmentation

The global additive manufacturing market can be segmented by end-use industry, by material type, and by regions.

Based on end-use industry type, the global Additive Manufacturing market is segmented as:

Automotive
Manufacturing
Healthcare
Dental
Others

Based on material type, the global additive manufacturing market is segmented as:

Plastic
Metal alloy
Rubber
Others

Request For Report Table of Content (TOC)@ https://www.persistencemarketresearch.com/toc/11254

Additive Manufacturing Market: Region-wise Outlook

The global additive manufacturing market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, global Additive Manufacturing market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. In terms of market revenue, Asia Pacific Excluding Japan additive manufacturing market is projected to register a significant CAGR during the forecast period. Growth in the industries such as automotive, healthcare & manufacturing is fueling the growth of additive manufacturing market in Asia Pacific Excluding Japan. Western Europe and North America are also forecast to register a significant growth in the global additive manufacturing market.

Additive Manufacturing Market: Key Players

Some of the key market participants in global Additive Manufacturing market are MCor Technologies Ltd., Materialise NV, 3D Systems, Inc., ExOne, EOS and Stratasys Ltd.

ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

CONTACT:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.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 Additive Manufacturing Market to Incur Steady Expansion During 2016 - 2026 here

News-ID: 1481152 • Views: 127

More Releases for Market:

Fillings Market
https://www.qandqmarketresearch.com/reports/7557223/fillings-market-108 Fruit fillings are fruits preserved in a glaze. These fillings have high fruit content and retain the natural texture, taste, flavor and color of the fruits. Benefits of these fillings include year around availability of exotic fruits, readytouse application, long shelf life and no wastage. In this report, the statistics mainly focus on the fruit fillings in North America mainly including USA, Canada and Mexico etc.. According to QYR’s analysts, the concentration
Ethanol Market: Market Intelligence and Market Trends
Ethanol is a compound which is manufactured by the fermentation of various biological materials such as wheat, corn, wood, barley and sugarcane. Corn and starch based crops are the most common materials used in ethanol production. This compound is miscible with water and most of the organic solvent. Ethanol is a very important element of various industries and used as a solvent for many substances. It is because of wide range
Ginseng Market: Market Intelligence and Market Trends
Future Market Insights (FMI) delivers key insights on the global ginseng market in its upcoming outlook titled, 'Ginseng Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027'. In terms of value, the global ginseng market is projected to experience a healthy CAGR of 4.8% during the period of forecast, due to various factors such as globalization and increase in consumer acceptance for oriental and Asian flavors and demand for Chinese
Sourdoughs Market
https://www.qandqmarketresearch.com/reports/7338837/sourdoughs-market-18 The global Sourdoughs market is valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 20192025. The objectives of this study are to define, segment, and project the size of the Sourdoughs market based on company, product type, end user and key regions. This report studies the global market size of Sourdoughs in key regions like North America, Europe,
Biostimulants Market : Market Intelligence and Market Trends
Demand for biostimulants is expected to surpass US$ 4 billion in revenues, according to a new research report by Future Market Insights (FMI). The report titled, “Biostimulants Market: Global Industry Analysis and Opportunity Assessment 2015-2025” forecasts the demand for biostimulants to expand at a CAGR of nearly 11% through 2025. Biostimulants are finding increasing application in the agriculture sector owing to their environmentally-friendly and organic nature. Rising food demand is
Lottery Market: Market Insights and Market Potential
The global lottery market is expected to gain momentum due to the rise in demand for games where people have a fair chance of winning substantial amount of money. Nowadays, social media is acting as the medium through which promotions can be done without making much efforts. The trend of using social media as a medium to advertise is being used by the lottery market on a wide range. Both