Press release
Global 3D Printing Services Market 2022: Key Major Players are 3D Systems, Stratasys, Proto Labs and Materialise
The 3D printing services market comprise services rendered by 3D printing service providers to companies in the form of rapid prototyping; 3D printed parts and components produced on 3D printers; software services such as software updates and upgrades; system maintenance contracts; training; contract research; and consulting services.
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The industry analysis report also indicates that the 3D printing services market size is expected to cross $13billion by 2022, growing at a CAGR of more than 28% during 2016–2022.
Key Major Vendors Profiled in the 3D Printing Services Market Report:
• 3D Systems
• Stratasys
• Proto Labs
• Materialise
This market research report on global 3D printing services provides in-depth information, market share, and market analysis by segmentation. The report provides market size and forecast by Technology Types (Extrusion, Jetting, Power bed fusion, Others) by Services Offerings (Tooling and parts production, Rapid prototyping, Software services, System maintenance, Expert services by End-users (Industrial machinery, Aerospace and defense, Healthcare, Automotive, Consumer products, and Others) By Geography (APAC, Europe, North America and ROW).
The key countries profiled in the 3D Printing Services Market report are:
• US
• Italy
• UK
• Germany
• France
• China
• Saudi Arabia
• UAE
• Qatar
• Brazil
• South Africa
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The 3D printing services market report provides a holistic view of the global market, the companies involved in the market, and the factors driving its growth. It also provides information on some of the latest trends that have started to surface and are likely to become strong market driving forces over the next five years. This report also provides the Porter’s Five Forces analysis along with a description of each force and its impact on the market. Further, the report also provides complete value chain analysis of the global market.
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The growth in 3D printing service outsourcing, increased investment in the printing domain, and high influence of internet on service revenue generation are the key factors that are going to drive the market growth during the forecast period. The emergence of cloud-based 3D printing service providers, increased vertical applications, and improved market consolidation are among the latest trends that are going to drive the market.
Globally, North America is the largest market for industrial automation, and the market is growing rapidly. This is expected to drive the demand for 3D printing services in the region. Europe, which was the second largest market for 3D printing services, was led by Germany, the UK, and Italy, where 3D printer penetration is more and the sale of these devices is high. The automotive and healthcare industries are driving the demand for 3D printing services in the region. APAC and MEA are also going to witness a surge in the growth of the market.
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