3D Printing Market is Booming Worldwide : Technology and Innovation Trends from 2018 to 2025

Global 3D Printing Market Analysis

According to Verified Market Intelligence, the Global 3D Printing Market was valued at USD 8.08 Billion in 2017 and is projected to reach USD 49.74 Billion by 2025, growing at a CAGR of 25.5% from 2018 to 2025.

What is 3D Printing?

3-D Printing is a manufacturing process that uses a digital model to create a three-dimensional solid object. Objects can be of any shape or geometry and usually are produced using digital model data from a 3D model structure. It offers many benefits such as low manufacturing cost, quick production, improved quality, accessibility and sustainability, less wastage and many more. 3-D Printing has numerous applications in different industries such as aerospace and defense, healthcare, consumer products, food and culinary, printed electronics and many others. Rising adoption of 3D printing technology by various end users across the globe have boosted the growth of the 3D printing market.

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Global 3D Printing Market Outlook

Growing demand in manufacturing and supply chain management, rising development of customized products and reduced manufacturing cost have been driving the global 3D printing market. On the other hand, lack of standard process control, limitation of product size and the high cost of materials could hinder the overall growth at a global level.

Global 3D Printing Market Competitive Landscape

The “Global 3D Printing Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Stratasys Ltd., 3D Systems Corporation, Materialise NV, EOS GmbH, The Exone Company, Voxeljet AG, Arcam AB, SLM Solutions Group AG, and Envisiontec GmbH. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.

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Global 3D Printing Market Segmentation, by Process

Directed Energy Deposition
Vat Polymerization
Material Jetting
Sheet Lamination
Powder Bed Fusion
Material Extrusion
Binder Jetting

Global 3D Printing Market Segmentation, by Materials

Plastics
Thermoplastics
Photopolymers
Metals
Steel
Aluminum
Titanium
Alloys
Other metals
Ceramics
Glass
Silica
Quartz
Other Ceramic
Others

Global 3D Printing Market Segmentation, by Software

Design Software
Inspection Software
Printing Software
Scanning Software

Global 3D Printing Market Segmentation, by Application

Prototyping
Functional Part Manufacturing
Tooling

Global 3D Printing Market Segmentation, by Application

Automotive
Aerospace and Defense
Healthcare
Architecture and Construction
Consumer Products
Others

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Global 3D Printing Market Geographic Scope

North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Brazil
Rest of the World

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This release was published on openPR.