3D Printing Market Overview by Top Regional Industry Players - 3D Systems Corporation,Stratasys, voxeljet AG, Concept Laser, SLM Solutions NA, Inc. & Autodesk Forecast to 2023

Global 3D printing market is expected to reach $31,863.7 million by 2023. The key benefits associated with 3D printing, such as cost efficiency, single-step manufacturing process, and the ease of developing customized products, are expected to increase the adoption of 3D printing technology, globally, in the coming years.

Request Sample Copy of Report :: https://www.psmarketresearch.com/market-analysis/3d-printing-market/report-sample

On the basis of component, the 3D printing market is categorized into printer, material, software, and service. Among all these categories, printers held the largest market share in the 3D printing market in 2017, where it accounted for over 45% of sales globally.

During the forecast period, the 3D printing market is expected to grow fastest in APAC, exhibiting a 27.8% CAGR. Government initiatives and investments in research and development to innovate methods and applications of 3D printing are the major factors supporting the growth of the 3D printing market in APAC.

Materials are further categorized into metals, polymers, ceramics, and others, where “others” include wax, lay wood, paper, and biocompatible material. Of these, metal-based 3D printing contributed the largest revenue to the market during the historical period, with more than 49% market share in 2017.

The 3D printing market is fragmented because of the presence of a large number of players offering 3D printing systems and materials for various applications. Due to the fragmented nature of the market, the competition among the global and regional players is high.

Read summary of report here :: https://www.psmarketresearch.com/market-analysis/3d-printing-market/

Some of the major companies operating in the global 3D printing market are 3D Systems Corporation, Stratasys Ltd., ExOne, Voxeljet AG, Arcam AB, SLM Solutions GmbH, EOS GmbH, Envision TEC GmbH, Materialise NV, Concept Laser GmbH, Autodesk Inc., and Koninklijke DSM N.V.

Market Segmentation by Process

• Powder Bed Fusion
• Binder Jetting
• Direct Energy Deposition
• Sheet Lamination
• Vat Photopolymerization
• Material Extrusion
• Material Jetting

Market Segmentation by Technology

• Stereolithography
• Fuse Deposition Modelling (FDM)
• Selective Laser Sintering (SLS)
• Laminated Object Manufacturing
• Digital Light Processing (DLLP)
• Polyjet Printing
• Inkjet Printing
• Direct Metal Laser Sintering (DMLS)
• Electron Beam Melting (EBM)
• Laser Metal Deposition (LMD)

Market Segmentation by Application

• Prototyping
• Product Development
• Innovation
• Efficiency Increment
• Cost reduction
• Supply Chain Improvement
• Others (Product Line Expansion, New Revenue Sources Generation, Customized Product Development, and Customer Experience Transformation)

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:

P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

This release was published on openPR.