Press release
3D Printing Market Competitive Landscape, Trends and Forecast 2018-2025
The global 3D printing market size in 2018 was accounted for $xxxx million in the historical year and is expected to reach $xxxx million by 2025, registering a notable CAGR of xx% by the end of the forecast period. Some of the major factors driving the 3D printing market across the globe are reduction of errors, lesser development cost & time as well as capability to build custom-made products. Furthermore, growing applications in of 3D printing in healthcare as well as various other end-use industries are anticipated to generate lucrative opportunities for the growth of the market. However, relatively expensive cost of 3D printing and insufficiency of skilled labors are certain factors expected to challenge the 3D printing market growth in upcoming years.Get more Information about this Report @ https://www.adroitmarketresearch.com/industry-reports/3d-printing-market
3D printing market across the globe is segmented by different technology, component, end user and geography. Further, technology segment of the market is sub-segmented into fused deposition modelling (FDM), stereolithography (SLA), selective laser sintering (SLS), digital light processing (DLP), electron beam melting (EBM) and others. Similarly, component segment of the market is bifurcated into software, hardware and service. Likewise, end user segment is sub-divided to healthcare, automotive, aerospace & defense, industrial, consumer electronics and others. Geographical segment of the market analyzes major key regions across the globe, including Europe, Asia-Pacific, North America and LAMEA.
The prominent players of market focus over innovative technological progressions as well as opt for strategies of partnerships, agreements & collaborations, mergers & acquisitions and product launches to cater the growing demand from manufacturing segments of automotive, healthcare and aerospace & defense.
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For example, Stratasys Ltd. a US based company announced extension of its partnership agreement with Desktop Metal (US) in May 2017, in order to intensify accessibility as well as adoption rate of metal 3D printing. Moreover, in February 2017, Stratasys went into a multiyear agreement with Team Penske, so that they can offer equipment & support services to assist NASCAR and IndyCar racing platforms of Team Penske.
Some of the key players in the global market include Ltd., Materialise NV, Stratsys, EnvisionTEC, Inc., Inc., 3D Systems, GE Additive, Autodesk, Inc., Made in Space, Canon, Inc. and Voxeljet AG.
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Key segments of the global 3D printing market are:
Component Segmentation of 3D printing market
• Hardware
• Software
• Services
Technology Segmentation of 3D printing market
• Stereolithography
• Selective Laser Sintering
• Fuse Deposition Modeling
• Polyjet
• Inkjet
• Laser Metal Deposition
• Laminated Object Manufacturing
• Digital Light Processing
• Direct Metal Laser Sintering
• Electron Beam Melting
End-user Segmentation of 3D printing market Industrial
• Automotive
• Aerospace & Defense
• Healthcare
• Consumer Electronics
• Industrial
• Power & Energy
• Others
• Desktop
• Educational Purpose
• Fashion & Jewelry
• Objects
• Dental
• Food
• Others
Geographical Segmentation of 3D printing market
• North America
• U.S.
• Canada
• Mexico
• Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• South America
• Brazil
• Middle East & Africa
Software Segmentation of 3D printing market
• Inspection Software
• Design Software
• Scanning Software
• Printer Software
• MEA
We are here to provide credible market intelligence with actionable insights. We believe that with the fast changing business environment and rapid turns in economic cycles, a lot is overlooked. With the aid of technology, a large amount of data is produced which is waiting to be analyzed and patterned. The insights which can be mined from such a large amount of data can enable businesses to grow at a pace of their choosing, be it long term goals or short-term goals. Being aware of the market movements allows for agility and agility is one of the highest rated characteristics of modern businesses.
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