3D Printing Market: Key Facts and Forecast Predictions Presented Until 2025
According to Verified Market Research, 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 have 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 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 high cost of materials might 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 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 to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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
Global 3D Printing Market Segmentation, by Software
• Design Software
• Inspection Software
• Printing Software
• Scanning Software
Global 3D Printing Market Segmentation, by Application
• Functional Part Manufacturing
Global 3D Printing Market Segmentation, by Application
• Aerospace and Defense
• Architecture and Construction
• Consumer Products
Global 3D Printing Market Geographic Scope
• North America
Rest of Europe
• Asia Pacific
Rest of Asia Pacific
• Latin America
• Rest of the World
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team at Verified Market Research.
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Phone: +1 313 462 0609
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
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