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Industrial 3D Printing Market to Grow at 27.21% CAGR to 2023

04-11-2020 06:59 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Industrial 3D Printing Market to Grow at 27.21% CAGR to 2023

According to Market Study Report, Industrial 3D Printing Market provides a comprehensive analysis of the Industrial 3D Printing Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry. This report also provides market landscape and market share information in the Industrial 3D Printing Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Industrial 3D Printing Market is expected to grow at a CAGR of 27.21% between 2018 and 2023, to grow from USD 1.73 Billion in 2018 to reach USD 5.66 Billion by 2023. This report spread across 231 pages, profiling 19 companies and supported with 81 tables and 63 figures are now available in this research.

Top Companies Profiled in the Industrial 3D Printing Market:
o 3D Systems Corporation (US)
o Stratasys Ltd. (US)
o EOS GmbH (Germany)
o Materialise NV (Belgium)
o The ExOne Company (US)
o Voxeljet AG (Germany)
o EnvisionTEC GmbH (Germany)
o Arcam AB (Sweden)
o Concept Laser GmbH (Germany)
o Optomec Inc. (US)
o SLM Solutions Group AG (Germany)
o Renishaw plc (UK)
o Koninklijke DSM N.V. (Netherlands)
o ARC Group Worldwide Inc. (US)
o Markforged Inc. (US)
o Cookson Precious Metals Ltd. (UK)
o Sculpteo (France)

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"Industrial 3Dprinting market for printed electronics industry is expected to witness a high CAGR during the forecast period"
Industrial 3D printing holds great potential in the printed electronics industry as it provides the opportunity to engineers to develop objects with complex internal structures, which otherwise would be difficult to produce using traditional methods. The growing adoption of industrial robotics in the printed electronics industry is driving the industrial 3D printing market for the robotics application as it is used to develop robot arms, grippers, and body parts.

"Industrial 3D printing market in APAC is expected to witness the highest CAGR during the forecast period"
APAC is the fastest-growing market for automotive and printed electronics industries, and offers new market opportunities for industrial 3D printing. Tooling and robotics are the major applications driving the market for industrial 3D printing in APAC. Japan and China are the major contributors to this market.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 =30%, Tier 2=45%, and Tier 3 =25%
o By Designation: C-level Executives=35%, Directors=45%, and Others = 20%
o By Region: Americas=45%, Europe =30%, Asia Pacific =20%, and RoW =5%

Competitive Landscape of Industrial 3D Printing Market:
1 Introduction
2 Key Players of Industrial 3D Printing Market
3 Competitive Situations & Trends
3.1 Agreements, Partnerships, & Collaborations
3.2 Product Launches & Developments
3.3 Expansions
3.4 Mergers & Acquisitions

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Research Coverage:
This research report categorizes the global industrial 3D printing market on the basis of offering, application, process, technology, industry, and geography. The report describes market dynamics that include key drivers, restraints, challenges, and opportunities for the growth of the industrial 3D printing market and forecasts the same till 2023.

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