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3d Printing Market is thriving worldwide by 2027 | Top Key Players like 3D Systems, Autodesk, INC., HP Inc., Optomec Inc., GE Additive, Stratasys, Ltd., ExOne, Voxeljet AG, Arcam AB, Organovo Holdings

04-16-2020 06:03 AM CET | Business, Economy, Finances, Banking & Insurance

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3d Printing Market

3d Printing Market

Market Study Report LLC recently added a new title on 2019-2027 Global 3d Printing Market Report from its database. The report provides study with in-depth overview, describing about the Product, market size, share, Industry Scope and elaborates market outlook and status to 2027.

The global 3D printing market is predicted to show compelling growth at a CAGR of 14.567% in terms of revenue, during the forecasting period 2019-2027. The primary drivers of the 3D printing market are using of more than one material for printing, rise in the use of 3D printing for enhancing efficiencies in manufacturing, improvement in terms of cost and time, logistically viable technology, large scope for innovation, flexibility for customization, less probability of human errors and being better than the traditional method of production. Although implementation costs and the shortage of skilled labor or technical expertise act as the restraints of the market, increasing application of 3D printing in healthcare and the rise in the adoption of 3D printing in different industries is likely to create more market opportunities.

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The global 3D printing market report includes regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

Asia-Pacific is the fastest-growing market in the field of 3D printing, with a CAGR of 17.39% during the period 2019 to 2027. China, Japan and South Korea are primarily the major contributors to the region. Due to favorable policies, encouraging authorities and financial assistance for research and development, many well-established companies are setting their centers in the region. Although North America and Europe hold a larger market for 3D printing currently, Asia-Pacific has the maximum potential in growth to become the epicenter in the 3D printing market in the forecasted period.

The major companies in the 3D printing market are 3D Systems, Autodesk, INC., HP Inc., Optomec Inc., GE Additive, Stratasys, Ltd., ExOne, Voxeljet AG, Arcam AB, Organovo Holdings and Hgans AB.
One of the leading 3D printing companies is 3D Systems. It is involved in the production of personalized surgery and patient-specific medical devices, 3D printers, print materials, and on-demand custom parts. Besides, it also provides digital tools such as software, scanners, and haptic devices, various print materials such as nylon, metal, elastomeric, plastic, polymeric dental, wax and Class IV bio-compatible materials are developed, blended and sold by the company. 3D Systems joined hands with CMS Bakery Solution to collaborate and develop innovative and creative 3D printed products in the market.

Table of Contents:

1. Global 3d Printing Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Hardware Is Largest Component In 3d Printing Market
2.2.2. Fdm Is Dominant In The Technology Segment Of 3d Printing
2.2.3. Functional Part Development Is Rapidly Growing Application Of 3d Printing
2.2.4. Industrial Products Are Produced Extensively Utilizing 3d Printing
2.2.5. Plastic Is Widely Used Material 3d Printing
2.3. Porter's Five Force Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitute
2.3.3. Bargaining Power Of Suppliers
2.3.4. Bargaining Power Of Buyers
2.3.5. Intensity Of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Market Drivers
2.6.1. Better Than Traditional Method Of Production
2.6.2. Use Of More Than One Material For Printing
2.6.3. Rise In The Use Of 3d Printing For Enhancing Efficiencies In Manufacturing
2.6.4. Improvement In Terms Of Cost And Time
2.6.5. Logistically Viable Technology
2.6.6. Large Scope For Innovation
2.6.7. Flexibility For Customization
2.6.8. Less Probability Of Human Errors
2.7. Market Restraints
2.7.1. Implementation Cost
2.7.2. Shortage Of Skilled Labour Or Technical Expertise
2.8. Market Opportunities
2.8.1. Increasing Application Of 3d Printing In Healthcare
2.8.2. Rise In Adoption Of 3d Printing In Different Industries
2.9. Market Challenges
2.9.1. Possibility Of Weak Structural Design
2.9.2. 3d Printing Can Lead To Legal Risks
3. 3d Printing Market Outlook - By Component
4. 3d Printing Market Outlook - By Technology
5. 3d Printing Market Outlook - By Application
6. 3d Printing Market Outlook - By Industrial Verticals
7. 3d Printing Market Outlook - By Material Type
8. 3d Printing Market - Regional Outlook
9. 3d Printing Market Competitive Landscape

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