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3D Printing Market: Investment Strategies from Global Industry Giants in North America: 3D Systems, Stratasys, The ExOne Company, Autodesk, Optomec, Organovo Holdings, and Arevo Labs

04-23-2020 10:31 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

North America 3D Printing Market

North America 3D Printing Market

The major players in 3D Printing Market consistently launch new products and enhance their existing portfolios to expand their customer base and strengthen their market position. Partnerships and collaborations provide growth opportunities to these players for geographic expansion. The major players in this market include 3D Systems, Stratasys Ltd., The ExOne Company, Autodesk Inc., Optomec, Inc., Organovo Holdings, Inc., and Arevo Labs.

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Key Benefits:

o The study provides an in-depth analysis of the North America 3D printing market to elucidate the imminent investment pockets in the market.

o Current trends and future estimations are outlined to determine the overall North America 3D printing market potential and single out profitable trends to gain a stronger foothold.

o The report provides information regarding key drivers, restraints, and opportunities with a detailed impact analysis.

o A quantitative analysis of the current market and future estimations from 2015 to 2022 are provided to showcase the financial competency of the market.

o Porters five forces model and SWOT analysis of the industry illustrate the potency of the buyers and suppliers.

o Value chain analysis provides a clear understanding of the roles of stakeholders involved.

The North America 3D printing market is segmented on the basis of components, application, and country.

The component segment is further categorized into technology-based printers, materials, and services. Based on the technology, the printers are segmented into stereolithography, selective laser sintering, electron beam melting, fused deposition modeling, laminated object manufacturing, and others. The market is segmented into polymers, metals & alloys, ceramic, and others based on the material. The various applications using 3D printing include consumer products, industrial products, aerospace, defense, automotive, healthcare, education & research and others.

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3D printing is used across various industries, including consumer products, aerospace, automotive, healthcare, defense, and education and research. It enables efficient management of resources and increases production output while minimizing wastage and operating costs. 3D printing is implemented for various applications that include development of prototypes, functional models, presentation models, artistic products, and custom parts. The consumer products sector accounted for a major revenue share of the North American 3D printing market, constituting 21.4% of the total market revenue in 2015, followed by the automotive sector which accounted for 18.3% share in the same year.

A wide variety of 3D printers are available in the market based on different technologies. Stereolithography, fused deposition modeling, selective laser sintering, laminated object manufacturing, and electron beam melting are some of the technologies used for 3D printing.

Stereolithography-based 3D printers accounted for a major share in the North American 3D printing market, constituting 33.2% of the total market revenue in 2015. The use of these printers for designing models and molding patterns has increased owing to its high accuracy and better surface finish. Stereolithography is an additive manufacturing technology that implements layer-by-layer production technique using photopolymerization for the development of prototypes and functional models. Electron beam melting technology-based 3D printers are likely to register the highest CAGR from 2016 to 2022.

3D printing uses diverse materials such as polymers, ceramics, and metal & alloys among others. Polymers occupied a major share in the North American 3D printing materials segment, accounting for over 40% of the total materials market revenue in 2015. Metals & alloys is expected to be the fastest growing material segment during the forecast period.

Key findings of North America 3D Printing Market:

o The North America 3D printing market is likely to grow at a high rate in the future owing to high need of efficient manufacturing with high accuracy and reduced costs.

o The 3D printing services segment accounts for a major share in this market.

o The application of 3D printing in defense sector is anticipated to register the highest CAGR of 24.7% from 2016 to 2022.

o The U.S. is the highest revenue-generating country in this market.

North America 3D Printing Market Key Segments:

The North America 3D printing market is segmented on the basis of components, applications, and countries.

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By Component

o Technology-based printers

o Stereolithography
o Selective Laser Sintering
o Electron Beam Melting
o Fused Deposition Modeling
o Laminated Object Manufacturing
o Others

o 3D printing materials

o Polymers
o Metal and Alloys
o Ceramic
o Others

o Services

By Application

o Consumer products
o Industrial
o Aerospace
o Automotive
o Healthcare
o Defense
o Education and research
o Others

By Country

o U.S.
o Canada
o Mexico

Key Players

o 3D Systems
o Autodesk, Inc.
o Stratasys Ltd.
o The ExOne Company
o Optomec, Inc.
o Organovo Holdings, Inc.
o Arevo Labs
o Arcam AB
o EnvisionTEC
o E. I. duPont de Nemours and Company

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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