Press release
3D Printing Materials And Services Market Global Competition and Business Outlook 2020 to 2023
The report presents an in-depth assessment of the Global 3D Printing Materials And Services including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global 3D Printing Materials And Services investments from 2019 till 2023.The market was estimated at USD 5.45 billion in 2017 and is projected to reach USD 29.56 billion by 2023, at a CAGR of 40.24% over the forecast period.
The Global 3D Printing Materials And Services market is highly competitive and consists of a number of major players. Companies, like Envisiontec GmbH, Stratasys Ltd., Arkema S.A., Royal DSM N.V., Arcam AB, 3D Systems Group, CRP Group, LPW Technolohy Ltd., ABB Group among others.
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Scope of the Report:
This technology has been used by companies for prototyping purposes for decades and is slowly being integrated into final products. 3D printing materials come in varieties like plastic, metal, ceramic etc. to offer raw material solutions to various industries like automotive, aerospace, defense and others.
The 3D printing materials and services market is driven by the growth of the 3D printing market and a vast array of upcoming applications. With the introduction of materials like graphene, new application sectors of 3D printed electronics and automotive have opened up. Judicial implementation of the technology offers opportunities to re-structure the entire supply chain for many industries.
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Key Market Trends:
Recent technological advancements have brought down the cost of getting objects 3D printed while increasing the speed of the process. Considerable support is also being seen from some governments to promote R&D of the technology. The market is restrained by very high initial inventory investment and expensive materials to sustain growth.
The market segment by type is led by plastic, but metal is expected to grow owing to its increase in the number of applications. By form, the market is segmented into liquid, filament and powder. Application in the automotive sector is growing due to the introduction of 3D printed technology in manufacturing hybrid vehicles. Consumer goods like electronics and home appliances are high-potential sectors, as the cost of producing finished products go down.
Regionally, the US is the biggest market for 3D printing technology in the world. Germany contributes to approximately 33% of the total European market. Analyses indicate that China shall become the fastest growing 3D printing market in the world.
Browse the Full report description and TOC at:
https://www.marketinsightsreports.com/reports/01241064716/global-3d-printing-materials-and-services-market-industry-analysis-trends-forecast-2018-2023?&Mode=SD48
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Global 3D Printing Materials And Services Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
Finally, Global 3D Printing Materials And Services Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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