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Global 3D Printing Market Is Expected To Garner Revenue Worth US$32.3 BN By 2025 Attributable To The Presence Of A Meteoric CAGR Of 18%

05-12-2021 08:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: 3D Printing Market

Global 3D Printing Market Is Expected To Garner Revenue Worth

As per expert analysts, the global 3D printing market is expected to garner revenue worth US$32.3 bn by 2025. This figure was earlier clocked at US$7.3 bn in 2016. Moreover, such growth is attributable to the presence of a meteoric CAGR of 18% prophesized to occur during the forecast period from 2016 to 2025.

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The global 3D printing market has been accumulating lucrative opportunities owing to the rising use of technology. The growing awareness about the uses and the benefits of the 3D printing in place of indigenous manufacturing methods will further add to the growth of the market. In addition, continuous innovation in technology and services and devices based on it are also forcing in adopting the changing technologies.

3D printing has simplified ways of working in the manufacturing sector, customization of products, styling, and designing all have grown adequately. High material cost and lack availability of standardized process may slow down the growth of 3D printing market. However, by imparting more knowledge about the 3D printing technique, growing uses in jewelry making, designing printed electronics and in various other areas the market will flourish in forthcoming years.

The market overview section of the report demonstrates the market dynamics such as the drivers, restraints, and opportunities that influence the current nature and future status of this market, key indicators and trends. An attractiveness analysis has also been provided for every segment in the report, in order to provide a thorough understanding of the overall scenario in the 3D Printing market. Moreover, the report provides an overview of various strategies adopted by the key players present in the market. Key market indicators included in the report provide significance of the factors which are capable of changing the market scenario. These indicators are expected to define the market position during the forecast period.

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This report provides all the essential information required to understand the key developments in the 3D Printing market, growth trend of each segment and companies’ strategies to efficiently compete in the market. Also, the report provides insights related to trends and its impact on the market. Furthermore, Porter’s Five Forces analysis explains the factors which are currently affecting the 3D Printing market. This report also provides the ecosystem analysis for the 3D Printing market which explains the participants of the value chain.

Global 3D Printing Market: Segmentation

The report segments the market on the basis of use, technology, application, and regionally. By use the market is further segmented as commercial and personal. On the basis of technology, the market is segmented into PolyJet, Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Stereolithography (SLA) and others. On basis of application, the segments of this market include consumer products and electronics, automotive, medical, industrial, aerospace, military, architecture, education and others. The report provides in-depth segment analysis of the global 3D printing market, thereby providing valuable insights at the macro as well as micro levels.

Geographically, the report classifies the global 3D printing market into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America; the regions are analyzed in terms of revenue generation and also included analysis of countries such as U.S., Mexico, Canada, U.K, France, Italy, Germany, China, India, Korea, Japan, Taiwan, Thailand, Malaysia, Australia, UAE, South Africa, Saudi Arabia, Brazil and Argentina. The market size and forecast for each region and country has been provided for the period from 2015 to 2025 along with the CAGR (%) for the forecast period from 2017 to 2025

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Global 3D Printing Market: Competitive Landscape

The report also highlights the competitive landscape of the global 3D printing market, thereby positioning all the major players according to their presence in different regions of the world and recent key developments initiated by them in the 3D printing market. The comprehensive 3D printing market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting 3D Printing market growth.

Stratasys, Ltd., 3D Systems, Inc., Solidscape, Inc., EOS GmbH, ExOne GmbH, Optomec, Voxeljet Technology GmbH, Concept Laser GmbH, Arcam AB, SLM Solutions GmbH, among others, are some of the major players operating within the 3D Printing market profiled in this study. Details such as financials, SWOT analysis, business strategies, and other such strategic information pertaining to these players have been duly provided as part of company profiling.

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Global 3D Printing Market Segmentation

3D Printing Market, by Use

Commercial
Personal
3D Printing Market, by Technology

PolyJet
Fused Deposition Modeling (FDM)
Selective Laser Sintering (SLS)
Stereolithography (SLA)
Others

3D Printing Market, by Application

Consumer products and electronics
Automotive
Medical
Industrial or business machines
Aerospace
Military & Defense
Architecture
Education
Others

3D Printing Market, by Geography

North America
The U.S.
Canada
Mexico
Rest of North America
Europe
The U.K.
Germany
France
Italy
Rest of Europe
Asia Pacific (APAC)
China
Japan
Korea
Taiwan
Thailand
India
Malaysia
Australia
Rest of APAC
Middle East and Africa (MEA)
UAE
South Africa
Saudi Arabia
Rest of MEA
South America
Brazil
Argentina
Rest of South America

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