Press release
Asia-Pacific 3D Printing Market Major Geographies, Prominent Players Review and Forecast 2021 to 2025 | 3D Systems Corporation, Arcam AB, Royal DSM N.V., Stratasys Ltd., Autodesk, Inc.
The Asia-Pacific 3D Printing Market stood at US$ 3,808.0 million in 2018 and is expected to grow at a CAGR of --% during the forecast period 2019-2025. The market for additive manufacturing in the Asia-Pacific region has grown considerably primarily accredited to rising research and development initiatives, manufacturing disruption and surge in regulatory support by government bodies. However, high rate of unemployment, lack of technological understanding in 3D printing and designing environment unconducive for experimentation pose as some of the bottlenecks in the growth potential of Asia-Pacific 3D printing market. As the global manufacturing digitally transforms, businesses aim to divert themselves where 3D printing is fully embraced with developed ecosystem, is equipped with highly skilled workforce in 3D Printing and has appropriate research and development facilities. Conducive environment is anticipated to create strong customer base that can propel the demand for 3D printing and further enhance initiatives for research and development comprising of government support and incentives.Download Free Sample of this Report-https://univdatos.com/report/asia-pacific-3d-printing-market-2/
Asia Pacific 3D printing has stimulated its spending within the various areas of 3D printing domain comprising of 3D printers (hardware), 3D printing materials paired burgeoning expenditure in various industry verticals. It has been estimated that industrial manufacturing dominated in 3D printing with spending valued at US$ 1 Billion during 2018 and is further anticipated to reach beyond US$ 1.5 Billion by 2021. Although hardware component generated the largest revenues in the past few years, the focus on material components is also anticipated to drive the future spending towards the respective technique. In addition, service segment will continue to remain the key contributor of the market. In addition, education and health care is also projected to display the drastic growth in 3D printing wherein learning or research activities and printing of dental objects, surgical models are projected to dominate in near future.
“The Product segment dominated the North America 3D printing market in 2018”
The report analyses 3D Printing market report majorly based on component, technology, applications and end users. Products, materials and services are the major components considered in the deep analysis of the 3D printing industry.
“Fused Deposition Modelling dominated the technology segment of North America 3D Printing market in 2018”
Stereolithography, Selective Laser Sintering, Electron Beam Melting, Fused deposition modelling, Laminated object Manufacturing and Others are the major technologies considered while analysing the regional 3D printing market. Fused Deposition Modelling, Selective Laser Sintering and Stereolithography constitute as the topmost technologies in 3D printing. Fused Deposition Modelling occupied the largest share in 2018 as it is one of the prominent and user-friendly technology that is widely used to create 3D printed objects
Download Free Sample of this Report-https://univdatos.com/report/asia-pacific-3d-printing-market-2/
“3D Printing is majorly applied for Functional parts manufacturing”
Based on application type, Asia-Pacific 3D printing market is bifurcated into functional parts, fit and assembly, prototype modelling, education, metal casting, Visual Aids, Presentation Modelling and other applications. Functional parts captured maximum share during 2018 owing to its fast speed, quality and low cost of additive manufacturing.
“Amongst End User, manufacturing industry held the maximum share in 2018 and is anticipated to maintain its dominance throughout the forecast period 2019-2025”
The major 3D printing end users covered in report are education, automotive, aerospace & defence, healthcare, consumer goods, manufacturing, construction and others. Manufacturing sector dominated 3D printing landscape during 2018 owing to bolstering digitalization wherein 3D printing solutions have paved way for manufacturing companies.
“Japan dominates the Asia-Pacific 3D printing market and is expected to remain dominance throughout the forecast period”
The Asia-Pacific market is analysed based on its outreach in the countries such as China, Japan, India, Singapore, Australia, South Korea and rest of Asia Pacific. Japan and China altogether majorly constitute as force behind the boom of 3D printing in Asia Pacific owing to Chinese government support in terms of 3D printing strategies and fiscal support. Moreover, China also aims to invest US$ 240 Million in next few years with an objective to boost development of 3D printing technique in China. Moreover, influx of numerous players in 3D printing and technological advancements and research in Japan has further contributed both these countries to become the leading ones in 3D printing domain. Hence, projected consumer trends and innovation investments will propel 3D printing demand and supply in Asia Pacific region. Japan 3D printing market was valued at US $XX Million during 2018.
Download Free Sample of this Report-https://univdatos.com/report/asia-pacific-3d-printing-market-2/
Competitive Landscape-Top 10 Market Players
Key companies profiled in the report include 3D Systems Corporation, Arcam AB, Royal DSM N.V., Stratasys Ltd., Autodesk, Inc., The ExOne Company, Höganäs AB, Organovo Holdings, Inc, Mcor Technologies Limited and Voxeljet AG.
Reasons to buy (The research report presents):
• Current and future market size from 2018 to 2025 in terms of value (US$)
• Combined analysis of deep dive secondary research and input from primary research through Key Opinion Leaders of the industry
• Country level details of the overall market of 3D printing
• Country level details of the overall adoption of 3D printing technology
• A quick review of overall industry performance at a glance
• An In-depth analysis of key industry players
• A detailed analysis of regulatory framework, drivers, restraints, key trends and opportunities prevailing in the industry
• Examination of industry attractiveness with the help of Porter’s Five Forces analysis
• The study comprehensively covers the market across different segments and sub-segments of the 3D Printing global market
• Countries covered: Japan, China, India, South Korea, Singapore, Australia and Rest of APAC
Customization Options:
The Asia Pacific 3D Printing market can be customized for different region in Asia-Pacific and at country level as well. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.
Request for full report- https://univdatos.com/report/asia-pacific-3d-printing-market-2/
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About UnivDatos Market Insights
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
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