Press release
Automated 3D Printing Market Competitive Insights and Precise Outlook 2021 – 2025: Stratasys Ltd, Concept Laser Inc (GE Additive)
The Global Automated 3D Printing Market Report provides a study with an in-depth overview, describing the product/industry scope and elaborates market outlook and status (2021-2025). The report is curated after in-depth research and analysis by experts. The report provides comprehensive valuable insights on the global Automated 3D Printing market development activities demonstrated by industry players, growth opportunities, and market sizing with analysis by key segments, leading and emerging players, and geographies.The Automated 3D printing market was valued at USD 507.8 million in 2020 and is expected to grow at a CAGR estimated around 37.14% over the forecast period
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Top Companies in the Global Automated 3D Printing Market: Stratasys Ltd, Concept Laser Inc (GE Additive), The ExOne Company, SLM Solutions Group AG, 3D Systems Corporation, Universal Robots A/S, Formlabs, PostProcess Technologies, Materialise, Authentise, NVBOTS, DWS Systems, Coobx, ABB Group
Industry News:
- March 2020 - ABB announced the introduction of 3D printing capabilities of its PowerPac Software to its RoboticStudio stimulation. This allows users to program the ABB robots for 3D printing, unlike traditional 3D printing methods that required users to program the printing paths by plotting points and trajectories. The solution is said to support a variety of processes such as printing with granules, welding, mix printing among others.
Key Market Trends
Use of Robots in Automated 3D Printing is expected to drive the Growth of the Market
- Over the years, researchers around the world have been working towards developing solutions and methods that would cater to the demand for automation in 3D printing, one such approach was the combination of robotics technology with 3D printing to automate the tasks although it initially did not gain much momentum owing to its complexity, however, with vendors integrating simulation software with their robotic 3D printing technology is driving the growth of the market
- Also, with 3D printing gaining momentum industries such as Oil & Gas, Medical in addition to Automotive and Aerospace that rely on composite materials to make strong yet light material structures is constrained by labor-intensive process and geometric limitations which can be countered leveraging robotic technologies. for instance, Stratasys' robotic composite 3D demonstrator which is powered by Siemens software delivers composite 3D printing using its 8-axis motion system.
Regional Analysis:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America Holds Major Market Share
- The North America region is one of the lead innovators and pioneers, in terms of adoption of 3D printing, Robotics, AI among others is expected to hold a prominent share in the Automated 3D printing market. Amongst the 3D printing inventions coming from all corners of the world, many of the inventors of the patents and applications reside in the United States
- According to the National Conference of State Legislatures, the US economy is expected to USD 600 to USD 900 billion if they are able to capitalize on the growing 3D printing market upon with further operational efficiencies with automation will drive the growth of the market
- Additionally, growing government support is also attracting many investors to invest in R&D programs. for instance, the United States has funded 3D printing R&D in academia via America Makes and promoted initiative through SBIR
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- Assess the production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the market and its impact in the global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for the Automated 3D Printing market.
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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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