openPR Logo
Press release

3D Printing: The Next Big Thing in Manufacturing

05-20-2022 08:48 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

Key drivers of the 3D Printing Industry

There are many different factors that are driving the growth of the 3D Printing industry. One of these factors is the increasing demand for customized products.

Customers are increasingly looking for products that are tailored to their specific needs, and this trend is only going to increase in the future. This means that companies who can offer custom products will have a huge advantage over their competitors.

3D printing market size and forecast

3D printing is considered to be the next big thing in manufacturing. The technology has the potential to revolutionize the way products are designed and manufactured. In fact, 3D printing market is expected to grow from USD 12.6 billion in 2021 to USD 34.8 billion by 2026, at a CAGR of 22.5%

3D printing has a number of benefits that make it a powerful tool for manufacturing. These benefits include:

Speed - 3D printing can quickly produce customized products, allowing manufacturers to react quickly to changes in demand.

Product quality - With 3D printing, products can be produced with high quality levels, even if they are produced in small quantities.

Reduced waste - 3D printing can reduce the amount of waste that is generated during manufacturing processes. This helps to improve environmental sustainability.

3D printing can be used to produce a wide range of products, including medical devices, jewelry, and toys. It is also being used to create new types of materials and components for electronics and automobiles.

Manufacturing innovation and opportunity

3D printing is a new technology that is revolutionizing manufacturing. It has the potential to change the way products are made and could be the next big thing in manufacturing.

3D printing is a process where objects are created by building up layers of material one on top of the other. This technology has been used in the past to create prosthetic limbs and 3D printed objects, but it has recently been used to create products that are more durable and practical.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1276

One example of a product that is being manufactured using d printing is car parts. Cars are traditionally manufactured using a process called injection molding, which involves injecting plastic into a mould and then ejecting the finished product. However, this process is not always ideal for car parts. For example, car parts can be delicate and need to be precise in order to function properly.

3D printing can help to address some of these issues. First, it can create parts that are tougher and more durable. Second, it can speed up the process of creating car parts by allowing them to be created in a more flexible format. This means that car manufacturers no longer have to wait for large quantities of plastic to be produced before they can start manufacturing car parts.

Challenges in 3D printing involve

3D printing is a revolutionary technology that is changing the way businesses operate. The technology allows businesses to create products from multiple materials in one print job.
One of the biggest challenges businesses face when using 3D printing is the fact that it is difficult to produce high-quality products without consistent error rates.

There are a few things that businesses can do to minimize the errors associated with 3D printing. They can use quality control measures in the design process, they can use reliable manufacturing processes, and they can use quality control inspectors to check for errors during production.

3D printing is a powerful tool that can help businesses to save money on costs and to speed up the production process.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release 3D Printing: The Next Big Thing in Manufacturing here

News-ID: 2630848 • Views:

More Releases from MarketsandMarkets

eFuse Market is Projected to Reach $674 million by 2029 | Leading key players are Analog Devices, Inc., STMicroelectronics, Monolithic Power Systems, Inc.
eFuse Market is Projected to Reach $674 million by 2029 | Leading key players ar …
According to a research report "eFuse Market Type (Auto Retry, Latched), Package Type (Small Outline No Lead, Dual Flat No Leads, Quad Flat No Leads, Think Shrink Small Outline Package), Application, End User, & Region - Forecast to 2035" published by MarketsandMarkets, the eFuse market is projected to reach USD 674 million by 2029 from an estimated USD 557 million in 2024, at a CAGR of 3.9% during the forecast
Battery Recycling Market worth $54.3 billion by 2030 | Key players Aqua Metals, Inc. (US), Call2Recycle, Inc. (US), Cirba Solutions (US), Fortum (Finland), GEM Co., Ltd. (China).
Battery Recycling Market worth $54.3 billion by 2030 | Key players Aqua Metals, …
According to recent market research the "Battery Recycling Market by Source (Automotive Batteries, Industrial Batteries, Consumer & Electronic Appliance Batteries), Chemistry (Lead Acid, Lithium-based, Nickel-based), Material (Metals, Electrolyte, Plastics) and Region - Global Forecast to 2030", is projected to grow from USD 26.9 billion in 2023 to USD 54.3 billion by 2030, at a CAGR of 10.5%. The mounting demand for electric vehicles to limit the rising pollution levels has
Waterproofing Admixtures Market worth $8.0 billion by 2028 | Key players Sika AG (Switzerland), Saint-Gobain S.A. (France), Mapei S.p.A. (Italy), Fosroc, Inc. (UAE).
Waterproofing Admixtures Market worth $8.0 billion by 2028 | Key players Sika AG …
According to recent market research the "Waterproofing Admixtures Market by Type (Pore Blocking Admixtures, Crystalline Admixtures, Densifier), Application (Residential, Commercial, Infrastructure), and Region (Asia Pacific, Europe, North America, MEA, South America) - Global Forecast to 2028", size was USD 5.3 billion in 2022 and is projected to reach USD 8.0 billion by 2028, at a CAGR of 7.4%, between 2023 and 2028. The market is projected to grow because of
Combined Heat and Power Market Size to Grow $39.2 billion by 2029 | GE, Siemens Energy, Veolia, Wärtsilä , 2G Energy
Combined Heat and Power Market Size to Grow $39.2 billion by 2029 | GE, Siemens …
According to a research report "Combined Heat and Power Market by Prime Mover (Gas Turbine, Steam Turbine, Reciprocating Engine, Fuel Cell, Microturbine), Capacity (Up to 10 MW, 10-150 MW, 151-300 MW, Above 300 MW), Fuel, End User and Region - Global Forecast to 2029" published by MarketsandMarkets, the Combined heat and power market is projected to reach USD 39.2 billion by 2029 from an estimated USD 30.4 billion in 2024,

All 5 Releases


More Releases for MarketsandMarkets™

MarketsandMarkets™ predicts IPTV Market Size worth $115.2 billion by 2026
The global IPTV Market size is projected to grow from USD 50.9 billion in 2021 to 115.2 USD billion in 2026, at a Compound Annual Growth Rate (CAGR) of 17.8% during the forecast period. The major factors driving the growth of the IPTV Market are the growing preference for video-on-demand and growing demand for high-definition channels, Increase in internet video advertising, and rising internet penetration. Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=79583912 Browse in-depth
Data Fabric Market worth $4.2 billion by 2026 | MarketsandMarkets™
According to a new market research report "Data Fabric Market by Type (Disk-Based, In-Memory), Business Applications (Fraud Detection and Security Management, Customer Experience Management, Business Process Management, GRC Management), Service, Vertical and Region - Global Forecast to 2026" published by MarketsandMarkets™, the market size to grow from USD 1.0 billion in 2020 to USD 4.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 26.3% during the forecast
Smart Shelves Market worth $7.1 billion by 2026 | MarketsandMarkets™
According to a new market research report "Smart Shelves Market by Component (RFID Tags and Readers, ESL, IoT Sensors, Cameras, and Software and Solutions), Application (Inventory Management, Pricing Management, Content Management, and Planogram Management), and Region - Global Forecast to 2026" published by MarketsandMarkets™, the market size expected to grow from USD 1.8 billion in 2020 to USD 7.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of
Conversational AI Market worth $13.9 billion by 2025 | MarketsandMarkets™
According to a new market research report "Conversational AI Market by Component (Platform and Services), Type (IVA and Chatbots), Technology (ML and Deep Learning, NLP, and ASR), Application, Deployment Mode (Cloud and On-premises), Vertical, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the market size expected to grow from USD 4.8 billion in 2020 to USD 13.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of
Private LTE Market worth $7.5 billion by 2025 | MarketsandMarkets™
According to a new market research report "Private LTE Market by Component (Infrastructure and Services), Technology (FDD and TDD), Deployment Model (Centralized and Distributed), Frequency Band (Licensed, Unlicensed, and Shared Spectrum), End User, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the market size projected to grow from USD 4.0 billion in 2020 to USD 7.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 13.6%
5G Security Market worth $5,226 million by 2026 | MarketsandMarkets™
According to a new market research report "5G Security Market by Component (Solutions (Next-Generation Firewall, Antivirus, DDOS Protection, DLP, Security Gateway) and Services), Network Component Security, Architecture, Deployment Type, End User, Vertical, and Region - Global Forecast to 2026" published by MarketsandMarkets™, the market size projected to grow from USD 580 million in 2020 to USD 5,226 million by 2026, at a Compound Annual Growth Rate (CAGR) of 44.3% during