openPR Logo
Press release

3D Printing Service Bureaus Market Size, Application, Region and Growth Forecast -2032 | Top Key Player - Stratasys Direct Inc., Sculpteo, FORECAST 3D, Shapeways Inc.

12-20-2022 12:51 PM CET | IT, New Media & Software

Press release from: Persistence Market Research

3D Printing Service Bureaus Market Size, Application, Region

The global 3D printing service bureaus market is anticipated to expand at around 23% CAGR through the period of 2021 to 2031, and reach a valuation of US$ 52 Bn by 2031-end.

With growing adoption of 3D printing solutions and services, countries in East Asia and Europe are expected to witness potential growth opportunities. One of the major reasons for the exponential growth of 3D printing service bureaus is that they facilitate complex designs that cannot be produced with traditional manufacturing techniques.

Conventional manufacturing processes are based on the removal of raw materials to create final products. On the contrary, 3D printing works by building a product layer by layer; hence, it is also referred to as additive manufacturing. Most commonly used 3D printing technologies include Fused Deposition Modeling (FDM), Direct Metal Laser Sintering (DMLS), Laser Sintering (LS), Multi Jet Fusion (MJF), Binder Jetting, and Stereolithography (SL), among others.

Request the sample copy of report @ https://www.persistencemarketresearch.com/samples/19561

Key Takeaways from Market Study

• North America was the leading market in 2020 in terms of value for 3D printing service bureaus. Over the coming years, East Asia is expected to be a key market for sustainable revenue.
• The healthcare & medical devices industry is expected to offer higher incremental opportunity during the forecast period, as need for 3D printing service bureaus is increasing significantly owing to rise in demand for customized devices and production parts.
• There has been rise in demand for 3D printing service bureaus across automotive, industrial, and consumer goods industry verticals owing to increasing demand for customized production parts and on-demand 3D printing services.
• With growing popularity of 3D printing solutions and services, countries in Asia Pacific such as India, China, and Japan are expected to witness potential growth opportunities.
• The market in the U.S. is projected to expand at a CAGR over 21% through 2031, and is expected to continue its dominance in North America.
• China and India are expected to progress at an impressive CAGR of more than 25% each, through 2031.

"Growing demand for customized and on-demand 3D printing solutions and services is a major factor driving the market growth," says a Persistence Market Research analyst.

COVID-19 Pandemic Impact Analysis

The COVID-19 pandemic outbreak disrupted many industries, including the 3D printing service bureaus market. The spread of COVID-19 affected industries in Europe, Asia, and North America, and partially in the Middle East, Africa, and Latin America.

Owing to lockdowns across nations, supply chains and manufacturing processes were significantly affected; however, demand for 3D printing managed to remain stable. Demand for 3D printing services has been on the rise in the medical devices and healthcare industry. Production of ventilators, PPE kits, masks, and other necessary equipment was largely focused on 3D printing of the equipment, rather than importing it. Also, restrictions on import and export during the pandemic has further driven demand for 3D printing service bureaus.

Buy Full Report Now and Get Up to 20% Discount @ https://www.persistencemarketresearch.com/checkout/19561

Key Players :

• Stratasys Direct, Inc.
• Sculpteo
• FORECAST 3D
• Shapeways, Inc.
• Materialise NV
• Vexma Technologies
• Fisher Unitech
• Laser Lines
• 3D Matters
• Makelab

Find More Valuable Insights

Persistence Market Research puts forward an unbiased analysis of the global 3D printing service bureaus market, providing historical demand data (2016-2020) and forecast statistics for the period 2021-2031. To understand the opportunities in this space, the market is segmented on the basis of service (plastic 3D printing services, metal 3D printing services, resin 3D printing services, and others), technology (fused deposition modeling (FDM), direct metal laser sintering (DMLS), laser sintering (LS), multi jet fusion (MJF), binder jetting, stereolithography (SL), and others), application (prototypes, tools & fixtures, and production parts), and industry (automotive, healthcare & medical devices, aerospace & aeronautics, consumer goods, industrial, and others), across six major regions of the world.

Request For Report Customization @ https://www.persistencemarketresearch.com/request-customization/19561

Related Source : https://www.prnewswire.com/news-releases/3d-printing-service-bureaus-market-is-anticipated-to-expand-at-around-23-cagr-through-the-period-of-2021-to-2031-pmr-301314594.html

Some Top Reports -

Keyless Entry System Market - https://www.persistencemarketresearch.com/market-research/keyless-entry-system-market.asp

Inductive Proximity Sensors Market - https://www.persistencemarketresearch.com/market-research/inductive-proximity-sensors-market.asp

RF Filter Market - https://www.persistencemarketresearch.com/market-research/rf-filter-market.asp

US Emergency Management Services Market - https://www.persistencemarketresearch.com/market-research/us-emergency-management-services-market.asp

About us:
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

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 Service Bureaus Market Size, Application, Region and Growth Forecast -2032 | Top Key Player - Stratasys Direct Inc., Sculpteo, FORECAST 3D, Shapeways Inc. here

News-ID: 2856919 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Asia

Asia Private Equity Firm, Asia Private Equity Management, Asia Private Equity Se …
The private equity market in China has been rapidly growing in recent years. Private equity (PE) refers to the purchase of shares in a company that are not publicly traded on a stock exchange. PE firms typically target companies that are undervalued or in need of capital for growth, and aim to improve the company's operations and financial performance before selling it at a higher value. https://boomingfaucet.com/ Asia Private Equity Consulting E-mail:nolan@pandacuads.com In China,
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019". The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients. Asked to comment on the move, Luke Palmer, the