Press release
Consumer 3D Printing Market: North America and Europe are expected to witness fast growth
The 3D printing system prints the 3D model of the prototype or design provided to the system. The Consumer 3D Printing Market has gained prominence in few years. There is good demand for this technology in various regions across the globe.The introduction of 3D printing happened decade ago but was chained to industrial application. From past five years the industry marked its entrance into consumer products. The Consumer 3D printing market is growing at a very fast pace with 45% CAGR for next five years. The emerging market is supported by strong demand from the consumers.
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Many companies are trying to bring newer designs to attract consumers towards the Consumer 3D Printing Market. Startups based on 3D printers for consumer products are also growing at a huge pace in North America and Europe. 3D printing in healthcare market has also gained much prominence in the recent years due to the increasing number of applications in the medical and dental surgeries along with the developments in tissue engineering.
The Consumer 3D Printing Market has been segmented into different price ranges. The market is also segmented in Ancillary market with software and hardware service provider analysis for better understanding.
According to IndustryARC market research report, the Consumer 3D Printing Market can be segmented into various categories by price ranges, by materials used, by end users and by geography.
By price ranges: Less than $500, $500-$1000, $1000-$2000, Greater than $2000
By materials used: plastics (PLA, ABS, PVA), metals, ceramics, by forms (powder, filament, liquids)
By end users: homes, educational institutions, small and medium businesses, architects and designers, service providers and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key companies in the Consumer 3D Printing Market research report by IndustryARC are as follows:
• Stratasys
• Evonik
• 3D Systems
• Beijing Tiertime Technology Co. Ltd.
• EOS GmbH Electro Optical Systems
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The Consumer 3D Printing Market is an emerging market with high applications in medical and various end user industries. This market is expected to be profitable for investment with the rise in 3D printing and its applications for various purposes. This market will have a good growth during 2015-2020.
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