Albany, NY (PRWEB) February 19, 2014
The 3D printing market has seen rapid growth in recent years due to its increasing applications across different sectors Such as consumer products and electronics, automotive, medical, industrial and aerospace.
Browse Global 3D Printing Market Report with full TOC at http://www.transparencymarketresearch.com/3d-printing-industry.html
Decreasing cost of 3D printers and its increasing adoption across the government and education sectors is further expected to spur the demand in the coming years. Additionally, 3D printer manufacturers are continuously focusing on the development of new 3D printing materials, which would provide improved surface finish and high strength 3D models.
This market has been segmented by use, by technology, by application and by geography. It also includes the drivers, restraints and opportunities, Porter’s five forces analysis and value chain of the 3D printing market. The study highlights current market trends and provides forecast from 2013 to 2019. We have also highlighted future trends in the market that will impact demand.
By geography, the market has been segmented into North America, Europe, Asia Pacific and RoW. In addition, the market attractiveness analysis provided in the report highlights key investing areas in this industry. The report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.
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3D printing is a form of additive manufacturing, where a 3D object is created by layer-by-layer deposition of a printing material. The basic principles in 3D printing include flexibility of output, material cartridges and translation of code into a visible pattern. Various industries such as footwear, architecture and automotive among others use 3D printing. This technology is used for rapid prototyping, speedy manufacturing, mass customization and mass production. Manufacturers are increasing the use of this technology due to the ease of using this technology compared to the traditional methods. Thus, the demand for 3D printing is expected to experience robust growth in both commercial and personal printing applications in the coming years.