Key Players - 3D Systems (U.S.), Stratasys (U.S.), Arcam AB (Sweden), Exone (U.S.)
(PRWEB) December 06, 2013
According to a new market research report on "3D Printing Market by Technology (SLA, SLS, EBM, FDM, EBM, LOM, 3DP), Materials (Polymers, Metal), Application (Aerospace, Automotive, Consumer, Healthcare, Government & Defense) & Geography (Americas, Europe, APAC & ROW) (2013 – 2020)" the 3D printing market is expected to grow at a CAGR of 23% from 2013 to 2020, and reach $8.41 billion in 2020.
Browse 81 market data tables with 46 figures spread through 320 pages and in-depth TOC on 3D Printing Market.
Early buyers will receive 10% customization on this report.
The elements behind the rapid upsurge in the 3D printing market are the innovative and advanced technologies, customized products, governments funding, wide unexploited application market, rapid development of the products at a low cost, and less time-to-market. In addition, the upcoming (in 2014) expiration of patents with respect to the Selective Laser Sintering (SLS) is also believed to provide a further impetus to the growth of the 3D Printer market.
As of 2013, the Americas holds the largest revenue share followed by Europe- in 3D printer machines, materials, and related services. However, Europe is also expected to surpass Americas in terms of the 3D printing market revenue by 2020. The foremost factors accountable for the expansion of 3D printing market include new and improved 3D printing technologies, wide range of materials (polymers, metals/alloys, sand, ceramics, living tissue), government funding, broad application scope, and increased awareness regarding the benefits of 3D printing over traditional techniques (injection molding and CNC machining).
However, APAC is the fastest growing and most promising market for 3D printing due to high industrial growth, technological awareness, supportive government policies, and financial investment by the governments in R&D. The major companies operating in this market are 3D Systems (U.S.), Stratasys (U.S.), Arcam AB (Sweden), Exone (U.S.), and others.
The 3D Printing market is broadly categorized into: technology, materials, application, and geography. All the major segments are further segmented into sub segments. All the segments and sub segments are separately described in the report.
The market is expected to reach $8.41 billion by 2020, at an estimated CAGR of 23% from 2013 to 2020. The major driving factors for the 3D printing market are: ease in the manufacturing of low volume production of complex geometry components, and rapid manufacturing of customized products with regards to various applications such as aerospace, automotive, consumer and healthcare.
In the report, different technologies such as stereolithography, laser sintering, electron beam melting, fused disposition modeling, and laminated object modeling- are discussed. The materials market includes -polymers- and -metals-. The 3D printing market finds its application in the aerospace, automotive, consumer, healthcare, government & defense, industrial machines, and education and research sectors. The geography market is categorized into Americas, Europe, APAC, and ROW.
Browse related reports
Three-dimensional Integrated Circuit (3D IC/Chip) & Through-Silicon Via (TSV) Interconnects Market - Global Forecast & Trend Analysis (2011 - 2016)
3D/4D Technology Market by Products (3D IC, 3D Printer, 3D Display – HMD, 3D Smartphone, 3D TV, 3D Digital Signage), Applications (3D Animation, 3D Printing, 3D Medical Imaging, 3D CAD, 3D Gaming, 3D Cinema) & Technology (Stereoscopy, Auto-Stereoscopy, Volumetric) Focus, Global Forecast & Analysis (2011 – 2016) – Features Introduction to 4D Technology
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including agriculture, advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog at http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors.
Connect with us on LinkedIn at http://www.linkedin.com/company/marketsandmarkets.