Global 3D Printing Market 2019: By Product Type, Industry Challenges, Development & Innovation, Verticals, Research Trends, End User and Forecast to 2024
This Report Focuses on the Global 3d Printing Market Status, Future Forecast, Growth Opportunity, Key Market Insights and Key Manufacturers. The Study Objectives Of This Report Are To Present the 3D Printing Market Development in United States, Europe and China.
Dallas, United States – February 18, 2019 /MarketersMedia/ —
Global 3D Printing Market Research Report 2019-2024
The Global 3d Printing Market is segmented based on component, sub-component, technology, applications and industrial verticals. Product (industrial and desktop printer), material (polymer, metal & alloy, ceramic and other) and services are the types of components considered while analyzing and defining the penetration of 3D printing technology in different geographies and countries In 2017, product segment dominated the global 3D printing market with a maximum share in terms of revenue. Based on estimation, the segment occupied for around 36.8% share in the same year. However, increasing demand for desktop printers would help the product segment to grow at a faster rate of 23.3% during the forecast period (2018-2024).
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3D printing offers integration of metals & alloys with other raw materials as per the requirement of the end-user industry, to create specified 3-dimensional objects. During 2017, polymer held a prominent share of 33.5%, followed by plastic which held 30.6% during the same year. Polymer market in global 3D printing was valued at US$ 469 Million in 2017 and is projected to derive US$ 2,388.5 Million revenues by 2024 witnessing astonishing CAGR of 26.4% during the forecasted period. In addition, Custom Design and Manufacturing held more than 50% share and garnered US$ 589.9 Million revenues during 2017. Based on technology, the global 3D printing market is segmented into stereolithography, selective laser sintering, electron beam melting, fused deposition modeling, laminated object manufacturing and others. Furthermore, depending on application type, the market is further classified into Functional Parts, Fit and Assembly, Prototype Modelling, Education, Metal Casting, Metal Casting, Visual Aids and Presentation Modelling.
Moreover, benefits of 3D printing can also be witnessed among various industry verticals such as Education, automotive, aerospace & defense, healthcare, consumer goods, manufacturing, construction and others where the additive manufacturing has turned out to be a game changer. Automakers and raw material suppliers for manufacturing sector have realized the benefits of 3D printing solutions, eventually increasing the demand for 3D printing solutions in these industries. In the automotive industry, the use of 3D printing technology has been successful in bring about new shapes to the industry, allowing the industry to produce lighter and more complex structures at affordable price ranges. Manufacturing sector was accounted as the fastest growing industry vertical in terms of its applications in 3D printing. Based on estimation, the respective segment is projected to generate revenue of US$ 4,957.1 Million in by 2024 displaying tremendous CAGR of 25% during the forecasted period in the 3D printing market at global scale.
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Numerous companies have forayed in the global 3D printing market that offers 3D printers, 3D printing materials, and 3D printing services. With an objective to enhance their product portfolio, the major market players have entered into various acquisitions and collaborations. Major players in this market comprise Stratasys Ltd., The ExOne Company, Optomec, Inc., Organovo Holdings, Inc., Arevo Labs, 3D Systems Corporation, Arcam AB, Royal DSM N.V., Hoganas AB, Mcor Technologies Ltd., Voxeljet AG
Also, for better understanding of 3D Printing market penetration, the market has been analyzed as per different geographies and countries, including North America (U.S., Canada, Mexico and Rest of North America), Europe (Germany, U.K., France, Russia, Spain, Italy and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Taiwan and Rest of Asia Pacific) and Latin America (Brazil, Argentina, Chile and rest of Latin America), and Middle East and North Africa (UAE, Saudi Arabia, Egypt, Kuwait, Qatar, Algeria and rest of Middle East and North Africa. Based on estimation, North America accounted for revenue share of 55% in 2017. Positive impact on businesses of manufactures and customized production with the innovative technology has bolstered the growth of global 3D printing market. While Europe and Asia Pacific followed the lead by occupying 20.6% share and 12.2% share during 2017.
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Some Major Table of Content (TOC) Points:
Global 3D Printing Market Research Report 2019
1 Market Introduction
2 Research Methodology or Assumption
3 Industry Performance
4 Executive Summary
5 Market Overview
6 Market Insights By Component
7 Market Insights By Technology
8 Market Insights, By Applications
9 Market Insights, By End User Industry
10 Market Insights By Region
11 Competitive Scenario
12 Company Profiles
12.1 3d Systems Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Key Product/Services Offerings
12.1.4 SWOT Analysis
12.1.5 Key Financials
12.1.5.1 Revenue Split by Region
12.1.6 Recent developments
12.2 ARCAM AB
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Key Product/Services Offerings
12.2.4 SWOT Analysis
12.2.5 Key Financials
12.2.5.1 Revenue Split by Region
12.2.6 Recent developments
12.3 ROYAL DSM N.V.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Key Product/Services Offerings
12.3.4 SWOT Analysis
12.3.5 Key Financials
12.3.5.1 Revenue Split by Region
12.3.5.2 Revenue Split by Products
12.3.6 Recent developments
12.4 STRATASYS LTD
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Key Product/Services Offerings
12.4.4 SWOT Analysis
12.4.5 Key Financials
12.4.5.1 Revenue Split by Region
12.4.6 Recent developments
12.5 AUTODESK INC
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Key Product/Services Offerings
12.5.4 SWOT Analysis
12.5.5 Key Financials
12.5.5.1 Revenue Split by Region
12.5.6 Recent developments
12.6 THE EXONE COMPANY
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Key Product/Services Offerings
12.6.4 SWOT Analysis
12.6.5 Key Financials
12.6.5.1 Revenue Split by Region
12.6.6 Recent developments
12.7 HOGANAS AB
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Key Product/Services Offerings
12.7.4 SWOT Analysis
12.7.5 Recent developments
….Continued
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