3D Printing Market at a Highest CAGR of 26.0% with Top Competitors like Asiga, Aspect Inc., Autodesk Inc., B9Creations Llc, BASF SE, Beijing Tiertime and Global Forecast
Global 3D Printing Market accounted to USD 5.0 billion in 2016 growing at a CAGR of 26.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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3D Printing Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors:
- 3D Systems
- 3DOM Filaments Ltd.
- Align Technology
- American Graphite Technologies Inc.
- Arcam AB
- Architected Materials
- Autodesk Inc.
- B9Creations Llc
- BASF SE
- Beijing Tiertime
- Biobots Inc.
- Bolson Materials Inc.
- Bucktown Polymers
- Cellink Ab
- Choc Edge Ltd.
In 2017, CSM Bakery Solutions and 3D Systems announce agreement to bring 3d print designs to the food industry.
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Major Market Drivers and Restraints:
- Reduction in Manufacturing Cost
- Government Investments in 3D Printing Projects
- High Cost of Materials
- Product Size limitation
- Lack of Standard Process Control
On the basis of offerings the 3D Printing Market is segmented into Printer, Material, Software, and Service. The software & service market is expected to grow in the forecasted period.
On the basis of application the 3D Printing Market is segmented into Prototyping, Tooling, and Functional Part Manufacturing. The Prototyping market is expected to grow in the forecasted period.
On the basis of end-user the 3D Printing Market is segmented into Automotive, Aerospace and Defense, Healthcare, Architecture and Construction, Consumer Products, Education, Engineering, Energy, Printed Electronics, Jewelry, Food and Culinary, Others. The aerospace and defense market is expected to grow in the forecasted period.
On the basis of geography, 3D Printing Market report covers data points for 28 countries across multiple geographies such as
- North America
- South America
- Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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