A new report on the global 3D printing market is released by Emergen Research, showcasing current developments and emerging trends in the market. The report offers a comprehensive overview of the market along with details on market size, market share, revenue growth, and major companies. The report covers all the crucial and essential information related to the global 3D Printing market to help readers, investors, and clients to gain a thorough understanding of the market and invest accordingly. Various advanced statistical tools like SWOT analysis or Porter’s five forces are used in the report.
The Global Three-Dimensional (3D) Printing Market The size reached USD 16.86 billion in 2021 and is expected to register a revenue CAGR of 21.8% during the forecast period. Growing demand for 3D printing technology in healthcare and aerospace sectors is driving the market revenue growth. The adoption of 3D printing technology in various industries has increased due to the improved accuracy of end products created using this technology.
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3D printing opens up new possibilities for the design, manufacture and performance of architectural forms, materials and building systems. It is a new, adaptable method of product development that uses digital software such as computer-aided design (CAD) to create multiple thin layers, which are then sent to the 3D printer for manufacturing. The technology allows manufacturers to print custom products to specified standards.
The report offers a comprehensive analysis of the global 3D printing market on a global and regional scale and offers an 8-year market forecast. The report provides extensive coverage of market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging market trends. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial status, and global standing. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government agreements, licensing agreements, etc.
Companies Featured in Global 3D Printing Market:
3D Systems, Inc., Stratasys Ltd., GE Additive, EOS, voxeljet AG, SLM Solutions, Optomec Inc., Proto Labs, Nano Dimension and Materialise.
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The regional bifurcation of the 3D printing market includes:
North America (USA, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region and presence. of key players in the region.
Emergen Research has segmented the global 3D printing market on the basis of supply, process, application, end-use, and region:
Powder bed fusion
Light curing in tank
Directed Energy Deposit
Manufacture of functional parts
Aerospace and Defense
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The aerospace and defense industries were among the first to use 3D printing technology. Real functional aircraft parts such as wall panels, air ducts and even structural metal components are printed using this technology. Aircraft manufacturers such as Airbus and Boeing use 3D printing technology to create complex geometries without the need for expensive tools. Additionally, metal 3D printing is increasingly being used in rocket manufacturing because it allows manufacturers to print parts faster.
The printer segment accounted for the largest revenue share in the global market in 2021, owing to the growing adoption of printers owing to the design flexibility, affordability, rapid prototyping and cost effectiveness that this process offer.
Additionally, these printers can be configured to print any part or module continuously, reducing material costs and ensuring little or no raw material waste. Printers are therefore widely used for personal, professional and industrial purposes.
Key questions answered by the report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements in the market?
What are the key strategies adopted by the leading players in the 3D Printing market?
What are the main types of products and applications in the 3D printing industry?
What is the result of the SWOT analysis and Porter’s five forces analysis?
What is the competitive landscape of the 3D Printing Market?
Who are the major players in the industry?
What is the growth rate of the industry in the coming years?
What will be the valuation of the 3D printing market by 2030?
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