Global 3D printing Market is forecast to grow at CAGR of 16.8% from 2014 to 2021

2024-04-17 03:58:50 Technology

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Florida, Mar 07: 3D printing is a process of making a three dimensional (3D) object based on 3D model data using additive materials. It is also known as additive printing technology or additive manufacturing. 3D printing works through an industrial robot or 3D printer. In the printing process, the computer controls the material that is placed in layers to form geometry shapes. In addition, complex designs are manufactured using 3D printing technologies in various fields.

Fused Disposition Modeling (FDM), Wax Disposition Modeling (WDM), Stereo-lithography (SLA), Binder-Jetting, Poly-Jet Printing, Selective Laser Sintering, Direct Metal Laser Sintering, Electron Beam Melting (EBM), Laminated Object Manufacturing (LOM), Three-Dimensional Inkjet Printing (3DP), and other are the technologies that are used in the global 3D printing market.

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Polymers, metals, ceramics, etc. are the materials used in 3D printing depending on the need of the industry. These materials are further bifurcated such as polymers that includes polylactic acid (PLA), low-density polyethylene, photopolymers, acrylonitrile butadiene styrene (ABS), high-density polyethylene, nylon, and others polymers; Metals and alloys are classified as titanium, copper, nickel, cobalt, gold, steel, silver, aluminum, and other metals and alloys; ceramics are bifurcated as glass, silica, quartz, etc., and others segment can be broadly classified as wax, lay wood, metal foil, porcelain, edible materials, clay, paper, etc.

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Acrylonitrile butadiene styrene (ABS) and polylactic acid (PLA) are the major sub-segments of polymer materials in the global 3D printing market. These plastics are used for its durability and flexibility with wide color ranges. Metals are strong but expensive material to be used in this industry.

The industries where the 3D printing methods majorly applied are government & defense, aerospace, automotive, consumer products, healthcare, industrial/business machines, education & research, arts, architecture, and forensics. Healthcare is estimated to be the emerging application industry for the forecast period. Aerospace and automotive industries are the driving force in the growth of global 3D printing market.

Europe is the leading geography in terms of revenue generation followed by North America. These regions are estimated to flourish in the forecast period. Asia Pacific is an emerging geography in the global 3D printing market. 3D Systems, Inc., Stratasys Ltd., Arcam AB, Envision TEC, EOS, ExOne, Luxexcel Group BV, MakerBot Industries, LLC, Materialise NV, Mcor Technologies Ltd., Microtec Gesellschaft Fur Microcomputervertrieb MBH, Orgnavo Holdings, Inc., Optomec, and Voxeljet AG are the leading companies in the global 3D printing market.

Market Research Engine is involved in providing research reports and company profiles in the global 3D printing market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The 3D printing market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our 3D printing profiles.

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SEGMENTATIONS IN REPORT:

3D Printing By Technology

Stereo lithography
Selective Laser Sintering
Electron Beam Melting
Fused Deposition Modeling
Laminated Object Manufacturing
Others

3D Printing By Material

Polymers
Thermoplastic
Acrylonitrile Butadiene Styrene (ABS)
Polylatic Acid (PLA)
Polyvinyl Alcohol
Polyethylene (PE)
Nylon
Photopolymer
Metals And Alloys
Titanium
Gold
Silver
Aluminium
Steel
Others
Ceramics
Glass
Silica
Quartz
Others
Others
Paper
Porcelain
Edible Materials
Clay

3D Printing By Application Areas:

Aerospace
Automotive
Healthcare
Consumer Products
Industrial Products
Defense
Education and Research
Others (Including Architecture, Arts, Etc.)

3D Printing By Geography:

Asia Pacific
North America
Europe
Latin America
Middle East And Africa

GLOSSARY:
3D Printing: 3D printing is a process of making a three dimensional (3D) object based on 3D model data using additive materials.

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