The global 3D printing market is expected to grow at the CAGR of 15.4% during 2016-2022. The global 3D printing market is majorly driven by growing adoption across broad spectrum of industries automotive, aerospace, dental, discrete, high tech, and medical products. However, among various industrial applications Healthcare is growing at the highest CAGR of xx% during 2016-2022. The most common reasons why companies are pursuing 3D printing are prototyping, product development and innovation. Several technology trends such as low priced mid-level 3D printers, high end software providing preciseness development of are expected to boost the market growth in coming years.
The 3D printing companies such as 3D systems, ARCAM AB are constantly focusing on reducing the cost of the products. Also with increasing competition in the market companies are focusing on customized products. Customization of 3D printing products such as knee joint and hip joints will help the companies to expand in healthcare sector.
Globally, North America leads the global 3D technology, with high investments from manufacturers due to growing demand. However, Europe and APAC together covers almost xx% of the market. Both the regions are expected to create significant opportunities for the growth of the market during the forecasted years. Advanced technological developments in 3D printing materials and growing manufacturing industry are the major drivers.
The report covers detailed market overview, market determinants, sector analysis, patent analysis, company profiling, market segmentation, geographical analysis, key company analysis, gap analysis, key findings, strategic recommendations, market estimations, market insights, analyst insights and predictive analysis of the market.
The key players in the global 3D printing market include Stratasys Ltd., 3D systems, Materialise, and The ExOne Company. Other companies profiled in the report include, ARCAM AB, Envisiontec, Luxexcel, Makerbot industries LLC, MCORT technologies Ltd. And so on. Innovation is the key strategy adopted in the 3D printing technology market. Also companies are looking forward to venture in to emerging areas such as fashion and gaming and sports.
OMR report covers:
- Comprehensive research methodology of global 3D printing market
- In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global 3D printing market
- Insights about market determinants which are stimulating the global 3D printing market
- Detailed and extensive market segments with regional distribution of forecasted revenues
- Extensive profiles and recent developments of market players