Market Research Report
3D Printing Market, By Use, by Technology, by Application and by Region - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
|Published by||Coherent Market Insights||Product code||948380|
|Published||Content info||140 Pages
Delivery time: 2-3 business days
|3D Printing Market, By Use, by Technology, by Application and by Region - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027|
|Published: June 25, 2020||Content info: 140 Pages||
3D Printing Market, By Use (Commercial and Personal), by Technology (Polyjet, FDM, SLS, SLA, Others), by Application (Consumer electronics, Automotive, Medical, Industrial or business machines, Aerospace, Military and defense, Architectural, Education and Others ) and by Region (North America, Europe, Asia Pacific, RoW) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027.
3D printing is the process which involves layer by layer addition of material to form a three dimensional object from a software. The three dimensional object is created with the help of computer-aided-design (CAD) software. The material used for 3D printing process are polymers, ceramics and metals. 3D printing allows to produce complex shapes using minimal materials as compared to traditional manufacturing methods. Nowadays, CNC machines are replaced by 3D printing which produces multiple patterns within a very short time as well as reduced cost compared to the traditional pattern-making techniques.
Rising adoption of 3D printers among manufacturers is expected to drive the growth of 3D printing over the forecast period. This is attributed to its accuracy in printing objects. 3D printing technology is mainly used by the manufacturers to identify deficiency or discrepancies and to improve performance of the machines. This technology allows major players to manufacturer products according to the customer preferences. Moreover, 3D printing enables manufactures to optimally use raw materials and produce reliable products.
Furthermore, increased application of 3D printing in healthcare sector is expected to drive the growth of this market. Healthcare sector is now focusing on reducing costs, improving quality and becoming more patient-centric. This technology is helpful to people who are using prosthetic arms and legs. As this technology is used to produce artificial body parts for the people, time to produce body parts has reduced. For instance, in November 2016, Bioniks, launched first 3D printed prosthetic arm for a five-year-old boy in Pakistan. Hence, healthcare sector is expected to create lucrative opportunities for this market.
This report segments the global 3D printing market on the basis of use, technology, application and region. On the basis of use 3D Printing market is segmented into commercial and personal. On the basis of technology, the global 3D Printing market is segmented into Polyjet, FDM, SLS, SLA, Others. On the basis of application, the global 3D printing market is segmented into Consumer electronics, Automotive, Medical, Industrial or business machines, Aerospace, Military and defense, Architectural, Education and Others. On the basis of region, the global 3D printing market is segmented into North America, Europe, Asia Pacific, ROW.
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