Global 3D Printing Market Trends 2020 | Industry Growth, Size, Share, Demand and Future Scope 2027

The global 3D Printing market is expected to cross $11 billion growing impressively at a CAGR more than 27% during 2016-2022. Until 2022, in value terms, the YoY growth in the demand for 3D printing will be in double digits due to the high demand from North America and Europe coupled with the rise in awareness about these devices in developing countries of APAC and RoW. This is likely to contribute revenue to the market during the forecast period.

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Major vendors profiled in the report are

• 3D Systems
• Stratasys
• EOS GmbH.

3D Printing Market: Key Vendor Analysis

International players are likely to grow inorganically by acquiring regional or local players
The competitive scenario in the global market is intensifying. The competition will be based solely in terms of features such as quality, quantity, technology, services, and price. The market competition is expected to intensify further with an increase in product/service extensions, technological innovations, and M&A. Arizton believes international players would grow inorganically by acquiring regional or local players in the future.

3D Printing Market: Segmental Overview
3D Printer market to remain the largest segment.

The 3D printer market is the largest segment and is witnessing increased demand from the manufacturing industry in developed countries such as the US and Germany. The adoption of 3D printing in the industrial machinery industry is growing, and the market is likely to witness the contribution of this segment rise to 20.6% in 2022. The aerospace and defense segment will follow the industrial machinery segment. The healthcare segment is expected to be the fastest growing segment of the 3D printing market during the forecast period as new innovations are making their way into various healthcare sectors such as orthopedics and implants during the forecast period.

3D Printing Market: Geographical Analysis
North America to account for more than 38% market share

North America is likely to be the largest market followed by Europe. The demand for 3D printing solutions depends on the growth of the manufacturing industry in the North America region. Globally, North America is the largest market for industrial automation, and the market is growing rapidly. This is expected to drive the demand in the region. Japan and China lead the 3D printing market in APAC region. Latin America and MEA, constituting RoW, had low shares in the global market in 2016. However, with many vendors expanding their operations in Middle Eastern countries, Latin American, and African countries (except GCC countries) for market share, the demand for these devices will grow in the region during the forecast period.

Table of Content

1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Market Segmentation by Product Type
4.3.2 Market Segmentation by End-User Type
4.3.3 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1.1 Inclusions
5.1.2 Exclusions
5.2 Currency Conversion Rate
5.3 Market Derivation

3D printing, which is also called additive manufacturing, is a process in which a three-dimensional or 3D solid or physical object is created using a digital file or a digital design. The 3D printed physical object is achieved via additive processes wherein successive layers of materials is laid down until the object is created.

Request to Fill The Form To get Sample Copy of This Report:

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market).”

The report provides a holistic view of the global market, the companies involved in the market, and the factors driving its growth. It also provides information on some of the latest trends that have started to surface and are likely to become strong market driving forces over the next five years. This report also provides the Porter’s Five Forces analysis along with a description of each force and its impact on the market. Further, the report also provides complete value chain analysis of the global market.

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

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