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The 3D printing market will reach $44.
As of 2025, there were 39 billion people worldwide. 8% CAGR -
Portland, Oregon, October 25, 2018 Portland, Oregon, October 25, 2018/PRNewswire /--
The benefits of 3D printing technology, such as minimizing errors, reducing development costs and time, the ability to provide customized products, coupled with technological advances in the automotive industry, are expected to contribute to the growth of the global 3D printing market
SLA, FDM, SLS, EBM, DLP, etc), Component (
Hardware, software and services)and End User (
Automotive, Healthcare, industry, consumer electronics, aerospace, defense, etc)
2018-Global Opportunity analysis and industry forecast2025 .
This report provides a comprehensive analysis of the global 3D printing market, as well as market trends, drivers and opportunities, key player positioning, top investment areas and a competitive environment.
According to the report, the global 3D printing market has created $8.
It was $62 billion in 2017 and is expected to reach $44.
From 39 billion to 2025, CAGR was 21.
8% from 2019 to 2025. (Logo: )
The growth of the 3D printing market is attributed to factors such as the increase in the use of 3D printing in the automotive industry and the benefits associated with the use of this technology, such as minimizing errors, reducing development costs and time, and the ability to provide customized products.
However, the high cost of 3D printing and the lack of skilled labor hindered the growth of the market.
Instead, more applications of this technology in healthcare and other industries will provide profitable prospects for market participants.
Request the following sample report: modeling techniques in Fusion deposition through 202 5 (FDM)
Market segments accounted for about half of the total market share in 2017, and are expected to stay ahead throughout the study period.
This is because it is used in a wide range of applications such as automotive, aerospace, jewelry art, architecture, packaging, biomedical, consumer, electrical and electronic products.
In addition, it costs less than other technologies and is therefore widely adopted.
Electron Beam Melting (EBM)
Segment will grow at the fastest compound growth rate of 30.
5% from 2019 to 2025.
The report analyzes the selective laser sintering (SLS)
Stereo printing (SLA)
Digital Light Processing (DLP),among others.
The hardware department maintained its largest share of the hardware department by 2025, accounting for 58% of the total market revenue in 2017, and is expected to maintain a leading position throughout the forecast period.
However, the compound growth rate of these service sectors will reach 24 at the fastest.
9% from 2019 to 2025, because many companies have been providing 3D printing services to customers who do not want to invest in technology or hardware that makes 3D models.
During the research period, the software part will grow steadily.
Purchasing Consulting: the healthcare sector is leading the way in terms of end-user growth, with aerospace and defense sector accounting for about 27% of the total market share in 2017, and is expected to maintain its dominance through 2025.
This is due to the large number of applications of 3D printing in this industry, especially the prototyping and manufacturing of complex geometric parts that cannot be achieved using traditional methods.
However, health care will be the fastest in the 26-year compound growth rate.
6% from 2019 to 2025, due to the ability of 3D printing to print customized prosthetic limbs as required.
The report also analyzed industries such as industry, automobile and consumer electronics.
North America is a leader in revenue, with LAMEA contributing 40% of the market in 2017 and is expected to maintain its dominant position throughout the forecast period.
On the other hand, Latin America, the Middle East and Africa (LAMEA)
The fastest compound growth rate is expected to be 28.
20% from 2019 to 2025.
Other areas discussed in the report are Europe and AsiaPacific.
Key figures analyzed in the report include 3D Systems, Arcam AB, Autodesk, Inc.
Stratanas AB, Optomec, Inc. , ExOne, Stratasys Co. , Ltd.
, OrganovoHoldings, Inc.
, Ponoko Ltd and Voxeljet AG.
In order to maintain the fierce market competition in the industry, these companies have adopted expansion, product development, cooperation, joint ventures and mergers and acquisitions strategies.
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Each of the data presented in our published report was extracted through preliminary interviews with senior officials of leading companies in the relevant field.
Our secondary data sourcing methodology includes in-depth online and offline research and discussion with knowledgeable professionals and analysts within the industry.
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