Skip to main content

Global 3D Printing Market To Reach USD 8,675.7 Million by 2020

Automotive and healthcare industries in particular, are estimated to be key growth areas for revenue generation. Automotive is expected to be the largest and fastest growing application, with an estimated CAGR of 19.6% from 2013 to 2020. The market for medical applications was valued at USD 397.2 million in 2012, with dental applications expected to contribute largely to this segment. Concerns over protection of intellectual property from products manufactured using 3D printing are expected to restrain the industry from reaching its target potential. Backward integration in the value chain in terms of acquisitions of software 3D designing participants has been analyzed to be an opportunity for gaining competitive advantage.
Further Key findings from the study suggest:
  • North America led the market, with approximately 42% of the overall market share in 2012
  • Europe is expected to grow at the highest CAGR of 20.4% from 2013 to 2020, which can primarily be attributed to increase in funding from regulatory bodies. Furthermore, increasing investment in research and development are expected to be favorable factors for market expansion in this region
  • In terms of raw material used for manufacturing, polymers are expected to dominate the market, and accounted for more than 35% of the overall revenue in 2012
  • The industry is moderately consolidated, with mergers and acquisitions emerging as the key growth strategy. Major industry participants include Stratasys Inc., 3D Systems Corporation, Envisiontec GmbH, and Materialise NV among others.
  • 3D Printing Application Outlook:
    • Automotive
    • Aerospace
    • Consumer Products
    • Medical
    • Others
  • 3D Printing Raw Material Outlook:
    • Polymers
    • Metals
    • Ceramic
    • Others
Labels:

Comments

Post a Comment

Popular posts from this blog

AC Power Filter Market Is To Witness A Substantial Growth Due To The High-End Demand 2021 to 2030

In the ever-evolving landscape of technological advancements, the demand for a stable and reliable power supply is paramount. Electrical equipment, sensitive electronic devices, and industrial machinery all require a consistent flow of clean electricity to function optimally and prevent damage from electrical interference. As a result, the  AC power filter market  has gained considerable importance in recent years. AC power filters play a crucial role in mitigating power quality issues, filtering out unwanted electrical noise, and safeguarding sensitive equipment from potential harm. In this article, we will delve into the significance, trends, and future prospects of the AC power filter market. Understanding AC Power Filters/   Power Line Filters (EMI/EMC/RFI): AC power filters, also known as power line filters, are electronic devices designed to remove undesirable harmonics, electromagnetic interference (EMI), and radio-frequency interference (RFI) from an alternating c...
Post a Comment
Read more

Key Players and Competitive Landscape in the Ophthalmic Surgical Technologies Market

The Ophthalmic Surgical Technologies Market is driven by the increasing prevalence of ophthalmic disorders, rising geriatric population, and technological advancements in ophthalmic surgery. Increasing prevalence of ophthalmic disorders: The global prevalence of ophthalmic disorders such as cataract, glaucoma, diabetic retinopathy, and refractive errors is increasing. According to the World Health Organization (WHO), cataract is the leading cause of blindness worldwide, affecting over 253 million people. The prevalence of glaucoma is also increasing, with an estimated 76 million people affected worldwide. The rising prevalence of these ophthalmic disorders is driving the demand for ophthalmic surgical procedures. Request A Free PDF Sample -  https://www.innovationmarketresearch.com/market-reports/ophthalmic-surgical-technologies-market/request-sample Rising geriatric population: The global population is aging, and the geriatric population is the most affected by ophthalmic disorder...
Post a Comment
Read more

Foot Orthotic Insoles Market Price, Size & Scope, Product Estimates & Strategy Framework To 2021 to 2030: Innovation Market Research

Foot orthotic insoles , commonly referred to as shoe inserts or orthotics, have gained significant traction in the healthcare and wellness industries. These insoles are designed to provide support, comfort, and correction to individuals with various foot conditions, ultimately contributing to improved overall mobility and well-being. The global foot orthotic insoles market has experienced remarkable growth, driven by factors such as the increasing prevalence of foot-related disorders, growing awareness about foot health, advancements in material technology, and rising adoption among athletes and individuals seeking enhanced comfort. Global Foot Orthotic Insoles Market Size and Growth Factors The foot orthotic insoles market has witnessed substantial growth over the past decade and is expected to continue expanding in the coming years. The market growth can be attributed to the rising incidence of foot problems such as plantar fasciitis, flat feet, bunions, and overpronation. These...
Post a Comment
Read more