The global 3D printing market is growing at a considerable CAGR of 20.0% during the forecast period. Increasing need and demand for customized 3D printing products, rising applications in various sectors are prime factors affecting and driving the market. Increasing technology innovations in 3D printing are also estimated to be the key factor that significantly contributes towards the growth of the market. However, high cost that is involved initially is the major factors constraints which is hindering the growth of the global 3D printing market across the globe.
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However, growing adoption of 3D printing in consumer electronics is also acting as one of the key factors that are creating opportunity for the market. New product launches in the market are likely to drive the growth of the global 3D printing market. For instance, in October 2020, one of the 3D printing companies named as Formlabs had introduced two new proprietary materials in order to enlarge 3D printing for users. Rigid 10K Resin and a reformulation of Draft Resin materials will put more of the benefits to stereolithography (SLA) 3D printing.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global 3D printing Market – Segmentation
By Technology
- Stereo Lithography Technology (SLA)
- Fused Deposition Modeling (FDM)
- Selective Laser Sintering Technology (SLS)
- Direct Metal Laser Sintering Technology (DMLS)
- Electron Beam Melting Technology (EBM)
- Other
By Material
- Polymer
- Metals and Alloys
By End User
- Consumer Goods
- Healthcare Industry
- Aerospace and Automobile Industry
- Education and Research Industry
- Other
Global 3D printing Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global 3D printing market based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
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