The emerging economies’ 3D printing market is expected to generate $4.5 billion by 2020, with a CAGR of 37% over the forecast period forecast period. 3D printing or additive manufacturing is the process of building layers into layers to create a three-dimensional solid object from a digital model with the help of a computer system. The computer controls the deposition of material layer by layer, keeping the waste of printed material very low. 3D printing provides the integration of metals and alloys and other raw materials available on the market according to the specifications of the final product.
A full report of COVID-19 Impact on 3D Printing Market is available at: https://www.orionmarketreports.com/covid-19-impact-on-3d-printing-market/42042/
3D Printing Market Segmentation
• The global 3D printing market research report includes a detailed segmentation by component, end-user, application, process, and geography. 3D printers have grown exponentially in recent years as they become cheaper, more efficient, and more capable. The demand for faster speed and higher printing reliability has driven manufacturers to shift their focus on metal 3D printing to production applications. The industrial 3D printing market is growing at a significant rate around the globe, particularly in developed economies as large manufacturers are likely to use this technology to reduce production costs. Electrics and electronics, food and beverage, aerospace, automobile, and healthcare are the main end-users of commercial printers.
• The industrial machinery industry is the largest revenue-generating segment. The demand for 3D printing in this industry is growing as the industry is witnessing a slow shift toward efficient production techniques and optimum resource utilization. The UK and Switzerland are the leading countries in the overall manufacturing climate, followed by the US, Japan, and Canada due to their strategies, cost factors, labor contributions, and infrastructure.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by COVID-19 Impact on 3D Printing Market Report
• What was the COVID-19 Impact on 3D Printing Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of COVID-19 Impact on 3D Printing Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the COVID-19 Impact on 3D Printing Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
