The global industrial 3D printing market is projected to grow at a CAGR of 19% to 21% from 2021 to 2026. The growth of industrial 3D printing market is driven by increased focus on high-volume production using 3D printing, high demand for 3D printing software to produce industry grade parts, and ease in the development of customized products.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the global industrial
3D printing market by technology (stereolithography, fused deposition
modelling, selective laser sintering, direct metal laser sintering, polyjet
printing, inkjet printing, electron beam melting, laser metal deposition,
digital light projection, laminated object manufacturing, and others.),
material (polymer, ceramic, and metals), process (material extrusion, material
jetting, binder jetting, sheet lamination, vat photo polymerization, powder bed
fusion, directed energy deposition), application (automotive, aerospace &
defense, food & culinary, printed electronics, foundry & forging,
healthcare, jewelry, oil & gas, and others), and region (North America,
Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the industrial 3D printing market?
Q.4 What are some
changing demands of customers in the industrial 3D printing market?
Q.5 What are the new
developments in the industrial 3D printing market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this industrial 3D printing area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this industrial 3D printing market?
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Market Segmentation:
Based on technology, the
industrial 3D printing market is segmented into stereolithography, fused
deposition modelling, selective laser sintering, direct metal laser sintering,
polyjet printing, inkjet printing, electron beam melting, laser metal
deposition, digital light projection, laminated object manufacturing, and
others. The direct metal laser sintering segment accounted for the largest
share of the market in 2020 and is expected to register the highest CAGR during
the forecast period, due to technology enables the creation of high-quality
metal parts, as it facilitates the construction of complex geometric shapes of
metals (up to 20 microns), which makes it ideal for the manufacturing industry.
North America will
remain the largest region over the forecast period due to the higher usage of
industrial 3D printing in aerospace and defense, industrial manufacturing, and
healthcare companies. Also, continuous technological upgradation and financial
support from the governments are supporting the growth of the North American
market.
Key Players in the
industrial 3D printing market are 3D Systems Corporation, Stratasys Ltd., The
ExOne Company, voxeljet AG, Arcam AB, EOS Holding GmbH, EnvisionTEC GmbH,
Materialise NV and Sciaky Inc.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers, restraints,
challenges, and opportunities for market growth. It would also help to
understand the competitors better and gain more insights to improve their
position in the business.
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About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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