Industrial 3D Printing Market (3D Manufacturing) - 2022 | MarketsandMarkets

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MarketsandMarkets Presents

Industrial 3D Printing Market worth 4.75 Billion
USD by 2022 Industrial 3D Printing Market (3D
Manufacturing) by Process, Technology (SLA, FDM,
SLS, DMLS, EBM, LMD, PJP, DLP, LOM, Inkjet
Printing), Software, Service, Application,
End-User Industry and Geography - Global Forecast
to 2022 http//www.marketsandmarkets.com/Market-R
eports/industrial-3d-printing-market-160028620.htm
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According to a new market research
report "Industrial 3D Printing Market (3D
Manufacturing) by Process, Technology (SLA, FDM,
SLS, DMLS, EBM, LMD, PJP, DLP, LOM, Inkjet
Printing), Software, Service, Application,
End-User Industry and Geography - Global Forecast
to 2022", the industrial 3D printing market is
expected to reach USD 4.75 billion by 2022, at a
CAGR of 29.2 between 2016 and 2022. Factors such
as ease of developing customized products,
reduction in manufacturing costs, and
introduction of new materials are expected to
drive the growth of the industrial 3D printing
market during the forecast period. Browse 80
market data Tables and 77 Figures spread through
203 Pages and in-depth TOC on "Industrial 3D
Printing Market - Global Forecast to
2022"Early buyers will receive 10
customization on this report.
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The market for the electrical electronics
end-user industry expected to grow at the highest
rate during the forecast period The demand for
industrial 3D printing in the electrical
electronics industry is expected to increase
considering its growing usage for producing tools
and for printing power connectors, buttons, and
circuits embedded into their plastic models and
robotics. Rise in the adoption of industrial
robotics in the electrical and electronics
industry because of the miniaturization of
electrical and electronics equipment and
complexity in manufacturing processes is expected
to drive the market. Ask PDF Brochure_at_
http//www.marketsandmarkets.com/pdfdownload.asp?i
d160028620 Laser metal deposition
expected to be the fastest-growing technology in
the industrial 3D printing market during the
forecast period The laser metal deposition
technology is used for repairing, cladding, and
producing parts. Some of the common applications
of this technology include repair of mold tool
surfaces and repair and production of machinery
parts and robotics. The benefits of laser metal
deposition printing technology include reduction
of material wastage, reduced tooling costs,
repair of parts that are costly to replace,
decreased lead time, and customization of parts
according to customers requirements.

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North America expected to dominate the industrial
3D printing market during the forecast
period North America is expected to hold the
largest share of the industrial 3D printing
market during the forecast period, with the U.S.
being the major driver for the growth of this
market. Major industries such as aerospace
defense and automotive are increasingly using
industrial 3D printing technology for tooling,
producing  robotics parts such as arms and
grippers, and manufacturing machinery parts to
maximize functional integration and consistency
while minimizing costs. Apart from the market
segmentation, the report also covers the Porters
five forces analysis, the markets value chain
with a detailed process flow diagram, and market
dynamics such as drivers, restraints,
opportunities, and challenges in the overall
industrial 3D printing market. Inquiry Before
Buying _at_ http//www.marketsandmarkets.com/Enquiry_
Before_Buying.asp?id160028620 The major
players in the 3D printing market include 3D
Systems Corporation (U.S.), Stratasys Ltd. (U.S.
Israel), the ExOne Company(U.S.), Voxeljet AG
(Germany), Arcam Group (Sweden), SLM Solutions
Group AG (Germany), EOS GmbH (Germany),
EnvisionTEC GmbH (Germany), Materialise NV
(Belgium), Sciaky Inc. (U.S.), Concept Laser GmbH
(Germany), Hoganas AB (Sweden), and Renishaw PLC.
(U.K.).
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