Significant Growth Foreseen by 3D Printing Market During 2019-2029

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3D Printing Market is expected to rise a
valuation of US 2 Bn by 2029 FMI Reports

• March 2020

Report Id REP-GB-553 Published On
19-Feb-2020 Category Electronics,
Semiconductors, and ICT
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3D Printing Market Analysis
Global 3D printing market is set to witness
seven-fold expansion, with revenues projected to
see a double-digit CAGR during 2019-2029. As
projected by a new report of Future Market
Insights (FMI), leading market players are
investing in adoption of vat polymerization and
selective laser sintering processes in a bid to
reduce processing time and achieve greater
accuracy. Manufacturers operating in the
automotive, aerospace, manufacturing, and
healthcare industries are actively procuring 3D
printing technologies. Demand will further
increase with rise in the adoption of smart
products, leading to the introduction of complex
designed solutions, states the FMI report.
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3D Printing Market Analysis

• 3D Printing Market Key Findings
• Fused filament fabrication technology continues
  to be a trend in production of prototypes and
  end-use parts.
• Entry level 3D printers are recording high
  deployment owing to better technical awareness
  and affordable pricing.
• Material extrusion remains preferred technology
  vat polymerization and selective laser sintering
  will emerge highly lucrative.
• Developed regions will remain at the forefront of
  3D printing market Eastern Europe and Latin
  America display strong growth potential.

• 3D Printing Market Key Driving Factors
• Accelerated adoption of 3D printing in
  architecture and aerospace will propel market
  growth.
• The integration of Artificial Intelligence (AI)
  with 3D printing systems is enabling flexibility
  and precision, thereby fueling demand.
• Reduced developmental costs and quick turnaround
  time remain major market growth drivers.
• The trend of customization will be a strong
  factor driving the growth of 3D printing market.

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3D Printing Market Analysis

• 3D Printing Market Key Restraints
• High costs associated with 3D printing and
  inadequacy of skilled workmanship remain key
  impediments to market growth.
• Compatibility restrictions associated with select
  materials will limit the growth of 3D printing
  industry.
• Competition Landscape of 3D printing Market
• Some of the key players in the global 3D printing
  landscape that are covered in this study include,
  but are not limited to, 3D Systems, VoxeljetAG,
  Arcam AB, Ponoko Ltd., Autodesk Inc., Organovo
  Holdings Inc., and The ExOne Company. Leading
  manufacturers are focused on using partnerships
  and collaborations with regional players and raw
  material suppliers. Manufacturers are also
  pushing to bring in tech advancements, while
  cutting prices to enhance accessibility of 3D
  printing services.

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3D Printing Market Analysis
Source Link https//www.globenewswire.com/news-re
lease/2020/03/03/1994363/0/en/3D-Printing-Market-P
layers-Eye-Opportunity-in-Architecture-and-Aerospa
ce-Industries-Demand-for-Entry-Level-Printers-on-U
pswing-Future-Market-Insights.html More about
the Report This Future Market Insights study of
300 pages offers actionable insights on the 3D
printing market. The market analysis is based on
level (entry-level, hobbyist, enthusiast,
professional, and industrial), technology
(material extrusion, vat polymerization,
selective laser sintering, material jetting,
binder jetting, and others), vertical
(automotive, aerospace, industrial/business,
consumer electronics, medical, research
academia, government/military, architecture, and
others) across seven regions (Latin America,
North America, Western Europe, Eastern Europe,
Asia Pacific excluding Japan, Japan, and MEA).
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3D Printing Market Analysis

• Explore Extensive Coverage of FMIs Electronics,
  Semiconductors, and ICT Landscape
• Content Delivery Network (CDN) Market
• Industrial Robot Cyber Security Market
• 3D Printing Market
• About Future Market Insights (FMI)
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  latest market research reports and industry
  analysis help businesses navigate challenges and
  take critical decisions with confidence and
  clarity amidst breakneck competition.

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3D Printing Market Analysis
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