Market Research Industry Today

Global 3D Printing Market grow at 16.8% CAGR by 2019

Global 3D Printing Market (Polyjet, FDM, SLS, SLA) - Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019
Published 08 October 2015
3D printing is a form of additive manufacturing, where a 3D object is created by layer-by-layer deposition of a printing material. The basic principles in 3D printing include flexibility of output, material cartridges and translation of code into a visible pattern. Various industries such as footwear, architecture and automotive among others use 3D printing.
 
This technology is used for rapid prototyping, speedy manufacturing, mass customization and mass production. Manufacturers are increasing the use of this technology due to the ease of using this technology compared to the traditional methods. Thus, the demand for 3D printing is expected to experience robust growth in both commercial and personal printing applications in the coming years.
 
The global 3D printing market was worth USD 2,200 million in 2012 and is expected to grow at a CAGR of 16.8% from 2013 to 2019. The growth of this technology is driven by expanding application of 3D printing across various application sectors such as consumer products and electronics, automotive and medical. Additionally, consumers’ access to 3D printing has increased due to rise in the number of 3D printing service centers. Furthermore, the availability of low-cost printers has increased the demand for 3D printing in personal use.
 
 
A major factor restraining the growth of this market is the inability of a 3D printer to produce in quick time. The production of large objects consumes more time with 3D printing as compared to traditional manufacturing methods. Moreover, infringement of intellectual property rights has increased the number of laws and regulations adding another restraint to the market.
 
Browse the full Global 3D Printing Market (Polyjet, FDM, SLS, SLA) - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/3d-printing-industry.html
 

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

 

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

 

Contact

Mr. Nachiket Ghumare

90 State Street Suite 700

Albany NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

Recent Industry News

Publish up to 365 press releases for just £365*

Credits last 365 days £365+VAT Buy Now

Contact Information

Mr. Rohit Bhisey

Transparency Market Research

State Tower, 90 State Street,

Suite 700,

Albany

12207


+91- 8600924083

http://www.transparencymarketresearch.com/ Transparency Market Research logo

Other Industry News

Ready to start publishing

Sign Up today!

Industry Today Logo

A B2B Content publishing and distribution platform allowing users to share content across 30+ relevant Industries as and when it happens. We publish news Monday to Friday, 9am-5pm and all news items are published within 24 hours.

© 2024 Industry Today. All rights reserved | Registered office: Warwick Business Centre Hawkes Drive, Heathcote Industrial Estate, Warwick, England, CV34 6LX | support@industrytoday.co.uk

Cookies

We use cookies to enhance your browsing experience, analyse site traffic and serve tailored advertisements. By continuing to browse or closing this banner, you consent to our use of cookies. Read more about how we use cookies and how you can control them by clicking “Cookie Settings."

Reject Accept Cookies

Are you sure? This will redirect you away from the site

Cookies are essential for this site to function.

Reject and leave Accept Cookies