(MENAFNEditorial) iCrowdNewswire - Feb 23, 2018
The is expected to reach $31.8 Billion by 2023, growing at a CAGR of 24.4% between 2017-2023. 3D printing technology helps industries in various aspects, such as in product development, efficiency increment, supply chain improvement and others. Due to these advantages, 3D printing technology is widely being accepted in several industries, including aerospace and defense, healthcare, automotive, gems and jewelry and others.
Get a free sample of this research report:
As per the findings of the research, the 3D printing market is expected to register the highest growth in Asia-Pacific, during the forecast period. 3D Printing is widely being adopted in the emerging nations of Asia-Pacific, such as India, China and Japan.
Metal based 3D printing has been the largest revenue contributor to the global market; however, the market for polymer-based 3D printing is expected to register the fastest growth during the forecast period. Metal based 3D printing helps in serial production, especially in industries, such as aerospace and defense, and automotive, where products mainly contain metal components.
Explore report at:
Geographically, North America has been the largest market for 3D printing. 3D printing is widely being used in aerospace and defense and healthcare industries. The U.S. leads the aerospace and defense and healthcare industries across the globe, which is the major factor supporting the growth of the 3D printing market in North America. Additionally, uninterrupted technological advancements and government initiatives in the region are likely to spur the growth of the North American market for 3D printing.
The market is expected to register the highest growth in Asia-Pacific, during the forecast period. Government initiatives, and investment in research and development to innovate new methods and applications of 3D printing are the major factors supporting the growth of the 3D printing market in Asia-Pacific.
Make enquiry before buying the report:
Some of the major companies operating in the 3D printing market include 3D Systems Corporation, Stratesys Ltd., ExOne, voxeljet AG, Arcam AB, SLM Solutions GmbH, EOS GmbH, Envision TEC GmbH, Materialise NV, Concept Laser Gmbh, Autodesk, Inc., and Koninklijke DSM N.V.
About P & S Market Research
P & S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.
With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.
Contact Information:
P&S Market Research
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email:
Web: www.psmarketresearch.com
MENAFN2302201800703403ID1096504300
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.