Concise Analysis of the International 3D Printing Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast to 2019
DUBLIN, February 28, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/tx6d2q/global_3d) has announced the addition of the "Concise Analysis of the International 3D Printing Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast to 2019" report to their offering.
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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.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 3D Printing Market Analysis, By Use
5 3D Printing Market Analysis, By Technology
6 3D Printing Market Analysis, By Application
7 3D Printing Market Analysis And Forecast, By Geography
8 Company Profiles
- 3D Systems
- Concept Laser
- Eos Gmbh Electro Optical Systems
- Slm Solutions
- Voxeljet Technology
For more information visit http://www.researchandmarkets.com/research/tx6d2q/global_3d
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SOURCE Research and Markets