NEW YORK, July 28, 2016 /PRNewswire/ -- This BCC Research study identifies 3D printing technologies with the greatest commercial potential during the forecast period 2016 to 2021. It also analyzes the key drivers and constraints that will shape the market for these technologies over the next five years.
Use this report to:
Identify 3-D printing technologies with the greatest commercial potential during the forecast period (2016 to 2021).
Analyze the key drivers and constraints that will shape the market for these technologies as the basis for projecting demand over the next five years.
Estimate current and future sales revenue of 3-D printing technologies through 2021.
Identify the companies on the basis of their proprietary technologies, strategic alliances or other advantages.
The global market for three-dimensional printing will grow from nearly $3.7 billion in 2016 to more than $10.4 billion by 2021, with a compound annual growth rate (CAGR) of 23.2% for the period of 2016-2021.
The printers segment will grow from $1.7 billion in 2016 to $4.5 billion by 2021, rising at a CAGR of 21.4%.
The services segment is expected to increase from nearly $1.1 billion in 2016 to $3.2 billion by 2021 with a CAGR of 24.5%.
Three-dimensional (3-D) printing, also called additive manufacturing, is the process of making a three-dimensional solid from a digital model by depositing successive layers of material in different shapes. The first working 3-D printer was developed in the 1980s, but the high cost and limited range of applications of the earliest printers seemed to preclude their widespread use. Since then, the introduction of new 3-D printing technologies such as 3-D inkjet printers has brought costs down. After a slow start, 3-D printing is poised for rapid growth. It took the 3-D printing industry more than 20 years to reach a value of $1 billion in 2009, but in 2012, it would reach $2 billion. This report projects the market to be worth more than $10 billion by 2021.
STUDY GOALS AND OBJECTIVES
The goal of this study is to provide readers with a comprehensive understanding of the global market for 3-D printing technologies, including hardware, software, consumables and services.
Specific objectives include:
Identifying 3-D printing technologies with the greatest commercial potential during the forecast period (2016 to 2021).
Analyzing the key drivers and constraints that will shape the market for these technologies as the basis for projecting demand over the next five years
Estimating current and future sales revenue of 3-D printing technologies through2021.
Identifying the companies best positioned to meet this demand because of their proprietary technologies, strategic alliances or other advantages.
SCOPE OF THE REPORT
The report addresses trends in 3-D printing technology and the global market for the most promising 3-D printing technology applications during the period from 2015 through 2021, including:
Powder bed fusion.
Directed energy deposition.
Laminated object manufacturing.
Plastics and polymers.
Others (e.g., wax, graphene, bio-ink).
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