The report forecasts the global 3D printing materials market to grow at a CAGR of 25.39% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: Increase in penetration rate will be a key trend for market growth. As we expect, the production cost of 3D printing will decline during the forecast period, and the addressable market for 3D printing is expected to increase. Multi-laser technology will also help to penetrate in the industrial market by reducing the build rate. As the production cost will decline, the industrial mass production is expected to increase, which will pose a tremendous opportunity for the global 3D printing materials market.
According to the report, one of the key drivers will be demand driven by direct parts. Direct parts accounted for almost half of the total revenue generated by the 3D printing materials market in 2015. The number of 3D printing systems sold is increasing on the back of the demand coming from the production of direct parts. Direct parts can be produced by all the four technologies namely powder bed fusion, directed energy deposition, binder jetting, and sheet lamination. Since 2003, the direct parts segment showed tremendous growth prospects. In 2003, it accounted for only 4% of the total 3D printing revenue, reached 20% in 2010, and in 2015, the segment captured 48% of the total market.
- What will the market size be in 2020 and what will the growth rate be? What are the key market trends?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Concept Laser
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type
PART 07: Market segmentation by printing method
PART 08: Market segmentation by end-user
PART 09: Geographic segmentation
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Key vendor analysis
PART 17: Appendix
PART 18: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/bdpp2w/global_3d
Research and Markets
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SOURCE Research and Markets