NEW YORK, June 22, 2015 /PRNewswire/ -- The global market discussed in this report includes all the revenues generated by products and services of AM systems, materials and software. Sales forecast are given through 2019.
Use this report to:
- Analyze of the global market for three-dimensional (3D) printing technologies.
- Gain insight and guidance for strategic marketing planning.
- Understand market drivers and limitations, as well as sales growth opportunities.
- Learn from comprehensive company profiles.
Highlights
- The global market for 3D printing totaled nearly $2.8 billion in 2013 and nearly $3.8 in 2014. This segment is predicted to reach nearly $15.2 billion in 2019, with a compound annual growth rate (CAGR) of 32.2%.
- Services as a segment was nearly $2 billion in 2014. This segment is expected to reach nearly $7.8 billion in 2019, with a CAGR of 31.4%.
- The 3D stereolithography segment was $525 million in 2014. This segment is expected to reach nearly $1.8 billion in 2019, with a CAGR of 27.5%.
Introduction & Scope
INTRODUCTION
STUDY GOALS AND OBJECTIVE
A comprehensive analysis of the global market for three-dimensional (3D) printing technologies, also known as additive manufacturing (AM) systems, is provided in this
study. 3D printing is an ensemble of technologies and systems to manufacture objects of virtually any shape, and it is quickly replacing many of the processes and
technologies used in traditional manufacturing. The market is forecast to increase at double-digit growth over the next five years, and it is expected reach more than $15
billion globally. The American Society for Testing and Materials (ASTM) International defines 3D printing as "a process of joining materials to make objects from 3D model
data, usually layer upon layer, as opposed to subtractive manufacturing methodologies." Thanks to improvements in materials and technologies, as well as a sharp decline in the costs of production, AM systems have become an invaluable tool for mass production. Its applications and industries are many and include aerospace, automotive, architecture, medical, industrial machines, consumer goods and more.
The market is highly diversified both regionally and by applications. A number of technologies are available and more are being developed to enter the market in the
next few years. Currently, the ASTM recognizes the following AM technologies: materials extrusion, material jetting, binder jetting, sheet lamination, vat polymerization, powder bed fusion and directed energy deposition. The global market discussed in this report includes all the revenues generated by products and services. Products include AM systems, materials and software. Services include revenues generated from the sales generated by 3D printed parts by service providers, maintenance and general consulting services.
REASON FOR DOING THE STUDY
The market for AM systems is quickly growing and often replacing traditional manufacturing technologies across many industries, including aerospace, automotive,
consumer goods and medical devices. The report analyzes the global market and includes historical revenues generated from AM systems in 2013 and estimates for
2014. Sales are forecast through 2019. This study is an invaluable instrument for understanding the AM systems market, the industries involved and its applications. The market is characterized by the creation of partnerships and collaborations between suppliers, manufacturers and product developers. Because of all the industries involved, the market is highly diversified and R&D efforts are continually introducing new technologies and systems to the market, dramatically impacting the market dynamics.
SCOPE OF THE REPORT
The global market for AM systems (including printers, services, and materials) will grow to almost $16 million by 2019 at an astonishing five-year compound annual growth
rate (CAGR) of 31.4%. This report provides detailed market segmentation by region, type of process/technology, end products, industry and material. Profiles of key market
players, as well smaller and emerging companies, are also included. An in-depth competitive market analysis is discussed, with examples of how new technologies and processes will enter the market and which industries are more receptive to these new technologies.
INTENDED AUDIENCE
The report is intended for professionals from any manufacturing processing field, including but not limited to automotive, aerospace, consumer goods, medical devices,
construction, materials and many more. Additional professionals who may benefit from reading this report include analysts, sales and marketing representatives, R&D scientists, business development and corporate strategy developers. Investment firms will gain invaluable information concerning risks and opportunities encountered in the field of 3D printing technologies. The report provides valuable insights and guidance for strategic marketing planning, understanding the market drivers and limitations, and sales growth opportunities.
METHODOLOGY AND INFORMATION SOURCE
A bottom-up approach was used to calculate the global market size of AM systems and a top-down approach was used to segment the market. Primary research was conducted by interviewing more than 20 key opinion leaders, including executives from key companies, engineers and scientists from government and academic centers, and analysts. Secondary research was obtained from a combination of companies' annual reports, peer-reviewed literature, books, reports and press releases.
Read the full report: http://www.reportlinker.com/p03041362-summary/view-report.html
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