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Positive predictions for global 3D printing

July 11, 2018

 

The “Global 3D Printing Services Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The analysts forecast the global 3D printing services market to grow at a CAGR of 26.42 percent during the period 2018-2022.

The 3D printing technique involves the deposition of successive layers of materials such as plastic or metal to create solid 3D objects from a digital model. End-users can either purchase 3D printers or outsource the task to vendors such as 3D Systems and Arcam. These vendors provide printing, software, and design services.

The report covers the present scenario and the growth prospects of the global 3D printing services market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

One trend in the market is growing use of 3D printing in education sector. 3D printers are increasingly being used in the education sector. In the medical education sector, certain challenges exist. For instance, human cadaver models are not ideal in terms of patient age or disease condition.

One driver in the market is rising customisation across various industries. Consumers are increasingly demanding customised products. About one-fourth of online shoppers sought customised products in the US in 2017. Moreover, companies are also willing to cater to this demand of consumers to foster brand loyalty.

The report states that one challenge in the market is high cost of industrial 3D printers and operating industrial 3D printers. The cost of 3D printing is more than the traditional manufacturing. Among all the 3D printing machines, the metal printing machines are among the expensive ones.

Among some of the companies mentioned in the report are 3D Systems, Arcam, ExOne, Materialise and Stratasys, while some of the key topics covered include market landscape, market sizing, customer and regional landmarks and vendor analysis.

For more information about this report click here

 

Categories : Around the Industry

Tags : 3D printing Forecast Growth market Report

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