3D Printing (Additive Manufacturing) Market Size Worth $ 79.38 Billion By 2028 – Reports and Data
Report Provides 3D Printing (Additive Manufacturing) Market Survey To Predict Its Prospects
NEW YORK, NY, UNITED STATES, November 22, 2021 /EINPresswire.com/ – The Global 3D printing market was valued at around $ 17.54 billion in 2020 and is expected to exceed $ 79.38 billion by 2028. It is expected to register a CAGR of over 20.96% during the forecast period. 3D printing, also known as additive manufacturing, is a process used to build 3-dimensional objects using a digital file called CAD (Computer Aided Design) by continuously adding materials layer by lying down. 3D printing uses different types of polymers, including different polymers, metals, and ceramics. With the use of 3D printing, various complex designs can be created easily, which would otherwise be difficult to manufacture by traditional processes. The market research report published by Reports and Data is a comprehensive analysis of the 3D Printing (Additive Manufacturing) market based on current and emerging market trends, market dynamics, technological advancements, product launches, and developments. recent on the market. The 100+ page report offers a comprehensive overview of market size, market share, revenue growth, CAGR, sales network and distribution channel, market demand, as well as segments and sub-segments. The report offers key information on the major companies operating in the market and their business plans, expansion strategies and global market position.
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Best players in the industry –
• Stratasys Ltd.
• 3D Systems Corporation
• Concept – Laser GmbH
• Sisma SpA
• ExOne Co.
• SLM Solutions Group AG
• Hewlett Packard Inc.
• Materialize NV (ADR)
• Proto Labs Inc
• Arcam Group
• VoxelJet AG
• Sciaky Inc
• EOS electronics manufacturing solutions
The manufacturing and construction industry has seen rapid growth in terms of revenue over the past few years and is expected to record robust revenue growth throughout the forecast period. Factors such as technological advancements in manufacturing techniques and rapid urbanization and industrialization are driving the revenue growth of the market. In addition, there has been a sudden increase in demand for smart buildings and smart homes and consumers are turning to green energy and environmentally friendly construction activities due to growing environmental concerns. These factors, along with the latest trends in redevelopment and advanced flooring for aesthetic appeal and the growing adoption of automation across the globe, are fueling the market growth. In addition, government programs and increasing investments to develop improved products are expected to open up favorable growth opportunities in the future.
Technology-based market segment:
• Stereo lithography
• Modeling of fusion deposits
• Selective laser sintering
• Electron beam fusion
• Digital light processing
Market segment based on manufacturing:
• Plastic material
• Ceramic material
• Metals material
Market segment based on end user:
• Aerospace and Defense
• Health care
• Construction and architecture
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Post conglomeration of data obtained by secondary research; a validation process is carried out to verify the numbers. During this phase, we conduct primaries with industry experts, while ensuring the inclusion of actors from every step of the value chain (including raw material suppliers, local manufacturers, distributors and other stakeholders) . The quantitative and qualitative information from industrial experts helps us to validate our results.
The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces Analysis. The report explores in more detail the major business players along with their in-depth profiling, product portfolio and strategic business decisions. The report has been formulated through extensive primary and secondary research and validated by analysts, industry experts and market professionals. The report also highlights recent mergers and acquisitions, joint ventures, collaborations, partnerships and product launches, among others.
The regional analysis covers the assessment of imports / exports, production and consumption ratios, supply and demand, costs, prices, estimated revenues and gross margins, as well as the presence of key players in the region. The report also offers information on revenue growth, market size, market share, the technological advancement, and the presence of key players in each region.
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The regional bifurcation of the 3D printing (additive manufacturing) market includes:
North America (United States, Canada, Mexico)
Europe (UK, Italy, Germany, France, rest of Europe)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, rest of Latin America)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
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