Global Market Analysis of Industrial 3D Printing to Grow Constantly in the Coming Years
The Global 3D printing market is expected to grow at the CAGR of 15.4% during 2016-2022. The global 3D printing market is majorly driven by growing adoption across broad spectrum of industries automotive, aerospace, dental, discrete, high tech, and medical products.
Albany, NY, December 11, 2016 –(PR.com)– 3D printing industry is the focus of a new report added to the massive collection of Market Research Hub (MRH). The report is titled “Global Industrial 3D Printing Industry 2016, Trends and Forecast Report.” This report outlines the current and future trends of the global industrial 3D printing market along with a detailed analysis of key factors influencing the market.
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This is a professionally prepared report that offers in-depth knowledge as well as information regarding the Industrial 3D printing with respect to definitions, classifications, applications and industry chain overview. Industrial 3D printers have existed since the early 1980s and have been used widely for rapid prototyping and research purposes. It is a technological process of building a solid object of any shape from a digital model. By using 3D printing at the initial stage of production is beneficial as designers can identify the errors or defects from the built prototype and ultimately reduce the production time and operational cost. In the last couple of years, the term 3D printing has become more known and technology has reached to a broader public. The high-end technologies used in development of new techniques for 3D printing add worth to the industry and influence the role of stakeholders, such as manufacturers and consumers.
Applications of 3D printers include designing of clothes, jewelry, footwear, prototypes, automotive, aerospace, healthcare, metal objects etc. Increasing adoption within manufacturing industries, decreasing average selling prices and government support are the key factors driving 3D printers market globally. Also, for adoption into industry wide manufacturing, the printer hardware needs to develop as fast as applications grow.
The market is segmented geographically into main regions such as North America, Europe and Asia. Key countries analyzed in the report are United States, Japan, Germany and China. It has been found out that, the U.S. holds the largest market share followed by Europe, in which Germany contributes to almost 33% of market. The Asia Pacific region is forecasted to record the highest CAGR growth rate over the reporting period. The research studies that electrical & electronics, healthcare, food & beverage are the fastest-growing industries for industrial 3D printing.
Browse Full Report with TOC: http://www.marketresearchhub.com/report/global-industrial-3d-printing-industry-2016-trends-and-forecast-report-report.html
Furthermore, the report discusses the complete analysis of the raw materials as well as demand & supply of the Industrial 3D Printing. After that, the report focuses on global major leading industry players in the industrial 3D printing along with information such as company profiles, product picture and specification, capacity, production, cost, revenue and contact information.
In the end, the report also presents new project SWOT analysis, investment feasibility and investment return analysis.
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Global Market Analysis of Industrial 3D Printing to Grow Constantly in the Coming Years was first posted on December 11, 2016 at 11:59 am.