Posted in | 3D Printing

Global 3D Printing Market Demand Projected to Reach $5 Billion in 2017

Published on February 17, 2014 at 5:26 AM

ReportsnReports.com offers 3D printing market and 3D printer industry research reports covering analysis and forecasts for 3D technology, applications as well as major vendors' patent deployment in the 3D printer market.

Global 3D printing market demand is projected to rise more than 20% per year to $5 billion in 2017 as per the research report World 3D Printing to 2017 available at http://www.reportsnreports.com/reports/272154-world-3d-printing-to-2017.html . Some of the fastest growth will be seen in the medical and dental market, with especially good opportunities expected in dental applications such as braces, prostheses, crowns, bridges, dental aligners, and models for dental restoration procedures. Other leading markets for 3D printing products include consumer products (e.g., jewelry, toys, fashion, consumer electronics), automotive, and aerospace, with the latter expected to see above-average growth. For instance, in 2013 General Electric announced plans to use 3D printers to produce fuel nozzles for its next-generation jet engine. These nozzles are expected to be lighter and stronger than those produced using conventional production techniques.

Companies profiled in this report include Aleph Objects Incorporated, Arcam AB, Asiga, Aspect Incorporated, Autodesk Incorporated, BeAM, Beijing Long Yuan Automated Fabrication System Company Limited, Beijing TierTime Technology Company Limited, Carima Company Limited, CMET, see Nabtesco Dassault Systèmes SA, Delta Micro Factory, see Beijing TierTime Technology Digital Wax Systems, see DWS DWS srl, EnvisionTEC GmbH, EOS GmbH, Evonik Industries AG, ExOne Company, Figulo, see 3D Systems Fruth Innovative Technologien GmbH, Geomagic, see 3D Systems InssTek Incorporated, Keyence Corporation, Leapfrog BV, MakerBot Industries, see Stratasys Materialise NV, Matsuura Machinery Corporation, Mcor Technologies Limited, Nabtesco Corporation, Nanjing Zijin-Lead Electronics Company Limited, netfabb, see Fruth Innovative Technologien Objet Japan, see Stratasys Phenix Systems, see 3D Systems Phillips Service Industries Incorporated, Rapidform, see 3D Systems ReaLizer GmbH, Renishaw plc, RepRap Professional Limited, Sciaky, see Phillips Service Industries Shaanxi Hengtong Intelligent Machine Company Limited, Shanghai Union Technology Company Limited, Sintermask, see Fruth Innovative Technologien SLM Solutions GmbH, Solidscape, see Stratasys SpaceClaim Corporation, Stratasys Limited, The Sugar Lab, see 3D Systems 3D Systems Corporation, 3Geometry Manufacturing Systems Private Limited, 3Shape A/S, Trumpsystem Precision Machinery Company Limited, Ultimaker BV, voxeljet AG and Wuhan Binhu Mechanical & Electrical Company Limited. Buy this report online at http://www.reportsnreports.com/Purchase.aspx?name=272154 .

In another report titled "3D Printing Market by Technology (SLA, SLS, EBM, FDM, EBM, LOM, 3DP), Materials (Polymers, Metal), Application (Aerospace, Automotive, Consumer, Healthcare, Government & Defense) & Geography (Americas, Europe, APAC & ROW) (2013 - 2020)" (http://www.reportsnreports.com/reports/270520-3d-printing-market-by-technology-sla-sls-ebm-fdm-ebm-lom-3dp-materials-polymers-metal-application-aerospace-automotive-consumer-healthcare-government-defense-geography-americas-europe-apac-row-2013-2020-.html ), the global 3D printing industry is segmented on the basis of technology, material, application, and geography. The technology segment comprises of Stereo lithography (SLA), Laser Sintering, Electron Beam Melting (EBM), Fused Disposition Modeling (FDM), Laminated Object manufacturing (LOM), Three Dimensional Inkjet printing (3DP), and other proprietary technologies. The global 3D printing market by material comprises polymers, metals/alloys, and others (ceramics, sand, and paper). The application segment includes aerospace industry, automotive consumer products, healthcare, government and defense, industrial/business machines, education & research, and others (arts, architecture). Health care and aerospace are the two fastest growing application areas for 3D printing. The stringent requirements such as light weight and accurate & precise design requirements for airplanes parts are the major driving factors behind the growth of 3D printing in the aerospace industry, over traditional manufacturing methods. However, the increasing medical procedures' volumes due to the growing population, rising income levels, low labor costs, and increasing health awareness are responsible for the tremendous growth of 3D printing in healthcare sector, as well.

Developing economies such as China and India provide tremendous growth opportunities for the 3D printing manufacturing technologies, majorly, due to the rise in lifestyle and general income levels. For instance, China is aggressively taking initiatives such as huge investment and government funding in R&D, to promote 3D printing as a manufacturing technique. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=270520 .

Global 3D printer market is set to grow at 16.3% CAGR over the period 2012-2016 as per multiple research reports we have on the 3D printers industry. "Major Vendors` Patent Deployment in the 3D Printer Market" report profiles important utility patents held by three major vendors currently in the 3D printer industry, namely 3D Systems, Stratasys, and Z Corporation, and highlights their technology deployment as well as potential influence over the industry. This 25 pages report can be ordered online at http://www.reportsnreports.com/Purchase.aspx?name=270087 . "Global 3D Printer Market 2012-2016" report (http://www.reportsnreports.com/reports/268965-global-3d-printer-market-2012-2016.html ) has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, and the EMEA and APAC regions; it also covers the Global 3D Printer market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this space include 3D Systems, Envision TEC, Ex One Co., and Stratasys Inc. Buy a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=268965 . Another report titled "2013 Deep Research Report on Global and China 3D Printer Industry" profiles companies and manufacturers like Stratasys (US), 3D Systems (US), EOS (Germany), EnvisionTEC (Germany), ExOne (US), MakerBot (US), Voxeljet (Germany), TierTime Technology (Beijing ,China), Hengtong Intelligent Machines (Shaanxi ,China), Binhu Mechanical &Electrical (Hubei ,China) and Zijin-Lead Electronics (Jiangsu ,China). This report is available for purchase at http://www.reportsnreports.com/Purchase.aspx?name=262424 .

Source: http://www.reportsnreports.com

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit