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3D Printing Market Will Witness Enhanced Demand In Aerospace Sector Till 2020 Business Articles | July 27, 2016

Grand View Research has announced the addition of "3D Printing Market Analysis and Segment Forecasts To 2020" Market Research report to their Database.



The global 3D printing market was estimated to be USD 2,183 million in 2012 Cheap Michael Jordan Jersey , and is expected to reach USD 8,675.7 million by 2020, as per a new study by Grand View Research, Inc. The ability to facilitate low-volume manufacturing in a cost-effective manner is expected to fuel the market over the next few years. Further Cheap Toni Kukoc Jersey , the report analyzes that the growing need for flexible and customized products is expected to positively impact demand for 3D printing.


Automotive and healthcare industries in particular, are estimated to be key growth areas for revenue generation. Automotive is expected to be the largest and fastest growing application, with an estimated CAGR of 19.6% from 2013 to 2020. The market for medical applications was valued at USD 397.2 million in 2012, with dental applications expected to contribute largely to this segment. Concerns over protection of intellectual property from products manufactured using 3D printing are expected to restrain the industry from reaching its target potential. Backward integration in the value chain in terms of acquisitions of software 3D designing participants has been analyzed to be an opportunity for gaining competitive advantage.


Browse full research report on Global 3D Printing Market:?

Further Key findings from the study suggest:

North America led the market Cheap John Paxson Jersey , with approximately 42% of the overall market share in 2012 Europe is expected to grow at the highest CAGR of 20.4% from 2013 to 2020, which can primarily be attributed to increase in funding from regulatory bodies. Furthermore, increasing investment in research and development are expected to be favorable factors for market expansion in this region In terms of raw material used for manufacturing, polymers are expected to dominate the market Wholesale Chicago Bulls Jerseys , and accounted for more than 35% of the overall revenue in 2012 The industry is moderately consolidated, with mergers and acquisitions emerging as the key growth strategy. Major industry participants include Stratasys Inc., 3D Systems Corporation, Envisiontec GmbH Wholesale Bulls Jerseys , and Materialise NV among others.

Read detailed report or request for sample of this research report:?
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Grand View Research’s report estimates the market in terms of revenue (USD Million) and segments it as follows:?

3D Printing Application Outlook: Automotive Aerospace Consumer Products Medical Others 3D Printing Raw Material Outlook: Polymers Metals Ceramic Others 3D Printing Regiona. Cheap Jerseys China Cheap China Jerseys Cheap Jerseys Free Shipping Cheap Wholesale Jerseys Cheap Authentic Jerseys Cheap Replica Jerseys Cheap Jerseys Cheap Jerseys China Wholesale Cheap NFL Jerseys Online Cheap NBA Jerseys Online