Europe Industrial 3D Printing Market

Europe Industrial 3D Printing Market is expected to reach USD XX Billion by 2024 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Additive manufacturing also known as industrial 3D printing refers to a process in which the digital 3D design facts are used for building up component in various layers by depositing material. This process of industrial 3D printing is described as a professional production technique that is clearly distinguished from other conventional methods of removing materials. The Europe market for industrial printing includes segmentation by offering, application, process, technology, industry, and geography. Based on offering the market comprises of materials, printers, software, and services. On the basis of process, the market consists of material extrusion, binder jetting, material jetting, direct energy deposition, sheet lamination, vat photopolymerization, and powder bed fusion. Considering the technology segment, the market comprises of fused deposition modelling (FDM), direct metal laser sintering (DMLS), stereolithography (SLA), selective laser sintering (SLS), electron beam melting (EBM), polyjet printing, laser metal deposition (LMD), inkjet printing, laminated object manufacturing (LOM), and digital light processing (DLP). Robotics, tooling, and heavy equipment & machinery are the various application areas based on which the global market is segmented for industrial 3D printing. Aerospace & Defense, Printed Electronics, Automotive, Food & Culinary, Healthcare, Jewelry, and Foundry & Forging are the different industry verticals that are considered under the scope of the report. In the European apparel industry, the 3D design and printing are discussed, but have not generated a lot of business. This is mainly because of the fact as it is not able to match production with the wearability requirements. With the ongoing research in materials and technologies, the 3D printing is showing huge growth in other industries such as toys, robotics, prosthetics or car parts. The 3D printing is no longer regarded as only a tool for prototyping as the 3D printing technology is increasingly becoming more recognised and are treated as a viable means for producing the end-use parts. This particular shift can be accredited to a number of factors, such as improved hardware capabilities comprising of the greater precision and higher resolution, along with the ability to build larger parts or even faster speed times. The increased adoption of 3D printing technology in industries will see the workflow processes becoming more streamlined as well as optimised. Automation has occurred at all stages of production such as the pre-production or post-processing and have been a key to the gradual transition. 3D printing can help fill in the gap of customized demands by facilitating the creation of certain low volume products or parts that come with a greater complexity. The 3D printing ensures a sooner time-to-market because of a quicker design cycle, as well as enabling reduced inventory costs by printing on demand. Europe has been one of the key region when it comes to technological development and usage of new technologies for industrial growth. The rise in industrial growth along with higher application of printing technologies to deliver customized demand have resulted in rise in application of Industrial 3D Printing in Europe. Key Highlights: • Europe Industrial 3D Printing market size analysis and forecast • Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the Europe Industrial 3D Printing market • Europe Industrial 3D Printing Market segmentation on the basis of the offering, process, technology, application, industry, and geography • Europe Industrial 3D Printing Market strategic analysis with respect to individual growth trends, future prospects along with a contribution of various sub-market stakeholders have been considered under the scope of a study • Europe Industrial 3D Printing Market analysis and forecast for major countries has been provided. • Profiling of key industry players, their strategic perspective, and analysis of core competencies • Competitive landscape of the key players operating in the Europe Industrial 3D Printing Market including competitive developments, investments, and strategic expansion

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