3D Printing Devices, Services And Supplies Market Regional Analysis And Forecast
Posted: Apr 18, 2019
The 3D Printing Devices, Services And Supplies Market Research Report from The Business Research Company, offers a growth analysis, size, segmentation, geographies and forecast.
3D Printing Market Characteristics
After the launch of the first 3D commercial printers in the 1900s, the printing market witnessed a transformation which led to the development of the 3D printing market. 3D printing or additive manufacturing is a process of producing 3D solid objects from a digital file. This 3D printing technology is further replacing the conventional methods of printing in industries which include architecture, automotive, aerospace and defense, electronics and medical equipment. This is mainly due to the growing awareness of the benefits of 3D technology such as mass customization, reduction in lead time and tooling costs, easy to use maintenance, and providing high accuracy among consumers.
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The 3D printing market is estimated to grow significantly by 2022. However, factors such as high cost of the 3D printer system, lack of experts in 3D technology and concerns over product quality by end users might restraint the growth of the global 3D printing industry. The range of materials that are currently being used in 3D printing includes plastics, porcelain, ceramics, stainless steel, carbon, graphene, titanium and other metals. This list is not exhaustive; new variations on materials or alloys are made every day.
The first commercial 3D printers were launched in the early 1990s, and since the early 2000s, 3D printing technology has evolved significantly in terms of price, variety and quality of materials, accuracy, ability to create complex objects, ease of use and suitability for office environments. 3D printing is already replacing traditional prototype development methodologies across industries such as architecture, automotive, aerospace and defense, electronics, healthcare, footwear, toys, educational institutions, government and entertainment, underscoring its potential suitability for an even broader range of industries.
Companies Mentioned in 3D Printing Devices, Services And Supplies Market Report:
- D Systems Corporation,
- Arcam AB,
- The ExOne Company,
- Stratasys Ltd.,
- EOS GmbH Electro Optical Systems
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The global 3D printing devices, services and supplies services market is highly concentrated. Stratasys was the largest competitor with 29% of the market, followed by 3D Systems, EOS, Sisma Spa and ExOne Co. Global 3D printing devices, services and supplies mergers and acquisitions (M&A) are expected to increase in the coming years, building on medium activity in 2015 and 2016 where companies such: Stratasys and 3D Systems acquired other companies. For example, in November 2016, 3D Hubs acquired Printivate. 3D printing devices, services and supplies companies are continuing to realign their portfolios and pursue profitable inorganic growth opportunities. In addition, M&A interest is likely to be fueled by stronger corporate balance sheets, liquid debt markets, and continued favorable interest rates.
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Table Of Content
3.3D Printing Global Market Size
4.3D Printing Global Market Segmentation Summary
8.Global 3D Printing Market Segmentation
8.6.EMEA (Europe, Middle East and Africa)
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