3D Printing Market 2016-2022 - $30 Billion Printer Type, Material Type, Material Form, Process, Technology, Software, Service, Application, Vertical Analysis

Dublin, April 18, 2016 -- Research and Markets has announced the addition of the "3D Printing Market by Printer Type, Material Type (Metals, Plastics, Ceramics & Others), Material Form (Powder, Liquid, Filament), Process, Technology, Software, Service, Application, Vertical and Geography - Global Forecast to 2022" report to their offering.

The global 3D printing market is expected to grow from USD 4.98 Billion in 2015 to USD 30.19 Billion by 2022, at a CAGR of 28.5% between 2016 and 2022

The market is expected to be driven by factors such as ease of developing customized products, benefits of 3D printing, and government investments in 3D printing projects.

The market for desktop 3D printers is expected to grow at a high rate during the forecast period due to the declining prices of printers as well as technological advancements pertaining to printers. Introduction of multijet printers allows more than one material and color to be used at time and availability of open platform to design objects such as Photoshop by Adobe and Spark by Autodesk are other major reasons increasing the demand of desktop 3D printers for personal use.

Aerospace & defense, healthcare, industrial, and consumer products comprised the major industries that accounted for the major share of the 3D printing market in 2015. However, the market for the education, printed electronics, energy, and jewelry industries is expected to grow at a significant rate during the forecast period.

North America dominated the 3D printing market in 2015. 3D printing is used in the major industrial manufacturing, aerospace & defense, and healthcare companies located in the U.S., which is driving the market in this region. GE uses laser-powered 3D printers to make parts and products for aircraft. Continuous technological advancements and financial support from the government are also propelling the growth of the North American 3D printing market. However, the market in APAC is expected to grow at a faster rate between 2016 and 2022. Government initiatives, funding in R&D, and extensive industrial base are the major factors that make APAC a dynamic region for 3D printing, with Japan and China being the major contributors.

Companies Mentioned - Partial List

- 3D Ceram
- 3D Systems Corporation
- 3Dponics Inc.
- ARC Group Worldwide, Inc.
- Afinia 3D
- Alcoa Inc.
- Amazon.Com, Inc.
- Arcam Group
- Beijing Tiertime Technology Co., Ltd.
- Canon Inc.
- Concept Laser GmbH
- Cookson Precious Metals Ltd.
- Dassault Systemes SA
- EOS GmbH
- Envisiontec GmbH
- Evonik Industries AG
- Formlabs Inc.
- General Electric Company
- Graphene 3D Lab Inc.
- Groupe Gorgé
- HP Inc
- Höganäs AB
- Koninklijke DSM N.V.
- Leapfrog 3D Printers
- Luxexcel Group BV
- Organovo Holdings Inc.
- Oxford Performance Materials Inc.
- Printrbot Inc
- Proto Labs
- Renishaw PLC.
- Reprap
- SLM Solutions Group AG.
- Sciaky Inc
- Scuplteo
- Xyzprinting

For more information visit http://www.researchandmarkets.com/research/x2wxsn/3d_printing

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