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Global Industrial 3D Printing Market Technologies, Market share and Industry Forecast to 2024 - ResearchAndMarkets.com

October 5, 2018

DUBLIN--(BUSINESS WIRE)--Oct 5, 2018--The “Global Industrial 3D Printing Market - Technologies, Market share and Industry Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.

Global industrial 3D printing market is expected to rise with a CAGR of 28% during the forecast period 2017-2024.

Key factors driving the market growth are ease of developing customized products, development of new industrial 3D printing materials, reduction in the manufacturing cost and process downtime and government investments in 3D printing projects.

Limited availability and high cost of materials, difficulties associated with the use of 3D printing software and lack of standard process control is expected to restrain the market growth. However, emerging applications in the manufacturing sector, and potential to improve manufacturing processes and enhance supply chain management are expected to provide lucrative market opportunities. Ensuring product quality and threat of copyright infringement is expected to challenge the market growth.

Geographically, North America is the leading market region for global industrial 3D printing market in terms of market revenue share. This is due to the increased adoption of industrial 3D printing in automotive, aerospace and defense and healthcare industries in U.S. along with technological advancements in 3D printing technology. However, Asia Pacific is expected to emerge as the fastest growing region owing to the government initiatives to support 3D printing technology, increased expenditure on 3D printing to be used in education sector, growing industrialization and urbanization.

Global industrial 3D printing market is influenced by the presence of leading companies, such as Koninklijke DSM N.V. (Netherlands), 3D Systems Corporation (U.S.), Concept Laser GmbH (Germany), EOS GmbH (Germany) and Stratasys Ltd. (U.S.).

Market Determinants

Market Drivers

Government Investments In 3D Printing Projects Development Of New Industrial 3D Printing Materials Reduction In The Manufacturing Cost And Process Downtime Ease Of Developing Customized Products

Market Restraints

Limited Availability And High Cost Of Materials Difficulties Associated With The Use Of 3D Printing Software Lack Of Standard Process Control

Market Opportunities

Emerging Applications In Manufacturing Sector Potential To Improve Manufacturing Processes And Enhance Supply Chain Management

Market Challenges

Ensuring Product Quality Threat Of Copyright Infringement

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Global Industrial 3D Printing Market By Offering

5. Global Industrial 3D Printing Market By Application

6. Global Industrial 3D Printing Market By Process

7. Global Industrial 3D Printing Market By Technology

8. Global Industrial 3D Printing Market By Industry

9. Competitive Landscape

10. Geographic Analysis

11. Company Profiles

3D Systems Corporation (U.S.) ARC Group Worldwide, Inc. (U.S.) Concept Laser GmbH (Germany) Envisiontec GmbH (Germany) EOS GmbH (Germany) Groupe Gorg (France) Koninklijke Dsm N.V. (Netherlands) Markforged, Inc. (U.S.) Materialise Nv (Belgium) Optomec Inc. (U.S.) Renishaw Plc (U.K.) SLM Solutions Group AG (Germany) Stratasys Ltd. (U.S.) The Exone Company (U.S.) Voxeljet AG (Germany)

For more information about this report visit https://www.researchandmarkets.com/research/5rff6n/global_industrial?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181005005297/en/

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Related Topics:3D Printing

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE SOFTWARE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/05/2018 09:58 AM/DISC: 10/05/2018 09:58 AM

http://www.businesswire.com/news/home/20181005005297/en

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