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Lucintel Forecasts Industrial 3d Printing Market To Grow At A Cagr Of 19% To 21% From 2021 To 2026
According to the recent study the Industrial 3D Printing Market is projected to grow at a CAGR of 19% to 21% from 2021 to 2026. Growth in this market is primarily driven by increased focus on high-volume production using 3D printing, high demand for 3D printing software to produce industry grade parts, and ease in the development of customized products.
Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in industrial 3D printing market by technology (stereolithography, fused deposition modelling, selective laser sintering, direct metal laser sintering, polyjet printing, inkjet printing, electron beam melting, laser metal deposition, digital light projection, laminated object manufacturing, and others.), material (polymer, ceramic, and metals), process (material extrusion, material jetting, binder jetting, sheet lamination, vat photo polymerization, powder bed fusion, directed energy deposition), application (automotive, aerospace & defense, food & culinary, printed electronics, foundry & forging, healthcare, jewelry, oil & gas, and others), ...
... and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/industrial-3d-printing-market.aspx
“Direct metal laser sintering market is expected to remain the largest segment during the forecast period.”
Based on technology, the industrial 3D printing market is segmented into stereolithography, fused deposition modelling, selective laser sintering, direct metal laser sintering, polyjet printing, inkjet printing, electron beam melting, laser metal deposition, digital light projection, laminated object manufacturing, and others. Lucintel forecasts that the direct metal laser sintering market is expected to remain the largest segment due to technology enables the creation of high-quality metal parts, as it facilitates the construction of complex geometric shapes of metals (up to 20 microns), which makes it ideal for the manufacturing industry.
“Within the industrial 3D printing market, the healthcare segment is expected to remain the largest application.”
Based on application the healthcare segment is expected to witness the highest growth over the forecast period due to demand for personalized medical devices, prosthetics and implants. Also, some of the adoption of 3D printing technology in the healthcare industry is 3D printed skin for burnt victims and airway splints for babies with tracheobronchomalacia, which makes the small airways around the lungs prone to damage.
“North America will dominate the industrial 3D printing market in near future.”
North America will remain the largest region over the forecast period due to the higher usage of industrial 3D printing in aerospace and defense, industrial manufacturing, and healthcare companies. Also, continuous technological upgradation and financial support from the governments are supporting the growth of the North American market.
Download Brochure of this report by clicking on https://www.lucintel.com/industrial-3d-printing-market.aspx
Major players of industrial 3D printing market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. 3D Systems Corporation, Stratasys Ltd., The ExOne Company, voxeljet AG, Arcam AB, EOS Holding GmbH, EnvisionTEC GmbH, Materialise NV and Sciaky Inc. are among the major industrial 3D printing providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/industrial-3d-printing-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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