3D Printing Market (2013 - 2020) - New Market Report

From: Fast Market Research, Inc.
Published: Fri Nov 29 2013


3D Printing Market (2013 - 2020) - By Technology (SLA, SLS, EBM, FDM, EBM, LOM, 3DP), Materials (Polymers, Metal), Application (Aerospace, Automotive, Consumer, Healthcare, Government & Defense) & Geography (Americas, Europe, APAC & ROW)

3D printing has been evolving as a technique to create 3D models and prototypes, in many industries, namely, automotive, aerospace, healthcare, and consumer products- in order to investigate the possibility of completing a project in lesser time and with few resources. However, in the last two decades, The Market has made a radical shift from rapid prototyping to rapid manufacturing", mainly, because of its advantages over traditional manufacturing practices such as injection molding, CNC machining, and vacuum casting. These advantages include innovative designing, high adaptability levels, less time to market, and less tooling requirements. Manufacturing is also found to be quicker and less expensive. The ability of 3D printing to print almost any geometry with a variety of materials makes this technology a preferred choice, especially, in those markets which are characterized by high individualization, low volume, and high value; such as aerospace and healthcare. The major driving factors that support the exponential growth of the market includes - the development of new and improved technologies, financial support from governments, large application areas, rapid product development at a low cost, and ease in development of custom products.

Full Report Details at
- http://www.fastmr.com/prod/724735_3d_printing_market_by_technology_sla_sls_ebm_fdm.aspx?afid=303

In this report, the global market is segmented on the basis of technology, material, application, and geography. The technology segment comprises of Stereo lithography (SLA), Laser Sintering, Electron Beam Melting (EBM), Fused Disposition Modeling (FDM), Laminated Object manufacturing (LOM), Three Dimensional Inkjet printing (3DP), and other proprietary technologies. The global market by material comprises polymers, metals/alloys, and others (ceramics, sand, and paper). The application segment includes aerospace industry, automotive consumer products, healthcare, government and defense, industrial/business machines, education & research, and others (arts, architecture). Health care and aerospace are the two fastest growing application areas. The stringent requirements such as light weight and accurate & precise design requirements for airplanes parts are the major driving factors behind the growth in the aerospace industry, over traditional manufacturing methods. However, the increasing medical procedures' volumes due to the growing population, rising income levels, low labor costs, and increasing health awareness are responsible for the tremendous growth of 3D printing in healthcare sector, as well.

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