The industrial 3D printing market report describes market dynamics that include key drivers, restraints, challenges, and opportunities for the growth of the industrial 3D printing market and forecasts the same till 2023.
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The industrial 3D printing market report describes market dynamics that include key drivers, restraints, challenges, and opportunities for the growth of the Industrial 3D Printing Market and forecasts the same till 2023.
Industrial 3D Printing Market Projected to Reach US$ 5.66 Billion by 2023.
The industrial 3D printing market is expected to grow at a CAGR of 27.21% between 2018 and 2023, to grow from USD 1.73 billion in 2018 to reach USD 5.66 billion by 2023. Key players in the Industrial 3D Printing Market with their respective market rank analysis. The prominent players profiled in this report are 3D Systems Corporation (US), Stratasys Ltd. (US), EOS GmbH (Germany), Materialise NV (Belgium), The ExOne Company (US), Voxeljet AG (Germany), EnvisionTEC GmbH (Germany), Arcam AB (Sweden), Concept Laser GmbH (Germany), Optomec Inc. (US), SLM Solutions Group AG (Germany), GROUPE GORGÉ (France), Renishaw plc (UK), Koninklijke DSM N.V. (Netherlands), Höganäs AB (Sweden), ARC Group Worldwide, Inc. (US), Markforged, Inc. (US), Cookson Precious Metals Ltd. (UK), and Sculpteo (France).
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Target Audience of the Report:
• Industrial 3D printer and printer solution providers
• Industrial 3D printing service providers
• Industrial 3D printing materials and accessories providers
• Industrial 3D printing consulting companies
• Industrial 3D printing assembly companies
• 3D printing software providers
• Associations, organizations, forums, and alliances related to industrial 3D printing
• Government and corporate offices
• Venture capitalists, private equity firms, and start-up companies
• Distributors and traders
• End users willing to know more about the industrial 3D printing technologies and latest technological developments in the industrial 3D printing market
“Industrial 3Dprinting market for printed electronics industry is expected to witness a high CAGR during the forecast period”
Industrial 3D printing holds great potential in the printed electronics industry as it provides the opportunity to engineers to develop objects with complex internal structures, which otherwise would be difficult to produce using traditional methods. The growing adoption of industrial robotics in the printed electronics industry is driving the industrial 3D printing market for the robotics application as it is used to develop robot arms, grippers, and body parts. Common electronic materials including conductor, dielectric, resistor, and semiconductor inks can be processed to print sensors, antennae, shielding transistors, solar cells, light-emitting diodes, and other active and passive components.
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Industrial 3D printing market in APAC is expected to witness the highest CAGR during the forecast period”
APAC is the fastest-growing market for automotive and printed electronics industries, and offers new market opportunities for industrial 3D printing. Tooling and robotics are the major applications driving the market for industrial 3D printing in APAC. Japan and China are the major contributors to this market.
In the process of determining and verifying the market size for several segments and subsegments gathered through the secondary research, extensive primary interviews have been conducted with key industry experts in the industrial 3D printing market space.
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The break-up of primary participants for the report has been shown below:
• By Company Type: Tier 1 =30%, Tier 2=45%, and Tier 3 =25%
• By Designation: C-level Executives=35%, Directors=45%, and Others = 20%
• By Region: Americas=45%, Europe =30%, Asia Pacific =20%, and RoW =5%
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Source URL: https://marketersmedia.com/industrial-3d-printing-market-projected-to-reach-us-5-66-billion-by-2023/380816
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Source: MarketersMedia
Release ID: 380816
