3D Printing Services Market Anticipated To Grow At A CAGR Of 26.42% During The Forecast Period 2018-2022 | Million Insights

“Million Insights – World\’s Fastest Growing Market Research Database”
According to new report available with Million Insights, 3D printing is also known as “Additive Manufacturing”. It implies digitization of 3D objects.The factors that propel the growth of the market include ability to reduce overall manufacturing costs, ease of development of customized products, government investments in the 3D printing projects for the deployment and development of the technology, technological innovations, and a wide range of applications.

Global 3D Printing Services Market is anticipated to witness exponential growth in the forecast period. 3D printing is also known as “Additive Manufacturing”. It implies digitization of 3D objects. The factors that propel the growth of the market include ability to reduce overall manufacturing costs, ease of development of customized products, government investments in the 3D printing projects for the deployment and development of the technology, technological innovations, and a wide range of applications.

On the other hand, there are factors that may hamper the growth of the market including high cost of operating industrial 3D printers and industrial 3D printers. Globally, the market is anticipated to grow at a significant CAGR of 26.42% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Full Research Report On Global 3D Printing Services Market Analysis available at: https://www.millioninsights.com/industry-reports/3d-printing-services-market

The market may be explored by product type, service offering, application, technology type and geography. Market may be explored by product type as Materials and 3D Printers. Based on service offering, market could span rapid prototyping, software services, expert services, and system maintenance.

The key applications that could be explored in the market include Aerospace, Consumer products, Automotive, Industrial, Healthcare, Education & research, Defense, and Others. The “Healthcare” segment led the 3D printing services market in 2016 and is anticipated to maintain its dominance over forecast period. The key factors that may be attributed to the growth of market include innovations in 3D printing technology.

The market could be explored based on technology type as Vat photo polymerization, Extrusion, Power bed fusion, and Jetting. The “Extrusion” segment led the market in 2016 and is anticipated to maintain its dominance over forecast period. The key factors that could be attributed to the growth of the market include increased demand from the manufacturing industry in established nations such as Germany and US. Extrusion segment is followed by photo polymerization segment.

Request for Free Sample Copy at: https://www.millioninsights.com/industry-reports/3d-printing-services-market/request-sample

North America accounted for the major share of the 3D printing services market in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include strong demand from defense and aerospace, education, consumer product, and healthcare industry, the presence of key manufacturers, and strong government support. The U.S. held the largest share of the North America 3D printing services. North America is followed by Asia-Pacific and European region owing to increasing expenditure of governments on growth of printing technology, and favorable government policies.

Some of the key players that fuel the growth of the 3D printing services market comprise Concept Laser GmbH, Stratasys Inc., 3D Systems, Inc., 3D Systems Corporation, Arcam AB, Microtec Gesellschaft Fur Microcomputervertrieb MBH, Optomec, and Materialise NV and EOS GmbH ExOne GmbH. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/technology

Market Segment:

The market is divided into the following segments based on geography:

• Americas

• APAC

• EMEA

Global 3D Printing Services Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• 3D Systems

• Arcam

• ExOne

• Materialise

• Stratasys

About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

For More Information: www.millioninsights.com

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: www.millioninsights.com/industry-reports/3d-printing-services-market