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3D Printing Market<br>
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Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com COVID-19 Impact Tracker
3D PRINTING MARKET ANALYSIS 3D Printing Market, By Use (Commercial and Personal), by Technology (Polyjet, FDM, SLS, SLA, Others), by Application (Consumer electronics, Automotive, Medical, Industrial or business machines, Aerospace, Military and defense, Architectural, Education and Others ) and by Region (North America, Europe, Asia Pacific, RoW) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
Market Overview The global 3D printing market is estimated to account for US$ 15,320.8 Mn in terms of value by the end of 2027 Market Dynamics Drivers • Expanding applications in consumer products and automotive industries is expected to drive growth of the global 3D printing market during the forecast period • Growing trend to manufacture technologically advanced products is expected to propel the global 3D printing market growth over the forecast period
Figure 1. Global 3D Printing Market Share (%), in terms of Value, By Region, 2019
Market Dynamics Restraints • Presence of counterfeit products is expected to restrain growth of the global 3D printing market during the forecast period • Inability to mass produce in quick time is expected to hamper the global 3D printing market growth over the forecast period
Market Opportunities • Replacement of conventional manufacturing by 3D printing can present lucrative opportunities • Development of 3D scanning can pose excellent opportunities for market players
Figure 2.Global 3D Printing Market Value (US$ MN), 2017 - 2027
Market Trends • High demand from consumer product & electronics and automotive sector • Growing adoption of 3D printing for personal us
Global 3D Printing Market - Impact of Coronavirus (Covid-19) Pandemic • Due to Covid-19 pandemic, many industries witnessed significant shift in their business. There is significant impact on 3D printing market, as healthcare industries have suffered significant shortage of products. • Competitive Section Major companies operating in the global 3D printing market are 3D Systems, Inc., Voxeljet Technology GmbH, Arcam AB, Stratasys, Ltd., Concept Laser GmbH, Solidscape, Inc., EOS GmbH Electro Optical Systems, SLM Solutions GmbH, ExOne GmbH, and Optomec.
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