Rapid Liquid Printing Market worth $284 million by 2027

1. MarketsandMarkets Presents Rapid Liquid Printing Market worth $284 million by 2027 Rapid Liquid Printing Market by Offering (Printers, Services, Materials, Software), Application (Prototyping, Functional Part/End-Use Manufacturing, Tooling), Vertical (Consumer Products, Fashion), and Region - Global Forecast to 2027 https://www.marketsandmarkets.com/Market-Reports/rapid-liquid-printing-market-250412653.html

2. The rapid liquid printing market size is expected to grow from USD 48 million in 2023 to USD 284 million by 2027 at a CAGR of 55.6% from 2023 to 2027. Fastest printing among all 3D printing technologies, ability to print using industrial-grade materials, and ease of development of customized products are some of the major factors driving the growth of the rapid liquid printing market. Browse 100 market data Tables and 51 Figures spread through 138 Pages and in-depth TOC on "Rapid Liquid Printing Market - Global Forecast to 2027"

3. Rapid liquid printing market for services to grow at a higher CAGR during forecast period The market for services is expected to grow at a higher CAGR during the forecast period. The high growth is expected due to the projected increase in the demand for custom design and manufacturing. With the increasing number of companies offering 3D printing services, it is expected that several companies will adopt rapid liquid printers for manufacturing purposes.  As the rapid liquid printing technology facilitates the manufacturing of products with complex geometries and offers competitive pricing compared to traditional manufacturing methods, several companies across industries are expected to outsource everything—from the design to the production of customized products to sustain in the highly competitive markets. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=250412653 Rapid liquid printing market for automotive vertical is expected to grow at highest CAGR during forecast period The market for automotive vertical is expected to capture the highest CAGR during the forecast period. This growth is mainly driven by the increasing demand for hybrid vehicles and battery-operated vehicles, along with the development of autonomous vehicles, is driving the growth of the global automotive industry. Moreover, the rise in demand for electric and autonomous vehicles is expected to fuel the demand for new automobile components and improved engine design. The adoption of 3D printing technologies to decrease the overall manufacturing cost of vehicles and improve interior designs is expected to fuel the market for 3D printing technologies

4. APAC to be fastest-growing rapid liquid printing market during forecast period APAC is expected to be the fastest-growing market for rapid liquid printing. The growing demand for 3D printing technologies from automotive, aerospace & defense, utility, and healthcare verticals in APAC is expected to support the growth of rapid liquid printing in the region. The requirement to meet the demand for consumer products of the growing population in APAC, along with the ongoing industrialization in emerging economies, is expected to fuel the growth of consumer products and automotive verticals in this region. This, in turn, is expected to contribute to the growing demand for 3D printing technologies, which again translates to the growing demand for rapid liquid printing in APAC. China and Japan are expected to be major markets for rapid liquid printing in APAC. Japan is home to major automobile manufacturers and suppliers who are facing challenges of high labor costs and increased lead time taken by conventional production processes. As such, companies are adopting automated and advanced production technologies to overcome these challenges. The use of additive manufacturing technologies in these countries is expected to fuel the growth of the market for rapid liquid printing in APAC. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=250412653 Steelcase (US), Stratasys (US), 3D Systems (US), Materilise (Belgium), ExOne (US), EOS (Germany), DassaultSystemes (France), Autodesk (US), Native Canada Footwear (Canada), and BMW (Germany) are among a few major players operating in the rapid liquid printing market.

5. Key Market PlayersStratasys (US) is one of the leading providers of additive manufacturing solutions for rapid prototyping and direct digital manufacturing (DDM). It also develops, manufactures, and markets materials for 3D plastic printing marketplace, along with related services. Stratasys is one of the major multidisciplinary 3D technological leadership companies and has the advantage of its proprietary 3D printing technologies, including FDM- and inkjet-based PolyJet printing processes. The company also focuses on the expansion of its Stratasys Direct Manufacturing (SDM) services, which was formed in February 2015 by combining Solid Concepts, Harvest Technologies, and RedEye Services. The company intends to explore these advantages to further explore applications in various industries for its products. It is also planning to expand its SDM platform, where it can serve customers and create awareness about Rapid Prototyping and DDM. The strategy of the company to lead by innovation and increase its geographical presence is expected to support its growth. 3D Systems (US) is among the leading players in the 3D printing industry. It has its patented SLA technology alongside various other technologies, such as SLS, DMP, MJP, film transfer imaging, and color jet printing technology, which provide it with a strong technological advantage. The presence of 3D Systems in multiple industries, such as aerospace, automotive, defense, healthcare, and manufacturing, shows broad applications and capabilities of its products and its image as a diversified company. With frequent technological upgrades in its offerings and the addition of more supply chain partners, 3D Systems further explores new application areas and extends its reach toward unexplored regions.

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