Analysts forecast the global 3D printer market > to grow at a CAGR of 41.5%



3D printing, also known as AM, uses CAD to create an object. It is a process of making 3D objects using plastic, metal, and composite materials, usually layer upon layer, to build physical models, prototypes, patterns, tooling components, and production parts.

Basically, in 3D printing, the first step is to make a virtual design of the desired object, and this virtual design is made in a CAD file by using a 3D scanner or by using a 3D modeling program. The next step, after getting the 3D file, is to print it; the 3D modeling software in the 3D printer will “slice” the design into numerous layers, and uses the material to create the object layer by layer.

Analysts forecast the global 3D printer market to grow at a CAGR of 41.5% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global 3D printer market for the period 2015-2020. To calculate the market size, the report covers the shipment of 3D printers worldwide to the OEMs operating in the following key customer segments:

– Automotive
– Consumer products (including home décor, and jewelry)
– Healthcare
– Aerospace and military
– Others (including industrial, education and research, and architecture)

The author’s report, Global 3D Printer Market 2016-2020, 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
– EnvisionTEC
– ExOne
– Stratasys

Other prominent vendors

– EOS
– Matsuura Machinery
– Mitsubishi
– Shaanxi Hengtong Intelligent Machine
– Ultimaker
– Voxeljet
– Wuhan Binhu Mechanical & Electrical

Market drivers

– Increase in popularity of 3D printing
– For a full, detailed list, view the full report

Market challenges

– Intellectual property rights and legal disputes
– For a full, detailed list, view the full report

Market trends

– Increased use of 3D printing among entrepreneurs and consumers
– For a full, detailed list, view the full report

Key questions answered in this report

– What will the market size be in 2020 and what will the growth rate be?
– What are the key market trends?
– What is driving this market?
– What are the challenges to market growth?
– Who are the key vendors in this market space?
– What are the market opportunities and threats faced by the key vendors?
– What are the strengths and weaknesses of the key vendors?

Source: http://www.researchandmarkets.com/research/h2c3wv/global_3d_printer

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