3D Printing Devices Services and Supplies Market (Technology - Extrusion, Jetting, Powder Bed Fusion, Vat Photopolymerization, Stereolithography , Sheet Lamination, and Direct Energy Deposition; Applications - Aerospace, Healthcare, Automotive, Industrial, Jewelry, and Energy): Global Industry Analysis, Trends, Size, Share and Forecasts to 2024. According to the report, the global 3D printing devices services and supplies market is projected to grow at a CAGR of 28% over the forecast period of 2018-2024.
Pune, India -- (SBWIRE) -- 04/22/2019 -- Study on 3D Printing Devices Services and Supplies Market by Infinium Global Research is a comprehensive presentation of qualitative and quantitative research to identify key trends, growth prospects, drivers, restraints and opportunities in the global market. The report also deep dives into the sub-segments of 3D printing devices services and supplies market by technology (extrusion, jetting, powder bed fusion, vat photopolymerization, stereolithography , sheet lamination,), applications (aerospace, healthcare, automotive, industrial, jewelry, energy) through main geographies in the global market such as North America, Europe, Asia-Pacific and RoW.
Browse through over 100 tables and figures to get a complete view of the global and regional markets of 3D printing devices services and supplies over the period of 2018 to 2024. This report also provides the existing competitive scenario of some of the key players of the global 3D printing devices services and supplies market which includes company profiling of 3D Systems, Stratasys, Materialise NV, Arcam AB, The ExOne Company, Proto Labs, ARC Group Worldwide, EOS GmbH, SLM Solutions, and Renishaw.
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3D printing, also known additive manufacturing creates physical objects from a digital design file. It uses input substrate materials using a layer upon layer printing method. There are seven major 3D printing technologies available today, which include vat photopolymerization, material extrusion, material jetting, binder jetting, powder bed fusion, direct energy deposition and sheet lamination. 3D printing uses a layer-by-layer, particle-by-particle approach to manufacturing, it is able to make very complicated shapes that are indescribable using a traditional process such as molding, machining or casting. Various materials used in 3D printing manufacturing includes plastics, ceramics, wax, metals, sand, glass and biomaterials. The benefits of 3D printing today go way beyond just making models and prototypes. 3D printing is becoming a way of making components and products sold across the supply chain from the bracket in the aircraft door to the dental aligner in the teenager's mouth. They are also used in the dental laboratory to the jewelry retailer, from the aerospace factory to the hospital basement.
Manufacturing Personalized and Patient-Specific Products to Promote Growth in the 3D Printing Devices, Services and Supplies Market
3D printing has been transforming over the past several years and there is growing evidence that the innovations in technology and materials have finally brought it beyond the publicity stage. Aerospace, defense and automotive are the most mature industries in applying 3D printing. Nevertheless, growing awareness of 3D printing in the market and a readiness to leverage the technology for prototyping, tools, fixtures and even finished products are increasing in several other industries. 3D printing is also becoming a powerful solution for manufacturing personalized and patient-specific products, along with lightweight, efficient and optimized components.
Report Findings
1. Drivers
Growing Awareness about 3D Printing
Reduced Lifecycle Costs by Using 3D Printing
Technological Developments in Healthcare 3D Printing
2. Restraints
Quality and Regulatory Issues
Lack of Sufficient 3D Printing Experts
3. Opportunities
The emergence of Cloud-based 3D Printing Service Providers
Increasing Demand for Organ Transplantation
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North America Region Contribute to Growth in the Global 3D Printing Devices, Services and Supplies Market
North America dominated the 3D printing devices, services and supplies market. The growth in the North American region is due to the established players in the U.S. Growing awareness about the benefits of using 3D printing mainly in the Medical devices, automotive, military and Aerospace Europe is anticipated to be the second largest region followed by the Asia Pacific region. Italy, Germany, France, and Sweden are the major countries offering lucrative opportunities for the players to grow in the 3D printing market over the years to come.
The ExOne Company Introduced the All-New X1 25PRO™ 3D Printing Machine
In November 2018-The ExOne Company a global provider of three-dimensional ("3D") printing machines and 3D printed and other products, materials and services to industrial customers, announced the release of its newest system, the X1 25PRO™. The new X1 25PRO™ offers customers the ability to produce fine quality parts from a variety of materials including 316L, 304 L, and 17-4PH stainless steels; Inconel 718® and 625; M2 and H11 tool steels; cobalt chrome; copper; tungsten carbide-cobalt; and many others.
ExOne has a pioneering legacy of being on the cutting edge of introducing materials and processes using binder jetting. We currently have machines installed in customer facilities in more than twenty countries around the globe and we are proud to bring innovations like the X1 25PRO™.
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