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Global 3D Printers Market Forecast and Opportunities, 2020
1. M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
Global 3D Printers Market
Forecast & Opportunities, 2020
2. I n d u s t r y B r i e f
3D printer is a computerized device that produces a three dimensional object by creating a series of thin layers.
Although, the technology originated during the early 1990s, commercial growth of the technology started after 2003.
Applications of 3D printers include designing of clothes, jewellery, footwear, prototypes, metal objects, etc. Increasing
adoption within manufacturing industries, decreasing average selling prices and government support are the key
factors driving 3D printers market globally. Powder bed fusion and vat polymerization are the most prominent 3D
printing processes used by various industries such as automobile, healthcare, aerospace and defense. Besides
manufacturing industries, educational institutes, and research agencies such as NASA are also adopting 3D printers for
various R&D activities.
According to “Global 3D Printers Market Forecast & Opportunities, 2020”, global 3D printers market is estimated
to grow at a CAGR of over 31% through 2020. In 2014, North America and Europe dominated global market for 3D
printers, on account of significant adoption of personal as well as industrial & metal 3D printers. United States and
Germany in particular, witnessed significant increase in adoption of 3D printers across a wide range of industries.
Countries such as the Netherlands, Russia, and Italy are other leading markets for 3D printers. A number of technical
colleges and universities in these countries have started integrating 3D printing technologies into their course
curriculum through collaboration with 3D printer manufacturers and other industry stakeholders. Global 3D printers
market is dominated by Stratasys, which accounted for majority share in the market in 2014, and is expected to retain
its position through 2020. 3D Systems, EnvisionTEC, and Mcor are other prominent manufacturers of 3D printers
globally. “Global 3D Printers Market Forecast & Opportunities, 2020” discusses the following aspects related to
3D Printers market worldwide:
•Global 3D Printers Market Size, Share& Forecast
•Regional Market Analysis - North America, Asia-Pacific, Europe & Rest of World
•Changing Market Trends & Emerging Opportunities
•Competitive Landscape & Strategic Recommendations
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