Research and Markets (http://www.researchandmarkets.com/research/vjxxw8/global_3d_printer) has announced the addition of the "Global 3D Printer Market 2015-2019" report to their offering.
The Global 3D Printer market to grow at a CAGR of 42.44% over the period 2014-2019
3D printing, also known as AM, uses computer-aided designs 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.
A 3D printer creates 3D objects of any shape without any molding, assembly, or use of machines. It helps in making high-end goods at a reduced cost. In the Automotive and Aerospace sectors, the use of 3D printing enables manufacturers to make complex parts with high efficiency. Fashion designers also use AM to produce complex jewelry and clothing designs with the use of nylon.
In addition, researchers are finding ways to use this technology and make prosthetic parts using biological materials such as cartilage, bone, and skin. 3D printing is an evolving technology that serves various sectors such as Automotive, Healthcare, and Aerospace, and is expected to also find new applications in other sectors.
Increased usage of 3D printing by entrepreneurs and consumers is one of the major trends upcoming in this market. Access to 3D printing has sparked innovation and creativity, enabling the creation of customized items ranging from toys to artificial limbs.
According to the report, the need for quick turnaround time is one of the major drivers of the market. 3D printers facilitate the production of reliable and cost-effective products. Thus, they lower the need for multiple prototypes and analysis time as a result of which the manufacturers can achieve reduced product development cycle time and time-to-market pressure for vendors.
Further, the report states that intellectual property rights and copyright issues are one of the key challenges in the market. Cases related to patent infringement and intellectual property rights have increased with the increased usage of 3D printing technology, which may hamper the growth of the market.
Key Vendors
- 3D Systems Corp.
- EnvisionTEC
- ExOne Co.
-
Stratasys Ltd.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by End-users
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
- Market Summary
For more information visit http://www.researchandmarkets.com/research/vjxxw8/global_3d_printer
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Sector: Hardware
