NEW YORK, March 4, 2021 / PRNewswire / – 3D Printer Market By Product, Technology, And Geography – Forecast and Analysis 2020-2024 report has been added to Technavio’s offering.
3D Printer Market by Product, Technology and Geography – Forecast and Analysis 2020-2024
The 3D printer market is expected to grow $ 14.49 billionwith a CAGR of over 39% in the forecast period. Get a free sample report in MINUTES
The demand for 3D custom products is one of the main drivers of market growth. However, factors such as the high cost of training the workforce will hamper market growth.
What our reports offer:
How companies can stay relevant
Which values promote customer loyalty?
Effects of lockdowns, supply chain disruptions, destruction of demand and changes in customer behavior
Covers market data for 2020, 2021 to 2025
Market trends (drivers, opportunities, threats, challenges, investment opportunities and recommendations)
Strategic recommendations in key business areas based on market assessments
3D printer market: technology landscape
Fused Deposition Modeling (FDM) technology is easy to use and uses filaments such as acrylonitrile butadiene styrene (ABS) and polylactic acid (PLA), which cost much less than materials used in selective laser sintering (SLS) and stereolithography (SLA) be used . These factors are expected to drive demand for FDM-based 3D printers, particularly in the automotive, aerospace and consumer electronics sectors. The market growth in this segment will be faster than the market growth in the SLS and SLA segments.
3D Printer Market: Geographic Landscape
North America was the largest 3D printer market in 2019 and the region will continue to offer market vendors the maximum growth opportunity over the forecast period. Factors such as increasing government investment and growing demand for 3D printers in the aerospace and defense, consumer electronics and healthcare sectors are driving the growth of the 3D printer market in this region. Over 34% of the market growth will come from North America during the forecast period. The US and Canada are the key markets for 3D printers in North America. The market growth in this region will be faster than the growth of the market in MEA and South America.
The story goes on
Buy 1 Technavio report and get the second for a 50% discount. Buy 2 Technavio reports and get the third one for free.
See the market snapshot before buying
Related reports on industrial stocks include:
Commercial Aerospace 3D Printing Market by Vertical and Geographic 3D Printing – Forecast and Analysis 2020-2024: Commercial Aerospace 3D Printing Market Size May Grow $ 2.09 billion in the period 2020-2024, and the market growth momentum will accelerate in the forecast period. For Full Research Insights: Receive a FREE Sample Report in Minutes!
Large Format Printers Market by Technology and Region – Forecast and Analysis 2020-2024: The Large Format Printers Market Size may grow by USD 325.65M in 2020-2024, and the market’s growth momentum will slow down during the forecast period. For Full Research Insights: Receive a FREE Sample Report in Minutes!
Technavio suggests three forecast scenarios (optimistic, likely and pessimistic) that take into account the effects of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacts on market research reports.
Register for a free trial today and get instant access to 17,000+ market research reports.
Technavio’s subscription platform
Main topics covered:
Value chain analysis
Five forces analysis
Market segmentation by product
Market segmentation by technology
FDM – Market Size and Forecast 2019-2024
SLS – Market size and forecast 2019-2024
SLA – Market size and forecast 2019-2024
Other – Market size and forecast 2019-2024
North America – Market size and forecast 2019-2024
Europe – Market size and forecast 2019-2024
APAC – Market size and forecast 2019-2024
South America – Market size and forecast 2019-2024
MEA – Market Size and Forecast 2019-2024
Major leading countries
Market opportunity by geography
Drivers, challenges and trends
Volume drivers – demand-driven growth
Volume drivers – supply-oriented growth
Volume Driver – External Factors
Volume driver – shift in demand in adjacent markets
Price driver – inflation
Price drivers – change from cheaper to higher-priced units
Technavio is a leading global technology research and consulting company. Her research and analysis focuses on emerging market trends and provides actionable insights that companies can use to identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes more than 17,000 reports and 800 technologies from 50 countries. Her customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive coverage, research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive position in changing market scenarios.
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Report page: https://www.technavio.com/report/3d-printer-market-industry-analysis
Technavio (PRNewsfoto / Technavio)
View original content to download multimedia: http://www.prnewswire.com/news-releases/3d-printer-market-size-is-projected-to-be-around–14-49-billion-by- 2024- -technavio – with-key-providers — 3d-systems-corp-eos-gmbh-electro-optical-systems-formlabs-inc-and-others-301240301.html