3D Printing Market

Market Leaders - 3D Printing Market

The overall 3D printing market is expected to grow from USD 9.9 billion in 2018 to USD 34.8 billion by 2024 at a CAGR of 23.25%. Ease in the development of customized products, reduction in manufacturing cost and process downtime, government investments in 3D printing projects, and development of new industrial-grade 3D printing materials are the key factors driving the growth of this market.

Key players in the 3D printing market are the companies operating at different stages of the marketís value chain. These players include Stratasys (US), 3D Systems (US), EOS GmbH (Germany), GE Additive (US), Materialise (Belgium), SLM Solutions (Germany), ExOne (US), Voxeljet (Germany), HP (US), and EnvisionTEC (Germany). Inorganic growth strategies such as agreements, partnerships, and collaborations are the major strategies implemented by many of the above.

To know about the assumptions considered for the study download the pdf brochure

Top 2 Players in 3D printing Market:

Stratasys (US) ranked first in the 3D printing market. The company focuses on the expansion of its Stratasys Direct Manufacturing (SDM) Services, which was formed by combining the forces of Solid Concepts (US), Harvest Technologies (US), and RedEye Services (US) in February 2015. The acquisition of MakerBot Industries, LLC (US) in August 2013 enhanced the leadership position of Stratasys in 3D printing and enabled it to penetrate into the consumer segment to offer desktop 3D printers. Solidscape Inc. (US), Objet Ltd., Solid Concepts (US), Harvest Technologies (US), Interfacial Solutions (US), GrabCAD (US), and Econolyst (UK), among others, are several major acquisitions of Stratasys.

3D Systems (US) ranked second in the 3D printing market. Its presence in the multiple industries, such as aerospace, automotive, defense, healthcare, and manufacturing, signifies the applicability of its products for a broad range of applications, and its capabilities and image as a diversified company. Product launches, partnerships, agreements, and collaborations have been the major strategies adopted by the company for business expansion and technological advancement. For instance, recently in September 2018, the company collaborated with Align Technology (US), makers of the Invisalign system of clear aligners for straightening teeth. The collaboration is expected to enhance 3D Systemís SLA 3D printing technology for the orthodontic industry.

Related Reports:

3D Printing Market by Offering (Printer, Material, Software, Service), Process (Binder Jetting, Direct Energy Deposition, Material Extrusion, Material Jetting, Powder Bed Fusion), Application, Vertical, Technology, and Geography - Global Forecast to 2024

Contact:
Mr. Shelly Singh
MarketsandMarketsô INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
SE 2936
Published ON
Feb, 2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the 3D Printing Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved