Growth of 3D Printing Market
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In this report, the global 3D printing is segmented on the basis of technology, material, application, and geography. The technology segment comprises of Stereo lithography (SLA), Laser Sintering, ...
In this report, the global 3D printing is segmented on the basis of technology, material, application, and geography. The technology segment comprises of Stereo lithography (SLA), Laser Sintering, Electron Beam Melting (EBM), Fused Disposition Modeling (FDM), Laminated Object manufacturing (LOM), Three Dimensional Inkjet printing (3DP), and other proprietary technologies. The global 3D printing market by material comprises polymers, metals/alloys, and others (ceramics, sand, and paper). The application segment includes aerospace industry, automotive consumer products, healthcare, government and defense, industrial/business machines, education & research, and others (arts, architecture). Health care and aerospace are the two fastest growing application areas for 3D printing. The stringent requirements such as light weight and accurate & precise design requirements for airplanes parts are the major driving factors behind the growth of 3D printing in the aerospace industry, over traditional manufacturing methods. However, the increasing medical procedures’ volumes due to the growing population, rising income levels, low labor costs, and increasing health awareness are responsible for the tremendous growth of 3D printing in healthcare sector, as well.
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