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Markets and Markets : 3D Printing Market is expected to be worth $8.41 Billion by 2020(M2 PressWIRE Via Acquire Media NewsEdge) According to a new market research report on "3D Printing Market by Technology (SLA, SLS, EBM, FDM, EBM, LOM, 3DP), Materials (Polymers, Metal), Application (Aerospace, Automotive, Consumer, Healthcare, Government & Defense) & Geography (Americas, Europe, APAC & ROW) (2013 - 2020)" published by MarketsandMarkets the 3D printing market is expected to grow at a CAGR of 23% from 2013 to 2020, and reach $8.41 billion in 2020. Browse 81 market data tables with 46 figures spread through 320 pages and in-depth TOC on "3D Printing Market". http://www.marketsandmarkets.com/Market-Reports/3d-printing-market-1276.html Early buyers will receive 10% customization on this report. '3D Printing' is a contemporary manner of manufacturing products, which is anticipated to revolutionize the manufacturing industry. The technology has innumerable application areas in diverse industries, namely automotive, aerospace, consumer products, industrial/ business machines, healthcare, education & research, government & defense, and so on. PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=1276 The elements behind the rapid upsurge in the 3D printing market are the innovative and advanced technologies, customized products, governments funding, wide unexploited application market, rapid development of the products at a low cost, and less time-to-market. In addition, the upcoming (in 2014) expiration of patents with respect to the Selective Laser Sintering (SLS) is also believed to provide a further impetus to the growth of the 3D Printer market. The Market has been evolving as a technique to create 3D models and prototypes, in many industries, namely, automotive, aerospace, healthcare, and consumer products- in order to investigate the possibility of completing a project in lesser time and with few resources. However, in the last two decades, 3D printing has made a radical shift from rapid prototyping to rapid manufacturing", mainly, because of its advantages over traditional manufacturing practices such as injection molding, CNC machining, and vacuum casting. These advantages include innovative designing, high adaptability levels, less time to market, and less tooling requirements. 3D printing manufacturing is also found to be quicker and less expensive. The ability of 3D printing to print almost any geometry with a variety of materials makes this technology a preferred choice, especially, in those markets which are characterized by high individualization, low volume, and high value; such as aerospace and healthcare. The major driving factors that support the exponential growth of the market include - the development of new and improved technologies, financial support from governments, large application areas, rapid product development at a low cost, and ease in development of custom products. For More Further Details @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1276 The competitive landscape segment in the report covers all the key growth strategies of several major players as well as startups in the global market; including 3D Systems (U.S.), Stratasys (U.S.), Renishaw (U.K.), EnvisionTEC (Germany), Optomec (U.S.), SLM Solutions (Germany), LayerWise (Belgium), ExOne (U.S.), EOS GmbH (Germany), Organovo Holdings (U.S.), and Arcam (Sweden), among others. The 3D printing market is moving at a very rapid pace and is witnessing enormous developments in patent filings. All the key players are investing, immensely, on research and development activities to gain 'the first mover advantage'. The 3D printing industry is witnessing a binge of new product developments, mergers & collaborations, expansions and other activities in the research and development field. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan North - Dominion Plaza 17304 Preston Road Suite 800, Dallas, TX 75252 Tel: +1-888-600-6441 Email: [email protected] Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets CONTACT: Mr. Rohan Tel: +1-888-600-6441 Email: [email protected] . (c) 2014 M2 COMMUNICATIONS |