The North America 3D printing market is predicted to expand with a CAGR of 25.73%
LONDON, Nov. 2, 2017 /PRNewswire/ --
KEY FINDINGS The North America 3D printing market is predicted to expand with a CAGR of 25.73%, increasing its net worth from $2842 million in 2016 to $22106 million by the end of the forecast period of 2017-2025.
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MARKET INSIGHTS The 3D printing technology is fast gaining preference over traditional manufacturing methods owing to its efficiency and high precision. The U.S market is expected to dominate the North American 3D printing market for the forecast period. The market is categorized on the basis of its technology and applications. Presently, the most widely applied technology is thepolyjet technology whereas the most popular application in this market is for the electronics & consumer products. The challenge to produce less resistant items and the legal risk associated with 3D printing might slow down the market progress for the coming years.
COMPETITIVE INSIGHTS Koninklijke DSM N.V, 3D Systems Corporation, Materialise NV, Proto Labs Inc, Optomec Inc, Arcam Group, and Stratasys Ltd are some of the leading companies in the North American market.
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