Global 3D Desktop Printer Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, and Opportunities | Technavio
The 3D desktop printer market is expected to grow by USD 9.29 billion, progressing at a CAGR of almost 37% during the forecast period.
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Technavio has announced its latest market research report titled Global 3D Desktop Printer Market 2020-2024 (Graphic: Business Wire)
The rising demand for quick prototyping is one of the major factors propelling market growth.
3D desktop Printer Market: Technology Landscape
3D printers with FDM technology are less expensive and user-friendly. This technology is commonly used for prototyping, production, and modeling applications. Moreover, 3D printers with FDM technology are used to manufacture in-house products, ranging from toys to plastic utensils. The benefits of 3D desktop printers with FDM technology, such as affordability, user-friendliness, and scalability, contribute to the growth of the desktop 3D printer market in this segment. Market growth in this segment will be faster than the growth of the market in SLS and others technology segments.
3D desktop Printer Market: Geographic Landscape
The growing IT investments and digitalization among enterprises and start-ups, rising venture capital investments, and increasing government initiatives are some of the factors that will significantly influence desktop 3D printer market growth in the region. Over 38% of the market's growth will originate from North America during the forecast period. The US and Canada are the critical desktop 3D desktop printer markets in North America. Market growth in this region will be slower than the growth of the market in APAC.
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Global Large Format Printers Market: The large format printers market size has the potential to grow by USD 325.65 mn during 2020-2024, and the market's growth momentum will decelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
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Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TECHNOLOGY
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
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