3D Printing Market Manufacturing Base, Business Overview,
Outlook and Shares Forecasts To 2020
“The Global 3D Printing Market is estimated to develop at a substantial CAGR
for the duration of the prediction period. The market research report delivers
an exceptional means for assessing the market, emphasizing openings, and
backing up the planned and calculated policymaking.”
Industry Insights:
Being a part of additive manufacturing (AM), 3D printing technology has modified itself from prototyping to
establishing products of use. This process includes layering, drilling without the involvement of cutting, etc. Due
to this, altering the primary software would help in establishing different products. But this technology is
different from that of mass production resulting in the production of identical parts in bulk at a comparatively
lower cost.
Since these are produced in bulk with fixed prototypes, producers are shifting towards establishing low-volume
products which can be used in many industries. The primary advantage of this technology is the manufacture of
spare parts which are hardly available.m3D printing decreases the need of iterative product development
thereby helping in the manufacturing of reliable products. Also, it helps in reducing the raw material wastage in
cases like machining as only a part required for printing activities is used. Increasing demand for R&D activities
and product development are expected to be the primary driving factors for this market.
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Increasing demand for cost reduction, ease of manufacturing, increased design freedom and growth in
industries such as healthcare are also some of the key driving factors to increase the use of this technology. But
the lack of skilled employees to be able to manage and use this technology is one of the factors that can hamper