Saturday, March 1, 2014

3D Printing Market by Technology Application worth $8.41 Billion by 2020

The market is expected to reach $8.41 billion by 2020, at an estimated CAGR of 23% from 2013 to 2020. The major driving factors for the 3D printing market are: - ease in the manufacturing of low volume production of complex geometry components, and rapid manufacturing of customized products with regards to various applications such as aerospace, automotive, consumer and healthcare. In the report, different technologies such as stereolithography, laser sintering, electron beam melting, fused disposition modeling, and laminated object modeling- are discussed. The materials market includes -polymers- and -metals-. The 3D printing market finds its application in the aerospace, automotive, consumer, healthcare, government &-; defense, industrial machines, and education and research sectors. The geography market is categorized into Americas, Europe, APAC, and ROW.

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