Press Releases
3D Printing Market, Size, Share, Trends & Industry Forecast – 2023

3D Printing Market Size, Growth, Trend and Forecast to 2023 | MarketsandMarkets

United States, 7 February 2019 -- 3D Printing Market Research Report, identifies new revenue opportunity in 3D Printing industry. The report aims at estimating the market size and future growth of the 3D Printing based on offering, process, application, vertical, and region.

The 3D printing market is gaining traction from the global and local players offering customized functional parts, in addition to prototypes, for the industrial applications (especially automotive and aerospace industries). The global 3D printing market is expected to grow at a CAGR of 25.76% between 2017 and 2023. The market is further estimated to grow at a remarkable rate during the forecast period owing to factors, such as ability to create customized products, reduction in the overall manufacturing costs, strong government supports across regions, and continuous technological advancements (such as upbringing of new, improved, and better printing materials for meeting unique application need). The major players in the 3D printing market include Stratasys Ltd. (US), 3D Systems Corporation (US), EOS GmbH (Germany), Materialise NV (Netherlands), SLM Solutions Group AG (Germany), Arcam AB (Sweden), Concept Laser GmbH (Germany), The ExOne Company (US), Voxeljet AG (Germany), Proto Labs, Inc. (US), Optomec Inc. (US), ARC Group Worldwide, Inc. (US), GROUPE GORGÉ (France), EnvisionTEC GmbH (Germany), Mcor Technologies Ltd. (Ireland), Beijing Tiertime Technology Co. Ltd. (China), Renishaw plc (UK), XYZprinting (Taiwan), Ultimaker BV (Netherlands), Koninklijke DSM N.V. (Netherlands), Höganäs AB (Sweden), taulman3D, LLC (US), Nano Dimension (Israel), Carbon Inc. (US), Markforged, Inc. (US), and Cookson Precious Metals Ltd. (UK).

Download PDF Brochure @

The major players adopted the strategies of agreements, partnerships and collaborations; mergers and acquisitions; and product launches to expand their global presence and increase presence in their respective areas of 3D printing expertise. For instance, in May 2017, Stratasys Ltd. (US) announced the extension of its partnership agreement with Desktop Metal (US) to increase accessibility and adoption rate of metal 3D printing. Stratasys also entered into a multiyear agreement with Team Penske in February 2017 to provide equipment and support services to assist NASCAR and IndyCar racing platforms of Team Penske. In March 2017, 3D Systems Corporation (US) introduced ProJet MJP 2500W and VisiJet M2 CAST RealWax material for applications in jewelry and industrial casting.

Stratasys Ltd. (US) and 3D Systems Corporation (US) are two of the key players in the 3D printing market. 3D printers offered by Stratasys are marketed under the idea series, design series, production series, and dental series. Stratasys Ltd. provides 3D printing solutions for various industries such as automotive, aerospace and defense, industrial, recreational, electronic, medical, and consumer products. As part of its business strategy, Stratasys made various agreements, partnerships, and collaborations to expand its presence across emerging applications and extend its geographic reach. For instance, in 2017, Stratasys strengthened its 3D printing service offerings with the introduction of Expert Services Group for the market in North America. The company also partnered with McLaren Racing (UK) in 2017 to foster its growth across the automobile industry.

3D Systems (US) operates under one business segment and provides 3D printing solutions comprising products, materials, and related services. The products offered consist of a wide range of 3D printers, software, and other products including 3D scanners and perceptual devices to access to 3D content creation and enable seamless integration with printers and software. As part of its integrated solutions approach, the company also offers 3D printing consumables such as plastic, nylon, metal, and composite materials under several brand names including Accura, DuraForm, CastForm, LaserForm, and VisiJet. The company extensively focuses on enhancing its offerings for the healthcare industry, backed by several product enhancements and new additions. In January 2017, 3D Systems introduced VSP Cranial for cranial and craniofacial procedures. In 2016, the company extended its anatomical modeling service to include a pliable MultiJet Printing (MJP) material for its patient-specific 3D modeling and printing services.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441

# # #

Image Attached Image Attached Download file at: Suite 430
(Right click and save file to download.)

Document Attached Image Attached Download file at: 60062
(Right click and save file to download.)

Submitted by stevestark002 on Thursday, 7 February 2019 at 6:31 PM
Category: Consumer Technology
Related News

dbForge Studio for Oracle Now Has A New Look & Oracle 19c Support
Monday, 22 Apr 2019

dbForge Studio for Oracle Now Has A New Look & Oracle 19c Support
Monday, 22 Apr 2019

Best Choice to Win Up to 7% off rs 3 gold at RSorder for Guilded Eggstravaganza Till Apr.26
Monday, 22 Apr 2019

Stars Expert: The World’s First Crypto-Based App For Paid Videocalls
Friday, 19 Apr 2019

Global Wedding Ring Market: Status and Forecast 2024
Friday, 19 Apr 2019

Related Events

Maintenance Error: Are we learning? Thursday 9th May, Cranfiled University
Thursday, 9 May 2019

Thursday, 9 May 2019

Risk Americas 2019, May 14-15, New York
Tuesday, 14 May 2019

The Largest Advanced Design & Manufacturing Event on the East Coast
Tuesday, 11 Jun 2019

Predictive Analytics World for Industry 4.0 - Las Vegas - June, 2019
Sunday, 16 Jun 2019

Latest News

Infection Surveillance Solutions Market Current Trends and Future Aspect Analysis 2024
Tuesday, 23 Apr 2019

Hospital Infectious Disease Testing Market Latest Trends, Demand and Analysis 2024
Tuesday, 23 Apr 2019

Proton Radiotherapy Systems Market Latest Trends, Demand and Analysis 2024
Tuesday, 23 Apr 2019

Custom Primer Generation Service Market Latest Trends, Demand and Analysis 2024
Tuesday, 23 Apr 2019

Pyro Sequencing Market Report 2016 and Future Opportunity Assessment 2024
Tuesday, 23 Apr 2019

Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Tuesday, 23 April 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Consumer Technology
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
News & Media
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!

Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.

  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.

  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • 3rd Annual NASH Summit | April 22-25, 2019 | Boston, MA
  • Rx Drug Abuse and Heroin Summit
  • European NeoAg Summit 2019
  • 46th IOP Plasma Physics Conference, Loughborough, UK
  • Transformational CISO Assembly in Nashville - April 2019

  • Latest Jobs
    Sorry, there are currently no entries posted here.