Cart
0

North America 3D Printing Market Is Expected to Reach $5.01 Billion by 2022.

 
 

quote The U.S. is the highest revenue-generating country in the North America 3D printing market, followed by Canada. Rapid growth in the U.S., in various sectors including consumer products, healthcare, defense, aerospace, and automobile, accelerates the growth of 3D printing in this region. Mexico is expected to be the fastest growing country with a CAGR of 27.3% from 2016 to 2022 because of rapid adoption of 3D printing in the developing industrial sectors. quote

Gunjan Malani
,

Get 20% Free Customization In This Report
Follow us on Social Media:        facegplus_ntwit_npr_npr_n
 

North America 3D Printing Market Report, published by Allied Market Research, forecasts that the North American market is expected to garner $5.01 billion by 2022, registering a CAGR of 20.1% during the period 2016-2022. Development of customized complex products using a wide range of materials drives this market. Higher accuracy, reduction in production cost and time coupled with minimized human error supplement its growth.

View Detail Summary of this report: https://www.alliedmarketresearch.com/north-america-3d-printing-market

3D printing is used across various industries, including consumer products, aerospace, automotive, healthcare, defense, and education and research. It enables efficient management of resources and increases production output while minimizing wastage and operating costs. 3D printing is implemented for various applications that include development of prototypes, functional models, presentation models, artistic products, and custom parts. The consumer products sector accounted for a major revenue share of the North American 3D printing market, constituting 21.4% of the total market revenue in 2015, followed by the automotive sector which accounted for 18.3% share in the same year.

A wide variety of 3D printers are available in the market based on different technologies. Stereolithography, fused deposition modeling, selective laser sintering, laminated object manufacturing, and electron beam melting are some of the technologies used for 3D printing. Stereolithography-based 3D printers accounted for a major share in the North American 3D printing market, constituting 33.2% of the total market revenue in 2015. The use of these printers for designing models and molding patterns has increased owing to its high accuracy and better surface finish. Stereolithography is an additive manufacturing technology that implements layer-by-layer production technique using photopolymerization for the development of prototypes and functional models. Electron beam melting technology-based 3D printers are likely to register the highest CAGR from 2016 to 2022.

3D printing uses diverse materials such as polymers, ceramics, and metal & alloys among others. Polymers occupied a major share in the North American 3D printing materials segment, accounting for over 40% of the total materials market revenue in 2015. Metals & alloys is expected to be the fastest growing material segment during the forecast period.

Key findings of North America 3D Printing Market:

  • The North America 3D printing market is likely to grow at a high rate in the future owing to high need of efficient manufacturing with high accuracy and reduced costs.
  • The 3D printing services segment accounts for a major share in this market.
  • The application of 3D printing in defense sector is anticipated to register the highest CAGR of 24.7% from 2016 to 2022.
  • The U.S. is the highest revenue-generating country in this market.

The major players in this market include 3D Systems, Stratasys Ltd., The ExOne Company, Autodesk Inc., Optomec, Inc., Organovo Holdings, Inc., and Arevo Labs. These players consistently launch new products and enhance their existing portfolios to expand their customer base and strengthen their market position. Partnerships and collaborations provide growth opportunities to these players for geographic expansion.

Access Full Summary at
 

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1⟨855⟩ 550-5975

pr-det-phone help@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote North America 3D Printing Market by Component (Stereolithography, Selective Laser Sintering, Electron Beam Melting, Fused Deposition Modeling, Laminated Object Manufacturing, 3D printing materials, Polymers, Metal and Alloys, Ceramic) and Application (Consumer products, Industrial, Aerospace, Automotive, Healthcare, Defense, Education and research) - Opportunity Analysis and Industry Forecast, 2015-2022 quote

 
 

Why Allied Market Research

 

Infallible Methodology

To ensure high level data integrity, accurate analysis and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to eliminate redundant information to provide valued information and save time of the reader

 

Featured Readings

 
rep-img

Published Date Feb 2018

Fertility Services Market

Download Sample
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interest you.

 
Get Industry Data Alerts