3D Printer Market Statistics 2021: Product Innovation and Optimization to Drive Growth
Aggressive R&D in three-dimensional printing and increasing demand for prototyping applications from various industries are expected to drive the market growth.
PORTLAND, OR, UNITED STATES, October 18, 2021 /EINPresswire.com/ – An increase in the adoption of 3D printing parts is a major driving factor in this market. Difficult tasks, such as manufacturing and shipping complex spare parts, have been a big challenge for manufacturing and also increase the cost of production. Product designers and engineers use industrial 3D printing technology to produce complex designs cheaper, faster and more efficient. Aerospace and defense, healthcare and consumer electronics companies are looking for innovative ways to automate their manufacturing process and have started to adopt this technology. 3D printing technology has been adopted by medical professionals to create medical tissues, prostheses and implants. End-user verticals dependent on cutting-edge technology for their fast, cost-effective and smooth manufacturing processes will be at the forefront of the 3D printer market.
Download a free sample report: https://www.alliedmarketresearch.com/request-sample/12596
The main players are: Stratasys Ltd. 3D System Inc., Arcam EBM (GE Additive), EOS GmbH, EnvisionTEC Inc., HP Development Company LP, Autodesk Inc., Canon Inc., Made In Space Inc. and voxeljet AG
Analysis of the impact of COVID-19 on the 3D printer market
• The emergence of COVID-19 is having a great impact on the 3D printer market, not only countries but also various industries across the world. Additionally, the lockdown and restrictions have forced people to work from home. Logistics problems and restrictions on globalization and free trade have not only reduced the supply chain, but also created a shortage of vital goods and logistics. In addition, COVID-19 has also created a shortage of labor and manufacturing materials due to the lockdown imposed in many countries around the world.
• Due to the disruptions created in supply chain and transportation legislation, the global 3D printer market is expected to experience a decline in the near term. However, equipment, such as personal protective equipment (PPE), personal accessories, medical devices and testing devices, must be manufactured. Technology plays a key role in the manufacture of this equipment.
For a purchase request: https://www.alliedmarketresearch.com/purchase-enquiry/12596
If you have any special requirements, please let us know and we will offer the report to you according to your requirement.
Thank you for reading this article; you can also get individual section by chapter or report versions by region like North America, Europe or Asia.
Similar reports –
Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP, based in Portland, Oregon. AMR provides global businesses as well as medium and small businesses with unmatched quality of “market research reports” and “business intelligence solutions”. AMR has a focused vision to provide business information and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market areas.
AMR launched its online user-based company reports and profiles library, Avenue. An e-access library is accessible from any device, anywhere and anytime for entrepreneurs, stakeholders, researchers and university students. With reports on over 60,000 niche markets with data comprising 600,000 pages as well as company profiles on over 12,000 companies, Avenue provides access to the entire repository of information through subscriptions. A simple solution to customer needs is complemented by analyst support and customization requests.