Automated 3D Printing Market-Overview
The inexpensive manufacture of customized designs is estimated to lift the automated 3D printing market 2020. The sensor and control industry reports are produced by Market Research Future, which highlights market options for expansion. A CAGR of 51.66% is estimated to guide the global market in the forecast period.
The demand for automated 3D printing is estimated to grow due to the low cost of production and accuracy in the impending period. In the upcoming period, the reduction in labor costs involved is estimated to transform the automated 3D printing market share. The speedy adoption of robotics is projected to create several lucrative opportunities for automated 3D printing market companies in the upcoming period.
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Global automated 3D printing market is ruled by key players like 3D Systems (US), Stratasys (Israel), Universal Robots (Denmark), Materialise (Belgium), EOS GmbH (Germany), Formlabs (US), PostProcess Technologies (US), SLM Solutions (Germany), ExOne(US), Concept Laser (Germany), Authentise (US), Coobx (Liechtenstein), NVBOTS (US), DWS System (Italy), and Renishaw (UK).
The global automated 3D printing market is segmented based on component, vertical, and process. Based on component, the market is segmented into software, services, and hardware. Under the component segments, hardware is sub-segmented into robots, 3D printers, and others. The services segment is subdivided into integration, deployment, maintenance, and support. The hardware segment is likely to represent the major share for automated 3D printing market. Under the hardware segment, robot segment is estimated to develop at the highest growth rate over the review period owing to extensive implementation of robots in industrial settings across the world. Under the process segment, multiprocessing subsegment is predicted to develop at a significant rate. The vertical segment is segregated into industrial manufacturing, automotive, healthcare, aerospace and defense, energy, consumer products, and others. Based on process, the market is categorized into automated production, material handling, post-processing, multiprocessing, and part handling.
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Detailed Regional Analysis
The regional assessment of the automated 3D printing market includes regions such as North America, the Middle East, Africa, Europe, the Asia Pacific, and Latin America. Among the regions studied, the North American region controlled the automated 3D printing market in the year 2017. The region is the top adopter of automated 3D printing technology owing to the incidence of reliable 3D printing system vendors. Additionally, a number of collaborations are taking place in the region to supply to the high demand. The Asia-Pacific region is alikely to develop at the chief CAGR through the forecast period. The rapidly increasing manufacturing industry in the Asia Pacific region is anticipated to be the key driver for the implementation of automated 3D printing market solutions in this region.
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