The Aerospace and Defense 3D printing market is projected to grow at a CAGR of 24.10% to reach the market size of US$6,477.205 million by 2024 from US$1,772.905 million in 2018. The growth of the market is attributed to a significant increase in the fleet requirements of numerous airline companies coupled with rising demand for lighter aircraft parts and components. Furthermore, the aerospace industry is witnessing rapid changes in the technology which is mainly targeted towards lightweight hi Read more...
The 3D printing hardware market is projected to grow at a CAGR of 23.41% by 2024. The process of 3D printing includes the making of 3D solid objects using 3D printers. The growth of the market is attributed to significant growth of various industries like consumer electronics, healthcare and automotive among others and their growing focus towards cost reduction is further inclining them towards adoption of advanced technologies which is further expected to increase the adoption of 3D printing Read more...
The Multi Jet Fusion 3D Printing Technology market is estimated to be valued at US$3,702.422 million in 2024. Multi Jet Fusion (MJF) is a 3D printing technology which utilizes a fine-grained material, allowing for ultra-thin layers, allowing for high density and low porosity, and a smoother surface. In addition, it is one of the fastest 3D printing technologies available which is projected to shoot its demand during the forecast period. Furthermore, the technology utilizes a low-cost material, Read more...
The Stereolithography 3D Printing Technology Market is projected to grow from the market size of US$1,901.669 million in 2018. Stereolithography 3D printing technology is projected to witness good growth over the forecast period owing to the increasing demand for residential and commercial 3D printers all around the world. Furthermore, the rapid technological advancements in the industry are also projected to shoot the demand for this technology in the coming years. Geographically, North Ameri Read more...
The fused deposition modeling 3D printing technology market is projected to grow at a CAGR of 27.43% during the forecast period of 2018 to 2024. Fused Deposition Modeling (FDM) or Fused Filament Fabrication (FFF) is one of the most commonly used 3D printing technology. The high usability and increased practicality of 3D printing of complex shapes has led to this high popularity of the technology, and the same is projected to boost the demand for the technology in the coming years. The North Am Read more...
The selective laser sintering 3D printing technology market is projected to grow at a CAGR of 25.80% during the forecast period of 2018 to 2024. Selective laser sintering is a 3D printing technology that fuses tiny particles of plastics, and ceramics by heat from a high-powered laser to form a 3D object. The technique is popularly used for prototyping and hobby projects, and the rising adoption and availability of 3D printing solutions around the globe is projected to shoot its demand in the c Read more...
The Vat Photopolymerization 3D Printing Technology Market is projected to grow at a CAGR of 27.30% to reach US$11,904.040 million by 2024, from US$2,797.726 million in 2018. Vat photopolymerization is a 3D printing technology which utilizes a vat of liquid material to construct 3D objects layer by layer, which is then hardened using ultraviolet light. The demand for this technology is projected to witness significant growth over the coming years on account of increasing demand due to its high Read more...
The direct metal laser sintering 3D printing technology market is projected to grow at a CAGR of 45.63% during the forecast period of 2018 to 2024. Direct Metal Laser Sintering/Selective Laser Melting is a 3D printing technique which creates parts by sintering fine metal powder partials, and fuses them together. The multiple benefits offered by the technology, such as faster low-volume production and accurate prototyping, are projected to shoot its demand in the coming years. However, the avai Read more...
The Binder Jetting 3D Printing Technology market is projected tgrow at a CAGR of 27.69%, treach a market size of US$1,300.208 million by 2024, from US$299.906 million in 2018. Binder Jetting technology utilizes a liquid based binder material and a powder building material for the 3D additive process. The technology does not incorporate the use of heat in the manufacturing process and is thus widely adopted, and is further projected tgain popularity over the forecast period. Furthermore, the te Read more...
The direct energy deposition 3D printing technology market is estimated tbe valued at US$403.971 million in 2018. Direct energy deposition (DED) is a 3D printing process which utilizes a laser or an electronic beam tfuse powdered or wired material intthe desired shape. The demand for this technology is projected timprove in the coming years with the increasing penetration of 3D printing across multiple industries. Furthermore, the technology allows for the construction of large and complex str Read more...
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