The digital light processing 3D printing technology market is projected to grow at a CAGR of 30.83% during the forecast period of 2018 to 2024. Digital Light Processing (DLP) 3D printing technology utilizes a projector screen that flashes an image of a layer at once, resulting in the layer being cured simultaneously. DLP 3D Technology market is projected to witness good growth during the coming years on account of rapid innovations and increasing adoption of the 3D printing technology. However, the availability of multiple substitute technologies is estimated to restrain this growth to a certain extent.
This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the digital light processing 3D printing technology value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the digital light processing 3d printing technology market.
The major players profiled in the digital light processing 3d printing technology market include Micromake Digital Co., Ltd., Shenzhen Anycubic Technology Co., Ltd., FlashForge Corporation, Unzi Technology LLC, and ENVISIONTEC, INC., among others.
Segmentation
The digital light processing 3d printing technology market has been analyzed through the following segments:
• By Component
o Hardware
o Software
o Services
o Material
• By End-User
o Healthcare
o Automotive
o Aerospace and Defense
o Others
• By Geography
o North America
o South America
o Europe
o Middle East and Africa
o Asia Pacific