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 America and European region are projected to show good growth in the coming years owing to the rising adoption of 3D printing solutions across multiple industries.
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 fused deposition modelling 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 fused deposition modelling 3d printing technology market.
The major players profiled in the fused deposition modelling 3d printing technology market include Prusa Research s.r.o., Aleph Objects, Inc., Zortrax, Raise3D, Inc., Ultimaker B.V., and Markforged, Inc., among others.
The fused deposition modelling 3d printing technology market has been analyzed through the following segments: