United States 3d Printing Market is growing immensely due to its growing application across various industries such as aerospace, healthcare, automotive and oil & gas etc. In addition, advancement in technologies are adding growth to the US 3d printing market. As per our research, the US 3D Printing market is expected to flourish with new technology and is anticipated to grow at a CAGR of 28% during the forecast period 2015-2020, and reach a valuation of USD 17.2 billion.
According to Research Nester, out of printer, materials and service and maintenance segment, printer segment is expected to exhibit highest CAGR of 29% and is anticipated to reach USD6.5 billion by 2020. Additionally, major manufacturing industries in US are planning to implement the 3D printing technology in their manufacturing process as 3D printing saves lot of time and money. A wide-spread shift from prototyping development to end-user product can be seen easily in almost every industry. Also, manufacturers are expanding their 3D printing network and integrating the technology in their research and development.
International crisis like Greek crisis and China, are also putting an extra pressure on the manufacturers to cut-down on their operational costs. Citing all the factors like cost-cutting, time-saving and convenience, industries have now turned up in experimenting their end-products developments through 3D printing.
The report titled “US 3D Printing Market Outlook 2020 provides detailed analysis on the 3D printing market of the U.S. in terms of product, materials and services. Further, the report also analyzes the opportunities of United States 3D printing industry in major sectors viz. aerospace, healthcare, automotive and oil & gas industry.
Further, the research also speaks about the growth drivers, restraints and government initiatives for SMEs and 3D printing industry.
With a view to understand the competitive landscape, the research report includes profiles of top U.S. based players but not limited to Stratasys, ExOne, 3D system etc. The profile encloses key information of the major U.S. 3D printing industry players that consists business overview, key financial, product offering and recent developments. Overall, the report provides detailed overview on the U.S. 3D printing industry that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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