Automated 3D Printing Market Analysis, Trends, Industry Size, Share, Key Players, Business Revenue, Opportunities and Analysis of COVID-19

Market Overview

3D printing enables the three-dimensional construction of objects. This technique has been widely used for various products and brands for 3D models. 3D printing techniques involve layering materials such as plastics, composites, or bio-materials to create objects that range in shape, size, rigidity, and color. The automated process was implemented on the 3D printing technology to enhance its service. The driving factors of the market are propelling its growth at the global level. The primary driving factor of the Automated 3D Printing Market is the increase in the use of technology in different sectors such as the healthcare sector, including transplant, medication delivery, 3D printed organs, and other relevant sectors. The market is even being accelerated by a rise in demand for implant modifications during surgical operations, which is done by increased R&D expenditures. The 3D printing applications in healthcare are one of the driving factors contributing to the market share’s growth. The vast usage of various applications decreases the cost of 3D printing and printers; this factor drives the Automated 3D Printing Market during the review period.

The major factors driving the development of the market include a rise in the need for 3D printing in the healthcare sector. Furthermore, the rise in research and development efforts is assisting in discovering therapies to cure a variety of illnesses. Therefore, these factors are boosting the Automated 3D Printing Market growth.

Due to the strict lockdown rules, the Automated 3D Printing Market has decreased the growth graph during the pandemic period. But the healthcare section has accelerated the market’s growth rate in this tough situation. In the future, the market is estimated to register a CAGR of 51.66 %, with a value worth USD 1,837.6 Million during the forecast period

Market Key Players: 

The strategic players in the automated 3D printing market are NVBOTS (US), Materialise (Belgium), Universal Robots (Denmark), PostProcess Technologies (US), Formlabs (US), Concept Laser (Germany), Coobx (Liechtenstein), Stratasys (Israel), ExOne(US), EOS GmbH (Germany), SLM Solutions (Germany), 3D Systems (US), Authentise (US), Renishaw (UK), and DWS System (Italy) to name a few.

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Market Segmentation

The Automated 3D Printing Market is segmented on offering, process, end-users, and regions. The offering segment includes hardware, software, and services, and the process segment comprises Automated Production, Part Handling, Material Handling, Multiprocessing, and Post-Processing. All these segments enhance the market value during the valuation period.

The end-user section has different sectors such as Aerospace &Defense, Industrial-Manufacturing, High-Tech Equipment and Engineering, Automotive, Healthcare, and others.

Regional Analysis

According to the geographical report, the Automated 3D Printing Market covers major regions worldwide such as North America, Europe, Asia Pacific, and the rest of the world. North America is considered the largest Automated 3D Printing Market market due to its highest share value in recent years. The US region largely drives the North American market because automated 3D printing is high in demand, especially in the health sector. European Market is the second-largest market, followed by North America. The Asia Pacific region is growing rapidly due to its vast usage in the countries of Asia Pacific.

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