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(Wireless-NewsWire.Com, September 19, 2018 ) According to Verified Market Intelligence, the Global Industrial 3D Printing Market was valued at USD 1.22 Billion in 2017 and is projected to reach USD 8.18 Billion by 2025, growing at a CAGR of 26.9% from 2018 to 2025.
3-D Printing is a manufacturing process that uses a digital model to a three-dimensional solid object from a digital model. It has numerous benefits such as low manufacturing cost, quick production, improved quality, accessibility, and sustainability.
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Industrial 3-D printing depicts a broad collection of customized manufacturing solutions that are deployed by the organizations to support processes confined to through design and manufacturing particularities. It simplifies the production management and accelerates the deployment of customized complex design goods for manufacturing proceedings. Such assorted environment is beneficial for decision-makers in order to select the solution that is best suited to their workplace facilities.
Reduced manufacturing cost and process downtime, Ease of Developing Customized Products, new Industrial 3D printing materials development and increased investments by the government in 3D printing projects have been driving the global industrial 3D printing market. While lack of standard process control, limitation of product size and a high cost of materials acts a potential restraint for the overall market at a global level.
The “Global Industrial 3D Printing Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Stratasys Ltd., 3D Systems Corporation, Materialise NV, EOS GmbH, The Exone Company, Voxeljet AG, Arcam AB, SLM Solutions Group AG and Envisiontec GmbH. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis
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