The global desktop 3D printer market is projected to be worth USD 5,129.0 Million by 2027, according to a current analysis by Emergen Research. It will witness increased investment by manufacturing companies as it reduces cost by limiting the need for man force and can produce goods locally. The region has various medium and small-sized manufacturers. The presence of a mature desktop 3D printer market and adoption of advanced technology is spurring the demand for the product. The rising demand for the Desktop 3D Printer products is expected to drive the demand for Desktop 3D Printer , thereby bolstering the growth of the industry. Investment by the government on 3D printing projects and reduction in manufacturing cost, along with process downtime, will drive the market demand. Apart from the widespread deployment of 3D printing for rapid prototyping, it is also used to manufacture tooling and, in certain cases, end-parts. desktop 3D printer Market Size – USD 1,435.9 Million in 2019, Market Growth - CAGR of 17.2%, Market Trends – Growing demand for 3D printed products from the medical and consumer goods industry. The market is revolutionizing the industry, with automation becoming a norm in manufacturing sectors
Digital fabrication technology has made desktop 3D printing cost-effective and less time-consuming. The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. However, deployment of large-scale 3D printing is quite high, and the lack of governing bodies for the regulation of the market. The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Desktop 3D Printer market. The desktop 3D printer in the automotive industry offer benefits associated with the demand for new tools with improved performance, production optimization, and supply chains & logistics restructuring for a streamlined operation. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Desktop 3D Printer market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities. The reduction in errors and overall time and development cost, ease in manufacturing, and the ability to build very intricate tailored designs are driving the market growth.
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Key participants include Stratasys Ltd., 3D Systems, Tinkerine Stidios Ltd., DESKTOP 3D PRINTER printing Inc., M3D, Tiertime Corporation, Shining 3D, Markforged, Zortrax, and Ultimaker, among others
Emergen Research has segmented the global desktop 3D printer market on the basis of material, technology, industry vertical, and region:
Technology Outlook (Revenue, USD Billion; 2017-2027)
Fused Deposition Modeling (FDM)
Direct Metal Laser Sintering (DMLS)
Inkjet Printing
Laser Metal Deposition (LMD)
Laminated Object Manufacturing (LOM)
Stereolithography (SLA)
Selective Laser Sintering (SLS)
Others
Material Outlook (Revenue, USD Billion; 2017-2027)
Metals
Plastics
Composites
Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)
Engineering
Consumer Products
Healthcare
Education
Printed Electronics
Food and Culinary
Jewelry
Regional Analysis of the Desktop 3D printer Market:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Objectives of the Report:
Analysis and estimation of the Desktop 3D Printer market size and share for the projected period of 2020-2027
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Desktop 3D Printer market
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Market Taxonomy:
Chapter 1: Methodology & Scope
Chapter 2:
Executive Summary
Chapter 3:
Industry Insights
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
Read More: https://www.emergenresearch.com/industry-report/desktop-3d-printer-market
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