3D Printing Market by Technology (SLA, SLS, EBM, FDM, EBM, LOM, 3DP) - Market Leader 3D printing is an emerging technology with the potential to revolutionize the manufacturing industry. It allows consumers to download designs from the internet and transforms them into physical objects. Enormous opportunities are present, currently, for the 3D printing industry. It has, now, been realized to be a key source for economic growth, and plays a pivotal role towards the strengthening of the design and online retail market. It offers substantial, eco-friendly benefits, by removing the transportation of goods all across the globe; and allowing new, sustainably sourced materials. It reduces the costs involved in conventional manufacturing process, immensely. Free PDF Download @ http://www.marketsandmarkets.com/pdfdownload.asp?id=1276 The 3D printing market is moving at a very rapid pace and is witnessing enormous developments in patent filings. All the key players are investing, immensely, on research and development activities to gain â€˜the first mover advantageâ€™. The 3D printing industry is witnessing a binge of new product developments, mergers & collaborations, expansions and other activities in the research and development field. Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1 276
The roots of the contemporary 3D printing can be was traced back to the mid-1980’s, with the advent of Stereo Lithography (SLA) technology. Chuck Hull, the inventor and founder of 3D Systems,invented the ‘original’ 3D printing technology; that is, the Stereo lithography (SLA); he led the development of the .Style file format, which still remains the benchmark in ultra-high-definition 3D printing and CAD connectivity, till date. After years of unsuccessful efforts, Hull’s perseverance and inventiveness paid-off when he printed a ‘teacup’. On 3, October 2013, Chuck Hull was being honoured with the “George R. Stibitz Computer and Communications Award” by the Montana state university. In 3D printing ecosystem, 3D systems offer their services in various industries; and their market focus lies across all the geographies around the world. The company has been spending aggressively on their R&D activities; for instance, the company spent $23.2 million, $14.3 million, and $10.7 million, respectively, on their R&D, in the year 2012, 2011 and 2010. These R& D efforts majorly focus on developing new printers and print materials that augment the company’s product lines and existing capabilities. 3D system has also intensively solidified its reach and product offerings through aggressive acquisitions all across the globe. These strategic acquisitions are projected to help the company to counter potential threat from the start-ups. In the past three years, the company acquired more than 12 competitors, which has resulted into a broad portfolio of products and services, vertically and horizontally. For instance, in January 2012, 3DSystems Corporation acquired Z Corporation (U.S.) and Vidar Systems (U.S.), an optical imaging company Context Group (Denmark), to accelerate growth in the 3Dcontent-to-print market. The company has also been focusing on producing large-scale custom parts and3D consumer content products &services. For this purpose, in May 2012, it acquired ‘Bespoke Innovations (U.S.)’, a developer in
integrated scan, design, and print technology; to develop and commercialize innovative and tailored prosthetics, orthotics, and orthopaedics—based on the “Bespoke” print technology. Additionally, in November 2011, the 3D Systems Corporation acquired ‘Ren Shape Stereolithography’ print materials and ‘Digitalis Rapid Manufacturing 3DPrinter’product line from the Advanced Materials Division of Huntsman Corporation (U.S.). This acquisition complements 3DSystems’print materials technology, and adds the ‘Digitalis’ print engine to its existing 3D printing solutions portfolio. Presently,3D Systems constitutes the largest share of the market and is expected to, further, enjoy its dominance in the market due its high expertise, break through technological advancement, wide range product portfolio, and the presence of a strong distribution network amongst all the geographies. The company is poised to retain the ‘market leader’ position in the near future. The recent advancement in technology and addition of new materials will, further, help to satiate the consumer demand in a better way. Related Reports: 3D Printing Market by Technology (SLA, SLS, EBM, FDM, EBM, LOM, 3DP), Materials (Polymers, Metal), Application (Aerospace, Automotive, Consumer, Healthcare, Government & Defense) & Geography (Americas, Europe, APAC & ROW) (2013 – 2020) http://www.marketsandmarkets.com/Market-Reports/3d-printingmarket-1276.html Contact: Mr. Rohan North - Dominion Plaza, 17304 Preston Road, Suite 800, Dallas, TX 75252 Tel: +1-888-6006-441 Email: email@example.com
Published on Jan 15, 2014
3D Printing Market by Technology (SLA, SLS, EBM, FDM, EBM, LOM, 3DP), Materials (Polymers, Metal), Application (Aerospace, Automotive, Consu...