Global 3D Printing Market: Key Vendors, trends, challenges and key drivers.
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| 3D object by stratasys |
As an emerging technology, always at the early
stage of its development and adoption, the 3D
printing, gathers and converges a set of challenges, infatuation and facilitations.
For those who
unfamiliar, Connectikpeople.co recalls that, 3D printing,
also known as AM, is a process of making 3D objects using plastic, metal, and
composite materials, usually layer upon layer, to build physical models,
prototypes, patterns, tooling components, and production parts.
A 3D printer creates 3D objects of any shape without any molding, assembly,
or use of machines. It helps in making high-end goods at a reduced cost. In the
Automotive and Aerospace sectors, the use of 3D printing enables manufacturers
to make complex parts with high efficiency.
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| 3D Printers |
Researchers are finding ways to use this technology and make prosthetic
parts using biological materials such as cartilage, bone, and skin. 3D printing
is an evolving technology that serves various sectors such as Automotive,
Healthcare, and Aerospace, and more.
According to Research and Markets, increased usage of 3D printing by
entrepreneurs and consumers is one of the major trends upcoming in this market.
The need for quick turnaround time is one of the major drivers of the market. Intellectual
property rights and copyright issues are one of the key challenges in the
market.
In fact, 3D printers facilitate the production of reliable and
cost-effective products. Therefore, they lower the need for multiple prototypes
and analysis time as a result of which the manufacturers can achieve reduced product
development cycle time and time-to-market pressure for vendors.
Key Vendors
