Follow on Google News News By Tag * 3D printing emerging market * 3D Printing Market * 3D Priting emerging economics * Applications * Market Trends * More Tags... Industry News News By Place Country(s) Industry News
Follow on Google News | 3D Printing Market in Emerging Economies is Expected to Reach $4.5 Billion by 2020 - AMRHigher accuracy, faster processing, efficient use of materials and the ability to build customized products optimally are the prime elements of growth for 3D printing market. Favourable initiatives by the governments in the emerging economies are contributing to the growth of the start-ups in the region giving them power to compete with the top players in the region. According to AMR analysis on the emerging sectors, the adaptation can be phrased in simple form as "Print what you think with the help of 3D printing technology effectively" Get the full access of the report at http://www.alliedmarketresearch.com/ The easy portability and simple installation with the facility of mixing different types of materials according to need of the operating environment has made 3D printing a popular technology. The widespread adoption of 3D printers in healthcare and medical sectors in emerging economies is bringing the technology into the limelight among the domestic players. The technology is gaining prominence amongst leading domestic players, as the products manufactured can be further used in varied applications. AMR analysis suggests that the commercialization of 3D printing technology would not only lower manufacturing material loss and minimise the labour cost, but also raise awareness and eventually lead to widespread adoption of the technology. Mergers and acquisitions among top global players and local players of emerging regions would further accelerate the growth and adoption of the technology. Acquisition of Brazilian domestic company named Robotech by 3D Systems; a global leader is one such notable example that confers the impending market trend. The initiatives taken by governments across the emerging economies to enhance the 3D printing technology is one of the major driving factors. In April 2013, China has invested $6.5 million to conduct research on key 3D printing technologies. Technological events have been arranged across sectors for spreading awareness among stakeholders. The adoption of the technology would lead to low labour cost and efficient use of printing material, which would give a competitive edge to manufacturing companies. General Electric, on the other hand, explored the potential in the Indian market by incorporating additive manufacturing technology in manufacturing plastic parts and eventually also used the technology in manufacturing metal parts. Key companies profiled in the report are StratasysLtd, 3D Systems, Arcam AB, Autodesk Inc., ExOne Company, Voxeljet AG, Optomec Inc., Hoganas AB, Organovo Holdings Inc., and Ponoko. About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based inPortland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact: Cathy Viber 5933 NE Win Sivers Drive, #205, Portland, OR 97220 United States. Direct: +1(503)505-6949 Toll Free: +1(855)711-1555 (U.S. & Canada) Fax: +1(855)550-5975 Email: query@alliedmarketresearch.com Web: http://www.alliedmarketresearch.com End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|