Europe 3D Printing Market (2019–2025) to attain market value of US$ 9,865.7 Million by 2025, growing at an exponential CAGR of 12.2%

As per the report published by UnivDatos Market Insights (UMI), the Europe 3D printing market is anticipated to reach the market valuation of US$ 9,865.7 Million by 2025 expanding at a considerable CAGR of 12.2% during the forecasted period (2019-2025). Products, materials, services paired with 3D printing technologies and applications are the significant 3D printing technology segments analyzed during the course of the study. The benefits of 3D printing technology can be witnessed among various industrial verticals wherein adoption of additive technology has been the game-changer for end-user industries such as manufacturing and healthcare among others. In 2018, under component product segment dominated the Europe 3D printing market. The segment is estimated to generate revenue of US$ 1,776.2 million by 2019. Alternatively, under technology segment, fused deposition modelling is projected to enjoy the rapid expansion throughout the reviewed period, owing to its user-friendly characteristics and familiarity with consumers. Moreover, 3D printing applications as direct manufacturing technologies are further bringing wider disruption. Thus, disruption is constantly occurring as functional parts production is gaining prominence in the Europe 3D printing technology landscape. Additionally, rapidly expanding manufacturing sector is expected to present sufficient advancement of additive manufacturing.

For country-level analysis of the overall adoption of 3D Printing across different industry browse through https://univdatos.com/report/europe-market-insights-on-3d-printing-insights-and-forecasts-2019-2025 

Europe is one of the major hubs for 3D printing technology, which comprises several industry players who actively operate in the additive manufacturing industry. The ongoing and consistent demand for high speed, reliable and low-cost prototypes from small & medium-sized government initiatives, rising spending on innovative technology, potential to deliver customized products with efficiency and a cost-efficient manner has led the growth of the respective technology in the region. It has been further anticipated that Western Europe will be the second-largest region, with total spending of US$ 3.5 Million towards 3D printing technology. Moreover, as the technology has successfully transmitted to the phase of reaching the top of the plateau of productivity, the healthcare sector is rapidly turning itself to 3D technique to design surgical guides, orthopedic device and medical implants. Furthermore, booming concept of dental 3D printing and launch of dental labs has completely revolutionized 3D printing technology in the healthcare sector, in turn displaying promising advancements in medical and dental fields.

For through analysis of the current and ongoing development of 3D Printing technology in the European region browse through https://univdatos.com/report/europe-market-insights-on-3d-printing-insights-and-forecasts-2019-2025

Unique variations of 3D printing technology are bifurcated extensively into component, technologies, applications and end-user industries. Determined by component type, the product market is bifurcated into industrial and personal 3D Printers. The industrial 3D printer segment has generated revenue of US$ 1,166.6 million in 2018. While polymer, plastics, metal and alloys and ceramics are the significant sub-segments of 3D printing material types available in the market. Polymers are anticipated to witness rapid adoption while ceramic material is predicted to witness highest CAGR growth of 13.8% throughout the forecast period. Moreover, custom design & manufacturing dominated the service segment of the 3D printing market in 2018. Additionally, based on technology type, 3D printing is segmented into fused deposition modelling, selective laser sintering, stereolithography, electron beam melting, and laminated object manufacturing technologies. In 2018, fused deposition modelling centered the market with optimum share. Among various 3D applications such as functional parts, fit and assembly, prototype modelling, education, metal casting, visual aids and presentation modelling, functional parts dominated the market with one-third of the market in 2018. Furthermore, manufacturing sector dominated the end-user industry segments of the Europe 3D printing technology market, with market size of US$ 1,160.0 million in 2018, followed by healthcare and aerospace & defense sector.

Request for Sample of the report browse through https://univdatos.com/report/europe-market-insights-on-3d-printing-insights-and-forecasts-2019-2025

Additionally, for better investigation and penetration of 3D printing solutions, the report bifurcates the Europe 3D printing technology market into distinct region and countries including Russia, Germany, France, U.K., Italy, Spain and Rest of Europe. In 2018, Germany dominated the Europe 3D printing technology market followed by UK and France. Some of the major companies profiled in the Europe 3D Printing study include 3D Systems Corporation, Arcam AB, Royal DSM NV, Stratasys Ltd, Autodesk Inc., ExOne Company, Hoganas AB, Organovo Holdings Inc., Mcor Technologies Ltd and Voxeljet AG. These players consistently aim to focus on product development, new product launch and enhance their existing portfolios to expand their customer base and strengthen their market position through partnerships and collaborations which further offers them growth opportunities for geographic expansion. 

Europe 3D Printing Market Segmentation

Market Insight, by Component

    • Product Component
      • Industrial Printer
      • Desktop Printer
    • Material Component
      • Polymer
      • Plastic
      • Metal & Alloy
      • Ceramic
      • Other Materials
    • Service Component
      • Custom Design and Manufacturing
      • After Sales Services

 Market Insights, by Technology

  • Stereolithography
  • Selective Laser Sintering
  • Electron Beam Melting
  • Fused Deposition Modelling
  • Laminated object Manufacturing
  • Other Technologies

Market Insights, by Application

  • Education/Research
  • Visual Aids
  • Presentation Modeling
  • Fit and Assembly
  • Prototype Tooling
  • Metal Casting
  • Functional Parts Production
  • Other

Market Insight, by Industrial Vertical

  • Education/Research
  • Automotive
  • Aerospace & Defense
  • Healthcare
  • Consumer Goods
  • Manufacturing
  • Construction
  • Other Verticals

Market Insight, by Geography

    • Europe 3D Printing Market
      • Germany 3D Printing Market
      • France 3D Printing Market
      • U.K. 3D Printing Market
      • Russia 3D Printing Market
      • Italy 3D Printing Market
      • Spain 3D Printing Market
      • Rest of Europe 3D Printing Market

Top Companies Profiled

  • 3D Systems Corporation
  • Arcam AB
  • Royal DSM N.V.
  • ExOne GmbH
  • Autodesk, Inc.
  • Stratasys Ltd.
  • Hoganas AB
  • Ponoko Limited
  • Mcor Technologies Limited
  • Optomec, Inc.