Global 3D Printing Composite Filament Printer Market Size & Forecasting to 2028 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “3D Printing Composite Filament Printer Market – Market Size & Forecasting (2017-2028)” report has been added to ResearchAndMarkets.com’s offering.

The global 3D printing composite filament printer market was estimated at USD 3,736.3 million in 2020 and is projected to register a CAGR of 28.9%, reaching USD 28,413.2 million by 2028. However, due to the COVID-19 impact, the market size estimation has come down to USD 2,913.2 million in 2020 and is projected to register a CAGR of 27.1% to reach USD 19,886.5 million by 2028.

The high application of 3D printer for prototype manufacturing and increasing trend towards automation driven industry setups are creating lucrative development for 3D printing composite filament printer market across diverse regions. Although, challenges faced by 3D printing material manufacturers are mainly the lead time associated with materials, mostly metals. To manufacture the end metal product, 3D printing requires a substantial amount of time. This issue can be overcome by manufacturers, as they need to work on existing materials and technologies that are catering the 3D printing industry. Most manufacturers get restricted to the high lead time taken by the industry. Shifting to conventional manufacturing from additive manufacturing restricts the adoption of 3D printing in major end-use industries. These end-use industries can be electrical and electronics, automotive, and defense.

This research report categorizes the market for 3D printing composite filament printer based on various segments and region and forecasts revenue growth and analysis of trends in each of the submarkets. The report analyses the key growth drivers, opportunities and challenges which influence the 3D printing composite filament printer market. Recent market developments and competitive strategies such as expansion, new product launch and development, partnership, merger and acquisition have been included in order to draw the competitive landscape in the 3D printing composite filament printer market. The report strategically identifies and profiles the key market players and analyses their core competencies in each segment such as filament type, and end-use industry of the 3D printing composite filament printer market.

Key Questions Answered

• How the 3D printing composite filament printer market is evolving?
• What is driving and restraining factors for global 3D printing composite filament printer market?
• How will each 3D printing composite filament printer submarket segment grow over the forecast period and how much sales will these submarkets account for in 2028?
• How will market shares of each 3D printing composite filament printer submarket develop from 2017-2028?
• Which 3D printing composite filament printer submarket will be the main driver of the overall market from 2017-2028?
• How will political and regulatory factors influence regional 3D printing composite filament printer markets and submarkets?
• Will leading national 3D printing composite filament printer broadly follow macroeconomic dynamics, or will individual country sectors outperform the rest of the economy?
• How will market shares of the national markets change by 2028 and which nation will lead the market in 2028?
• Who are the leading players and what are their prospects over the forecast period?
• How will the sector evolve as alliances form during the period between 2017 and 2028?

Market Dynamics

Drivers

• Government Initiatives to Promote the Adoption of 3D Printing
• Availability of Biodegradable 3D Filaments

Restraints

• High Cost of 3D Filament Printer
• Environmental Concerns Related to the Use of Filament Type Material in 3D Printing

Opportunities

• Shift from Traditional Manufacturing Procedures to Filament-Based 3D Printing Methods

Challenges

• Lack of Industry Standard

Companies Mentioned

• 3D Systems Inc.
• Stratasys Ltd
• General Electric
• Renishaw plc.
• Markforged
• Envisiontec Inc.
• Techb
• Anisoprint Sarl
• Eos
• Leapfrog
• Sisma S.P.A.
• Fracktal Works Pvt Ltd.
• Cead B.V.

For more information about this report visit https://www.researchandmarkets.com/r/o46d88

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]
For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900