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NEW YORK, Aug. 10, 2021 /PRNewswire/ -- As per Technavio Research Analysis, the 3D printer market is likely to register a CAGR of over 23% with an incremental growth of $ 16.94 billion during 2021-2025. The market is concentrated, and the degree of concentration will accelerate during the forecast period. 3D Systems Corp.(US), EOS GmbH Electro Optical Systems(Germany),Formlabs Inc.(US),HP Inc. (US),Materialise NV(Belgium) are some of the major market participants.
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COVID-19 Impact Analysis on 3D Printer Market can now be gained through our report.
Impact of COVID-19The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a negative impact on the 3D printer market. In the short term, the market demand will show At par growth due to the increase in infections and reduced economic activity.
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Although the increasing investments in additive manufacturing and emphasis on reducing the time-to-market will offer immense growth opportunities, however, the lack of availability of raw materials and in-house additive manufacturing resources is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this 3D printer market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
3D Printer Market 2021-2025: Segmentation
3D Printer Market is segmented as below:
3D Printer Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The 3D printer market report covers the following areas:
This study identifies the growing demand for new materials as one of the prime reasons driving the 3D Printer Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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3D Printer Market 2021-2025: Key Highlights
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Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Technology
Customer landscape
Geographic Landscape
Drivers Challenges and Trends
Vendor Landscape
Vendor Analysis
Appendix
About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.comWebsite: www.technavio.com/
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