3D printing, also known as Rapid Prototyping (RP) or Additive Manufacturing (AM), is a manufacturing process which uses 3D printers to additively build or form 3D parts layer by layer from 3D computer-aided design (CAD) data.
South East Asia Industrial 3D Printing Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of South East Asia Industrial 3D printing market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.
According to MarkNtel Advisors’ research report titled “South East Asia Industrial 3D Printing Market Analysis, 2020”, the South East Asia Industrial 3D printing market is anticipated to grow at a considerable CAGR during 2020-25F. Singapore is expected to attain highest CAGR in the forecast period. The growth is attributed to constant technological advancements in the 3D printers, surging growth in automotive and printed electronics sectors, extensive spending by the government on 3D solutions, and escalating investment by companies toward the deployment of 3D printing technology to reduce wastage and time, which are further anticipated fuel the growth of the market.
Fused Disposition Modelling Captured the Majority market share
Based on technology, fused disposition modelling (FDM) captured the majority market share in 2019 due to its applications across several 3D printing processes. FDM has its wide applications in various end-user industries such as automotive, consumer goods, aerospace, and others due to its low-cost prototyping and its ability to build durable and stable parts in these industries. Therefore, these are anticipated to strongly contribute toward the growth of the Industrial 3D Printing market South East Asia in the near future as stated in the MarkNtel Advisors’ research report “South East Asia Industrial 3D Printing Market Analysis, 2020”.
The growth of the South East Asia Industrial 3D Printing market is attributed to large-scale spending by the market players toward research & development activities, rising demand for customized goods, escalating number of government initiatives and advanced industrial bases in the countries such as Singapore, Thailand, and Malaysia.
According to MarkNtel Advisors, the key players with a considerable market share in the South East Asia Industrial 3D Printing market include 3D System Corporation, Stratasys Ltd., EOS GmbH, Arcam AB, Materialise NV, Envision TEC, Voxeljet AG, and Others.
Key Questions Answered in the Market Research Report:
Market Outlook, Segmentation and Statistics
Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on South East Asia Industrial 3D printing Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of South East Asia Industrial 3D printing Market during 2020-25?
A. The growth rate of South East Asia Industrial 3D printing Market during 2020-25 is forecast to be grow at a considerable CAGR.
Q. Who are the key competitors or players operating in South East Asia Industrial 3D printing Market?
A. 3D System Corporation, Stratasys Ltd., EOS GmbH, Arcam AB, Materialise NV, Envision TEC, Voxeljet AG etc., are few of the leading players in the South East Asia Industrial 3D printing Market.
Q. Which end-user segment would emerge as an opportunity area for players in South East Asia Industrial 3D printing Market?
A. Consumer electronics is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which country would emerge as an opportunity area for players in South East Asia Industrial 3D printing Market?
A. Singapore grabbed a significant market share continue to grow at a highest CAGR, presenting immense opportunities for market players of South East Asia Industrial 3D printing Market.