Competitive Landscape, Business Trends and Effects of COVID 19 Analysis
July 23, 2021 — (AB Digital via COMTEX).
Market for Rapid Prototyping Services is expected to grow at 16.7% over the forecast period, reaching a valuation of 1511.2 million by 2026. A lower material consumption can save up to 70% on production costs. The primary drivers of rapid prototyping market growth are higher resolution, lower manufacturing costs, easier development of custom products, flexibility in printing materials and investments by the government in 3D printing projects.
With the advent of digital media and technology, auto markets and others in APAC will be influenced positively by 2020.
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This Report covers the major players: Materialise NV, Proto Labs and Stratasys. (China), & more em>
Market segmentation for Rapid Prototyping Services:
By Technology: Stereolithography (SLA), Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Laminated Object Manufacturing (LOM), Others
By Application: Automotive, Consumer Goods, Aerospace and Defense, Medical Devices, Others
These are the years that were considered in order to study this report:
- Histories Year 2015-2019
- Basis Year: nbsp>2019
- Estimated Year: 2020
- The Forecast Year is  :2021-2026
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Rapid prototyping service in APAC Region will be demanded by growing domestic demand and expanding pharmaceutical sector
Asia-Pacific region is anticipated to hold the largest market share in the global Rapid Prototyping Service market during the forecast period 2021-2026. This region’s growth can be attributed largely to emerging economies such as India, China, Japan and Vietnam.
This Report is worth buying
The report provides key insight into the market for rapid prototyping services. It focuses on market developments in different geographies as well as strategies used by market leaders. This report focuses on the following areas.
- The definitive market data
- Smart Building Market Analysis
- Technological Insight
- Analyse of Competitors
- The Market’s Latest Opportunities
- Pipeline Analysis
- Patent Analysis
Full Report Link @ https://straitsresearch.com/report/Rapid Prototyping Service-Market
Key Rapid Prototyping Service Market Trends:
This report provides a comprehensive analysis of the Global Rapid Prototyping Service Market segmentation based upon their type, subtype, technology, application, end-users and locations.
Industry to industry holds the largest share in Rapid Prototyping Service Market
This report examines micro-markets in terms of their future prospects and growth patterns.
The Growth is expected to be driven by regional and geographical demand
This Growth is Seeing a Rising Interest in Market Segments
Over the Forecast Period, Europe and North America are Expected To Experience a Higher Growth Rate
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Publited at Fri, 23 July 2021 23.05:43 +0000