Analyst projects that the Rapid Prototyping market size will grow from XX Million in 2018 to XX Million by 2024, at an estimated CAGR of XX %. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The global rapid prototyping market is bifurcated by components into metal, polymer, ceramic, plastic & starch, and foundry sand parts. Metal type material is extensively used for rapid prototyping across heavy load industry verticals such as automotive and aerospace & defense. Additionally, metal also finds application across industry verticals such as healthcare, for rapid prototyping of medical equipment such as implants, surgical instruments, and more.
Stratasys Ltd., EOS GmbH, Materialise NV, Renishawplc, Sandvik AB, Carpenter Technology Corporation, CRP TECHNOLOGY S.r.l., Royal DSM, GE Additive ,
By End-use industry Aerospace & Defense, Consumer goods & electronics, Automotive, Healthcare, Others
Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, Italy, Spain, France, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, Taiwan, and, rest of Asia-Pacific) and EMEA (Brazil, South Africa, Saudi Arabia, UAE, rest of EMEA).
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Moreover, other factors that contribute toward the growth of the Rapid Prototyping market include favorable government initiatives related to the use of Rapid Prototyping. On the contrary, high growth potential in emerging economies is expected to create lucrative opportunities for the market during the forecast period.
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This report entails a detailed quantitative analysis along with the current global Rapid Prototyping market trends from 2019 to 2026 to identify the prevailing opportunities along with the strategic assessment. The Rapid Prototyping market size and estimations are based on a comprehensive analysis of key developments in the industry. A qualitative analysis based on innovative products facilitates strategic business planning. The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the Rapid Prototyping industry.
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