Global 3D Desktop Printer Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, and Opportunities | Technavio

The 3D desktop printer market is expected to grow by USD 9.29 billion, progressing at a CAGR of almost 37% during the forecast period.

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Technavio has announced its latest market research report titled Global 3D Desktop Printer Market 2020-2024 (Graphic: Business Wire)

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The rising demand for quick prototyping is one of the major factors propelling market growth.

More details: https://www.technavio.com/report/3d-desktop-printer-market-industry-analysis

3D desktop Printer Market: Technology Landscape

3D printers with FDM technology are less expensive and user-friendly. This technology is commonly used for prototyping, production, and modeling applications. Moreover, 3D printers with FDM technology are used to manufacture in-house products, ranging from toys to plastic utensils. The benefits of 3D desktop printers with FDM technology, such as affordability, user-friendliness, and scalability, contribute to the growth of the desktop 3D printer market in this segment. Market growth in this segment will be faster than the growth of the market in SLS and others technology segments.

3D desktop Printer Market: Geographic Landscape

The growing IT investments and digitalization among enterprises and start-ups, rising venture capital investments, and increasing government initiatives are some of the factors that will significantly influence desktop 3D printer market growth in the region. Over 38% of the market’s growth will originate from North America during the forecast period. The US and Canada are the critical desktop 3D desktop printer markets in North America. Market growth in this region will be slower than the growth of the market in APAC.

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Related Reports on Information Technology Include:

Global Large Format Printers Market: The large format printers market size has the potential to grow by USD 325.65 mn during 2020-2024, and the market’s growth momentum will decelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!

Companies Covered:

• 3D Systems Corp.

• Canon Inc.

• Desktop Metal Inc.

• EOS GmbH Electro Optical Systems

• Formlabs Inc.

• HP Inc.

• Proto Labs Inc.

• Stratasys Ltd.

• Ultimaker BV

• Xerox Corp.

What our reports offer:

• Market share assessments for the regional and country-level segments

• Strategic recommendations for the new entrants

• Covers market data for 2019, 2020, until 2024

• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)

• Strategic recommendations in key business segments based on the market estimations

• Competitive landscaping mapping the key common trends

• Company profiling with detailed strategies, financials, and recent developments

• Supply chain trends mapping the latest technological advancements

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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Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface

• 2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market Ecosystem

• Market characteristics

• Value chain analysis

• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition

• Market sizing 2019

• Market Outlook

• Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers

• Bargaining power of suppliers

• Threat of new entrants

• Threat of substitutes

• Threat of rivalry

• Market condition

PART 06: MARKET SEGMENTATION BY TECHNOLOGY

• Market segmentation by technology

• Comparison by technology

• FDM - Market size and forecast 2019-2024

• SLS - Market size and forecast 2019-2024

• SLA - Market size and forecast 2019-2024

• Others - Market size and forecast 2019-2024

• Market opportunity by technology

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation

• Geographic comparison

• North America - Market size and forecast 2019-2024

• Europe - Market size and forecast 2019-2024

• APAC - Market size and forecast 2019-2024

• South America - Market size and forecast 2019-2024

• MEA - Market size and forecast 2019-2024

• Key leading countries

• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers

• Market challenges

PART 11: MARKET TRENDS

• Expansion of 3D printing in direct digital manufacturing

• Increasing product launches

• Evolving SMEs contributing to rising demand

PART 12: VENDOR LANDSCAPE

• Overview

• Landscape disruption

• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered

• Vendor classification

• Market positioning of vendors

• 3D Systems Corp.

• Canon Inc.

• Desktop Metal, Inc.

• EOS GmbH Electro Optical Systems

• Formlabs Inc.

• HP Inc.

• Proto Labs, Inc.

• Stratasys Ltd.

• Ultimaker BV

• Xerox Corp.

PART 14: APPENDIX

• Research methodology

• List of abbreviations

• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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View source version on businesswire.com: https://www.businesswire.com/news/home/20201127005195/en/

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