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Automated 3D Printing Market – Industry Analysis, Market Size, Share, Trends, Application Analysis Toby Alderweireld Hotspur Jersey , Growth and Forecast 2018 – 2023
by stevestark002 · May 30, 2019
The automated 3D printing market is projected to reach USD 1,793 million by 2023 from USD 196 million by 2018, at a CAGR of 55.65%. Increased focus on efficiency and cost of production, growth in adoption of robotics for industrial automation, and growing need to automate post-processing are the major drivers for the market growth. Further Danny Rose Hotspur Jersey , the increasing implementation of 3D printing for mass production and elevating demand for low-cost collaborative robots are the underlying opportunities in the automated 3D printing market. Major restraint for the market growth is the high cost of installation of automation equipment. Moreover, the interoperability between hardware, software, and data interfaces poses a major challenge to the market players.
Rapid technological changes, emerging 3D printing applications, and adoption of robots in various industries are the key trends in the global business sector. However Juan Foyth Hotspur Jersey , most of the businesses are currently focusing on cost-cutting while improving productivity and quality to tackle some unforeseen economic fluctuations and crises in the coming future. The requirements in terms of productivity and quality can be met by implementing a new generation of industrial robots that can be easily integrated and are safe, adaptive, trainable, flexible, deployable, affordable Dele Alli Hotspur Jersey , and extensible.
The automated 3D printing market has been segmented on the basis of offering into hardware, software, and services. Based on process, the market has been segmented into material handling, automated production, part handling Kyle Walker-Peters Hotspur Jersey , post-processing, and multiprocessing. Among these processes, the market for multiprocessing is expected to grow at the highest CAGR during the forecast period. The multiprocessing 3D printing leads to an increase in component functionality. It is an additive manufacturing process enhanced with the complementary processes, such as machining, cutting, dispensing Eric Dier Hotspur Jersey , and robotic placement. This increases the adoption of automation technologies in the 3D printing for multiprocessing.
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