Growth in Technological Advancements Expected to Drive Asia Pacific Automated 3D Printing Market: Ken Research

Posted May 25, 2021 by Anita1111

Asia Pacific automated 3D printing market will grow by 40.4% over 2020-2030 with a total addressable market cap of USD 10.73 billion despite the COVID-19 impact.
Automated 3D printing characterize as use of robots to automate the 3D printing process. The adoption of automated 3D printers is growing as these robots are flexible & easy to program as well as allows for the completion of tasks in an increased pace. There are various industries in which automated 3D printing can be incorporated including automotive, healthcare, aerospace & defense, consumer products, energy and more. Automated 3D printing has numerous advantages for instance production, accuracy, and capacities for increased production runs.
As per analysis, “Asia Pacific Automated 3D Printing Market 2020-2030 by Offering, Printing Material, Process, Industry Vertical, and Country: Trend Forecast and Growth Opportunity” the key companies operating in the Asia Pacific automated 3D printing market include EOS GmbH Electro Optical Systems, Leapfrog Automated 3D Printing, Mcor Technologies Ltd., Desktop Metal, FlashForge Corporation, 3D Systems Corporation, Markforged, Arcam AB, Hewlett-Packard Inc., ExOne Co., Materialise NV, Formlabs Inc., Proto Labs Inc., Shining 3D, Printrbot, SLM Solutions Group AG, Robo 3D, XYZprinting Inc., Tiertime Corporation, Zortrax, Tinkerine Studios Ltd., Stratasys Ltd., Ultimaker BV and among others. Leading players are seen to focus on innovative product development and launches to increase their hold on the market during the forecast period.
On the basis of offering, Asia Pacific automated 3D printing market is categorized into hardware (robots, 3D printers and others), software (support & maintenance and deployment & integration) and services. Hardware segment is expected to witness higher growth rate owing to growth in adoption of robots by industries, in their 3D printing processes to increase the productivity & efficiency during the forecast period. On the basis of printing material, market is categorized into automated metal AM, automated polymer AM and other automated AM. On the basis of process, market is categorized into automated production, material handling, post processing, part handling and multiprocessing. Multiprocessing segment holds major share in market as it offers various beneficiary services like machining, robotic placement, and cutting. In addition, on the basis of industry vertical, market is categorized into healthcare, power & energy, consumer goods & electronics, automotive, aerospace & defense, industrial manufacturing, and other verticals.
The Asia Pacific automated 3D printing market is driven by rise in need to automate processes, followed by growth in adoption of robotics for industrial automation and increase in focus of industries on production cost and efficiency. However, high cost of installation of automation equipment may impact the market. Moreover, growth in technological advancements in the field of additive manufacturing and rapid implementation of 3D printing for mass production are key opportunities for market.
By country-wise analysis, the Asia-Pacific region is categorized into Japan, India, China, Australia, South Korea and rest of the Asia-Pacific. It is predicted that future of the Asia Pacific automated 3D printing market will be optimistic as a result of growth in urbanization and presence of significant market players during the forecast period. Additionally, foreign investments alongside the adoption of innovative technology to improve the defense line of emerging economies like Japan, Korea, China and India are the reasons behind the stimulating growth of the market in the region.

For More Information, click on the link below:-

Related Report:-

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
[email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Ken Research
Country India
Categories Construction , Manufacturing
Tags asia pacific automated 3d printing market , asia pacific automated 3d printing market forecast , asia pacific automated 3d printing market revenue
Last Updated May 25, 2021