Additive manufacturing is also known as 3D (three dimensional) printing; and used to create 3D objects. Computer control is used to create a 3D object. To create the object additive processes are used. The 3D objects can be customized as per the industry requirement.

The additive manufacturing refers to processes used to synthesize a 3D object wherein successive layers of material are formed under computer control to create an object. Object can be of almost any shape or geometry and is produced from digital model data (3D model) or another electric data source such as Additive Manufacturing File (AMF) file. The size of the market is expected to grow at the highest CAGR in the forecast period.

The major factor driving the market isincreasing the demand for 3D printing from industries such as automotive, dental, manufacturing and healthcare.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/additive-manufacturing-market

Currently, the usage of additive manufacturing or 3D printing is on the rise in developed economies, but the usage is limited in the developing economies. The limited penetration of additive manufacturing in the underdeveloped and developing economies is expected to inhibit the growth of the global additive manufacturing market over the forecast period.

The increasing demand for functional food in developing countries such as India among others is anticipated to broaden options for different manufacturing companies as new entrants in additive manufacturing market.

The next generation automobile concepts such as driverless technologies, electrification, and the societal shift in perception of mobility with 3D printed automobile production are driving the market further.

The positive growth due to mergers and acquisitions by many companies in developing nations such as India, China, Brazil, and Thailand among others is expected to act as winning imperative for additive manufacturing market globally.

See More Reports of This Category:
http://www.grandviewresearch.com/industry/technology

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s