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Sales of 3d Printing Service Bureaus Market to Surge in the Coming Years Owing to Growing Adoption Across End-use Industries

3D Printing Service Bureaus Market Overview

Isn’t it like a childhood dream turned into reality for so many of us when one can create a physical object just from a simple visualisation or digital image? That is exactly what 3D printing or Additive Manufacturing is all about! It converts digital blueprint files into solid, tangible objects with the help of a layer-by-layer material process. It was primarily used to create prototypes and spare tools but it has gradually evolved into an advanced manufacturing technique that can potentially allow real-time, local, on-demand production of not only spare parts but also final products. 3D printing is currently possible with a range of materials including thermoplastics, composites, metals, alloys and ceramics.

When 3D printing was first introduced in the 1980’s, it was naturally very expensive technology affordable to only the largest multinational companies. It gradually became more cost-effective and popular in the mainstream which made both small and mid-size companies and enthusiastic, tech-savvy individuals seriously consider investing in a 3D printing device. While purchasing a self-owned device is one option, another available one is to look at the 3D Printing Service Bureaus market. Service bureaus allow organisations to secure high-quality rapid prototypes and finished products with a minimal amount of risk. Service bureaus are typically early adopters of new technologies which also holds true for the 3D Printing Service Bureaus market.

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3D Printing Service Bureaus Market Drivers

3D printing can be used in fields as diverse as jewellery, aerospace & defence, entertainment (children’s video games & toys), art, architecture, eyewear, retail, healthcare, machinery, and Information Technology, amongst many others. The emergence of mid-level, cost effective 3D printers along with the increasing printing speed is anticipated to be the main driver of the 3D Printing Service Bureaus market. This is particularly important in areas like art and fashion that have fleeting fads and quick decisions are expected to survive in a brutally competitive industry. There is also a marked preference for customers to opt for customised, personal products perfectly suited to their needs or requirements. For e.g. – A person might wish for a unique pair of spectacles, a joint replacement, dental brace or some other medical implant made exclusively for them. This saves them from major hassles in the future like the body rejecting the implant, the fit being incorrect and so on.

3D Printing Service Bureaus Market Restraints

Some of the challenges faced by the 3D Printing Service Bureaus market are –

  • Depreciation – The standard time for any asset to depreciate to minimum salvage value is 3 to 7 years but 3D printers are evolving extremely rapidly. It is not an impossible scenario to imagine a 3D printer becoming obsolete within just 2 years. Clients might require newer materials, higher resolutions and faster output time which will force companies to incur huge capital expenditure on a frequent basis. Even printers which do not become entirely outdated will still lose a substantial chunk of their book value, hurting the organisation’s profitability.
  • Lack of awareness – 3D printing, while exciting, is still a very niche market. There is a general awareness of the 3D Printing Service Bureaus market but most applications of the technology are nowhere near as widespread as they can be. Many uses have not even been invented yet! Seminars, workshops, tutorials, e-events, one-on-one advice and e-consultancy are vital to penetrate 3D printing into potentially lucrative markets. Unfortunately, this is an extremely time-consuming and expensive process which does not guarantee a certain return on investment. This also creates a chicken and egg situation. Due to low demand, opting for volumes over profits is unsustainable. On the other hand, the numbers would be too small to eke a reasonable profit.

3D Printing Service Bureaus Market Key Regions

The largest 3D Printing Service Bureaus market at present is currently the U.S, followed by Europe. Companies are spread across the globe in countries as far apart as the U.S, U.K, Germany, France, India, South Africa, Belgium and the Netherlands.

3D Printing Service Bureaus Market Key Players 

Key 3D Printing Service Bureaus market players include Shapeways, Makexyz, Ponoko, Sculpteo, i.Materialise, 3D Hubs, Rapid3D and Imaginarium.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.

To receive extensive list of important regions, ask for TOC [email protected] https://www.persistencemarketresearch.com/toc/19561

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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Consumer Demand for Eco-friendly Products Set to Boost the Prospects of the 3D Printing Service Bureaus Market 2017 – 2025

 

New Study on the Global 3D Printing Service Bureaus Market by PMR

Persistence Market Research recently published a market study that sheds light on the growth prospects of the global 3D Printing Service Bureaus market during the forecast period (20XX-20XX). In addition, the report also includes a detailed analysis of the impact of the novel COVID-19 pandemic on the future prospects of the 3D Printing Service Bureaus market. The report provides a thorough evaluation of the latest trends, market drivers, opportunities, and challenges within the global 3D Printing Service Bureaus market to assist our clients arrive at beneficial business decisions.  

As per the report, the global 3D Printing Service Bureaus market is expected to grow at a CAGR of ~XX% during the stipulated timeframe owing to a range of factors including, favorable government policies, and growing awareness related to the 3D Printing Service Bureaus , surge in research and development and more. 

Request Sample Report @ https://www.persistencemarketresearch.co/samples/19561

Resourceful insights enclosed in the report:

  • Accurate assessment of the growth trajectory of the global 3D Printing Service Bureaus market post the COVID-19 pandemic
  • In-depth analysis of the marketing, sales, promotional strategies adopted by prominent market players
  • The domestic and international presence of different players in the 3D Printing Service Bureaus market
  • A thorough analysis of the supply-demand trends in different regions and the impact of the COVID-19 on the same
  • Manufacturing/production prowess of various players operating in the 3D Printing Service Bureaus market

Competitive Outlook

The competitive outlook section provides valuable information related to the different companies operating in the current 3D Printing Service Bureaus market landscape. The market share, product portfolio, pricing strategy, sales and distribution channels of each company is discussed in the report.

Request Report Methodology @ https://www.persistencemarketresearch.co/methodology/19561 

Prominent players covered in the report are:

Regional Assessment

The presented market study touches upon the market scenario in different regions and provides a deep understanding of the influence of micro and macro-economic factors on the prospects of the market in each region.

Key Players 

Key 3D Printing Service Bureaus market players include Shapeways, Makexyz, Ponoko, Sculpteo, i.Materialise, 3D Hubs, Rapid3D and Imaginarium.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

For any queries get in touch with Industry Expert @ https://www.persistencemarketresearch.co/ask-an-expert/19561 

The market report addresses the following queries related to the 3D Printing Service Bureaus market:

  1. What is the estimated value of the global 3D Printing Service Bureaus market in 2020?
  2. Which region is expected to present a range of opportunities to market players in the 3D Printing Service Bureaus market after the COVID-19 pandemic?
  3. Which recent market trends are likely to accelerate the growth of the 3D Printing Service Bureaus market in the upcoming years?
  4. Which end-use industry is expected to hold the maximum market share in the 3D Printing Service Bureaus market?
  5. What are the recent mergers and acquisitions that have taken place in the 3D Printing Service Bureaus market?