LONDON — (BUSINESS WIRE) — August 3, 2015 — Technavio has published a new report on the global 3D printing in electronics industry, which is expected to grow at a CAGR of almost 20% from 2015-2019.
About the Report
The new report by Technavio underlines the increased adoption of 3D printing, which is driven by government support and decreasing average selling prices. With advances in technology, the range of applications for 3D printing has increased.
“The application of 3D printing in industries like electronic entertainment and education is on the rise, which increases the demand for 3D printing technologies in the electronics industry,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also emphasizes the global market, which is developing innovative products in different application areas due to the growing demand for 3D printed electronic components and products.
“For instance, printed lithium-ion micro-batteries from suspended nanoparticles of lithium compounds and silver wires have been recently developed. These innovative applications of 3D printing materials along with increase in R&D are trending and will drive the market growth,” adds Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the global 3D printing in electronics industry from 2015-2019. To calculate overall market size and vendor shares, we consider the revenue generated through sales of printers, materials, and services in the electronics end user segment.
Key Information Covered in the Report:
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Key Vendors:
- Stratasys
- 3D Systems
- Arcam
- ExOne
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Market Growth Drivers:
- Advances in technology and manufacturing processes
- For a full detailed list, view our report.
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Market Challenges:
- High cost of printers and materials
- For a full detailed list, view our report.
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Market Trends:
- Consolidation of the market
- For a full detailed list, view our report.
Technavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the 3D printing market:
If you are interested in more information, please contact our media team at media@technavio.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150803005638/en/
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