North America Desktop 3D Printing Market Size, Share & Industry Trends Analysis Report By Application (Functional Parts, Prototyping, and Tooling), By Vertical, By Technology, By Component, By Material, By Country and Growth Forecast, 2022 – 2028
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The North America Desktop 3D Printing Market would witness market growth of 18.5% CAGR during the forecast period (2022-2028).
With the continuous advancements in material composition, such as the rising use of metals and polymers, additive manufacturing is transitioning from a tool for prototyping to an essential component of fabrication. The technology is being incorporated into industrial processes because of new materials, quicker lead times, & inventive finishes that abide by standards (FDA, ASTM, and ISO).
Additionally, the availability of this technology has expanded because of the declining costs of machines utilized in additive manufacturing as well as rising knowledge & awareness. Recent years have seen widespread adoption of newer, more sophisticated fused deposition modeling techniques across numerous industries because of their ability to use a variety of materials.
The North America region is witnessing high demand for desktop 3D printers as the region is increasingly adopting the latest technology. The United States is the most advanced nation in 3D printing. It is anticipated to the growing number of new product launches, as well as product advancements and developments, which would accelerate the regional market growth. In order to have a stronger market presence, several 3D printing solution suppliers from across the world are increasing their footprint in the North American market. Furthermore, to take advantage of the potential offered by 3D printing, there have been a number of new mergers, and acquisitions in the region.
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The US market dominated the North America Desktop 3D Printing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,737 million by 2028. The Canada market is poised to grow at a CAGR of 21.2% during (2022 – 2028). Additionally, The Mexico market would witness a CAGR of 20.2% during (2022 – 2028).
Based on Application, the market is segmented into Functional Parts, Prototyping, and Tooling. Based on Vertical, the market is segmented into Dental/Healthcare, Fashion & Jewellery, Education, Objects, Food, and Others. Based on Technology, the market is segmented into Digital Light Processing, Stereolithography, Fuse Deposition Modelling, Laminated Object Manufacturing, and Selective Laser Sintering & Others. Based on Component, the market is segmented into Hardware, Software (Design Software, Printer Software, Inspection Software, and Scanning Software), and Services. Based on Material, the market is segmented into Plastic, Ceramic, and Metal. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dassault Syst?mes SE, 3D Systems Corporation, Autodesk, Inc., Canon, Inc., Materialise NV, EnvisionTec, Inc. (Desktop Metal, Inc.), Voxeljet AG, Stratasys, Ltd., Proto lab, Inc., and Shapeways, Inc.
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Scope of the Study
Market Segments covered in the Report:
By Application
Functional Parts
Prototyping
Tooling
By Vertical
Dental/Healthcare
Fashion & Jewellery
Education
Objects
Food
Others
By Technology
Digital Light Processing
Stereolithography
Fuse Deposition Modelling
Laminated Object Manufacturing
Selective Laser Sintering & Others
By Component
Hardware
Software
Design Software
Printer Software
Inspection Software
Scanning Software
Services
By Material
Plastic
Ceramic
Metal
By Country
US
Canada
Mexico
Rest of North America
Companies Profiled
Dassault Syst?mes SE
3D Systems Corporation
Autodesk, Inc.
Canon, Inc.
Materialise NV
EnvisionTec, Inc. (Desktop Metal, Inc.)
Voxeljet AG
Stratasys, Ltd.
Proto lab, Inc.
Shapeways, Inc.
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