Worldwide 3D printing is becoming a mainstream manufacturing technology. It is becoming more accessible globally as consumers have begun to innovate across various industries. 3D printing is extensively adopted in the industrial sector owing to the increasing need for enhanced product manufacturing. 3D printing is also known as additive manufacturing, and its technology creates objects. It offers a plethora of opportunities in the production, design, performance of novel architectural forms, construction systems, and materials. It is a faster, innovative, and more agile method of product development and production. According to Renub Research Global 3D Printing Market is expected to be US$ 48.4 Billion by 2027.
3d printing market Across the Globe, 3D printing and related technologies are emerging continuously in line with the intensive R&D activities being undertaken and the proactive investments being made by the private sector and the public sector. Globally, Government funding and encouraging initiatives being undertaken in expanding economies are prompting manufacturers to pursue new technologies. For example, the Dutch government has spent US$ 150 Million in 3D printing-related research and innovation. Another example: the Austrian federal government and the state of Lower Austria have purred two funding packages to support investments in 3-D printing. As per our analysis, Global Additive Manufacturing Market was valued at US$ 8.5 Billion in 2020. 3D Printing Uses in Industry 3D printing currently represents only a tiny percentage of the overall US$ 12 Trillion manufacturing industry. But there is hope that the proportion of additively manufactured components is only set to grow further over time. 3D printing technology is frequently used for mass customization, producing open-source designs in healthcare, automotive, Consumer Electronics, Power & Energy, and aviation. North America has the largest market share globally due to the extensive adoption of 3D printers for 3D designing, 3D modeling, and 3D manufacturing in several industries. On the other hand, in the Asia Pacific, countries like China, Japan and India have immense potential and is helping in the formulation of efficient processes in the aerospace sector, with aircraft manufacturers investing an enormous amount of capital in 3D technology for the production of jet engine combustion nozzles, turbine blades, and structural parts. According to Renub Research, the global demand for 3D Printing Industry will grow with a staggering CAGR of 28.21% from 2020 to 2027. global 3d printing market COVID-19 IMPACT on 3D Printing Industry The outbreak of the COVID-19 pandemic has significantly impacted the overall global economy and, subsequently, the 3D printing industry. It has halted the production process and led to a shortage of raw materials thus, hampering the supply chain. However, along with the COVID-19 pandemic, the urgent need for 3D printing in medical devices and specialized products, especially 3D printing equipment, has been overwhelming. Companies Performing in 3D Printing Industry Investment in industrial additive manufacturing is booming. In the last few years, millions of dollars have flowed into the 3D printing industry. In the first quarter of 2019 alone, 3D printing companies have received significant funding included Desktop Metal ($160 million), Markforged ($82 million) and 3D Hubs ($18 million). The players performing in the global 3D printing powder market are Sandvik AB, Carpenter Technology Corporation, 3D Systems Corporation, Renishaw PLC and Voxeljet AG. The key market players focus on inventing the 3D printing technology in response to the growing demand for 3D printing applications from the automotive, healthcare, and aerospace and defence verticals for manufacturing purposes. Renub Research latest report “Global 3D Printing Market by Component (Products, Material, Service, Other service), Application (Prototyping and Tooling, R&D and Innovation, Manufacturing complex Products) By Vertical (Automotive, Aerospace & Defense, Healthcare, Consumer Electronics, Power & Energy Others), by,By Technology [SLS-(selective laser sintering), FDM-(fused deposition modeling), SLA-(stereo lithography), EBM-(inkjet printing, electron beam melting),MJP-(polyjet/multijet printing), Inkjet Printing, LMD-(laser metal deposition), DLP-(digital light processing),LOM-(laminated object manufacturing), Other Technologies] Company (Sandvik AB, Carpenter Technology Corporation, 3D Systems Corporation, Renishaw PLC, Voxeljet AG)" provides a detailed analysis of Additive Manufacturing Market. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=3d-printing-market-p.php Component – 3D printing market have been covered from 4 viewpoints: 1. Products 2. Material 3. Service 4. Other services Application - 3D printing market have been covered from 3 viewpoints: 1. Prototyping and Tooling 2. R&D and Innovation 3. Manufacturing complex Products Vertical - 3D printing market have been covered from 5 viewpoints: 1. Automotive 2. Aerospace & Defense 3. Healthcare 4. Consumer Electronics 5. Power & Energy Others 3d printing industry Region - 3D printing market have been covered from 4 viewpoints: 1. North America 2. Europe 3. Asia Pacific 4. Rest of the World Technology - 3D printing market have been covered from 9 viewpoints: 1. SLS-(selective laser sintering) 2. FDM-(fused deposition modeling) 3. SLA-(stereo lithography) 4. EBM-(inkjet printing, electron beam melting) 5. MJP-(polyjet/multijet printing) 6. Inkjet Printing 7. LMD-(laser metal deposition) 8. DLP-(digital light processing) 9. LOM-(laminated object manufacturing) All companies have been covered from 3 viewpoints • Overview • Recent Development • Revenue Company Analysis: 1. Sandvik AB 2. Carpenter Technology Corporation 3. 3D Systems Corporation 4. Renishaw PLC 5. Voxeljet AG About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions. Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Smart homes are a term used for a wide range of solutions to monitor, control, and automate purpose in a home. The smart home system needs a smartphone application or web portal to interact with an automated system as a user interface. Smart homes appliances and devices can be perpetually controlled, far away from any internet-connected place using a mobile or other networked device. With the smart home's arrival, the desire for convenience has created a revolutionary new market in the United States. According to Renub Research, the United States Smart Home Market is expected to reach US$ 70,126.7 Million by 2026.
According to the 2019 Media Post, 69% of United States houses own at least one smart home product. According to the Consumer Technology Association (CTA) study, 83 million households and approximately 22 million homes own more than one smart home product. Americans prefer smart gadgets over traditional methods most because of their Control and Connectivity application. As per our research study, the United States Home Internet of Things (IoT) Devices Market is predicted to grow with a double-digit CAGR of 19.83% from 2020 to 2026. There are various types of Smart home products present in the United States to satisfy different costumers' requirements. The constant increase in physical crime and cyber-attack on smart home appliances led to Security Household Penetration growth. Americans are inclined towards Interactive Security System, Smart door lock, smart doorbells, smart locks, smart cameras, smart thermostats, smart lights, and Door/window sensor to make their family and home more secure when they are not around or gone for a long trip. Sound and entertainment play a significant role in smart home owing to their features and usability. The smart speaker uses voice command to control intelligent devices to make daily American life easy. The United States Smart Homes market is highly fierce and embodies several major players. In terms of market share, a handful of the major players forthwith control the smar home market in the United States. The companies covered in this report are Honeywell International Inc., Acuity brands, Brink home Security, Sleep Number Corporation and Spectrum Brands Holdings, Inc. As per this market research report, the United States Smart Home Market was US$ 23,668 Million in 2020. Renub Research latest report titled “United States Smart Home Market by Application, Products, Active Household Numbers, Penetration rate, Company (Honeywell International Inc., Acuity brands, Brinks home Security, Sleep number Corporation, Spectrum Brands Holdings, Inc.)” report provides current trends and analysis of United States Smart Home Industry. Request a free sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=united-states-smart-home-market-p.php Application – Market, Volume & Households Penetration break up into 6 Segments, and each of these segments is further divided into 3 sub-segments 1. Energy Management a. Energy Management Market b. Number of Active Households c. Application Household Penetration 2. Comfort and Lighting a. Comfort and Lighting Market b. Number of Active Households c. Application Household Penetration 3. Home Entertainment a. Home Entertainment Market b. Number of Active Households c. Application Household Penetration 4. Control and Connectivity a. Control and Connectivity Market b. Number of Active Households c. Application Household Penetration 5. Security a. Security Market b. Number of Active Households c. Application Household Penetration 6. Smart Appliances a. Smart Appliances Market b. Number of Active Households c. Application Household Penetration Products – Market and Volume breakup of 15 Smart Home Products in USA 1. Smart Speaker 2. Interactive Security System 3. Smart Thermostat 4. Monitoring Camera 5. Video Doorbell 6. Smart Light Bulb 7. Motion Sensor 8. Smart Light Switch 9. Door/Window Sensor 10. Smart Door Lock 11. Smart Plug 12. Smart Smoke Detector 13. Garage Door Opener 14. Smart Electrical Socket 15. Others Company have been covered from 3 Viewpoints • Overview • Recent Development • Revenue Company Analysis 1. Honeywell International Inc. 2. Acuity brands 3. Brinks home Security 4. Sleep number Corporation 5. Spectrum Brands Holdings, Inc. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises of major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions. Our core team is comprised of an experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make the business decisions: on strategy, organization, operations, technology Science Articles, mergers & acquisitions etc. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91-120-421-9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research |
Archives
November 2021
Categories
All
|