(EMAILWIRE.COM, August 02, 2019 ) The automated 3d printing market is estimated to be valued at USD 1,793 million by 2023, at a CAGR of 55.65% between 2018 and 2023. The study involved 4 major steps to estimate the current size of the automated 3D printing market. The exhaustive secondary research was conducted to collect information on the focused market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.

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Hardware to hold largest size of automated 3D printing market during forecast period

Hardware is expected to hold the largest share for automated 3D printing market based on offering. Among the types of hardware, the adoption of robots is proving to be beneficial for the companies to achieve complete automation. The end users are introducing robots in their 3D printing processes for significant transformation in terms of increased productivity and efficiency, leading to higher levels of output, product quality, and flexibility. The robots are used to automate the 3D printing processes, and their adoption is increasing in automated 3D printing as they are easily programmable and can perform the tasks at an accelerated pace. Major companies such as Voodoo Manufacturing and Universal Robot are investing heavily on the robots.

Automated 3D printing market for multiprocessing to grow at highest CAGR during forecast period

Of all the processes, the market for multiprocessing is expected to grow at the highest CAGR during 2018–2023. The multiprocessing 3D printing leads to an increase in component functionality. It is an additive manufacturing process enhanced with the complementary processes, such as machining, cutting, dispensing, and robotic placement. This increases the adoption of automation in the 3D printing for multiprocessing.

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North America to hold largest size of automated 3D printing market during forecast period

North America is expected to dominate the automated 3D printing market, with the largest share, during 2018–2023. North America has been receptive to the 3D printing procedures since its early days. The presence of the well-established 3D printing solutions providers supports the increasing the automation of 3D printing system to improve efficiency and speed. The university grants provided by the federal government to develop 3D printing labs and technologies also drive the growth of the automated 3D printing market in this region.

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Key players in the automated 3D printing market include Stratasys (Israel), ExOne(US), 3D Systems (US), Materialise (Belgium), Universal Robot (Denmark), Formlabs (US), EOS GmbH (Germany), SLM Solutions (Germany), Concept Laser (Germany), Coobx (Liechtenstein), Authentise (US), Renishaw (UK), NVBOTS (US), PostProcess Technologies (US), and DWS System (Italy).

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