3D Printing in Electronics Market 2019
3D printing was commercialized in the 1990s. But it has gained immense interest only recently. The global 3D Printing in Electronics market picked up steam between 2013 and 2016, and its use has been widespread ever since. As a result, additive manufacturing has also been adopted as one of the critical manufacturing processes. Today, 3D printing is no more about consumers alone. It’s purely about establishing digital workflows and the production of quality finished products.
3D printing of today can cater to different industrial operations, and professionals are awaiting the most innovative technologies in the field. So, there is considerable potential for the growth of this market. 3D Printing in Electronics market is bound to soon grow to mind-boggling levels. One of the earliest adopters of this technology has been the electronics sector. 3D printing is primarily used in this sector to manufacture rugged cases for various electronic devices and equipment.
The following key manufacturers covered in this report
Graphene 3D Lab
3D Printing in Electronics market can be segmented by either product type, application or end-user. The types of products available include Antennas, Sensors, Heaters, and Printed Circuit Boards among others. PCBs are expected to grow at faster rates than others due to their extensive application in electronic devices.
By application, the 3D Printing in Electronics markets can be classified as Production Line and Rapid Prototyping. 3D printers have been used continuously to manufacture spare parts for machines and other industrial equipment used for manufacturing processes. Besides the production line, they also find applications in rapid prototyping where the use of 3D printers has reduced the time taken for rapid prototyping by at least 63%. Rapid prototyping using 3D printing has been one of the critical advantages of creating and quickly modifying the projects. Thus, Rapid Prototyping using 3D printing is a widely used method that has shown the highest growth in 3D printing in electronics markets.
3D printing finds a wide range of applications in fields like aerospace and defense, consumer electronics, medicine, telecommunication, education, research and development, energy and utility, and the automotive industry. The defense sector has been extensively using this technology. One sub-sector of defense in which 3D printing can be of tremendous help is Air Force.
Going by region, North America has always had the highest share in 3D printing in electronics market. Not too far behind are Europe, China, Japan, Southeast Asia, and India. Even during the forecast period, North America will continue to dominate the markets for 3D Printing in Electronics. The continent will project a CAGR of 20.8 % during the forecast period, and the sector is bound to grow to a staggering $16,838 million. Major countries in who will act as the most significant growth contributors include the US, Canada, and Mexico.
Latest Industry News
In 2017, the US Air Force Research Laboratory and American Semiconductor tied up to bring forward a new type of 3D printed silicon chip. Since then, many key players have strived to enhance their stronghold in the field. For example, in February 2018, Optomec Incorporation launched the Aerosel Jet HD system, which gave rise to high-resolution 3D Printing in Electronics allowing for a denser packing of electronic components.
Table of Contents –Analysis of Key Points
1 3D Printing in Electronics Market Overview
2 Manufacturers Profiles
3 Global 3D Printing in Electronics Market Competition, by Players
4 Global 3D Printing in Electronics Market Size by Regions
5 North America 3D Printing in Electronics Revenue by Countries
6 Europe 3D Printing in Electronics Revenue by Countries
7 Asia-Pacific 3D Printing in Electronics Revenue by Countries
8 South America 3D Printing in Electronics Revenue by Countries
9 Middle East and Africa Revenue 3D Printing in Electronics by Countries
10 Global 3D Printing in Electronics Market Segment by Type
11 Global 3D Printing in Electronics Market Segment by Application
12 Global 3D Printing in Electronics Market Size Forecast (2019-2025)
13 Research Findings and Conclusion
List of Tables and Figures
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