Global Selective Laser Sintering Market Size study, by Type (Metal, Plastic) by Application (Automotive, Aerospace, Defense and others) and Regional Forecasts 2020-2027

Global Selective Laser Sintering Market is valued approximately USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than 22.8 % over the forecast period 2020-2027. Selective laser sintering (SLS) is a technique of additive manufacturing (AM) which uses a laser as the power source for sintering powdered material (mainlly nylon or polyamide), automatically targeting the laser at space points which is defined by a 3D model, binding the material together to create a solid structure. SLS is a fairly new concept that has been used to date mainly for rapid prototyping and the production of component parts in low volume. Growing demands for healthcare and medical devices, increasing demand in robot building for 3D equipment are the factors that are driving the market. As per Statista, Advanced Robotics manufacturing demand is expected to grow at an average annual growth rate of 46 per cent over the next four years to reach US$ 3.7 billion by 2021. Reduced manufacturing cost and time to market is also driving the market. A wide range of 3D printing technologies are used to develop prototypes for its use across industries like filament-based fused deposition modeling ( FDM) as well as powder bed fusion machines, selective laser sintering ( SLS) which can reduce costs through accelerated production; lower tooling costs and process work; lower waste; and parts that remain strong despite being lightweight. Complex applications and high risk associated with SLS equipment along with the distortion due to lack of normal process controls and SLS printing software difficulties is expected to impede the growth of the market. Moreover, emerging applications in manufacturing sector across aerospace and medical devices industries create various opportunities for the market.

Ask for Free Sample @ WMR-https://westernmarketresearch.com/sample-report/1243605/Global Selective Laser Sintering Market #sample

The regional analysis of global Selective Laser Sintering market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. In 2017 north America dominated the global share of the market for SLS equipment. Technological advances and increasing technological adoption in a vast array of industries contribute to North America's largest share. The market for SLS equipment in APAC is projected to grow at the highest market rate driven by the increasing adoption of SLS equipment in multiple verticals like consumer goods, aerospace, automotive, healthcare, and jewelry. The increased adoption of SLS equipment and materials will increase the penetration of SLS equipment in the APAC region

Ask for Free Sample-Inquiry and Discount @WMR-https://westernmarketresearch.com/market-report/1243605/Global Selective Laser Sintering Market #inquiry

Major market player included in this report are:
3D Systems
Farsoon Technologies
Prodways Group
FormLabs
Ricoh Company Ltd.
Concept Laser GmbH
Renishaw plc
Sinterit Sp. z o.o
Sintratec AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Metal
Plastic
by Application
Automotive
Aerospace
Defense
Others

Click for BUY NOW and ask for lucrative Discount @ WMR- https://westernmarketresearch.com/buynow.php?id=1243605

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year ñ 2017, 2018
Base year ñ 2019
Forecast period ñ 2020 to 2027

Target Audience of the Global Selective Laser Sintering Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Click to know more about product @ WMR – https://westernmarketresearch.com/market-report/1243605/Global Selective Laser Sintering Market

Be the first to comment

Leave a Reply

Your email address will not be published.


*