Global Rapid Prototyping Equipment Market 2017-2021

The key findings from our rapid prototyping equipment market forecast report are summarized below

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Global Rapid Prototyping Equipment Industry Outlook

The global rapid prototyping equipment market research predicts the market to grow steadily at a CAGR of around 5% by 2021. One of the primary rapid prototyping equipment market drivers is the capability of the rapid prototyping equipment to increase the efficiency and effectiveness of the product development cycle in the manufacturing process. The rising competition and rapidly changing market dynamics have compelled a number of companies to have shorter product development cycles. Consequently, prototyping equipment enables the production of reliable and cost-effective products and reduces the need for multiple prototypes and analysis time.

One of the latest rapid prototyping equipment market trends gaining traction in this market is the exponentially rising adoption of integrated rapid prototyping equipment. Vendors are offering prototyping equipment that is integrated with various manufacturing applications. This approach helps in creating a collaborative product development cycle by reducing the gap between product design and production phases. 

Competitive landscape and key vendors

The global rapid prototyping equipment market is highly consolidated due to the presence of few established players holding a significant share of the global market. There is intense competition among the major vendors in the market. Apart from top vendors, several regional and local vendors have started manufacturing customized and energy-efficient equipment that is available at lower prices than the products offered by their international counterparts.

The report offers a detailed analysis of several leading companies, including:

• 3D Systems
• EOS
• Stratasys

Other prominent vendors in the rapid prototyping equipment market include 3T RPD, AAROFLEX, Afit, Proto Labs, Arcam, Beijing Yinhua, Biomedical Modeling, Concept Laser, Cubic Technologies, Desktop Factory, EnvisionTEC, ExOne, fcubic, GPI Prototype and Manufacturing Services, Greatbatch, Cubic Technologies, and Höganäs.

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Rapid prototyping equipment market segmentation by end-user 

• Aerospace and defense
• Automotive
• Consumer goods
• Medical devices

During 2016, the rapid prototyping equipment applications for the automotive industry accounted for the major market share. The rapid rise in the sales of automobiles in countries like Australia, India, and China is the key factor responsible for the dominance of this segment in the global market.

Rapid prototyping equipment market segmentation by geography

• Americas
• APAC
• EMEA

In this rapid prototyping equipment market forecast, analysts have estimated the Americas to dominate the rapid prototyping equipment market during the forecast period. The presence of numerous automotive manufacturing and consumer product companies is the main factor driving the growth of the rapid prototyping equipment market in the region.

Key highlights of the global rapid prototyping equipment market for the forecast years 2017-2021:

• CAGR of the market during the forecast period 2017-2021
• Detailed information on factors that will accelerate the growth of the rapid prototyping equipment market during the next five years
• Precise estimation of the global rapid prototyping equipment market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behaviour
• Growth of the rapid prototyping equipment industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of rapid prototyping equipment companies

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