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Global 3D Desktop Printer Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, and Opportunities | Technavio


The 3D desktop printer market is expected to grow by USD 9.29 billion, progressing at a CAGR of almost 37% during the forecast period.

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The rising demand for quick prototyping is one of the major factors propelling market growth.

More details: https://www.technavio.com/report/3d-desktop-printer-market-industry-analysis

3D desktop Printer Market: Technology Landscape

3D printers with FDM technology are less expensive and user-friendly. This technology is commonly used for prototyping, production, and modeling applications. Moreover, 3D printers with FDM technology are used to manufacture in-house products, ranging from toys to plastic utensils. The benefits of 3D desktop printers with FDM technology, such as affordability, user-friendliness, and scalability, contribute to the growth of the desktop 3D printer market in this segment. Market growth in this segment will be faster than the growth of the market in SLS and others technology segments.

3D desktop Printer Market: Geographic Landscape

The growing IT investments and digitalization among enterprises and start-ups, rising venture capital investments, and increasing government initiatives are some of the factors that will significantly influence desktop 3D printer market growth in the region. Over 38% of the market's growth will originate from North America during the forecast period. The US and Canada are the critical desktop 3D desktop printer markets in North America. Market growth in this region will be slower than the growth of the market in APAC.

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Related Reports on Information Technology Include:

Global Large Format Printers Market: The large format printers market size has the potential to grow by USD 325.65 mn during 2020-2024, and the market's growth momentum will decelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!

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Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY TECHNOLOGY

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE

PART 13: VENDOR ANALYSIS

PART 14: APPENDIX

PART 15: EXPLORE TECHNAVIO

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