Free Press Release
Create Free Account! Members Login
Art & Entertainment Automotive Blogging & Social Media Business Computer Design Education Environment Events / Trade Shows Games & Entertainment Government Health and Fitness Home & Family Industry Legal / Law Lifestyle News & Society Politics Religion Sports Technology Web sites / Internet

Press Release / Business / Selective Laser Sintering Equipment Market by Manufacturer and Regions 2023

Selective Laser Sintering Equipment Market by Manufacturer and Regions 2023

By Avinash Gogawale on June 30 2022 | 590 Views

At a CAGR of 22.8% to 2023, The Selective Laser Sintering Equipment Market is anticipated to increase from USD 339.5 million in 2018 to USD 947.4 million by that year.

The Selective Laser Sintering Equipment Market is expected to grow at a CAGR of 22.8% to 2023, while the market for equipment, including SLS and DMLS, is anticipated to grow at a rate of 27.5%. The market is expected to reach USD 339.5 million in 2018 and USD 947.4 million by 2023. In end-user industries such consumer goods, automotive, aerospace & aeronautics, machinery & equipment, healthcare & medical devices, and art & fashion, where SLS equipment is used to create prototypes, there is a growing demand for SLSL equipment, which is driving the market growth.

Key Players

Major Players in the SLS Equipment Market include 3D Systems Corporation (US), EOS GmbH (Germany), Farsoon Technologies (China), Prodways Group (France), Formlabs, Inc. (US), Sinterit sp. z o.o. (Poland), Renishaw Plc. (UK), Sintratec AG (Switzerland), Sharebot S.r.l. (Italy), Natural Robotics (Spain), Ricoh Company, Ltd. (Tokyo), Z Rapid Tech (China), Concept Laser GmbH (Germany), Aerosint (Belgium), XYZ Printing, Inc. (Taiwan), Dynamic Tools (Spain), Aspect Inc (Japan), and Red Rock SLS (Russia).

Nylon-based SLS Equipment dominated the overall SLS Equipment Market in 2017

Nylon accounted for the biggest market share of all material-based SLS equipment in 2017, but metal-based SLS equipment is predicted to increase at the quickest rate over the next years. The consumer products and automotive industries make substantial use of nylon-based SLS equipment, which is the cause of its highest market size in 2017. The use of SLS equipment is widespread in the prototyping and functional prototyping of consumer electronic devices, including the creation of prototypes for GPS products, the design of perfume bottles, and the creation of exterior bodies for washing machines and dishwashers, among many other applications.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=27853684

SLS Equipment Market for Robotics Application to grow at highest CAGR during forecast period

Robotics manufacturers were formerly limited to using commercially available parts. They may now design and print their own parts utilising economical and free designing tools and cost-effective SLS 3D equipment thanks to the invention of SLS printing. Since SLS 3D equipment lowers the cost of prototypes and, in many cases, final parts, the adoption of SLS equipment will continue to increase. As a result, an acceleration in the development of robots is anticipated. For the most part, the robotics application uses metal-based SLS machinery to produce detailed prototypes or final goods.

SLS Equipment Market in APAC to grow at highest CAGR during forecast period

Due to the rising usage of SLS equipment across a number of industries, including consumer goods, aerospace, automotive, healthcare, and jewellery, the SLS Equipment Market in APAC is anticipated to expand at the highest CAGR over the forecast period. The penetration of SLS equipment across APAC would be further boosted by the growing use of SLS materials and equipment. Japan and China are the two biggest market contributors in APAC. China is the fastest-growing market in APAC and has enormous potential for SLS 3D printing applications. However, North America commanded the highest share of the SLS Equipment Market in 2017 as a result of the region’s rapid technological development and expanding acceptance of technology across a wide range of sectors.

Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/selective-laser-sintering-equipment-market-27853684.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Visit Our Website: https://www.marketsandmarkets.com



Latest Exclusive Press Release
XDR Market key Players Analysis, Applications, Forecasts to 2027
9 Best Vitamin and Mineral Supplements That Can Help Boost Your Immune System and Overall Health
Selective Laser Sintering Equipment Market by Manufacturer and Regions 2023
Generative Design Market Size Analysis | Autodesk, Altair, ANSYS, MSC Software
7 Things To Remember When Looking For The Best Commerical Cleaning Services For Your Business
Popular Press Release
Zeng Fanzhi Parcours Exhibition 2016 in Beijing
Home Ministry’s Population Register Worse than Prisoner Identification
Feel-planet.com Has Made It Possible to Discover the Wonders of the World Online
First Time Home Buyers Tax Credits STILL Available For Troops!
Best Web Hosting Service in India


Art & Entertainment Automotive Blogging & Social Media Business
Computer Design Education Environment
Events / Trade Shows Games & Entertainment Government Health and Fitness
Home & Family Industry Legal / Law Lifestyle
News & Society Politics Religion Sports
Technology Web sites / Internet