3D Printing Robots Market: Understanding Present and Future Aspects

According to the research report, the global 3D Printing Robots Market in 2019 was approximately USD 1.4 billion. The market is expected to grow at a CAGR of 15% and is anticipated to reach around USD 4.9 billion by 2026.

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3D printing has seen tremendous potential in the manufacturing of robots along with their effectors. Providers of robotic solutions have made the landscape for 3D printing and are continuously opening avenues in manufacturing industries for automation. Also, the advancements which are made in 3D engineering have created more opportunities. 3D robotics printing has made a high potential for manufacturing in numerous applications. The tasks of 3D printing include repairing civic structures, tunnels, and bridges. Industry initiatives have been made for the development and testing of prototypes so that these robots can be used in harsh environments with more reliability.

According to the research report, the global 3D Printing Robots Market in 2019 was approximately USD 1.4 billion. The market is expected to grow at a CAGR of 15% and is anticipated to reach around USD 4.9 billion by 2026.

This robotic technology is a niche category technology that is now coming up as an innovation for the traditional process of manufacturing, thereby several players are adopting the process of 3D printing. Players such as Airbus, Lockheed Martin, rolls Royce, ford are the early adopters of this 3D printing technology. Investments in the research and development are made by the vendors to enhance the speed and flexibility of 3D printing robots. The aerospace and defense sector is highly adopting the 3D printing robots which will save approximately USD 3 billion annually in repair, maintenance, operations work. These robots are now helping in the production of complex but lighter components. They are replacing the traditional prototype costs by providing customized solutions. Many of the players are filing for patents in robots. According to a survey of world intellectual property, more than 75% of patents were filed by Germany, U.S., UK, France, Japan.

The demand 3D printing robots market was projected at around USD 1.4 billion in 2019, and by the end of 2026, existing and expected developments would hit estimations of around USD 4.9 billion. The companies and experts predict the worldwide 3D printing robots market growth in terms of a CAGR of around 15%.

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Some of the leading and top companies in the 3D printing robots market contain 3D Systems Corporation, PLEN Project Company, Carbon 3D, SLM Solutions, Genesis Dimensions, EOS GmbH, ABB Robotics, Concept Laser, Ultimaker, BeeHex, SCHUNK GmbH & Co. KG, Stratasys Ltd., Titan Robotics, Markforged, BioBots, Open Bionics, New Valence Robotics Corporation among others.

The increase in the number of use cases for 3D printing robots is a major factor that is boosting the market. For many years, huge industries are involved in research and development activities for seeing the potential of 3D printing in the market. Also, giant research enterprises are coming with good concepts that need prototyping, and efforts involved in the testing of prototypes have evolved a new potential for the market of 3D printing robots. Further, key players of this industry are collecting additive manufacturing concepts to enhance the concept of mobile 3D printing robots so that the work can be done concurrently. This technology can also be used for printing huge structures.

The market for 3D printing robots is segmented on the basis of types, end-users, and region. Based on type segmentation, the market is further bifurcated into Cartesian 3D printing robots, polar 3D printing robots, delta 3D printing robots. On the basis of end-users, the market is bifurcated into industrial, healthcare, automotive, aerospace and defense, construction, and others. In terms of geography, North America and Europe will mark the highest growth potential in the coming years due to the pace of research and development on the use cases of 3D printing robots in industrial and commercial sectors. Also, there are various researches that are done by the universities which are expanding the regional markets. Moreover, the technological advancements made by 3D printing in some of the developing regions will make some of these into fast-emerging markets.

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