Requirement for Faster Time-to-Market Is Spurring Growth in the Global Rapid Prototyping Equipment Market: TechNavio

LONDON--()--TechNavio has announced the publication of its market research report on the Global Rapid Prototyping Equipment Market, which is expected to grow at a CAGR of 26.07 percent from 2014-2019.

About the Report

The latest report from TechNavio highlights the growing need for faster time-to-market as a major driver for market growth in this area. Rapid prototyping equipment improves the efficiency and effectiveness of the product development cycle in the manufacturing process. Considering the current competitive business environment, more and more companies are in need of shorter product development cycles.

“Rapid prototyping equipment enables the production of reliable and cost-effective products and also reduces the need for multiple prototypes and analysis time, which ultimately helps reduce product development cycle time,” says Faisal Ghaus, Vice President of TechNavio.

Rapid prototyping equipment helps manufacturing companies reduce lead time by reducing product design time, shortening the production planning process and reducing time spent on design changes.

Additionally, the market is witnessing an increased demand from the healthcare industry, and vendors have already started introducing products and systems specific to healthcare. They are developing advanced raw materials to develop various complex healthcare applications like transplantation surgery and tissue implant engineering.

Key Information Covered in the Report:

  • Market segmentation, size and forecast through 2019
  • Market Growth Drivers:
  • Market Challenges:
    • Limited Range of Raw Materials Available for Fabrication
    • For a full detailed list, view our report.
  • Market Trends:
    • Developed Rapid Prototyping Equipment for Healthcare Industry
    • For a full detailed list, view our report.
  • Key Vendors:
    • 3D Systems Corp.
    • EOS GmbH
    • Stratasys, Ltd.
  • Other Prominent Vendors:
    • 3T RPD
    • Aaroflex
    • Beijing Yinhua
    • Concept Laser

TechNavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the printer market:

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

TechNavio Research
Jes Ellacott
US: +1-630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com

Release Summary

TechNavio has announced the publication of its market research report on the Global Rapid Prototyping Equipment Market, which is expected to grow at a CAGR of 26.07 percent from 2014-2019.

Contacts

TechNavio Research
Jes Ellacott
US: +1-630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com