As per the report published by UnivDatos Market Insights (UMI), the Latin America 3D printing market is anticipated to reach the market valuation of US$ 911.6 Million by 2025 expanding at a considerable CAGR of 12.6% during the forecasted period (2019-2025). Products, materials, services paired with 3D printing technologies and applications are the significant 3D printing technology segments analyzed during the course of the study. The benefits of 3D printing technology can be witnessed among various industrial verticals wherein adoption of additive technology has been the game-changer for end-user industries such as manufacturing and healthcare among others. In 2018, under component product segment dominated the Latin America 3D printing market. The segment is estimated to generate revenue of US$ 160.7 million by 2019. Alternatively, under technology segment, fused deposition modelling is projected to enjoy the rapid expansion throughout the reviewed period, owing to its user-friendly characteristics and familiarity with consumers. Moreover, 3D printing applications as direct manufacturing technologies are further bringing wider disruption. Thus, disruption is constantly occurring as functional parts production is gaining prominence in the Latin America 3D printing technology landscape. Additionally, rapidly expanding manufacturing sector is expected to present sufficient advancement of additive manufacturing.

For country-level analysis of the overall adoption of 3D Printing across different industry browse through:https://univdatos.com/report/latin-america-market-insights-on-3d-printing-insights-and-forecasts-2019-2025

Although 3D printing technology stands at the infancy stage and needs time to reach mass adoption, however, with the combination of several innovative technologies, the technique is expected to display a tremendous potential to radically transform and customize designs and production processes. Dramatic uptake in investments with respect to product and development in 3D solutions, regulatory support and growing manufacturing sector has considerably influenced the growth prospects of 3D printing technology Latin America. Moreover, as the technology has successfully transmitted to the phase of reaching the top of the plateau of productivity, the healthcare sector is rapidly turning itself to 3D technique to design surgical guides, orthopedic device and medical implants. Furthermore, booming concept of dental 3D printing and launch of dental labs has completely revolutionized 3D printing technology in the healthcare sector, in turn displaying promising advancements in medical and dental fields.

For through analysis of the current and ongoing development of 3D Printing technology in the Latin American region browse through https://univdatos.com/report/latin-america-market-insights-on-3d-printing-insights-and-forecasts-2019-2025

Unique variations of 3D printing technology are bifurcated extensively into component, technologies, applications and end-user industries. Determined by component type, the product market is bifurcated into industrial and personal 3D Printers. The industrial 3D printer segment has generated revenue of US$ 105.2 million in 2018. While polymer, plastics, metal and alloys and ceramics are the significant sub-segments of 3D printing material types available in the market. Polymers are anticipated to witness rapid adoption while ceramic material is predicted to witness highest CAGR growth of 14.2% throughout the forecast period. Moreover, custom design & manufacturing dominated the service segment of the 3D printing market in 2018. Additionally, based on technology type, 3D printing is segmented into fused deposition modelling, selective laser sintering, stereolithography, electron beam melting, and laminated object manufacturing technologies. In 2018, fused deposition modelling centered the market with optimum share. Among various 3D applications such as functional parts, fit and assembly, prototype modelling, education, metal casting, visual aids and presentation modelling, functional parts dominated the market with one-third of the market in 2018. Furthermore, manufacturing sector dominated the end-user industry segments of the Latin America 3D printing technology market, with market size of US$ 105.3 million in 2018, followed by healthcare and aerospace & defense sector.

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Additionally, for better investigation and penetration of 3D printing solutions, the report bifurcates the Latin America 3D printing technology market into countries including Brazil, Argentina, Chile and Rest of Latin America. In 2018, Brazil dominated the Latin America 3D printing technology market followed by rest of Latin America. Some of the major companies profiled in the Latin America 3D Printing study include 3D Systems Corporation, Arcam AB, Royal DSM NV, Stratasys Ltd, Autodesk Inc., ExOne Company, Hoganas AB, Organovo Holdings Inc., Mcor Technologies Ltd and Voxeljet AG. These players consistently aim to focus on product development, new product launch and enhance their existing portfolios to expand their customer base and strengthen their market position through partnerships and collaborations which further offers them growth opportunities for geographic expansion.

Latin America 3D Printing Market Segmentation

Market Insight, by Component

Product Component Industrial Printer Desktop Printer Material Component Polymer Plastic Metal & Alloy Ceramic Other Materials Service Component Custom Design and Manufacturing After Sales Services



Market Insights, by Technology

Stereolithography

Selective Laser Sintering

Electron Beam Melting

Fused Deposition Modelling

Laminated object Manufacturing

Other Technologies

Market Insights, by Application

Education/Research

Visual Aids

Presentation Modeling

Fit and Assembly

Prototype Tooling

Metal Casting

Functional Parts Production

Other

Market Insight, by Industrial Vertical

Education/Research

Automotive

Aerospace & Defense

Healthcare

Consumer Goods

Manufacturing

Construction

Other Verticals

Market Insight, by Geography

Latin America 3D Printing Market Brazil 3D Printing Market Argentina 3D Printing Market Chile 3D Printing Market



Top Companies Profiled