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SLS Equipment Market Expected to Reach 947.4 Million USD by 2023

Selective Laser Sintering Equipment Market research report categorizes global market by Material (Metal, and Nylon), Application (Tooling, heavy equipment & machinery, and Robotics), Industry (Consumer Goods, Automotive, Medical Devices), Laser Type, and Geography.

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SLS Equipment Market Expected to Reach 947.4 Million USD by 2023

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  1. MarketsandMarkets Presents The SLS Equipment Market is estimated at USD 339.5 million in 2018 and is projected to reach USD 947.4 million by 2023, for both equipment and material, growing at a CAGR of 22.8% from 2018 to 2023, whereas the market for equipment, inclusive of SLS and DMLS, is projected to grow at a CAGR of 27.5% during the forecast period. The market is growing due to the increasing demand for SLSL equipment in end-user industries, such as consumer goods, automotive, aerospace & aeronautics, machinery and equipment, healthcare and medical devices, and art and fashion, in which SLS equipment is used for creating prototypes.

  2. MarketsandMarkets Presents Nylon-based SLS Equipment dominated the overall SLS Equipment Market in 2017 Among different material-based SLS equipment, nylon held the largest share of the overall SLS Equipment Market in 2017; whereas metal- based SLS equipment is expected to exhibit the fastest growth during the forecast period. Nylon-based SLS equipment is extensively used across consumer goods and automotive industries, which is responsible for its largest market size in 2017. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=2785 3684

  3. MarketsandMarkets Presents SLS Equipment Market for Robotics Application to grow at highest CAGR during forecast period Until recently, robot makers have been constrained to use existing off- the-shelf parts. With the introduction of SLS printing, they can now design and print their own parts using affordable and free designing tools, as well as cost-effective SLS 3D equipment. The adoption of SLS equipment will continue to grow, and greater acceleration in robot building with SLS 3D equipment can be expected as it minimizes the costs of prototypes, and in many cases, final parts. Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=27 853684

  4. MarketsandMarkets Presents SLS Equipment Market in APAC to grow at highest CAGR during forecast period The SLS Equipment Market in APAC is expected to grow at the highest CAGR during the forecast period driven by the increasing adoption of SLS equipment in several verticals, such as consumer goods, aerospace, automotive, healthcare, and jewelry. The rising adoption of SLS equipment and materials would further boost the penetration of SLS equipment across APAC. The major contributors to the market in APAC are Japan and China. China has a huge potential in terms of SLS 3D printing applications and is also the fastest-growing market in APAC. However, North America held the largest share of the SLS Equipment Market in 2017 owing to the technological advancements and growing adoption of technology in a vast range of industries in this region.

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

  6. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

  7. MarketsandMarkets Presents Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/selective-laser- sintering-equipment.asp

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