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(IT-NEWSWIRE.COM, September 04, 2019 ) Market Overview 3D printing or additive manufacturing is a process of making three dimensional solid objects from a digital file. The creation of a 3D printed object is achieved using additive processes. In an additive process, an object is created by laying down successive layers of material until the object is created. 3D printing enables companies to produce complex (functional) shapes using less material than traditional manufacturing methods. For electronics manufacturers, 3D printing technology holds considerable potential, as speeding time to market can help the industry keep pace with ever-shortening product life cycles for electronics consumers, the ease with which the technology can be used to generate varied product designs holds great potential for creating customized forms and features. Market Dynamics The electronics industry has been among the early adopters of 3D printing. Electronics Industry has been using the 3D printing technology to manufacture external cases for electronic devices. Increasingly, however, attention is turning to the creation of materials and processes to build parts internal circuitry. Additive manufacturing or 3D printing holds the potential to disrupt much of the electronics supply chain, from product design, Rapid prototyping to materials, supplier sourcing, manufacturing, inventory, distribution, and aftermarket service. At the manufacturing stage, 3D Rapid prototyping eliminates the need for tooling and molds, allowing for fast, cost-effective manufacturing of smaller lots and greater product customization in the Electronics Industry. Market Segmentation 3D Printed Electronics Market is segmented by Product Type, application and End-User. By product type, the market is segmented into Antennas, Sensors, Heaters, PCB, and Others. 3D printing technology is increasingly being used for electronic devices that require increasingly sophisticated features and rely on printed circuit boards (PCBs). Thus, PCBs are expected to be the fastest growing segment. By application, 3D Printed Electronics Market is segmented into Production Line and Rapid Prototyping. 3D printers can be used to manufacture spare parts for machines and equipment used on the production line. 3D printing provides Rapid prototyping time reduction of about 63% on average. Rapid prototyping and quick modifying of the projects are some of the main advantages of using 3D printing in the electronics industry in the stage of creating a project. Rapid prototyping segment accounted for a major share of the market and also expected to be the fastest growing. By End-User, the market is segmented into Aerospace and Defense, Consumer Electronics, Medical, Telecom, and Others such as Education &Research, Energy and Utility, Automotive. Aerospace and Defense segment accounted for significant share of the market due to the massive interest by US government in 3D-printing technology, especially for air-force applications. In 2017, The Air Force Research Laboratory (AFRL) and American Semiconductor collaborated to create a new 3D printed silicon chip. Geographical Analysis By region, 3D Printed Electronics Market is segmented into North America, South America, Asia-pacific, Europe, Rest of the world.
Company profiles Some of the key players in the 3D Printed Electronics Market are Nano Dimension, Optomec, Inc., Zortrax, NCC Nano, LLC, Others
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Sai Kiran
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Source: EmailWire.Com
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