Latin America Industrial 3D Printing Market - Industry Analysis and Forecast (2017-2024) by Offering (Materials, Printers, Software, and Services), by Application (Robotics, Tooling, and Heavy Equipment & Machinery), by Process (Material Extrusion, Binder Jetting, Material Jetting, Direct Energy Deposition, Sheet Lamination, Vat Photopolymerization, and Powder Bed Fusion), by Technology (Fused Deposition Modelling (FDM), Direct Metal Laser Sintering (DMLS), Stereolithography (SLA), Selective Laser Sintering (SLS), Electron Beam Melting (EBM), Polyjet Printing, Laser Metal Deposition (LMD), Inkjet Printing, Laminated Object Manufacturing (LOM), and Digital Light Processing (DLP)), by Industry (Aerospace & Defense, Printed Electronics, Automotive, Food & Culinary, Healthcare, Jewelry, and Foundry & Forging), and by Geography (Brazil, Mexico. Others)
Additive manufacturing or industrial 3D printing is a relatively new fabrication technique which involves manufacturing of products created layer-by-layer rather than through traditional manufacturing. The laser being used is normally guided by computer that are based on the CAD geometry of the chosen product as defined by the engineer, and then goes on to solidifying areas of the present melted material.
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Latin America Industrial 3D Printing Market is expected to grow from USD XX Billion in 2016 to USD XX Billion by 2024, at a CAGR of XX% between 2017 and 2024.
Report includes assessment of market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the offering, process, technology, industry, application, and geography to assist in strategic business planning.
The manufacturing industry present in Mexico also owes its success to the favourable trade agreements making the country a global contender for import and export business. A major benefit of making products one layer at a time is the lower production of waste. Instead of taking materials and then edging them down to proper shapes, the innovative Mexican manufacturers are focusing on using exactly what is required during production..
The authentication and access management segment is expected to witness huge market growth and a large market share:
Industrial 3D printing market for materials anticipated to account for the larger share of the overall industrial 3D printing market during forecast period. The rising needs of end-use industry and emerging application areas for 3D materials would further contribute to growth of industrial 3D printing market
Brazil held one of the largest share of the market during the forecast period:
Availability of cheap labor along with growth in foreign investments or the young and talented workforce present in this region offers optimal and cost-efficient labor thereby driving its overall growth.
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