| |September 20205Since the advent of additive manufacturing, the manufacturers have been witnessing a sweeping change in terms of ease of production, efficiency, and cost of production. Owing to the primary benefit of 3D printing which is reduction of the wastage of material, manufacturers are now readily adopting it in their manufacturing process. According to a report by Mordor Intelligence, the 3D printing market is expected to become worth USD 63.46 billion by 2025, growing at a CAGR of 29.48 percent by 2025. As per the online manufacturing service provider 3D Hubs, there are three times more professionals using 3D printing today than three years ago. A study done by EY in 2019 says that out of the 900 companies surveyed, 65 percent were already using 3D printing and 18 percent were considering it for their applications in the near future. Although these figures are for the global market and adoption in Indian market is comparatively lesser, the trend moving forward is certainly upbeat with regard to incorporating the technology in the manufacturing sector. If we look at the overall adoption categorically, metal additive manufacturing has been witnessing a comparably higher growth against other segments. The consumer sector on the other hand is lacking lustre, with demand not meeting expectations, especially for small desktop 3D printers. In terms of market players, 3D printer manufacturers still enjoy the largest market share, followed by online service providers. As technological advancements and product innovations are happening, the use of 3D printing technology is finding more and more applications in a wide variety of areas such as aerospace, medical, automotive etc. To bring this special issue to fruition, we have studied this industry segment in-depth and have come up with the list of 10 Most Promising 3D Printing Companies in India who have excelled in this field with their innovative approach. Having proven their dedication to quality and end-to-end addressal of customer requirements, these companies stand out from the crowd. We look forward to receiving your feedback. Sudhakar SinghEditorsudhakar.singh@theindustryoutlook.comThe Era of Additive Manufacturing Vol 1 · Issue 12 · September, 2020Publisher Alok ChaturvediEditor Sudhakar Singh Editorial Team Janifha Evangeline Samrat Pradhan Hridkamal Roy Teja Boncheruvu Art & Graphics Ashok Kumar Vetrivel S GM Sales & MarketingVirupakshi Pattarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalCover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Mu-rugeshpalya, Bangalore-560017.Editor Alok ChaturvediCopyright © 2020 SiliconMedia Technolo-gies Pvt Ltd, All rights reserved. Repro-duction in whole or part of any text, pho-tography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.
< Page 4 | Page 6 >