The global slicing software market is predicted to reach a value of $2,202.5 million by 2030, rising from $422.2 million in 2019, progressing at a 16.7% CAGR during the forecast period (2020–2030), as per a report by PS Intelligence. The primary factors leading to the growth of the market are the requirement for enhanced manufacturing speed, need for integrated slicing software, and increasing utilization of 3D printing in aerospace, healthcare, jewelry, automotive, and several other industries around the world.
Based on application, the market is categorized into tooling, prototyping, and functional part manufacturing, out of which, the prototyping application held the major share of the market in 2019. The category is further expected to advance at the fastest pace during the forecast period, owing to the increasing use of 3D printing for swift prototyping. This enables designers to generate a number of design iterations rapidly and change the design of the product according to the requirements of customers.
When industry is taken into consideration, the slicing software market is divided into automotive, aerospace defense, jewelry, education, healthcare, architecture construction, and consumer products. Among all these, the healthcare industry is expected to register the highest CAGR during the forecast period, owing to the high adoption of the 3D printing technology for designing medical products and surgical equipment. The increasing inclination towards acquisition of 3D printing material providers by market players is also leading to the growth of the category.
Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/slicing-software-market-outlook/report-sample
This market research report provides a comprehensive overview of the slicing software market
- Historical and the present size of the slicing software market
- Future potential of the market through its forecast for the period 2020– 2030
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
