Latin America Industrial 3D Printing Market is expected to reach USD XX Billion by 2024 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report).

Additive manufacturing or industrial 3D printing is a relatively new fabrication technique which involves the manufacturing of products created layer-by-layer rather than through traditional manufacturing. The laser being used is normally guided by a computer that is 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. There are numerous 3D printing technologies and materials that are used for printing, but all are usually based on the same principle involving a digital model being turned into a solid 3D physical object through the addition of material layer by layer.



The Latin America market for industrial printing includes segmentation by offering, application, process, technology, industry, and geography. Based on offering the market comprises materials, printers, software, and services. On the basis of process, the market consists of material extrusion, binder jetting, material jetting, direct energy deposition, sheet lamination, vat photopolymerization, and powder bed fusion. Considering the technology segment, the market comprises of 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). Robotics, tooling, and heavy equipment & machinery are the various application areas based on which the global market is segmented for industrial 3D printing. Aerospace & Defense, Printed Electronics, Automotive, Food & Culinary, Healthcare, Jewelry, and Foundry & Forging are the different industry verticals that are considered under the scope of the report.

The basic foundations for the 3D printing revolution are laid in Brazil. It is the medical and dental arena that is seeing some of the latest developments in 3D printing all around the world. This is gaining interest in using the technology within orthodontics is becoming predominantly successful in Brazil. The 3D printing is also used as a means for helping deliver Brazil's huge population that is mostly poverty-stricken from the sprawling shantytowns littering the vast nation. Concepts like WikiHouse is basically an open-source construction kit that permits people to create as well as share designs for properties. It is then being used to print the pieces for a couple of thousand dollars helping transform the slums.

The manufacturing industry present in Mexico also owes its success to the favorable 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.

Latin America has further seen a huge surge across a number of different industry verticals due to the availability of cheap labor along with growth in foreign investments. Young and talented workforce present in this region offers optimal and cost-efficient labor. Presence of this skilled workforce makes the region a feasible option for complicated manufacturing, as well as an early adopter of innovative products and processes such as 3D printing.

This Report Is Submitted By @Maximize Market Research Company

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