July 03, 2018
WELLESLEY, Mass., July 03, 2018 – Although revenues are expected to develop at a slower pace due to ongoing price pressures, steady growth in sales volume will propel the market for advanced sintering technologies (AST) equipment forward, according to a new report Global Markets for Spark Plasma Sintering and Other Advanced Sintering Technologies.
With a forecasted compound annual growth rate (CAGR) of 6.6% from 2017 through 2022, the total market for AST equipment is expected to reach global revenues of nearly $1.3 billion by 2022.
The increasing popularity of 3D printed devices, higher penetration in the medical, electronics, optoelectronics and energy sectors, the need for sintering processes that allow for fast firing, and the rapidly rising levels of related R&D activities are all noted as factors impacting growth in the recent BCC Research report.
“There is a trend toward the utilization of fabrication processes that are simpler, more efficient, higher-throughput and less energy intensive, and also have a smaller carbon footprint,” said Margareth Gagliardi, report author and BCC Research analyst. “Advanced sintering technologies are designed to be fast, use less or no combustible and operate at lower temperatures than conventional sintering. Over the longer term, these factors will positively affect growth of the AST equipment market.”
Selective Laser Sintering Systems for 3D Printing
Some of the most advanced sintering technologies, such as laser and photonic sintering, have been introduced to satisfy the needs of the 3D printing industry. Selective laser sintering is considered a 3D printing technology with high flexibility in terms of shapes and sizes that can be fabricated. Patents related to selective laser sintering represent the largest group of the main process types, representing 57.9% of the total.
Editors/reporters requesting analyst interviews should contact Eric Surber at firstname.lastname@example.org.
Global Markets for Spark Plasma Sintering and Other Advanced Sintering Technologies( AVM146A )
Publish Date: May 2018
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email email@example.com or visit www.bccresearch.com/media to request access to our library of market research.