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05.06.2017 23:46:00

Global 3D Printing in Low-Cost Satellite Market 2017-2021

NEW YORK, June 5, 2017 /PRNewswire/ -- About 3D Printing in Low Cost Satellite

3D printing involves the synthesis through the addition of successive layers of materials with the support of computerized control technology to design an object or component. This process allows manufacturers to produce small and micro-components of various shapes and size. It also allows the reduction of the overall weight of components, thus substantially reducing the overall weight of a satellite system. The use of 3D printing in the manufacturing of low-cost satellites can ensure a reduction in manufacturing time, overall cost association, and wastage of materials. Therefore, the adoption of 3D printing in the satellite sector is anticipated to reflect long-term sustainability while ensuring enhancement in the overall performance of a low-cost satellite.

Read the full report: http://www.reportlinker.com/p04933682/Global-3D-Printing-in-Low-Cost-Satellite-Market.html

Technavio's analysts forecast the global 3D printing in low cost satellite market to grow at a CAGR of 55.71% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global 3D printing in low cost satellite market for 2017-2021. To calculate the market size, the report considers the new installations.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global 3D Printing in Low Cost Satellite Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Airbus
• Boeing
• Lockheed Martin
• Stratasys

Other prominent vendors
• Aerojet Rocketdyne
• ExOne

Market driver
• Rise in CubeSat development and deployment
• For a full, detailed list, view our report

Market challenge
• Limited economies of scale
• For a full, detailed list, view our report

Market trend
• Economically viable space travel
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Read the full report: http://www.reportlinker.com/p04933682/Global-3D-Printing-in-Low-Cost-Satellite-Market.html

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

http://www.reportlinker.com

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-3d-printing-in-low-cost-satellite-market-2017-2021-300468991.html

SOURCE Reportlinker

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