Electronics Intelligence

  Desktop 3D Printing Industry Overview The global desktop 3D printing market size has reached USD 2.23 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 21.0% from 2022 to 2030. The emerging applications of additive manufacturing, as well as the increasing need for rapid prototyping and advanced manufacturing in several verticals, are driving the expansion of desktop 3D printers worldwide. Market expansion is anticipated to be hampered by material limits, machinery limitations, and intellectual property concerns. Increased demand for rapid prototyping has allowed manufacturers to design and build efficient products and systems. These factors are expected to collectively drive the market during the projected period. Gather more insights about the market drivers, restrains and growth of the Global Desktop 3D Printing market   Furthermore, the simplicity of production and additional benefits provided by 3D printing technology are vital driv...

  Europe Electric Forklift Industry Overview The Europe electric forklift market size was valued at USD 15.30 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 13.0% from 2022 to 2030. Increasing demand for electric forklifts from the chemical, food & beverage, and logistics sectors for material handling operations is expected to fuel the growth. Stringent government regulations for curbing GHG emissions from ICE forklifts are driving the demand for electric power forklifts from the industrial and construction sectors. This is expected to positively impact the target market growth. Lift trucks help retailers store and distribute products in huge volumes, allowing them to gain a competitive advantage in their respective sectors. Thus, growing demand from several end-use industries is anticipated to drive market growth. The COVID-19 outbreak caused a slight slump in the industry’s growth. The government implemented a strict lockdown in the cou...