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Global 3D Printing Market – Industry Trends and Forecast to 2030

  • Semiconductors and Electronics
  • Upcoming Report
  • Jul 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global 3D Printing Market, Technology (Stereolithography (SLA), Selective Laser Sintering (SLS), Electron Beam Melting (EBM), Fused Deposition Modeling (FDM), Laminated Object Manufacturing (LOM), Others), Application (Consumer Electronics, Industrial, Aerospace, Automotive, Healthcare, Defense, Education and Research, Others) – Industry Trends and Forecast to 2030.

3D Printing Market

3D Printing Market Analysis and Size

3D printing technology has found applications in various industries, including aerospace, automotive, healthcare, consumer products, industrial manufacturing, and architecture. It enables the production of complex geometries, customization, and rapid prototyping, which has revolutionized manufacturing processes.            

Data Bridge Market Research analyses that the 3D Printing Market which was USD 6,400 million in 2022, would rocket up to USD 9,700 million by 2030, and is expected to undergo a CAGR of 15.5% during the forecast period. This indicates that the market value. 3D printers for consumers have become more affordable and accessible. Hobbyists, enthusiasts, and small businesses are using desktop 3D printers to create prototypes, customized products, and various creative projects. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

3D Printing Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Technology (Stereolithography (SLA), Selective Laser Sintering (SLS), Electron Beam Melting (EBM), Fused Deposition Modeling (FDM), Laminated Object Manufacturing (LOM), Others), Application (Consumer Electronics, Industrial, Aerospace, Automotive, Healthcare, Defense, Education and Research, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

ExOne Company (U.S.), Organovo Holdings, Inc.(U.S.), Autodesk, Inc. (U.S.), Arcam AB (Sweden), Optomec, Inc (U.S.), Protolabs (U.S.), Voxelijet AG (Germany), Stratasys Ltd. (Israel), Hoganas AB (Sweden), 3D Systems Corp. (U.S.)

Market Opportunities

  • Growth in customization and personalization
  • Increasing demand for rapid prototyping
  • Rising research and development opportunities

Market Definition

The 3D printing market refers to the industry and market ecosystem centered on the development, production, and sale of 3D printing technologies, materials, and related services. 3D printing, also known as additive manufacturing, is a process of creating three-dimensional objects by sequentially layering or depositing materials based on a digital design or model. The opportunities within the 3D printing market can be defined as the favorable circumstances and potential areas of growth and development that offer advantages to businesses, entrepreneurs, and stakeholders. These opportunities can arise from various factors and trends, including technological advancements, market demand, industry collaborations, regulatory changes, and emerging applications.

Global 3D Printing Market Dynamics

Drivers

  • Increasing demand for supply chain optimization

3D printing has the potential to disrupt traditional supply chains. By allowing localized production, businesses can reduce lead times, inventory costs, and transportation expenses. It offers opportunities for on-demand production, eliminating the need for large-scale manufacturing and storage facilities.

  • Advancements in spare parts manufacturing

The ability to 3D print spare parts on demand can significantly impact industries such as automotive, aerospace, and industrial manufacturing. This reduces the need for extensive inventory and storage of spare parts, making maintenance and repair operations more efficient.

  • Growing product innovation and design freedom

3D printing allows designers and engineers to push the boundaries of product innovation. It offers design freedom, enabling the creation of intricate shapes, internal structures, and integrated functionalities. This encourages creativity and facilitates the development of novel products and solutions.  

Opportunities

The global 3D Printing Market is poised with significant opportunities for growth and expansion. One of the key opportunities is that 3D printing has become an essential tool in education and research. It provides hands-on learning experiences, facilitates rapid prototyping of scientific models and experiments, and encourages innovation and problem-solving skills among students. This presents opportunities for educational institutions and research organizations. 

Restraints/Challenges

Implementing 3D printing technology often requires a significant upfront investment in printers, materials, software, and skilled personnel. This can be a barrier for small and medium-sized businesses (SMBs) and startups, limiting their ability to enter the market.

Although the range of available materials for 3D printing has expanded over the years, it still lags behind the variety offered by traditional manufacturing processes. The limited selection of materials with specific properties and certifications may restrict the suitability of 3D printing for certain applications.

Recent Developments

  • In April 2023, China aims to utilize 3D printing technology for constructing lunar habitats, marking a significant step towards establishing a sustainable human presence on the moon. Through upcoming missions, including Chang'e 6, 7, and 8, China intends to explore and utilize reusable resources for long-term habitation.
  • In March 2023, has unveiled KEWB, a production control software tailored for high-volume manufacturing of printed electronics. With advanced features like operator guidance, vision tools, and industry 4.0 connectivity, KEWB simplifies process integration and operation sequencing, meeting the demands of world-class manufacturers in applications such as multi-chip packaging, 5G antennas, and heterogenous chip integration using Optomec's Aerosol Jet® industrial printers.

Global 3D Printing Market Scope

The 3D Printing Market is segmented on the basis of Spectral range, Application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

By Technology

  • Stereolithography (SLA)
  • Selective laser sintering (SLS)
  • Electron beam melting (EBM)
  • Fused deposition modeling (FDM)
  • Laminated object manufacturing (LOM)
  • Others

By Application

  • Consumer Electronics
  • Industrial
  • Aerospace
  • Automotive
  • Healthcare
  • Defense
  • Education and research
  • Others

3D Printing Market Regional Analysis/Insights

The 3D Printing Market is analysed and market size insights and trends are provided by country, technology, and application, as referenced above.

The countries covered in the 3D Printing Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America is expected to dominate the 3D Printing Market because of its advanced technological infrastructure and high adoption of smart city initiatives, strong presence of major players in the market and rising number of research activities in this region.   

Asia-Pacific is expected to witness significant growth during the forecast period of 2023 to 2030 due to of rapid urbanization, increasing infrastructure development, and the adoption of advanced technologies in countries like China, Japan, and India. Additionally, the region's expanding automotive and consumer electronics industries contribute to the growing demand for 3D Printing solutions. Furthermore, favorable government initiatives and investments in smart city projects further drive market growth in the Asia-Pacific region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and 3D Printing Market Share Analysis

The 3D printing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the 3D printing market.

Some of the major players operating in the 3D printing market are:

  • ExOne Company (U.S.)
  • Organovo Holdings, Inc.(U.S.)
  • Autodesk, Inc. (U.S.)
  • Arcam AB (Sweden)
  • Optomec, Inc (U.S.)
  • Protolabs (U.S.)
  • Voxelijet AG (Germany)
  • Stratasys Ltd. (Isarael)
  • Hoganas AB (Sweden)
  • 3D Systems Corp. (U.S.)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The 3D printing market is known to be worth USD 9,700 million by 2030.
The 3D printing market growth rate is 15.5% by the forecast up to 2030.
The 3D printing market growing due to Increasing demand for supply chain optimization & Advancements in spare parts manufacturing.
Spectral range, Application, and end-user are the factors on which the 3D printing market research is based.
China aims to utilize 3D printing technology for constructing lunar habitats, marking a significant step towards establishing a sustainable human presence on the moon & has unveiled KEWB, a production control software tailored for high-volume manufacturing of printed electronics are the latest developments in the 3D printing market.
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