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Market Size in USD Billion
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USD 2.57 Billion |
| USD 12.43 Billion | |
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Global Industrial 3D Printing Market, By Offering (Printers, Materials, Software, Services), Technology (Stereolithography, Fused Deposition Modelling, Selective Laser Sintering, Direct Metal Laser Sintering, Polyjet Printing, Inkjet Printing, Electron Beam Melting, Laser Metal Deposition, Digital Light Projection, Laminated Object Manufacturing, Others), Process (Binder Jetting, Direct Energy Deposition (DED), Material Extrusion, Material Jetting, Powder Bed Fusion, Sheet Lamination, VAT Photopolymerization, Others), Application (Prototyping, Manufacturing), End User (Automotive, Aerospace and Defense, Food and Culinary, Printed Electronics, Foundry and Forging, Healthcare, Jewelry, Oil and Gas, Consumer Goods, Others) – Industry Trends and Forecast to 2030.
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The considerable demand for online 3D printing is expected to influence the growth of industrial 3D printing market over the forecast period of 2023 to 2030. Also the ease in development of customized products and rise in the demand for 3D printing software to produce industry-grade parts are also anticipated to flourish the growth of the industrial 3D printing market. Furthermore, the rise in the focus on high-volume production using 3D printing and high investments in 3D printing by start-up companies are also likely to positively impact the growth of the market. Moreover, the high spending on R&D and rise in the authoritarian support from the government are also expected create a huge demand for industrial 3D printing as well as lifting the growth of the industrial 3D printing market.
Data Bridge Market Research analyses that the global industrial 3D printing market which was USD 2.57 billion in 2022, is expected to reach USD 12.43 billion by 2030, and is expected to undergo a CAGR of 18.6% during the forecast period of 2023 to 2030. “Printers’ is dominating the offering segment due to high adoption of 3D printing in industries such as automotive and aerospace.
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.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable Years 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Pricing in USD
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Segments Covered
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Offering (Printers, Materials, Software, Services), Technology (Stereolithography, Fused Deposition Modelling, Selective Laser Sintering, Direct Metal Laser Sintering, Polyjet Printing, Inkjet Printing, Electron Beam Melting, Laser Metal Deposition, Digital Light Projection, Laminated Object Manufacturing, Others), Process (Binder Jetting, Direct Energy Deposition (DED), Material Extrusion, Material Jetting, Powder Bed Fusion, Sheet Lamination, VAT Photopolymerization, Others), Application (Prototyping, Manufacturing), End User (Automotive, Aerospace and Defense, Food and Culinary, Printed Electronics, Foundry and Forging, Healthcare, Jewelry, Oil and Gas, Consumer Goods, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa
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Market Players Covered
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Stratasys, Ltd. (U.S.), 3D Systems, Inc. (U.S.), Materialise (Belgium), EOS (Germany), GE Additive (U.S.), ExOne (U.S.), voxeljet AG (Germany), SLM Solutions (Germany), ENVISIONTEC, INC. (U.S.), HP Development Company, L.P. (U.S.), Optomec, Inc. (U.S.), Renishaw plc (U.K.), Höganäs AB (Sweden), DSM (Netherlands), Proto Labs (U.S.), Sculpteo (France), Tiertime (China), Evolve Additive Solutions (U.S.), Sisma SpA (Italy), Desktop Metal, Inc. (U.S.)
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Market Opportunities
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Market Definition
The industrial 3D printing is usually used for creating architectural models for machinery, tooling and repairing heavy equipment and robotics in the industries. The 3D printing technology empowers the various end users industries such as electrical, aerospace and defense, food and beverage, jewelry and healthcare to scale model rapidly and economically.
Driver
Industrial 3D printing market is projected to witness a significant expansion in the coming years, due to the rising demand for online 3D printing services. Online 3D printing platforms offer various advantages, such as convenience, customization, and cost-effectiveness, to the customers. Moreover, this also enables faster delivery, reduced waste, and enhanced quality of the products. Therefore, the increasing adoption of online 3D printing is expected to boost the growth of industrial 3D printing market in the near future.
Opportunity
Industrial 3D printing, also known as additive manufacturing, is a process of creating three-dimensional objects from digital models by depositing successive layers of material. This technology has been widely adopted in various sectors, such as aerospace, automotive, medical, and consumer goods, for producing complex and customized parts. The introduction of digital or smart manufacturing is expected to influence the growth of industrial 3D printing market, as it enables the integration of 3D printing with other technologies, such as artificial intelligence, cloud computing, and robotics. Digital or smart manufacturing can enhance the efficiency, quality, and flexibility of 3D printing processes, as well as reduce the costs and environmental impacts.
Restraint/Challenge
One of the main challenges that industrial 3D printing faces is the high cost involved in the process. The materials, equipment, and maintenance required for 3D printing are often expensive and can limit the adoption of this technology in various industries. Therefore, reducing the cost of 3D printing is the only way to tackle this challenge.
This industrial 3D printing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global industrial 3D printing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
Industrial 3D printing market is segmented on the basis of offering, technology, process, application and end user. The growth amongst these segments will help you analyze 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.
Offering
Technology
Process
Application
End User
Industrial 3D printing market is analyzed and market size, volume information is provided by country, offering, technology, process, application and end user as referenced above.
The countries covered in the industrial 3D printing market report are U.S., Canada and Mexico in North America, Brazil, Argentina and rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, 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).
North America is expected to dominate the industrial 3D printing market due to the rapid technological development. Asia-Pacific is expected to expand at a significant growth rate of over the forecast period of 2021 to 2028 due to the increase in spending by the government on the expansion of industrial 3D printing technology and the rise in the sale of professional printers.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and porter's five forces analysis, 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 the 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.
Industrial 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, regional presence, 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 industrial 3D printing market.
Some of the major players operating in the industrial 3D printing market are:
SKU-
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Industrial 3d Printing Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Industrial 3d Printing Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
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.
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.