3D Printing

3D Printing Market by Printer Type (Desktop 3D Printer, Industrial 3D Printer), Technology (Digital Light Processing, Direct Metal Laser Sintering, Electron Beam Melting), Material, Component, Vertical - Global Forecast 2024-2030

SKU
MRR-434CCDA04FEE
Region
Global
Publication Date
February 2024
Delivery
Immediate
2023
USD 24.46 billion
2030
USD 78.87 billion
2024
USD 28.89 billion
CAGR
18.20%
360iResearch Analyst
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[195 Pages Report] The 3D Printing Market size was estimated at USD 24.46 billion in 2023 and expected to reach USD 28.89 billion in 2024, at a CAGR 18.20% to reach USD 78.87 billion by 2030.

3D Printing Market
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3D printing is a process of designing 3D objects from a digital file. It involves adding material layer by layer to form a physical object. This technology is employed across various industries, including aerospace, healthcare, automotive, and consumer goods, to create prototypes, tools, and end-use products. The rising demand for customized products, the need for efficient manufacturing processes, technological advancements in 3D printers, and growing applications across different industries are significant driving factors. Additionally, the ability to reduce waste and the advantage of building complex geometries that are impossible with traditional manufacturing techniques further propel the demand. However, high costs associated with 3D printing, including those for materials and machinery, act as restraints. Technical challenges include limited material availability, the need for skilled labor, and difficulties achieving certain tolerances and surface finishes. There are also logistical challenges related to the supply chain and operational challenges tied to scaling up production. Opportunities include technological innovations, the expansion into emerging markets, the increasing adoption in the healthcare sector for prosthetics and implants, and the customization potential in consumer products. Moreover, the push for sustainable manufacturing practices provides a unique opportunity for 3D printing to be at the forefront of environmentally friendly production techniques.
3D Printing Market - Global Forecast 2024-2030
To learn more about this report, request a free PDF copy
FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the 3D Printing Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the 3D Printing Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the 3D Printing Market, highlighting leading vendors and their innovative profiles. These include 3D Systems, Inc., Arc Wireless Solutions, Inc., Beijing Tiertime Technology Co., Ltd., Carbon, Inc., Desktop Metal, Inc., EOS GmbH, GE Additive, Hewlett-Packard Development Company, L.P., Höganäs AB, Koninklijke Philips N.V., Materialise NV, Optomec Inc., Stratasys, Ltd., taulman3D, LLC, and The ExOne Company.

Market Segmentation & Coverage

This research report categorizes the 3D Printing Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Printer Type
    • Desktop 3D Printer
    • Industrial 3D Printer
  • Technology
    • Digital Light Processing
    • Direct Metal Laser Sintering
    • Electron Beam Melting
    • Fused Deposition Modeling
    • Inkjet printing
    • Laminated Object Manufacturing
    • Laser Metal Deposition
    • Polyjet Printing
    • Selective Laser Sintering
    • Stereolithography
  • Material
    • Ceramic
    • Metal
    • Polymer
  • Component
    • Hardware
    • Services
    • Software
  • Vertical
    • Desktop 3D Printing
      • Dental
      • Educational Purpose
      • Fashion & Jewelry
      • Food
      • Objects
    • Industrial 3D Printing
      • Aerospace & Defense
      • Automotive
      • Consumer Electronics
      • Healthcare
      • Industrial
      • Power & Energy

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the 3D Printing Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the 3D Printing Market?
  3. What are the technology trends and regulatory frameworks in the 3D Printing Market?
  4. What is the market share of the leading vendors in the 3D Printing Market?
  5. Which modes and strategic moves are suitable for entering the 3D Printing Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. 3D Printing Market, by Printer Type
  7. 3D Printing Market, by Technology
  8. 3D Printing Market, by Material
  9. 3D Printing Market, by Component
  10. 3D Printing Market, by Vertical
  11. Americas 3D Printing Market
  12. Asia-Pacific 3D Printing Market
  13. Europe, Middle East & Africa 3D Printing Market
  14. Competitive Landscape
  15. Competitive Portfolio
  16. List of Figures [Total: 26]
  17. List of Tables [Total: 666]
  18. List of Companies Mentioned [Total: 15]
3D Printing: A Revolutionary Technology with Infinite Possibilities
January 7, 2024
BLOG
3D Printing: A Revolutionary Technology with Infinite Possibilities
In today's fast-paced world, technological advancements are practically a daily occurrence. One such innovation that has emerged as a game-changer in recent times is 3D printing. The technology has been around for over three decades but has gained substantial traction recently with increasing deployment to various industry verticals.

3D Printing - The Basics

3D printing, an additive manufacturing process, produces three-dimensional objects from a digital file by building the object layer by layer. This technology utilizes a range of materials, including plastic, metal, and even food. Despite its inception in the 1980s, 3D printing has gained substantial momentum only in recent times.

Applications in Various Industry Verticals:

3D printing has disrupted several industry verticals, enabling innovation and creativity like never before. It has revolutionized the manufacturing and healthcare industries with endless architectural, fashion, and culinary arts possibilities. From customized prosthetics to jewelry, 3D printing has expanded possibilities immensely.

Economical and Environmentally Sustainable:

One of the most significant advantages of 3D printing is its economic viability and sustainability. Unlike traditional manufacturing methods involving material wastage, 3D printing uses only the exact amount required, reducing production costs and minimizing waste. Moreover, 3D printing eliminates the need for expensive tooling equipment, making it more feasible for small businesses and startups to develop prototypes and products.

Future Scenario of 3D Printing:

The potential of 3D printing seems limitless, and the industry is poised for significant growth. Advances in technology will enable faster and more efficient printing, and the range of materials used will increase. As the technology becomes more accessible economically, we can expect wider applications in fields such as automotive, aerospace, and construction. The possibilities in healthcare are also enormous, with 3D printed organs and medical implants. The future of 3D printing seems bright.

As we have seen, 3D printing is a revolutionary technology with immense potential to transform traditional manufacturing and create infinite possibilities. The technology's economic viability, sustainability, and ease of use make it accessible to smaller businesses, enabling them to innovate and experiment with new ideas. With 3D printing gaining traction in various industry verticals, we can expect a brighter future with exciting technological advancements on the horizon. 3D printing is no longer a fad but a force that will drive innovation and shape the future of manufacturing.

Frequently Asked Questions
  1. How big is the 3D Printing Market?
    Ans. The Global 3D Printing Market size was estimated at USD 24.46 billion in 2023 and expected to reach USD 28.89 billion in 2024.
  2. What is the 3D Printing Market growth?
    Ans. The Global 3D Printing Market to grow USD 78.87 billion by 2030, at a CAGR of 18.20%
  3. When do I get the report?
    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
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