3D Printing Market: By Offering, By Material, Fused Deposition Modeling, Selective Laser Sintering, Direct Metal Laser Sintering, PolyJet/MultiJet Printing, Inkjet Printing, Electron Beam Melting, Laser Metal Deposition, Direct Light Projection, Laminated Object Manufacturing and Other Technologies), By Process, By Application, By End User, and Geography
3D Printing Market size was valued at US$ 33.6 billion in 2023 and is poised to grow at a significant CAGR of 21.3% from 2024-2030. Due to the increased usage of 3D printers have great capability of printing from normal doll models to complex geometric models. These are utilized to develop 3D models allowing for a quick and accurate way that enables manufacturers to increase the efficiency and cost-effectiveness of the manufacturing processes and increasing technological advancement boosts the growth of the market. However, the high cost of complex 3D printing devices and the lack of trained professionals to operate the 3D printing devices are the major factors that hinder the growth of the market.
This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the global market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed the global 3D printing market to better equip clients with possible investment opportunities across the regions (regional Investment hot spots) and market unmet needs (Product opportunities).
Study Period
2024-2030Base Year
2023CAGR
21.3%Largest Market
Asia-PacificFastest Growing Market
North-America
3D Printers are used by various industries such as automobile, aerospace, medical and others to implement idea and to develop significant designs as per the consumer requirements before manufacturing the final product. Additionally, in automobile and aerospace sectors rise in the utility of 3D printers to build prototype to functional part to reduce the manufacturing time and increase the quality & efficiency of the particular part. In healthcare and medical sector rise the usage of the 3D printing to construct bio printing and prosthetics.
North America accounted for a larger revenue share in the global 3D printing market with considerable CAGR. The growth in this region can be attributed to rising in awareness to reduce the manufacturing cost in the consumers and in this region is supported by high expenses for continuous evaluation and new technology investigation.
European market dominates by advanced constructions and manufacturing systems. In the Asia region, 3D printing is largely driven by urbanizations, and skilled manpower, an increase in disposable incomes, a rising occurrence of saving energy, and increasing government emphasis on developments in the region.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 33.6 billion |
|
Market CAGR |
21.3% |
|
By Offering |
|
|
By Technology |
|
|
By Application |
|
|
By End User |
|
Download Free Sample Report
3d printing market size was valued at US$ 33.6 billion in 2023 and is expected to grow at a 21.3% CAGR from 2024 to 2030.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
The major key players in the market are 3D Systems, Arcam AB, Autodesk, Inc., Stratasys Ltd, The ExOne Company, Hoganas AB, Optomec, Inc., Organovo Holdings, Inc., Ponoko Limited, Voxeljet AG, EOS GmbH, Sisma S.P.A., Hewlett Packard Inc
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.
Download Free Sample
