DUBLIN, Aug. 21, 2024 (GLOBE NEWSWIRE) — The “Global Market for 3D Printing” report ResearchAndMarkets.com Provided.
The global 3D printing market is expected to grow from $18 billion in 2024 to $29.4 billion by 2029, at a compound annual growth rate (CAGR) of 10.2%.
As 3D printing becomes more widespread and investment in machines and materials grows, companies are leveraging the technology to transform industries such as medical, aerospace and defense, and automotive. For example, in-house 3D printing is enabling medical device developers to reduce costs and time to market, enabling agile product development and novel end-use part development.
The 3D printing market is experiencing significant growth due to technological advancements, increasing demand for personalized medical solutions, and adoption of innovative manufacturing methods across sectors.
Technological advances and applications
3D printing is the foundation of Industry 4.0, which encompasses digital transformation and advanced manufacturing. In line with the smart factory concept, it enables on-demand customized production with less waste and greater efficiency. The integration of artificial intelligence (AI)-enabled predictive maintenance in additive manufacturing optimizes resource usage and reduces waste, especially in metal 3D printing processes. These combined advancements are set to revolutionize the 3D printing market, unlocking new possibilities in various industries, including medical, aerospace and defense, and automotive.
Technological advancements in 3D printing are rapidly expanding its capabilities and applications across a variety of industries. The development of new industrial-grade materials, such as high-performance thermoplastics, advanced metal alloys, and specialized photopolymers, are producing more durable and functional end-use parts. This has enabled 3D printing to move from basic prototyping to practical manufacturing in the aerospace, automotive, and healthcare industries.
The applications of 3D printing continue to diversify, with major developments in the medical, aerospace, and construction sectors. In the medical sector, 3D printing is being used to create personalized medical devices and surgical models, with potential applications in organ and tissue printing. The aerospace industry is leveraging additive manufacturing to produce complex, lightweight parts that enhance aircraft performance and fuel efficiency. In the construction sector, 3D printing is revolutionizing home construction, offering the potential for faster construction times, less waste, and more affordable housing solutions. New applications such as underwater 3D printing for marine construction and repairs and microfluidic 3D printing to create small devices further demonstrate the versatility of the technology and its potential for innovation across sectors.
Report Scope
This report provides an overview of the global 3D printing market and analyzes market trends. It includes an up-to-date review of industry segments for product segments, technologies, applications, printer types, and end-uses of the 3D printing market. Taking 2023 as the base year, the report provides estimates of market data from 2024 to 2029.
The report analyzes the global market revenue (in million USD) with respect to product segment, technology, application, printer type, end-use industry, and geographic region. The report also focuses on the emerging technologies and vendor landscape. Finally, it profiles the key players in the market.
Contents of the report
- 70 data tables and 68 additional tables
- Analysis of the current and future global market for 3D printing
- Analysis of global market trends, including market revenue data for 2023, estimates for 2024, forecasts for 2025 and 2026, and projected CAGR through 2029
- Global 3D printing market size and revenue forecast estimation, market share analysis by product segment, printer type, technology, application, end-use industry, and region
- Discussion of market trends, opportunities, challenges and emerging technologies
- Overview of sustainability trends and ESG developments in the industry, with emphasis on ESG practices of leading companies, ESG scores and consumer attitudes.
- Competitive intelligence such as company market share, recent M&A activity, venture funding, etc.
- Profiles of major companies including 3D Systems Corp., EOS, Stratasys Ltd., Materialise and Desktop Metal Inc.
Key attributes:
| Report Attributes | detail |
| Number of pages | 176 |
| Forecast Period | 2024 – 2029 |
| Estimated market value in 2024 (USD) | $18 billion |
| Market value forecast to 2029 (USD) | $29.4 billion |
| Compound Annual Growth Rate | 10.2% |
| Target area | global |
Key topics:
Chapter 1: Overview
Chapter 2 Market Overview
- Current Market Scenario
- Macroeconomic Factor Analysis
- Additive manufacturing returns to Japan
- the impact of inflation and rising operating costs;
- High Interest Rates and Credit Constraints
- Geopolitical tensions and supply chain constraints
- Porter’s Five Forces Analysis
- Case Study
- Market Regulation
- Regulatory Bodies, Standards Bodies and Government Agencies for 3D Printing
- Value Chain Analysis
- Research and Development (R&D)
- Product Design
- Regulatory Approvals and Compliance Checks
- Manufacturing
- Post-processing
- Commercialization
Chapter 3 Market Dynamics
- Market Drivers
- The Limitations of Traditional Manufacturing and the Potential of Additive Manufacturing
- Expanding Use of 3D Printing in Healthcare and Aerospace
- Market Constraints
- Risk of intellectual property theft
- The Energy Inefficiency of Industrial 3D Printing
- Market Opportunity
- The rise of 3D printed electronics
- Use of 3D printing in home construction and underwater printing
- New uses for blockchain technology in 3D printing
Chapter 4: Emerging technologies and developments
- Additive manufacturing as a pillar of Industry 4.0
- Microfluidic 3D Printing
- AI-Powered Predictive Maintenance for 3D Printing
- Patent Analysis
- Yearly Patent Review
- Latest Patents
Chapter 5. Market Segmentation Analysis
- Market Breakdown by Product Segment
- Software and Services
- Hardware and Consumables
- Market Breakdown by Technology
- Material Extrusion
- Powder Bed Fusion
- Vat Polymerization
- Material Jetting
- Binder Jetting
- Direct Energy Storage
- Market Breakdown by Printer Type
- Commercial/Industrial Printers
- Desktop/Consumer Printers
- Market Breakdown by Application
- Prototyping
- Touring
- Manufacturing of the final product
- Market Breakdown by End Use Industry
- Medical and dental
- Aerospace and Defense
- Automotive & Transportation
- Electronics and Consumer Goods
Chapter 6 Competitive Information
- Market ranking of major players
- Stratasys Inc.
- 3D Systems Inc.
- Materialise NV
- EOS Corporation
- Desktop Metal Co., Ltd.
Chapter 7. Sustainability in the 3D Printing Industry: An ESG Perspective
Company Profile
- 3D Systems
- Autodesk
- carbon
- Desktop Metal
- EOS
- FabRx Inc.
- Form Labs
- GE Aerospace
- HP Corporation
- Mark Forged Holdings
- Make it happen
- Nano Dimension
- Nikon SLM Solutions
- Prodways Group
- Protolab Co., Ltd.
- Regenf
- Renishaw.
- Stratasys Inc.
- Ultimaker
- Voxel Jet
For more information on this report, please visit: https://www.researchandmarkets.com/r/rc824v
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