According to the report the global 3D printing market reached a value of USD 16.87 billion in 2022. Aided by the rising demand for customisable products and the increasing applications of 3D printing across various industries, the market is projected to further grow at a CAGR of 13.62% between 2023 and 2028 to reach a value of USD 40.04 billion by 2028.
3D printing, also known as additive manufacturing, is a process that creates physical objects from a digital design by depositing material layer by layer. It has revolutionised the manufacturing process by offering rapid prototyping, customisation, and on-demand production. Besides its speed and flexibility, 3D printing also offers waste reduction, making it a more sustainable manufacturing process. The technology finds extensive applications in various industries, including automotive, aerospace, healthcare, and consumer goods.
The burgeoning consumer preference for customised products is driving the global 3D printing market growth. With the evolving customer expectations and growing desire for personalised products, there has been a significant shift towards on-demand production, leading to a surge in demand for 3D printing. Moreover, the trend of Industry 4.0 and the digital transformation of manufacturing processes have further contributed to the popularity of 3D printing.
The diverse applications of 3D printing in various industries also play a significant role in boosting the 3D printing market expansion. In the automotive and aerospace industries, 3D printing is used for rapid prototyping and the production of complex parts, reducing the time and cost associated with traditional manufacturing processes. The healthcare sector leverages 3D printing for the production of custom prosthetics, implants, and medical devices, which has significantly improved patient care. Moreover, the consumer goods industry uses 3D printing for the creation of personalised products, further expanding the scope of the 3D printing market.
Additionally, the growing adoption of 3D printing in the education sector has led to an increased focus on this technology as an essential tool for learning and innovation. With the rising emphasis on STEM education and the increasing popularity of experiential learning, 3D printing has emerged as a crucial component in educational institutions, thereby contributing to the 3D printing market development.
Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
3D printing, also known as additive manufacturing, is a process that creates physical objects from a digital design by depositing material layer by layer. It has revolutionised the manufacturing process by offering rapid prototyping, customisation, and on-demand production. Besides its speed and flexibility, 3D printing also offers waste reduction, making it a more sustainable manufacturing process. The technology finds extensive applications in various industries, including automotive, aerospace, healthcare, and consumer goods.
The burgeoning consumer preference for customised products is driving the global 3D printing market growth. With the evolving customer expectations and growing desire for personalised products, there has been a significant shift towards on-demand production, leading to a surge in demand for 3D printing. Moreover, the trend of Industry 4.0 and the digital transformation of manufacturing processes have further contributed to the popularity of 3D printing.
The diverse applications of 3D printing in various industries also play a significant role in boosting the 3D printing market expansion. In the automotive and aerospace industries, 3D printing is used for rapid prototyping and the production of complex parts, reducing the time and cost associated with traditional manufacturing processes. The healthcare sector leverages 3D printing for the production of custom prosthetics, implants, and medical devices, which has significantly improved patient care. Moreover, the consumer goods industry uses 3D printing for the creation of personalised products, further expanding the scope of the 3D printing market.
Additionally, the growing adoption of 3D printing in the education sector has led to an increased focus on this technology as an essential tool for learning and innovation. With the rising emphasis on STEM education and the increasing popularity of experiential learning, 3D printing has emerged as a crucial component in educational institutions, thereby contributing to the 3D printing market development.
Market Segmentation
The market can be divided based on component, printer type, technology, material, process, application, end use, and region.Market Breakup by Component
- Hardware
- Software
- Services
Market Breakup by Printer Type
- Desktop 3D Printer
- Industrial Printer
Market Breakup by Technology
- Stereolithography
- Fuse Deposition Modelling (FDM)
- Selective Laser Sintering (SLS)
- Direct Metal Laser Sintering (DMLS)
- Polyjet Printing
- Inkjet Printing
- Electron Beam Melting (EBM)
- Laser Metal Deposition
- Digital Light Processing
- Laminated Object Manufacturing
- Others
Market Breakup by Material
- Polymer
- Metal
- Ceramic
- Others
Market Breakup by Process
- Binder Jetting
- Material Extrusion
- Material Jetting
- Powder Bed Fusion
- Vat Photopolymerisation
- Others
Market breakup by Application
- Prototyping
- Tooling
- Functional Parts
Market Breakup by End Use
- Automotive
- Education
- Aerospace and Defence
- Healthcare
- Consumer Electronics
- Power and Energy
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global 3D printing companies. Some of the major key players explored in the report are as follows:- 3D Systems, Inc.
- Xometry, Inc.
- Stratasys Ltd.
- Proto Labs, Inc.
- Velo3D, Inc.
- Desktop Metal, Inc.
- Materialise NV
- Nano Dimension Ltd
- Shapeways, Inc.
- Markforged, Inc.
- Others
About the Publisher
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global 3D Printing Market Analysis
8.1 Key Industry Highlights
8.2 Global 3D Printing Historical Market (2018-2022)
8.3 Global 3D Printing Market Forecast (2023-2028)
8.4 Global 3D Printing Market by Component
8.4.1 Hardware
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Software
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Services
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global 3D Printing Market by Printer Type
8.5.1 Desktop 3D Printer
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Industrial Printer
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.6 Global 3D Printing Market by Technology
8.6.1 Stereolithography
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Fuse Deposition Modelling (FDM)
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Selective Laser Sintering (SLS)
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Direct Metal Laser Sintering (DMLS)
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Polyjet Printing
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
8.6.6 Inkjet Printing
8.6.6.1 Historical Trend (2018-2022)
8.6.6.2 Forecast Trend (2023-2028)
8.6.7 Electron Beam Melting (EBM)
8.6.7.1 Historical Trend (2018-2022)
8.6.7.2 Forecast Trend (2023-2028)
8.6.8 Laser Metal Deposition
8.6.8.1 Historical Trend (2018-2022)
8.6.8.2 Forecast Trend (2023-2028)
8.6.9 Digital Light Processing
8.6.9.1 Historical Trend (2018-2022)
8.6.9.2 Forecast Trend (2023-2028)
8.6.10 Laminated Object Manufacturing
8.6.10.1 Historical Trend (2018-2022)
8.6.10.2 Forecast Trend (2023-2028)
8.6.11 Others
8.7 Global 3D Printing Market by Material
8.7.1 Polymer
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Metal
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Ceramic
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Others
8.8 Global 3D Printing Market by Process
8.8.1 Binder Jetting
8.8.1.1 Historical Trend (2018-2022)
8.8.1.2 Forecast Trend (2023-2028)
8.8.2 Material Extrusion
8.8.2.1 Historical Trend (2018-2022)
8.8.2.2 Forecast Trend (2023-2028)
8.8.3 Material Jetting
8.8.3.1 Historical Trend (2018-2022)
8.8.3.2 Forecast Trend (2023-2028)
8.8.4 Powder Bed Fusion
8.8.4.1 Historical Trend (2018-2022)
8.8.4.2 Forecast Trend (2023-2028)
8.8.5 Vat Photopolymerisation
8.8.5.1 Historical Trend (2018-2022)
8.8.5.2 Forecast Trend (2023-2028)
8.8.6 Others
8.9 Global 3D Printing Market by Application
8.9.1 Prototyping
8.9.1.1 Historical Trend (2018-2022)
8.9.1.2 Forecast Trend (2023-2028)
8.9.2 Tooling
8.9.2.1 Historical Trend (2018-2022)
8.9.2.2 Forecast Trend (2023-2028)
8.9.3 Functional Parts
8.9.3.1 Historical Trend (2018-2022)
8.9.3.2 Forecast Trend (2023-2028)
8.10 Global 3D Printing Market by End Use
8.10.1 Automotive
8.10.1.1 Historical Trend (2018-2022)
8.10.1.2 Forecast Trend (2023-2028)
8.10.2 Education
8.10.2.1 Historical Trend (2018-2022)
8.10.2.2 Forecast Trend (2023-2028)
8.10.3 Aerospace and Defence
8.10.3.1 Historical Trend (2018-2022)
8.10.3.2 Forecast Trend (2023-2028)
8.10.4 Healthcare
8.10.4.1 Historical Trend (2018-2022)
8.10.4.2 Forecast Trend (2023-2028)
8.10.5 Consumer Electronics
8.10.5.1 Historical Trend (2018-2022)
8.10.5.2 Forecast Trend (2023-2028)
8.10.6 Power and Energy
8.10.6.1 Historical Trend (2018-2022)
8.10.6.2 Forecast Trend (2023-2028)
8.10.7 Others
8.11 Global 3D Printing Market by Region
8.11.1 North America
8.11.1.1 Historical Trend (2018-2022)
8.11.1.2 Forecast Trend (2023-2028)
8.11.2 Europe
8.11.2.1 Historical Trend (2018-2022)
8.11.2.2 Forecast Trend (2023-2028)
8.11.3 Asia Pacific
8.11.3.1 Historical Trend (2018-2022)
8.11.3.2 Forecast Trend (2023-2028)
8.11.4 Latin America
8.11.4.1 Historical Trend (2018-2022)
8.11.4.2 Forecast Trend (2023-2028)
8.11.5 Middle East and Africa
8.11.5.1 Historical Trend (2018-2022)
8.11.5.2 Forecast Trend (2023-2028)
9 North America 3D Printing Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe 3D Printing Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific 3D Printing Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America 3D Printing Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa 3D Printing Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 3D Systems, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Xometry, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Stratasys Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Proto Labs, Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Velo3D, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Desktop Metal, Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Materialise NV
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Nano Dimension Ltd
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Shapeways, Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Markforged, Inc.,
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
Companies Mentioned
- 3D Systems, Inc.
- Xometry, Inc.
- Stratasys Ltd.
- Proto Labs, Inc.
- Velo3D, Inc.
- Desktop Metal, Inc.
- Materialise NV
- Nano Dimension Ltd
- Shapeways, Inc.
- Markforged, Inc.
Methodology
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