3D Printing Market by Technology (Fused Deposition Modeling, Stereolithography, Digital Light Processing, Selective Laser Melting, Electron Beam Melting, and Others), Material (Polymer, Metal, Ceramic, and Others), End-user (Industrial, Consumer Electronics, Military & Defense, Automotive, Healthcare, and Others): Global Market Size Estimates and Forecast (2022–2030)

Code: BMIRE00026540 | Pages: 100 | Industry: Electronics and Semiconductor | Date: Sep 2022 | Type: Global

The 3D printing market is expected to cross US$ 13 billion in 2022 and is projected to hit US$ 37 billion by 2030, recording a CAGR of 23% during the forecast period.

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The Usage of 3D Printing is Rising Worldwide

In a dynamic technological era, additive manufacturing and 3D printing is receiving high momentum. The augmenting effect of 3D printing is getting driven by increase in the number of use-cases. Beginning from research & development to prototyping to jigs, fixtures, & tooling, production parts, to repair activities, the penetration of 3D printing is rising. Around half of the manufacturing companies uses 3D printing to produce minimum 25% of their end-use or functional parts. From aforesaid use-cases, 3D printing is acquiring high acceptance for fabricating parts and research & development. These above-mentioned factors are projected to propel the overall growth of 3D printing market.

By material, the polymers segment contributes massively towards the 3D printing. An upward trend of using better 3D printing materials such as polymers within the manufacturers is growing. The adoption of polymer increased from 74% in 2019 to 90% in 2021 as compared to composites, metals, ceramics, and glass.

Within the report, the market is segmented into technology, material, end-user, and geography. Based on technology, the 3D printing market is segmented into fused deposition modeling, stereolithography, digital light processing, selective laser melting, electron beam melting, and others. Based on material, the 3D printing market is divided into polymer, metal, ceramic, and others. By end-user, the 3D printing market is categorized into industrial, consumer electronics, military & defense, automotive, healthcare, and others. Geographically, the market is subsegmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

Accessible 3D Printing Material Options such as Polymers/Plastics are Growing

3D printing is a form of additive manufacturing technology where a three dimensional object is created by laying down successive layers of material. The technology was first introduced in early 1980, however it came into hype in last few years. Manufacturers across a broad spectrum of industries including automotive, aerospace, healthcare, consumer and industrial products are all aggressively using 3D printing technologies now a days.

Growth Projections for 3D Printing Industry is Expected to Rise at an Impressive Rate

The future of 3D printing is exceptionally positive. The manufacturing companies and stakeholders are getting involved in strategies to proliferate implementation of 3D printing in industries including consumer electronics, industrial machines, heavy equipment, automotive, healthcare, plastics & packaging, and many more. Approximately, 95% of manufacturers are working on tactics and strategies to utilize 3D printing in their processes.

Recent Strategic Developments in 3D Printing Market

The 3D printing market has undergone several significant developments, and a few of these have been mentioned below:

  • In September 2022, Neolith introduced all-new and latest generation of surfaces featuring 3D printing technology called as Neolith Iconic Design. The company is showcasing new revolutionary surfaces and aims to establish a new standard in sintered stone industry. Since mentioned industry combines decorating, art, and technology, the scope of boosting 3D printing technology will rise.
  • In September 2022, Boeing inaugurated a new additive manufacturing plant in Auburn, Washington. The newly opened facility named as Center of Additive Manufacturing Excellence leverages 3D printing technology for designing and production of parts and tools. This technology will be used to cater the demand arriving from helicopters, commercial airplanes, satellites, and spacecraft end-users.

The 3D printing market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. 3D Systems Corporation, Arcam AB, Autodesk, Inc., General Electric, Materialise NV, The ExOne Company, Stratasys Ltd., voxeljet AG, Nano Dimension, and EOS GmbH are among the prominent players operating in the 3D printing market.

Target audience for the report:

  • 3D printing component providers
  • 3D printing hardware and software providers
  • 3D printing -related service providers
  • 3D printing and additive manufacturing related associations, organizations, and alliances
  • Government bodies, such as regulating authorities and policy makers
  • Venture capitalists, private equity firms, and start-up companies
  • Target end users of 3D printing
  • Research Institutes for 3D printing and additive manufacturing

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Technology  
    • FDM (Fused Deposition Modeling)
    • SLA (Stereolithography)
    • DLP (Digital Light Processing)
    • SLM (Selective Laser Melting)
    • EBM (Electron Beam Melting)
    • Others

 

  • Material
    • Polymer
    • Metal
    • Ceramic
    • Others

 

  • End-user
    • Industrial
    • Consumer Electronics
    • Military & Defense
    • Automotive
    • Healthcare
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific
    • South & Central America
    • Middle East & Africa
  • Companies profiled
    • Materialise NV
    • Stratasys Ltd
    • Autodesk
    • General Electric
    • 3D Systems Corporation

 

  • Companies profiled
    • Materialise NV
    • Stratasys Ltd
    • Autodesk
    • General Electric
    • 3D Systems Corporation

 

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