IMARC Group, a leading market research company, has recently releases report titled 3D Printing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 The study provides a detailed analysis of the industry, including the global 3D printing market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the 3D Printing Market?
Report Attributes | Details |
Market Size in 2022 | US$ 19.8 Billion |
Market Forecast in 2028 | US$ 67 Billion |
Growth rate (2023 to 2028) | CAGR of 21.4% |
Base Year of the Analysis | 2022 |
Forecast Period | 2023-2028 |
What is 3D Printing?
3D printing refers to the procedure of creating a physical three-dimensional object from a digital model by adding materials layer by layer. This method differs from traditional manufacturing processes as it does not require the use of machines or moulds. The printing is performed using the additive processes in which the material is deposited, solidified, or joined under a computer control system in any size and shape. 3D printing is accomplished using various materials, including thermoplastics, ceramics, metals, and resins. Currently, it is witnessing a considerable surge in demand across various industries, including consumer electronics, healthcare, aerospace, and automotive.
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What Are the Growth Prospects and Trends in the 3D Printing Market?
The demand for 3D printing technology has been growing rapidly due to its versatility and ability to produce customized objects and prototypes. For instance, in the healthcare industry, the product is increasingly used to produce customized implants and orthodontic devices, which, in turn, is accelerating the market growth. Moreover, the aerospace industry has embraced the technology, using it for manufacturing lighter, cost-effective components and structures for aircraft, which is acting as another growth-inducing factor. Furthermore, the automobile industry is leveraging 3D printing to create lightweight and energy-efficient replacement parts for heavy-duty components, which is creating a positive outlook for the market. Other factors, such as the rapid development of metal 3D printing technologies and the extensive product application in the manufacturing sector, are contributing to the growth of the market.
Who Are the Key Players Operating in the 3D Printing Industry?
The report has also analysed the competitive landscape of the market with some of the key players.
- Stratasys
- 3D Systems
- Materialise
- EOS GmbH
- Ge Additive
- Exone
- Voxeljet
- HP
- SLM Solutions
- Envisiontec
- Protolabs
- Mcor Technologies
- Optomec
- Groupe Gorg
- Ultimaker
- Renishaw
- Beijing Tiertime Technology
- Xyzprinting
What is Included in Market Segmentation?
The report has categorized the market based on technology, process, material, offering, application, end-user and region.
Breakup by Technology:
- Stereolithography
- FusedDeposition Modeling
- Selective Laser Sintering
- Electron Beam Melting
- Digital Light Processing
- Others
Breakup by Process:
- Binder Jetting
- Directed Energy Deposition
- Material Extrusion
- Material Jetting
- Powder Bed Fusion
- Sheet Lamination
- Vat Photopolymerization
Breakup by Material:
- Photopolymers
- Plastics
- Metals and Ceramics
- Others
Breakup by Offering:
- Printer
- Material
- Software
- Service
Breakup by Application:
- Prototyping
- Tooling
- Functional Part Manufacturing
Breakup by End-User:
- Consumer Products
- Machinery
- Healthcare
- Aerospace
- Automobile
- Others
Breakup by Region:
- Europe
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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