3D Printing Market By Technology (Stereolithography (SLA), Selective laser sintering (SLS), Electron beam melting (EBM), Fused deposition modeling (FDM), Laminated object manufacturing (LOM), Others), By Application (Consumer Electronics, Industrial, Aerospace, Automotive, Healthcare, Defense, Education and research, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030
The 3D Printing market was valued at $13.22 billion in 2020 and is projected to reach $93.97 billion by 2030, registering a CAGR of 22.1% from 2021 to 2030. 3D printing employs a computer-aided design technology to generate a three-dimensional application or item using a stacking process.
The growth of the 3D printing market is majorly driven by government investments in 3D printing projects coupled with ease in the development in customized products. Furthermore, a reduction in manufacturing cost and process downtime is anticipated to drive the growth of the market. However, lack of standard process control, limited availability, and high cost associated with 3D printing materials act as prime restraints of the market. On the contrary, the rise in utilization of 3D printing in healthcare sectors and applications in various industries paired with improved manufacturing processes are anticipated to provide lucrative opportunities for the expansion of the 3D printing industry during the forecast period.
The 3D printing market is segmented into technology, application, and country. Depending on technology, the market is segregated into stereolithography (SLA), selective laser sintering (SLS), electron beam melting (EBM), fused deposition modeling (FDM), laminated object manufacturing (LOM), and others. On the basis of application, it is categorized into consumer electronics, industrial, aerospace, automotive, healthcare, defense, education & research, and others. Region-wise, the market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and the rest of Europe), Asia-Pacific (China, Japan, India, and the rest of the Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players operating in the market include 3D Systems, Arcam AB, Autodesk Inc., Stratasys Ltd., The ExOne Company, Optomec, Inc., Organovo Holdings, Inc., Protolabs, Voxeljit AG, and Hoganas AB.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the 3d printing market analysis from 2020 to 2030 to identify the prevailing 3d printing market opportunities.
Market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
An in-depth analysis of the 3d printing market forecast segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global 3d printing market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Technology
Stereolithography (SLA)
Selective laser sintering (SLS)
Electron beam melting (EBM)
Fused deposition modeling (FDM)
Laminated object manufacturing (LOM)
Others
By Application
Consumer Electronics
Industrial
Aerospace
Automotive
Healthcare
Defense
Education and research
Others
By Region
North America
U.S.
Canada
Mexico
Europe
United Kingdom
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
3D Systems Corp.
Arcam AB
Stratasys Ltd.
Autodesk, Inc.
Optomec, Inc
Organovo Holdings, Inc.
Protolabs
Voxelijet AG
Hoganas AB
ExOne Company
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