Global 3D Printing Market 2022-2028
3D printing, or additive manufacturing, is a process of making three dimensional solid objects from a digital file. 3D printing allows for the design and print of more complex designs than traditional manufacturing processes. Garnering a CAGR of 19.7% from 2022 to 2028, the global 3D printing market is projected to reach worth of USD 52,172 million by 2028-end, according to a new report by Gen Consulting Company. Flexibility and ease of developing customized products, favorable government regulations and market initiatives, increasing research & development activities are expected to boost the market growth in the coming years.Flexibility and ease of developing customized products, favorable government regulations and market initiatives, increasing research & development activities are expected to boost the market growth in the coming years.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global 3D printing market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the 3D printing industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the offering, process, application, end user, and region. The global market for 3D printing can be segmented by offering: 3D printers, materials, software, services. The 3D printers segment held the largest share of the global 3D printing market in 2021 and is anticipated to hold its share during the forecast period. 3D printing market is further segmented by process: direct energy deposition, jetting, material extrusion, powder bed fusion, VAT photopolymerization, others. Globally, the material extrusion segment made up the largest share of the 3D printing market. Based on application, the 3D printing market is segmented into: functional parts, models, patterns, prototyping. The functional parts segment was the largest contributor to the global 3D printing market in 2021. On the basis of end user, the 3D printing market also can be divided into: healthcare, consumer goods, automotive, aerospace & defense, personal uses, others. 3D printing market by region is categorized into: North America, Asia Pacific, Europe, Rest of the World (ROW).
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