3D Printing - Thematic Intelligence
Description
3D Printing - Thematic Intelligence
Summary
It is 40 years since the creation of the first 3D printed part, and the industry is well into adulthood. It has made a mark on the manufacturing world, but there is much more to be done. The industry no longer needs to prove that 3D printing works but must now establish its place in the manufacturing mix.
By 2030, 3D printing, or additive manufacturing (AM), will be a $70.8 billion industry, having grown at a compound annual growth rate (CAGR) of 18% between 2021 and 2030, according to GlobalData forecasts. The software segment of the industry will deliver the fastest growth as companies prioritize adopting workflow automation tools. Automation enables companies to reduce the time and cost of the production cycle, facilitating 3D printing’s transition into mass manufacturing.
Key Highlights
Summary
It is 40 years since the creation of the first 3D printed part, and the industry is well into adulthood. It has made a mark on the manufacturing world, but there is much more to be done. The industry no longer needs to prove that 3D printing works but must now establish its place in the manufacturing mix.
By 2030, 3D printing, or additive manufacturing (AM), will be a $70.8 billion industry, having grown at a compound annual growth rate (CAGR) of 18% between 2021 and 2030, according to GlobalData forecasts. The software segment of the industry will deliver the fastest growth as companies prioritize adopting workflow automation tools. Automation enables companies to reduce the time and cost of the production cycle, facilitating 3D printing’s transition into mass manufacturing.
Key Highlights
- The COVID-19 pandemic provided clear evidence of the risk posed to manufacturing companies worldwide when they rely on a single location as the hub of their supply chain. The shakeout from that supply chain shock continues amid further geopolitical and economic concerns caused by the Russia-Ukraine war.
- Momentum is growing towards reshoring manufacturing in home countries rather than relying on over-stretched supply chains. 3D printing will have a major role to play in the new supply chain ecosystem.
- For an industry to develop, standardized processes are critically important. Standardization covers best practices, regulations, and benchmarks. 3D printing has always been closely associated with prototyping and short production runs. To facilitate the technology’s adoption into mass digital manufacturing, 3D printing companies must guarantee product standardization, particularly in industries such as automotive, aerospace, and healthcare. Investing in workflow automation tools will be the fastest and most cost-efficient way of achieving this.
- This report provides an overview of the 3D printing theme.
- It identifies the key trends impacting growth of the theme over the next 12 to 24 months.
- It includes a comprehensive industry analysis, including market size and growth forecasts to 2030 for 3D printing services, software, materials, and hardware. In addition, there is analysis of signals data, including M&A deals, foreign direct investment, venture financing, patents, company filings, jobs, and social media posts.
- The detailed value chain breaks down artificial intelligence into four layers: hardware, materials, software, and services.
- 3D printing has a growing range of applications, from the largest industries to the smallest personal products, from jet engines to custom-designed underwear, from tailored running shoes to life-saving living tissue. With many companies considering reshoring some of their supply chain operations, spurred by the COVID-19 pandemic and environmental, social, and governance (ESG) considerations, 3D printing could potentially disrupt the entire manufacturing industry supply chain.
Table of Contents
59 Pages
- Executive Summary
- Players
- Technology Briefing
- Definition
- The seven types of 3D printing technology
- Fused deposition modeling
- Direct metal deposition
- Powder bed fusion
- Binder jetting
- Polyjet
- Vat photopolymerization
- Bioprinting
- 4D printing
- The cost of 3D printing
- Trends
- Technology trends
- Macroeconomic trends
- Regulatory trends
- Industry Analysis
- Market size and growth forecasts
- A post-COVID China and the US Inflation Reduction Act will spur 3D printing growth
- What’s next for the 3D printing industry?
- There are five clear use cases for 3D printing
- Mergers and acquisitions
- Venture financing
- Foreign direct investment
- Patent trends
- Company filings trends
- Hiring trends
- Social media trends
- Use cases
- Automotive
- Aerospace
- Consumer goods
- Healthcare
- Construction
- Jewelry
- Food
- Toys
- Timeline
- Value Chain
- Hardware
- Materials
- Software
- Services
- Companies
- Public companies
- Private companies
- Glossary
- Further Reading
- GlobalData reports
- Our Thematic Research Methodology
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Technology trends
- Table 2: Macroeconomic trends
- Table 3: Regulatory trends
- Table 4: Key M&A transactions associated with the 3D printing theme since January 2021
- Table 5: Venture financing
- Table 6: Foreign direct investment
- Table 7: Public companies
- Table 8: Private companies
- Table 9: Glossary
- Table 10: GlobalData reports
- List of Figures
- Figure 1: Who are the leading players in the 3D printing theme and where do they sit in the value chain?
- Figure 2: There are seven primary technologies within the 3D printing industry
- Figure 3: Fused deposition modeling
- Figure 4: Direct metal deposition
- Figure 5: Powder bed fusion
- Figure 6: Binder jetting
- Figure 7: Polyjet
- Figure 8: Vat photopolymerization
- Figure 9: Bioprinting
- Figure 10: A 4D-printed object can change its shape and behavior
- Figure 11: Ranking the cost of additive manufacturing methods
- Figure 12: The 3D printing market will be worth $70.8 billion by 2030
- Figure 13: Lead time and price are the leading factors for using 3D printing technologies
- Figure 14: 3D printing-related patent publications peaked in 2021
- Figure 15: There was an acceleration of 3D printing mentions between 2020 and 2021
- Figure 16: 3D printing-related hiring peaked in June 2022
- Figure 17: 3D printing social media mentions peaked in January 2022
- Figure 18: Prototyping is still the most popular application of 3D printing technologies
- Figure 19: The first commercially available 3D-printed car
- Figure 20: 3D printing repair using DED
- Figure 21: 3D printing is disrupting the aerospace industry
- Figure 22: 3D printing provides personalized experiences
- Figure 23: The orthodontic industry was the first to use 3D printing in large-scale production
- Figure 24: 3D printing expands the limits of construction
- Figure 25: 3D printing is used to create jewelry
- Figure 26: The alternative meat sector has embraced 3DP
- Figure 27: Lego’s first commercially available 3D-printed toy
- Figure 28: The 3D printing story
- Figure 29: The 3D printing value chain - Separate hardware, materials, software, and services layers define the industry
- Figure 30: The 3D printing value chain - Hardware in 3D printing includes metal, polymer, and ceramic printers, bioprinters, and post-processing machines
- Figure 31: The 3D printing value chain - 3D printing’s materials are metals, polymers, ceramics, and biomaterials
- Figure 32: The 3D printing value chain - Software in 3D printing includes CAD, workflow automation, and quality assurance
- Figure 33: The 3D printing value chain - Services in 3D printing cover consulting, on-demand production, and repairs and maintenance
- Figure 34: Our five-step approach for generating a sector scorecard
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