3D Printing & Rapid Prototyping Services in the US - Industry Market Research Report
Description
3D Printing & Rapid Prototyping Services in the US - Industry Market Research Report
3D Printing & Rapid Prototyping Services in the US
The industry has grown over the past five years, driven by rapid technological development and new applications for 3D printing technology. While the falling price of 3D printing machines encouraged many companies to purchase their own machines and bypass outsourced services, demand has flourished. Additionally, as development and design services could be done remotely, the industry was one of the few which could continue operations unabated during the height of COVID-19 in 2020, resulting in 7.0% revenue growth in that year. Over the past five years, 3D printing and prototyping revenue has climbed at a CAGR of 17.2% to $3.6 billion, including 21.1% growth in 2023 alone.
Companies in this industry offer 3D printing and rapid prototyping, which is the automatic construction of physical objects using additive manufacturing technology. Techniques include melting or softening material to produce layers, laying liquid material thermosets that are cured, cutting thin layers to shape and joining them together. This industry does not include the sale of 3D printers and supplies.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
3D Printing & Rapid Prototyping Services in the US
The industry has grown over the past five years, driven by rapid technological development and new applications for 3D printing technology. While the falling price of 3D printing machines encouraged many companies to purchase their own machines and bypass outsourced services, demand has flourished. Additionally, as development and design services could be done remotely, the industry was one of the few which could continue operations unabated during the height of COVID-19 in 2020, resulting in 7.0% revenue growth in that year. Over the past five years, 3D printing and prototyping revenue has climbed at a CAGR of 17.2% to $3.6 billion, including 21.1% growth in 2023 alone.
Companies in this industry offer 3D printing and rapid prototyping, which is the automatic construction of physical objects using additive manufacturing technology. Techniques include melting or softening material to produce layers, laying liquid material thermosets that are cured, cutting thin layers to shape and joining them together. This industry does not include the sale of 3D printers and supplies.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
34 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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