USA 3D Printing Technology Market Outlook to 2028

USA 3D Printing Technology Market Overview

USA 3D Printing Technology market has experienced significant growth at USD 5.2 billion in 2023. This growth is driven by various factors, including advancements in 3D printing technology, increasing adoption in industries such as aerospace, healthcare, and automotive, and the reduction in costs associated with 3D printing materials and equipment.

Key players dominate the USA 3D Printing Technology Market. These include Stratasys Ltd., 3D Systems Corporation, HP Inc., General Electric (GE Additive), Autodesk Inc. These companies are at the forefront of innovation in 3D printing technology, providing advanced solutions and services that cater to various industrial needs.

California stands out as the leading state in the USA 3D Printing Market, primarily due to its strong technology ecosystem and concentration of innovative startups. The presence of major tech companies and access to venture capital funding further encourage California’s dominance in the market.

The Department of Defense (Do D) significantly increased its investments in 3D printing technology in 2024. With a budget allocation of $300 million on additive manufacturing (AM) in 2023, the Do D focused on the development of advanced materials and the production of mission-critical components using 3D printing. This initiative aims to enhance the military’s operational capabilities and reduce logistics costs.

USA 3D Printing Technology Market Segmentation

The USA 3D Printing Technology Market can be segmented based on several factors:

By Product Type: USA 3D Printing Technology Market is segmented by Product Type in Printers, Materials & Services. In 2023, Printers reign as the most dominant sub-segment, holding a substantial market share, driven by the increasing adoption of industrial-grade printers across various sectors. The availability of affordable desktop printers for hobbyists and small businesses also contributes to this segment's growth.

By Application: USA 3D Printing Technology Market is segmented by Application in Aerospace, Healthcare, Automotive, Consumer Goods & others. In 2023, aerospace emerges as the most dominant sub-segment, driven by the demand for lightweight and complex components. Companies like Boeing and GE Aviation use 3D printing for the production of critical parts, enhancing efficiency and reducing costs.

By Region: USA 3D Printing Technology Market is segmented by Region into North, South, East & West. In 2023, the Western region is dominating the market. The presence of Silicon Valley and a strong technology ecosystem make the West region a leader in 3D printing innovation and adoption.

USA 3D Printing Technology Market Competitive Landscape

Company

Establishment Year

Headquarters

Stratasys Ltd.

1989

Eden Prairie, MN

3D Systems Corp.

1986

Rock Hill, SC

HP Inc.

1939

Palo Alto, CA

General Electric

1892

Boston, MA

Autodesk Inc.

1982

San Rafael, CA

Stratasys Ltd. Product Launch: In 2024, Stratasys Ltd. is announced updates to several Industrial and Healthcare Business Unit products and Stratasys Direct. These include a new open platform for the F900 3D printer, more on-demand 3D printing capabilities and a new high-performance material for its Fused Deposition Modeling line.

HP’s Acquisition of Poly: HP Inc. completed its $3.3 billion acquisition of Poly, a leading global provider of workplace collaboration solutions. The deal, first announced in March 2022, is expected to accelerate HP's strategy to create a more growth-oriented portfolio and further strengthen its position in hybrid work solutions.

USA 3D Printing Technology Industry Analysis

USA 3D Printing Technology Market Growth Drivers:

Healthcare Sector Adoption: The healthcare sector continues to drive the growth of the 3D printing market in the USA. The National Center for Biotechnology Information reported that over 500,000 3D-printed medical devices were used in surgeries across the United States in 2024, highlighting the technology's growing importance in healthcare.

Aerospace Industry Utilization: The aerospace industry is a major contributor to the 3D printing market's expansion. In 2024, Airbus has developed the world's first metal 3D printer for space, which will be tested on the International Space Station. This innovation aims to enhance the production of lightweight and complex components directly in space. Innovative practices like these further drive the market.

Automotive Sector Integration: The automotive industry continues to integrate 3D printing for rapid prototyping and production of complex parts. In 2024, leading automotive manufacturers like Ford and General Motors produced over 5,000 different parts using 3D printing. The increased use of 3D printing in the automotive sector resulted in significant cost savings and reduced time-to-market for new vehicle models.

USA 3D Printing Technology Market Challenges:

High Material Costs: Despite advancements, the cost of materials for 3D printing remains a significant challenge. Higher costs limit the widespread adoption of 3D printing technology, particularly among small and medium-sized enterprises (SMEs). Additionally, ongoing research is focused on developing more affordable and sustainable material options to address this issue.

Intellectual Property Concerns: Intellectual property (IP) issues continue to pose a challenge for the 3D printing market. The U.S. Patent and Trademark Office highlighted the need for stronger IP protection measures to address the rising instances of counterfeit products and unauthorized reproduction of patented designs.

USA 3D Printing Technology Market Government Initiatives:

America Makes Initiative: The U.S. government continues to support the America Makes initiative to advance additive manufacturing technology. In June 2024, a $2.1 million project call was funded by the Office of the Under Secretary of Defense for Research and Engineering Manufacturing Technology Office (OSD(R&E)) and the Office of the Under Secretary of Defense for Cost Assessment and Program Evaluation (OSD CAPE).

National Institute of Standards and Technology (NIST) Grants: In 2022, NIST awarded $4 million in grants to support research and development in 3D printing technology. These grants were aimed at improving the reliability and performance of 3D printing processes and materials, as well as fostering collaboration between academia, industry, and government agencies.

USA 3D Printing Technology Future Market Outlook

The USA 3D Printing market is expected to grow exponentially by 2028. The growth will be driven by continuous advancements in 3D printing technology, increasing applications in new industries and the integration of AI and machine learning to enhance printing processes and outcomes.

Future Trends

Increased Adoption in Construction: The construction industry is poised to adopt 3D printing technology extensively. By 2028, it is estimated that 3D printing will be used to construct over 1,000 residential and commercial buildings annually in the USA. The National Association of Home Builders predicts that 3D printing will reduce construction costs by up to USD 20,000 per house and significantly shorten construction timelines.

Advancements in Metal Printing: The metal 3D printing market will experience substantial growth and innovation. The American Society of Mechanical Engineers (ASME) forecasts that advancements in metal printing will enable the production of highly durable and complex components for critical applications in aerospace and defense.
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