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3D Printing Market Size by Offering (Printer, Material, Software, Services), Technology (Fused Deposition Modelling, Stereolithography), Process (Powder Bed Fusion, Material Extrusion, Binder Jetting), Application, Vertical & Region - Global Forecast to 2

Publisher MarketsandMarkets
Published Jan 01, 2025
Length 198 Pages
SKU # MKMK19605038

Description

The 3D printing market is poised on the edge of a significant growth trajectory, driven by technological advancements and expanding applications across various sectors. In addition to the description of the 3D printing market, this report also covers the key drivers and restraints, competitive landscape, company profiles, and evaluation matrix for both key players as well as startups/SMEs present in the market.

3D printing is an innovation that revolutionizes manufacturing, prototyping, and even supply chain dynamics and has been embraced across multiple verticals, including the aerospace, automotive, and healthcare sectors, which are actively leveraging 3D printing technologies for efficient production solutions.

Market Description

3D printing, a process of creating three-dimensional objects from digital files, , allows for customization and creates opportunities for innovation in manufacturing techniques. The technology offers significant cost reductions in manufacturing and assists in producing complex geometric structures that are laborious or impossible with traditional methods. 3D printing has numerous applications in various domains, ranging from aerospace to healthcare.

Market Dynamics

Key Driver: Ease in Manufacturing Customized Products

The ease of manufacturing customized products is one of the main drivers pushing the adoption of 3D printing technology. The capability to produce intricate designs with minimal waste allows manufacturers to meet specific customer requirements effectively and efficiently, reducing overproduction and keeping inventory costs low.

Key Restraint: High Material Costs

Despite its transformative potential, the 3D printing market faces several obstacles, the most significant of which is the high cost of materials. The cost of metals and specialized plastics required for 3D printing is significantly higher compared to traditional materials, which hinders widespread adoption across cost-sensitive industries.

Key Challenge: Ensuring Consistent Quality

A significant challenge in the industry is ensuring the consistent quality of final products. There is an ongoing need to develop standards that ensure repeatability and reliability across printing batches, which is crucial for acceptance in sectors like aerospace and healthcare.

Opportunity: Post-Pandemic Demand for Medical Products

In the medical sector, the COVID-19 pandemic showcased the role that 3D printing can play in addressing urgent demands for medical supplies, such as protective gear and parts for ventilation systems, highlighting a potential for large-scale adoption in the future.

Competitive Landscape

The competitive landscape of the 3D printing market is populated by a mix of established companies and dynamic startups. Top companies, such as Stratasys, 3D Systems, Inc., HP, and EOS GmbH, are leaders due to their extensive product portfolios and continuous innovation strategies. These companies, and startups such as Xometry and Proto3000 form a competitive ecosystem energized by rapid technological advancements and evolving customer requirements.

Key Players

Stratasys: Stratasys is a leader in providing 3D printing solutions and is known for its innovations in material sciences and applications in the automotive and medical industries.

3D Systems, Inc.: 3D Systems is a pioneer in 3D printing technology focusing on precision and product reliability, especially in the healthcare and aerospace industries.

Startups

Xometry: Xometry specializes in advanced manufacturing solutions, offering a comprehensive platform that integrates a wide range of services beyond traditional 3D printing.

Proto3000: Known for innovative dental and medical 3D printing applications, Proto3000 emphasizes precision and customizability.

Evaluation Matrix

An evaluation matrix assesses the position of key companies and startups/SMEs within the market based on several criteria, including innovation, market reach, and financial strength. The matrix highlights progressive companies as those that manage to combine traditional manufacturing strengths with innovative 3D printing solutions, while responsive companies adapt quickly to technological shifts and market demands.

Conclusion

The 3D printing market in 2024 presents a complex landscape where opportunities and challenges coexist. Continued innovation, combined with strategic investments and partnerships, will play a crucial role in shaping the future of 3D printing. This report highlights the importance of adapting to rapidly changing market conditions and emphasizing quality and cost-efficiency to unlock the full potential of 3D printing across industries.
Tables List
Table 1 Impact Of 3d Printing, By Vertical
Table 2 Global Government-led Funding For 3d Printing Projects
Table 3 Average Selling Price (Asp) Of 3d Printers Offered By Key Players,
By Type (Usd)
Table 4 Role Of Companies In 3d Printing Ecosystem
Table 5 Emerging 3d Printing Technologies
Table 6 List Of Patents Related To 3d Printing, 2023
Table 7 Top 10 Patent Owners In Last 10 Years
Table 8 3d Printing Market: List Of Key Conferences And Events, 2024–2025
Table 9 North America: List Of Regulatory Bodies, Government Agencies,
And Other Organizations
Table 10 Europe: List Of Regulatory Bodies, Government Agencies,
And Other Organizations
Table 11 Asia Pacific: List Of Regulatory Bodies, Government Agencies,
And Other Organizations
Table 12 Row: List Of Regulatory Bodies, Government Agencies,
And Other Organizations
Table 13 North America: Safety Standards For 3d Printing
Table 14 Europe: Safety Standards For 3d Printing
Table 15 Asia Pacific: Safety Standards For 3d Printing
Table 16 Row: Safety Standards For 3d Printing
Table 17 3d Printing Market: Porter’s Five Forces Analysis
Table 18 Influence Of Stakeholders On Buying Process For
Top Three Verticals (%)
Table 19 Key Buying Criteria For Top Three Verticals
Table 20 3d Printing Market: Overview Of Key Strategies Deployed
By Major Players
Table 21 3d Printing Market: Degree Of Competition, 2023
Table 22 3d Printing Market: Company Offering Footprint
Table 23 3d Printing Market: Company Technology Footprint
Table 24 3d Printing Market: Company Process Footprint
Table 25 3d Printing Market: Company Application Footprint
Table 26 3d Printing Market: Company Vertical Footprint
Table 27 3d Printing Market: Company Region Footprint
Table 28 3d Printing Market: List Of Key Startups/Smes
Table 29 3d Printing Market: Competitive Benchmarking Of Key Startups/Smes
Table 30 3d Printing Market: Product Launches, November 2021–march 2024
Table 31 3d Printing Market: Deals, May 2022–march 2024
Table 32 Stratasys: Company Overview
Table 33 Stratasys: Products/Solutions/Services Offered
Table 34 Stratasys: Product Launches/Developments
Table 35 Stratasys: Deals
Table 36 Stratasys: Others
Table 37 Eos Gmbh: Company Overview
Table 38 Eos Gmbh: Products/Solutions/Services Offered
Table 39 Eos Gmbh: Product Launches/Developments
Table 40 Eos Gmbh: Deals
Table 41 Eos Gmbh: Expansions
Table 42 Hp Development Company, L.P.: Company Overview
Table 43 Hp Development Company, L.P.: Products/Solutions/Services Offered
Table 44 Hp Development Company, L.P.: Product Launches
Table 45 Hp Development Company, L.P.: Deals
Table 46 Hp Development Company, L.P.: Others
Table 47 3d Systems, Inc.: Company Overview
Table 48 3d Systems, Inc.: Products/Solutions/Services Offered
Table 49 3d Systems, Inc.: Product Launches
Table 50 3d Systems, Inc.: Deals
Table 51 3d Systems, Inc.: Others
Table 52 General Electric: Company Overview
Table 53 General Electric: Products/Solutions/Services Offered
Table 54 General Electric: Product Launches
Table 55 General Electric: Deals
Table 56 General Electric: Others
Table 57 Materialise Nv: Company Overview
Table 58 Materialise Nv: Products/Solutions/Services Offered
Table 59 Materialise Nv: Product Launches
Table 60 Materialise Nv: Deals
Table 61 Materialise Nv: Others
Table 62 Desktop Metal, Inc.: Company Overview
Table 63 Desktop Metal, Inc.: Products/Solutions/Services Offered
Table 64 Desktop Metal, Inc.: Product Launches
Table 65 Desktop Metal, Inc.: Deals
Table 66 Voxeljet Ag: Company Overview
Table 67 Voxeljet Ag: Products/Solutions/Services Offered
Table 68 Voxeljet Ag: Product Launches
Table 69 Voxeljet Ag: Deals
Table 70 Voxeljet Ag: Others
Table 71 Slm Solutions: Company Overview
Table 72 Slm Solutions: Products/Solutions/Services Offered
Table 73 Slm Solutions: Product Launches
Table 74 Slm Solutions: Deals
Table 75 Renishaw Plc.: Company Overview
Table 76 Renishaw Plc.: Products/Solutions/Services Offered
Table 77 Renishaw Plc.: Deals
Figures List
Figure 1 Services Segment To Register Highest Cagr During Forecast Period
Figure 2 Selective Laser Sintering (Sls) Segment To Exhibit Highest Cagr
During Forecast Period
Figure 3 Powder Bed Fusion Segment To Record Highest Cagr
During Forecast Period
Figure 4 Functional Part Manufacturing Segment To Register Highest
Cagr During Forecast Period
Figure 5 Automotive Segment To Record Highest Cagr In
3d Printing Market During Forecast Period
Figure 6 Asia Pacific To Register Highest Cagr In 3d Printing Market
During Forecast Period
Figure 7 3d Printing Evolution
Figure 8 3d Printing Market: Drivers, Restraints, Opportunities,
And Challenges
Figure 9 3d Printing Market: Impact Analysis Of Drivers
Figure 10 3d Printing Market: Impact Analysis Of Restraints
Figure 11 3d Printing Market: Impact Analysis Of Opportunities
Figure 12 3d Printing Market: Impact Analysis Of Challenges
Figure 13 Trends/Disruptions Impacting Customers’ Businesses
Figure 14 Average Selling Price (Asp) Of 3d Printers Offered By Key Players,
By Type (Usd)
Figure 15 Average Selling Price (Asp) Trend Of Desktop 3d Printers, By Region, 2020–2029 (Usd)
Figure 16 Average Selling Price (Asp) Trend Of Industrial 3d Printers, By Region, 2020–2029 (Usd)
Figure 17 3d Printing Market: Value Chain Analysis
Figure 18 Key Players In 3d Printing Ecosystem
Figure 19 Investment And Funding Scenario For Startups, 2024 (Usd Million)
Figure 20 Number Of Patents Granted Per Year, 2014–2024
Figure 21 Top 10 Companies With Highest Number Of Patent Applications
In Last 10 Years
Figure 22 Import Data For Hs Code 847790-compliant Products, By Country, 2019–2023 (Usd Million)
Figure 23 Export Data For Hs Code 847790-compliant Products, By Country, 2019–2023 (Usd Million)
Figure 24 3d Printing Market: Porter’s Five Forces Analysis
Figure 25 Influence Of Stakeholders On Buying Process For Top Three Verticals
Figure 26 Key Buying Criteria For Top Three Verticals
Figure 27 3d Printing Market: Revenue Analysis Of Top Five Players, 2019–2023
Figure 28 3d Printing Market Share Analysis, 2023
Figure 29 Market Capitalization, 2024 (Usd Billion)
Figure 30 Ev/Ebitda Of Key Vendors, 2024
Figure 31 3d Printing Market: Brand/Product Comparison
Figure 32 3d Printing Market: Company Evaluation Matrix (Key Players), 2023
Figure 33 3d Printing Market: Company Overall Footprint
Figure 34 3d Printing Market: Company Evaluation Matrix (Startups/Smes), 2023
Figure 35 Stratasys: Company Snapshot
Figure 36 Hp Development Company, L.P.: Company Snapshot
Figure 37 3d Systems, Inc.: Company Snapshot
Figure 38 General Electric: Company Snapshot
Figure 39 Materialise Nv: Company Snapshot
Figure 40 Desktop Metal, Inc.: Company Snapshot
Figure 41 Voxeljet Ag: Company Snapshot
Figure 42 Slm Solutions: Company Snapshot
Figure 43 Renishaw Plc.: Company Snapshot
Figure 44 Gdp Growth Projection Till 2023 For Major Economies
Figure 45 3d Printing Market: Research Design
Figure 46 Data Triangulation

Table of Contents

198 Pages
1 Executive Summary
2 Market Overview
2.1 Introduction
2.2 Evolution Of 3d Printing
2.2.1 Impact Of 3d Printing, By Vertical
2.3 Market Dynamics
2.3.1 Drivers
2.3.1.1 Ease In Manufacturing Of Customized Products
2.3.1.2 Reduction In Manufacturing Costs And Process Downtime
2.3.1.3 Increasing Government-led Investments In 3d Printing Projects
2.3.1.4 Availability Of Various Industrial-grade 3d Printing Materials
2.3.1.5 High Demand For Lightweight Yet Durable Parts In Aerospace & Defense Vertical
2.3.2 Restraints
2.3.2.1 Lack Of Standardized Testing Methods To Verify Mechanical Properties Of 3d Printing Materials And High Raw Material Costs
2.3.2.2 Inadequate Design And Process Control Data Due To Lack Of Printing Material Specifications
2.3.3 Opportunities
2.3.3.1 Increasing Demand For Medical Products And Supplies In Post-pandemic Scenario
2.3.3.2 Rapid Advancements In Printing Technologies And Materials And Development Of Knowledge And Skill Progression Frameworks
2.3.3.3 Emerging Applications Of 3d Printing Technology In Automotive, Printed Electronics, Jewelry, And Education Verticals
2.3.3.4 Advancements In 3d Printing Materials
2.3.4 Challenges
2.3.4.1 Ensuring Consistent Quality Of Final 3d-printed Products With Repeatable And Stable Production Processes
2.3.4.2 Threat Of Copyright Infringement
2.3.4.3 Decline In Sales Of 3d Printing Devices Attributed To Recession
2.4 Trends/Disruptions Impacting Customers’ Businesses
2.5 Pricing Analysis
2.5.1 Average Selling Price (Asp) Of 3d Printers Offered By Key Players, By Type
2.5.2 Average Selling Price (Asp) Trend Of 3d Printers, By Region
2.6 Value Chain Analysis
2.6.1 Research And Development Engineers
2.6.2 Material And Software Providers
2.6.3 Manufacturers
2.6.4 Service Providers
2.6.5 End-user Industries
2.6.6 After-sales Service Providers
2.7 Ecosystem Analysis
2.7.1 Material Suppliers
2.7.1.1 Polymer Providers
2.7.1.2 Metal Providers
2.7.2 Software Providers
2.7.3 Printer Providers
2.7.3.1 Industrial 3d Printer Providers
2.7.3.2 Desktop 3d Printer Providers
2.8 Investment And Funding Scenario
2.9 Technology Analysis
2.9.1 Key Technology
2.9.1.1 Hybrid Manufacturing
2.9.1.2 Meld Process
2.9.2 Complementary Technology
2.9.2.1 3d Bioprinting And Tissue Engineering
2.9.2.2 Iot Integration And Connectivity
2.9.3 Adjacent Technology
2.9.3.1 Computer Numerical Control (Cnc) Machining
2.9.3.2 Injection Molding
2.10 Patent Analysis
2.10.1 List Of Patents
2.11 Trade Analysis
2.11.1 Import Scenario
2.11.2 Export Scenario
2.12 Key Conferences And Events, 2024–2025
2.13 Case Study Analysis
2.13.1 Swinburne University Collaborated With Renishaw To Enhance Electric Cars’ Performance In Competition Against Petrol-powered Vehicles
2.13.2 Linex Corporation Enhanced Inspection Precision Using Renishaw’s Custom Additive Manufactured Stylus
2.13.3 Protolabs’ Dmls Service Helped Alex Degnes Address Two-stroke Engine Speed Record Challenge
2.13.4 Pepsico Achieved Rapid Tooling Development, Durability, And Cost Reduction Using Nxe 400 3d Printer
2.13.5 Lalaland Production And Design Revolutionized Footwear Manufacturing Using Nexa3d’s Sls Printer
2.14 Regulatory Landscape And Standards
2.14.1 Regulatory Bodies, Government Agencies, And Other Organizations
2.14.2 Standards Related To 3d Printing
2.15 Porter’s Five Forces Analysis
2.15.1 Threat Of New Entrants
2.15.2 Threat Of Substitutes
2.15.3 Bargaining Power Of Suppliers
2.15.4 Bargaining Power Of Buyers
2.15.5 Intensity Of Competitive Rivalry
Key Stakeholders And Buying Criteria
2.15.6 Key Stakeholders In Buying Process
2.15.7 Buying Criteria
3 Competitive Landscape
3.1 Overview
3.2 Strategies Adopted By Major Players
3.3 Revenue Analysis, 2019–2023
3.4 Market Share Analysis, 2023
3.5 Valuation And Financial Metrics, 2024
3.6 Brand/Product Comparison
3.7 Company Evaluation Matrix: Key Players, 2023
3.7.1 Stars
3.7.2 Emerging Leaders
3.7.3 Pervasive Players
3.7.4 Participants
3.7.5 Company Footprint: Key Players, 2023
3.7.5.1 Overall Footprint
3.7.5.2 Offering Footprint
3.7.5.3 Technology Footprint
3.7.5.4 Process Footprint
3.7.5.5 Application Footprint
3.7.5.6 Vertical Footprint
3.7.5.7 Region Footprint
3.8 Company Evaluation Matrix: Startups/Smes, 2023
3.8.1 Progressive Companies
3.8.2 Responsive Companies
3.8.3 Dynamic Companies
3.8.4 Starting Blocks
3.8.5 Competitive Benchmarking: Startups/Smes, 2023
3.8.5.1 List Of Key Startups/Smes
3.8.5.2 Competitive Benchmarking Of Key Startups/Smes
3.9 Competitive Scenarios And Trends
3.9.1 Product Launches
3.9.2 Deals
4 Company Profiles
4.1 Key Players
4.1.1 Stratasys
4.1.1.1 Business Overview
4.1.1.2 Products/Solutions/Services Offered
4.1.1.3 Recent Developments
4.1.1.3.1 Product Launches/Developments
4.1.1.3.2 Deals
4.1.1.3.3 Others
4.1.1.4 Mnm View
4.1.1.4.1 Key Strengths/Right To Win
4.1.1.4.2 Strategic Choices
4.1.1.4.3 Weaknesses/Competitive Threats
4.1.2 Eos Gmbh
4.1.2.1 Business Overview
4.1.2.2 Products/Solutions/Services Offered
4.1.2.3 Recent Developments
4.1.2.3.1 Product Launches/Developments
4.1.2.3.2 Deals
4.1.2.3.3 Expansions
4.1.2.4 Mnm View
4.1.2.4.1 Key Strengths/Right To Win
4.1.2.4.2 Strategic Choices
4.1.2.4.3 Weaknesses/Competitive Threats
4.1.3 Hp Development Company, L.P.
4.1.3.1 Business Overview
4.1.3.2 Products/Solutions/Services Offered
4.1.3.3 Recent Developments
4.1.3.3.1 Product Launches
4.1.3.3.2 Deals
4.1.3.3.3 Others
4.1.3.4 Mnm View
4.1.3.4.1 Key Strengths/Right To Win
4.1.3.4.2 Strategic Choices
4.1.3.4.3 Weaknesses/Competitive Threats
4.1.4 3d Systems, Inc.
4.1.4.1 Business Overview
4.1.4.2 Products/Solutions/Services Offered
4.1.4.3 Recent Developments
4.1.4.3.1 Product Launches
4.1.4.3.2 Deals
4.1.4.3.3 Others
4.1.4.4 Mnm View
4.1.4.4.1 Key Strengths/Right To Win
4.1.4.4.2 Strategic Choices
4.1.4.4.3 Weaknesses/Competitive Threats
4.1.5 General Electric
4.1.5.1 Business Overview
4.1.5.2 Products/Solutions/Services Offered
4.1.5.3 Recent Developments
4.1.5.3.1 Product Launches
4.1.5.3.2 Deals
4.1.5.3.3 Others
4.1.5.4 Mnm View
4.1.5.4.1 Key Strengths/Right To Win
4.1.5.4.2 Strategic Choices
4.1.5.4.3 Weaknesses/Competitive Threats
4.1.6 Materialise Nv
4.1.6.1 Business Overview
4.1.6.2 Products/Solutions/Services Offered
4.1.6.3 Recent Developments
4.1.6.3.1 Product Launches
4.1.6.3.2 Deals
4.1.6.3.3 Others
4.1.7 Desktop Metal, Inc.
4.1.7.1 Business Overview
4.1.7.2 Products/Solutions/Services Offered
4.1.7.3 Recent Developments
4.1.7.3.1 Product Launches
4.1.7.3.2 Deals
4.1.8 Voxeljet Ag
4.1.8.1 Business Overview
4.1.8.2 Products/Solutions/Services Offered
4.1.8.3 Recent Developments
4.1.8.3.1 Product Launches
4.1.8.3.2 Deals
4.1.8.3.3 Others
4.1.9 Slm Solutions (Acquired By Nikon India Pvt Ltd)
4.1.9.1 Business Overview
4.1.9.2 Products/Solutions/Services Offered
4.1.9.3 Recent Developments
4.1.9.3.1 Product Launches
4.1.9.3.2 Deals
4.1.10 Renishaw Plc.
4.1.10.1 Business Overview
4.1.10.2 Products/Solutions/Services Offered
4.1.10.3 Recent Developments
4.1.10.3.1 Deals
4.2 Other Players
4.2.1 Protolabs
4.2.2 Optomec, Inc.
4.2.3 Prodways Group
4.2.4 Ultimaker
4.2.5 Tiertime
4.2.6 Xyzprinting
4.2.7 Höganäs Ab
4.2.8 Uniontech
4.2.9 Nexa3d
4.2.10 Trumpf
4.2.11 Formlabs
4.2.12 Markforged
4.2.13 Carbon
4.2.14 Nano Dimension
4.2.15 Rapid Shape Gmbh
5 Appendix
5.1 Introduction
5.1.1 Market Definition
5.1.1.1 Inclusions And Exclusions
5.2 Limitations
5.3 Stakeholders
5.4 Recession Impact
5.5 Research Methodology
5.5.1 Research Data
5.5.1.1 Secondary Data
5.5.1.1.1 Key Secondary Sources
5.5.1.1.2 Key Data From Secondary Sources
5.5.1.2 Primary Data
5.5.1.2.1 Primary Interviews With Experts
5.5.1.2.2 Key Data From Primary Sources
5.5.1.2.3 Key Industry Insights
5.5.1.2.4 Breakdown Of Primaries
5.6 Data Triangulation
5.6.1 Research Assumptions
5.6.2 Risk Assessment
5.6.3 Parameters Considered To Analyze Impact Of Recession On 3d Printing Market
5.7 Author Details

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