Market Definition:
The Global 3D Printing Market size was valued at USD 12.96 billion in 2019; is expected a hike of USD 107.52 billion by 2030, witnessing a CAGR of 21.2% from 2020-2030. 3D printing is an additive manufacturing technique that builds a three-dimensional object from computer aided design model, by adding layers of the preferred material; shaping them into accurate shapes with precise geometries, in-order to obtain perfectly finished three-dimensional products. Materials used in the manufacturing process include various types of polymers, ceramics, vivid varieties of metals, silicon, and many more.
Market Dynamics and Trends:
The global 3D printing market is on a spur with tremendous technological advancements taking place. Also, wide application of the 3D printers and next-gen infrastructures, shall raise the growth chart of 3D printing market during the forecast period. Besides, growing demand of customized products is anticipated to fuel-up the market growth. Moreover, high accuracy, perfect precision, reduced error with reduction in the manufacturing cost, shall enhance the growth of 3D printing market during the forecast period.
However, high cost of 3D printing and lack of skilled labour may impede the market growth. On the other hand, factors such as cumulative increase of 3D printing applications in the construction industry, health-care industry, fashion industry, followed by innovations and R&D’s, are expected to create numerous opportunities in the 3D printing market over the forecast period.
Market Segmentations and Scope of the Study:
The global 3D printing market share has been analyzed based on component, technology, end user and geography. Based on component, the market is fragmented into software, services and hardware. Based on technology, the market is divided into SLA, FDM, SLS, EBM, DLP, and Others. Based on end user, the market is divided into automotive, healthcare, industrial, consumer electronics, aerospace & defense, and others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.
Geographical Analysis:
North America holds the major market share owing to its advanced technology and infrastructure. Besides, increased demand of customized products with high disposable income shall definitely support the growth of 3D printing market.
The emerging economies, specifically the Asia Pacific region shall witness a significant growth in 3D printing market size, with gradual increase in market share owing to its wide application in various industry verticals. Benefits like high efficiency, time-saving, cost-saving and reduced errors shall considerably augment the market growth in the upcoming years.
Competitive Landscape:
The highly competitive 3D printing market engrosses various market players. Some of the major market players are Arcam AB, 3D Systems, Stratasys Ltd, Autodesk, Inc., Hoganas AB, The ExOne Company, Organovo Holdings, Inc., Optomec, Inc., Voxeljet AG and Ponoko Limited among others. The past endeavors and futuristic advancements, sum-up to comprehend the overall market growth. The 3D market size is growing vehemently from the past few years.
KEY MARKET SEGMENTS:
Global 3D Printing Market - By Technology Type
Global 3D Printing Market - By Component
Global 3D Printing Market - By End User
Global 3D Printing Market -By Geography
The Global 3D Printing Market size was valued at USD 12.96 billion in 2019; is expected a hike of USD 107.52 billion by 2030, witnessing a CAGR of 21.2% from 2020-2030. 3D printing is an additive manufacturing technique that builds a three-dimensional object from computer aided design model, by adding layers of the preferred material; shaping them into accurate shapes with precise geometries, in-order to obtain perfectly finished three-dimensional products. Materials used in the manufacturing process include various types of polymers, ceramics, vivid varieties of metals, silicon, and many more.
Market Dynamics and Trends:
The global 3D printing market is on a spur with tremendous technological advancements taking place. Also, wide application of the 3D printers and next-gen infrastructures, shall raise the growth chart of 3D printing market during the forecast period. Besides, growing demand of customized products is anticipated to fuel-up the market growth. Moreover, high accuracy, perfect precision, reduced error with reduction in the manufacturing cost, shall enhance the growth of 3D printing market during the forecast period.
However, high cost of 3D printing and lack of skilled labour may impede the market growth. On the other hand, factors such as cumulative increase of 3D printing applications in the construction industry, health-care industry, fashion industry, followed by innovations and R&D’s, are expected to create numerous opportunities in the 3D printing market over the forecast period.
Market Segmentations and Scope of the Study:
The global 3D printing market share has been analyzed based on component, technology, end user and geography. Based on component, the market is fragmented into software, services and hardware. Based on technology, the market is divided into SLA, FDM, SLS, EBM, DLP, and Others. Based on end user, the market is divided into automotive, healthcare, industrial, consumer electronics, aerospace & defense, and others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.
Geographical Analysis:
North America holds the major market share owing to its advanced technology and infrastructure. Besides, increased demand of customized products with high disposable income shall definitely support the growth of 3D printing market.
The emerging economies, specifically the Asia Pacific region shall witness a significant growth in 3D printing market size, with gradual increase in market share owing to its wide application in various industry verticals. Benefits like high efficiency, time-saving, cost-saving and reduced errors shall considerably augment the market growth in the upcoming years.
Competitive Landscape:
The highly competitive 3D printing market engrosses various market players. Some of the major market players are Arcam AB, 3D Systems, Stratasys Ltd, Autodesk, Inc., Hoganas AB, The ExOne Company, Organovo Holdings, Inc., Optomec, Inc., Voxeljet AG and Ponoko Limited among others. The past endeavors and futuristic advancements, sum-up to comprehend the overall market growth. The 3D market size is growing vehemently from the past few years.
KEY MARKET SEGMENTS:
Global 3D Printing Market - By Technology Type
- SLA
- FDM
- SLS
- EBM
- DLP
- Others
Global 3D Printing Market - By Component
- Hardware
- Software
- Services
Global 3D Printing Market - By End User
- Automotive
- Healthcare
- Industrial
- Consumer electronics
- Aerospace & defense
- Others
Global 3D Printing Market -By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Netherlands
- Norway
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- RoW
- Latin America
- Middle East
- Africa
Table of Contents
1. Introduction
2. Market Snapshot, 2019-2030 Million USD
4. Market Dynamics
5. Global 3D Printing Market, by Technology Type
6. Global 3D Printing Market, by Component
7. Global 3D Printing Market, by End-user
8. Global 3D Printing Market, by Region
9. Company Profiles
Executive Summary
3D Printing: Global Market Size, Trends, Competitive, Historical & Forecast Analysis, 2020 - 2030- High accuracy, perfect precision, reduced error with reduction in the manufacturing cost, are expected to drive the growth of 3D printing market.3D printing is an additive manufacturing technique that builds a three-dimensional object from computer aided design model, by adding layers of the preferred material; shaping them into accurate shapes with precise geometries, in-order to obtain perfectly finished three-dimensional products.
The global 3D printing market is on a spur with tremendous technological advancements taking place. Also, wide application of the 3D printers and next-gen infrastructures, shall raise the growth chart of 3D printing market during the forecast period. Besides, growing demand of customized products is anticipated to fuel-up the market growth. However, high cost of 3D printing and lack of skilled labour may impede the market growth.
The global 3D printing market share has been analyzed based on component, technology, end user and geography. Based on component, the market is fragmented into software, services and hardware. Based on technology, the market is divided into SLA, FDM, SLS, EBM, DLP, and Others. Based on end user, the market is divided into automotive, healthcare, industrial, consumer electronics, aerospace & defense, and others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Arcam AB
- 3D Systems
- Stratasys Ltd
- Autodesk, Inc.
- Hoganas AB
- The ExOne Company
- Organovo Holdings, Inc.
- Optomec, Inc.
- Voxeljet AG
- Ponoko Limited
