Powder Bed Fusion Three-Dimensional (3D) Printing Technology Market Report 2025

This Powder Bed Fusion Three-Dimensional (3D) Printing Technology Market report delivers an in-depth analysis of the market’s key characteristics, including size, growth potential, and segmentation. It provides a detailed breakdown of the market across major regions and leading countries, highlighting historical data and future growth projections. The report also examines the competitive landscape, market share insights, emerging trends, and strategic developments shaping the market.

The powder bed fusion three-dimensional (3D) printing technology market size has grown rapidly in recent years. It will grow from $2.57 billion in 2024 to $3.07 billion in 2025 at a compound annual growth rate (CAGR) of 19.4%. The growth during the historic period can be attributed to the rising preference for additive manufacturing (AM), increasing demand for customized and innovative solutions, a growing number of vendors, expanding applications in the medical sector, and the increasing adoption of PBF technology.

The powder bed fusion three-dimensional (3D) printing technology market size is expected to see rapid growth in the next few years. It will grow to $6.16 billion in 2029 at a compound annual growth rate (CAGR) of 19.1%. The growth in the forecast period can be driven by increasing investments in aerospace and defense, the expanding availability of PBF machines, rising demand for complex geometries, the growing need for customized medical devices, and the expanding applications of PBF technology in the aerospace and automotive industries. Key trends during this period include advancements in speed and precision for metal PBF printing, the integration of multiple lasers, real-time process monitoring, hybrid manufacturing integration, the development of new alloys, and the emergence of high-performance polymers.

The expansion of the aerospace and defense industry is expected to drive the growth of the powder bed fusion (PBF) 3D printing technology market. Aerospace and defense encompass industries involved in the development, production, and maintenance of aircraft, spacecraft, and military systems, including technologies for national security, space exploration, and aviation. The industry's growth is fueled by rising defense budgets, advancements in fuel-efficient technologies, and the increasing demand for next-generation military and commercial aircraft. Powder bed fusion (PBF) 3D printing technology plays a crucial role in aerospace and defense manufacturing by enabling the production of lightweight, high-strength, and complex components that traditional manufacturing methods struggle to create. This technology enhances efficiency, performance, and sustainability in the sector. For example, in September 2024, the Aerospace Industries Association (AIA), a U.S.-based aerospace and defense company, reported that the U.S. aerospace and defense industry surpassed $955 billion in sales in 2023, marking a 7.1% increase compared to the previous year. This growth in the industry is directly contributing to the expansion of the powder bed fusion (PBF) 3D printing technology market.

Leading companies in the powder bed fusion (PBF) 3D printing technology market are investing in the development of advanced products, such as selective laser sintering (SLS) printers, to cater to the rising demand for high-performance 3D-printed components. A selective laser sintering (SLS) printer operates by using a high-powered laser to fuse powdered materials layer by layer, selectively heating specific areas based on a digital design to bond the powder into solid structures. In November 2024, EOS GmbH, a Germany-based provider of 3D printing solutions, introduced the P3 NEXT 3D printer. This new model offers up to 50% increased productivity and a 30% reduction in total cost of ownership compared to its predecessor, the EOS P 396. With a compact design and advanced features such as improved scanning algorithms and enhanced material efficiency, the P3 NEXT supports various industries, including aerospace and medical sectors. It enables large-scale production while ensuring high quality and sustainability. EOS highlights that the growth of additive manufacturing will be driven by innovative production applications made possible through such advancements.

In August 2024, Formlabs, Inc., a U.S.-based technology company, acquired Micronics, Inc. for an undisclosed amount. This acquisition aims to strengthen Formlabs' selective laser sintering (SLS) 3D printing capabilities, expand access to advanced 3D printing solutions, and empower product designers, engineers, and innovators to develop more creative and robust end-use parts. Micronics, Inc. is a U.S.-based 3D printing company specializing in the manufacturing of desktop selective laser sintering (SLS) 3D printers.

Major players in the powder bed fusion three-dimensional (3d) printing technology market are HP Inc., Dyndrite Corporation, TRUMPF GmbH + Co. KG, Renishaw plc, Stratasys Ltd., 3D Systems Inc., Protolabs Inc., Indo-MIM Pvt. Ltd., Xometry Inc., Formlabs Inc., Materialise, Velo3D Inc., ExOne Company, Shining 3D Technology Co. Ltd., Concurrent Technologies Corporation, Farsoon Technologies, Eplus3D Tech GmbH, ONA Electroerosión S.A., EOS GmbH, Aconity 3D GmbH, SamyLabs.

North America was the largest region in the powder bed fusion three-dimensional (3D) printing technology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in powder bed fusion three-dimensional (3D) printing technology report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the powder bed fusion three-dimensional (3D) printing technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Powder bed fusion (PBF) 3D printing technology is an additive manufacturing process that utilizes a heat source, such as a laser or electron beam, to selectively fuse powdered material layer by layer. It is commonly used for producing high-precision, complex metal and polymer parts. PBF enables the fabrication of lightweight, durable components with intricate geometries that are difficult to achieve using traditional manufacturing methods.

The key components of powder bed fusion 3D printing technology include hardware, software, services, and materials. Hardware consists of the physical equipment responsible for precise layer-by-layer material fusion to form the final object. This technology encompasses various methods, such as multi-jet fusion, selective laser sintering, direct metal laser sintering or selective laser melting, and electron beam melting. It is widely adopted across multiple industries, including healthcare, automotive, aerospace and defense, and others.

The powder bed fusion three-dimensional (3D) printing technology market research report is one of a series of new reports that provides powder bed fusion three-dimensional (3D) printing technology market statistics, including the powder bed fusion three-dimensional (3D) printing technology industry global market size, regional shares, competitors with the powder bed fusion three-dimensional (3D) printing technology market share, detailed powder bed fusion three-dimensional (3D) printing technology market segments, market trends, and opportunities, and any further data you may need to thrive in the powder bed fusion three-dimensional (3D) printing technology industry. This powder bed fusion three-dimensional (3D) printing technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The powder bed fusion three-dimensional (3D) printing technology market consists of revenues earned by entities providing services such as rapid prototyping, custom part manufacturing, high-performance component production, and repair and replacement of critical parts. The market value includes the value of related goods sold by the service provider or included within the service offering. The powder bed fusion (PBF) 3D printing technology market also includes sales of build chambers, powder recoaters, high-energy heat sources, and post-processing equipment. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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