Global 3D Printing Market was Valued at USD 15.2 billion in 2022 and is Expected to Reach USD 41.8 billion by 2030, Observing a CAGR of 17.2% during 2023–2030

Published Date: Jul, 2023

The global 3D printing market was valued at USD 15.2 billion in 2022 and is expected to grow at a CAGR of 17.2% during the forecast period. Globally industry players in 3D printing market are leveraging market growth through the development of innovative solutions. The vendors of 3D printing technology are providing various solutions to users such as customization, cost efficiencies, developing new products and are further improving productivity with the help of latest technologies.

Key players in the 3D printing market are investing heavily towards improvising the quality of product and developing the latest technologies that is further strengthening their position in the market. Moreover, local vendors are developing new products to develop cost efficiencies in their business processes thereby extending the rivalry in the market to certain.  

Aerospace & defense is the key end user segment in the 3D printing market in 2022

Based upon end-user verticals, 3D printing market is segmented into healthcare, automotive, printed electronics, architecture & construction, consumer products, education, aerospace & defense, jewelry, energy, industrial, food & culinary and others. Aerospace & defense is the key end user segment owing to 3D printing technique use in different applications for developing products that require superior quality and performance.

Geography Insight

Geographically, North America is the largest 3D printing market in since the region is constantly revamping their technology and increasingly using 3D printing technology in healthcare and aerospace and defense domain. Furthermore, increasing demand for customized products by the customers and need for reducing operational costs by several business organizations is driving the demand for 3D printing in this region.

Competitive Insight

Some of the major players operating in the global 3D printing market include Materialise NV, Stratasys Ltd., 3D Systems Corporation, Envisiontec GmbH, The Exone Company, Sciaky Inc., Voxeljet AG, SLM Solutions Group AG., Proto Labs, Arcam Group, and Mcor Technologies Ltd.

Key Takeaway from the Report:

  • Among all the printer, desktop 3D printers are anticipated to witness fastest growth during the forecast period.
  • Of all material type, plastic contributed largest revenue to the market in 2022.
  • Among all the form, liquid category accounted for the foremost share in the 3D printing market in 2022.
  • Of all the application, the tooling application segment accounted for a foremost share in the 3D printing market in 2022.
  • Among all the process, Powder bed fusion segment is expected to account the highest market share in 2022 and is also expected to grow at fastest rate during the forecast period.
  • Of all the end-user vertical, Aerospace & defense is the key end user segment in the market.

The Report Offers:

  • Historical market estimate for the years 2015–2020 and forecast for the years 2023–2030
  • Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
  • Market insights by in-depth segmentation with industry dynamics.
  • Competitive analysis and benchmarking of the industry leaders and their product offerings
  • Profiles of leading players and innovators, their financial overview and product portfolio
  • Analysis of key industry trends and recent developments
  • Value chain analysis and distribution channel analysis with opportunity assessment
  • Market share analysis of major players

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The report provides the market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue (USD Million). The report segments the global 3D printing market on the basis of printer, material type, form, application, process, end-user vertical, and region.

 

Global 3D Printing Market Coverage

Printer Insight and Forecast 2018-2030

  • Industrial Printer
  • Desktop 3D Printers

Material Type Insight and Forecast 2018-2030

  • Metals
  • Wax
  • Plastics
  • Laywood
  • Ceramics
  • Paper
  • Bio-Compatible Material

Form Insight and Forecast 2018-2030

  • Liquid
  • Filament
  • Powder

Process Insight and Forecast 2018-2030

  • Material Extrusion
  • Binder Jetting
  • Vat Photopolymerization
  • Direct Energy Deposition
  • Powder Bed Fusion
  • Material Jetting
  • Sheet Lamination

Application Insight and Forecast 2018-2030

  • Tooling
  • Prototyping
  • Functional Parts

End-User Vertical Insight and Forecast 2018-2030

  • Healthcare
  • Automotive
  • Printed Electronics
  • Architecture & Construction
  • Consumer Products
  • Education
  • Aerospace & Defense
  • Jewelry
  • Energy
  • Industrial
  • Food & Culinary
  • Others

Geographical Segmentation

3D Printing Market by Region

North America

  • By Printer
  • By Material Type
  • By Form
  • By Process
  • By Application
  • By End-User Vertical
  • By Country – U.S., Canada, and Mexico

Europe

  • By Printer
  • By Material Type
  • By Form
  • By Process
  • By Application
  • By End-User Vertical
  • By Country – Germany, U.K., France, Italy, Spain, and Rest of Europe

Asia-Pacific (APAC)

  • By Printer
  • By Material Type
  • By Form
  • By Process
  • By Application
  • By End-User Vertical
  • By Country – China, Japan, India, South Korea, Singapore, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Printer
  • By Material Type
  • By Form
  • By Process
  • By Application
  • By End-User Vertical
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries