Rapid Prototyping Market Report: Trends, Forecast and Competitive Analysis to 2030

Rapid Prototyping Market Trends and Forecast

The future of the global rapid prototyping market looks promising with opportunities in the aerospace & defense, healthcare, transportation, consumer goods & electronics, and manufacturing & construction markets. The global rapid prototyping market is expected to reach an estimated $12.9 billion by 2030 with a CAGR of 15.2% from 2024 to 2030. The major drivers for this market are increasing demand for 3D printing based products, widespread use of this technique by manufacturers to design and test products instantly,and introduction of 3D computer-aided software.

A more than 150-page report is developed to help in your business decisions.

Rapid Prototyping Market by Segment

The study includes a forecast for the global rapid prototyping market by material, technology, end use industry, and region.

Rapid Prototyping Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• Thermoplastics
• Metals and Alloys
• Ceramics
• Others

Rapid Prototyping Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Stereolithography (SLA)
• Selective Laser Sintering (SLS)
• Digital Light Processing (DLP)
• Fused Deposition Modeling (FDM)
• Others

Rapid Prototyping Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Aerospace & Defense
• Healthcare
• Transportation
• Consumer Goods & Electronics
• Manufacturing & Construction

Rapid Prototyping Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Rapid Prototyping Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies rapid prototyping companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the rapid prototyping companies profiled in this report include-

• 3D Systems
• Arkema
• Stratasys
• Royal DSM
• Electro Optical Systems
• CRP Group
• Envisiontec
• Materialise NV
• Oxford Performance Materials

Rapid Prototyping Market Insights

Lucintel forecast that thermoplastics is expected to witness highest growth over the forecast period due to its significant application in manufacturing and consumer goods sectors owing to its excellent strength, stiffness, durability, and resistance to moisture and temperature.

Manufacturing & construction will remain the largest segment due to continual expansion of industrial manufacturing and increasing use of rapid prototyping as a novel manufacturing method.

North America is expected to witness highest growth over the forecast period due to the continous expansion of industrial units, expanding use of rapid prototyping technique in medical and aerospace and defense products, presene of key players in the region.

Features of the Global Rapid Prototyping Market

Market Size Estimates: Rapid prototyping market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Rapid prototyping market size by material, technology,end use industry, and region. in terms of value ($B).

Regional Analysis: Rapid prototyping market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different material, technology,end use industry, and region. for the rapid prototyping market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the rapid prototyping market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the rapid prototyping market size?

Answer: The global rapid prototyping market is expected to reach an estimated $12.9 billion by 2030.

Q.2. What is the growth forecast for rapid prototyping market?

Answer: The global rapid prototyping market is expected to grow with a CAGR of 15.2% from 2024 to 2030

Q.3. What are the major drivers influencing the growth of the rapid prototyping market?

Answer: The major drivers for this market are increasing demand for 3D printing based products, widespread use of this technique by manufacturers to design and test products instantly, and introduction of 3D computer-aided software.

Q.4. What are the major segments for rapid prototyping market?

Answer: The future of the rapid prototyping market looks promising with opportunities in the aerospace & defense, healthcare, transportation, consumer goods & electronics, and manufacturing & construction markets.

Q.5. Who are the key rapid prototyping market companies?

Answer: Some of the key rapid prototyping companies are as follows:

• 3D Systems
• Arkema
• Stratasys
• Royal DSM
• Electro Optical Systems
• CRP Group
• Envisiontec
• Materialise NV
• Oxford Performance Materials

Q.6. Which rapid prototyping market segment will be the largest in future?

Answer: Lucintel forecast that thermoplastics is expected to witness highest growth over the forecast period due to its significant application in manufacturing and consumer goods sectors owing to its excellent strength, stiffness, durability, and resistance to moisture and temperature.

Q.7. In rapid prototyping market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to the continous expansion of industrial units, expanding use of rapid prototyping technique in medical and aerospace and defense products, presene of key players in the region.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the rapid prototyping market by material (thermoplastics, metals and alloys, ceramics, and others), technology (stereolithography (SLA), selective laser sintering (SLS), digital light processing (DLP), fused deposition modeling (FDM), and others), end use industry (aerospace & defense, healthcare, transportation, consumer goods & electronics, and manufacturing & construction), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?