PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1773181
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1773181
The 3D printing market is expected to be worth USD 16.16 billion in 2025 and is estimated to reach USD 35.79 billion by 2030, growing at a CAGR of 17.2%. The growth of the 3D printing market is driven by its ability to produce complex, customized parts with high precision and efficiency, which is particularly beneficial in industries like aerospace and healthcare. Advancements in 3D printing materials have further enhanced their applications, enabling lightweight and structurally optimized components. Additionally, the technology's emergence in new verticals such as automotive, printed electronics, jewelry, and education is expanding its market reach and accelerating adoption across diverse sectors.
Scope of the Report | |
---|---|
Years Considered for the Study | 2021-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD Billion) |
Segments | By Offering, Technology, Process, Application, Vertical, and Region |
Regions covered | North America, Europe, APAC, RoW |
"Fused deposition modeling (FDM) technology is projected to lead the 3D printing market."
Fused deposition modeling (FDM) holds a significant market share in the 3D printing sector due to its versatility, cost-effectiveness, and ease of use. It is widely adopted across industries for prototyping, functional parts, and low-volume manufacturing. FDM technology constructs parts layer-by-layer using thermoplastic filaments, offering reliable output, material strength, and compatibility with various engineering-grade materials. For instance, Airbus, Boeing, and the US Department of Defense use FDM for lightweight parts in aerospace applications, where precision and performance are critical. In November 2023, Stratasys showcased its latest FDM 3D printer at the Formnext conference in Frankfurt, Germany, highlighting its faster print speeds, better uptime, and reduced costs. FDM's accessibility also contributes to its popularity in education and small businesses. The technology supports rapid iteration, making it ideal for product design, customized tools, and functional prototyping. Additionally, FDM supports materials with specialized properties like toughness, UV resistance, biocompatibility, and electrostatic dissipation, enabling use in sectors like automotive, electronics, and healthcare. Its ability to reduce product cycle time and accelerate innovation is crucial. For example, automotive companies use FDM for jigs, fixtures, and under-the-hood components, saving time and cost compared to traditional tooling. These instances demonstrate how FDM meets performance, affordability, and application demands, ensuring its continued market leadership.
"Asia Pacific is estimated to witness the highest CAGR during the forecast period."
The 3D printing market in Asia Pacific is projected to grow at the highest CAGR during the forecast period, with Japan and China being the major contributors. The market in India is expected to grow at the highest CAGR as it has huge potential in 3D printing applications. The establishment of the centers for 3D printing research, training, and education, and the efforts by leading players, such as Stratasys (US), 3D Systems (US), EOS GmbH (Germany), ExOne (US), Desktop Metal (US), to expand their distribution networks to the emerging markets in the Asian countries, are expected to drive the market in Asia Pacific. Government support for 3D printing technology and the demand for 3D-printed products and printers for rapid prototyping are a few other driving factors of the 3D printing market in this region. XYZprinting (Taiwan), Beijing Tiertime Technology (China), and Shenzhen Hueway Technology (China), among others, are several leading 3D printing companies operating in Asia Pacific. As technology advances and competition increases, the cost of 3D printing will decrease, further boosting market growth. The region's proactive policies and investments in research and development attract renowned companies to establish their operations, particularly in countries like China, South Korea, and Japan, highlighting the immense potential of the Asia Pacific 3D printing market in the foreseeable future.
The report profiles key players in the 3D printing market with their respective market ranking analysis. Prominent players profiled in this report are Stratasys (US), EOS GmbH (Germany), HP Development Company, L.P. (US), 3D Systems, Inc. (US), General Electric Company (US), Materialise (Belgium), Nano Dimension (US), voxeljet AG (Germany), SLM Solutions (Germany), Renishaw plc. (UK), among others.
Apart from this, Proto Labs, Inc. (US), Optomec, Inc. (US), Prodways Group (France), UltiMaker (Netherlands), Beijing Tiertime Technology (China), XYZprinting (Taiwan), Hoganas AB (Sweden), UnionTech (China), Nexa3D (US), TRUMPF (Germany), Formlabs (US), Shapeways (US), Carbon, Inc. (US), NanoVoxel (North Carolina), Rapid Shape GmbH (Germany) are among a few emerging companies in the 3D printing market.
This research report categorizes the 3D printing market based on offering, technology, process, application, vertical, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the 3D printing market and forecasts the same till 2030. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the 3D printing ecosystem.
Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall 3D printing market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.