Global 3D Printing Market

3D Printing Market Size, Share, Growth Analysis, By Type(Plastics, Metals, Ceramics, and Others), By End-users(Automotive, Aerospace & Defense, Industrial, Medical), By Software(Design Software, Inspection Software, Printer Software, and Scanning Software), By Technology(Stereolithography, Fused Deposition Modeling (FDM), Direct Metal Laser Sintering (DMLS), Selective Laser Sintering (SLS)), By Component(Hardware, Software, Services), By Region - Industry Forecast 2025-2032


Report ID: SQMIG45I2161 | Region: Global | Published Date: June, 2024
Pages: 157 | Tables: 187 | Figures: 79

3D Printing Market Insights

3D Printing Market size was valued at USD 20.65 Billion in 2023 and is poised to grow from USD 25.46 Billion in 2024 to USD 135.99 Billion by 2032, growing at a CAGR of 23.3% during the forecast period (2025-2032).

According to the survey, 32% of people in the automotive, aerospace and aerospace sector use 3D printing materials to make or build devices. Many complex technologies such as Fused Filament Fabrication (FFF) are used to produce prototypes and end-use parts. Plastic is considered the main driver of this segment, which uses detailed, accurate, flexible 3D printed scales in the automotive industry to showcase innovative vehicle concepts and designs. Furthermore, new technologies and innovations contribute to the growth of the market during the forecast period. 

The industrial application of 3D printing is often referred to as additive manufacturing (AM). Additive manufacturing involves assembling materials layer by layer to produce products by specifying a three-dimensional file with the help of software and a 3-dimensional printer. The final step is to implement this framework in different business verticals based on the need. 

Deployment includes providing installation services, consulting solutions, and customer support, and handling aspects of copyright, licensing and patenting. As a result, manufacturing costs have been significantly reduced, and manufacturers can offer excellent products at reasonable prices. Due to these advantages, it is expected that the demand for 3D printers will increase in the coming years.

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3D Printing Market size was valued at USD 20.65 Billion in 2023 and is poised to grow from USD 25.46 Billion in 2024 to USD 135.99 Billion by 2032, growing at a CAGR of 23.3% during the forecast period (2025-2032).

The competitive environment of the Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry.  'Protolabs (United States) ', 'Arcam AB (Sweden) ', 'Voxeljet AG (Germany) ', 'ExOne Company (United States) ', 'Organovo Holdings, Inc. (United States) ', 'Autodesk, Inc. (United States) ', 'Hoganas AB (Sweden) ', 'Stratasys Ltd. (United States/Israel) ', '3D Systems Corporation (United States) ', 'XYZprinting, Inc. (Taiwan) ', 'Höganäs AB (Sweden) ', 'Optomec Inc. (United States) ', 'Mcor Technologies Ltd. (Ireland) ', 'Carbon Inc. (United States) ', 'Desktop Metal, Inc. (United States) ', 'Nano Dimension Ltd. (Israel) ', 'Prodways Group (France) ', 'Beijing Tiertime Technology Co., Ltd. (China) ', 'Ultimaker B.V. (Netherlands) ', 'EnvisionTEC GmbH (Germany)'

3D printing is increasingly used in the automotive industry to create scale models for testing purposes. They are also used for components, such as bellows, front bumpers, air conditioning ducting, suspension wishbones, dashboard interfaces, alternator mounting brackets, battery covers, etc. Automotive OEM manufacturers use 3D printing for rapid prototyping. 

Education is one of the fastest growing sectors in the 3D printing market during the forecast period. Although the use of 3D printing in education is still in its infancy, many institutions have begun to set up 3D printing facilities. 3D printing technology is also transforming the traditional classroom. Engineering students can print samples of their designs; Biology students can research a cross-section of an organ, and graphic design students can 3D print their artwork. 3D printing is very useful in creating interactive maps to teach geography to students. Moreover, governments in various countries are investing heavily in 3D printing technology.

North America is expected to dominate the market during the forecast period. The region accounts for approximately 23% of the global 3D printing materials sales value. Positive trends in the medical, aerospace and aerospace industries will drive the market growth in North America 3D printing adoption in many industries and enhanced material options will have potential growth. Measures taken by the US government to increase funding for research and development will increase the adoption of 3D printing materials and equipment in the region. 

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Global 3D Printing Market

Report ID: SQMIG45I2161

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