Report ID: SQMIG20I2253
Industrial 3D Printing Market Size, Share, Growth Analysis, By Component(3D Printers, 3D Printing Software, and 3D Printing Services), By Technology(SLA, FDM, SLS, and Others), By Application(Rapid Prototyping, Tools & Fixtures, Production Parts, and Others), By End User(Automotive, Healthcare & Medical Devices, Oil & Gas, Electronics & Electricals), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG20I2253 |
Region:
Global |
Published Date: March, 2024
Pages:
166
|
Tables:
121 |
Figures:
71
Industrial 3D Printing Market Insights
Global Industrial 3D Printing Market size was valued at USD 2.5 billion in 2022 and is poised to grow from USD 3.03 billion in 2023 to USD 13.9 billion by 2031, growing at a CAGR of 21% in the forecast period (2024-2031).
The growing proliferation of advanced technologies in the industrial sector and faster turnaround times of 3D printing are forecasted to primarily bolster the demand for industrial 3D printing over the coming years. Advancements in 3D printing technology are also slated to play a vital role in determining future market development. The rising adoption of automation and other advanced manufacturing techniques in the industrial sector will also uplift the sales of industrial 3D printing products going forward. Low waste, better profitability, and less margin of error are some key benefits that could promote the adoption of industrial 3D printing across the forecast period and beyond. Rapidly increasing industrialization and high demand for efficient high volume production techniques could also favor the industrial 3D printing market growth in the long run.
Industrial 3D Printing Market Report Snapshots
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