3D Printing Market

3D Printing Market Size, Share & Industry Growth Analysis Report by Offering (Printer, Material, Software, Service), Process (Binder Jetting, Direct Energy Deposition, Material Extrusion, Material Jetting, Powder Bed Fusion), Application, Vertical, Technology and Region - Global Growth Driver and Industry Forecast to 2028

Report Code: SE 2936 Apr, 2023, by marketsandmarkets.com

[296 Pages Report]  The global 3D printing market size in terms of revenue was estimated to be worth USD 15.0 billion in 2023 and is poised to reach USD 34.5 billion by 2028, growing at a CAGR of 18.1% from 2023 to 2028. The new research study consists of an industry trend analysis of the market.

Effortlessness in development of tailored products, reduction in manufacturing cost and process downtime, government investment in additive manufacturing-based projects globally, and availability of wide variety of industrial-grade 3D printing materials are the few driving factors for the growth of 3D printing industry.

3D Printing Market

3D Printing Market

3D Printing Market Statistics Forecast to 2028

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3D Printing Market Dynamics

Driver: Global government investment in 3D printing projects

Globally, governments are undertaking initiatives and funding educational institutions, research centers, and research and technology organizations to explore further the opportunities provided by 3D printing technology and encourage its development. The US, the UK, and Canada have implemented national programs for promoting university-level 3D printing research, driving technology advancement and the establishment of start-ups. The emergence of new applications for 3D printing has attracted industrialists and governments worldwide toward the technology. For instance, the UK National Strategy for Additive Manufacturing 2018–2025 aims to achieve EUR 3,500 million gross value added (GVA) per year by 2025 and 60,000 jobs across sectors. The strategy depicts a full set of recommendations developed by workgroups responsible for certain themes.

Restraint: Lack of standardized testing methods to verify mechanical properties of 3D printing materials and high cost of raw materials

More raw materials are available for traditional manufacturing than for 3D printing-based manufacturing processes. 3D printing of products with mixed materials and technology, such as circuit boards, is still under development. Though the technology is a major process breakthrough, the materials that can be used are still limited. Also, the accuracy and reproducibility of the products formed by 3D printing are hampered due to the lack of standardized tests to verify the mechanical properties (strength, toughness, stiffness, and hardness) of the materials used. Another concern is characterizing material properties depending on their suitability in 3D printing. Various available materials have characteristic mechanical properties, porosity, powder composition, particle homogeneity, size, and morphology. Therefore, material characterization and standardization for 3D printing are some of the important issues.

Opportunity: Emerging applications of 3D printing technology in automotive, printed electronics, jewelry, and education fields

3D printing technology is increasingly adopted in industrial manufacturing, especially in the automotive, aerospace, and defense industries. 3D printing has potential opportunities in tooling, jigs and fixtures, injection molding, and production parts manufacturing. 3D printing technology is in an early stage of development across several sectors, such as printed electronics, textiles, footwear, and food and culinary; however, it is experiencing significant adoption from the education, art and architecture, and jewellery industries. The market has been experiencing the advancement of printers and printing technologies, improvement in printing materials, and the development of a skilled workforce. The advancements in printing technology, design tools, software, materials, and printed electronics will allow electronics to be embedded within the structure of the products instead of mounting the printed circuit boards (PCBs) separately within the device. 3D printing finds potential opportunities to eliminate PCBs and produce hearing aids, structural electronics, print sensors, cell phone antennae, batteries, solar cells, light-emitting diodes, and other active and passive devices.

Challenge: Decline in sales of 3D printing devices due to recession impact

During a recession, companies and individuals may reduce their spending on non-essential items such as 3D printers, which could decrease the demand for 3D-printed products. Companies using 3D printers may delay their plans to adopt newer technologies due to financial uncertainty, which could slow down the growth of the 3D printing market. Established players in the 3D printing market may witness a decline in their annual revenues at the end of FY2023 due to the recession. Customers from emerging markets will be looking for low-cost 3D printers, which could increase the competition among established players.

3D Printing Ecosystem

3D Printing Market by Ecosystem

Global 3D Printing Market Segment Overview

Service segment is expected to grow at highest CAGR during the forecast period

With the advancement in printing technology and materials, the 3D printing service sector is garnering significant traction as a source of profit generation compared to the sales of printers and materials.

As the 3D printing technology facilitates manufacturing products with complex geometries and offers competitive pricing compared to traditional manufacturing methods, several companies across several industries are expected to outsource everything, from design to production of customized products, to sustain in the highly competitive markets. As a result, the market for 3D printing services is expected to witness the highest growth rate in the near future.

SLS technology is expected to grow at highest CAGR during the forecast period

Selective laser sintering is the mostly preferred additive manufacturing technology for industrial applications. It is reliable to use due its ability to produce strong, functional parts and hence engineers and manufacturers across different industries prefer this technology.SLS 3D printers comprise of a high-powered laser to fuse small particles of polymer powder. The rising adoption of 3D printing to manufacture functional parts drives market growth.

Functional part manufacturing application is expected to grow at highest CAGR during the forecast period

The rising adoption of 3D printing for end-use part production in various industries drives the functional part manufacturing market growth. 3D printing is becoming a sustainable manufacturing option for certain medium-size production runs, predominantly in areas such as motorsports and luxury vehicles, where production numbers are lower than average.

With over 1 million parts 3D printed in the last decade, BMW is one of the early adopters of 3D printing components. BMW has effectively utilized 3D printing to develop a metal fixture for company’s i8 Roadster model. Also, the rising adoption of 3D printing for end-use product manufacturing in consumer product verticals provides an opportunity for the market.

Automotive is expected to grow at highest CAGR during the forecast period

The automotive vertical is likely to be the fastest-growing vertical in the 3D printing market. The automotive industry has also shifted from using 3D printing for prototyping applications to manufacturing final components and products. The demand for newer, better-performing vehicles and the need to optimize production and streamline supply chains and logistics drive the growth of the market.

Plastics are generally used in prototyping, while metals and special plastics are used to manufacture automotive end parts. The automotive vertical offers a huge potential market for 3D printing in the tooling segment, as a huge gap exists between tooling and automobile production. The number of new model vehicles being launched is increasing yearly, with the growing complexity of the parts involved in these vehicles.

3D Printing Market Share

3D printing market in Asia Pacific is expected to foresee the highest CAGR during the forecast period

The Asia Pacific region is expected to foresee the highest growth of 3D printing solutions during the forecast period. The region has witnessed a significant shift toward prototyping and advanced manufacturing using 3D printing. Government initiatives coupled with extensive research and development capabilities and foreign direct investment (FDI) have accelerated the growth of the market in this region. Technological advancements in China are another important driving factor for the market. China is one of the largest manufacturers of consumer devices and automotive vehicles.

3D Printing Market by Region

3D Printing Market Statistics by Region

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Top 3D Printing Companies - Key Market Players

Major 3D printing companies are include Stratasys (US), 3D Systems (US), Materialise (Belgium), EOS GmbH (Germany), GE (US), Voxeljet (Germany), HP (US), SLM Solutions (Germany), CleanGreen3D Limited (Ireland), Protolabs (US), Optomec (US), Groupe Gorgé (France), Ultimaker (The Netherlands), Renishaw (UK), Beijing Tiertime Technology (China), XYZprinting (Taiwan), Höganäs (Sweden), Covestro (Royal DSM) (Germany), Desktop Metal (US), TRUMPF (Germany), Nano Dimension (Israel), Formlabs (US), Markforged (US), and Carbon (US).

3D Printing Market Report Scope

Report Metric

Details

Estimated Value USD 15.0 billion in 2023
Projected Value USD 34.5 billion by 2028
3D Printing Market Growth Rate CAGR of 18.1%

3D Printing Market size available for years

2019—2028

Base year

2022

Forecast period

2023—2028

Units

Value (USD Million/USD Billion)

Segments covered

Offering, Technology, Process, Application, and Vertical

Geographic regions covered

North America, Europe, Asia Pacific, and RoW

Companies covered

Stratasys (US), 3D Systems (US), EOS GmbH (Germany), Materialise (Belgium), GE (US), Voxeljet (Germany), HP (US), SLM Solutions (Germany), CleanGreen3D Limited (Ireland), Protolabs (US), Optomec (US), Groupe Gorgé (France), Ultimaker (The Netherlands), Renishaw (UK), Beijing Tiertime Technology (China), and XYZprinting (Taiwan) among others

3D Printing Market Highlights

The study categorizes the 3D printing market based on offering, technology, process, application, vertical and region.

Segment

Subsegment

By Offering:

  • Printers
    • Industrial Printers
    • Desktop Printers
  • Materials
    • Plastics
    • Metals
    • Ceramics
    • Others
  • Software
  • Services

By Process

  • Powder Bed Fusion
  • Material Extrusion
  • Vat Photopolymerization
  • Material Jetting
  • Binder Jetting
  • Other Processes

By Technology

  • Fused Deposition Modeling (FDM)
  • Stereolithography (SLA)
  • Selective Laser Sintering (SLS)
  • Direct Metal Laser Sintering (DMLS)
  • PolyJet/MultiJet Printing (MJP)
  • Electron Beam Melting (EBM)
  • Direct Light Projection (DLP)
  • Other Technologies

By Application

  • Prototyping
  • Functional Part Manufacturing
  • Tooling

By Vertical

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

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • South Korea
    • Japan
    • India
    • Rest of Asia Pacific
  • RoW
    • Middle East & Africa
    • South America

Recent Developments in 3D Printing Industry

  • In March 2023, Materialise collaborated with Exactech, which is a developer of innovative instrumentation, implants, and other smart technologies for joint replacement surgery, to provide advanced treatment alternatives for patients with severe shoulder defects.
  • In February 2023, Stratasys collaborated with Ricoh USA, Inc. to offer on-demand 3D-printed anatomic models for clinical settings. Under this agreement, Stratasys’ patient-specific 3D solutions integrated with its 3D printing technology; the cloud-based segmentation-as-a-service solution from Axial3D, a medical technology manufacturer; and precision additive manufacturing services from Ricoh combined to develop a single, convenient solution.
  • In February 2023, Desktop Metal launched Einstein Pro XL, an affordable, high-accuracy, high-throughput 3D printer ideal for dental labs, orthodontists, and other medical device manufacturers.
  • In December 2022, voxeljet developed ULAS-E-VAN (UltraLeicht AufbauStruktur eines Elektrischen VANs– UltraLightweight Body Structure of an Electric VAN); nine partners are developing lightweight solutions for the body structure and a modular battery carrier system of battery-electric powered light commercial vehicles.
  • In October 2022, Stratasys acquired Riven, a quality assurance software company and California-based startup. This acquisition has been made to integrate Riven’s cloud-based software solution into Stratasys’ GrabCAD Additive Manufacturing Platform, benefiting customers using any Stratasys 3D printer running GrabCAD Print software.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 34)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 STUDY SCOPE 
           1.3.1 MARKET SEGMENTATION
                    FIGURE 1 3D PRINTING MARKET SEGMENTATION
           1.3.2 INCLUSIONS AND EXCLUSIONS
           1.3.3 GEOGRAPHIC SCOPE
    1.4 YEARS CONSIDERED 
    1.5 CURRENCY CONSIDERED 
    1.6 UNIT CONSIDERED 
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 40)
    2.1 RESEARCH DATA 
           FIGURE 2 3D PRINTING MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Primary interviews with experts
                    2.1.2.2 Breakdown of primaries
                    2.1.2.3 Key data from primary sources
                    2.1.2.4 Key industry insights
    2.2 MARKET SIZE ESTIMATION 
           FIGURE 3 3D PRINTING MARKET: PROCESS FLOW OF MARKET SIZE ESTIMATION
           2.2.1 TOP-DOWN APPROACH
                    2.2.1.1 Approach to capture market share through top-down analysis (supply side)
                               FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE)
                               FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)
           2.2.2 BOTTOM-UP APPROACH
                    2.2.2.1 Approach to capture market share through bottom-up analysis (demand side)
    2.3 MARKET PROJECTIONS 
    2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 
           FIGURE 6 DATA TRIANGULATION
    2.5 RESEARCH ASSUMPTIONS AND LIMITATIONS 
           2.5.1 ASSUMPTIONS FOR RESEARCH STUDY
           2.5.2 LIMITATIONS
           2.5.3 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION
           2.5.4 RISK ASSESSMENT
 
3 EXECUTIVE SUMMARY (Page No. - 53)
    3.1 RECESSION IMPACT ANALYSIS 
           FIGURE 7 GDP GROWTH PROJECTION TILL 2023 FOR MAJOR ECONOMIES
           FIGURE 8 RECESSION IMPACT ON 3D PRINTING MARKET
           FIGURE 9 SERVICES SEGMENT TO WITNESS HIGHEST CAGR IN MARKET DURING FORECAST PERIOD
           FIGURE 10 SLS TECHNOLOGY TO RECORD HIGHEST CAGR IN MARKET DURING FORECAST PERIOD
           FIGURE 11 FUNCTIONAL PART MANUFACTURING SEGMENT TO EXHIBIT HIGHEST CAGR IN MARKET DURING FORECAST PERIOD
           FIGURE 12 AUTOMOTIVE VERTICAL TO RECORD HIGHEST CAGR IN MARKET DURING FORECAST PERIOD
           FIGURE 13 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN MARKET DURING FORECAST PERIOD
 
4 PREMIUM INSIGHTS (Page No. - 59)
    4.1 ATTRACTIVE OPPORTUNITIES IN 3D PRINTING MARKET 
           FIGURE 14 GROWING DEMAND FROM AUTOMOTIVE, CONSUMER PRODUCTS, AND INDUSTRIAL VERTICALS TO CREATE OPPORTUNITIES FOR PLAYERS IN MARKET
    4.2 3D PRINTING MARKET, BY PRINTER TYPE 
           FIGURE 15 INDUSTRIAL SEGMENT TO DOMINATE MARKET FOR 3D PRINTERS FROM 2023 TO 2028
    4.3  MARKET, BY PROCESS 
           FIGURE 16 POWDER BED FUSION SEGMENT TO LEAD MARKET THROUGHOUT FORECAST PERIOD
    4.4 MARKET IN NORTH AMERICA, BY OFFERING AND COUNTRY 
           FIGURE 17 PRINTERS SEGMENT AND US TO ACCOUNT FOR LARGEST SHARE OF MARKET, IN TERMS OF VALUE, IN 2023
    4.5 MARKET, BY REGION 
           FIGURE 18 MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 62)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: 3D PRINTING MARKET
           FIGURE 20 IMPACT OF DRIVERS ON MARKET
           FIGURE 21 IMPACT OF OPPORTUNITIES ON MARKET
           FIGURE 22 IMPACT OF RESTRAINTS AND CHALLENGES ON MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Ease in development of customized products
                    5.2.1.2 Reduction in manufacturing cost and process downtime
                    5.2.1.3 Global government investment in 3D printing projects
                               TABLE 1 GLOBAL GOVERNMENT FUNDING FOR 3D PRINTING PROJECTS
                    5.2.1.4 Availability of wide variety of industrial-grade 3D printing materials
           5.2.2 RESTRAINTS
                    5.2.2.1 Lack of standardized testing methods to verify mechanical properties of 3D printing materials and high cost of raw materials
                    5.2.2.2 Inadequate design and process control data due to lack of printing material specifications
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing demand for medical products and supplies in post-pandemic scenario
                    5.2.3.2 Rapid advancements in printing technologies and materials and development of knowledge and skills progression framework
                    5.2.3.3 Emerging applications of 3D printing technology in automotive, printed electronics, jewelry, and education fields
           5.2.4 CHALLENGES
                    5.2.4.1 Ensuring consistent quality of final 3D product with repeatable and stable production processes
                    5.2.4.2 Threat of copyright infringement
                    5.2.4.3 Decline in sales of 3D printing devices due to recession impact
    5.3 CASE STUDIES 
           5.3.1 ASHLEY FURNITURE MANUFACTURED REPLACEMENT AND SPARE PARTS USING 3D PRINTING TECHNOLOGY TO REDUCE OVERALL COST
           5.3.2 FLASHFORGE DEVELOPED 3D PRINTING SOLUTIONS TO UPGRADE CHANNEL LETTER PRODUCTION TECHNOLOGY AT REDUCED COST
           5.3.3 3D PRINTED TECHNOLOGY WAS ADOPTED BY ADIDAS TO MANUFACTURE STANDARD MIDSOLES AND BY BOA TO PRODUCE FASTENERS FOR SNEAKERS
           5.3.4 DLR INCORPORATED ADDITIVE MANUFACTURING TO OPTIMIZE FLUID DYNAMICS
           5.3.5 ACS USED 3D PRINTERS TO PRINT CUSTOM EAR PRODUCTS, HEARING AIDS, AND EARPHONES IN BULK
           5.3.6 PORSCHE ADOPTED ADDITIVE MANUFACTURING TECHNIQUE TO PRODUCE EV PARTS
           5.3.7 DECATHLON AND COBRA GOLF USED 3D PRINTING TECHNOLOGY TO DESIGN SPORTS EQUIPMENT
           5.3.8 NEXA3D AND FORM LABS DEVELOPED NASOPHARYNGEAL (NP) SWABS AND FACE SHIELDS USING 3D PRINTING TECHNIQUE TO COPE WITH COVID-19
           5.3.9 WAVEOPTICS AND LUXECEL CREATED 3D-PRINTED MODULE TO DESIGN AND MANUFACTURE LENSES AND EYEGLASSES
           5.3.10 BMW INCORPORATED 3D PRINTERS TO PRODUCE POLYMER PARTS USING MULTI-JET FUSION AND SELECTIVE LASER SINTERING TECHNIQUES
    5.4 PRICING ANALYSIS 
    5.5 VALUE CHAIN ANALYSIS 
           FIGURE 23 MATERIAL AND SOFTWARE PROVIDERS AND MANUFACTURERS TO CONTRIBUTE TO MAXIMUM VALUE
    5.6 ECOSYSTEM MAPPING 
           FIGURE 24 3D PRINTING MARKET ECOSYSTEM
           FIGURE 25 KEY PLAYERS IN MARKET ECOSYSTEM
           5.6.1 MATERIAL SUPPLIERS
                    5.6.1.1 Polymer providers
                    5.6.1.2 Metal providers
           5.6.2 SOFTWARE PROVIDERS
           5.6.3 PRINTER PROVIDERS
                    5.6.3.1 Industrial 3D printer providers
                    5.6.3.2 Desktop 3D printer providers
                               TABLE 2 ROLE OF COMPANIES IN 3D PRINTING ECOSYSTEM
    5.7 TECHNOLOGY ANALYSIS 
           TABLE 3 EMERGING 3D PRINTING TECHNOLOGIES
           5.7.1 KEY EMERGING TECHNOLOGIES
                    5.7.1.1 Hybrid manufacturing
           5.7.2 ADJACENT TECHNOLOGIES
                    5.7.2.1 CNC machining
    5.8 TECHNOLOGY TRENDS 
           5.8.1 SHIFT TOWARD SERVICE PROVIDERS FOR FUNCTIONAL PARTS
           5.8.2 ENTRY OF PRINTING GIANTS INTO 3D PRINTING MARKET
           5.8.3 CONSOLIDATION OF MARKET WITH ENTRY OF LARGE INDUSTRIAL ENTERPRISES
                    TABLE 4 EMERGING TRENDS WITH MATERIALS IN MARKET
    5.9 PATENT ANALYSIS 
           FIGURE 26 GRANTED PATENTS FOR 3D PRINTING TECHNOLOGY IN LAST 10 YEARS
           5.9.1 MAJOR PATENTS
    5.10 TRADE DATA 
           5.10.1 IMPORT SCENARIO
                     FIGURE 27 IMPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 847790, BY COUNTRY, 2017–2021
           5.10.2 EXPORT SCENARIO
                     FIGURE 28 EXPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 847790, BY COUNTRY, 2017–2021
    5.11 PORTER’S FIVE FORCES ANALYSIS 
           TABLE 5 PORTER’S FIVE FORCES IMPACT ON MARKET
           FIGURE 29 PORTER’S FIVE FORCES ANALYSIS: MARKET
           5.11.1 THREAT OF NEW ENTRANTS
           5.11.2 THREAT OF SUBSTITUTES
           5.11.3 BARGAINING POWER OF SUPPLIERS
           5.11.4 BARGAINING POWER OF BUYERS
           5.11.5 INTENSITY OF COMPETITIVE RIVALRY
    5.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
           FIGURE 30 REVENUE SHIFT FOR PLAYERS IN MARKET
    5.13 TARIFF AND REGULATORY LANDSCAPE 
           5.13.1 STANDARDS AND REGULATIONS
                    5.13.1.1 Europe
                    5.13.1.2 US
                    5.13.1.3 Australia
                    5.13.1.4 China
                    5.13.1.5 Global
 
6 3D PRINTING MARKET, BY OFFERING (Page No. - 94)
    6.1 INTRODUCTION 
           FIGURE 31 SERVICES SEGMENT TO RECORD HIGHEST CAGR IN 3D PRINTING DURING FORECAST PERIOD
           TABLE 6 MARKET, BY OFFERING, 2019–2022 (USD MILLION)
           TABLE 7 MARKET, BY OFFERING, 2023–2028 (USD MILLION)
    6.2 PRINTERS 
           FIGURE 32 INDUSTRIAL PRINTERS TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD
           TABLE 8 PRINTERS: 3D PRINTING MARKET, BY TYPE, 2019–2022 (USD MILLION)
           TABLE 9 PRINTERS: MARKET, BY TYPE, 2023–2028 (USD MILLION)
           TABLE 10 PRINTERS: MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
           TABLE 11 PRINTERS: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
           TABLE 12 PRINTERS: MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
           TABLE 13 PRINTERS: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           TABLE 14 PRINTERS: MARKET, BY REGION, 2019–2022 (USD MILLION)
           TABLE 15 PRINTERS: MARKET, BY REGION, 2023–2028 (USD MILLION)
           6.2.1 DESKTOP PRINTERS
                    6.2.1.1 Growing use of desktop printers in schools and universities to drive market
           6.2.2 INDUSTRIAL PRINTERS
                    6.2.2.1 Increasing adoption of industrial printers to generate concept models, precision and functional prototypes, and master patterns and molds to boost market
    6.3 MATERIALS 
           TABLE 16 SOFTWARE: 3D PRINTING, BY APPLICATION, 2019–2022 (USD MILLION)
           TABLE 17 SOFTWARE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
           TABLE 18 SOFTWARE: MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
           TABLE 19 SOFTWARE: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           TABLE 20 SOFTWARE: MARKET, BY REGION, 2019–2022 (USD MILLION)
           TABLE 21 SOFTWARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
           TABLE 22 MATERIALS: MARKET, BY TYPE, 2019–2022 (USD MILLION)
           TABLE 23 MATERIALS: MARKET, BY TYPE, 2023–2028 (USD MILLION)
           6.3.1 PLASTICS
                    TABLE 24 PLASTICS: 3D PRINTING MARKET, BY TYPE, 2019–2022 (USD MILLION)
                    TABLE 25 PLASTICS: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                    6.3.1.1 Thermoplastics
                               TABLE 26 THERMOPLASTICS: 3D PRINTING, BY TYPE, 2019–2022 (USD MILLION)
                               TABLE 27 THERMOPLASTICS: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                               6.3.1.1.1 Acrylonitrile butadiene styrene (ABS)
                                             6.3.1.1.1.1 Ideal for prototyping and functional part manufacturing
                                                            TABLE 28 TECHNICAL SPECIFICATIONS OF ABS
                               6.3.1.1.2 Polylactic acid (PLA)
                                             6.3.1.1.2.1 Most eco-friendly materials used in 3D plastic printing processes
                                                            TABLE 29 TECHNICAL SPECIFICATIONS OF PLA
                               6.3.1.1.3 Nylon
                                             6.3.1.1.3.1 Useful in prototyping, jigs and fixtures, tooling, and short-run production of components
                                                            TABLE 30 TECHNICAL SPECIFICATIONS OF NYLON
                               6.3.1.1.4 Others
                                             6.3.1.1.4.1 Polypropylene
                                                            TABLE 31 TECHNICAL SPECIFICATIONS OF POLYPROPYLENE
                                             6.3.1.1.4.2 Polycarbonate
                                                            TABLE 32 TECHNICAL SPECIFICATIONS OF POLYCARBONATE
                                             6.3.1.1.4.3 Polyvinyl alcohol (PVA)
                                                            TABLE 33 TECHNICAL SPECIFICATIONS OF PVA
                    6.3.1.2 Photopolymers
                               6.3.1.2.1 Use of photopolymers in electronics, healthcare, packaging, sports and leisure, automotive, military, and consumer products applications
           6.3.2 METALS
                    TABLE 34 METALS: 3D PRINTING, BY TYPE, 2019–2022 (USD MILLION)
                    TABLE 35 METALS: 3D PRINTING, BY TYPE, 2023–2028 (USD MILLION)
                    6.3.2.1 Steel
                               6.3.2.1.1 Use of stainless steel to strengthen 3D-printed model
                    6.3.2.2 Aluminum
                               6.3.2.2.1 Adoption of alumide to build complex models, small series of models, and functional models
                    6.3.2.3 Titanium
                               6.3.2.3.1 Integration of titanium powder to make models strong and precise
                    6.3.2.4 Nickel
                               6.3.2.4.1 Application of metal alloys in aerospace & defense to manufacturing rocket parts, gas turbine blades, filtration and separation units, and heat exchangers
                    6.3.2.5 Other metals
           6.3.3 CERAMICS
                    6.3.3.1 Implementation of ceramics in printing home decor and tableware products
           6.3.4 OTHER MATERIALS
                    6.3.4.1 Wax
                    6.3.4.2 Laywood
                    6.3.4.3 Paper
                    6.3.4.4 Biocompatible materials
           6.3.5 3D PRINTING MARKET FOR MATERIALS, BY FORM
                    6.3.5.1 Filament
                               6.3.5.1.1 Availability of general plastics in filament form for 3D printing applications
                    6.3.5.2 Powder
                               6.3.5.2.1 Use of metal powers in aerospace & defense and jewelry and fashion design industries
                    6.3.5.3 Liquid
                               6.3.5.3.1 Leveraging liquid metals, hot glue, chocolate, SLA resins, and bio-ink in 3D printing
    6.4 SOFTWARE 
           6.4.1 BENEFIT OF SOFTWARE SOLUTIONS TO MANIPULATE 3D MODELS ACCORDING TO REAL-WORLD ENVIRONMENTS BEFORE PRINTING
                    TABLE 36 SOFTWARE: 3D PRINTING, BY APPLICATION, 2019–2022 (USD MILLION)
                    TABLE 37 SOFTWARE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                    TABLE 38 SOFTWARE: MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                    TABLE 39 SOFTWARE: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                    TABLE 40 SOFTWARE: MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 41 SOFTWARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
           6.4.2 DESIGN
                    6.4.2.1 Integration of design software to create drawings of parts and assemblies
           6.4.3 INSPECTION
                    6.4.3.1 Development of inspection software to ensure compliance of prototypes with required specifications
           6.4.4 PRINTING
                    6.4.4.1 Use of printing software to analyze precision in printer functioning
           6.4.5 SCANNING
                    6.4.5.1 Implementation of scanning software to create digital models and improve designs of physical objects
    6.5 SERVICES 
           6.5.1 AFTER-SALES AND CUSTOMIZED MANUFACTURING SERVICE PROVIDERS TO BE CRUCIAL PLAYERS IN MARKET
                    TABLE 42 SERVICES: 3D PRINTING MARKET, BY TYPE, 2019–2022 (USD MILLION)
                    TABLE 43 SERVICES: MARKET, BY TYPE, 2023–2028 (USD MILLION)
                    TABLE 44 SERVICES: MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
                    TABLE 45 SERVICES: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                    TABLE 46 SERVICES: MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
                    TABLE 47 SERVICES: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                    TABLE 48 SERVICES: MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 49 SERVICES: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
7 3D PRINTING MARKET, BY TECHNOLOGY (Page No. - 120)
    7.1 INTRODUCTION 
           FIGURE 33 FDM TECHNOLOGY-BASED 3D PRINTERS TO HOLD LARGEST MARKET SHARE THROUGHOUT FORECAST PERIOD
           TABLE 50 MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
           TABLE 51 MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
    7.2 FUSED DEPOSITION MODELLING (FDM) 
           7.2.1 CLEAN, SIMPLE-TO-USE, AND OFFICE-FRIENDLY 3D PRINTING TECHNOLOGY
    7.3 STEREOLITHOGRAPHY (SLA) 
           7.3.1 IDEAL TECHNOLOGY FOR ANATOMICAL, CONCEPT, AND ARCHITECTURAL MODELS
    7.4 SELECTIVE LASER SINTERING (SLS) 
           7.4.1 USEFUL TECHNOLOGY TO BUILD PARTS WITH JOINTS, SNAP FITS, AND LIVING HINGES
    7.5 POLYJET PRINTING/MULTIJET PRINTING (MJP) 
           7.5.1 WIDE ADOPTION OF TECHNOLOGY TO DEVELOP HIGHLY ACCURATE MODELS WITH INTRICATE DETAILS AND COMPLEX GEOMETRIES
    7.6 ELECTRON BEAM MELTING (EBM) 
           7.6.1 SIGNIFICANT DEMAND FROM AEROSPACE AND AUTOMOTIVE SECTORS TO PRODUCE HIGH-DENSITY PARTS
    7.7 DIGITAL LIGHT PROCESSING (DLP) 
           7.7.1 PROFICIENT IN PRODUCING ACCURATE PARTS WITH SMOOTH SURFACE FINISHING
    7.8 DIRECT METAL LASER SINTERING (DMLS) 
           7.8.1 HELPFUL IN DEVELOPING DURABLE AND HEAT-RESISTANT COMPONENTS
    7.9 OTHER TECHNOLOGIES 
 
8 3D PRINTING MARKET, BY PROCESS (Page No. - 127)
    8.1 INTRODUCTION 
           TABLE 52 CLASSIFICATION OF 3D PRINTING PROCESSES BASED ON TECHNOLOGY AND MATERIAL
           FIGURE 34 POWDER BED FUSION SEGMENT TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD
           TABLE 53 MARKET, BY PROCESS, 2019–2022 (USD MILLION)
           TABLE 54 MARKET, BY PROCESS, 2023–2028 (USD MILLION)
    8.2 POWDER BED FUSION 
           8.2.1 ADOPTION OF POWDER BED FUSION PROCESS FOR 3D PRINTERS BASED ON DMLS, EBM, SHS, SLM, AND SLS TECHNOLOGIES
                    TABLE 55 POWDER BED FUSION: 3D PRINTING, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 56 POWDER BED FUSION: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.3 VAT PHOTOPOLYMERIZATION 
           8.3.1 IMPLEMENTATION OF PHOTOPOLYMERIZATION PROCESS OWING TO SUPERIOR SURFACE FINISH AND HIGH ACCURACY
                    TABLE 57 VAT PHOTOPOLYMERIZATION: 3D PRINTING, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 58 VAT POLYMERIZATION: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.4 BINDER JETTING 
           8.4.1 BINDER JETTING SUITABLE FOR MATERIALS AVAILABLE IN POWDERED FORM
                    TABLE 59 BINDER JETTING: 3D PRINTING, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 60 BINDER JETTING: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.5 MATERIAL EXTRUSION 
           8.5.1 WIDE ADOPTION OF MATERIAL EXTRUSION PROCESS DUE TO ITS SIMPLE PRINTING TECHNIQUE
                    TABLE 61 MATERIAL EXTRUSION: 3D PRINTING, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 62 MATERIAL EXTRUSION: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.6 MATERIAL JETTING 
           8.6.1 USE OF MATERIAL JETTING PROCESS TO REDUCE MATERIAL WASTAGE
                    TABLE 63 MATERIAL JETTING: 3D PRINTING MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 64 MATERIAL JETTING: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.7 OTHER PROCESSES 
           TABLE 65 OTHER PROCESSES: 3D PRINTING, BY REGION, 2019–2022 (USD MILLION)
           TABLE 66 OTHER PROCESSES: MARKET, BY REGION, 2023–2028 (USD MILLION)
           8.7.1 DIRECTED ENERGY DEPOSITION
           8.7.2 SHEET LAMINATION
 
9 3D PRINTING MARKET, BY APPLICATION (Page No. - 137)
    9.1 INTRODUCTION 
           FIGURE 35 FUNCTIONAL PART MANUFACTURING SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
           TABLE 67 MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
           TABLE 68 MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
    9.2 PROTOTYPING 
           9.2.1 REDUCTION IN MATERIAL WASTAGE AND OPERATIONAL COST THROUGH ADOPTION OF 3D PRINTING WHILE MANUFACTURING PROTOTYPE MODELS
                    TABLE 69 PROTOTYPING: 3D PRINTING, BY OFFERING, 2019–2022 (USD MILLION)
                    TABLE 70 PROTOTYPING: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                    TABLE 71 PROTOTYPING: MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 72 PROTOTYPING: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.3 TOOLING 
           9.3.1 USE OF 3D PRINTING IN MANUFACTURING COMPLEX COMPONENTS AND TOOLS AT LARGE SCALE
                    TABLE 73 TOOLING: 3D PRINTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
                    TABLE 74 TOOLING: MARKET, BY OFFERING, BY OFFERING, 2023–2028 (USD MILLION)
                    TABLE 75 TOOLING: MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 76 TOOLING: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.4 FUNCTIONAL PART MANUFACTURING 
           9.4.1 ADVANCEMENTS IN PRINTING TECHNOLOGY TO ENABLE HIGH-VOLUME PRODUCTION OF MECHANICALLY FUNCTIONAL PARTS
                    TABLE 77 FUNCTIONAL PART MANUFACTURING: 3D PRINTING, BY OFFERING, 2019–2022 (USD MILLION)
                    TABLE 78 FUNCTIONAL PART MANUFACTURING: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                    TABLE 79 FUNCTIONAL PART MANUFACTURING: MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 80 FUNCTIONAL PART MANUFACTURING: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
10 3D PRINTING MARKET, BY VERTICAL (Page No. - 144)
     10.1 INTRODUCTION 
             FIGURE 36 AUTOMOTIVE VERTICAL TO WITNESS HIGHEST CAGR IN MARKET DURING FORECAST PERIOD
             TABLE 81 MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
             TABLE 82 MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
     10.2 AUTOMOTIVE 
             10.2.1 EARLY ADOPTION OF 3D PRINTING BY AUTO COMPANIES FOR PROTOTYPING AND END-PART PRINTING
                        TABLE 83 AUTOMOTIVE: 3D PRINTING, BY OFFERING, 2019–2022 (USD MILLION)
                        TABLE 84 AUTOMOTIVE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                        TABLE 85 AUTOMOTIVE: MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 86 AUTOMOTIVE: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.3 AEROSPACE & DEFENSE 
             10.3.1 SIGNIFICANT INVESTMENTS BY ESTABLISHED PLAYERS TO DEVELOP 3D-PRINTED MODELS FOR NEWER AEROSPACE & DEFENSE APPLICATIONS
                        TABLE 87 AEROSPACE & DEFENSE: 3D PRINTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
                        TABLE 88 AEROSPACE & DEFENSE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                        TABLE 89 AEROSPACE & DEFENSE: MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 90 AEROSPACE & DEFENSE: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.4 HEALTHCARE 
             10.4.1 RAPID ADVANCEMENTS IN 3D PRINTING TECHNOLOGY FOR MEDICAL PRODUCTS AND DENTISTRY APPLICATIONS
                        TABLE 91 HEALTHCARE: 3D PRINTING, BY OFFERING, 2019–2022 (USD MILLION)
                        TABLE 92 HEALTHCARE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                        TABLE 93 HEALTHCARE: MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 94 HEALTHCARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.5 ARCHITECTURE & CONSTRUCTION 
             10.5.1 USE OF 3D PRINTING TO BUILD 3D STRUCTURES, INCLUDING HOUSES AND APARTMENTS
                        TABLE 95 ARCHITECTURE & CONSTRUCTION: 3D PRINTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
                        TABLE 96 ARCHITECTURE & CONSTRUCTION: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                        TABLE 97 ARCHITECTURE & CONSTRUCTION: MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 98 ARCHITECTURE & CONSTRUCTION: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.6 CONSUMER PRODUCTS 
             10.6.1 INCREASING USE OF DESKTOP OR PERSONAL PRINTERS TO CONTRIBUTE TO SEGMENTAL MARKET GROWTH
                        TABLE 99 CONSUMER PRODUCTS: 3D PRINTING, BY OFFERING, 2019–2022 (USD MILLION)
                        TABLE 100 CONSUMER PRODUCTS: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                        TABLE 101 CONSUMER PRODUCTS: MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 102 CONSUMER PRODUCTS: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.7 EDUCATION 
             10.7.1 HIGHLY ATTRACTIVE MARKET FOR 3D PRINTING PLAYERS IN NORTH AMERICA AND EUROPE
                        TABLE 103 EDUCATION: 3D PRINTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
                        TABLE 104 EDUCATION: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                        TABLE 105 EDUCATION: MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 106 EDUCATION: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.8 INDUSTRIAL 
             10.8.1 APPLICATION OF ADDITIVE MANUFACTURING IN TOOLING, SPECIAL MACHINERY MANUFACTURING, AND ROBOTICS
                        TABLE 107 INDUSTRIAL: 3D PRINTING, BY OFFERING, 2019–2022 (USD MILLION)
                        TABLE 108 INDUSTRIAL: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                        TABLE 109 INDUSTRIAL: MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 110 INDUSTRIAL: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.9 ENERGY 
             10.9.1 USE OF 3D PRINTING TECHNOLOGY FOR SMALL-SCALE MANUFACTURING AND REPAIR ACTIVITIES
                        TABLE 111 ENERGY: 3D PRINTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
                        TABLE 112 ENERGY: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                        TABLE 113 ENERGY: MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 114 ENERGY: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.10 PRINTED ELECTRONICS 
             10.10.1 INCORPORATION OF 3D PRINTING TECHNOLOGY TO PRINT ELECTRONIC DEVICES
                        TABLE 115 PRINTED ELECTRONICS: 3D PRINTING, BY OFFERING, 2019–2022 (USD MILLION)
                        TABLE 116 PRINTED ELECTRONICS: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                        TABLE 117 PRINTED ELECTRONICS: MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 118 PRINTED ELECTRONICS: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.11 JEWELRY 
             10.11.1 ADOPTION OF 3D PRINTING TECHNOLOGY TO DESIGN CUSTOMIZED JEWELRY ITEMS WITH HIGHER ACCURACY AND SPEED
                        TABLE 119 JEWELRY: 3D PRINTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
                        TABLE 120 JEWELRY: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                        TABLE 121 JEWELRY: MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 122 JEWELRY: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.12 FOOD & CULINARY 
             10.12.1 NEW TREND OF PRINTING FOOD ITEMS OF CUSTOMER CHOICE (PASTA AND CHOCOLATE) WITH REQUIRED NUTRIENTS
                        TABLE 123 FOOD & CULINARY: 3D PRINTING, BY OFFERING, 2019–2022 (USD MILLION)
                        TABLE 124 FOOD & CULINARY: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                        TABLE 125 FOOD & CULINARY: MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 126 FOOD & CULINARY: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.13 OTHER VERTICALS 
             TABLE 127 OTHER VERTICALS: 3D PRINTING, BY OFFERING, 2019–2022 (USD MILLION)
             TABLE 128 OTHER VERTICALS: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
             TABLE 129 OTHER VERTICALS: MARKET, BY REGION, 2019–2022 (USD MILLION)
             TABLE 130 OTHER VERTICALS: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
11 3D PRINTING MARKET, BY REGION (Page No. - 168)
     11.1 INTRODUCTION 
             FIGURE 37 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN MARKET DURING FORECAST PERIOD
             TABLE 131 MARKET, BY REGION, 2019–2022 (USD MILLION)
             TABLE 132 MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.2 NORTH AMERICA 
             FIGURE 38 SNAPSHOT: 3D PRINTING MARKET IN NORTH AMERICA
             TABLE 133 NORTH AMERICA: MARKET, BY OFFERING, 2019–2022 (USD MILLION)
             TABLE 134 NORTH AMERICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
             TABLE 135 NORTH AMERICA: MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
             TABLE 136 NORTH AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
             TABLE 137 NORTH AMERICA: MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
             TABLE 138 NORTH AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             11.2.1 US
                        11.2.1.1 Huge venture capital investments in 3D printing technology to accelerate market growth
             11.2.2 CANADA
                        11.2.2.1 Automotive and healthcare verticals to contribute to market growth
             11.2.3 MEXICO
                        11.2.3.1 Focus of companies and universities to increase awareness about benefits of 3D printing technology to drive market
     11.3 EUROPE 
             FIGURE 39 SNAPSHOT: 3D PRINTING MARKET IN EUROPE
             TABLE 139 MARKET IN EUROPE, BY OFFERING, 2019–2022 (USD MILLION)
             TABLE 140 EUROPE: 3D PRINTING, BY OFFERING, 2023–2028 (USD MILLION)
             TABLE 141 EUROPE: MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
             TABLE 142 EUROPE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
             TABLE 143 EUROPE: MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
             TABLE 144 EUROPE: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             11.3.1 GERMANY
                        11.3.1.1 Increasing demand for 3D printing by automobile companies in seat and car interior applications to propel market
             11.3.2 UK
                        11.3.2.1 Government funding for cutting-edge technology-related programs to foster use of 3D printing technology in newer applications
             11.3.3 FRANCE
                        11.3.3.1 Growing use of 3D printing in implants and prosthetics to drive market
             11.3.4 ITALY
                        11.3.4.1 Aerospace, automotive, healthcare, and consumer products verticals to be key enablers of 3D printing technology
             11.3.5 SPAIN
                        11.3.5.1 Focus of private companies to invest in 3D printing-related innovations to expedite market growth
             11.3.6 REST OF EUROPE
     11.4 ASIA PACIFIC 
             FIGURE 40 SNAPSHOT: 3D PRINTING MARKET IN ASIA PACIFIC
             TABLE 145 ASIA PACIFIC: 3D PRINTING, BY OFFERING, 2019–2022 (USD MILLION)
             TABLE 146 ASIA PACIFIC: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
             TABLE 147 ASIA PACIFIC: MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
             TABLE 148 ASIA PACIFIC: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
             TABLE 149 ASIA PACIFIC: MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
             TABLE 150 ASIA PACIFIC: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             11.4.1 JAPAN
                        11.4.1.1 Increasing investments by government to accelerate research activities in 3D printing to boost growth
             11.4.2 CHINA
                        11.4.2.1 Focus of global market players to strengthen their footprint in China to drive market
             11.4.3 INDIA
                        11.4.3.1 Presence of 3D printing companies to stimulate market growth
             11.4.4 SOUTH KOREA
                        11.4.4.1 Government funding to implement 3D printing technology in newer military and medical applications to encourage growth
             11.4.5 REST OF ASIA PACIFIC
     11.5 REST OF THE WORLD 
             TABLE 151 ROW: 3D PRINTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
             TABLE 152 ROW: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
             TABLE 153 ROW: MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
             TABLE 154 ROW: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
             TABLE 155 ROW: MARKET, BY REGION, 2019–2022 (USD MILLION)
             TABLE 156 ROW: MARKET, BY REGION, 2023–2028 (USD MILLION)
             11.5.1 MIDDLE EAST & AFRICA
                        11.5.1.1 Investment plans by South African public sector companies in building 3D printing infrastructure to support market growth
             11.5.2 SOUTH AMERICA
                        11.5.2.1 Growing adoption of expansion and acquisition strategies by 3D printing companies to contribute to market growth
 
12 COMPETITIVE LANDSCAPE (Page No. - 188)
     12.1 OVERVIEW 
     12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 
             TABLE 157 OVERVIEW OF STRATEGIES DEPLOYED BY KEY 3D PRINTING MANUFACTURERS
             12.2.1 PRODUCT PORTFOLIO
             12.2.2 REGIONAL FOCUS
             12.2.3 MANUFACTURING FOOTPRINT
             12.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES
     12.3 MARKET SHARE ANALYSIS: 3D PRINTING, 2022 
             TABLE 158 3D PRINTING MARKET SHARE ANALYSIS
     12.4 FIVE-YEAR COMPANY REVENUE ANALYSIS 
             FIGURE 41 FIVE-YEAR REVENUE ANALYSIS OF TOP FIVE PLAYERS IN MARKET
     12.5 COMPANY EVALUATION QUADRANT, 2022 
             12.5.1 STARS
             12.5.2 EMERGING LEADERS
             12.5.3 PERVASIVE PLAYERS
             12.5.4 PARTICIPANTS
                        FIGURE 42 3D PRINTING MARKET COMPANY EVALUATION MATRIX, 2022
             12.5.5 COMPETITIVE BENCHMARKING (25 PLAYERS)
                        TABLE 159 COMPANY OFFERING FOOTPRINT (25 PLAYERS)
                        TABLE 160 FOOTPRINT OF DIFFERENT COMPANIES FOR VARIOUS VERTICALS (25 PLAYERS)
                        TABLE 161 FOOTPRINT OF DIFFERENT COMPANIES FOR VARIOUS REGIONS
     12.6 START-UPS/SMES EVALUATION MATRIX 
           TABLE 162 LIST OF START-UP COMPANIES IN MARKET
             12.6.1 PROGRESSIVE COMPANIES
             12.6.2 RESPONSIVE COMPANIES
             12.6.3 DYNAMIC COMPANIES
             12.6.4 STARTING BLOCKS
                        FIGURE 43 3D PRINTING MARKET, START-UPS/SMES EVALUATION MATRIX, 2022
     12.7 COMPETITIVE SCENARIO AND TRENDS 
             12.7.1 PRODUCT LAUNCHES
                        TABLE 163 PRODUCT LAUNCHES, 2019–2023
             12.7.2 DEALS
                        TABLE 164 DEALS, 2019–2023
 
13 COMPANY PROFILES (Page No. - 216)
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*  
     13.1 KEY COMPANIES 
             13.1.1 STRATASYS
                        TABLE 165 STRATASYS: BUSINESS OVERVIEW
                        FIGURE 44 STRATASYS: COMPANY SNAPSHOT
                        TABLE 166 STRATASYS: PRODUCT/SOLUTION/SERVICE OFFERINGS
             13.1.2 3D SYSTEMS
                        FIGURE 45 3D SYSTEMS: COMPANY SNAPSHOT
                        TABLE 168 3D SYSTEMS: PRODUCT/SOLUTION/SERVICE OFFERINGS
             13.1.3 MATERIALISE
                        TABLE 169 MATERIALISE: BUSINESS OVERVIEW
                        FIGURE 46 MATERIALISE: COMPANY SNAPSHOT
                        TABLE 170 MATERIALISE: PRODUCT/SOLUTION/SERVICE OFFERINGS
             13.1.4 EOS
                        TABLE 171 EOS: BUSINESS OVERVIEW
                        FIGURE 47 EOS: COMPANY SNAPSHOT
                        TABLE 172 EOS: PRODUCT/SOLUTION/SERVICE OFFERINGS
             13.1.5 GENERAL ELECTRIC
                        TABLE 173 GENERAL ELECTRIC: BUSINESS OVERVIEW
                        FIGURE 48 GENERAL ELECTRIC: COMPANY SNAPSHOT
                        TABLE 174 GENERAL ELECTRIC: PRODUCT/SOLUTION/SERVICE OFFERINGS
             13.1.6 DESKTOP METAL
                        TABLE 175 DESKTOP METAL: BUSINESS OVERVIEW
                        FIGURE 49 DESKTOP METAL: COMPANY SNAPSHOT
                        TABLE 176 DESKTOP METAL: PRODUCT/SOLUTION/SERVICE OFFERINGS
             13.1.7 VOXELJET
                        TABLE 177 VOXELJET: BUSINESS OVERVIEW
                        FIGURE 50 VOXELJET: COMPANY SNAPSHOT
                        TABLE 178 VOXELJET: PRODUCT/SOLUTION/SERVICE OFFERINGS
             13.1.8 HP
                        TABLE 179 HP: BUSINESS OVERVIEW
                        FIGURE 51 HP: COMPANY SNAPSHOT
                        TABLE 180 HP: PRODUCT/SOLUTION/SERVICE OFFERINGS
             13.1.9 SLM SOLUTIONS
                        TABLE 181 SLM SOLUTIONS: BUSINESS OVERVIEW
                        FIGURE 52 SLM SOLUTIONS: COMPANY SNAPSHOT
                        TABLE 182 SLM SOLUTIONS: PRODUCT/SOLUTION/SERVICE OFFERINGS
             13.1.10 RENISHAW
                        TABLE 183 RENISHAW: BUSINESS OVERVIEW
                        FIGURE 53 RENISHAW: COMPANY SNAPSHOT
                        TABLE 184 RENISHAW: PRODUCT/SOLUTION/SERVICE OFFERINGS
     13.2 OTHER PLAYERS 
             13.2.1 PROTOLABS
             13.2.2 CLEANGREEN3D
             13.2.3 OPTOMEC
             13.2.4 GROUPE GORGÉ
             13.2.5 ULTIMAKER
             13.2.6 BEIJING TIERTIME
             13.2.7 XYZPRINTING
             13.2.8 HÖGANÄS
             13.2.9 COVESTRO
             13.2.10 NEXA3D
             13.2.11 TRUMPF
             13.2.12 FORMLABS
             13.2.13 MARKFORGED
             13.2.14 CARBON
             13.2.15 NANO DIMENSION
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.  
 
14 APPENDIX (Page No. - 289)
     14.1 DISCUSSION GUIDE 
     14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     14.3 AVAILABLE CUSTOMIZATIONS 
     14.4 RELATED REPORTS 
     14.5 AUTHOR DETAILS 
 

The study involved four major activities in estimating the current size for 3D printing market. Exhaustive secondary research was done to collect information on the market, related market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across value chains through primary research. Both top-down and bottom-up approach was employed to estimate the overall market size. Subsequently, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

Secondary research process referred for this study include various secondary sources were referred to for identifying and collecting information related to this study. Secondary sources include annual reports; press releases; investor presentations; white papers; journals and certified publications; and articles from recognized authors, directories, and databases. Secondary research was conducted to obtain key information about the industry’s supply chain, value chain, total pool of key players, market segmentation according to the industry trends (to the bottommost level), regional markets, and key developments from the market- and technology-oriented perspectives.
After the complete market engineering (which includes calculations for market statistics, market breakdown, data triangulation, market size estimations, and market forecasting), extensive primary research was conducted to gather information and verify and validate the numbers obtained.

Primary Research

Extensive primary research was conducted after gaining knowledge about the 3D printing market scenario through various secondary sources. Exhaustive primary interviews were conducted with market experts from both demand-side (commercial application-specific peripheral providers) and supply-side (equipment manufacturers and distributors) across 4 major regions includes North America, Europe, Asia Pacific, and Rest of the World. The approximate segmentation of primaries were 20% and 80% for demand side and supply side, respectively. Primary data was collected through questionnaires, e-mails, meetings, and telephonic interviews.

3D Printing Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The market sizing used to estimate and validate the size of the 3D printing market and other dependent submarkets include the complete engineering process, such as top-down and bottom-up approaches and several data triangulation methods. Key players in the market have been determined through primary and secondary resources. This complete research methodology involved the study of the annual and financial reports of top market players and extensive interviews with 3D printing industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) about the 3D printing market. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in the report.

3D Printing Market: Process Flow Of Market Size Estimation

3D Printing Market Size, and Estimation

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from demand and supply sides. The market size was also validated using top-down and bottom-up approaches.

Market Definition

Three-dimensional (3D) printing is the process of building up a real 3D object from a digital model by joining thin layers of materials (which might be in solid, powder, or liquid forms), usually layer-upon-layer in horizontal cross-section, unlike subtractive manufacturing methods. It is also known as AM (additive manufacturing) or freeform fabrication. 3D printing is the most common term in the consumer markets, while AM is more used in the industrial markets. 3D printing is used for prototyping, tooling, and functional part manufacturing. The manufactured functional parts are used in various industries, such as automotive, aerospace, healthcare, jewelry, education, tooling, consumer goods, and art and architecture.

Key Stakeholders

  •  The intended audience for this report is as follows:
  • 3D printing products and solutions providers
  • 3D printing-related service providers
  • 3D printing materials and accessories providers
  • 3D printing consulting companies
  • 3D printing assembly companies
  • 3D printing software providers
  • 3D printing-related associations, organizations, forums, and alliances
  • Government and corporate offices
  • Venture capitalists, private equity firms, and start-up companies
  • Distributors and traders
  • End users willing to know more about 3D printing technologies and the latest technological developments in the 3D printing market

Report Objectives

  • To define, describe, and forecast the global 3D printing market, in terms of value, based on offering, process, technology, application, vertical, and geography
  • To define, describe, and forecast the 3D printer market, in terms of volume, by printer type
  • To forecast the market size, in terms of value, for various segments, with respect to four main regions—North America, Europe, Asia Pacific, and Rest of the World (RoW)
  • To provide detailed information regarding the major factors influencing the growth of the 3D printing market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
  • To analyze opportunities for the market stakeholders by identifying high-growth segments of the 3D printing market
  • To benchmark players within the market using the proprietary Competitive Leadership Mapping framework, which analyzes market players on various parameters within the broad categories of market rank and product offering
  • To strategically profile the key players and comprehensively analyze their market shares and core competencies2 and provide a detailed competitive landscape for market leaders
  • To analyze competitive developments such as partnerships, collaborations, agreements, and joint ventures; mergers and acquisitions; expansions; and product launches and developments in the 3D printing market

Available Customizations

MarketsandMarkets offers customizations according to the company’s specific needs and with the given market data. The following customization options are available for the report:

  • Additional country-level analysis of the 3D printing market
  • Profiling additional market players (upto 5)

Product Analysis

  • Product matrix that gives a detailed comparison of the product portfolio of each company in 3D printing market

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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