The global rapid liquid printing market size is expected to grow from USD 48 million in 2023 to USD 284 million by 2027; it is expected to grow at a CAGR of 55.6% from 2023 to 2027. The key factors driving the growth of the market include fastest among all 3D printing technologies, ability to print using industrial-grade material, ease of development of customized products.
Steelcase (US), Stratasys (US), 3D Systems (US), Materilise (Belgium), ExOne (US), EOS (Germany), Dassault Systemes (France), Autodesk (US), Native Canada Footwear (Canada), and BMW (Germany) are among a few major players in the rapid liquid printing market. The rapid liquid printing market is highly competitive, with the presence of several large and small market players.
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Stratasys (US) is one of the leading providers of additive manufacturing solutions for rapid prototyping and direct digital manufacturing (DDM). It also develops, manufactures, and markets materials for 3D plastic printing marketplace, along with related services. Stratasys is one of the major multidisciplinary 3D technological leadership companies and has the advantage of its proprietary 3D printing technologies, including FDM- and inkjet-based PolyJet printing processes. The company also focuses on the expansion of its Stratasys Direct Manufacturing (SDM) services, which was formed in February 2015 by combining Solid Concepts, Harvest Technologies, and RedEye Services. The company intends to explore these advantages to further explore applications in various industries for its products. It is also planning to expand its SDM platform, where it can serve customers and create awareness about Rapid Prototyping and DDM. The strategy of the company to lead by innovation and increase its geographical presence is expected to support its growth.
3D Systems (US) is among the leading players in the 3D printing industry. It has its patented SLA technology alongside various other technologies, such as SLS, DMP, MJP, film transfer imaging, and color jet printing technology, which provide it with a strong technological advantage. The presence of 3D Systems in multiple industries, such as aerospace, automotive, defense, healthcare, and manufacturing, shows broad applications and capabilities of its products and its image as a diversified company. With frequent technological upgrades in its offerings and the addition of more supply chain partners, 3D Systems further explores new application areas and extends its reach toward unexplored regions.
EOS (Germany) is a tough competitor in the 3D printing market, with an ability of AM through laser sintering technology. The company offers an extensive portfolio of 3D printing materials (plastics and metals), which strengthens its position as a key provider of these materials. The strong geographic presence through the globally spread distribution channels has given it a wide scope to tap into the unexplored market. Its partnerships and agreements with some strong players in the 3D printing market, such as SLM Solutions Groups, Cookson Precious Metals, George Fischer, and William Grand Prix Engineering, justify its focus toward upgrading its technology.
Rapid Liquid Printing Market by Offering (Printers, Services, Materials, Software), Application (Prototyping, Functional Part/End-Use Manufacturing, Tooling), Vertical (Consumer Products, Fashion), and Region - Global Forecast to 2027
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