3D Printing Market Information, Segmentation, Trends and SWOT Analysis Including Key Players 3D Systems Corporation, ARC Group Worldwide, Inc., Beijing Tiertime Technology Co., Ltd., Desktop Metal, Inc., EOS GmbH Electro Optical Systems, Formlabs Inc., GE Additive
London, UK -- (SBWIRE) -- 01/16/2023 -- The Global 3D Printing Market is projected to reach a value of USD 52,172 million by 2028, with a compound annual growth rate (CAGR) of 19.7% from 2022 to 2028, according to a recent report by Intelligence Market Report. This technology is already playing a major role in a number of industries such as healthcare, aerospace and defence and electric and electronics. 3D printing is a revolutionary process of producing objects, parts, and components in three dimensions with the help of computer-controlled printing machines. These machines employ various materials, such as resin, plastic, metal and glass, to print 3D objects.
The report provides a comprehensive analysis and in-depth insights into the current global 3D printing market, including the latest trends and drivers. It offers a unique perspective on various aspects such as market size, key trends, competitive landscape, growth rate, and market segments. Additionally, this study provides an assessment of the impact of the COVID-19 pandemic on the 3D printing industry.
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The research study includes profiles of leading companies operating in the global 3D Printing industry
3D Systems Corporation
ARC Group Worldwide, Inc.
Beijing Tiertime Technology Co., Ltd.
Desktop Metal, Inc.
EOS GmbH Electro Optical Systems
Formlabs Inc.
GE Additive
Hoganas AB
Koninklijke DSM N.V.
Materialise NV
Optomec, Inc.
Proto Labs, Inc.
SLM Solutions Group AG
Stratasys, Ltd.
The Hewlett-Packard Company
Ultimaker B.V.
voxeljet AG
XYZprinting, Inc.
Advances in 3D printing technology, such as Industrial Grade 3D Printer, have opened up many opportunities and caused significant disruption in the manufacturing sector. Certain applications like rapid prototyping, rapid tooling, rapid manufacturing, and additive manufacturing have made the 3D printing technology more accessible. 3D printing has not only made the manufacturing process more time and cost efficient, but also allows for innovative design thinking that would not have been possible before. For example, these systems have enabled the development of complex shapes and structures with high precision and accuracy.
The 3D Printing Market Major Segments and Subsegments Listed Below
By Offering:
3D Printers
Materials
Software
Services
By Process:
Direct Energy Deposition
Jetting
Material Extrusion
Powder Bed Fusion
VAT Photopolymerization
Others
By Application:
Functional Parts
Models
Patterns
Prototyping
By End User:
Healthcare
Consumer Goods
Automotive
Aerospace & Defense
Personal Uses
Others
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The 3D printing market can be divided into two main categories based on technology. Fused Deposition Modelling (FDM) and Stereolithography (SLA) are the two main types of 3D printing technologies currently available. Some of the key advantages of 3D printing include ability to reduce material cost, the potential to produce customized parts and components rapidly with little or no additional cost and the ability to create prototypes quickly. They are also highly efficient in terms of energy and resources, as they require significantly less material and power than conventional manufacturing processes.
As 3D printing technology continues to evolve, it is expected that its applications will expand and it will become an integral part of a number of different industries. Some of the key drivers of the 3D printing market include increasing demand for rapid prototyping, production of customized parts and components, and the need for superior speed, accuracy and low cost. The growing trend of digital manufacturing and the potential of 3D printing to reduce production costs is expected to drive the global 3D printing market in the years to come.
In conclusion, the global 3D printing market is growing rapidly and is expected to reach a substantial market size of USD 52,172 million by 2028. This technology is playing an increasingly important role in many different industries and will continue to be a disruptive force in the years to come. The key market drivers and the competitive landscape of the 3D printing market will ultimately determine its future in the years to come.
TABLE OF CONTENTS
PART 1. INTRODUCTION
Report description
Objectives of the study
Market segment
Years considered for the report
Currency
Key target audience
PART 2. METHODOLOGY
PART 3. EXECUTIVE SUMMARY
PART 4. MARKET OVERVIEW
Introduction
Drivers
Restraints
Impact of COVID-19 pandemic
PART 5. MARKET BREAKDOWN BY OFFERING
3D printers
Materials
Software
Services
PART 6. MARKET BREAKDOWN BY PROCESS
Direct energy deposition
Jetting
Material extrusion
Powder bed fusion
VAT photopolymerization
Others
PART 7. MARKET BREAKDOWN BY APPLICATION
Functional parts
Models
Patterns
Prototyping
PART 8. MARKET BREAKDOWN BY END USER
Healthcare
Consumer goods
Automotive
Aerospace & defense
Personal uses
Others
PART 9. MARKET BREAKDOWN BY REGION
North America
Asia Pacific
Europe
Rest of the World (ROW)
PART 10. KEY COMPANIES
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