Tag Archive for: 3D Printing Market Forecast

The 3D Printing Market was valued at approximately USD 18.5 billion in 2024 and is expected to grow at a substantial CAGR of around 19.5% during the forecast period 2025-2033

As per the report published by UnivDatos, the global 3D Printing Market is anticipated to reach the market valuation of US$ 34,800.0 Million by 2025 expanding at a considerable CAGR of 12% during the forecasted period (2019-2025). Products, materials, services paired with 3D printing technologies and applications are the significant 3D printing technology segments analyzed during the course of the study. The benefits of 3D printing technology can be witnessed among various industrial verticals wherein adoption of additive technology has been the game-changer for end-user industries such as manufacturing and healthcare among others. In 2018, product segment dominated the global 3D printing market. The segment is estimated to generate revenue of US$ 6,336.0 million by 2019. Alternatively, under technology segment, fused deposition modelling is projected to enjoy the rapid expansion throughout the reviewed period, owing to its user-friendly characteristics and familiarity with consumers. Moreover, 3D printing applications as direct manufacturing technologies are further bringing wider disruption. Thus, disruption is constantly occurring as functional parts production is gaining prominence in the global 3D printing technology landscape. Additionally, rapidly expanding manufacturing sector is expected to present sufficient advancement of additive manufacturing. 

Although 3D printing technology stands at

the infancy stage and needs time to reach mass adoption, however, with the

combination of several innovative technologies, the technique is expected to

display a tremendous potential to radically transform and customize designs and

production processes. Dramatic uptake in investments with respect to product

and development in 3D solutions, regulatory support and growing manufacturing

sector has considerably influenced the growth

prospects of 3D printing technology globally. Moreover, as the technology has

successfully transmitted to the phase of reaching the top of the plateau of

productivity, the healthcare sector is rapidly turning itself to 3D technique

to design surgical guides, orthopedic device and medical implants. Furthermore, booming concept of dental

3D printing and launch of dental labs has

completely revolutionized 3D printing technology in the healthcare sector, in

turn displaying promising advancements in medical and dental fields. 

Unique variations of 3D printing

technology are bifurcated extensively into component, technologies,

applications and end-user industries. Determined by component type, the product

market is bifurcated into industrial and personal 3D Printers. The industrial

3D printer segment has generated revenue of US$ 4,169.3 million in 2018. While

polymer, plastics, metal and alloys and ceramics are the significant

sub-segments of 3D printing material types available in the market. Polymers

are anticipated to witness rapid adoption while ceramic material is predicted

to witness highest CAGR growth of 13.6% throughout the forecast period.

Moreover, custom design & manufacturing dominated the service segment of

the 3D printing market in 2018. Additionally, based on technology type, 3D printing

is segmented into fused deposition modelling, selective laser sintering, stereolithography, electron beam

melting, and laminated object manufacturing technologies. In 2018, fused

deposition modelling centered the market with optimum share. Among various 3D

applications such as functional parts, fit and assembly, prototype modelling, education, metal casting, visual aids and presentation

modelling, functional parts dominated the market with one-third of the market

in 2018. Furthermore, manufacturing sector dominated

the end-user industry segments of the global 3D printing technology market,

with market size of US$

2,649.6 million, followed by healthcare and aerospace &

defense sector. 

Access sample report (including graphs, charts, and figures): https://univdatos.com/reports/3d-printing-market?popup=report-enquiry

Additionally, for better investigation and

penetration of 3D printing solutions the report bifurcates the global 3D

printing technology market into distinct region and countries including North

America (U.S., Canada, Mexico and Rest of North America), Europe (Russia,

Germany, France, U.K., Italy, Spain and Rest of Europe), Asia-Pacific (China,

Japan, India, South Korea, Singapore, Malaysia and Rest of Asia-Pacific) ,

Latin America (Brazil, Argentina, Chile and Rest of Latin America) and Middle

East and North Africa( UAE, Saudi Arabia, Kuwait,, Qatar, Algeria, Egypt and

rest of Middle East and North Africa). In 2018, North America dominated the

global 3D printing technology market with major share coming from the United

States, owing to its mature stage in the manufacturing sector paired with

first-mover advantage in the technological advancement space. Moreover,

Asia-Pacific and MENA regions are anticipated to register drastic advancement throughout the forecast

period attributed to the influx of numerous players and strong expertise in 3D printing technology coupled with favorable government

policies and surging expenditure on 3D solutions. 

Some of the

major companies profiled in the global 3D Printing study include 3D Systems

Corporation, Arcam AB, Royal DSM NV, Stratasys Ltd, Autodesk

Inc., ExOne Company, Hoganas AB, Organovo Holdings Inc., Mcor Technologies Ltd

and Voxeljet AG. These players

consistently aim to focus on product development, new product launch and

enhance their existing portfolios to expand their customer base and strengthen

their market position through partnerships and collaborations which further

offers them growth opportunities for geographic expansion.  

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the Report Description & TOC: https://univdatos.com/reports/3d-printing-market

Analysing historical market, estimation of the current market and

forecasting the future market for Global 3D Printing market were the three

major steps undertaken to create and analyse the overall adoption of 3D Printing in different

region/country globally. Exhaustive secondary research was conducted to collect

the historical market of the product/technology and overall estimation of the

current market. Secondly, to validate these insights, numerous findings and

assumptions were taken into consideration. Moreover,

exhaustive primary interviews were conducted with industry experts across value chain of the

Global 3D printing market. After all assumption, market engineering and validation of

market numbers through primary interviews, top-down approach was employed to forecast the market size of

3D Printing market globally to 2025. Thereafter, market breakdown and data

triangulation methods were adopted to estimate and analyse the market size of

segments and sub-segments of the market. Detailed research methodology is explained below: 

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