Global 3D Printing
Market Report
2024
3D printing market size is USD 19.7 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 17.6% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global 3D printing market size is USD 19.7 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 17.6% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global 3D Printing Market Sales Revenue 2024 | $ 19.7 Billion |
Global 3D Printing Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 17.6% |
Market Split by Component |
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Market Split by Technology |
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Market Split by Application |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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3D Printing Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
3D printing, also known as additive manufacturing, builds objects in three dimensions layer by layer from digital files. This out-of-the-box technology uses a variety of methods, materials, and approaches to print high-resolution complex geometries with exceptional capacity. 3D printing is employed in applications ranging from prototyping to end-use part manufacturing and is used in various industries, including automotive, aerospace, healthcare, and consumer products. As the cost curves decline and new capacities expand, the 3D printing market is expected to expand substantially, changing the structure of how and where products are sent worldwide.
Customization Demand Driving Adoption Of 3D Printing For Bespoke Manufacturing Solutions: The current market environment is that of consumer-driven trends characterized by personalization to cater to individual customer preferences. Unfortunately, existing manufacturing technologies are unable to satisfy a growing demand for uniqueness and tailoring as they rely on assembly lines with patterns due to high costs of mass production. Thus, 3D printing is a unique solution as it enables manufacturers to craft items that are unique and have intricate design features and personalization options. Crafted to fit a specific customers’ body, jewelry or even architectural elements such as unique columns and statues are crafted to meet a customer’s demands at lower costs. Therefore, the personalization trend does not only ameliorate consumer satisfaction, but it also provides new opportunities to innovate and distinguish on a global scale, which is why 3D printing is predominantly utilized. Localized production capabilities through 3D printing mitigate risks linked to global supply chain disruptions, bolstering flexibility and responsiveness for businesses across diverse industries.
High initial investment costs required to purchase 3D printing hardware and set up infrastructure create a considerable barrier to penetrating the market for small and medium-sized enterprises. Stringent regulations regarding materials, safety, and intellectual property can hinder market growth and innovation in 3D printing.
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In April 2023, Nexa3D acquires AddiFab after successful collaboration . By integrating AddiFab’s Freeform Injection Molding technology with its own offerings, Nexa3D can now print complex molded parts the same day. The takeover rebrands AddiFab’s tooling resin, now xMOLD, which works with more than 300 injection molding materials. Nexa3D expects to use AddiFab’s facility in Copenhagen as a Customer Experience Center.
Top Companies Market Share in 3D Printing Industry: (In no particular order of Rank)
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According to Cognitive Market Research, the largest market for 3D printing is found in North America. This fact owes it to several reasons, which together lead to the region's industry edge in 3D printing technology vendors, alongside strong government support for research and development. There is a wide spread of use in lots of different sectors. These include aerospace, automotive, healthcare and consumer goods North America boasts extensive facilities for innovative enterprises, thus promoting the rise of new businesses within got 3D printing area. All these factors taken together make sure that in 2024 North America remains still ahead of everyone in the world used to succeed in 3D technology market.
Asia Pacific is the fastest-growing Compound Annual Growth Rate in the 3D printing market. Due to rapid industrialization, technological advances, and investments in research and development, Asian countries, such as China, Japan, South Korea, and India, are experiencing rapid growth in the supplier 3D printing technology in different industries. The increased support for government programs, favorable regulatory policies, and the presence of main players in innovation accelerate the 3D printing market’s expansion in the Asia Pacific region, making the fastest-growing region in the compound annual growth rate.
The current report Scope analyzes 3D Printing Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global 3D Printing Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing 3D Printing Industry growth. 3D Printing market has been segmented with the help of its Component, Technology Application, and others. 3D Printing market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2019 to 2031. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.
Component of 3D Printing analyzed in this report are as follows:
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According to Cognitive Market Research, one prominent segment in the 3D printing market is Fused Deposition Modeling (FDM) that captures the analysis of the technology segment. FDM relies on thermoplastic filaments that get fed through a nozzle and heated to be extruded layer by layer into three-dimensional objects. Due to its relative affordability, easy use, and multifunctionality across applications from rapid prototyping to end-use part production, FDM has been widely adopted. The various improvements such as print speed, resolution, and new material advancements in FDM technology have ensured its popularity among hobbyists and commercial users. With the ever-increasing demand for affordable and accessible 3D printing solutions, FDM is and continues to drive market growth.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global 3D Printing Market is witnessing significant growth in the near future.
In 2023, the Hardware segment accounted for noticeable share of global 3D Printing Market and is projected to experience significant growth in the near future.
The Fused Deposition Modeling (FDM) segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies 3D Systems Corporation (U.S.) , voxeljet AG (Germany) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Component | Hardware, Software, Services |
Technology | Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Stereolithography (SLA), Direct Metal Laser Sintering (DMLS)/ Selective Laser Melting (SLM), Polyjet, Multi Jet Fusion, Digital Light Processing (DLP), Binder Jetting, Electron Beam Melting (EBM), Continuous Liquid Interface Production (CLIP)/ Continuous Digital Light Projection (CDLP), Selective Deposition Lamination (SDL), Laminated Object Manufacturing (LOM) |
Application | Prototyping, Production, Proof of Concept, Others (R&D, Tooling, and Others) |
End User | Automotive, Aerospace and Defense, Healthcare, Architecture and Construction, Consumer Products, Education, Others (Food, Fashion, and Others) |
List of Competitors | 3D Systems Corporation (U.S.), The ExOne Company (Germany), voxeljet AG (Germany), Materialise NV (Belgium), Redwire Corporation (U.S.), Envisiontec Inc. (Germany), Stratasys Ltd. (U.S.), HP Inc. (U.S.), General Electric Company (GE Additive) (U.S.), Autodesk Inc. (U.S.) |
This chapter will help you gain GLOBAL Market Analysis of 3D Printing. Further deep in this chapter, you will be able to review Global 3D Printing Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Component Analysis 2019 -2031, will provide market size split by Component. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Component Analysis 2019 -2031
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Chapter 11 Market Split by Technology Analysis 2019 -2031
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Chapter 12 Market Split by Application Analysis 2019 -2031
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Chapter 13 Market Split by End User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global 3D Printing market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Hardware have a significant impact on 3D Printing market? |
What are the key factors affecting the Hardware and Software of 3D Printing Market? |
What is the CAGR/Growth Rate of Fused Deposition Modeling (FDM) during the forecast period? |
By type, which segment accounted for largest share of the global 3D Printing Market? |
Which region is expected to dominate the global 3D Printing Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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