[2023] 3D Printing Market Share: A Comprehensive Guide


Welcome to 3D Printed™, your ultimate guide to all things 3D printing! In this article, we will delve into the fascinating world of 3D printing market share. As the demand for 3D printing continues to grow, it’s essential to understand the market dynamics, key players, and emerging trends. So, let’s dive in and explore the exciting realm of 3D printing market share!

Table of Contents

Quick Answer

The global 3D printing market is experiencing rapid growth, with a projected market size of USD 88.28 billion by 2030, growing at a CAGR of 23.3% from 2023 to 2030[1]. This growth is driven by advancements in 3D printing technologies, increasing demand for prototyping applications, and the adoption of additive manufacturing in various industries.

Quick Tips and Facts

  • The global 3D printing market is projected to reach USD 88.28 billion by 2030[^1].
  • The market is driven by aggressive research and development in 3D printing and the growing demand for prototyping applications in industries such as healthcare, automotive, and aerospace & defense[^1].
  • Additive manufacturing, which involves layer-by-layer addition of material to form an object, is commonly used in industrial applications[^1].
  • The industrial printer segment accounted for more than 76.0% share of the global revenue in 2022, while the desktop printer segment is expected to rise significantly in the coming years[^1].
  • The stereolithography technology segment led the market, followed by fuse deposition modeling (FDM), direct metal laser sintering (DMLS), and selective laser sintering (SLS)[^1].
  • Design software is the largest segment in the software category, followed by inspection software, printer software, and scanning software[^1].
  • The prototyping segment accounted for the largest share in the application category, followed by tooling and functional parts[^1].
  • The automotive vertical led the market in terms of revenue share, followed by aerospace and defense, healthcare, consumer electronics, industrial, power and energy, and others[^1].
  • The metal segment led the market in terms of material, followed by polymer and ceramic[^1].
  • North America led the market in terms of regional revenue share, followed by Europe and the Asia Pacific[^1].
  • Key players in the market include Stratasys, Ltd., Materialise, EnvisionTec, Inc., 3D Systems, Inc., GE Additive, Autodesk Inc., Made In Space, Canon Inc., and Voxeljet AG[^1].

Background


The history of 3D printing dates back to the 1980s when the technology was first developed. Since then, it has evolved significantly, revolutionizing various industries. 3D printing, also known as additive manufacturing, involves creating three-dimensional objects by layering materials based on a digital model. This technology has gained immense popularity due to its ability to produce complex and customized objects with ease.

Market Overview


The 3D printing market has witnessed exponential growth in recent years. The market size was valued at USD 16.75 billion in 2022 and is projected to reach USD 88.28 billion by 2030, with a CAGR of 23.3% from 2023 to 2030[^1]. This growth can be attributed to several factors, including advancements in 3D printing technologies, increasing demand for prototyping applications, and the adoption of additive manufacturing in various industries.

Printer Types


When it comes to 3D printers, there are various types available in the market. The industrial printer segment accounted for the majority of the market share in 2022, with more than 76.0% of the global revenue[^1]. These printers are designed for large-scale production and are commonly used in industries such as automotive, aerospace, and healthcare. On the other hand, desktop printers are gaining popularity among hobbyists, educators, and small businesses due to their affordability and ease of use.

Technologies


Several 3D printing technologies are driving the market. The stereolithography technology segment led the market in 2022, followed by fuse deposition modeling (FDM), direct metal laser sintering (DMLS), and selective laser sintering (SLS)[^1]. Each technology has its own advantages and applications, catering to different industry needs. It’s important to understand the capabilities and limitations of each technology before choosing the right one for your project.

Software Insights


Software plays a crucial role in the 3D printing process. Design software is the largest segment in the software category, followed by inspection software, printer software, and scanning software[^1]. Design software allows users to create and modify 3D models, while inspection software ensures the quality and accuracy of printed objects. Printer software controls the printing process, and scanning software enables the creation of 3D models from real-world objects.

Applications


The applications of 3D printing are vast and diverse. The prototyping segment accounted for the largest share in the application category, followed by tooling and functional parts[^1]. 3D printing is widely used in industries such as automotive, aerospace, healthcare, consumer electronics, and industrial manufacturing. It enables rapid prototyping, customization, and cost-effective production of complex parts.

Verticals


Various industries are leveraging the power of 3D printing. The automotive vertical led the market in terms of revenue share, followed by aerospace and defense, healthcare, consumer electronics, industrial, power and energy, and others[^1]. In the automotive industry, 3D printing is used for rapid prototyping, tooling, and production of lightweight components. In healthcare, it enables the creation of customized medical implants and prosthetics.

Materials


A wide range of materials can be used in 3D printing. The metal segment led the market in terms of material, followed by polymer and ceramic[^1]. Metal 3D printing is gaining traction in industries such as aerospace and healthcare, where high-strength and heat-resistant parts are required. Polymer-based 3D printing is more common and offers a wide variety of materials with different properties.

Components


3D printers consist of various components that work together to create objects. These components include the printer itself, the build plate, extruders or lasers, and the control system. Each component plays a crucial role in the printing process, and advancements in component technologies have contributed to the growth of the 3D printing market.

Regional Insights


The 3D printing market is geographically diverse. North America led the market in terms of regional revenue share, followed by Europe and the Asia Pacific[^1]. These regions have a strong presence of key players and a high adoption rate of 3D printing technologies. However, other regions, such as Latin America and the Middle East, are also witnessing significant growth in the 3D printing market.

Key Companies


Several key players are driving the 3D printing market. These include Stratasys, Ltd., Materialise, EnvisionTec, Inc., 3D Systems, Inc., GE Additive, Autodesk Inc., Made In Space, Canon Inc., and Voxeljet AG[^1]. These companies are at the forefront of innovation, developing cutting-edge technologies and solutions to meet the growing demand for 3D printing.

FAQ

3d printing market share 3D Printed

What is 3D printing market share?

The 3D printing market share refers to the portion of the overall market that is captured by 3D printing technologies, products, and services. It represents the market dominance of 3D printing in comparison to other manufacturing methods.

How big is the market for 3D printing?

The global 3D printing market is projected to reach USD 88.28 billion by 2030[^1]. This indicates the significant size and growth potential of the market.

Read more about “… Statistics about 3D Printing: 100 Facts and Trends to Follow in 2023”

What is the 3D printing market statistics?

The 3D printing market statistics include data on market size, growth rate, revenue share by segment, regional distribution, and key players. These statistics provide insights into the current state and future prospects of the 3D printing market.

Read more about “… The Explosive Growth of the 3D Printing Market: A Comprehensive Guide”

What is the current 3D printing market?

The current 3D printing market is experiencing rapid growth, driven by advancements in technology, increasing demand for prototyping applications, and the adoption of additive manufacturing in various industries. The market is characterized by intense competition and continuous innovation.

Conclusion

In conclusion, the 3D printing market is witnessing remarkable growth, driven by advancements in technology and increasing demand for prototyping applications. The market offers a wide range of opportunities for businesses and individuals alike. Whether you’re a hobbyist, a professional, or an industry player, 3D printing has the potential to transform the way you create and innovate. So, embrace the power of 3D printing and unlock a world of endless possibilities!

Now that you have a comprehensive understanding of the 3D printing market share, it’s time to unleash your creativity and explore the endless possibilities of this revolutionary technology. Happy printing!

[^1]: 3D Printing Market Size, Share & Trends Analysis Report

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