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How Major Players Are Impacting the Global 3D Printing Market by 2024?

Author: Prithvi Sinha
by Prithvi Sinha
Posted: Dec 22, 2019

The global 3D printing market is estimated to reach USD 39.5 Billion in 2024 at a CAGR of 24.6%. Growing use of 3D printing in automotive industry and rising demand for prototyping and mass customization are expected to drive the 3D printing market during the forecast period. However, high initial investment and required maintenance expertise is expected to restrain the market during the forecast period. Use of 3D printing in aerospace industry is expected to become an opportunity for 3D printing market during the forecast period.

3D printing is a process in which physical objects are generated by depositing materials in layers-based on a digital model. 3D printing also reffered as additive manufacturing which requires hardware, software, and materials to work togather in same process. 3D printing can be used for creating simple parts and prototypes to high-end technological final products such as aeroplane parts and eco-friendly building among others. Key players in 3D printing market are 3D Systems Inc., Autodesk Inc., ExOne, Materialise, Proto Labs Inc., and Canon Inc. among others.

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3D Printing Market: Trends, Segmentation & Drivers

This market research report offers a comprehensive analysis of key market trends in the global 3D printing market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of technology, the 3D printing market can be segmented into stereolithographic (SLA), digital light processing (DLP), fused deposition modeling (FDM), fused filament fabrication (FFF), selective laser sintering (SLS), selective laser melting (SLM), electronic beam melting (EBM), and laminated object manufacturing (LOM). By component, the market is segmented into printer type, material type, software, and services. On the basis of end use industry, the market is segmented into automotive, consumer electronics, consumer goods, aerospace & defence, healthcare, construction, and others.

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3D Printing Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

3D Printing Market by Technology

  • Stereolithography (SLA)
  • Digital Light Processing (DLP)
  • Fused Deposition Modeling (FDM)
  • Fused Filament Fabrication (FFF)
  • Selective Laser Sintering (SLS)
  • Selective Laser Melting (SLM)
  • Electronic Beam Melting (EBM)
  • Laminated Object Manufacturing (LOM)

3D Printing Market, by Component

  • Printer Type
    • Desktop 3D Printers
    • Industrial 3D Printers
  • Material Type
    • Metal
    • Plastic
    • Ceramic
    • Nylon
    • Others
  • Software
    • Scanning Software
    • Printing Software
    • Design Software
    • Inspection Software
  • Services

3D Printing Market, by End Use Industry

  • Automotive
  • Consumer Electronics
  • Consumer Goods
  • Aerospace & Defense
  • Healthcare
  • Construction
  • Others

3D Printing Market by Region

  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Taiwan
    • Rest of Asia-Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Spain
    • Switzerland
    • Rest of Europe
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

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About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their "REVENUES".

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Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally.

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Author: Prithvi Sinha

Prithvi Sinha

Member since: Dec 18, 2019
Published articles: 20

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