Global 3D Printing Market Expected to Reach USD 39.8 billion by 2025

The global 3D printing market was valued at USD 14.2 billion in 2019 and is expected to grow at a CAGR of 16.8% during the forecast period. Globally industry players in the 3D printing market are leveraging market growth through the development of innovative solutions. The vendors of 3D printing technology are providing various solutions to users such as customization, cost efficiencies, developing new products, and are further improving productivity with the help of the latest technologies.

Key players in the 3D printing market are investing heavily towards improvising the quality of products and developing the latest technologies that are further strengthening their position in the market. Moreover, local vendors are developing new products to develop cost efficiencies in their business processes thereby extending the rivalry in the market to certain.

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Aerospace & defense is the key end-user segment in the 3D printing market in 2019

Based upon end-user verticals, the 3D printing market is segmented into healthcare, automotive, printed electronics, architecture & construction, consumer products, education, aerospace & defense, jewelry, energy, industrial, food & culinary, and others. Aerospace & defense is the key end-user segment owing to 3D printing technique use in different applications for developing products that require superior quality and performance.

Geography Insight

Geographically, North America is the largest 3D printing market since the region is constantly revamping its technology and increasingly using 3D printing technology in the healthcare and aerospace and defense domain. Furthermore, increasing demand for customized products by the customers and the need for reducing operational costs by several business organizations is driving the demand for 3D printing in this region.

Competitive Insight

Some of the major players operating in the global 3D printing market include Materialise NV, Stratasys Ltd., 3D Systems Corporation, Envisiontec GmbH, The Exone Company, Sciaky Inc., Voxeljet AG, SLM Solutions Group AG., Proto Labs, Arcam Group, and Mcor Technologies Ltd.

Global 3D Printing Market Coverage

Printer Insight and Forecast 2015–2025

• Industrial Printer
• Desktop 3D Printers

Material Type Insight and Forecast 2015–2025

• Metals
• Wax
• Plastics
• Laywood
• Ceramics
• Paper
• Bio-Compatible Material

Form Insight and Forecast 2015–2025

• Liquid
• Filament
• Powder

Process Insight and Forecast 2015–2025

• Material Extrusion
• Binder Jetting
• Vat Photopolymerization
• Direct Energy Deposition
• Powder Bed Fusion
• Material Jetting
• Sheet Lamination

Application Insight and Forecast 2015–2025

• Tooling
• Prototyping
• Functional Parts

End-User Vertical Insight and Forecast 2015–2025

• Healthcare
• Automotive
• Printed Electronics
• Architecture & Construction
• Consumer Products
• Education
• Aerospace & Defense
• Jewelry
• Energy
• Industrial
• Food & Culinary
• Others

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