Global 3D Printing Market to Surpass USD 81.13 Bn By 2031| Growth Market Reports

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Growth Market Reports

26 Jun, 2023, 00:00 GMT

PUNE, India, June 26, 2023 /PRNewswire/ -- According to a recent market study by Growth Market Reports, titled, "3D Printing Market Segments - by Technologies, Components, Applications, Materials, Printer Types, Software, Verticals, and Region: Size, Share, Trends and Opportunity Analysis, 2023-2031", the market size was USD 25.99 Bn in 2022 and is expected to surpass USD 81.13 Bn at a CAGR of 20.8% by 2031.

Key Players Covered

  • Materialise NV
  • 3D Systems, Inc.
  • Autodesk Inc.
  • Canon Inc.
  • Stratasys, Ltd.
  • EnvisionTec, Inc.
  • GE Additive
  • Voxeljet AG
  • Made In Space, Inc.

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The report covers data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics. It provides an in-depth analysis of the market segments, industry players, and crucial strategies that helps market players to expand their business.

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Key Takeaways:

  • 3D printing refers to the use of advanced technology in which powder or liquid molecules are fused to print or create 3D objects.
  • Rising adoption to develop customized products is expected to drive the market.
  • Integration of AI and machine learning with 3DP software to automate commercial printing is likely to create immense opportunities.
  • The stereolithography segment is expected to grow at a high CAGR during the forecast period, owing to its ease of operation.
  • The prototyping segment is projected to hold a major market share due to the rising usage in the aerospace sector for designing complex parts.
  • North America is expected to dominate the market, as the region considers an early adopter of 3DP technology.

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Key Segments Covered

Technologies

  • Selective Laser Sintering
  • Laser Metal Deposition
  • Stereolithography
  • Electron Beam Melting
  • Direct Metal Laser Sintering
  • Fused Deposition Modeling
  • Polyjet Printing
  • Digital Light Processing
  • Inkjet Printing
  • Laminated Object Manufacturing
  • Others

Components

  • Services
  • Hardware
  • Software

Applications

  • Functional Parts
  • Prototyping
  • Tooling

Materials

  • Ceramic
  • Polymer
  • Metal

Printer Types

  • Industrial 3D Printer
  • Desktop 3D Printer

Software

  • Scanning Software
  • Inspection Software
  • Design Software
  • Printer Software

Verticals

  • Desktop 3D Printing
  • Industrial 3D Printing

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

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