Global Industrial 3D Printing Market Analysis & Trends - Industry Forecast to 2030
Industrial 3D Printing: Market Size
From $3.63 billion in 2024, the global Industrial 3D Printing market is projected to reach $10.84 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 20.0% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include increasing investments in printing technologies, growing focus on R&D by various manufacturers, and increasing automation in industries.
Global Industrial 3D Printing Market: Market Dynamics
The industrial 3D printing market is driven by the factors such as development of advanced 3D printing materials, increasing demand for 3D printing services, and rising demand for high-volume production. By eliminating tooling, a single 3D printing system can create numerous products of different designs in a batch.
On the other hand, the high capital requirement is likely to obstruct the profit boundaries. In addition, smart manufacturing with industry 4.0 will further boost for the Industrial 3D Printing market.
Impact of COVID-19 on Industrial 3D Printing
The COVID-19 pandemic has now become a worldwide issue and has also affected the industrial 3D printing market. Many end-use verticals deploying 3D printers have been affected by this crisis. Market players have witnessed supply chain disruptions for 3D printers across both demand and supply sides.
By End User
Aerospace & Defense Segment Dominate the Market in 2024
The aerospace & defense segment made huge revenue in 2024 and growing its prominence during the forecast period. he aerospace & defense industry is playing a major role in the evolution of 3D printing technology for manufacturing parts and prototyping. Rapid production of aircraft parts on demand through 3D printing helps save enormous space, time, and money for aircraft manufacturing companies.
By Geography
North America Region is Leading in the Global Market Place
North America region is likely to have a huge demand in the forecast period owing to the presence of several well-established market players. The demand for high strength and lightweight parts in the aerospace & defense industry and the increasing production of electric vehicles have fueled the demand for 3D-printed metal parts in the region.
List of the Key Players Profiled in the Market Include:
• Stratasys • GE Additive • HP • Materialise • Covestro • SLM Solutions • 3D Systems • Envisiontec • Optomec • EOS • Groupe Gorgé • Voxeljet • Exone • Höganäs • Renishaw
List of the Regions/Countries Profiled in the Market Include:
North America • US • Canada • Mexico Europe • Germany • U.K • Italy • France • Spain • Rest of Europe Asia Pacific • China • Japan • India • Australia • New Zealand • Rest of Asia Pacific Middle East • Saudi Arabia • UAE • Rest of Middle East Latin America • Argentina • Brazil • Rest of Latin America Rest of the World (RoW) • South Africa • Others
1 Market Outline
1.1 Definition
1.2 Market Segmentation & Scope
1.3 Market Trends
1.4 Regulatory Factors
1.5 Technology Analysis
1.6 Application Analysis
1.7 End User Analysis
1.8 Strategic Benchmarking
1.9 Opportunity Analysis
2 Executive Summary
3 Research Methodology and Data Source
3.1 Methodology/Research Approach
3.1.1 Research Programs/Design
3.1.2 Market Size Estimation
3.2 Data Source and Assumptions
3.2.1 Purchased Database
3.2.2 Company Repository
3.2.3 Secondary Sources
3.2.4 Primary Research
3.2.5 List of Assumptions
4 Market Overview
4.1 Current Trends
4.1.1 Increasing Investments in Printing Technologies
4.1.2 Growing Focus on R&D by Various Manufacturers