Global Desktop 3D printing Market Size study & Forecast, by Offerings (Printers, Materials, Software, Services) by Process (Powder bed Fusion, Material Extrusion, VAT Photopolymerization, Material Jetting, Binder Jetting, Other Processes), by Technology (Fused Deposition Modeling (FDM), Stereolithography (SLA), Selective Laser Sintering (SLS), Direct Metal Laser Sintering (DMLS), PolyJet/multiJet Printing (MJP). Electron Beam Melting (EBM), Direct Light Projecting (DLP), Other Technologies) , by Application (Prototyping, Functional Part Manufacturing, Tooling), by Vertical (Aerospace & Defence, Industrial, Healthcare, Consumer Products, Automotive, Jewelry, Education, Energy, Architecture & Construction, Printed Electronics, Food & Culinary, Other Verticals) and Regional Analysis, 2023-2030
Global Desktop 3D printing Market is valued approximately at USD 12.7 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 18.1% over the forecast period 2023-2030. Desktop 3D printing refers to the process of creating three-dimensional objects using a 3D printer that is designed for use on a desktop or in a small workspace. It involves the layer-by-layer deposition of materials, such as plastic or resin, based on a digital 3D model. Desktop 3D printing going increasingly popular due to its accessibility, affordability, and versatility. It enables individuals, hobbyists, designers, and small businesses by producing prototypes, custom products, spare parts, and various other objects in a cost-effective and efficient manner. However, growing adaptation of Artificial Intelligence (AI) and increasing use of Internet of Things IoT is anticipated to be the growth drivers of the Global Desktop 3D Printing Market.
According to Statista in 2022, the global count of Internet of Things (IoT) devices is expected to nearly triple from 9.7 billion in 2020 to over 29 billion by 2030. According to Statista in 2022, China is expected to have the largest number of IoT devices, with approximately 5 billion consumer devices by 2030. IoT devices are utilized across various industry sectors and consumer markets, with the consumer segment representing around 60 percent of all connected IoT devices in 2020. This proportion is expected to remain consistent over the next decade. According to Statista in 2022, the global market revenue for artificial intelligence (AI) software is expected to grow from USD 51.27 billion to approximately USD 126 billion by 2025. Thus, it may push the growth of Global Desktop 3D Printing Market. However, high cost of maintenance material and lack of skilled personnel may hamper the growth of the market. Furthermore, adaptation of advance technology and growing demand for 3D printers anticipated to be the market opportunities.
The key regions considered for the Global Desktop 3D printing Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market because of the presence of major market players in this region and growing consumers demand for desktop 3D printing in various industries such as manufacturing and healthcare for preparing prototypes and samples. Asia Pacific region is expected to be the fastest growing region owing to the factors such as growing adoption of advanced technology in various fields such as manufacturing, healthcare and more and increasing shift towards prototyping that stimulates the growth of desktop 3D printing in this region.
Major market player included in this report are:Stratasys Ltd.
3D Systems Inc.
Electro Optical Systems Ltd. GmbH
Materialise NV
General Electric Company
Voxeljet AG
Hewlett-Packard Company
SLM Solutions Group AG
Proto Labs Inc.
Ultimaker B.V,
Recent Developments in the Market:In March 2023, Materialise NV and Exactech Inc joined forces to offer advanced treatment options for patients with significant shoulder defects. Exactech Inc., a renowned developer of innovative instruments, implants, and smart technologies for joint replacement surgery, collaborated with Materialise to deliver cutting-edge solutions for this specific medical condition.
In February 2023, a collaboration was established between Stratasys Ltd. and Ricoh USA, Inc. to provide on-demand 3D-printed anatomical models specifically designed for clinical settings. This partnership integrates Stratasys' patient-specific 3D solutions, including their advanced 3D printing technology, with Axial3D's cloud-based segmentation-as-a-service solution, and the precise additive manufacturing services offered by Ricoh. Together, these components combine to create a comprehensive and streamlined solution for the development of high-quality anatomical models.
Global Desktop 3D printing Market Report Scope:Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Offering, Process, Technology, Application, Vertical, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:By Offering:
Printers
Materials
Software
Services
By Process:
Powder Bed Fusion
Material Extrusion
Vat Photopolymerization
Material Jetting
Binder Jetting
Other Processes
By Technology:
Fused Deposition Modeling (FDM)
Stereolithography (SLA)
Selective Laser Sintering (SLS)
Direct Metal Laser Sintering (DMLS)
PolyJet/MultiJet Printing (MJP)
Electron Beam Melting (EBM)
Direct Light Projection (DLP)
Other Technologies
By Application:
Prototyping
Functional Part Manufacturing
Tooling
By Vertical:
Aerospace & Defence
Industrial
Healthcare
Consumer Products
Automotive
Jewelry
Education
Energy
Architecture & Construction
Printed Electronics
Food & Culinary
Other Verticals
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies Stratasys Ltd.
3D Systems Inc.
Electro Optical Systems Ltd. GmbH
Materialise NV
General Electric Company
Voxeljet AG
Hewlett-Packard Company
SLM Solutions Group AG
Proto Labs Inc.
Ultimaker B.V
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.