Canada 3D Printing Market Overview, 2028

Canada 3D Printing Market Overview, 2028

3D printing, in essentially, allows any three-dimensional object based on a 3D model file to be printed. This works by building the entire object from the ground up by adding layer upon layer of a material. Canada is home to a highly skilled workforce and a strong research and development sector. This has led to the development of new 3D printing technologies and applications, particularly in industries such as aerospace, healthcare, and automotive. Furthermore, the adoption of 3D printing technologies in industries such as aerospace, healthcare, and automotive has increased demand for 3D printing services in Canada. This has led to the growth of 3D printing companies and the expansion of their services and capabilities. Moreover, 3D printing allows for the production of highly customized and personalized products, from prosthetics to jewelry to household items. This has led to increased demand from consumers for 3D-printed products and services. In addition, 3D printing has the potential to reduce waste and energy consumption compared to traditional manufacturing methods. This has led to increased interest in 3D printing technologies as a more sustainable alternative. In addition, the National Research Council of Canada (NRC) launched the National Manufacturing Strategy in 2007, with a focus on advanced manufacturing technologies like 3D printing. This aided in the advancement of research and development in the field, as well as the adoption of 3D printing in Canada.

According to the research report ""Canada 3D Printing Market Overview, 2028,"" published by Bonafide Research, the Canada 3D Printing market is projected to reach market size around USD 700 Million by 2028. The market is divided into two major printer types, according to the research report desktop 3D printers and industrial 3D printers. Industrial 3D printers will lead the market in 2022, with a larger market share. Industrial 3D printers are used in a variety of industries, including aerospace, automotive, healthcare, and defence, to produce more complex and customized parts and components than traditional manufacturing methods. Furthermore, industrial 3D printers can use a variety of materials, including metals, ceramics, and plastics, allowing manufacturers to select the best material for their application. 3D printers are expected to grow at a faster CAGR than industrial 3D printers due to their being more affordable, accessible, and simple to use. However, based on the offerings, the market is divided into printers, materials, services, and software segments. Printer has the largest market share during the forecast period. Because printers are the most important component of any 3D printing system, they have the highest market share in the Canada 3D printing market based on offering. It is not possible to create 3D objects using additive manufacturing technology without a printer. Materials have the highest CAGR because they are an essential component of the 3D printing process. The market has been further segmented based on application into prototyping, tooling, and functional parts manufacturing. Because of the widespread adoption of the prototyping process across multiple industry verticals, the prototyping segment held the largest share in 2022. Prototyping is especially useful in the automotive, aerospace, and defence industries for precisely designing and developing parts, components, and complex systems. In response to rising demand for designing and manufacturing functional parts, the functional parts manufacturing segment is expected to grow at the fastest CAGR between 2023 and 2028.

Canada is home to the world's first 3D-printed titanium airplane part. In 2017, the National Research Council of Canada (NRC) and aerospace company Avior Integrated Products collaborated to produce a 3D-printed titanium bracket for a Bombardier airplane. Furthermore, in 2019, the Canadian Space Agency (CSA) announced that it would be investing in research into 3D printing for space exploration. The CSA is exploring the potential of using 3D printing to produce replacement parts and tools in space. Furthermore, in 2020, the Canadian government announced a $2.2 million investment in a 3D printing research project at the University of Waterloo. The project aims to develop new materials and techniques for 3D printing that could be used in a variety of industries. Furthermore, in 2018, the Canadian government announced a $20 million investment in a 3D printing research and development program at the University of Waterloo. The program aims to develop new materials and processes for 3D printing that could be used in a variety of industries.

In Canada, there are several 3D printer manufacturers, including Tinkerine Studios, Mosaic Manufacturing, AON3D, Filaments, Anubis 3D, and many more. Furthermore, there are numerous 3D printing services available in Canada, ranging from small businesses to large companies, including Javelin Technologies, Sculpteo, Proto3000, Print Your Mind 3D, Voxel Factory, and many more. Moreover, there are many 3D printing resellers in Canada that offer a range of 3D printers, accessories, and services, including Shop3D, Spool3D, 3D Printing Canada, Designfusion, and many more. Several 3D printing-related events take place in Canada, ranging from trade shows and conferences to workshops and exhibitions. These include the Canadian Manufacturing Technology Show (CMTS), Inside 3D Printing, the Toronto International Jewellery Show, TCT Canada, the Advanced Design and Manufacturing (ADM) Expo, and many more.

In Canada, there are several regulations and guidelines in place that govern the use of 3D printing technology. 3D printing raises important questions around intellectual property (IP) rights, such as copyright, patents, and trademarks. The Canadian government has provided guidelines on how IP laws apply to 3D printing, emphasizing the need for users to respect the rights of IP owners and avoid infringement. Furthermore, in Canada, 3D-printed parts may be subject to transportation regulations, particularly in industries such as aerospace and automotive. The Canadian government provides guidelines on how to comply with transportation regulations when using 3D-printed parts in these industries. Moreover, for 3D-printed products that are sold to consumers, there are product safety regulations that apply. The Canadian government provides guidance on how to ensure that 3D-printed products are safe for consumers, including testing for material and structural integrity.

In Canada, several new 3D printing products have been introduced include, Ultimaker, a leading manufacturer of 3D printers, launched the Ultimaker S5 Pro Bundle in Canada in 2020. This product combines the Ultimaker S5 3D printer with a range of additional features, including automatic material handling, air filtration, and an integrated camera for remote monitoring. Furthermore, Stratasys, a global leader in 3D printing, launched the J750 Digital Anatomy Printer in Canada in 2019. This printer is designed for medical and educational applications, allowing for the production of lifelike anatomical models for training and surgical planning. Moreover, Markforged, a 3D printer manufacturer, launched the Metal X in Canada in 2018. This printer is designed for the production of metal parts using a range of metals, including stainless steel, titanium, and tool steel. In Canada, some of the start-ups in 3D printing are InkSmith, Mosaic Manufacturing, Structur3D Printing, Tiko3D, re:3D, and many more.

As 3D printing makes it easy to create exact replicas of products, there is a risk of intellectual property theft, which can be a significant concern for companies in Canada. Furthermore, there are regulatory challenges associated with 3D printing in Canada, particularly in industries such as healthcare and aerospace, where there are strict regulations governing the production of parts and components. Moreover, compared to other countries, the range of materials available for 3D printing in Canada can be limited, especially for high-performance materials used in industrial applications.

Considered in this report
• Geography: Canada
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Canada 3D Printing market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Offerings:
• Printers
• Materials
• Services
• Software

By Printer Type:
• Desktop 3D Printer
• Industrial 3D Printer

By Application Type:
• Prototyping
• Functional Part Manufacturing
• Tooling

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started doing primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the 3D printing industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.