Global Industrial 3D Printing Market to Reach $15.3 Billion by 2030
The global market for Industrial 3D Printing estimated at US$4.3 Billion in the year 2023, is expected to reach US$15.3 Billion by 2030, growing at a CAGR of 19.9% over the analysis period 2023-2030. Industrial 3D Printers, one of the segments analyzed in the report, is expected to record a 17.8% CAGR and reach US$4.8 Billion by the end of the analysis period. Growth in the Industrial 3D Printing Materials segment is estimated at 21.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 19.1% CAGR
The Industrial 3D Printing market in the U.S. is estimated at US$1.3 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.6 Billion by the year 2030 trailing a CAGR of 19.1% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.6% and 17.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 14.7% CAGR.
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