Charleston News Online

3D Printing Market Growth, Share by Companies, Analysis, Outlook and Forecast 2023-2028

3D Printing Market Growth, Share by Companies, Analysis, Outlook and Forecast 2023-2028

June 20
21:06 2023
3D Printing Market Growth, Share by Companies, Analysis, Outlook and Forecast 2023-2028
3D Printing Market Report
Global 3D printing market size reached US$ 19.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 67 Billion by 2028, exhibiting a growth rate (CAGR) of 21.4% during 2023-2028.

IMARC Group, a leading market research company, has recently releases report titled “3D Printing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global 3D printing market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the 3D Printing Market?

Report Attributes

Details

Market Size in 2022

US$ 19.8 Billion

Market Forecast in 2028

US$ 67 Billion

Growth rate (2023 to 2028)

CAGR of 21.4%  

Base Year of the Analysis

2022

Forecast Period

2023-2028

What is 3D Printing?

3D printing, also known as additive manufacturing, is a technology that enables the creation of three-dimensional objects by layering materials one on top of another. One of the key characteristics of 3D printing is its ability to produce complex shapes and structures that are challenging or impossible to achieve using traditional manufacturing methods. It allows for precise customization and rapid prototyping, thereby reducing the time and cost associated with product development. The features of 3D printing include material versatility, as it can use various materials, such as plastics, metals, ceramics, and even living tissues. It offers design freedom, allowing for the creation of complex geometries and intricate patterns. Additionally, 3D printing is known for its layer-by-layer construction, which provides high precision and accuracy in the manufacturing process. The application of 3D printing spans across multiple industries, such as the automotive, aerospace, defence, architecture, and education.

Request For a PDF Sample Report: https://www.imarcgroup.com/3d-printing-market/requestsample

What Are the Growth Prospects and Trends in the 3D Printing Market?

The continuous advancements in 3D printing technology, such as improved printing speed, higher resolution, and increased material options, are influencing the market growth positively. Moreover, 3D printing enables cost savings by reducing material wastage, optimizing production processes, and eliminating the need for tooling or moulds, thereby propelling the market growth. In addition to this, 3D printing enables customization and personalization of products, thus catering to individual needs and preferences. This, in turn, is acting as a major growth-inducing factor. 3D printing allows for quick and cost-effective prototyping, accelerating product development cycles and reducing time to market, driving the market growth. 3D printing also enables decentralized manufacturing, reducing dependence on global supply chains and enabling on-demand production, which is contributing to the market growth. The additive manufacturing in 3D printing minimizes material waste and energy consumption, making it an environmentally friendly manufacturing solution, thereby boosting the market growth.

3D printing is extensively utilized in the healthcare industry in the production of patient-specific implants, prosthetics, and anatomical models. In line with this, 3D printing is widely adopted in dentistry for producing dental models, aligners, surgical guides, and customized dental prosthetics, which is pushing the market forward toward growth. Artists and designers are leveraging 3D printing to produce unique sculptures, installations, and functional art pieces, which is driving the growth of the market. Furthermore, 3D printing allows for on-demand production of consumer goods, personalized accessories, and customized products, thereby enhancing the consumer experience. In line with this, fashion and jewellery designers are leveraging 3D printing to produce unique jewellery designs and innovative fashion accessories, which is leading the market toward growth. The extensive utilization of 3D printing in the education industry for improving the quality of subjective illustrations and simplification of complicated concepts through interactive visualizations is driving the market toward growth. Other factors, such as increasing usage of 3D printing in manufacturing lightweight and complex components of aircraft, spacecraft, and defence equipment, are creating a positive outlook for the market across the globe.

Buy This Report Now: https://www.imarcgroup.com/checkout?id=1325&method=1

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Who Are the Key Players Operating in the 3D Printing Industry?

The report has also analysed the competitive landscape of the market with some of the key players.

  • Stratasys
  • 3D Systems
  • Materialise
  • EOS GmbH
  • Ge Additive
  • Exone
  • Voxeljet
  • HP
  • SLM Solutions
  • Envisiontec
  • Protolabs
  • Mcor Technologies
  • Optomec
  • Groupe Gorgé
  • Ultimaker
  • Renishaw
  • Beijing Tiertime Technology
  • Xyzprinting

What is Included in Market Segmentation?

The report has categorized the market based on technology, process, material, offering, application, end-user and region.

Breakup by Technology:

  • Stereolithography
  • Fused Deposition Modeling
  • Selective Laser Sintering
  • Electron Beam Melting
  • Digital Light Processing
  • Others

Analyzed by Process:

  • Binder Jetting
  • Directed Energy Deposition
  • Material Extrusion
  • Material Jetting
  • Powder Bed Fusion
  • Sheet Lamination
  • Vat Photopolymerization

Based on Material:

  • Photopolymers
  • Plastics
  • Metals and Ceramics
  • Others

Analyzed by Offering:

  • Printer
  • Material
  • Software
  • Service

Breakup by Application:

  • Prototyping
  • Tooling
  • Functional Part Manufacturing 

Based on End-User:

  • Consumer Products
  • Machinery
  • Healthcare
  • Aerospace
  • Automobile
  • Others

Regional Analysis:

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

Ask Analyst for Customization and Explore full report with TOC & List of Figureshttps://www.imarcgroup.com/request?type=report&id=1325&flag=C

Key Highlights of The Report:                                                    

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Related Reports by IMARC Group:

Connected Drug Delivery Devices Market Share, Key Players, Opportunity and Forecast 2023-2028

Angioplasty Balloons Market Growth, Insights, Trends Analysis and Forecast 2023-2028

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:134 N 4th St.
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com