Industrial 3D Printing Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031
Industrial 3D printing market is anticipated to grow at a significant CAGR of 12.1% during the forecast period (2023-2030). The growing adoption of 3D printed molds using heat-resistant resins is the key factor supporting the growth of the market globally. This printers unlocks new production possibilities at speeds exponentially faster than comparables industrial printers. They can produce the same output as four of the next fastest industrial 3D printer on the market. To deliver unrivaled productivity and print success for industrial users key players are looking to scale additive production. The market players are also focusing on introducing fastest additive industrial 3D printing solutions that further bolster the market growth. For instance, in May 2023, Nexa3D launched XiP Pro Industrial 3D Printer. XiP Pro delivers the highest daily throughput at the lowest operational costs for the production of industrial and medical device components, enabling onshoring and reshoring efforts with additive manufacturing.
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The global industrial 3D printing market is segmented on the offering, technology, and end-users. Based on the offering, the market is sub-segmentedinto printers, materials, software and services. Based on the technology, the market is sub-segmented into stereolithography, fused deposition modelling, electron beam melting, selective laser sintering, digital light projection and others (direct metal laser sintering, polyjet printing, inkjet printing, laser metal deposition). Further, on the basis of end users, the market is sub-segmented into automotive, aerospace and defence, food and culinary, printed electronics, foundry and forging and others (healthcare, jewellery, oil and gas, consumer goods).Among the end users, the printed electronics sub-segment is anticipated to hold a considerable share of the market owing to the flexible substrates, that lowers production costs and allow the fabrication of mechanically flexible circuits
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Industrial 3D Printing Market by Offering
- Printers
- Materials
- Software
- Services
Global Industrial 3D Printing Market by Technology
- Stereolithography
- Fused Deposition Modelling
- Electron Beam Melting
- Selective Laser Sintering
- Digital Light Projection
- Others (Direct Metal Laser Sintering, Polyjet Printing, Inkjet Printing, Laser Metal Deposition)
Global Industrial 3D Printing Market by End-Users
- Automotive
- Aerospace and Defense
- Food and Culinary
- Printed Electronics
- Foundry and Forging
- Others (Healthcare, Jewelry, Oil and Gas, Consumer Goods)
Company Profiles
- 3D Systems, Inc.
- BASF SE
- Carbon, Inc.
- Desktop Metal, Inc.
- EOS GmbH
- ExOne
- Farsoon Technologies Co., Ltd.
- Formlabs Inc.
- Markforged, Inc.
- Materialise
- Nano Dimension
- Proto Labs
- Renishaw plc.
- Stratasys, Ltd.
- TRUMPF SE + Co. KGUltiMaker B.V.
- voxeljet AG
- XYZprinting, Inc.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global industrial 3D printing market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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