Selective Laser Sintering (SLS) equipment market is anticipated to grow at a significant CAGR of 22.5% during the forecast period (2024-2031). SLS is an additive manufacturing (AM) technology that uses a high-power laser to sinter small particles of polymer powder into a solid structure based on a 3D model. The growing demand for additive manufacturing technology in robotics and heavy machinery manufacturing is a key factor driving the growth of the global SLS equipment market. However, the high costs for research and development, and the complexity associated with using SLS equipment are the factors that are expected to hinder the growth of the global SLS equipment market during the forecast period.
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SLS is a more environmentally friendly manufacturing method for 3D printing. Its precision often leads to less waste when compared to traditional manufacturing since only the necessary material is sintered by the laser. Furthermore, many SLS materials can be reused or recycled. The technology fits neatly into the concept of on-demand manufacturing, where items are produced only as needed, reducing the carbon footprint associated with mass production and inventory. The growing adoption of SLS equipment to reduce their carbon footprints is a key factor driving the global market growth.
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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 SLS Equipment Market by Material
- Metal
- Nylon
Global SLS Equipment Market by Laser Type
- Solid Laser
- Gas Laser
Global SLS Equipment Market by Application
- Tooling
- Heavy Equipment & Machinery
- Robotics
Global SLS Equipment Market by End-User
- Consumer Goods
- Automotive
- Aerospace & Defense
- Medical Devices
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- 3Dnatives
- Aerosint SA
- DMG MORI. CO., LTD.
- Eplus3D
- Farsoon Technologies
- Formlabs GmbH
- Proto Labs, Inc.
- Proto3000
- Ricoh Company, Ltd.
- Sciaky, Inc.
- SHAREBOT S.R.L.
- SLM Solutions Group AG
- TRUMPF SE + Co. KG.
- Xact Metal, Inc.
- XYZprinting, Inc.
- Materialise NV
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the SLS equipment market. Based on the availability of data, information related to new products, 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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