3Dプリンティング市場 : 2029年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年4月

3D Printing Market – Global Forecast to 2029

3Dプリンティング市場 : 提供内容 (プリンター、材料、ソフトウェア、サービス)、技術 (溶融堆積モデリング、光造形)、プロセス (粉末床溶融、材料押出、バインダージェッティング)、用途、垂直および地域別 – 2029年までの世界予測
3D Printing Market by Offering (Printer, Material, Software, Services), Technology (Fused Deposition Modelling, Stereolithography), Process (Powder Bed Fusion, Material Extrusion, Binder Jetting), Application, Vertical & Region – Global Forecast to 2029

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Report Overview

The 3D Printing market is projected to grow from USD 17.5 billion in 2024 and is projected to reach USD 37.4 billion by 2029; it is expected to grow at a CAGR of 16.4% from 2024 to 2029.

3Dプリンティング市場は 2024 年の 175 億米ドルから成長し、2029 年までに 374 億米ドルに達すると予測されています。 2024 年から 2029 年にかけて 16.4% の CAGR で成長すると予想されています。

Facilitate towards the development of customized products, reduce manufacturing cost and process downtime, and increase government investment in 3D printing projects.

3Dプリンティング市場 : 2029年までの世界予測

“Market for printer segment to hold the largest share during the forecast period.”

Printers stand as the foundational element, varying from desktop models for prototyping to industrial-scale machines catering to large-scale production needs. Materials play a pivotal role, spanning plastics, metals, ceramics, composites, resins, and biomaterials, each tailored to specific industry requirements and driving innovation across aerospace, healthcare, and automotive sectors. Services form another vital aspect, offering printing, design customization, consulting, maintenance, and post-processing solutions, facilitating access to 3D printing capabilities without direct ownership. Lastly, the software serves as the digital backbone, empowering design, simulation, optimization, and workflow management, supporting intricate geometries, multi-material printing, and seamless integration with existing manufacturing systems. Together, these components fuel innovation, expand applications, and streamline operations, propelling the 3D printing market forward into new realms of possibility and adoption.

“Market for Fuse deposition modelling (FDM) segment is projected to hold the largest share during the forecast timeline.”

Fused Deposition Modeling (FDM), an additive manufacturing process in 3D printing, contrasts subtractive manufacturing methods like machining by adding material layer by layer to create objects. One key advantage of FDM is its soluble support material, simplifying the fabrication of complex geometries and internal cavities. This technology is suitable for office environments due to its cleanliness and use of production-grade materials that ensure mechanical and environmental stability. FDM thermoplastics offer properties necessary for applications requiring precise tolerances, durability, and strength across various environments, often using the same materials as traditional manufacturing processes like injection molding. Stratasys FDM technology, known for its precision, reliability, and repeatability, provides efficiencies over conventional methods, reducing production costs and lead times for quicker market entry. Its broad material portfolio caters to diverse applications, from functional prototyping to end-use parts, bridging engineering-grade plastics to high-performance polymers. This versatility, ease of use, and significant material selection positions FDM as a go-to resource across major industries seeking time and cost-efficient alternatives to traditional manufacturing, including aerospace, automotive, and railway sectors.

3Dプリンティング市場 : 2029年までの世界予測 ecosystem

“Market for Material Extrusion segment is projected to hold the second largest share during the forecast timeline.”

Material Extrusion is a widely utilized 3D printing process that feeds a continuous thermoplastic filament through a heated extruder head, which melts the material and deposits it in layers to construct a 3D object. This process is guided by computer-controlled movements of the extruder nozzle, ensuring precise placement of the molten material onto a heated platform for improved adhesion. The popularity of FFF/FDM has surged due to its accessibility, particularly with the emergence of open-source communities like RepRap following the expiration of Stratasys’ FDM patent.

“The healthcare segment holds the second-largest market share during the forecast period.”

Rapid advancements in 3D printing technology are reshaping the landscape of medical products, ushering in a new era of personalized medicine and enhanced patient care. One key area of progress is in personalized implants and prosthetics, where 3D printing allows for the creating patient-specific devices based on CT scans and MRIs, ensuring precise fits and improved functionality. Biocompatible materials like titanium alloys and polymers further enhance these implants, reducing rejection risks and improving integration with the body. In surgical planning and training, 3D printed models enable surgeons to pre-plan procedures and practice techniques, while customizable surgical instruments tailored to patient anatomy enhance precision in the operating room.

“North America is expected to have the largest market share CAGR during the forecast period.”

Government initiatives in 3D printing technology are crucial in accelerating market growth in North America. Through strategic investments, funding programs, and partnerships with industry stakeholders, federal and state governments are fostering innovation and adoption of 3D printing across various sectors such as aerospace, healthcare, automotive, and manufacturing. Initiatives include research grants for advanced materials and technologies, establishing additive manufacturing centers of excellence, developing regulatory frameworks to support safe and efficient 3D printing practices, and collaborating with educational institutions to train a skilled workforce. These efforts drive technological advancements, stimulate market demand, encourage entrepreneurship, and position the US as a global leader in the 3D printing industry.
Extensive primary interviews were conducted with key industry experts in the 3D Printing market space to determine and verify the market size for various segments and subsegments gathered through secondary research. The break-up of primary participants for the report has been shown below:

The break-up of the profile of primary participants in the 3D Printing market:

  •  By Company Type: Tier 1 – 35%, Tier 2 – 40%, and Tier 3 – 25%
  •  By Designation: C Level – 30%, Director Level – 40%, Others-30%
  •  By Region: North America – 40%, Europe – 25%, Asia Pacific – 30%, ROW- 5%

3Dプリンティング市場 : 2029年までの世界予測 region

The report profiles key players in the 3D Printing market with their respective market ranking analysis. Prominent players profiled in this report are Stratasys (US), 3D Systems, Inc. (US), HP Development Company, L.P. (US), EOS GmbH (Germany), General Electric (US), Materialise NV (Belgium), Desktop Metal, Inc. (US), voxeljet AG (Germany), SLM Solutions (Germany), Renishaw plc. (UK) among others.
Apart from this, Protolabs (US), Optomec, Inc. (Mexico), Prodways Group (France), Ultimaker (Netherlands), Tiertime (China), XYZprinting (Taiwan), Höganäs AB (Sweden), UnionTech (China), Nexa3D (US), Trumpf (Germany), Formlabs (US), Markforged (US), Carbon (US), Nano Dimension (Israel), Rapid Shape GmbH (Germany) are among a few emerging companies in the 3D Printing market.

Research Coverage:

This research report categorizes the 3D printing market based on offering, technology, process, application, vertical and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the 3D Printing market and forecasts the same till 2029. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the 3D Printing ecosystem.
Key Benefits of Buying the Report The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall 3D Printing market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

• Analysis of key drivers (Ease in development of customized products, Reduction in manufacturing cost and process downtime, Global government investment in 3D printing projects, Availability of wide variety of industrial-grade 3D printing materials, and Complex part manufacturing in the aerospace & defense sector) influencing the growth of the 3D Printing market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the 3D Printing market.
• Market Development: Comprehensive information about lucrative markets – the report analysis the 3D Printing market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the 3D Printing market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players Stratasys (US), 3D Systems, Inc. (US), HP Development Company, L.P. (US), EOS GmbH (Germany), General Electric (US) among others in the 3D Printing market.

Table of Contents

1            INTRODUCTION            42

1.1         STUDY OBJECTIVES      42

1.2         MARKET DEFINITION   42

1.2.1      INCLUSIONS AND EXCLUSIONS 43

1.3         STUDY SCOPE  44

1.3.1      MARKETS COVERED     44

FIGURE 1           3D PRINTING MARKET SEGMENTATION            44

1.3.2      REGIONAL SCOPE         45

1.3.3      YEARS CONSIDERED     45

1.4         CURRENCY CONSIDERED          45

1.5         LIMITATIONS   46

1.6         STAKEHOLDERS            46

1.7         SUMMARY OF CHANGES            47

1.8         RECESSION IMPACT      48

FIGURE 2           GDP GROWTH PROJECTION TILL 2023 FOR MAJOR ECONOMIES     48

2            RESEARCH METHODOLOGY     50

2.1         RESEARCH DATA           50

FIGURE 3           3D PRINTING MARKET: RESEARCH DESIGN       51

2.1.1      SECONDARY DATA       52

2.1.1.1   Key secondary sources       52

2.1.1.2   Key data from secondary sources     53

2.1.2      PRIMARY DATA 53

2.1.2.1   Primary interviews with experts       53

2.1.2.2   Key data from primary sources         54

2.1.2.3   Key industry insights          55

2.1.2.4   Breakdown of primaries     55

2.1.3      SECONDARY AND PRIMARY RESEARCH 55

2.2         MARKET SIZE ESTIMATION       57

FIGURE 4           3D PRINTING MARKET: PROCESS FLOW OF MARKET SIZE ESTIMATION    57

2.2.1      TOP-DOWN APPROACH             57

2.2.1.1   Approach to derive market size using top-down analysis (supply side)     58

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       58

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE) 59

FIGURE 7           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE) 60

2.2.2      BOTTOM-UP APPROACH           60

2.2.2.1   Approach to derive market size using bottom-up analysis (demand side) 60

FIGURE 8           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       61

2.3         DATA TRIANGULATION             62

FIGURE 9           DATA TRIANGULATION             62

2.4         RESEARCH ASSUMPTIONS         63

2.5         RISK ASSESSMENT         64

2.6         PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON 3D PRINTING MARKET 65

2.7         RESEARCH LIMITATIONS           65

3            EXECUTIVE SUMMARY 66

FIGURE 10         SERVICES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       67

FIGURE 11         SELECTIVE LASER SINTERING (SLS) SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD    67

FIGURE 12         POWDER BED FUSION SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD     68

FIGURE 13         FUNCTIONAL PART MANUFACTURING SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 69

FIGURE 14         AUTOMOTIVE SEGMENT TO RECORD HIGHEST CAGR IN 3D PRINTING MARKET DURING FORECAST PERIOD            70

FIGURE 15         ASIA PACIFIC TO REGISTER HIGHEST CAGR IN 3D PRINTING MARKET DURING FORECAST PERIOD   71

4            PREMIUM INSIGHTS      72

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN 3D PRINTING MARKET            72

FIGURE 16         RISING DEMAND FOR 3D PRINTING IN FUNCTIONAL PART MANUFACTURING TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS           72

4.2         3D PRINTING MARKET, BY OFFERING   72

FIGURE 17         SERVICES SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029      72

4.3         3D PRINTING MARKET, BY TECHNOLOGY         73

FIGURE 18         SELECTIVE LASER SINTERING (SLS) SEGMENT TO RECORD HIGHEST CAGR IN 3D PRINTING MARKET DURING FORECAST PERIOD 73

4.4         3D PRINTING MARKET, BY PROCESS     73

FIGURE 19         POWDER BED FUSION SEGMENT TO LEAD 3D PRINTING MARKET DURING FORECAST PERIOD   73

4.5         3D PRINTING MARKET, BY APPLICATION          74

FIGURE 20         FUNCTIONAL PART MANUFACTURING SEGMENT TO EXHIBIT HIGHEST CAGR IN 3D PRINTING MARKET DURING FORECAST PERIOD 74

4.6         3D PRINTING MARKET, BY VERTICAL   74

FIGURE 21         AUTOMOTIVE SEGMENT TO HOLD LARGEST SHARE OF 3D PRINTING MARKET IN 2024       74

4.7         3D PRINTING MARKET, BY COUNTRY   75

FIGURE 22         3D PRINTING MARKET IN CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD     75

5            MARKET OVERVIEW     76

5.1         INTRODUCTION            76

5.2         EVOLUTION OF 3D PRINTING   76

FIGURE 23         3D PRINTING EVOLUTION        76

5.2.1      IMPACT OF 3D PRINTING, BY VERTICAL            77

TABLE 1             IMPACT OF 3D PRINTING, BY VERTICAL            77

5.3         MARKET DYNAMICS     79

FIGURE 24         3D PRINTING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    79

5.3.1      DRIVERS            79

5.3.1.1   Ease in manufacturing of customized products             79

5.3.1.2   Reduction in manufacturing costs and process downtime           80

5.3.1.3   Increasing government-led investments in 3D printing projects 81

TABLE 2             GLOBAL GOVERNMENT-LED FUNDING FOR 3D PRINTING PROJECTS         82

5.3.1.4   Availability of various industrial-grade 3D printing materials     83

5.3.1.5   High demand for lightweight yet durable parts in aerospace & defense vertical              84

FIGURE 25         3D PRINTING MARKET: IMPACT ANALYSIS OF DRIVERS 85

5.3.2      RESTRAINTS     85

5.3.2.1   Lack of standardized testing methods to verify mechanical properties of 3D printing materials and high raw material costs              85

5.3.2.2   Inadequate design and process control data due to lack of printing material specifications       86

FIGURE 26         3D PRINTING MARKET: IMPACT ANALYSIS OF RESTRAINTS              87

5.3.3      OPPORTUNITIES           87

5.3.3.1   Increasing demand for medical products and supplies in post-pandemic scenario              87

5.3.3.2   Rapid advancements in printing technologies and materials and development of knowledge and skill progression frameworks  88

5.3.3.3   Emerging applications of 3D printing technology in automotive, printed electronics, jewelry, and education verticals   89

5.3.3.4   Advancements in 3D printing materials         90

FIGURE 27         3D PRINTING MARKET: IMPACT ANALYSIS OF OPPORTUNITIES           92

5.3.4      CHALLENGES   92

5.3.4.1   Ensuring consistent quality of final 3D-printed products with repeatable and stable production processes              92

5.3.4.2   Threat of copyright infringement     93

5.3.4.3   Decline in sales of 3D printing devices attributed to recession   93

FIGURE 28         3D PRINTING MARKET: IMPACT ANALYSIS OF CHALLENGES              94

5.4         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 94

FIGURE 29         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES              94

5.5         PRICING ANALYSIS        95

5.5.1      AVERAGE SELLING PRICE (ASP) OF 3D PRINTERS OFFERED BY KEY PLAYERS, BY TYPE         96

FIGURE 30         AVERAGE SELLING PRICE (ASP) OF 3D PRINTERS OFFERED BY KEY PLAYERS, BY TYPE (USD)   96

TABLE 3             AVERAGE SELLING PRICE (ASP) OF 3D PRINTERS OFFERED BY KEY PLAYERS, BY TYPE (USD)   96

5.5.2      AVERAGE SELLING PRICE (ASP) TREND OF 3D PRINTERS, BY REGION              97

FIGURE 31         AVERAGE SELLING PRICE (ASP) TREND OF DESKTOP 3D PRINTERS, BY REGION, 2020–2029 (USD)             97

FIGURE 32         AVERAGE SELLING PRICE (ASP) TREND OF INDUSTRIAL 3D PRINTERS, BY REGION, 2020–2029 (USD)             98

5.6         VALUE CHAIN ANALYSIS            98

FIGURE 33         3D PRINTING MARKET: VALUE CHAIN ANALYSIS           98

5.6.1      RESEARCH AND DEVELOPMENT ENGINEERS    99

5.6.2      MATERIAL AND SOFTWARE PROVIDERS            99

5.6.3      MANUFACTURERS        99

5.6.4      SERVICE PROVIDERS    99

5.6.5      END-USER INDUSTRIES 100

5.6.6      AFTER-SALES SERVICE PROVIDERS       100

5.7         ECOSYSTEM ANALYSIS 100

FIGURE 34         KEY PLAYERS IN 3D PRINTING ECOSYSTEM       100

5.7.1      MATERIAL SUPPLIERS  100

5.7.1.1   Polymer providers             100

5.7.1.2   Metal providers   101

5.7.2      SOFTWARE PROVIDERS             101

5.7.3      PRINTER PROVIDERS    101

5.7.3.1   Industrial 3D printer providers        101

5.7.3.2   Desktop 3D printer providers          101

TABLE 4             ROLE OF COMPANIES IN 3D PRINTING ECOSYSTEM      102

5.8         INVESTMENT AND FUNDING SCENARIO            103

FIGURE 35         INVESTMENT AND FUNDING SCENARIO FOR STARTUPS, 2024 (USD MILLION) 103

5.9         TECHNOLOGY ANALYSIS           104

TABLE 5             EMERGING 3D PRINTING TECHNOLOGIES        104

5.9.1      KEY TECHNOLOGY       105

5.9.1.1   Hybrid manufacturing       105

5.9.1.2   MELD process     105

5.9.2      COMPLEMENTARY TECHNOLOGY        106

5.9.2.1   3D bioprinting and tissue engineering           106

5.9.2.2   IoT integration and connectivity      106

5.9.3      ADJACENT TECHNOLOGY         107

5.9.3.1   Computer numerical control (CNC) machining           107

5.9.3.2   Injection molding 108

5.10       PATENT ANALYSIS        109

5.10.1    LIST OF PATENTS          109

TABLE 6             LIST OF PATENTS RELATED TO 3D PRINTING, 2023       109

FIGURE 36         NUMBER OF PATENTS GRANTED PER YEAR, 2014–2024 113

FIGURE 37         TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS          114

TABLE 7             TOP 10 PATENT OWNERS IN LAST 10 YEARS      114

5.11       TRADE ANALYSIS          115

5.11.1    IMPORT SCENARIO       115

FIGURE 38         IMPORT DATA FOR HS CODE 847790-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            115

5.11.2    EXPORT SCENARIO       116

FIGURE 39         EXPORT DATA FOR HS CODE 847790-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            116

5.12       KEY CONFERENCES AND EVENTS, 2024–2025     117

TABLE 8             3D PRINTING MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025        117

5.13       CASE STUDY ANALYSIS 119

5.13.1    SWINBURNE UNIVERSITY COLLABORATED WITH RENISHAW TO ENHANCE ELECTRIC CARS’ PERFORMANCE IN COMPETITION AGAINST PETROL-POWERED VEHICLES  119

5.13.2    LINEX CORPORATION ENHANCED INSPECTION PRECISION USING RENISHAW’S CUSTOM ADDITIVE MANUFACTURED STYLUS      120

5.13.3    PROTOLABS’ DMLS SERVICE HELPED ALEX DEGNES ADDRESS TWO-STROKE ENGINE SPEED RECORD CHALLENGE 120

5.13.4    PEPSICO ACHIEVED RAPID TOOLING DEVELOPMENT, DURABILITY, AND COST REDUCTION USING NXE 400 3D PRINTER     121

5.13.5    LALALAND PRODUCTION AND DESIGN REVOLUTIONIZED FOOTWEAR MANUFACTURING USING NEXA3D’S SLS PRINTER 121

5.14       REGULATORY LANDSCAPE AND STANDARDS   122

5.14.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          122

TABLE 9             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         123

TABLE 10           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         123

TABLE 11           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         124

TABLE 12           ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         125

5.14.2    STANDARDS RELATED TO 3D PRINTING            125

TABLE 13           NORTH AMERICA: SAFETY STANDARDS FOR 3D PRINTING              125

TABLE 14           EUROPE: SAFETY STANDARDS FOR 3D PRINTING           126

TABLE 15           ASIA PACIFIC: SAFETY STANDARDS FOR 3D PRINTING  126

TABLE 16           ROW: SAFETY STANDARDS FOR 3D PRINTING   127

5.15       PORTER’S FIVE FORCES ANALYSIS         127

TABLE 17           3D PRINTING MARKET: PORTER’S FIVE FORCES ANALYSIS              127

FIGURE 40         3D PRINTING MARKET: PORTER’S FIVE FORCES ANALYSIS              128

5.15.1    THREAT OF NEW ENTRANTS    128

5.15.2    THREAT OF SUBSTITUTES         128

5.15.3    BARGAINING POWER OF SUPPLIERS     129

5.15.4    BARGAINING POWER OF BUYERS           129

5.15.5    INTENSITY OF COMPETITIVE RIVALRY 129

5.16       KEY STAKEHOLDERS AND BUYING CRITERIA    129

5.16.1    KEY STAKEHOLDERS IN BUYING PROCESS         129

FIGURE 41         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS             129

TABLE 18           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS (%)      130

5.16.2    BUYING CRITERIA         130

FIGURE 42         KEY BUYING CRITERIA FOR TOP THREE VERTICALS     130

TABLE 19           KEY BUYING CRITERIA FOR TOP THREE VERTICALS     130

6            3D PRINTING MARKET, BY OFFERING   131

6.1         INTRODUCTION            132

FIGURE 43         SERVICES SEGMENT TO RECORD HIGHEST CAGR IN 3D PRINTING MARKET DURING FORECAST PERIOD            132

TABLE 20           3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)          132

TABLE 21           3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)          133

6.2         PRINTERS          134

FIGURE 44         INDUSTRIAL PRINTERS SEGMENT TO DOMINATE 3D PRINTING MARKET FOR PRINTERS DURING FORECAST PERIOD            134

TABLE 22           PRINTERS: 3D PRINTING MARKET, BY TYPE, 2020–2023 (USD MILLION)          134

TABLE 23           PRINTERS: 3D PRINTING MARKET, BY TYPE, 2024–2029 (USD MILLION)          135

TABLE 24           PRINTERS: 3D PRINTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 135

TABLE 25           PRINTERS: 3D PRINTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 135

TABLE 26           PRINTERS: 3D PRINTING MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 136

TABLE 27           PRINTERS: 3D PRINTING MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 136

TABLE 28           PRINTERS: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)          137

TABLE 29           PRINTERS: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)          137

6.2.1      DESKTOP PRINTERS     137

6.2.1.1   Growing use of desktop printers in schools and universities to drive market              137

6.2.2      INDUSTRIAL PRINTERS 138

6.2.2.1   Rising adoption of industrial printers to generate concept models, precision and functional prototypes, and master patterns and molds to drive market     138

6.3         MATERIALS      140

FIGURE 45         PLASTICS SEGMENT TO DOMINATE 3D PRINTING MARKET FOR MATERIALS DURING FORECAST PERIOD   140

TABLE 30           MATERIALS: 3D PRINTING MARKET, BY TYPE, 2020–2023 (USD MILLION)          141

TABLE 31           MATERIALS: 3D PRINTING MARKET, BY TYPE, 2024–2029 (USD MILLION)          141

TABLE 32           MATERIALS: 3D PRINTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION)     141

TABLE 33           MATERIALS: 3D PRINTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     142

TABLE 34           MATERIALS: 3D PRINTING MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 142

TABLE 35           MATERIALS: 3D PRINTING MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 143

TABLE 36           MATERIALS: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION) 143

TABLE 37           MATERIALS: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION) 143

6.3.1      PLASTICS          144

6.3.1.1   Growing use to create functional prototypes and end-use parts in various verticals to drive demand   144

TABLE 38           PLASTICS: 3D PRINTING MARKET, BY TYPE, 2020–2023 (USD MILLION)          144

TABLE 39           PLASTICS: 3D PRINTING MARKET, BY TYPE, 2024–2029 (USD MILLION)          144

6.3.1.2   Thermoplastics    144

6.3.1.2.1 Versatility of thermoplastics in 3D printing to fuel demand        144

TABLE 40           THERMOPLASTICS: 3D PRINTING MARKET, BY TYPE, 2020–2023 (USD MILLION) 145

TABLE 41           THERMOPLASTICS: 3D PRINTING MARKET, BY TYPE, 2024–2029 (USD MILLION) 145

6.3.1.2.2 Acrylonitrile butadiene styrene (ABS)           145

TABLE 42           TECHNICAL SPECIFICATIONS OF ACRYLONITRILE BUTADIENE STYRENE (ABS)     146

6.3.1.2.3 Polylactic acid (PLA)        146

TABLE 43           TECHNICAL SPECIFICATIONS OF POLYLACTIC ACID (PLA)              147

6.3.1.2.4 Nylon    147

TABLE 44           TECHNICAL SPECIFICATIONS OF NYLON           148

6.3.1.2.5 Other thermoplastics         148

6.3.1.2.5.1           Polypropylene     148

TABLE 45           TECHNICAL SPECIFICATIONS OF POLYPROPYLENE      149

6.3.1.2.5.2           Polycarbonate     149

TABLE 46           TECHNICAL SPECIFICATIONS OF POLYCARBONATE     150

6.3.1.2.5.3           Polyvinyl alcohol (PVA)    150

TABLE 47           TECHNICAL SPECIFICATIONS OF POLYVINYL ALCOHOL (PVA)              150

6.3.1.3   Photopolymers    151

6.3.1.3.1 Rising use of photopolymers in electronics, healthcare, packaging, sports and leisure, automotive, military, and consumer goods verticals to drive market           151

6.3.2      METALS             151

TABLE 48           METALS: 3D PRINTING MARKET, BY TYPE, 2020–2023 (USD MILLION)          152

TABLE 49           METALS: 3D PRINTING MARKET, BY TYPE, 2024–2029 (USD MILLION)          152

6.3.2.1   Steel      153

6.3.2.1.1 Capability of stainless steel to strengthen 3D-printed models to drive demand              153

6.3.2.2   Aluminum           153

6.3.2.2.1 Rising adoption of alumide to build complex models, small series of models, and functional models to drive market    153

6.3.2.3   Titanium             154

6.3.2.3.1 Growing use of titanium powder to make models strong and precise to drive market   154

6.3.2.4   Nickel    154

6.3.2.4.1 Increasing demand for metal alloys in aerospace & defense vertical to manufacture rocket parts, gas turbine blades, filtration and separation units, and heat exchangers to drive market   154

6.3.2.5   Other metals        155

6.3.3      CERAMICS         156

6.3.3.1   Growing adoption of ceramics in printing home decor and tableware products to drive demand       156

6.3.4      OTHER MATERIALS      156

6.3.4.1   Wax       157

6.3.4.2   Laywood 157

6.3.4.3   Paper     158

6.3.4.4   Biocompatible materials    158

6.3.5      3D PRINTING MARKET FOR MATERIALS, BY FORM         158

6.3.5.1   Filament 159

6.3.5.1.1 Availability of general plastics in filament form for 3D printing applications to drive demand       159

6.3.5.2   Powder  159

6.3.5.2.1 Use of metal powers in aerospace & defense and jewelry and fashion design verticals to drive market     159

6.3.5.3   Liquid    160

6.3.5.3.1 Diversity of liquid materials in 3D printing technology used in various verticals to drive market        160

6.4         SOFTWARE       160

6.4.1      ABILITY TO MANIPULATE 3D MODELS ACCORDING TO REAL-WORLD ENVIRONMENTS BEFORE PRINTING TO DRIVE DEMAND           160

TABLE 50           SOFTWARE: 3D PRINTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION)     161

TABLE 51           SOFTWARE: 3D PRINTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     161

TABLE 52           SOFTWARE: 3D PRINTING MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 162

TABLE 53           SOFTWARE: 3D PRINTING MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 162

TABLE 54           SOFTWARE: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION) 163

TABLE 55           SOFTWARE: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION) 163

6.4.2      DESIGN              163

6.4.2.1   Increasing installation of design software to create drawings of parts and assemblies to drive market 163

6.4.3      INSPECTION     164

6.4.3.1   Development of inspection software to ensure compliance of prototypes with required specifications to fuel market growth 164

6.4.4      PRINTING          164

6.4.4.1   Use of printing software to analyze precision in printer functioning to drive market              164

6.4.5      SCANNING        165

6.4.5.1   Implementation of scanning software to create digital models and improve designs of physical objects to fuel market growth        165

6.5         SERVICES          165

6.5.1      CUSTOMIZATION AND ON-DEMAND MANUFACTURING IN 3D PRINTING TO DRIVE DEMAND 165

TABLE 56           SERVICES: 3D PRINTING MARKET, BY TYPE, 2020–2023 (USD MILLION)          166

TABLE 57           SERVICES: 3D PRINTING MARKET, BY TYPE, 2024–2029 (USD MILLION)          166

TABLE 58           SERVICES: 3D PRINTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 167

TABLE 59           SERVICES: 3D PRINTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 167

TABLE 60           SERVICES: 3D PRINTING MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 167

TABLE 61           SERVICES: 3D PRINTING MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 168

TABLE 62           SERVICES: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)          168

TABLE 63           SERVICES: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)          168

7            3D PRINTING MARKET, BY TECHNOLOGY         169

7.1         INTRODUCTION            170

FIGURE 46         FUSED DEPOSITION MODELING (FDM) SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024          170

TABLE 64           3D PRINTING MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)          171

TABLE 65           3D PRINTING MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)          171

7.2         FUSED DEPOSITION MODELLING (FDM)           172

7.2.1      HIGH USE IN AEROSPACE & DEFENSE VERTICAL TO DRIVE MARKET              172

7.3         STEREOLITHOGRAPHY (SLA)   173

7.3.1      ABILITY TO DIRECTLY PRINT SOFT ANATOMICAL, CONCEPT, AND ARCHITECTURAL MODELS TO DRIVE DEMAND             173

7.4         SELECTIVE LASER SINTERING (SLS)      174

7.4.1      RISING ADOPTION TO DEVELOP PARTS WITH JOINTS, SNAP FITS, AND LIVING HINGES TO DRIVE MARKET       174

7.5         POLYJET PRINTING/MULTIJET PRINTING (MJP)            175

7.5.1      INCREASED ADOPTION TO DEVELOP HIGHLY ACCURATE MODELS WITH INTRICATE DETAILS AND COMPLEX GEOMETRIES TO FUEL MARKET GROWTH          175

7.6         ELECTRON BEAM MELTING (EBM)        175

7.6.1      HIGH DEMAND IN AEROSPACE & DEFENSE AND AUTOMOTIVE VERTICALS FOR PRODUCING HIGH-DENSITY PARTS TO DRIVE MARKET              175

7.7         DIGITAL LIGHT PROCESSING (DLP)      176

7.7.1      POTENTIAL TO DEVELOP PRECISE PARTS WITH SMOOTH SURFACE FINISHING TO DRIVE DEMAND 176

7.8         DIRECT METAL LASER SINTERING (DMLS)        177

7.8.1      INCREASING USE TO DEVELOP DURABLE AND HEAT-RESISTANT COMPONENTS TO DRIVE MARKET        177

7.9         OTHER TECHNOLOGIES            177

8            3D PRINTING MARKET, BY PROCESS     180

8.1         INTRODUCTION            181

TABLE 66           CLASSIFICATION OF 3D PRINTING PROCESSES BASED ON TECHNOLOGY AND MATERIAL 181

FIGURE 47         POWDER BED FUSION SEGMENT TO DOMINATE 3D PRINTING MARKET DURING FORECAST PERIOD   182

TABLE 67           3D PRINTING MARKET, BY PROCESS, 2020–2023 (USD MILLION)              182

TABLE 68           3D PRINTING MARKET, BY PROCESS, 2024–2029 (USD MILLION)              183

8.2         POWDER BED FUSION (PBF)     184

8.2.1      INCREASING APPLICATIONS ACROSS VARIOUS VERTICALS TO DRIVE MARKET            184

TABLE 69           POWDER BED FUSION: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)          184

TABLE 70           POWDER BED FUSION: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)          185

8.3         VAT PHOTOPOLYMERIZATION 185

8.3.1      ADVANCEMENTS IN VAT PHOTOPOLYMERIZATION PROCESS FOR HIGH-PERFORMANCE 3D PRINTING APPLICATIONS TO DRIVE DEMAND              185

TABLE 71           VAT PHOTOPOLYMERIZATION: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)       186

TABLE 72           VAT POLYMERIZATION: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)          186

8.4         BINDER JETTING           186

8.4.1      COMPATIBILITY WITH VARIOUS MATERIALS, HIGH PRODUCTION SPEED, AND ABILITY TO PRODUCE PARTS WITH COMPLEX INTERNAL GEOMETRIES WITHOUT SUPPORT STRUCTURES TO DRIVE DEMAND  186

TABLE 73           BINDER JETTING: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)     187

TABLE 74           BINDER JETTING: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)     187

8.5         MATERIAL EXTRUSION 187

8.5.1      SIMPLE PRINTING TECHNIQUE TO FUEL DEMAND       187

TABLE 75           MATERIAL EXTRUSION: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)          188

TABLE 76           MATERIAL EXTRUSION: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)          188

8.6         MATERIAL JETTING      189

8.6.1      RISING ADOPTION TO REDUCE MATERIAL WASTAGE TO DRIVE MARKET            189

TABLE 77           MATERIAL JETTING: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)     189

TABLE 78           MATERIAL JETTING: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)     189

8.7         OTHER PROCESSES       190

TABLE 79           OTHER PROCESSES: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)     190

TABLE 80           OTHER PROCESSES: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)     191

9            3D PRINTING MARKET, BY APPLICATION          192

9.1         INTRODUCTION            193

FIGURE 48         FUNCTIONAL PART MANUFACTURING SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 193

TABLE 81           3D PRINTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION)          193

TABLE 82           3D PRINTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)          194

9.2         PROTOTYPING 194

9.2.1      REDUCTION IN MATERIAL WASTAGE AND OPERATIONAL COSTS USING 3D PRINTING IN MANUFACTURING PROTOTYPE MODELS TO DRIVE DEMAND           194

TABLE 83           PROTOTYPING: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)     195

TABLE 84           PROTOTYPING: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)     195

TABLE 85           PROTOTYPING: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION) 196

TABLE 86           PROTOTYPING: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION) 196

9.3         TOOLING          196

9.3.1      GROWING USE OF 3D PRINTING IN MANUFACTURING COMPLEX COMPONENTS AND TOOLS ON LARGE SCALE TO DRIVE MARKET         196

TABLE 87           TOOLING: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 197

TABLE 88           TOOLING: 3D PRINTING MARKET, BY OFFERING, BY OFFERING, 2024–2029 (USD MILLION)   197

TABLE 89           TOOLING: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)          198

TABLE 90           TOOLING: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)          198

9.4         FUNCTIONAL PART MANUFACTURING 198

9.4.1      ADVANCEMENTS IN PRINTING TECHNOLOGY FOR HIGH-VOLUME PRODUCTION OF MECHANICALLY FUNCTIONAL PARTS TO DRIVE MARKET              198

TABLE 91          FUNCTIONAL PART MANUFACTURING: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)            199

TABLE 92          FUNCTIONAL PART MANUFACTURING: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)            199

TABLE 93          FUNCTIONAL PART MANUFACTURING: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)  199

TABLE 94          FUNCTIONAL PART MANUFACTURING: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)  200

10          3D PRINTING MARKET, BY VERTICAL   201

10.1       INTRODUCTION            202

FIGURE 49         AUTOMOTIVE VERTICAL TO WITNESS HIGHEST GROWTH IN 3D PRINTING MARKET DURING FORECAST PERIOD      203

TABLE 95           3D PRINTING MARKET, BY VERTICAL, 2020–2023 (USD MILLION)          204

TABLE 96           3D PRINTING MARKET, BY VERTICAL, 2024–2029 (USD MILLION)          204

10.2       AUTOMOTIVE  205

10.2.1    ADOPTION OF ADDITIVE MANUFACTURING FOR PROTOTYPING PROJECTS TO FUEL MARKET GROWTH 205

TABLE 97           CASE STUDY: TOYOTA PARTNERED WITH STRATASYS TO ACHIEVE AERODYNAMIC EXCELLENCE USING NEO SLA 3D PRINTER     206

TABLE 98           AUTOMOTIVE: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)     207

TABLE 99           AUTOMOTIVE: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)     207

TABLE 100         AUTOMOTIVE: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION) 207

TABLE 101         AUTOMOTIVE: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION) 208

10.3       AEROSPACE & DEFENSE             208

10.3.1    INCREASED INVESTMENTS BY ESTABLISHED PLAYERS IN DEVELOPMENT OF 3D-PRINTED MODELS FOR NEW APPLICATIONS TO DRIVE MARKET            208

TABLE 102         CASE STUDY: TITAL GMBH ENHANCED INVESTMENT CASTING PROCESS USING POLYMETHYL METHACRYLATE (PMMA) PATTERNS PRODUCED BY VOXELJET AG   209

TABLE 103         AEROSPACE & DEFENSE: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)          210

TABLE 104         AEROSPACE & DEFENSE: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)          210

TABLE 105         AEROSPACE & DEFENSE: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)          210

TABLE 106         AEROSPACE & DEFENSE: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)          211

10.4       HEALTHCARE  211

10.4.1    RAPID ADVANCEMENTS IN 3D PRINTING TECHNOLOGY FOR MEDICAL DEVICES, DENTISTRY, AND PROSTHETICS APPLICATIONS TO DRIVE MARKET            211

TABLE 107         CASE STUDY: EGAN DENTAL LABORATORY PARTNERED WITH RENISHAW FOR DIGITAL TRANSFORMATION OF REMOVABLE PARTIAL DENTURE MANUFACTURING   213

TABLE 108         HEALTHCARE: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)     213

TABLE 109         HEALTHCARE: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)     214

TABLE 110         HEALTHCARE: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION) 214

TABLE 111         HEALTHCARE: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION) 214

10.5       ARCHITECTURE & CONSTRUCTION      215

10.5.1    RISING USE TO UNDERSTAND ABSTRACT CONCEPTS TO FUEL MARKET GROWTH        215

TABLE 112         CASE STUDY: WITHWORKS PARTNERED WITH KTC TO TRANSFORM ARCHITECTURE FOR GALLERIA GWANGGYO PROJECT WITH 3D PRINTING FOR ARCHITECTURAL STRUCTURAL ELEMENTS      216

TABLE 113         ARCHITECTURE & CONSTRUCTION: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)            216

TABLE 114         ARCHITECTURE & CONSTRUCTION: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)            217

TABLE 115         ARCHITECTURE & CONSTRUCTION: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)  217

TABLE 116         ARCHITECTURE & CONSTRUCTION: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)  217

10.6       CONSUMER GOODS      218

10.6.1    GROWING USE OF DESKTOP OR PERSONAL PRINTERS BY HOBBYISTS, ENTREPRENEURS, AND SMALL BUSINESSES TO FUEL MARKET GROWTH              218

TABLE 117         CASE STUDY: WILSON SPORTING GOODS REVOLUTIONIZED PRODUCT DEVELOPMENT USING FIM 3D PRINTING TECHNOLOGY     219

TABLE 118         CONSUMER GOODS: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)          220

TABLE 119         CONSUMER GOODS: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)          220

TABLE 120         CONSUMER GOODS: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)     220

TABLE 121         CONSUMER GOODS: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)     220

10.7       EDUCATION     221

10.7.1    ENHANCEMENT OF LEARNING AND ENGAGEMENT ACROSS VARIOUS SUBJECTS USING 3D PRINTING TO DRIVE DEMAND      221

TABLE 122         CASE STUDY: ORIGIN LABS, PART OF PENN STATE’S INNOVATION HUB, BRIDGED GAP BETWEEN ACADEMIA AND INDUSTRY BY OFFERING ADVANCED MANUFACTURING TO STUDENTS, FACULTIES, AND LOCAL COMMUNITY    222

TABLE 123         EDUCATION: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 222

TABLE 124         EDUCATION: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION) 223

TABLE 125         EDUCATION: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION) 223

TABLE 126         EDUCATION: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION) 223

10.8       INDUSTRIAL     224

10.8.1    INCREASING APPLICATIONS OF ADDITIVE MANUFACTURING IN TOOLING, SPECIAL MACHINERY MANUFACTURING, AND ROBOTICS TO DRIVE MARKET 224

TABLE 127         CASE STUDY: MARKFORGED 3D PRINTERS REVOLUTIONIZED AUTOMATION AND ROBOTICS AT ACTIVE8 ROBOTS    225

TABLE 128         INDUSTRIAL: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 225

TABLE 129         INDUSTRIAL: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION) 226

TABLE 130         INDUSTRIAL: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION) 226

TABLE 131         INDUSTRIAL: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION) 226

10.9       ENERGY             227

10.9.1    RISING USE OF 3D PRINTING TECHNOLOGY IN SMALL-SCALE MANUFACTURING AND REPAIR ACTIVITIES TO FUEL MARKET GROWTH              227

TABLE 132         CASE STUDY: GE RENEWABLE ENERGY AND PARTNERS DEVELOPED GROUNDBREAKING APPROACH USING 3D PRINTING TO OVERCOME TRADITIONAL CONSTRAINTS IN WIND ENERGY INDUSTRY              228

TABLE 133         ENERGY: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 228

TABLE 134         ENERGY: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION) 228

TABLE 135         ENERGY: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)          229

TABLE 136         ENERGY: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)          229

10.10     PRINTED ELECTRONICS            229

10.10.1  RISING ADOPTION OF 3D PRINTING TECHNOLOGY TO PRINT ELECTRONIC DEVICES TO DRIVE MARKET        229

TABLE 137         CASE STUDY: OPTOMEC ADVANCED ANTENNA MANUFACTURING USING AEROSOL JET PRINTING       230

TABLE 138        PRINTED ELECTRONICS: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)          231

TABLE 139        PRINTED ELECTRONICS: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)          231

TABLE 140         PRINTED ELECTRONICS: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)          231

TABLE 141         PRINTED ELECTRONICS: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)          232

10.11     JEWELRY           232

10.11.1  GROWING ADOPTION OF 3D PRINTING TECHNOLOGY TO DESIGN CUSTOMIZED JEWELRY WITH PRECISION AND SPEED TO FUEL MARKET GROWTH          232

TABLE 142         CASE STUDY: IMMACULATE CREATIONS ENHANCED EFFICIENCY OF JEWELRY DESIGN AND MANUFACTURING USING MATERIALISE SOFTWARE          233

TABLE 143         JEWELRY: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 233

TABLE 144         JEWELRY: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION) 234

TABLE 145         JEWELRY: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)          234

TABLE 146         JEWELRY: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)          234

10.12     FOOD & CULINARY       234

10.12.1  EMERGING TREND OF 3D FOOD PRINTING TO DRIVE MARKET 234

TABLE 147         CASE STUDY: PEPSICO REVOLUTIONIZED PACKAGING USING NEXA3D’S NXE 400 3D PRINTER AND XPEEK147 MATERIAL         235

TABLE 148         FOOD & CULINARY: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)          236

TABLE 149         FOOD & CULINARY: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)          236

TABLE 150         FOOD & CULINARY: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)     236

TABLE 151         FOOD & CULINARY: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)     237

10.13     OTHER VERTICALS       237

TABLE 152         OTHER VERTICALS: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)          238

TABLE 153         OTHER VERTICALS: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)          238

TABLE 154         OTHER VERTICALS: 3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)     238

TABLE 155         OTHER VERTICALS: 3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)     239

11          3D PRINTING MARKET, BY REGION       240

11.1       INTRODUCTION            241

FIGURE 50         ASIA PACIFIC TO REGISTER HIGHEST CAGR IN 3D PRINTING MARKET DURING FORECAST PERIOD   241

TABLE 156         3D PRINTING MARKET, BY REGION, 2020–2023 (USD MILLION)              242

TABLE 157         3D PRINTING MARKET, BY REGION, 2024–2029 (USD MILLION)              242

11.2       NORTH AMERICA          243

11.2.1    IMPACT OF RECESSION ON 3D PRINTING MARKET IN NORTH AMERICA           243

FIGURE 51         NORTH AMERICA: 3D PRINTING MARKET SNAPSHOT   244

TABLE 158         NORTH AMERICA: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)     244

TABLE 159         NORTH AMERICA: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)     245

TABLE 160         NORTH AMERICA: 3D PRINTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION)          245

TABLE 161         NORTH AMERICA: 3D PRINTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)          245

TABLE 162         NORTH AMERICA: 3D PRINTING MARKET, BY PROCESS, 2020–2023 (USD MILLION)     246

TABLE 163         NORTH AMERICA: 3D PRINTING MARKET, BY PROCESS, 2024–2029 (USD MILLION)     246

TABLE 164         NORTH AMERICA: 3D PRINTING MARKET, BY VERTICAL, 2020–2023 (USD MILLION)     247

TABLE 165         NORTH AMERICA: 3D PRINTING MARKET, BY VERTICAL, 2024–2029 (USD MILLION)     247

FIGURE 52         US TO REGISTER HIGHEST CAGR IN NORTH AMERICAN 3D PRINTING MARKET DURING FORECAST PERIOD            248

TABLE 166         NORTH AMERICA: 3D PRINTING MARKET, BY COUNTRY, 2020–2023 (USD MILLION)     248

TABLE 167         NORTH AMERICA: 3D PRINTING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     248

11.2.2    US         249

11.2.2.1 Government-led initiatives to foster innovation and boost adoption of 3D printing technology to accelerate market growth         249

11.2.3    CANADA            250

11.2.3.1 Expanding automotive and healthcare verticals to fuel market growth      250

11.2.4    MEXICO             251

11.2.4.1 Focus of companies and universities to increase awareness about benefits of 3D printing technology to drive market 251

11.3       EUROPE             252

11.3.1    IMPACT OF RECESSION ON 3D PRINTING MARKET IN EUROPE 252

FIGURE 53         EUROPE: 3D PRINTING MARKET SNAPSHOT     253

TABLE 168         EUROPE: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 253

TABLE 169         EUROPE: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION) 254

TABLE 170         EUROPE: 3D PRINTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 254

TABLE 171         EUROPE: 3D PRINTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 254

TABLE 172         EUROPE: 3D PRINTING MARKET, BY PROCESS, 2020–2023 (USD MILLION)          255

TABLE 173         EUROPE: 3D PRINTING MARKET, BY PROCESS, 2024–2029 (USD MILLION)          255

TABLE 174         EUROPE: 3D PRINTING MARKET, BY VERTICAL, 2020–2023 (USD MILLION)          256

TABLE 175         EUROPE: 3D PRINTING MARKET, BY VERTICAL, 2024–2029 (USD MILLION)          256

FIGURE 54         GERMANY TO REGISTER HIGHEST CAGR IN EUROPEAN 3D PRINTING MARKET DURING FORECAST PERIOD            257

TABLE 176         EUROPE: 3D PRINTING MARKET, BY COUNTRY, 2020–2023 (USD MILLION)          257

TABLE 177         EUROPE: 3D PRINTING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)          258

11.3.2    UK         258

11.3.2.1 Government-led funding for research initiatives aimed at improving efficiency, reliability, and scalability of 3D printing processes to drive market           258

11.3.3    GERMANY         259

11.3.3.1 Increasing demand for 3D printing technology from automobile companies to propel market      259

11.3.4    FRANCE             259

11.3.4.1 Growing use of 3D printing technology in implant and prosthetic manufacturing to drive market    259

11.3.5    ITALY   260

11.3.5.1 Continuous product launches by leading 3D printer manufacturing companies to drive market        260

11.3.6    SPAIN   261

11.3.6.1 Focus of private companies on investing in 3D printing-related innovations to expedite market growth     261

11.3.7    REST OF EUROPE           262

11.4       ASIA PACIFIC    264

11.4.1    IMPACT OF RECESSION ON 3D PRINTING MARKET IN ASIA PACIFIC              264

FIGURE 55         ASIA PACIFIC: 3D PRINTING MARKET SNAPSHOT           265

TABLE 178         ASIA PACIFIC: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 265

TABLE 179         ASIA PACIFIC: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION) 266

TABLE 180         ASIA PACIFIC: 3D PRINTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION)     266

TABLE 181         ASIA PACIFIC: 3D PRINTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     266

TABLE 182         ASIA PACIFIC: 3D PRINTING MARKET, BY PROCESS, 2020–2023 (USD MILLION) 267

TABLE 183         ASIA PACIFIC: 3D PRINTING MARKET, BY PROCESS, 2024–2029 (USD MILLION) 267

TABLE 184         ASIA PACIFIC: 3D PRINTING MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 268

TABLE 185         ASIA PACIFIC: 3D PRINTING MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 268

FIGURE 56         CHINA TO REGISTER HIGHEST CAGR IN ASIA PACIFIC 3D PRINTING MARKET DURING FORECAST PERIOD            269

TABLE 186         ASIA PACIFIC: 3D PRINTING MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 269

TABLE 187         ASIA PACIFIC: 3D PRINTING MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 269

11.4.2    JAPAN  270

11.4.2.1 Increasing construction activities to accelerate demand             270

11.4.3    CHINA  271

11.4.3.1 Focus of global market players on strengthening footprints in China to drive market   271

11.4.4    INDIA   272

11.4.4.1 Large presence of 3D printing companies to boost market growth            272

11.4.5    SOUTH KOREA 273

11.4.5.1 Increasing applications of 3D printing in construction vertical to drive market              273

11.4.6    REST OF ASIA PACIFIC  274

11.5       ROW     275

11.5.1    IMPACT OF RECESSION ON 3D PRINTING MARKET IN ROW       275

FIGURE 57         ROW: 3D PRINTING MARKET SNAPSHOT           276

TABLE 188         ROW: 3D PRINTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)          276

TABLE 189         ROW: 3D PRINTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)          277

TABLE 190         ROW: 3D PRINTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 277

TABLE 191         ROW: 3D PRINTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 277

TABLE 192         ROW: 3D PRINTING MARKET, BY PROCESS, 2020–2023 (USD MILLION)          278

TABLE 193         ROW: 3D PRINTING MARKET, BY PROCESS, 2024–2029 (USD MILLION)          278

TABLE 194         ROW: 3D PRINTING MARKET, BY VERTICAL, 2020–2023 (USD MILLION)          279

TABLE 195         ROW: 3D PRINTING MARKET, BY VERTICAL, 2024–2029 (USD MILLION)          279

FIGURE 58         SOUTH AMERICA TO REGISTER HIGHEST CAGR IN ROW 3D PRINTING MARKET DURING FORECAST PERIOD            280

TABLE 196         ROW: 3D PRINTING MARKET, BY COUNTRY/REGION, 2020–2023 (USD MILLION)     280

TABLE 197         ROW: 3D PRINTING MARKET, BY COUNTRY/REGION, 2024–2029 (USD MILLION)     280

11.5.2    SOUTH AMERICA           281

11.5.2.1 Growing adoption of 3D printing technology in construction activities and spare part manufacturing to drive market  281

11.5.3    AFRICA 282

11.5.3.1 Increasing innovations in construction and education verticals using 3D printing technology to fuel demand 282

11.5.4    MIDDLE EAST  283

11.5.4.1 Rising advancements and investments in 3D printing technology to fuel market growth   283

TABLE 198         MIDDLE EAST: 3D PRINTING MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 283

TABLE 199         MIDDLE EAST: 3D PRINTING MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 283

11.5.4.2 GCC      283

11.5.4.3 Rest of Middle East            284

12          COMPETITIVE LANDSCAPE       286

12.1       OVERVIEW        286

12.2       STRATEGIES ADOPTED BY MAJOR PLAYERS      286

TABLE 200         3D PRINTING MARKET: OVERVIEW OF KEY STRATEGIES DEPLOYED BY MAJOR PLAYERS             286

12.3       REVENUE ANALYSIS, 2019–2023 288

FIGURE 59         3D PRINTING MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023       288

12.4       MARKET SHARE ANALYSIS, 2023             288

TABLE 201         3D PRINTING MARKET: DEGREE OF COMPETITION, 2023              289

FIGURE 60         3D PRINTING MARKET SHARE ANALYSIS, 2023  289

12.5       VALUATION AND FINANCIAL METRICS, 2024     291

FIGURE 61         MARKET CAPITALIZATION, 2024 (USD BILLION)            291

FIGURE 62         EV/EBITDA OF KEY VENDORS, 2024       291

12.6       BRAND/PRODUCT COMPARISON          292

FIGURE 63         3D PRINTING MARKET: BRAND/PRODUCT COMPARISON              292

12.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   293

12.7.1    STARS  293

12.7.2    EMERGING LEADERS    293

12.7.3    PERVASIVE PLAYERS     293

12.7.4    PARTICIPANTS 293

FIGURE 64         3D PRINTING MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 294

12.7.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      295

12.7.5.1 Overall footprint  295

FIGURE 65         3D PRINTING MARKET: COMPANY OVERALL FOOTPRINT              295

12.7.5.2 Offering footprint 296

TABLE 202         3D PRINTING MARKET: COMPANY OFFERING FOOTPRINT              296

12.7.5.3 Technology footprint         297

TABLE 203         3D PRINTING MARKET: COMPANY TECHNOLOGY FOOTPRINT              297

12.7.5.4 Process footprint 298

TABLE 204         3D PRINTING MARKET: COMPANY PROCESS FOOTPRINT              298

12.7.5.5 Application footprint         299

TABLE 205         3D PRINTING MARKET: COMPANY APPLICATION FOOTPRINT              299

12.7.5.6 Vertical footprint 300

TABLE 206         3D PRINTING MARKET: COMPANY VERTICAL FOOTPRINT              300

12.7.5.7 Region footprint  301

TABLE 207         3D PRINTING MARKET: COMPANY REGION FOOTPRINT              301

12.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          302

12.8.1    PROGRESSIVE COMPANIES       302

12.8.2    RESPONSIVE COMPANIES          302

12.8.3    DYNAMIC COMPANIES 302

12.8.4    STARTING BLOCKS       302

FIGURE 66         3D PRINTING MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023             303

12.8.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             304

12.8.5.1 List of key startups/SMEs  304

TABLE 208         3D PRINTING MARKET: LIST OF KEY STARTUPS/SMES  304

12.8.5.2 Competitive benchmarking of key startups/SMEs        305

TABLE 209         3D PRINTING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES   305

12.9       COMPETITIVE SCENARIOS AND TRENDS           306

12.9.1    PRODUCT LAUNCHES  306

TABLE 210         3D PRINTING MARKET: PRODUCT LAUNCHES, NOVEMBER 2021–MARCH 2024          307

12.9.2    DEALS  308

TABLE 211         3D PRINTING MARKET: DEALS, MAY 2022–MARCH 2024 308

13          COMPANY PROFILES    310

(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*

13.1       KEY PLAYERS   310

13.1.1    STRATASYS       310

TABLE 212         STRATASYS: COMPANY OVERVIEW        310

FIGURE 67         STRATASYS: COMPANY SNAPSHOT       311

TABLE 213         STRATASYS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              312

TABLE 214         STRATASYS: PRODUCT LAUNCHES/DEVELOPMENTS   314

TABLE 215         STRATASYS: DEALS       317

TABLE 216         STRATASYS: OTHERS    319

13.1.2    EOS GMBH        321

TABLE 217         EOS GMBH: COMPANY OVERVIEW         321

TABLE 218         EOS GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED              322

TABLE 219         EOS GMBH: PRODUCT LAUNCHES/DEVELOPMENTS    323

TABLE 220         EOS GMBH: DEALS        324

TABLE 221         EOS GMBH: EXPANSIONS           325

13.1.3    HP DEVELOPMENT COMPANY, L.P.       327

TABLE 222         HP DEVELOPMENT COMPANY, L.P.: COMPANY OVERVIEW              327

FIGURE 68         HP DEVELOPMENT COMPANY, L.P.: COMPANY SNAPSHOT              328

TABLE 223         HP DEVELOPMENT COMPANY, L.P.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   328

TABLE 224         HP DEVELOPMENT COMPANY, L.P.: PRODUCT LAUNCHES              331

TABLE 225         HP DEVELOPMENT COMPANY, L.P.: DEALS       332

TABLE 226         HP DEVELOPMENT COMPANY, L.P.: OTHERS    334

13.1.4    3D SYSTEMS, INC.          336

TABLE 227         3D SYSTEMS, INC.: COMPANY OVERVIEW           336

FIGURE 69         3D SYSTEMS, INC.: COMPANY SNAPSHOT          337

TABLE 228         3D SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          337

TABLE 229         3D SYSTEMS, INC.: PRODUCT LAUNCHES           340

TABLE 230         3D SYSTEMS, INC.: DEALS          341

TABLE 231         3D SYSTEMS, INC.: OTHERS       344

13.1.5    GENERAL ELECTRIC     346

TABLE 232         GENERAL ELECTRIC: COMPANY OVERVIEW      346

FIGURE 70         GENERAL ELECTRIC: COMPANY SNAPSHOT      347

TABLE 233         GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED          347

TABLE 234         GENERAL ELECTRIC: PRODUCT LAUNCHES      349

TABLE 235         GENERAL ELECTRIC: DEALS     350

TABLE 236         GENERAL ELECTRIC: OTHERS  351

13.1.6    MATERIALISE NV           353

TABLE 237         MATERIALISE NV: COMPANY OVERVIEW           353

FIGURE 71         MATERIALISE NV: COMPANY SNAPSHOT           354

TABLE 238         MATERIALISE NV: PRODUCTS/SOLUTIONS/SERVICES OFFERED          355

TABLE 239         MATERIALISE NV: PRODUCT LAUNCHES           356

TABLE 240         MATERIALISE NV: DEALS           357

TABLE 241         MATERIALISE NV: OTHERS        359

13.1.7    DESKTOP METAL, INC. 360

TABLE 242         DESKTOP METAL, INC.: COMPANY OVERVIEW  360

FIGURE 72         DESKTOP METAL, INC.: COMPANY SNAPSHOT 361

TABLE 243         DESKTOP METAL, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          361

TABLE 244         DESKTOP METAL, INC.: PRODUCT LAUNCHES 364

TABLE 245         DESKTOP METAL, INC.: DEALS 365

13.1.8    VOXELJET AG   367

TABLE 246         VOXELJET AG: COMPANY OVERVIEW    367

FIGURE 73         VOXELJET AG: COMPANY SNAPSHOT   368

TABLE 247         VOXELJET AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED              369

TABLE 248         VOXELJET AG: PRODUCT LAUNCHES   370

TABLE 249         VOXELJET AG: DEALS   371

TABLE 250         VOXELJET AG: OTHERS 372

13.1.9    SLM SOLUTIONS (ACQUIRED BY NIKON INDIA PVT LTD)           373

TABLE 251         SLM SOLUTIONS: COMPANY OVERVIEW            373

FIGURE 74         SLM SOLUTIONS: COMPANY SNAPSHOT            374

TABLE 252         SLM SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          375

TABLE 253         SLM SOLUTIONS: PRODUCT LAUNCHES            376

TABLE 254         SLM SOLUTIONS: DEALS            377

13.1.10  RENISHAW PLC.             379

TABLE 255         RENISHAW PLC.: COMPANY OVERVIEW 379

FIGURE 75         RENISHAW PLC.: COMPANY SNAPSHOT 380

TABLE 256         RENISHAW PLC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              380

TABLE 257         RENISHAW PLC.: DEALS             381

13.2       OTHER PLAYERS           383

13.2.1    PROTOLABS     383

13.2.2    OPTOMEC, INC.             384

13.2.3    PRODWAYS GROUP      386

13.2.4    ULTIMAKER      387

13.2.5    TIERTIME          388

13.2.6    XYZPRINTING  389

13.2.7    HÖGANÄS AB   390

13.2.8    UNIONTECH     391

13.2.9    NEXA3D             392

13.2.10  TRUMPF            393

13.2.11  FORMLABS        394

13.2.12  MARKFORGED 395

13.2.13  CARBON            396

13.2.14  NANO DIMENSION        397

13.2.15  RAPID SHAPE GMBH     398

*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

14          APPENDIX         399

14.1       DISCUSSION GUIDE      399

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             404

14.3       CUSTOMIZATION OPTIONS      406

14.4       RELATED REPORTS       406

14.5       AUTHOR DETAILS         407