Manufacturing 3D Printer Market Size
In 2022, the market for 3D printers in manufacturing was valued $15.1 billion. Experts say that this will expand by more than 15% every year till 2032. So what's the big deal? 3D printers provide manufacturers superpowers that make it easy for them to develop bespoke items. They can change designs on the spot without needing pricey instruments. This implies companies can make things that are exactly what their clients want. Not only that, but it makes everything go faster. No more waiting for tools to be created. Manufacturers can swiftly reply to customer requirements, which makes it easy to make personalized items. This is especially useful for fields that need custom solutions, such as healthcare, aerospace, and automotive. And to make things even better, it's more efficient and less expensive, which is a win-win for everyone.
An industrial or additive manufacturing 3D printer is a type of 3D printer that is utilized in advanced manufacturing processes. It builds three-dimensional things one layer at a time using digital design files. Consumer-grade 3D printers aren't as precise, durable, or able to make functional parts as manufacturing 3D printers. Manufacturing 3D printers can use a wide range of materials, such as plastics, metals, ceramics, and composites. These machines are essential for industries including aerospace, automotive, and healthcare. They make it possible to quickly make prototypes, make things to order, and make complex shapes.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Manufacturing 3D Printer Market Size in 2022 | USD 15.1 Billion |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 15% |
| 2032 Value Projection | USD 70 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 200 |
| Tables, Charts & Figures | 292 |
| Segments covered | Technology, Material, End-use & Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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You can't print everything in 3D. Some materials just aren't strong or durable enough for the job, especially in fields like aerospace and healthcare where parts need to be exact and dependable. Even when you locate the perfect material, attaining the same quality every time is like trying to hit a moving target. Every print can be a little different, which can cause problems or changes. You need strong quality control techniques to make sure that the parts you print in 3D are up to industry requirements. To make sure we can make reliable, high-quality 3D-printed parts, we need to keep coming up with new materials and improving our quality control systems.
COVID-19 Impact
The COVID-19 outbreak messed up the 3D printing world for production. Companies had to cut back on spending and stop buying new 3D printing technology. Companies that make cars and planes, who depend on 3D printers a lot, stopped taking orders, placing 3D printing companies in a tough spot. The fact that everyone was working from home made it hard to work together and get to the 3D printing facilities, which slowed down the design and testing process. On top of that, a lot of research projects that were looking into 3D printing were placed on hold, which slowed down progress in the sector. But not all was bad news. During the pandemic, there was a rise in demand for custom 3D-printed solutions in some fields, including as healthcare and producing things for everyday use.
Manufacturing 3D Printer Market Trends
There are a lot of exciting changes happening in the 3D printing business. First of all, you may now print with a lot of different materials. They're even employing sophisticated materials like metal and special mixes called composites. It's not enough to just make prototypes anymore. More and more businesses are adopting 3D printing to manufacture things that consumers really use. And they're making it fit everyone's demands by customizing it like crazy. Sustainability is still very important. But you know what? 3D printing actually cuts down on waste and uses less energy. It's good for the environment in every way. Oh, and rules are starting to get less strict, especially in hard areas like constructing planes and medical equipment. The COVID-19 epidemic also showed us how crucial it is for factories to be able to quickly change what they make. That's why 3D printing is getting more and more popular for manufacturing things quickly and close to home.
Manufacturing 3D Printer Market Analysis
Think of a world where machines can make things out of nothing, one layer at a time. This is the world of 3D printing, which is changing the way things are made. There are numerous ways to prepare a cake, and there are also different ways to 3D print. Electron Beam Melting (EBM) is a common way to do this. It works like a laser that melts metal powder, layer by layer, to make robust and complicated pieces. The EBM sector was valued a huge $1.5 billion in 2022. Why? Because EBM is great at creating exact metal parts for the aerospace, healthcare, and automotive industries. Consider personalized implants, rocket engines, and even race car parts. EBM is different because it uses a laser to melt metal in a vacuum, making things that are robust, dense, and stress-free. Because of this, they are great for fields that need things to last and be accurate. As more and more businesses demand complex metal parts and light constructions, EBM is becoming the most popular choice. So, in the years to come, this incredible technology will continue to grow.
When it comes to 3D printing, the materials used to make the printers themselves shape the market. Plastic, metal, and ceramic are the main stars, and plastic reigns supreme, grabbing over 45% of the pie in 2022. Experts predict it will hit an impressive $35 billion by 2032. Plastic brings a feast of options to the table. From old favorites like PLA and ABS to newer, more refined blends like PETG and TPU, these materials are like the Swiss Army knives of 3D printing, fitting into all sorts of projects. But it's not just about variety; plastics also keep things affordable, making 3D printing more accessible to everyone. This cost-friendliness makes plastic ideal for prototyping and smaller production runs, saving you a bundle on materials and manufacturing. It's also incredibly lightweight, making it the go-to choice for industries like aerospace and automotive, where every gram counts for fuel efficiency and performance. Biocompatible plastics are also making waves in healthcare, transforming into custom implants and prosthetics that fit each patient perfectly. And with growing concerns about sustainability, plastic's recyclability and eco-friendliness are adding fuel to its growth. So, if you're in the market for a 3D printer, plastic is a versatile, affordable, and sustainable option that will help you bring your creations to life.
In 2022, North America ruled the 3D printer market for manufacturing, snagging over 30%. Why? Because they've poured money into research and innovation, leading to mind-blowing tech. Industries like making planes, helping people heal, and building cars have jumped on the 3D printing bandwagon, needing more hardcore 3D printers. North America has got it covered with top-notch manufacturers, material whizzes, and brainy research labs working together to push the boundaries. Even the government's cool with using 3D-printed stuff in important stuff, which has made the market grow even more. And since North American businesses love to tailor products to customers and the government is throwing money at defense contracts, the 3D printer industry here is thriving like never before.
Manufacturing 3D Printer Market Share
The manufacturing 3D printer market is highly competitive owing to the presence of key players such as
- 3D Systems
- Beijing Tiertime Technology
- CleanGreen 3D Limited
- EOS GmbH
- GE
- Groupe Gorge
- HP
- Materialise
- Optomec
- Protolabs
- Renishaw
- SLM Solutions
- Stratasy
- Ultimaker
- Voxeljet
Rising investments in facility centers and acquisitions will increase the foothold of industry participants in the commercial industry. Significant investments in R&D to gain technological competitiveness and aggressive business strategies including technological launches, collaborations & long-term agreements with clients to capture market shares are positively impacting market growth.
Manufacturing 3D Printer Industry News
- In March 2023, California aerospace startup launched the world’s first 3D-printed rocket on its inaugural test flight. Relativity Space was set to launch its Terran 1 booster from Florida’s Cape Canaveral Space Force Station.
The manufacturing 3D printer market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments
By Technology
- Fused Deposition Modeling (FDM)
- Stereolithography (SLA)
- Selective Laser Sintering (SLS)
- Direct Metal Laser Sintering (DMLS)
- Electron Beam Melting (EBM)
- Others
By Material
- Plastic
- Metal
- Ceramic
- Others
By End Use
- Aerospace & defense
- Automotive
- Medical
- Consumer goods
- Construction
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- ANZ
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- MEA
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
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