Industrial 3D Printing Market Set to Surge, Projected to Reach USD 12.43 Billion by 2030 with an Impressive 18.6% CAGR from 2023 to 2030

Data Bridge Market Research recently undertook a comprehensive market intelligence investigation into the Industrial 3D printing market. Their freshly released report adopts an attractive format, effectively presenting crucial data through visually captivating tables, graphs, charts, and figures.

Industrial 3D Printing Market report estimates 2021 - 2028 market development trends for semiconductors and electronics industry. The report analyses some of the challenges that semiconductors and electronics industry may have to face during the growth. This finest report also gives explanation about strategic profiling of key players in the market, systematic analysis of their core competencies, and provides a competitive landscape for the market. What is more, it offers worth mentioning market data along with future forecast and thorough analysis of the market on a global and regional level. Analysis of upstream raw materials, downstream demand, and current market dynamics is also performed in the top notch Industrial 3D Printing Market report.

Data Bridge Market Research analyses that the global industrial 3D printing market which was USD 2.57 billion in 2022, is expected to reach USD 12.43 billion by 2030, and is expected to undergo a CAGR of 18.6% during the forecast period of 2023 to 2030.

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Industrial 3D Printing Market Dynamics:

Driver

The considerable demand for online 3D printing
Industrial 3D printing market is projected to witness a significant expansion in the coming years, due to the rising demand for online 3D printing services. Online 3D printing platforms offer various advantages, such as convenience, customization, and cost-effectiveness, to the customers. Moreover, this also enables faster delivery, reduced waste, and enhanced quality of the products. Therefore, the increasing adoption of online 3D printing is expected to boost the growth of industrial 3D printing market in the near future.

Opportunity

Introduction of digital or smart manufacturing
Industrial 3D printing, also known as additive manufacturing, is a process of creating three-dimensional objects from digital models by depositing successive layers of material. This technology has been widely adopted in various sectors, such as aerospace, automotive, medical, and consumer goods, for producing complex and customized parts. The introduction of digital or smart manufacturing is expected to influence the growth of industrial 3D printing market, as it enables the integration of 3D printing with other technologies, such as artificial intelligence, cloud computing, and robotics. Digital or smart manufacturing can enhance the efficiency, quality, and flexibility of 3D printing processes, as well as reduce the costs and environmental impacts.

The report emphasizes the participation of key entities, notably:

Stratasys, Ltd. (U.S.)
3D Systems, Inc. (U.S.)
Materialise (Belgium)
EOS (Germany)
GE Additive (U.S.)
ExOne (U.S.)
voxeljet AG (Germany)
SLM Solutions (Germany)
ENVISIONTEC, INC. (U.S.)
HP Development Company, L.P. (U.S.)
Optomec, Inc. (U.S.)
Renishaw plc (U.K.)
Höganäs AB (Sweden)
DSM (Netherlands)
Proto Labs (U.S.)
Sculpteo (France)
Tiertime (China)
Evolve Additive Solutions (U.S.)
Sisma SpA (Italy)
Desktop Metal, Inc. (U.S.)

Report Scope:

Analysis of market trends influencing the Industrial 3D printing market growth.

Examination of trends within key regional and country-level markets based on type, function, and application.

Providing a comprehensive overview of the Industrial 3D printing market.

Evaluation of historical, current, and projected market sizes in terms of volume and value.

Offering a neutral perspective on market performance.

Essential information for market players seeking to maintain and expand their market presence.

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Key Market Segmentation

By Offering (Printers, Materials, Software, Services), Technology (Stereolithography, Fused Deposition Modelling, Selective Laser Sintering, Direct Metal Laser Sintering, Polyjet Printing, Inkjet Printing, Electron Beam Melting, Laser Metal Deposition, Digital Light Projection, Laminated Object Manufacturing, Others), Process (Binder Jetting, Direct Energy Deposition (DED), Material Extrusion, Material Jetting, Powder Bed Fusion, Sheet Lamination, VAT Photopolymerization, Others), Application (Prototyping, Manufacturing), End User (Automotive, Aerospace and Defense, Food and Culinary, Printed Electronics, Foundry and Forging, Healthcare, Jewelry, Oil and Gas, Consumer Goods, Others)

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