Industrial 3D Printing Market worth $10.50 billion by 2030, growing at a CAGR of 16.55% - Exclusive Report by 360iResearch

The "Industrial 3D Printing Market by Offering (Materials, Printers, Services), Process (Binder Jetting, Direct Energy Deposition, Material Extrusion), Technology, Application, End User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Industrial 3D Printing Market to grow from USD 3.59 billion in 2023 to USD 10.50 billion by 2030, at a CAGR of 16.55%.

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Industrial 3D printing, also referred to as additive manufacturing, involves the layer-by-layer construction of three-dimensional objects from digital models. Increasing demand for rapid prototyping, allowing for quick and cost-effective product development, is driving the growth of the industrial 3D printing market. The technology's ability to produce complex geometries and customized components is another significant driver, enabling manufacturers to address diverse needs. Additionally, the pursuit of operational efficiency and reduced waste in manufacturing processes further fuels the adoption of industrial 3D printing. Material limitations and quality control and standardization issues hamper the industrial 3D printing market. Growing adoption in the healthcare sector where personalized medical devices and implants can be tailored to individual patients is expected to create a platform for market growth. Rising research & development activities by market vendors to introduce novel industrial 3D printing solutions are expected to create opportunities for market growth.

The industrial 3D printing market in the Americas is experiencing robust growth driven by factors such as increased demand for rapid prototyping, customization capabilities, and a focus on operational efficiency. The region's strong manufacturing sector is adopting 3D printing for its ability to create complex components with precision. Additionally, industries, including aerospace and healthcare in the Americas, are leveraging this technology for streamlined production and personalized applications, contributing to the overall expansion of the industrial 3D printing market in the region. In the Asia-Pacific region, the industrial 3D printing market is flourishing due to a surge in manufacturing activities, particularly in countries such as China and Japan. The emphasis on technological innovation, coupled with the growing demand for customized products and prototypes, propels the adoption of 3D printing across various industries. In the EMEA region, the industrial 3D printing market is witnessing substantial expansion driven by a combination of advanced manufacturing initiatives and a focus on sustainable practices. European countries, in particular, are at the forefront of integrating 3D printing for aerospace and healthcare applications. The emphasis on reducing environmental impact aligns with the technology's capacity to minimize material waste, further boosting its adoption. The EMEA region showcases a diverse landscape of opportunities, with industries leveraging industrial 3D printing for both precision engineering and innovative design solutions.

Market Segmentation & Coverage:

This research report categorizes the Industrial 3D Printing Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Offering, market is studied across Materials, Printers, Services, and Software. The Materials is further studied across Ceramics, Metals, and Plastics. The Ceramics is further studied across Glass, Quartz, and Silica. The Metals is further studied across Aluminum, Cobalt-Chromium, Gold, Inconel, Silver, Steel, and Titanium. The Plastics is further studied across Nylon, Photopolymers, Polycarbonate, Polylactic Acid, Polypropylene, Polyvinyl Alcohol, and Thermoplastics. The Services is further studied across Consulting Services and Manufacturing Services. The Software is further studied across Design Software, Inspection Software, Printing Software, and Scanning Software. The Software is projected to witness significant market share during forecast period.

Based on Process, market is studied across Binder Jetting, Direct Energy Deposition, Material Extrusion, Material Jetting, Powder Bed Fusion, Sheet Lamination, and Vat Photopolymerization. The Material Jetting is projected to witness significant market share during forecast period.

Based on Technology, market is studied across Digital Light Processing, Direct Metal Laser Sintering, Electron Beam Melting, Fused Deposition Modelling, Inkjet Printing, Laminated Object Manufacturing, Laser Metal Deposition, Poly-Jet Printing, Selective Laser Sintering, and Stereolithography. The Digital Light Processing is projected to witness significant market share during forecast period.

Based on Application, market is studied across Manufacturing and Prototyping. The Manufacturing is projected to witness significant market share during forecast period.

Based on End User, market is studied across Aerospace & Defense, Automotive, Consumer Goods, Food & Culinary, Foundry & Forging, Healthcare, Jewelry, Oil & Gas, and Printed Electronics. The Foundry & Forging is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.23% in 2023, followed by Asia-Pacific.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Industrial 3D Printing Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Industrial 3D Printing Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Industrial 3D Printing Market, highlighting leading vendors and their innovative profiles. These include 3D Systems, Inc., Aconity GmbH, AddUp, SAS, Adobe Inc., Aurora Labs Limited, Canon, Inc., Desktop Metal, Inc., EOS GmbH, Evolve Additive Solutions, Inc., General Electric Company, Hewlett-Packard Company, Höganäs AB, JENOPTIK AG, KLA Corporation, Koninklijke Philips N.V., Lexmark International, Inc., Matsuura Machinery Corporation, Metrologic Group SAS, Mitsubishi Electric Corporation, Modix Modular Technologies Ltd., Nikon Corporation, Orbital Express Launch Limited, Renishaw PLC, SGS SA, and Stratasys Ltd.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Industrial 3D Printing Market, by Offering
7. Industrial 3D Printing Market, by Process
8. Industrial 3D Printing Market, by Technology
9. Industrial 3D Printing Market, by Application
10. Industrial 3D Printing Market, by End User
11. Americas Industrial 3D Printing Market
12. Asia-Pacific Industrial 3D Printing Market
13. Europe, Middle East & Africa Industrial 3D Printing Market
14. Competitive Landscape
15. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Industrial 3D Printing Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Industrial 3D Printing Market?
3. What is the competitive strategic window for opportunities in the Industrial 3D Printing Market?
4. What are the technology trends and regulatory frameworks in the Industrial 3D Printing Market?
5. What is the market share of the leading vendors in the Industrial 3D Printing Market?
6. What modes and strategic moves are considered suitable for entering the Industrial 3D Printing Market?

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