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Consumer 3D Printing Market Adopting New Technology for Mass Production

09-24-2024 06:16 PM CET | Chemicals & Materials

Press release from: Precision Business Insights

Consumer 3D Printing Market Adopting New Technology for Mass

According to Precision Business Insights (PBI), the latest report, the market value of the consumer 3d printing market size was valued at USD 16.7 billion in 2023, growing at a 22.3% CAGR from 2024 to 2030 The primary factors that drive the market are the growing 3D modelling technology for production of various items, increasing demand for 3d printers for complex structure printing.

View The Detailed Report Description Here - https://www.precisionbusinessinsights.com/market-reports/consumer-3d-printing-market

THE CONSUMER 3D PRINTING MARKET DETAILED SEGMENTATION
Based on the offering, the market is segmented into the following
• Printer
• Service
• Software
• Material

Based on the technology, the market is segmented into the following
• Stereolithography (SLA)
• Fused Deposition Modelling (FDM)
• Selective Laser Sintering (SLS)
• Direct Laser Sintering (SLS)
• Others

Based on the end user, the market is segmented into the following
• Industrial
• Automotive
• Healthcare
• Architecture & construction
• Others

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Fused Deposition Modelling (FDM) to Dominate the Consumer 3D Printing Market:
Based on application type, fused deposition modelling holds the highest market share. The major factor for the rise of this segment is due to FDM models reduce costs and shorten development timelines, the creation of functional prototypes for testing purposes. These prototypes allow us to test in real-world environments and make decisions that have a dramatic effect on the cost of manufacturing the product. These factors can drive the Consumer 3D Printing Market growth.

Asia Pacific Consumer 3D Printing Market:
Asia Pacific region is expected to grow significantly in the consumer 3D printing market size over the forecast period. Consumer 3D printing provides various creations of complex structures rise in demand is also due to an increase in awareness about the technology leading players are investing in the region for the mass production of consumer 3D printing. China, Japan and India are emerging markets but due to rapidly growing technological infrastructure, it is predicted to increase rapidly.

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STRATEGIC NEW PRODUCT LAUNCHES, MERGERS, ACQUISITIONS, AND AGREEMENTS ARE THE KEY STRATEGIES ADOPTED BY MARKET PLAYERS:
Consumer 3D Printing further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share.

• In December 2022, Zortrax introduced new metal materials for the Endureal 3D printing system. The company's Full Metal package offering includes two comprehensive sets for metal 3D printing: the Zortrax Full Metal Package 17-4 PH and the Zortrax Full Metal Package 316L. The company has also introduced the low-melt VICTREX PAEK AM 200, which has a lower melting point than PEEK and can be extruded at lower temperatures.
• In April 2022, 3D Systems launched a new 3D printing solution 'fastest stereolithography printer'. The new SLA 750 and SLA 750 Dual 3D printers and accompanying PostCure 1050 post-processing system and Accura AMX Durable Natural material are said to offer an 'industry-leading combination of print size, speed, accuracy, and resolution for final parts' with the 750 Dual version benefiting from synchronous, dual-laser technology that is said to deliver part production at up to twice the speed and triple the throughput of other SLA solutions.

Key players' profiles in the consumer 3d printing report are Stratasys, Ltd., Materialise, EnvisionTec, Inc., LEGO, Nano3DPrint, 3D Systems, Inc., GE Additive, Autodesk Inc., Made In Space (MIS), Canon Inc., and Voxeljet AG

Contact:
Mr. Satya
Precision Business Insights | Toll-Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Website: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet particular research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

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