Press release
Selective Laser Sintering Globally 2025: Market Growth Driven by Rising Demand for Consumer Electronics and New Trends
Selective Laser Sintering Market Share
What Is The Projected Market Size Of The Global Selective Laser Sintering Market And Its Growth Rate?
• The selective laser sintering market size has grown exponentially, from $2.85 billion in 2024 to a projected $3.46 billion in 2025, with a compound annual growth rate (CAGR) of 21.2%.
• The growth in the historic period has been attributed to factors like globalization of retail chains, focus on loss prevention, labor cost reduction, efficiency and speed, enhanced customer experience, and reduced checkout errors.
• The future looks promising for the market, with size expected to reach $7.56 billion in 2029 with a CAGR of 21.6%.
• Key drivers for forecasted growth include hybrid checkout solutions, omnichannel retailing, expansion into emerging markets, environmental sustainability, and customization for retailers' needs.
What Is Driving The Growth In The Selective Laser Sintering Market?
The growth of the selective laser sintering market is propelled by the rising demand for consumer electronics such as smartphones, tablets, laptops, TVs, gaming consoles, and wearable devices which are manufactured using this process. For instance, in May 2022, Canalys reported smartphone shipments in North America totaled 39.0 million units, showing a year-on-year increase of 3.7%. Tech giant Apple experienced 19% growth, securing a dominant market share of 51%. Thus, the increasing demand for consumer electronics fuels the growth of the selective laser sintering market.
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Who Are the Key Players Driving Selective Laser Sintering Market Growth?
• 3D Systems Inc.
• EOS GmbH Electro Optical Systems
• Sinterit sp. z o.o
• Farsoon Technologies
• Sintratec AG
• Renishaw plc
• Ricoh Company Ltd.
• Prodways Group SA
• Sharebot S.R.L.
• Z Rapid Tech
• General Electric Company
• Materialize NV
• Beijing Long Yuan Automated Fabrication System Co. Ltd.
• Wuhan Binhu Mechanical & Electrical Co. Ltd.
• XYZprinting Inc.
• Ultimaker BV
• Sisma S.p.A.
• Trumpf GmbH + Co. KG
• HP Inc.
• Shining 3D
• voxeljet AG
• UnionTech
• Carbon Inc.
• Nanoscribe GmbH
• Xact Metal Inc.
What Are The Key Trends In The Selective Laser Sintering Market?
• Remote assistance and monitoring
• Integration with mobile technologies
• Contactless and cashless transaction systems
• Data analytics for customer insights
• Integration with loyalty programs
What Are The Segments Of The Global Selective Laser Sintering Market?
• By Component: Hardware, Software, Services
• By Laser Type: Solid Laser, Gas Laser
• By Material: Metal, Plastic
• By Application: Automotive, Aerospace and Defense, Healthcare, Electronics, Other Applications
Which Region Leads The Selective Laser Sintering Market?
North America was the largest region in the selective laser sintering market in 2024. Asia-Pacific is forecasted to be the fastest-growing region in the global selective laser sintering market. The market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Selective Laser Sintering Global Market Report?
- Market Size Analysis: Analyze the Selective Laser Sintering Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Selective Laser Sintering Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Selective Laser Sintering Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Selective Laser Sintering Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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