Press release
Three-Dimensional (3D) Technology Market Poised for 16.2 % Growth, Set to Hit $13.26 Billion by 2029
Three Dimensional 3D Technology Market
The growth of the 3D technology market is set to be driven by the increasing prevalence of the entertainment industry. The term entertainment industry pertains to an array of sub-sector industries dedicated to providing entertainment, which encompasses theater, film, fine art, dance, opera, music, literary publishing, television, and radio. The experience of viewing is heightened by 3D technology, which adds depth and realism to films, TV programs, and games, making them more engaging. This technology facilitates depth perception, enabling audiences to feel involved in the action. For example, Ontario Creates, a US-based government administration reported in December 2022 that domestic film and television production had held its position strong in 2022, contributing to a substantial $1.20 billion, marking a 25% increase from the prior year. Hence, the growing entertainment industry is fueling the expansion of the 3D technology market.
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What growth opportunities are expected to drive the three-dimensional (3d) technology market's CAGR through 2034?
The market size for three-dimensional (3D) technology has seen a significant enlargement over the past years. The market is set to further expand from $318.85 billion in 2024 to $371.3 billion in 2025, recording a compound annual growth rate (CAGR) of 16.4%. This historical growth can be credited to the adoption of 3D technology in automotive design and prototyping, enhanced gaming experiences, spike in demand for virtual reality (VR) and augmented reality (AR), architectural imagery, and an increase in entertainment and consumer electronics.
The market size for three-dimensional (3D) technology is projected to witness swift growth in the forthcoming years, with expectations to advance to $676.8 billion in 2029. The compound annual growth rate (CAGR) is estimated to be 16.2%. The predicted growth during this prospective period is largely due to the rising utilization of 3D technology for purposes like medical imaging, surgical planning, custom implants, automotive design and prototyping. The evolving entertainment business, increased speed of product development, and ongoing advancements, such as continuous liquid interface production (CLIP), also contribute to this growth. The forecast period is further characterized by major trends including technological innovation, changes in global consumer preferences, incorporation of e-commerce, improvements in 3D printing materials, and technological convergence.
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What are the emerging trends shaping the future of the three-dimensional (3d) technology market?
Leading firms in the realm of 3D technology are deploying forward-thinking inventions like the Metal Jet S100 Solution, integrating advanced technologies to boost innovation, amplify efficiency, and bolster product customization. This solution is a specific type of 3D printing technology employing a method called binder jetting, which involves sequential deposition and binding of metal powder layers with the aid of a binding agent. In the context, Hewlett-Packard Development Company, a renowned technology establishment from the US, introduced the Metal Jet S100 Solution in September 2022. This computer-controlled industrial metal 3D printing solution is aimed at mass producing intricately structured, high-quality metal 3D parts. Recognized for its precision, velocity and capacity to spawn complex shapes, it finds use in multiple industrial sectors. The distinctive attributes of the Metal Jet S100 Solution make it an adaptable and productive choice for creating superior metal parts featuring complicated designs and rigorous precision requirements.
Which growth-oriented segments of the three-dimensional (3d) technology market are leading the industry's development?
The three-dimensional (3D) technology market covered in this report is segmented -
1) By Product: 3D Camera, 3D Scanner, 3D Printer, 3D Imaging Designing, 3D Display Technology
2) By Application: Production Parts, Prototypes, Tools And Fixtures
3) By End-User Industries: Healthcare, Entertainment And Media, Education, Other End-User Industries
Subsegments:
1) By 3D Camera: Consumer 3D Cameras, Professional 3D Cameras, Industrial 3D Cameras
2) By 3D Scanner: Laser 3D Scanners, Structured Light Scanners, Handheld 3D Scanners
3) By 3D Printer: Fused Deposition Modeling (FDM) Printers, Stereolithography (SLA) Printers, Selective Laser Sintering (SLS) Printers
4) By 3D Imaging Designing: Software For 3D Modeling, Animation Software, Rendering Software
5) By 3D Display Technology: Autostereoscopic Displays, Virtual Reality (VR) Displays, Augmented Reality (AR) Displays
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North America was the largest region in the three-dimensional (3D) technology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the three-dimensional (3D) technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the three-dimensional (3d) technology market?
Major companies operating in the three-dimensional (3D) technology market are BASF SE, Hewlett-Packard Development Company LP, Dassault Systèmes SE, Autodesk Inc., EOS GmbH, Stratasys Ltd., Siemens AG, Renishaw plc, 3D Systems Corporation, Proto Labs Inc., Materialise NV, Desktop Metal Inc., Carbon Inc., SLM Solutions Group AG, Markforged Inc., Formlabs Inc., Arcam AB, EnvisionTEC Inc., Nano Dimension Ltd., Shapeways Inc., Voxeljet AG, Optomec Inc., ExOne Co., XYZprinting Inc., Mcor Technologies Ltd.
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What Is Covered In The Three-Dimensional (3D) Technology Global Market Report?
•Market Size Forecast: Examine the three-dimensional (3d) technology market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the three-dimensional (3d) technology market for a structured understanding.
•Key Players Overview: Analyze major players in the three-dimensional (3d) technology market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the three-dimensional (3d) technology market.
•Segment Contributions: Evaluate how different segments drive overall growth in the three-dimensional (3d) technology market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the three-dimensional (3d) technology market.
•Industry Challenges: Identify potential risks and obstacles affecting the three-dimensional (3d) technology market.
•Competitive Landscape: Review strategic developments in the three-dimensional (3d) technology market, including expansions, agreements, and new product launches.
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