Press release
3D Printer Market Size Forecasted To Achieve $57.2 Billion By 2029 With Steady Growth
3D Printer Market
What Is the 3D Printer Market Size and Projected Growth Rate?
The market size of 3D printers has seen exponential growth in the past few years. It's projected to expand from a value of $24.43 billion in 2024 to reach $29.9 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 22.4%. The marked growth during the historic period can be linked to robust economic proliferation in emerging markets, a surge in the application of 3D printed goods in the automobile sector, and increasing governmental investments in 3D printing technologies.
The market size for 3D printers is forecasted to experience a significant increase in the upcoming years. The market is predicted to reach $57.2 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 17.6%. The expansion during this forecast period can be tied to factors such as the surge in demand for 3D-printed medical devices, the growing need for prototyping applications, and various government initiatives. Noteworthy trends in the coming period involve significant technological improvements by leading businesses in the 3D printer production market, a swift transition from prototyping to the creation of functional parts, the introduction of creative products to extend product range, the employment of 3D printers in the construction and building industry for sustainable and eco-friendly projects, and a rise in mergers and acquisitions.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3205
What Are the Major Segments in the 3D Printer Market?
The 3D printer market covered in this report is segmented -
1) By Printer Type: Desktop 3D Printer, Industrial 3D Printer
2) By Technology: Stereolithography (SLA), Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Direct Metal Laser Sintering (DMLS), PolyJet Or MultiJet Printing (MJP), Inkjet Printing, Electron Beam Melting (EBM), Laser Metal Deposition (LMD), Direct Light Projection (DLP), Other Technologies
3) By End-use Industry: Automotive, Aerospace And Defense, Healthcare, Food, Construction And Architecture, Other End-Use Industries
Subsegments:
1) By Desktop 3D Printer: Fused Deposition Modeling (FDM), Stereolithography (SLA), Digital Light Processing (DLP), Others (Selective Laser Sintering)
2) By Industrial 3D Printer: Selective Laser Sintering (SLS), Direct Metal Laser Sintering (DMLS), Electron Beam Melting (EBM), PolyJet, Binder Jetting, Others (Multi Jet Fusion)
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3205&type=smp
What Are The Driving 3D Printer Market Evolution?
With the rapid evolution of the automotive sector, the 3D printer market is anticipated to experience significant growth. The automotive sector encompasses a multitude of businesses and organizations that are actively engaged in the various facets of motor vehicle modification, design, development, production, marketing, sales, and repair. The impact of 3D printing in the realm of automotive industry has been transformative in terms of facilitating production of customized parts, reducing tooling expenses and lead time, along with the creation of intricate geometries which would be challenging or impossible using conventional production methods. For example, as per the data released by the Federal Reserve System's Board of Governors, a government agency based in the United States, the country's vehicle production witnessed an upsurge, moving from 10.91 million units in June to 11.77 million units in July 2023. Hence, it is evident that the fast-paced expansion of the automotive sector is fuelling the growth of the 3D printer market.
Which Firms Dominate The 3D Printer Market Segments?
Major companies operating in the 3D printer market include 3D Systems Corporation, Stratasys Ltd., GE Company, EOS GmbH, Hewlett Packard, SLM Solutions Group AG, The ExOne Company, Formlabs, MarkForged Inc., Voxeljet AG, Bharma3, JGroup Robotics, Altem, Novabeans, CMK Corporation, Modix, Karkhana.io, Breezam, Addentax, mago, BMF Precision, Fuji Xerox, Think 3D, UnionTech 3D, Sichuan Revotek, Regenovo Biotech, Tiertime, Shining 3D, Winsun, HuaShang Tenda, Prodways, BeAM, AddUp, 3D Ceram, The BigRep GmbH, Renishaw, AMMA Solutions, 3D Parts Ltd, Volumic, 3D Criar, 3D Procer, Alcateia, AMS, 3D Bioprinting Solutions, Anisoprint, AMT Spetsavia, UrbanAlps, Proto Labs, Materialise, Nano Dimension, Organovo, SondaSYS, Cosine Additive, 3D Print Pulse, Sethi3D, Sciaky Inc., BigRep 3D, Robtec, Optomec, Zortrax, Kikai Labs, CHIMAK 3D, Trimaker, Trideo, VOXEL 3D, 3D Manzil, 3Dvinci, Immensa, Shisan, Etba3ly 3D, Akhani 3D, Rapid 3D, Artec 3D
What Trends Are Expected to Dominate the 3D Printer Market in the Next 5 Years?
Leaders in the 3D printer market, such as Nexa3D, are manufacturing printers with enormous reach in the Asia-Pacific region and providing functionalities faster than conventional 3D printers. For instance, the stereo lithograph apparatus (SLA) 3D printer by Nexa3D not only operates six times faster than other competitor models but also offers an Asia-Pacific reach 2.5 times larger. This advancement significantly reduces the time it takes to produce prototypes, from hours down to mere minutes, and is made with durable materials to endure the speed of 3D printing. Likewise, in 2022, Xact Metal, an American company manufacturing 3D printers, introduced their XM300G 3D printer. Aimed at delivering industrial-grade 3D printing to smaller and medium-sized enterprises affordably, this model can be programmed with single, dual, or quad lasers. Realizing the need for 3D printers in various industries like aerospace, automotive, and manufacturing, the company targets these sectors with its newest model.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/3d-printer-global-market-report
Which Is The Largest Region In The 3D Printer Market?
North America was the largest region in the 3D printer market in 2024. Asia-Pacific was the second-largest region in the global 3D printer market report. The regions covered in the 3d printer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the 3D Printer Market?
2. What is the CAGR expected in the 3D Printer Market?
3. What Are the Key Innovations Transforming the 3D Printer Industry?
4. Which Region Is Leading the 3D Printer Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release 3D Printer Market Size Forecasted To Achieve $57.2 Billion By 2029 With Steady Growth here
News-ID: 4000515 • Views: …
More Releases from The Business Research Company
Emerging Innovations Set to Redefine the Sewer Rehabilitation Services Market La …
How Large Is the Sewer Rehabilitation Services Market Anticipated to Become by 2025?
The global market for sewer rehabilitation services has experienced robust expansion lately, projected to increase from a valuation of $42.38 billion in 2024 to $45.14 billion in the subsequent year, reflecting a compound annual growth rate (CAGR) of 6.5%. This historical upward trajectory is primarily fueled by several key factors: escalating levels of urbanization, the ever-aging condition of…
2025-2034 Sea Based C4ISR Market Outlook: Emerging Drivers, Growth Barriers, and …
What Market Size Will the Sea Based C4ISR Sector Reach by 2025?
The maritime C4ISR market experienced substantial expansion lately, projected to climb from a value of $3.0 billion in 2024 to $3.17 billion the following year, reflecting a compound annual growth rate of 5.7%. This upward trend observed over the historical period stems from several factors, including the intensification of naval modernization initiatives, escalating maritime security perils, augmentation in defense…
The Impact of Rapid Urbanization on the Ripening Culture Market: A Key Force Sha …
What Is the Forecasted Size of the Ripening Culture Market by 2025?
The market for ripening cultures has experienced substantial expansion lately, projected to increase from a valuation of $1.46 billion in 2024 to $1.57 billion a year later, demonstrating a consistent yearly growth rate (CAGR) of 7.7%. This upward trajectory during the past period stems from several key factors, including heightened demand for fermented dairy items, greater recognition of the…
Strong Demand Anticipated to Drive Recirculating Chillers Market Toward $2.76 Bi …
How Much Expansion Is Expected in the Recirculating Chillers Market by 2025?
The market encompassing recirculating chillers has seen swift expansion lately, projected to escalate from a value of $1.65 billion in 2024 to $1.83 billion by the ensuing year, reflecting an impressive compound annual growth rate (CAGR) of 11.2%. This upward trajectory during the historical timeframe stems from several factors, including the proliferation of automated systems in industrial procedures, escalating…
More Releases for Print
Global Print Media Market, Global Print Media Industry, Covid-19 Impact Global P …
The print media market entails of sales of newspapers, magazines, several other periodicals, books, directories and mailing lists, and many other works, such as calendars, greeting cards, and maps and concerned services such as advertising space by countless entities (organizations, sole traders or partnerships) that publish print media.
According to the report analysis, ‘Print Media Global Market Report 2020-30: Covid 19 Impact and Recovery’ states that News Corp; Pearson PLC; Bertelsmann;…
Aussie Print Icon SNAP Set to Take on Offshore Print Giants with the Release of …
Snap Print & Design is taking on the major offshore players in the online print industry through the launch of Snap Print-Online, providing SNAP customers with access to a world leading DIY graphic design technology powered by Canva, all supported by local Snap Centre expertise, convenience, and speed of service.
Renowned as the market leader in the 'bricks and mortar' delivery of print services for well over the past century, SNAP…
Wet Glued Labels Market, Size, Share, Company Profiles By | Offset Print Flexogr …
The Global Wet Glued Labels Market report studies the latest market trends to find the challenges existing in the market that might disrupt the industry following business ventures or product launches. It has been structured explicitly to help readers understand all key elements of the industry. The Wet Glued Labels market report is comprised of a combination of accurate market insights, practical solutions, emerging talent, and the latest technological advancements.…
Print Server Market Report 2018: Segmentation by Type (Internal print server, Ex …
Global Print Server market research report provides company profile for Canon, Edimax, Xerox, IOGEAR, NETGear, TRENDnet, D-Link, HP, Brother International, Startech, Dymo, Linksys and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report…
Print Audit® Releases Print Audit 6.6
With numerous reporting enhancements and fixes, the Print Audit 6 upgrade is available for free to current users.
Calgary, Alberta – December 8, 2011 – This week, Print Audit®, the print management company, released the latest version of its flagship software, Print Audit 6. This release offers users many improvements to the program’s core tracking and reporting functions, including enhancements to the software’s integration and tracking with Adobe products.
Print Audit 6…
Print Audit Rules with Print Audit 6
Newest version of Print Audit’s flagship print management product boasts hundreds of cost-saving and environmentally friendly improvements based on customer feedback
CALGARY, ALBERTA (April 2009) – In 2008, Print Audit 5 helped companies around the world save 190,000 trees, recover $150 million, and redirect half a billion pages to more efficient print devices. Now print management company Print Audit is releasing the next version of its popular flagship product, Print Audit…
