Selective Laser Sintering Industry Outlook 2025-2029: Market Set to Cross $7.56 Billion Milestone

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Selective Laser Sintering Market Size By 2025?
In recent years, the market size of selective laser sintering has witnessed exponential growth. Predicted to expand from $2.85 billion in 2024 to $3.46 billion in 2025, the market is set to experience a compound annual growth rate (CAGR) of 21.2%. This impressive growth during the historical period can be traced back to several factors, including the globalization of retail chains, an emphasis on loss prevention, reduction in labor costs, augmented efficiency and speed, improved customer experience, and a decrease in checkout errors.

How Big Is the Selective Laser Sintering Market Size Expected to Grow by 2029?
The market size of selective laser sintering is anticipated to witness a significant surge in the upcoming years. The value is projected to reach "$7.56 billion by 2029, achieving a compound annual growth rate (CAGR) of 21.6%. The surge during the forecast timeframe can be credited to factors such as hybrid checkout solutions, omnichannel retailing, growth in emerging markets, emphasis on environmental sustainability, and customization according to retailer requirements. Key trends expected during this period encompass remote help and surveillance, incorporation with mobile technologies, contactless and cashless business operations, data analytics for improved customer understanding, and integration with loyalty schemes.

View the full report here:
https://www.thebusinessresearchcompany.com/report/selective-laser-sintering-global-market-report

Which Key Market Drivers Powering Selective Laser Sintering Market Expansion and Growth?
An upswing in the need for consumer electronics is anticipated to boost the selective laser sintering market's upward trajectory. Devices like smartphones, tablets, laptops, televisions, gaming consoles, and wearable technology, which are purchased for personal as opposed to commercial purposes, fall into the category of consumer electronics. Selective laser sintering is employed in the production processes of these goods, including smartphones, laptops, and wearable devices. Consequently, the selective laser sintering market benefits from an increased appetite for consumer electronics. As an example, Canalys, a Singapore-based tech entity, reported that North America saw a total of 39.0 million smartphones shipped in May 2022, marking a 3.7% increase year-on-year. Adding to this, Apple saw a surge in growth by 19% during Q1 2022, securing a commanding market share of 51%. Samsung, on the other hand, experienced a modest growth of 1%, securing a 27% slice of the market, while TCL and Google garnered 4% and 3% of the market slice respectively. Thus, the increasing need for consumer electronics propels the selective laser sintering market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10390&type=smp

Which Fast-Growing Trends Are Poised to Disrupt the Selective Laser Sintering Market?
3D printing methods represent a significant trend that's gaining momentum within the selective laser sintering sector. Companies within this market are introducing 3D printers that feature advanced technology to maintain their market standing. For example, Wipro 3D, an Indian company specializing in 3D printing of operational applications and technology manufacturing, unveiled the Wipro 3D F300-2 printer in November 2022, which employs Fused Filament Fabrication (FFF) technology. This machine provides high-caliber 3D printing and includes superior technological capabilities such as a magnetic printing bed, automated platform leveling, dual filtration, and a self-cleaning nozzle. This device features an IOT-enabled dual nozzle, which enables control and supervision abilities over the internet through various devices such as smartphones, tablets, and computers.

What Are the Emerging Segments in the Selective Laser Sintering Market?
The selective laser sintering market covered in this report is segmented -

1) By Component: Hardware, Software, Services
2) By Laser Type: Solid Laser, Gas Laser
3) By Material: Metal, Plastic
4) By Application: Automotive, Aerospace and Defense, Healthcare, Electronics, Other Applications

Subsegments:
1) By Hardware: 3D Printers, Laser Systems, Powder Handling Systems
2) By Software: Design Software, Slicing Software, Monitoring Software
3) By Services: Printing Services, Maintenance And Support Services, Consulting Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=10390&type=smp

Who Are the Global Leaders in the Selective Laser Sintering Market?
Major companies operating in the selective laser sintering market include 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.

Which are the Top Profitable Regional Markets for the Selective Laser Sintering Industry?
North America was the largest region in the selective laser sintering market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global selective laser sintering market during the forecast period. The regions covered in the selective laser sintering market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10390

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

UC24_fI0rV8cR5DxlCpgmyFQ

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 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 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.