3D Printing Market | Size, Share and Market Forecast to 2025 - IMARC Group

Global 3D Printing Market Research Report and Forecast 2025

Report Edition: 2020 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

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Global 3D Printing Market Overview: As per the latest report by IMARC Group, titled “3D Printing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,� the global 3D printing market size reached US$ 11 Billion in 2019. 3D printing, also known as additive manufacturing, refers to the process of building three-dimensional solid objects, such as patterns, physical models, production parts and tooling components, using a computer-aided design (CAD) model. The process of manufacturing these objects involves successively adding a series of additives layer by layer, which eliminates the requirement of cutting and drilling. As compared to conventional production technologies, 3D printing offers numerous advantages, which include durability, stability, flexibility, high-sensitivity and lower raw material wastage.

Request for a free sample report: https://www.imarcgroup.com/3d-printing-market/requestsample Global 3D Printing Market Trends The market is currently experiencing robust growth on account of the expanding applications of 3D printing in numerous industries.

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157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2012

2013

2014

2015

2016

2017

2018

2019

In Billion US$

In Billion US$

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180 160 140 120 100 80 60 40 20 0

160.0 2020

175.9

181.2

186.5

165.3

170.6

2021

2022

2023

2024

2025

Apart from this, the escalating demand for prototyping applications in the healthcare, aerospace and defense sectors is also fueling the market growth. Furthermore, leading vendors in the industry are increasing their budget for research and development (R&D) activities, which is anticipated to drive the market in the upcoming years. Looking forward, the market value is projected to reach US$ 29 Billion by 2025, expanding at a CAGR of 17.8% during the forecast period (2020-2025).

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For instance, it is employed in the automotive industry as it helps in creating complex parts, speeding up tooling cycles, improving measurement and testing, and offering customization solutions in all aspects of the vehicle development. It is also utilized in the fashion industry for manufacturing nylonbased clothes and different pieces of jewelry.

3D Printing Market Segmentation: Market Segmentation by Technology • • • • • •

Stereolithography Fused Deposition Modeling Selective Laser Sintering Electron Beam Melting Digital Light Processing Others

Based on the technology, the market has been segmented into stereolithography, fused deposition modeling, selective laser sintering, electron beam melting, digital light processing and others. At present, stereolithography exhibits a clear dominance in the market.

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Report Description Market Segmentation by Process • • • • • • •

Binder Jetting Directed Energy Deposition Material Extrusion Material Jetting Powder Bed Fusion Sheet Lamination Vat Photopolymerization

On the basis of the process, the market has been segregated into binder jetting, directed energy deposition, material jetting, powder bed fusion, sheet lamination and vat photopolymerization. The power bed fusion segment holds the majority of the global market share.

For more information, click here: https://www.imarcgroup.com/3d-printing-market Market Segmentation by Material •

Photopolymers

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Plastics Metals and Ceramics Others

The market has been analyzed based on the material into photopolymers, plastics, metals and ceramics, and others. Photopolymers account for the majority of the total market share.

Market Segmentation by End-User • • • • • •

Consumer Products Machinery Healthcare Aerospace Automobile Others

The market has been analyzed on the basis of the end user into consumer products, machinery, healthcare, aerospace, automobile and others. Amongst these, consumer products hold the majority of the market share.

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Report Description Market Segmentation by Region • • • • •

North America Europe Asia Pacific Middle East and Africa Latin America

Region-wise, North America enjoys the leading position in the market. Other major regions include Europe, Asia Pacific, Middle East and Africa, and Latin America.

Market Segmentation by Application • • •

Prototyping Tooling Functional Part Manufacturing

On the basis of the application, the market has been classified into prototyping, tooling and functional part manufacturing. Currently, prototyping exhibits a clear dominance in the market.

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Report Description Segmentation by Offering • • • •

Printer Material Software Service

Based on the offering, the services segment dominates the market. Other major segments include printer, material and software.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • • •

Stratasys 3D Systems Materialise EOS GmbH Ge Additive

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HP SLM Solutions Envisiontec Protolabs Mcor Technologies Optomec Ultimaker Renishaw Beijing Tiertime Technology Xyzprinting

Browse Related Report Robotics Market Report: https://www.imarcgroup.com/robotics-market Wireless Sensors Market Report: https://www.imarcgroup.com/wireless-sensors-market

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