3D Printing Market By Technology (Fused Metal Deposition, Stereo Lithography, Selective Laser Sintering, Polyjet, Material Jetting, and Selective Laser Melting), By Material (Thermoplastics and Metals), By End-Use (Automotive and Aerospace), and By Region – Trends, Analysis, and Forecast till 2030

3D printing market accounted for USD 5.17 Billion in 2019 and is projected to register a moderate CAGR of 27.34% over the forecast period. 

3D printing is a process of making three dimensional solid objects from a digital file. It is done by building up the object layer by layer. Frequently, 3D printers use plastic, because it is easier to use and available in low cost. Some may also use materials such as metals and ceramics. 3D Printing Market is getting popular in the customizable industry with products such as personalized models of art and dolls in many shapes made by in metal or plastic, or as consumable art.

Fastest growth in technological advancements, innovative designing, and development in numbers of variety materials for 3d printing are the factors driving growth of the target market. Additionally, in the past decade 3d printing technology have changed the potential ways in which products are designed, developed, manufactured, and distributed in automotive and aerospace industry. These open doors for newer designs, cleaner, lighter, and safer products with shorter lead times, and lower costs such factor propel the growth of global market. Moreover, rising awareness through the industry, high adaptability, various intensive research and development and growing government initiatives to adopt 3D printing in industry verticals such as automotive and aerospace drives the target market growth. 3D printings market are able to print-on-demand, also possible for part replacement, less popular designs, specialty products, and low-volume production of customized functional parts. Advancement in technology and lowering the cost of 3d printing will provide an opportunity for the growth of the global market.

Based on technology, the global 3d printing market is classified into fused metal deposition, stereo lithography, selective laser sintering, polyjet, material jetting, selective laser melting, and others. By material, the target market is classified into thermoplastics, and metals. By end-use, the global market is classified into automotive and aerospace. Automotive sector is expected to dominate the global market due to rapid development of 3d printing tools. It offers marvelous potential for automotive OEMS and tier-one suppliers, since it can significantly shorten development cycles. This offer automotive industry to optimize the capital-intensive development of new products.

Regional Insights:

By region, the global market is classified in to North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate the target market during the forecast period, owing to being world’s manufacturing capital of the aerospace industry and presence of number of major player of automotive industries with the presence of many large-to small-sized OEMs, tier players, 3D printers, and raw material suppliers. Asia-Pacific is projected to be the fastest-growing 3D printing market over the forecast period, because of increasing presence of OEMs and the growing demand from emerging economies such as China and India.

Global 3d Printing Market, By Technology:

• Fused Metal Deposition
• Stereo Lithography
• Selective Laser Sintering
• Polyjet
• Material Jetting
• Selective Laser Melting

Global 3d Printing Market, By Material:

• Thermoplastics
• Metals

Global 3d Printing Market, By End User:

• Automotive
• Aerospace

Global 3d Printing Market, By Region:

• North America
  • Middle East & Africa
    • Middle East & Africa 3d Printing Market, By Technology 
    • Middle East & Africa 3d Printing Market, By Material
    • Middle East & Africa 3d Printing Market, By End User
    • Middle East & Africa 3d Printing Market, By Country
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • Latin America 3d Printing Market, By Technology 
    • Latin America 3d Printing Market, By Material
    • Latin America 3d Printing Market, By End User
    • Latin America 3d Printing Market, By Country
      • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • Asia Pacific 3d Printing Market, By Technology 
    • Asia Pacific 3d Printing Market, By Material
    • Asia Pacific 3d Printing Market, By End User
    • Asia Pacific 3d Printing Market, By Country
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia
      • Pacific                                                                                                                  
  • Europe
    • Europe 3d Printing Market, By Technology 
    • Europe 3d Printing Market, By Material
    • Europe 3d Printing Market, By End User
    • Europe 3d Printing Market, By Country
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • North America 3d Printing Market, By Technology 
  • North America 3d Printing Market, By Material
  • North America 3d Printing Market, By End User
  • North America 3d Printing Market, By Country
    • U.S.
    • Canada

The key players operating the global 3d Printing Market 3D Systems, Inc., involves Stratasys Ltd., Materialise NV, SLM Solutions Group, General Electric, Arkema, EOS GmbH, Ultimaker B.V., Formlabs, Inc., ENVISIONTEC, INC., BASF SE, HP Development Company, L.P., Proto Labs, Evonik Industries AG, Royal DSM, and Markforged, Inc.

• 3D Systems, Inc.
• Product Type   Portfolio
• Involves Stratasys Ltd.
• Materialise NV
• SLM Solutions Group
• General Electric, Inc.
• Arkema
• EOS GmbH
• Ultimaker B.V.
• Formlabs, Inc.
• ENVISIONTEC, Inc.
• BASF SE
• HP Development Company, L.P.
• Proto Labs
• Evonik Industries AG
• Royal DSM
• Markforged, Inc.