"According to a market report by Lucintel, the future of the global powder bed fusion process 3D printing technology market looks promising with opportunities in the healthcare, automotive, and aerospace & defence sectors. The global powder bed fusion process 3D printing technology market is expected to reach an estimated $5.6 billion by 2030 with a CAGR of 18.1% from 2024 to 2030. The major drivers for this market are increasing demand for personalized goods and wide usage of this technology to produce complex geometries with high precision and accuracy.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in powder bed fusion process 3D printing technology market to 2030 by component (hardware, software, services, and material), technology (multi jet fusion, selective laser sintering, direct metal laser sintering/ selective laser melting, and electron beam melting), end use industry (healthcare, automotive, aerospace and defence, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)In this market, hardware, software, services, and material are the major segments of powder bed fusion process 3D printing technology market by component. Lucintel forecasts that hardware is expected to witness highest growth over the forecast period.

Within this market, aerospace and defence is expected to witness highest growth over the forecast perioddue to significant use of powder bed fusion process 3D printing technology in this sector to manufacture complex and lightweight parts.

North America is expected to witness highest growth over the forecast period due to existence of well-developed infrastructure for the production and commercialization of 3D printing technology and presence of key players in the region.

EOS, 3D Systems, SLM Solutions, Renishaw, HP Development, General Electric, Additive Industries, Formlabs, Prodways, and Stratasys are the major suppliers in the powder bed fusion process 3D printing technology market.

""This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]