Industrial 3D Printing Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031


Posted October 7, 2024 by Tan8121

Industrial 3D printing market is anticipated to grow at a significant CAGR of 12.1% during the forecast period (2023-2030).

 
Industrial 3D printing market is anticipated to grow at a significant CAGR of 12.1% during the forecast period (2023-2030). The growing adoption of 3D printed molds using heat-resistant resins is the key factor supporting the growth of the market globally. This printers unlocks new production possibilities at speeds exponentially faster than comparables industrial printers. They can produce the same output as four of the next fastest industrial 3D printer on the market. To deliver unrivaled productivity and print success for industrial users key players are looking to scale additive production. The market players are also focusing on introducing fastest additive industrial 3D printing solutions that further bolster the market growth. For instance, in May 2023, Nexa3D launched XiP Pro Industrial 3D Printer. XiP Pro delivers the highest daily throughput at the lowest operational costs for the production of industrial and medical device components, enabling onshoring and reshoring efforts with additive manufacturing.

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The global industrial 3D printing market is segmented on the offering, technology, and end-users. Based on the offering, the market is sub-segmentedinto printers, materials, software and services. Based on the technology, the market is sub-segmented into stereolithography, fused deposition modelling, electron beam melting, selective laser sintering, digital light projection and others (direct metal laser sintering, polyjet printing, inkjet printing, laser metal deposition). Further, on the basis of end users, the market is sub-segmented into automotive, aerospace and defence, food and culinary, printed electronics, foundry and forging and others (healthcare, jewellery, oil and gas, consumer goods).Among the end users, the printed electronics sub-segment is anticipated to hold a considerable share of the market owing to the flexible substrates, that lowers production costs and allow the fabrication of mechanically flexible circuits

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Market Coverage
Market number available for – 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Market Segmentation

Global Industrial 3D Printing Market by Offering

Printers
Materials
Software
Services

Global Industrial 3D Printing Market by Technology

Stereolithography
Fused Deposition Modelling
Electron Beam Melting
Selective Laser Sintering
Digital Light Projection
Others (Direct Metal Laser Sintering, Polyjet Printing, Inkjet Printing, Laser Metal Deposition)

Global Industrial 3D Printing Market by End-Users

Automotive
Aerospace and Defense
Food and Culinary
Printed Electronics
Foundry and Forging
Others (Healthcare, Jewelry, Oil and Gas, Consumer Goods)

Company Profiles 

3D Systems, Inc.
BASF SE
Carbon, Inc.
Desktop Metal, Inc.
EOS GmbH
ExOne
Farsoon Technologies Co., Ltd.
Formlabs Inc.
Markforged, Inc.
Materialise
Nano Dimension
Proto Labs
Renishaw plc.
Stratasys, Ltd.
TRUMPF SE + Co. KGUltiMaker B.V.
voxeljet AG
XYZprinting, Inc.

The Report Covers

Market value data analysis of 2022 and forecast to 2030.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global industrial 3D printing market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.

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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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Last Updated October 7, 2024