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Manufacturing 3D Printer Market Trends

Report ID: GMI6734
Published Date: Sep 2023
Report Format: PDF

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Manufacturing 3D Printer Market Trends

The manufacturing 3D printer industry is characterized by several prominent trends including the ongoing diversification of materials with a focus on advanced options such as metals and composites. Additionally, the industry is shifting toward end-use production and emphasizing customization to meet individual consumer needs. Sustainability remains a key concern; however, 3D printing reduces waste generation and offers enhanced energy-efficient processes that align well with eco-conscious manufacturing practices. Furthermore, regulatory approvals are expanding, particularly in the highly regulated sectors of aerospace and healthcare. Finally, the COVID-19 pandemic underscored the importance of agile supply chains, driving interest in 3D printing for localized & on-demand production.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for manufacturing 3D printer was valued over USD 15 billion in 2022 and is estimated to register a CAGR of over 15% between 2023 and 2032, owing to the ease of developing customized products.

The Electron Beam Melting (EBM) segment was valued at over USD 1.5 billion in 2022 and is expected to grow at a lucrative pace through 2032 as EBM offers distinct advantages such as high precision and the ability to work with metals including titanium and other high-temperature materials.

North America held a significant market share of over 30% in 2022 and will continue growing owing to the investments in R&D, creation of cutting-edge innovations, integration of 3D printing manufacturing in industries, such as aerospace, healthcare, and automotive.

3D Systems, Beijing Tiertime Technology, CleanGreen 3D Limited, EOS GmbH, GE, Groupe Gorge, HP, Materialise, Optomec, Protolabs, Renishaw, SLM Solutions, Stratasys, Ultimaker, and Voxeljet.