3D Printing Devices Services and Supplies Market (Technology - Extrusion, Jetting, Powder Bed Fusion, Vat Photopolymerization, Stereolithography, Sheet Lamination, and Direct Energy Deposition; Application - Aerospace, Healthcare, Automotive, Industrial, Jewellery, and Energy): Global Industry Analysis, Trends, Size, Share and Forecasts to 2030

A recent report published by Infinium Global Research on 3D printing devices services and supplies market provides in-depth analysis of segments and sub-segments in the global as well as regional 3D printing devices services and supplies market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional 3D printing devices services and supplies market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global 3D printing devices services and supplies market.

Market Insight:

The revenue generated by the 3D printing devices services and supplies market was USD 9.96 billion in 2022 and is expected to reach USD 36.23 billion in 2030 and is expected to grow with a CAGR of 17.51% over the forecast period 2023-2030.

3D printing, also known as additive manufacturing, creates physical objects from a digital design file. It uses input substrate materials using a layer-upon-layer printing method. There are seven major 3D printing technologies available today, which include vat photopolymerization, material extrusion, material jetting, binder jetting, powder bed fusion, direct energy deposition, and sheet lamination. 3D printing uses a layer-by-layer, particle-by-particle approach to manufacturing, it can make very complicated shapes that are indescribable using a traditional process such as molding, machining, or casting. Various materials used in 3D printing manufacturing include plastics, ceramics, wax, metals, sand, glass, and biomaterials. The benefits of 3D printing today go way beyond just making models and prototypes. 3D printing is becoming a way of making components and products sold across the supply chain from the bracket in the aircraft door to the dental aligner in the teenager’s mouth. They are also used in dental laboratories and jewelry retailers, from the aerospace factory to the hospital basement.

The advanced application of 3D printing technology in the aerospace, defense, and automotive industries acts as a driving force for its broader adoption. These sectors have recognized the technology's transformative potential early on. In aerospace, 3D printing streamlines the production of lightweight and intricate components, enhancing aircraft performance and fuel efficiency. The defense sector benefits from rapid prototyping and specialized part production. Meanwhile, the automotive industry leverages 3D printing for customized parts, improving vehicle performance and reducing costs. These industries tap into 3D printing's capacity to create complex, robust structures while optimizing designs and minimizing material wastage. Their accumulated expertise in working with diverse materials, including advanced metals and composites, sets a precedent for other sectors, motivating them to explore 3D printing's potential for enhanced product development, cost savings, and performance optimization. Furthermore, the global landscape is witnessing substantial digital transformation across a multitude of industries. Consequently, the market for 3D printing devices, services, and supplies is being propelled by continuous technological advancements. These include the development of faster printers, enhancements in materials, and increased precision in 3D printing processes. These innovations collectively serve to make 3D printing more accessible and versatile, expanding its applicability across a wide range of sectors. However, there are certain restraining factors that could hinder the market in the future, which include quality and regulatory issues, lack of sufficient 3D printing experts, challenges related to choosing the right candidate for 3D printing, reimbursement challenges, and Bio-compatibility challenges. Furthermore, the emergence of cloud-based 3D printing service providers increased vertical applications, and improved market consolidation are among the latest trends that will drive the market in the coming future.

North America holds the largest share in the 3D printing devices, services, and supplies market. The region boasts a robust manufacturing sector, extensive research and development activities, and a strong technological infrastructure. Furthermore, a supportive regulatory environment and significant investments in 3D printing technology, especially in the United States, have propelled market growth. The presence of leading 3D printing companies, coupled with a high level of adoption across industries like aerospace, healthcare, and automotive, contributes to the region's market leadership. Additionally, a growing emphasis on customization and innovation fuels the demand for 3D printing devices, services, and supplies in North America. Additionally, Europe is anticipated to be the second largest region followed by the Asia Pacific region. Italy, Germany, France, and Sweden are the major countries offering lucrative opportunities for the players to grow in the 3D printing market over the years to come.

Report Scope of the 3D Printing Devices Services and Supplies Market:

Segment Covered

The report on provides a detailed analysis of segments in the market based on Technology, and Application.

Segmentation Based on Technology

·       Aerospace

·       Healthcare

·       Automotive

·       Industrial

·       Jewellery

·       Energy

Segmentation Based on Application

·       Aerospace

·       Healthcare

·       Automotive

·       Industrial

·       Jewellery

·       Energy

Companies Profiled:

·       3D Systems, Inc

·       WASP S.r.l

·       Stratasys

·       Materialise

·       General Electric

·       ExOne

·       Proto Labs

·       voxeljet AG

·       EOS GmbH

·       SLM Solutions

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the 3D printing devices services and supplies market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.