3D Printing Market Analysis

Technology (FDM, SLA, DLP, SLS, EBM, LOM)

Fused deposition modeling (FDM) segment is poised to hold more than 23% 3D printing market share by 2037 owing to thermoplastic filament through a hot end to print the desired 3D object. The rapid increase in the prototyping technique of FDM drives the 3D printing market during the forecast period as it enables a clean and cost-efficient development for small functional components.

As per a recent report, FDM processes can achieve pore sizes ranging from 160 to 700 microns, with porosities ranging from 48% to 77%. Fused deposition modeling works on a CAD/CAM-based design-specific diagram that is used in an FDM system, this system then sends a design-specific command to the controller’s head, and then ultimately the melted thermoplastic is released.

Component (Hardware, Software, Services)

By 2037, hardware segment is expected to account for around 63% 3D printing market share. The advanced hardware makes it possible for high-precision 3D printing to be applied in a variety of applications. The software component, on the other hand, provides the technology and processes for creating and managing print jobs. Its advanced capabilities allow for more complex designs as well as more efficient processes. According to the latest report, around 2.2 million 3D printer units were shipped in 2021.

End-Users (Aerospace & Aeronautics, Consumer Goods, Automotive, Industrial, Healthcare & Medical Devices)

In 3D printing market, aerospace & aeronautics segment is expected to capture around 33% revenue share by the end of 2037, which makes it a key segment for the rapid creation of prototypes and parts, and providing great savings in time & development costs for the industry which drives the segment growth.

According to the Aerospace Industry Association, in 2021, Aerospace and Defense industry exports increased by 11.2 percent to a total value of USD 100.4 billion. In addition, the 3D Printing is being increasingly applied to create custom-matched organs, implants, and other medical devices in the healthcare sector. With this technology, the industry can provide a more personalized and tailored treatment cost-effectively.

Our in-depth analysis of the 3D printing market includes the following segments: