3D Printing Market Size

3D Printing Market size was valued at USD 20.5 Billion in 2023 and is poised to cross USD 227.3 Billion by the end of 2036, expanding at more than 22.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of 3D printing is evaluated at USD 23.7 Billion.

The construction sector has had exceptional growth in recent times, bolstered by both international investments and driven by elements including population growth, urbanization, and growing infrastructural needs. Construction companies and firms are increasingly adopting 3D printing to produce custom-made parts and structures, as well as for prototyping and testing purposes. As per a recent report, the construction industry of the United States plays a vital role in the growth and shaping of cities and infrastructure. Around USD 1.8 trillion was spent which contributes to 4% to the country’s economy.