Binder Jet Market Share

North American Market Forecast

Binder jet market in the North America region is expected to hold the largest revenue share of about 32% during the forecast period. The binder jet business is expected to be dominated by North America, just as it has been in terms of technical adoption. Numerous 3D printing binder jet solutions in order to increase their market share in North America, suppliers are expanding their bolster their standing in the market. For instance, the value of 3D printing goods and services was predicted to be close to USD 10 billion, and the US emerged as the nation with the most 3D printing patents. To further capitalize on the potential of 3D printing, a plethora of new product launches, mergers, and acquisitions have occurred in North America. Numerous government organizations, including NASA, have observed that large investments in 3D printing technology might have a substantial impact on space applications and the development of zero-G technologies, which would accelerate industry expansion.

European Market Statistics

The binder jet market in the Europe region is projected to hold the second largest share of about 28% by the end of 2036. Due to the recent announcement from a well-known manufacturer that it will start using binder jet 3D printing in production, Germany is expected to gain a significant market share in the upcoming years. This manufacturer is reportedly the first in the automotive industry to employ 3D printing technology in its production process, to cut costs and boost manufacturing productivity.