Manufacturing 3D Printer Industry - Regional Synopsis
North American Market Statistics
North America industry is estimated to dominate majority revenue share of 35% by 2037. It is also predicted that the business will grow in the area owing to the strong demand for rapid prototyping owing to its benefits, improvements in technology, and the quicker uptake of manufacturing 3D printing services.
The United States' disposable personal income rose by around 0.1% in February 2024 compared to the same month the previous year. As a result, more individuals in the region are spending on customized goods from automotive to electronics, leading to a higher need for manufacturing 3D printers.
A significant investment in the country's future advanced manufacturing through the Global Innovation Cluster program was recently announced by Next Generation Manufacturing Canada (Ngen), which marks a turning point for Canada, particularly in the field of 3D printing.
European Market Analysis
The Europe region will also witness lucrative growth in the manufacturing 3D printer market in the coming years led by the increasing focus on sustainability.
The European Union has pledged to pursue long-term, ambitious environmental and climate goals by launching initiatives such as the EU Green Deal that seeks to transition to a clean, circular economy to increase resource efficiency.
This may drive the need for manufacturing 3D printers in the region as it generates less waste and supports sustainable manufacturing practices.
Europe's leading market for 3D printing is Germany with more than 35 manufacturers providing professional 3D printers, materials, and software from a single source.
Italy is home to several manufacturers of 3D printers, including Prima Additive, Robot Factory, and Roboze, that offer superior, cost-effective custom prototypes and production components.
