What is Global Industrial 3D Printing Devices Market?
The Global Industrial 3D Printing Devices Market is a rapidly expanding sector that encompasses a wide range of technologies and applications. At its core, it involves the use of 3D printing devices in an industrial context, to create products and components with a high degree of precision and customization. This market has been growing steadily over the past few years, driven by advancements in 3D printing technology and increasing demand from various industries. The devices used in this market are capable of printing objects in a variety of materials, including plastics, metals, ceramics, and more. They are used in a wide range of industries, from automotive and aerospace to healthcare and consumer goods. The global market for these devices is expected to continue growing in the coming years, driven by ongoing technological advancements and increasing adoption of 3D printing in various industrial applications.
Metal Printing, Non-metal Printing in the Global Industrial 3D Printing Devices Market:
The Global Industrial 3D Printing Devices Market is divided into two main segments: metal printing and non-metal printing. Metal printing involves the use of 3D printing devices to create objects made of various types of metals. This is a highly specialized field that requires advanced technology and expertise. On the other hand, non-metal printing involves the use of 3D printing devices to create objects made of materials other than metal, such as plastics, ceramics, and more. This segment of the market is more diverse and encompasses a wider range of applications. Both metal and non-metal printing have been experiencing significant growth in recent years, driven by advancements in 3D printing technology and increasing demand from various industries. The global market for these devices is expected to continue growing in the coming years, driven by ongoing technological advancements and increasing adoption of 3D printing in various industrial applications.
Construction, Automotive, Aerospace and Defence, Electronics, Medical, Others in the Global Industrial 3D Printing Devices Market:
The Global Industrial 3D Printing Devices Market is used in a variety of areas, including construction, automotive, aerospace and defense, electronics, medical, and others. In the construction industry, these devices are used to create building components with a high degree of precision and customization. In the automotive industry, they are used to create parts and components for vehicles. In the aerospace and defense industry, they are used to create parts and components for aircraft and other defense equipment. In the electronics industry, they are used to create components for electronic devices. In the medical industry, they are used to create medical devices and prosthetics. In other industries, they are used for a variety of applications, from creating consumer goods to manufacturing industrial equipment. The global market for these devices is expected to continue growing in the coming years, driven by ongoing technological advancements and increasing adoption of 3D printing in various industrial applications.
Global Industrial 3D Printing Devices Market Outlook:
The outlook for the Global Industrial 3D Printing Devices Market is very positive. In 2023, the market was valued at US$ 2272.5 million. However, it is expected to grow significantly in the coming years, reaching a value of US$ 6299.4 million by 2030. This represents a compound annual growth rate (CAGR) of 15.4% during the forecast period from 2024 to 2030. This growth is expected to be driven by ongoing technological advancements in 3D printing, as well as increasing adoption of this technology in various industrial applications. The market's growth potential is further underscored by the increasing demand for customized and precision products in various industries, from automotive and aerospace to healthcare and consumer goods.
| Report Metric | Details |
| Report Name | Industrial 3D Printing Devices Market |
| Accounted market size in 2023 | US$ 2272.5 million |
| Forecasted market size in 2030 | US$ 6299.4 million |
| CAGR | 15.4% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Stratasys, EOS, GE, 3D Systems, HP, SLM Solutions, EnvisionTEC, Renishaw, ExOne, Optomec, SHINING 3D, VoxelJet AG, BLT |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
