The global automated 3D printed market was valued at $0.4 billion in 2021 and it is expected to reach $13.1 billion at a CAGR of 34.2% between 2022 and 2032. Several manufacturing industries are using 3D printing; therefore adoption of 3D printing is rapidly growing as a manufacturing method. Hence, the market for industrial 3D printing will be gradually growing during the forecast period.
By region, Europe is projected to lead the automated 3D printing market during the forecast period.
3D printing is often referred to as additive manufacturing and it is the construction of a three-dimensional object from a CAD or digital 3D model. The 3D digital model can produce any kind of shape and size of an object required for customers, manufacturing companies, and others. However, the major principles of 3D printing are the translation of code, the flexibility of output, and material cartridges into a visible pattern. Additionally, at present days, this 3D technology is widely used for rapid prototyping, speedy manufacturing, mass production, and mass customization. The awareness of advantages of using 3D printing is rising and consumers are more likely to use this kind of method by rejecting conventional procedures. Based on usage, the market is segmented into personal and commercial divisions. The commercial segment is leading the global automated 3D printing market followed by personal usage.
Source: SAI Research
Hence, these major factors are expected to fuel the global automated 3D printing market through the upcoming years with significant growth. Based on applications, the global market of automated 3D printing has been segmented into automotive, medical, aerospace, military sectors, education, architecture, consumer electronics, and others. The consumer application segment is expected to witness significant growth in the upcoming years. In this section, 3D printing is massively used in home décor, jewelry, toys, art, gadgets, glass frames, and more.
Based on regions, the market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East Countries. The Europe region is dominating the automated 3D printing market followed by Asia-Pacific and North America. The Asia-Pacific region is also expected to be the fastest-growing market during the forecast period from 2022 to 2032. There are some major factors such as increasing investment in 3D printing start-ups, governmental support, and technology innovations, which are driving the growth of the market across the North American region. Furthermore, various key players are involved in R&D activities from different countries, which are providing opportunities for the automated 3D printing market.
North America holds the largest market share by region
The global automated 3D printing market has been geographically segmented into Asia-Pacific, Europe, North America, Latin America, the Middle East, and Africa region. In addition to this, the Asia-Pacific region holds the largest market share. The reason may be attributed to the presence of automated 3D printing equipment manufacturer in the USA. Continuous investment in R&Ds coupled with grants from universities and government is further expected to drive the automated 3D printing market in the North America region. Asia-Pacific and Europe regions are further expected to follow the North America region in terms of growth rate and revenues owing to rapid modernization and industrialization in the developing countries of these regions. Asia-Pacific region is expected to grow at the fastest CAGR owing to massive foreign direct investments to adopt latest technologies coupled with the attempt to solidify the defense line as political unrest is prevailing in several countries that include India, China, North Korea, and few others.
According to the study, key players such as Stratasys Company (Israel), Redwire Company (U.S), Materialise NV Company (Belgium), 3D System Engineering Company (U.S), GE Multinational Conglomerate Company (U.S), Autodesk Software Company (U.S), EnvisionTEC Company (U.S), Otto GMBH Company (Germany), Voxeljet AG Company (Germany), Optomec Inc Company (U.S), Desktop Metal Manufacturing Company (U.S), General Electric International Benelux BV Company (Sweden), DSM Corporation (Netherlands), Hoganas AB Company (Sweden), Ponoko Limited (New Zealand), Mcor Technologies Limited Company (Ireland), Beijing Tiertime Technology Co. Ltd. Company (China), Shining 3D Technology Co. Ltd. Company (China), Aleph Objects Manufacturing Company (U.S), Anycubic 3D Printer Company (China), VTech Company (China), SLM Solutions Group AG (Germany), Ultimaker 3D Maker Company (Netherlands), Anisoprint SARL (Luxemburg), Nexa 3D Company (U.S), among others are leading the global automated 3D printing market.
Scope of the Report:
Report Coverage |
Details |
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Base Year: |
2021 |
Market Size in 2021: |
USD 0.4 Billion |
Historical Data for: |
2019, 2020 and 2021 |
Forecast Period: |
2022 to 2032 |
Forecast Period 2022 to 2032 CAGR: |
34.2% |
2032 Value Projection: |
USD 13.1 Billion |
Segments covered: |
By Offering: Hardware, Software, Services By Process: Material Handling, Automated Production, Part Handing, Post-Processing, Multiprocessing By End User: Aerospace & Defense, Healthcare, Industrial-Manufacturing, High-Tech Equipment, and Engineering, Automotive, Consumer Products, Energy, Others (Education, Entertainment, Jewelry, and Printed Electronics.) |
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Geographies covered: |
North America - U.S, Canada, Mexico Europe - Germany, France, Italy, U.K, Russia, Rest of Europe Countries Asia-Pacific -India, China, Japan, South Korea, North Korea, Rest of Asian Countries LAMEA - Brazil, Saudi Arabia, Rest of LAMEA |
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Companies covered: |
Stratasys Company (Israel), Redwire Company (U.S), Materialise NV Company (Belgium), 3D System Engineering Company (U.S), GE Multinational Conglomerate Company (U.S), Autodesk Software Company (U.S), EnvisionTEC Company (U.S), Otto GMBH Company (Germany), Voxeljet AG Company (Germany), Optomec Inc Company (U.S), Desktop Metal Manufacturing Company (U.S), General Electric International Benelux BV Company (Sweden), DSM Corporation (Netherlands), Hoganas AB Company (Sweden), Ponoko Limited (New Zealand), Mcor Technologies Limited Company (Ireland), Beijing Tiertime Technology Co. Ltd. Company (China), Shining 3D Technology Co. Ltd. Company (China), Aleph Objects Manufacturing Company (U.S), Anycubic 3D Printer Company (China), VTech Company (China), SLM Solutions Group AG (Germany), Ultimaker 3D Maker Company (Netherlands), Anisoprint SARL (Luxemburg), Nexa 3D Company (U.S), among others are leading the global automated 3D printing market. |
The Global Automated 3D Printing Market Has Been Segmented Into:
The Global Automated 3D Printing Market, by Offering
The Global Automated 3D Printing Market, by Process
The Global Automated 3D Printing Market, by End User
The Global Automated 3D Printing Market – by Regions:
North America
Europe
Asia-Pacific
LAMEA
Customization options available to meet your custom research requirements :