3D Printing Market to Grow at a CAGR of 23.4% During the Forecast Period; Surging Requirements for Real-time Data Analytics to Foster Market Expansion

The global 3D printing market size stood at USD 19.33 billion in 2024. The market is predicted to rise from USD 23.41 billion in 2025 to USD 101.74 billion by 2032, recording a CAGR of 23.4% from 2025 to 2032.

Fortune Business Insights™ presents this information in its report titled, “3D Printing Market Size, Share & Industry Analysis, By Component (Hardware, Software, and Services), By Technology (FDM, SLS, SLA, DMLS/SLM, Polyjet, Multi Jet Fusion, DLP, Binder Jetting, EBM, CLIP/CDLP, SDL, and LOM), By Printing Type (Desktop 3D Printer and Industrial 3D Printer), By Material Type (Metal, Polymer, and Ceramics), By Application (Prototyping, Production, Proof of Concept, and Others), By End User (Automotive, Aerospace and Defense, Healthcare, Architecture and Construction, Consumer Products, Education, and Others), and Regional Forecast, 2025-2032”.  

Increased digitization and rapid integration of innovative technologies, such as smart factories, machine learning, Industry 4.0, and robotics, are boosting the demand for online 3D printing in simulation applications. Technologically proficient startups and well-known companies are renovating and creating novel technologies. There is an increase in software enhancements in the 3D industry to simplify processes. Rapid innovations in hardware have contributed to faster and more dependable 3D printers for manufacturing applications.

The COVID-19 pandemic had a detrimental effect on the market due to supply chain interruptions among industrial centers and manufacturing industries.

Generative AI Promotes Mass Customization Among Products to Accomplish the Particular Needs of Customers

Generative AI supports improved design procedures and assists in enhancing manufacturing ability, thus revolutionizing the 3D printing method. Integrated gen-AI technology with printing tools accelerates the speed of the design method by 25%. It also promotes mass customization among products to accomplish the particular needs of customers.

Growing Focus on Partnerships by Top Players to Foster Market Growth

In April 2024, MatterHackers procured a U.S.-based 3D printing product supplier, Source Graphics. They teamed up with Formlabs to make innovations in their recently introduced projects, deploying stereolithography (SLA) and selective laser sintering (SLS) technologies and offering them to customers of the manufacturing industries.

Increase in Government and Tech Giant Investments in 3D Printing Technology to Augment Market Growth

Several countries globally are witnessing huge digital disruptions in innovative manufacturing technologies. There is an increased adoption of 3D technology in the U.S. Tech software professionals, including Microsoft, Autodesk, and HP, have introduced products for additive and 3D printing manufacturing. India emphasizes this technology to boost its share in the global industrial landscape. Korea has formed an independent plan for the R&D of this technology and offers national assistance to perform it. The U.K. government has created an independent 3D technology program. Germany is set to outline new technology approaches as it has a renowned Industry 4.0 infrastructure. 3D print technology is making strides in different production techniques and will continue to be utilized as a prototype to boost product enhancements, and will become more viable for end-use requests. All these factors are propelling the 3D printing market growth.

On the other hand, substantial initial investments are hindering market growth.

Key Companies Increase Their Product Offerings to Meet Rising Product Demand

Major players execute different business tactics, including partnerships, mergers, and acquisitions, to boost their businesses globally. Leading companies are focusing on the expansion of product offerings to meet the rising requirements for more automated technology-driven printing solutions.

Notable Industry Development:

• January 2024: AFMG partnered with 3D Marc to revolutionize the 3D printing industry. Through this alliance, the 3D Marc integrates with AMFG’s Instant Quote Tool to improve its additive manufacturing (AM) processes. With this, 3D Marc is all set to enhance the performance of internal procedures and offer a better customer experience.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/industry-reports/3d-printing-market-101902

List of the Companies Profiled in the Report:

• The ExOne Company (Germany)


• 3D Systems Corporation (U.S.)


• voxeljet AG (Germany)


• Materialise NV (Belgium)


• Redwire Corporation (U.S.)


• Envisiontec, Inc. (Germany)


• Stratasys Ltd. (U.S.)


• HP, Inc. (U.S.)


• General Electric Company (GE Additive) (U.S.)


• Autodesk Inc. (U.S.)


• Canon, Inc. (Japan)


• Desktop metal Inc. (U.S.)


• SLM Solutions (Germany)


• Renishaw plc. (U.K.)


• EOS GmbH (Germany)


• Made in Space, Inc. (U.S.)


• Formlabs (U.S.)


• Imaginarium (India)


• Solo Lattices Company Ltd. (Ireland)


• Protolabs (U.S.)

Further Report Findings-

• North America held the 3D printing market share due to an increase in spending on innovative production technologies by Canada and the U.S. Surging adoption of additive manufacturing tools is making the U.S. a leading country in the region.


• The Asia Pacific market is predicted to register the highest CAGR in the coming years due to the growing focus on the development of a sustainable printing environment. With enormous government funding for the industry, China takes the lead in the adoption of this technology in Asia Pacific.


• By printing type, the desktop 3D printer segment is expected to rise with the highest CAGR over the projected period, owing to increased usage of these printers among small and medium-sized companies to improve operational efficiency.


• Based on material type, the polymer is set to rise at the highest growth rate during the forecast period due to the rising demand for lightweight and small-sized desktop 3D printers in several industries.

Table of Segmentation