3D Printing Market Scope and Key Players - 2031
3D Printing Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 23.06 Billion |
Market Size by 2031 | US$ 102.38 Billion |
Global CAGR (2025 - 2031) | 23.7% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Technology
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
3D Printing Market News and Recent Developments
The 3D printing market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the 3D printing market are listed below:
- Massivit 3D Printing Technologies (TASE: MSVT), a leading provider of industrial 3D printing systems, announced the launch of the new Massivit 3000 large-format 3D printer. The printer will be unveiled at the prestigious Drupa tradeshow – the largest international printing industry exhibition that will take place in Dusseldorf, Germany, from May 28th to June 7th, 2024. The launch of the Massivit 3000 brings to market a more affordable 3D-printing solution for businesses seeking to leverage high-speed, large-format production capabilities without putting a strain on their finances. The new printer enables a wide range of companies to increase their profit margins and gain a competitive edge by expanding their creative output. (Source: Massivit, Press Release, May 2024)
- The Indian Space Research Organisation, ISRO, successfully tested the new liquid rocket engine manufactured through Additive Manufacturing technology. The test was successfully carried out on May 9th at ISRO Propulsion Complex in Mahendragiri in Tamilnadu. This newly redesigned PS4 engine has brought down the number of parts from 14 to a single piece and eliminated 19 weld joints. This will significantly save on the raw material usage per engine, reduce metal powder from 565 kgs to 13.7 kgs and reduce the production time by 60 percent. Additive Manufacturing technology means 3D printing of PS4 engines. The Private partner Wipro 3D joined hands with ISRO to successfully carry out the hot testing of the 3D-printed PS4 engine. This will usher in a new era of advanced 3D manufacturing techniques for India’s space program. (Source: Panasonic, Press Release, May 2024)
3D Printing Market Report Coverage and Deliverables
The “3D Printing Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- 3D printing market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- 3D printing market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- 3D printing market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the 3D printing market
- Detailed company profiles