Global Powder Bed Fusion ThreeDimensional 3D Printing Technology Share Analysis 2025, Forecast To 2034
26 Mar, 2025
What Has Been the Progress and Growth of the Powder Bed Fusion ThreeDimensional 3D Printing Technology Market in Recent Years?
The powder bed fusion threedimensional 3d printing technology market has seen considerable growth due to a variety of factors.
• The market size for powder bed fusion (PBF) three-dimensional (3D) printing technology has seen swift expansion in recent years. Expected to rise from $2.57 billion in 2024 to $3.07 billion in 2025, it predicts a compound annual growth rate (CAGR) of 19.4%.
Factors contributing to this historic growth include an enhanced inclination towards additive manufacturing (AM), a higher demand for customised and innovative solutions, a growing number of providers, escalating demand from the medical industry, and an increased adoption of PBF technology.
How Does the Forecast Look for the Powder Bed Fusion ThreeDimensional 3D Printing Technology Market?
The powder bed fusion threedimensional 3d printing technology market is expected to maintain its strong growth trajectory in upcoming years.
• Over the next few years, the market size of powder bed fusion (PBF) three-dimensional (3D) printing technology is anticipated to witness rapid expansion, reaching $6.16 billion by 2029, with an impressive CAGR of 19.1%.
This predicted growth can be associated with increased investment in defense and aerospace sectors, higher accessibility of PBF machines, surging demand for intricately designed medical devices, and an expanded use in aerospace and automobile sectors. Significant trends forecasted for this period range from enhancements in the speed and precision of metal PBF printing, the implementation of multiple lasers, and real-time process monitoring, to the integration of hybrid manufacturing and development of new alloys and high-performance polymers.
What Are The Leading Drivers Of Growth In The Powder Bed Fusion ThreeDimensional 3D Printing Technology Market?
The expansion of the aerospace and defense industry is set to spur the progress of the powder bed fusion (PBF) 3D printing technology market. The sector encompasses the creation, production, and upkeep of aircraft and spacecraft, as well as military systems, and technologies necessary for space explorations, national security and aviation. The industry's growth is spurred on by increased defense budgets, progress in fuel-efficient technologies, and the demand for advanced military and commercial aircraft. PBF 3D printing technology, which excels in fabricating lightweight, high-strength, and intricate parts that can pose a challenge to traditional methods, has found extensive application in the aerospace and defense industry. Such technology improves efficiency, performance, and environmental sustainability in aerospace and defense manufacturing. For example, a significant landmark was reached by the U.S. aerospace and defense industry in September 2024, with sales surpassing $955 billion in 2023, indicating a growth of 7.1% compared to 2022 as per the Aerospace Industries Association (AIA), a U.S.-based aerospace and defense company. Hence, the expansion of this industry is the driving force for PBF 3D printing technology market growth.
How Are The Segments Defined Within The Global Powder Bed Fusion ThreeDimensional 3D Printing Technology Market?
The powder bed fusion three-dimensional (3D) printing technology market covered in this report is segmented –
1) By Component: Hardware, Software, Services, Material
2) By Technology: Multi Jet Fusion, Selective Laser Sintering, Direct Metal Laser Sintering Or Selective Laser Melting, Electron Beam Melting
3) By End-User: Healthcare, Automotive, Aerospace And Defense, Other End-Users
Subsegments:
1) By Hardware: 3D Printers, Scanners, Laser Systems
2) By Software: CAD Software, Slicing Software, Simulation Software
3) By Services: 3D Printing Services, Post-Processing Services, Design And Prototyping Services
4) By Material: Metal Powders, Plastic Powders, Ceramic Powders, Other Specialized Powders
How Are New Trends Impacting The Size Of The Powder Bed Fusion ThreeDimensional 3D Printing Technology Market?
Major companies operating in the powder bed fusion (PBF) 3D printing technology market are focusing on developing advanced products, such as selective laser sintering (SLS) printers, to meet the growing demand for high-performance 3D-printed components. A selective laser sintering (SLS) printer is a 3D printer that uses a high-powered laser to fuse powdered materials layer by layer. The laser precisely heats specific areas based on a digital design, bonding the powder to form solid structures. For instance, in November 2024, EOS GmbH, a Germany-based provider of 3D printing solutions, launched the P3 NEXT 3D printer. This new printer promises up to 50% increased productivity and a 30% reduction in total cost of ownership compared to its predecessor, the EOS P 396. With a compact design and enhanced features such as improved scanning algorithms and material efficiency, the P3 NEXT supports various industries, including medical and aerospace, by enabling large-scale production runs while maintaining high quality and sustainability standards. EOS emphasizes that growth in additive manufacturing will stem from innovative production applications like those facilitated by the P3 NEXT.
Who Are the Key Players In The Powder Bed Fusion ThreeDimensional 3D Printing Technology Market?
Major companies operating in the powder bed fusion three-dimensional (3D) printing technology market are:
• HP Inc.
• Dyndrite Corporation
• TRUMPF GmbH + Co. KG
• Renishaw plc
• Stratasys Ltd.
• 3D Systems Inc.
• Protolabs Inc.
• Indo-MIM Pvt. Ltd.
• Xometry Inc.
• Formlabs Inc.
• Materialise
• Velo3D Inc.
• ExOne Company
• Shining 3D Technology Co. Ltd.
• Concurrent Technologies Corporation
• Farsoon Technologies
• Eplus3D Tech GmbH
• ONA Electroerosión S.A.
• EOS GmbH
• Aconity 3D GmbH
• SamyLabs
What Is The Most Dominant Region In The Powder Bed Fusion ThreeDimensional 3D Printing Technology Market?
North America was the largest region in the powder bed fusion three-dimensional (3D) printing technology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the powder bed fusion three-dimensional (3D) printing technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.