Contact Us

Global Selective Laser Sintering Market Trends 2025, Forecast To 2034

4 Mar, 2025

How Has the Selective Laser Sintering Market Size Evolved in Recent Years?

The selective laser sintering market has seen considerable growth due to a variety of factors.
•In the past few years, there has been a dramatic expansion in the size of the selective laser sintering market. Projections suggest that it will increase from $2.85 billion in 2024 to $3.46 billion in 2025, with a compound annual growth rate (CAGR) of 21.2%.
Factors contributing to this growth during the historical period include the global expansion of retail chains, efforts towards loss prevention, labor cost reduction, improved efficiency and speed, an emphasis on customer experience, and reduced checkout errors.

What are the Market Size and Expected Growth Rates for the Selective Laser Sintering Market?

The selective laser sintering market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for selective laser sintering is forecasted to experience a substantial surge in the coming years, reaching "$7.56 billion in 2029 with a compound annual growth rate (CAGR) of 21.6%.
This anticipated growth in the forecast period is linked to elements such as hybrid checkout solutions, omnichannel retailing, development in emerging markets, environmental durability, and personalization to meet retailer requirements. Noteworthy trends expected within the forecast timeframe include remote support and supervision, harmonization with mobile technologies, contactless and cashless dealings, data analysis for consumer understanding, and amalgamation with loyalty schemes.

What Are The Essential Drivers Behind The Growth Of The Selective Laser Sintering Market?

The selective laser sintering market is anticipated to surge owing to the growing demand for consumer electronics. Personal electronic devices like smartphones, tablets, laptops, television sets, gaming consoles, and wearable devices fall under consumer electronics. The production process of these devices, including smartphones, laptops, and wearables, employs selective laser sintering. Consequently, the increasing consumption of consumer electronics catalyzes the demand for the selective laser sintering market. As an example, Canalys, a global technology company based in Singapore, reported that North America's smartphone shipments reached 39.0 million units in May 2022, marking a 3.7% increase year on year. In addition, the first quarter of 2022 saw Apple recording a 19% growth and securing a robust market share of 51%. With a modest growth of 1%, Samsung took away a 27% market share, while both TCL and Google claimed a 4% and 3% market share, respectively. Hence, the escalating demand for consumer electronics propels the growth of the selective laser sintering market.

How Is The Global Selective Laser Sintering Market Divided Into Key Segments?

The selective laser sintering market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Laser Type: Solid Laser, Gas Laser
3) By Material: Metal, Plastic
4) By Application: Automotive, Aerospace and Defense, Healthcare, Electronics, Other Applications Subsegments:
1) By Hardware: 3D Printers, Laser Systems, Powder Handling Systems
2) By Software: Design Software, Slicing Software, Monitoring Software
3) By Services: Printing Services, Maintenance And Support Services, Consulting Services

Pre-Book The Selective Laser Sintering Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:

What Trends Are Reshaping The Future Of The Selective Laser Sintering Market?

The rise in 3D printing technologies is becoming a defining trend in the selective laser sintering market. In order to maintain their market standing, companies in this domain are introducing 3D printers enhanced with cutting-edge technology. Take for example, Wipro 3D, an Indian firm specializing in 3D printing of functional components and technology manufacturing, unveiled the Wipro 3D F300-2 printer in November 2022. Operating on Fused Filament Fabrication (FFF) technology, this printer offers superior 3D printing capabilities along with innovative features like a magnetic print bed, auto platform levelling, dual filtration, and a self-cleaning nozzle. Empowered by IOT, its dual nozzle permits controlling and tracking of functionalities over the internet via smartphones, tablets, and computers.

Who Are the Key Players in the Selective Laser Sintering Market?

Major companies operating in the selective laser sintering market include:
• 3D Systems Inc.
• EOS GmbH Electro Optical Systems
• Sinterit sp. z o.o
• Farsoon Technologies
• Sintratec AG
• Renishaw plc
• Ricoh Company Ltd.
• Prodways Group SA
• Sharebot S.R.L.
• Z Rapid Tech
• General Electric Company
• Materialize NV
• Beijing Long Yuan Automated Fabrication System Co. Ltd.
• Wuhan Binhu Mechanical & Electrical Co. Ltd.
• XYZprinting Inc.
• Ultimaker BV
• Sisma S.p.A.
• Trumpf GmbH + Co. KG
• HP Inc.
• Shining 3D
• voxeljet AG
• UnionTech
• Carbon Inc.
• Nanoscribe GmbH
• Xact Metal Inc.

What are the Regional Insights into the Selective Laser Sintering Market?

North America was the largest region in the selective laser sintering market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global selective laser sintering market during the forecast period. The regions covered in the selective laser sintering market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa