What Fueled The Previous Growth In The Three Dimensional 3D Technology Market?
The three dimensional 3d technology market has seen considerable growth due to a variety of factors.
• The market size for three-dimensional (3D) technology has seen a rapid expansion in recent times. Its growth is projected to surge from $318.85 billion in 2024 to $371.3 billion in 2025, recording a compound annual growth rate (CAGR) of 16.4%.
The significant growth during the historical period can be credited to the broad utilization of 3D technology in areas like design and prototyping in the automotive industry, improved gaming experiences, the surge in virtual reality (VR) and augmented reality (AR) needs, architectural illustration, and an increase in entertainment and consumer electronics.
How Does the Forecast Look for the Three Dimensional 3D Technology Market?
The three dimensional 3d technology market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the three-dimensional (3D) technology market size is anticipated to undergo swift expansion. The market is projected to expand to $676.8 billion by 2029, with a compound annual growth rate (CAGR) of 16.2%.
The significant growth during the forecasted period can be ascribed to the increasing utilization of 3D technology in various fields such as medical imaging, surgical procedures, custom implants, automobile design and prototyping, and the burgeoning entertainment industry. Moreover, the acceleration in product development, continuous advancements like continuous liquid interface production (CLIP), contribute to the market growth. Other influencing factors in the forecast period include technological advancements, shifting consumer preferences worldwide, integration of e-commerce, 3D printing materials evolution and technological convergence.
What Are The Leading Drivers Of Growth In The Three Dimensional 3D Technology Market?
The growth of the entertainment sector is predicted to fuel the expansion of the 3D technology market. The entertainment industry encompasses various sub-sectors dedicated to delivering entertainment, such as theater, cinema, fine art, dance, opera, music, literature, television, and radio. 3D technology boosts the audience's experience by adding depth and authenticity, making films, TV series, and games richer. This technology generates a perception of depth, enabling viewers to experience the action first-hand. For example, Ontario Creates, a US-based government organization, reported in December 2022 that domestic film and television production remained robust in 2022, contributing $1.20 billion, a 25% increase from the previous year. Consequently, the growth of the entertainment sector is propelling the expansion of the 3D technology market.
How Are The Segments Defined Within The Global Three Dimensional 3D Technology Market?
The three-dimensional (3D) technology market covered in this report is segmented –
1) By Product: 3D Camera, 3D Scanner, 3D Printer, 3D Imaging Designing, 3D Display Technology
2) By Application: Production Parts, Prototypes, Tools And Fixtures
3) By End-User Industries: Healthcare, Entertainment And Media, Education, Other End-User Industries
Subsegments:
1) By 3D Camera: Consumer 3D Cameras, Professional 3D Cameras, Industrial 3D Cameras
2) By 3D Scanner: Laser 3D Scanners, Structured Light Scanners, Handheld 3D Scanners
3) By 3D Printer: Fused Deposition Modeling (FDM) Printers, Stereolithography (SLA) Printers, Selective Laser Sintering (SLS) Printers
4) By 3D Imaging Designing: Software For 3D Modeling, Animation Software, Rendering Software
5) By 3D Display Technology: Autostereoscopic Displays, Virtual Reality (VR) Displays, Augmented Reality (AR) Displays
Pre-Book The Three Dimensional 3D Technology Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
How Are New Trends Impacting The Size Of The Three Dimensional 3D Technology Market?
Leading corporations in the 3D technology market, such as Hewlett-Packard Development Company, are rolling out innovative and technology-driven products like the Metal Jet S100 Solution. It aims to spur innovation, increase efficiency and augment product personalization. This particular 3D printing technology utilizes a method known as binder jetting, where metal powder layers are selectively layered and joined using a bonding agent. By way of example, in September 2022, the American-based technology company Hewlett-Packard Development Company introduced the Metal Jet S100 Solution. It is an industrial metal 3D printing solution driven by digital technology and designated for the bulk production of superior quality complex metal 3D items. Known for its fast speed, high precision and capability to manufacture complex shapes, this solution is perfect for an array of industrial contexts. The unique characteristics of the Metal Jet S100 Solution make it a flexible and effective choice for the production of high-quality metal pieces with intricate designs and strict tolerances.
Who Are the Key Players In The Three Dimensional 3D Technology Market?
Major companies operating in the three-dimensional (3D) technology market are:
• BASF SE
• Hewlett-Packard Development Company LP
• Dassault Systèmes SE
• Autodesk Inc.
• EOS GmbH
• Stratasys Ltd.
• Siemens AG
• Renishaw plc
• 3D Systems Corporation
• Proto Labs Inc.
• Materialise NV
• Desktop Metal Inc.
• Carbon Inc.
• SLM Solutions Group AG
• Markforged Inc.
• Formlabs Inc.
• Arcam AB
• EnvisionTEC Inc.
• Nano Dimension Ltd.
• Shapeways Inc.
• Voxeljet AG
• Optomec Inc.
• ExOne Co.
• XYZprinting Inc.
• Mcor Technologies Ltd.
What Is The Most Dominant Region In The Three Dimensional 3D Technology Market?
North America was the largest region in the three-dimensional (3D) technology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the three-dimensional (3D) technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
