The global 3D printer market size is expected to grow from $11.10 billion in 2021 to $13.28 billion in 2022 at a compound annual growth rate (CAGR) of 19.7%. The global 3D printer market is expected to grow to $23.88 billion in 2026 at a CAGR of 15.8%.
What is the Global 3D Printer Market?
The 3D printer manufacturing market consists of sales of 3D printers that are used in automotive, healthcare, industrial, consumer electronics, aerospace, and defense industries. 3D printing is the method of creating three-dimensional objects by transferring consecutive material layers through a 3D printer.
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What drives the Global 3D Printer Market?
The growth in the use of 3D printed products in the automotive industry is a key factor driving the growth of the 3D printer manufacturing market. The manufacture of lightweight vehicle components is possible with the aid of 3D printing that reduces vehicle weight, boosts car performance, and increases fuel economy, and greater productivity can be achieved in injection molding equipment manufacturing using 3D printing technology. For instance, in 2019, General Motors collaborated with Autodesk to produce 3D printed lower cost and lighter vehicle parts. Therefore, the growth in demand for 3D printed products in the automotive industry drives the demand for manufacturing 3D printers and contributes to the growth of the 3D printer manufacturing market.
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Global 3D Printer Market Segments
The global 3D printer market is segmented:
By Printer Type: Desktop 3D Printer, Industrial 3D Printer
By Technology: Stereolithography (SLA), Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Direct Metal Laser Sintering (DMLS), PolyJet/MultiJet Printing (MJP), Inkjet Printing, Electron Beam Melting (EBM), Laser Metal Deposition (LMD), Direct Light Projection (DLP), Others
By End-Use Industry: Automotive, Aerospace and Defense, Healthcare, Food, Construction and Architecture, Others
By Geography: The regions covered in the 3D printer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
3D Printer Global Market Report 2022provides market size and growth forecasts for the global 3D printer market, global 3D printer market share, 3D printer market segments and geographies, 3D printer market competitive landscape including leading competitors’ revenues, profiles and market shares. The 3D printer market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global 3D Printer Industry Playersinclude Stratasys, GE Additive, SLM Solutions, Voxeljet, Arcam AB, Hoganas AB, Groupe Gorgé, Renishaw PLC, Markforged Inc, and Made In Space. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
