The 3D Printing Market is to Touch $118 Billion by 2030; additive manufacturing innovations and increasing demand for customized products propels market growth.

The 3D Printing Market size is estimated to reach $118 billion by 2030, growing at a CAGR of 20.5% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “3D Printing Market – By Hardware (Printers (Industrial, Consumer), Scanners, Materials (Polymers (Thermoplastics ((Polylactic Acid (PLA), Acrylonitrile Butadiene Styrene (ABS), Polyvinyl Alcohol (PVA ), Polyamide, Polypropylene, Others)), Photopolymers), Metals and Alloys (Steel, Titanium, Silver, Gold, Nickel, Bronze, Aluminum, Copper, Iron, Manganese, Others), Fibers (Carbon, Glass, Kevlar, Others), Ceramics (Quartz, Silica, Glass, Others), Wax, Paper, Wood, Others), Software (Design, Scanning, Inspection, Printing), Services (Parts on Demand, Prototypes, Others), By Form (Filament, Liquid, Powder), By Technology (Stereolithography (SLA), Fuse deposition modeling (FDM), Selective laser sintering (SLS), Inkjet printing, Electron beam melting (EBM), Laser metal deposition (LMD), PolyJet printing, Digital Light Processing (DLP), Others), By Application (Production, Prototyping , Research & Education) By End Use Industry (Consumers (Decorative Items/Art Work (Freeform Art and Sculpture, Jewelry, Collectible Trinkets, Hospitality, Decorative Items, Others), Industrial (Machine Parts, Dies, Molds and Patterns, Others), Automotive (Exterior (Bumpers, Wind Breakers, Body Panels, Others), Interior (Dashboards, Seat Frames, Others)), Engines and Engine Components (Cylinder Heads, Intake Manifolds, Engine Blocks, Others), Transmission Housings (Hubcaps, Tires, Suspension Spring, Others)), Aerospace (Complex Gear Cases and Covers, Fuel Tanks, Transmission Housings, Components Requiring Draft Free Walls, Impellers, Turbine Blades, Lightweight Engine Parts, Structural Hinges, Others), Medical (Surgical Instruments, Implants (Dental (Sub-Periosteal Implants, Endosteal Implants), Orthopedic Implants, Prosthetic Implants, Spinal Rods, Bone Plates, Cranial Implants, Others), Tissue Engineering, Others), Construction (Commercial, Residential, Infrastructure, Industrial), Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Innovations and the adoption of sustainable materials are fueling the growth of the 3D Printing industry during the forecast period.

In 2023, North America led the 3D printing market, driven by strong demand across industries such as aerospace, automotive, and healthcare. The region's advanced manufacturing infrastructure and high investment in research and development contributed significantly to this dominance. The presence of key players like Stratasys and 3D Systems also boosted the region’s leadership in advancements. Additionally, government initiatives supporting additive manufacturing played a crucial role in enhancing adoption rates across various sectors. With robust industrial capabilities and a focus on innovation, North America is expected to maintain its lead, supported by the growing demand for high-performance materials and advanced manufacturing solutions that streamline production processes and reduce lead times. 

Industries such as healthcare and automotive are increasingly turning to 3D printing for the production of customized products. For instance, in healthcare, 3D printing enables the creation of patient-specific prosthetics, implants, and surgical models, leading to better patient outcomes. In the automotive industry, customized parts and prototypes can be developed quickly and efficiently, streamlining the design process. The ability to produce tailored solutions drives greater adoption across various sectors. Moreover, customization adds significant value by reducing time spent on traditional manufacturing processes, enhancing precision, and lowering costs, especially for short-run production. As businesses increasingly recognize the benefits of 3D printing, its role in transforming production methodologies continues to expand.

The continuous development of specialized 3D printing materials such as metals, ceramics, and biodegradable polymers is expanding the range of applications for this technology. These advanced materials facilitate the production of highly durable parts with unique properties, making them suitable for demanding sectors like aerospace, automotive, and healthcare. Furthermore, innovations in biocompatible materials are opening new possibilities in medical applications, including tissue engineering and drug delivery systems. The growing diversity of materials not only enhances performance but also enables manufacturers to meet specific industry requirements, thereby accelerating market growth. As industries seek more efficient manufacturing solutions, the evolution of 3D printing materials plays a crucial role in shaping the future of production across multiple sectors. 

• In September 2024, INTAMSYS launched the FUNMAT PRO 310 NEO 3D printer, designed for industrial applications and small batch production. It features high-speed printing, a heated chamber, and supports eight materials, including flexible options. Its advanced capabilities aim to enhance efficiency and precision across various industries like automotive and electronics.

• In June 2024, Massivit 3D launched the Massivit 3000 at the drupa exhibition. This large-scale 3D printer features high-speed production capabilities for large parts and is designed for the advertising and marketing industries. It enables the creation of point-of-purchase displays, window displays, and billboards efficiently and competitively.

Key companies profiled in the 3D Printing Market are Flashforge 3D Technology Co., Ltd., Hewlett-Packard, 3D Systems, Inc., Stratasys Ltd., SLM Solutions Group AG, ExOne Company LLC., Organovo Holdings, Inc., EOS GmbH, General Electric Company, XYZprinting, Inc. and others.