The global industrial
3D printing market is foreseen to grow by 21.8%, from USD 2.74 Billion in 2021
to USD 13.27 Billion in 2029. Increased focus on high-volume production using
3D printing, advancements in 3D printing software, growing demand for 3D
printing services, development of advanced 3D printing materials is to drive
the market for the upcoming forecast period. However, high set up and
operational costs for utility suppliers to switch from traditional to industrial
3D printing, halted smart grid and smart city projects due to COVID-19 pandemic
remains one factor hindering the market growth over the anticipated period.
What is Industrial 3D
Industrial 3D printing is a manufacturing method for the
creation of a physical product from a computer-aided design (CAD) digital file.
Thin layers of material are deposited incrementally until the object is
industrial 3D printing market search study helps to thoroughly
understand the current trend in the market competitive analysis of the players
in the emerging market. Moreover, the DRO in the Industrial 3D printing market
offers valuable perspicuity and a current scenario for making the right decision.
The research study covers the eminent players in the market with a detailed
analysis of the company and a financial overview containing their net sales,
business mix and geographical reach It mainly focuses on the key developments
of the products/services offered by the company in recent years. Besides, we at
Zettabyte have the expertise to analyses the global Industrial 3D printing
market player's competitive landscape helping the client comprehend their
specific strategic growth approaches.
printing market study by "Zettabyte Analytics" offers details about
the market scope, market segmentation, technological advancement in the industrial
3D printing market and highlights the optimistic, competitive landscape and
trends enduring over the years.
Major players in
the industrial 3D printing market include 3D Systems, Beijing Tiertime
Technology, Carbon, Covestro, Desktop Metal, Envisiontec, Eos, Evolve Additive
Solutions, Exone, Ge Additive, Groupe Gorgé, Höganäs, Hp, Markforged,
Materialise, Nano Dimension, Optomec, Protolabs, Renishaw, Sculpteo, Slm
Solutions, Stratasys, Ultimaker, Voxeljet, Xyzprinting.
COVID-19 Impact on Global Industrial
3D Printing Market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. the impact of COVID-19 on the Industrial 3D printing
market has forced the companies to change their sourcing, pricing, and
promotion strategies. the Industrial 3D printing market players are seen focusing
more on optimizing the e-commerce networks with the rising innovations in the
digital sector, which are creating new business models for the semiconductor
& electronics industry player.
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). the market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
dynamics, regulatory scenarios, major material dynamics and Industrial 3D
printing market future markets are analyzed to understand their impact on demand
for the forecast period. growth rates have been estimated using correlation,
regression and time-series analysis.
For the purpose
of this report, the global Industrial 3D printing market segmented on the basis
of offering type, process, technology, application, industry, and region:
Offering Type Outlook:
On the basis of
offering type, the market is segmented into printers, materials, software,
services. Further, materials is segmented into plastics, metal, ceramic, other
materials. Further, software is segmented into design software, inspection
software, printing software, scanning software. Further, services is segmented
into manufacturing services, consulting services.
On the basis of
process, the market is segmented into binder jetting, direct energy deposition,
material extrusion, material jetting, powder bed fusion, sheet lamination, vat
Figure 1 Industrial 3D Printing Market By Process
(Market Size And Forecast By Value - USD Million, 2021 & 2029)