3D Printing

The global additive manufacturing market is expected to rise from its initial estimated value of USD 3.99 billion in 2018 to an estimated value of USD 11.56 billion by 2026 registering a CAGR of 14.20% in the forecast period of 2019-2026.
The 3D printing industry is poised for a period of strong growth, with valuation expected to hit USD 34.8 billion by 2024, owing in part to the development of new industrial-grade 3D printing materials.
Although all signs point to a period of readjustment in the 3D printing market, there remains enormous potential for growth over the next decade; IDTechEx forecasts that the global market for 3D printing equipment, materials, software and services will be worth $31bn by 2029.
The global additive manufacturing and materials market was valued at USD 8.42 billion in 2017, and is expected to reach a value of USD 35.10 billion by 2023, at a CAGR of 26.86%, during the forecast period (2018-2023).
The global 3D printing market is expected to grow in future due to rapid urbanization, increasing number of 3D printer manufacturers, growing sales of 3D inkjet printheads, increasing number of FDA approved medical products and rising disposable income.
The global 3D printing market was valued at USD 8.312 billion in 2017, and is expected to reach a value of USD 35.36 billion by 2023, at a CAGR of 27.29% over the forecast period (2018-2023).
Rising demand for products manufactured with the help of 3D printing technology from various industries will enhance the growth of the market for rapid prototyping material in the next few years.
The Asia Pacific 3D printing medical device market, which was valued at around USD 177 million in the year 2017 is anticipated to attain an absolute $ opportunity of around USD 600 million during the assessment period by growing at the highest CAGR of around 19% during the forecast period.
By 2026, the additive manufacturing industry is expected to expand to a massive $51 billion dollars thanks to its annual growth rate of about 24-26% each year.
Global 3D Printing market is estimated to be USD 9.2 billion in 2018 and it is expected to reach more than USD 35.6 billion by 2025, likely to grow at a CAGR of 19.7% during the forecast period.
The Worldwide 3D Printing Market in Aerospace and Consumer Electronics is expected to grow at a CAGR of 28.2% during the period 2016-2022 to reach an aggregate of $11,140 million by 2022.
Global 3D printing market size is expected to reach around US$ 44 billion by 2025, recording an annual compound rate of above 20% during the forecast period of 2020-2025.
The global 4D printing market is estimated to grow at a CAGR superior to 33.2% from 2020 to 2025, due to its rising demand on defense, aerospace and healthcare industries, mainly.
The global 3D Printing in Oil & Gas market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 0.1% in the forecast period of 2020 to 2025 and will expected to reach USD 32870 million by 2025, from USD 32770 million in 2019.
Industry is leading the development of 3D printing, with the global 3D printing market rising from USD 5.8 billion in 2016 to USD 55.8 billion by 2027.
The worldwide market for Aerospace 3D Printing is expected to grow at a CAGR of roughly 36.5% over the next five years, will reach USD 6240 million in 2024, from USD 960 million in 2019.
The use of 3D printing is one of the latest trends in veterinary orthopaedic implants market and will contribute to the growth of the market.
The global market for 3D printing is expected to reach US$ 120 billion by 2020 and about US$ 300 billion by 2025, driven by research and product development activities and the increasing need for more creativity in the design process.
The 3D printing market was valued at USD 13.7 billion in 2019 and is expected to reach a value of USD 63.46 billion by 2025, at a CAGR of 29.48% over the forecast period 2020-2025.
North America is expected to dominate the market in the coming years, due to the increasing applicability of 3D printing technology in various industries.
Worldwide spending for all 3D printing products and services will hit $15.8 billion in 2020 and continue to accelerate, reaching $23.9 billion in 2022 and $35.6 billion by 2024.
3D Printing Metal Market is expected to grow from about USD 160 Million in 2015 to cross USD 800 Million by the end of 2022, growing at a CAGR of 32% in the forecasted period.
The global 3D printing market size is slated to reach USD 51.77 billion by 2026, surging at a CAGR of 25.8% during the forecast period.

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Last updated: 09 August 2020