Market Analysis of 3D Printing Services: Demand, Pricing, and Customer Satisfaction

by James Gunther
Esoteric Testing

The global Three-Dimensional (3D) printing market size reached USD 16.86 Billion in 2021 and is expected to register a revenue CAGR of 21.8% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for 3D printing technology across healthcare and aerospace industriesis driving market revenue growth. Adoption of 3D printing technology across various industries has been increasing due to improved accuracy of end products created using the technology.

Moreover, the automotive sector has embraced 3D printing for rapid prototyping, tooling, and even end-use parts production. With 3D printing, automotive designers and engineers can quickly iterate and test different designs, reducing development time and costs. This technology also enables lightweighting of components, leading to fuel efficiency and improved performance. As the technology advances, it is expected that more automotive manufacturers will integrate 3D printing into their production processes.

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Competitive Terrain:

The global 3D Printing industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

3D Systems, Inc., Stratasys Ltd., GE Additive, EOS, voxeljet AG, SLM Solutions, Optomec Inc., Proto Labs, Ltd., Nano Dimension, and Materialise

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global 3D Printing market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the 3D Printing market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global 3D Printing market.

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Market Segmentations of the 3D Printing Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global 3D Printing market on the basis of product, application, and region:

Segments Covered in this report are:

  • Offering Outlook (Revenue, USD Billion; 2019-2030)

    • Printer
    • Material
    • Software
    • Service
  • Process Outlook (Revenue, USD Billion; 2019-2030)

    • Material Extrusion
    • Material Jetting
    • Powder Bed Fusion
    • Vat Photopolymerization
    • Binder Jetting
    • Sheet Lamination
    • Directed Energy Deposition
  • Application Outlook (Revenue, USD Billion; 2019-2030)

    • Functional Part Manufacturing
    • Prototyping
    • Tooling

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Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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