3D printing has undergone significant advancements in recent years, with many businesses utilizing 3D printers and new consumers continuously entering the market.
3D printing enables individuals to transform their digital designs into physical objects. For instance, one can design a custom phone case on a computer and then print it using a 3D printer. By using materials like plastic or metal, the printer constructs the casing layer by layer, resulting in a unique and valuable final product.
Many organizations make use of 3D printing software to translate their designs into a format that a 3D printer can comprehend.
Top 3D printing statistics
- The global 3D printing market size was valued at $20.37 billion in 2023.
- 82% of people state that 3D printing has helped them save significant costs.
- By 2027, the market for small industrial metal printers is projected to reach $1 billion.
- 3D printing revenue has grown at a CAGR of 17.2% to an estimated $4.3 billion, with an expected 19.8% growth in 2024.
- Exports constitute approximately 90% of sales for China’s 3D printer manufacturers, totaling around 2.032 million units.
To delve deeper into these statistics and explore the future of the 3D market, let’s further examine these insights.
General 3D printing statistics
The evolution of 3D printing has made significant strides in its relatively short history. With its ability to offer customization, efficiency, and intricate designs, 3D printing is poised to revolutionize businesses and empower individuals to bring their ideas to life.
Explore the top 3D printing statistics showcasing the technology’s increasing significance.
- North America held the largest share of the global market, with a portion exceeding 30% in 2022.
- The United States stood as the largest single market, with $3.1 billion or 22%.
- 52% of all 3D printing enterprises are situated in Europe.
- 33% identify budget constraints as the primary impediment to 3D printing adoption.
- The estimated market size for 3D printing in the UK is £468 million, making it the second-largest market in Europe and the fifth-largest globally.
- By 2030, the global market is forecasted to grow by 20.8% annually, potentially reaching a value of $62.76 billion (£48.88 billion).
- The UK 3D printing market is expected to reach £685 million by 2026, growing at a CAGR of around 10%.
- 22% leverage 3D printing to reduce manufacturing waste, while 38% anticipate enhancements in sustainability and recyclability efforts in the next 3-5 years.
$6.6 billion
is the projected global 3D printing materials market valuation in 2033.
Source: Future Market Insights
- 61% of 3D printer users express their desire to increase investments in the technology, while only 36% aim to maintain their current level.
- Customers spend over £8,000 annually on 3D printing, with 23% investing close to £80,000.
- Cost remains the primary barrier preventing consumers from utilizing 3D printing more frequently, as cited by 55% of respondents.
- German suppliers account for 62% of all PBF metal additive manufacturing (AM) systems installed globally.
- Between 2022 and 2027, the global 3D printer market is anticipated to expand by $25 million at a CAGR of 23.49%.
3D printing market statistics
The intricate nature of the 3D printing market poses challenges in analyzing trends within this industry. The market is divided into three primary segments: hardware, software, and services, with hardware encompassing the actual machines or printers.
Let’s delve into 3D printing market trend statistics to gain insights into its global evolution.
- Over 75% of American patients with skull damage from disease or trauma received their implants from Oxford Performance Materials’ 3D printer, as reported by the company.
- In 2022, North America was projected to contribute 34% to the growth of the global 3D printing market.
- 49% of respondents in a 2022 survey indicated using 3D printing for manufacturing runs involving more than 10 items.
- The additive manufacturing (AM) market is set to witness rapid growth, doubling in size to reach a value of $37.2 billion by 2026, according to HUBS trend analysis.
23%
is the projected compound annual growth rate (CAGR) of the 3D printing market.
Source: IndustryArc
- Hardware commands the largest share, accounting for over 63% of the market when segmented into software, hardware, and services.
- The functional components market is poised for rapid growth in 3D printing applications, with a CAGR of 21.5% by 2028.
- Metal dominates a significant portion of the 3D printing materials market, contributing over 48% of global revenue.
- Despite its relative novelty, the ceramics market was projected to expand at a CAGR of 23.3% in 2022.
- By 2026, the market for CAD software and on-demand parts services is expected to triple in size.
- Industrial printers account for a significant portion of the 3D printing market’s printer types, representing over 76% of global sales.
3D printing industry statistics
3D printers find applications across various industries worldwide, with users categorized into desktop and industrial segments. Industrial users operate large machinery for high-volume production, while desktop users work in smaller workshops, educational institutions, and healthcare facilities.
Let’s explore 3D printing industry statistics to understand how the manufacturing sectors are poised for a promising future.
- The manufacturing industry increasingly relies on 3D printing for diverse applications, ranging from specialized car parts and spaceship engines to healthcare-related face shields and masks.
- The North American 3D printing market is forecasted to reach USD 16.59 Billion by 2032.
- Analysts predict the 3D printing market to grow between 18% and 27% annually, indicating rapid expansion.
- Nearly a million (993K) entry-level 3D printers were shipped globally in Q4 2023.
- The most profitable manufacturers of 3D printers include AutoDesk, HP Inc., 3D Systems, Desktop Metal, and Proto Labs.
AutoDesk’s market value exceeds $68.2 billion.
The Rise of 3D Printing in Various Sectors
3D printing has gained widespread attention in the tech industry for its ability to revolutionize the way we manufacture products. In the past, constructing a house would take a considerable amount of time, but with 3D printing, this process can now be completed in a fraction of the time.
Industries such as aviation, automotive, construction, medical, and even the food industry are actively exploring the possibilities offered by 3D printing technology. By leveraging this innovative approach, companies can enhance their products and optimize their manufacturing processes.
Driving Innovation and Transformation
The potential of 3D printing to transform industries and drive innovation is truly remarkable. As manufacturers continue to embrace this technology, we can expect to see a significant increase in its use across various sectors, ultimately leading to business growth and development.
Discover the Educational Benefits of 3D Printing
Interested in learning more about how 3D printing is shaping the field of education? Check out this resource to explore the exciting opportunities that 3D printing brings to the educational landscape.
Frequently Asked Questions About 3D Printing
1. How does 3D printing work?
3D printing involves creating a three-dimensional object by layering material based on a digital design. This additive manufacturing process allows for precise and customizable production.
2. What materials can be used in 3D printing?
A wide range of materials can be used in 3D printing, including plastics, metals, ceramics, and even food items. The choice of material depends on the specific requirements of the printed object.
3. Is 3D printing cost-effective for businesses?
While the initial investment in 3D printing technology can be significant, the long-term cost savings and production efficiencies it offers make it a cost-effective solution for many businesses.
4. Are there any limitations to 3D printing technology?
Some limitations of 3D printing include size constraints, material restrictions, and the need for specialized skills to operate the technology effectively. However, ongoing advancements are continuously expanding the capabilities of 3D printing.
5. How is 3D printing impacting sustainability efforts?
3D printing has the potential to reduce waste by enabling on-demand production and optimizing material usage. This sustainability benefit makes 3D printing an attractive option for environmentally conscious businesses.