2024/12/06 14:44:33

3D Printers (Global Market)

Content

3D printing trends
2023
- Global 3D Construction Printer Market Up 30% to $880 Million
- Sales of 3D printers in the world for the year are estimated at $15 billion
2018: Industrial 3D Printer Shipments Jump 27% to Become Market Driver
2016
- HP Inc. Entry into the 3D Printer Market
- Market size of $13.2 billion
2014:34% increase to $3.3 billion, 133 thousand printers sold
See also

Main Article: 3D Printing (Additive Manufacturing)

3D printing trends

2023

Global 3D Construction Printer Market Up 30% to $880 Million

In 2023, costs in the global 3D construction printer market reached $880 million. For comparison, a year earlier, expenses were estimated at $670 million. Thus, growth exceeded 30%, as stated in the Market Research Future review, published in early December 2024.

The industry under consideration is at a stage of rapid development, which is explained by several key factors. One of the main drivers is the increasing demand for faster and more efficient building technologies. Traditional methods often involve long project times and high labor costs. In contrast, 3D printing technology helps reduce both time and cost while improving accuracy.

The ability to minimize waste and reduce environmental impact is of great importance. Construction 3D printers allow the application of environmentally friendly materials and concrete mixtures of the new generation. Additive technologies make it possible to create complex designs with high accuracy. At the same time, the process of erecting complex objects is accelerated and costs are reduced.

Another stimulating factor is the need for affordable housing, which is increasing against the background of urbanization and population growth. 3D printing offers an effective solution, allowing developers to quickly build homes while reducing materials and labor costs. Thus, the introduction of additive installations can partially help in solving the problem of the housing crisis in some regions. Emerging markets are starting to use 3D printing more actively in construction, which opens up new opportunities to expand the industry. The introduction of robotics and automation is also transforming the building landscape, creating an additional need for building 3D printers.

The authors of the study identify four key market segments: housing, commercial construction, infrastructure development and industrial construction. In 2023, the first of these areas accounted for about $300 million. In the commercial real estate sector, costs are estimated at $250 million. Infrastructure development brought $180 million, the construction of industrial facilities - approximately $150 million. Significant players in the industry are named:

Icon;
XtreeE;
Dark Matter;
Peri Group;
MGX Creative;
Construction Robotics;
SQ4D;
Apis Cor;
Sika AG;
BetAbram;
3Dprintuk;
Vertico;
LafargeHolcim;
RoboBuild;
Wolverine 3D.

North America leads geographically with revenue of $340 million. This is followed by Europe with an estimate of $250 million, and the Asia-Pacific region closes the top three with costs of $200 million. In South America, expenses amounted to approximately $60 million, in the Middle East and Africa - about $30 million.

In the construction sector, 3D printing with concrete is in demand primarily due to its wide use in various structures. Plastic printing is also gaining momentum, whereas metal printing plays an important role in areas such as aerospace and automotive, where strength and accuracy are paramount.

At the end of 2024, revenue in the segment of construction 3D printers is estimated at $1.16 billion. Market Research Future analysts believe that in the future, the CAGR will be 30.96%. As a result, costs globally could increase to $10 billion by 2032^[1]

Sales of 3D printers in the world for the year are estimated at $15 billion

At the end of 2023, the global market for 3D printers amounted to approximately $15 billion. For comparison, a year earlier, the figure was $15.7 billion. Thus, the fall was about 5%. This is stated in a study by the analytical company MarketsandMarkets Research, published in March 2024.

Analysts note that the 3D printing market, despite the year-on-year decline, continues to develop. Several factors contribute to this. Among them are the ease of developing product prototypes, as well as reducing production costs and process downtime. In addition, the industry is stimulating government investment in 3D printing projects. Plus, there are new materials for industrial-grade 3D printing.

In 2023, one of the main segments of the 3D printing industry became. health care Appropriate technologies are used to create a number of medical products, such as surgical equipment, prostheses, implants, etc. In addition, 3D printing is used in orthopedic, dental and craniomaxillofacial. to medicine

Analysts at MarketsandMarkets Research believe that the global 3D printing market will reach $34.5 billion in 2028. Thus, the CAGR (compound percentage CAGR) during this period will be 18.1%.

The main players in the 3D printing market are Stratasys (), USA Materialize (), (Belgium USA) 3D Systems , EOS GmbH (), (USA Germany), GE Voxeljet (Germany), (USA), HP SLM Solutions (Germany), CleanGreen3D Limited (), Protolabs Ireland (USA), Optomec (USA), Groupe Gorge (), (), France Renishaw (), Ultimaker Netherlands Beijing Tiertime Britain China (XYZprinting Taiwan USA), Desktop Metal Germany (Dimension Israel Formlabs ^[2]

2018: Industrial 3D Printer Shipments Jump 27% to Become Market Driver

On January 15, 2019, Context, an analytics company, published some 3D printer market research results. The industrial equipment segment showed the highest growth.

In 2018, supplies of industrial printers for volumetric printing jumped 27% - to 5.8 thousand units from 4.6 thousand in 2017. The rise was observed throughout the year, and according to the results of the first three quarters, positive dynamics were measured by 19%.

Supply of personal and professional 3D printers, Context data

In Context, the following classes of 3D printers are categorized:

Industrial - cost from $100 thousand;
Designer - from $20 thousand to $100 thousand.
Professional - from $2.5 thousand to $20 thousand.
Personal/Desktop - less than $2.5 thousand

Despite the mixed dynamics during the first three quarters, for the whole of 2018, the volume of equipment supplies in the professional and design segments of 3D printing increased slightly and amounted to 50 and 7 thousand units, respectively. Shipments of personal devices decreased - from 400 thousand in 2017 to 370 thousand a year later. One of the reasons was the trade war between the United States and China, which caused the emergence of new duties.

Design and Industrial 3D Printer Supplies, Context Data

Industrial 3D printers, which include HP Inc. and General Electric (GE), have demonstrated steady growth in supplies in both polymer and metal printing. The first of the categories was on the rise thanks to markets in the USA and Europe, as well as due to production growth at Carbon (+ 65%) and HP (+ 31%) and significant growth of Union Tech's business in the Chinese domestic market.

A breakthrough in the industrial class was new cheaper metal 3D printers from manufacturers such as Markforged, whose shipments grew in 2018, the study noted.

In the sector of 3D printers for metal, there is a tendency to reduce the cost. So, if in 2017 the average price of such a 3D printer was $479 thousand, and some of the most advanced printers were sold at a price of more than $2 million, then in 2018 there was a direction of desktop 3D printers for metal, which are sold at $100- $125 thousand^[3]

2016

HP Inc. Entry into the 3D Printer Market

On May 17, 2016, HP Inc. announced its entry into the global 3D printer market. The first such equipment of the American manufacturer was the HP Jet Fusion 3D Printing Solution system. It is already being tested by a number of large companies. Read more here.

Market size of $13.2 billion

On January 9, 2017, the analytical company International Data Corporation (IDC) published the results of a study of the global 3D printing market. Experts predicted him to grow twice by 2020.

According to IDC estimates, in 2016, global sales of 3D printers, as well as materials, software and services for this equipment amounted to $13.2 billion. The dynamics relative to 2015 is not specified.

Distribution of 3D Printer Usage Segments, IDC 2016 Data

Most of the market for 3D printing technologies in 2016 fell on the home segment, whose share in the total volume reached 34.8% (see chart above). The second most popular area of use of 3D printers (29.6%) was the creation of prototypes of cars. The top three was the printing of components for the aerospace and defense industries (17.8%). The creation of tools and all kinds of components occupied 7.5% of the 3D printing market, and the share of architectural design and modeling approached 7%.

Due to the increase in the range of 3D printers and materials, as well as lower prices, 3D printing is becoming more complex and is finding more and more widespread use, "said IDC analyst Carla La CROC (Carla La Croce). - The 3D revolution opens new niches in the market, and in the future there will be new ways to use such equipment. IDC believes that the health sector has one of the highest growth potentials.

According to the IDC forecast, sales of 3D printers and related solutions for medical purposes will exceed $3.1 billion in 2020, making this segment the second largest after discrete production.

The volume of the global 3D printing market will grow by an average of 22.3% from 2015 to 2020 and will reach $28.9 billion by the end of this time period, analysts said in a study.^[4]

2014:34% increase to $3.3 billion, 133 thousand printers sold

On April 2, 2015, the research company Canalys published the results of the analysis of the global 3D printer market. Its volume in 2014 significantly increased due to the tendency to reduce the cost of equipment and increase its productivity.^[5]

According to analysts, in 2014, manufacturers around the world shipped 133,000 printers to create volumetric models. Compared to the previous year, there was an increase of 68%. In monetary terms, the market volume increased by more than a third (34%), amounting to $3.3 billion in 2014. This amount includes sales of both 3D printers themselves, such materials and related services.

"We noticed the strengthening of the 3D printing industry in 2014," says Canalys analyst Joe Kempton. - As we expected, the New Year's season showed the most significant growth, especially in the consumer segment, where for many users the purchase of a 3D printer was the first in their lives. Due to falling prices, expanding the range of technologies offered and increasing printing speed, demand in the market soared. "

In their report, experts note that in October-December 2014, the volume of the 3D printing market for the first time in its history exceeded $1 billion per quarter. At the same time, printer deliveries increased by 24% compared to the third quarter - to 41 thousand units, where most of the shipments (42%) fell on the United States, as well as countries in Europe, the Middle East and Africa (31%) and the Asia-Pacific region (27%).

Leading 3D printer manufacturers such as MakerBot and Ultimaker showed strong sales rates in 2014, Kempton said, as did Chinese vendors including XYZPrinting, which attract customers with their low-cost budget models.

Commenting on the situation in the global market for 3D printing equipment, Canalys analyst Rachel Lashford noted the growing sales of devices in the corporate sector and intensified investments in research and development by 3D printer manufacturers, which are thereby preparing for the company to enter the market HP 2016 year.

Canalys predicts that the 3D printer market will grow by 56% in 2015, reaching $5.2 billion in monetary terms. By 2019, the volume of this market will be $20.2 billion. Thus, the global 3D printing market is expected to grow at an average rate of 44% per year between 2014 and 2019.