3D Desktop Printer Market size is set to grow by USD 5.20 billion from 2024-2028, increasing demand for 3D-printed jewelry to boost the market growth, Technavio

NEW YORK, June 18, 2024 /PRNewswire/ — The worldwide 3D desktop printer market  measurement is estimated to develop by USD 5.20 billion from 2024-2028, in keeping with Technavio. The market is estimated to develop at a CAGR of just about 20.28%  throughout the forecast interval. Growing demand for 3D-printed jewellery is driving market development, with a pattern in direction of growth of 3d printing in direct digital manufacturing. Nevertheless, opposed environmental impression of additive manufacturing  poses a problem. Key market gamers embody 3D Methods Corp., 3DCeram SAS, Autodesk Inc., Canon Inc., Carbon Inc., Dassault Systemes SE, Desktop Steel Inc., EOS GmbH, Formlabs Inc., Fusion3 Design LLC, Common Electrical Co., HP Inc., MATERIALISE NV, Proto Labs Inc., Renishaw Plc, Robert Bosch GmbH, SHAPEWAYS HOLDINGS INC., Stratasys Ltd., voxeljet AG, and XYZPRINTING Inc..

Get an in depth evaluation on areas, market segments, buyer panorama, and corporations – Click on for the snapshot of this report

Key Market Tendencies Fueling Development

The combination of 3D printing in Direct Digital Manufacturing (DDM) considerably advantages producers by decreasing lead instances and prices. This innovation permits designers to switch new designs with out the necessity for retooling, simplifying the prototyping course of for low-volume and complicated high-volume runs. The digitalization of factories into IoT ecosystems enhances manufacturing management and effectivity, driving the adoption of 3D desktop printers. This pattern positively impacts the expansion of the worldwide 3D desktop printer market. 

The 3D printing market has seen vital development up to now few years, with desktop printers turning into more and more in style. Three-dimensional printing know-how supplies companies with the flexibility to create advanced components and prototypes in-house, saving time and assets. The usage of 3D printing in manufacturing processes has been on the rise, with sectors like automotive, healthcare, and building adopting this know-how. The pattern in direction of extra sustainable manufacturing strategies has additionally contributed to the expansion of the 3D printing trade. Desktop printers supply affordability and ease of use, making them a most well-liked selection for small companies and people. The marketplace for 3D printing is anticipated to proceed rising, with semiconductor, electronics, and aerospace industries displaying robust curiosity. The usage of superior supplies like steel and ceramics in 3D printing can be gaining traction, increasing the applying areas for this know-how. The longer term appears shiny for the 3D printing trade, with new improvements and developments anticipated to drive development. 

Analysis report supplies complete knowledge on impression of pattern. For extra details- Obtain a Pattern Report

Market Challenges

• The 3D desktop printer market faces challenges as a result of energy-intensive nature of additive manufacturing and the ensuing excessive vitality consumption and greenhouse fuel emissions. The usage of laser or warmth applied sciences in 3D printing requires vital energy, resulting in elevated electrical energy utilization in comparison with conventional manufacturing strategies. Moreover, the emission of dangerous particles similar to unstable natural compounds (VOCs), nanoparticles, and solvents throughout the melting course of can negatively impression the atmosphere and human well being. Correct administration of those particles by means of using well-ventilated areas and air filters is important to mitigate potential well being dangers. These elements could hinder the expansion of the worldwide 3D desktop printer market.
• The 3D desktop printing market is experiencing vital development, with an rising variety of companies and people adopting this know-how. Nevertheless, there are challenges that must be addressed to make sure its widespread adoption. One main problem is the excessive price of 3D desktop printers, making them inaccessible to many small companies and people. One other problem is the restricted materials choices obtainable for 3D desktop printing, which might restrict the functions of those printers. Moreover, the shortage of standardization within the 3D desktop printing trade could make it troublesome for companies to decide on the correct printer for his or her wants. Lastly, the complexity of utilizing these printers generally is a barrier for some customers, requiring specialised coaching and experience. Regardless of these challenges, the potential advantages of 3D desktop printing, similar to quicker prototyping and customization, make it a lovely choice for companies and people alike.

For extra insights on driver and challenges – Obtain a Pattern Report

Section Overview 

This 3d desktop printer market report extensively covers market segmentation by

1. Materials 

• 1.1 Polymer
• 1.2 Steel
• 1.3 Ceramic

• 2.1 FDM
• 2.2 SLS
• 2.3 SLA
• 2.4 Others

• 3.1 North America
• 3.2 Europe
• 3.3 APAC
• 3.4 South America
• 3.5 Center East and Africa

1.1 Polymer-  The 3D desktop printer market is experiencing vital development. Corporations are investing on this know-how to provide custom-made merchandise in-house. These printers supply flexibility and effectivity, permitting companies to create prototypes and small manufacturing runs rapidly. The market is pushed by the rising demand for personalised and on-demand manufacturing options. Companies throughout varied industries, together with healthcare, automotive, and schooling, are adopting 3D desktop printers to streamline their operations and cut back prices. The market is anticipated to proceed increasing because the know-how turns into extra accessible and reasonably priced.

For extra info on market segmentation with geographical evaluation together with forecast (2024-2028) and historic knowledge (2018 – 2022)  – Obtain a Pattern Report

Analysis Evaluation

The 3D desktop printer market encompasses the manufacturing and distribution of superior equipment utilized for fast prototyping and manufacturing in varied industries. This know-how, which incorporates 3D printers, permits the creation of custom-made merchandise with advanced buildings and complicated designs. Mental property issues are addressed by means of standardized testing strategies and mechanical property evaluations. The automotive and healthcare sectors, amongst others, have embraced this know-how for producing personalised merchandise and elements. Composite 3D printing and AI integration are driving developments in skilled and enterprise 3D printing functions. Power, energy, semiconductor, and electronics industries additionally profit from this know-how, contributing to its development.

Market Analysis Overview

The 3D desktop printer market is experiencing vital development as a result of rising demand for fast prototyping and manufacturing functions. These printers supply the benefit of manufacturing advanced geometries and buildings in varied supplies, together with plastic and steel. The know-how is extensively utilized in industries similar to automotive, healthcare, schooling, and structure. The market is pushed by elements such because the reducing price of 3D printers, bettering print high quality, and the increasing vary of functions. Moreover, the continued analysis and growth within the discipline are resulting in developments in print velocity, materials choices, and printer capabilities. The market is anticipated to proceed its development trajectory within the coming years.

Desk of Contents:

1 Govt Abstract
2 Market Panorama
3 Market Sizing
4 Historic Market Dimension
5 5 Forces Evaluation
6 Market Segmentation

• Materials
• Know-how
• Geography
• North America
• Europe
• APAC
• South America
• Center East And Africa

7 Buyer Panorama
8 Geographic Panorama
9 Drivers, Challenges, and Tendencies
10 Firm Panorama
11 Firm Evaluation
12 Appendix

About Technavio

Technavio is a number one world know-how analysis and advisory firm. Their analysis and evaluation focuses on rising market traits and supplies actionable insights to assist companies determine market alternatives and develop efficient methods to optimize their market positions.

With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 experiences and counting, overlaying 800 applied sciences, spanning throughout 50 international locations. Their shopper base consists of enterprises of all sizes, together with greater than 100 Fortune 500 firms. This rising shopper base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to determine alternatives in present and potential markets and assess their aggressive positions inside altering market eventualities.

Contacts

Technavio Analysis
Jesse Maida
Media & Advertising and marketing Govt
US: +1 844 364 1100
UK: +44 203 893 3200
Electronic mail: [email protected]
Web site: www.technavio.com/

SOURCE Technavio