3D Printer Market Size

3D Printer Market size was valued at USD 14.8 Billion in 2023 and is poised to grow from USD 17.09 Billion in 2024 to USD 55.32 Billion by 2032, growing at a CAGR of 15.5% during the forecast period (2025-2032).

'Stratasys ', '3D Systems, Inc. ', 'HP Development Company, L.P. ', 'EOS GmbH ', 'General Electric ', 'Materialise NV ', 'Desktop Metal, Inc. ', 'voxeljet AG ', 'SLM Solutions ', 'Renishaw plc. ', 'Protolabs ', 'Optomec, Inc. ', 'Prodways Group ', 'Ultimaker ', 'Tiertime ', 'Hoganas AB ', 'UnionTech ', 'Nexa3D ', 'Trumpf ', 'Formlabs '

Digital disruptions are massively affecting advanced manufacturing technologies in many nations worldwide. 3D technology has the potential to be used in the United States. This technology was included in the budget of the United States Department of Defense in 2018 as an important capability. Products aimed at additive and 3D printing manufacturing have been launched by even tech software giants like Autodesk, Microsoft, and HP. In a similar vein, China is putting in a lot of effort to keep the manufacturing industry's competitive index in the global market. Because Chinese manufacturers perceive this technology as both a danger and an opportunity for the Chinese manufacturing economy, they frequently make investments in its research and development. India, on the other hand, sees this technology as a chance to increase its share of the global manufacturing competitiveness. The "Make in India" Initiative and other active government programs support India's market.

New technologies are being upgraded and developed by established market players and tech-savvy startups. 3D printers for production have become more efficient and dependable as a result of hardware advancements .One of the most widely used 3D printers is the polymer printer.

North America held the largest share of the global 3D printer market in 2021, primarily as a result of rising spending on advanced manufacturing technologies by developed nations like Canada and the United States. Additionally, a number of government agencies, like the National Aeronautics and Space Administration (NASA), have identified significant investments in research and development that have the potential to significantly contribute to space applications and the development of new technologies that drive business expansion.