Industrial 3D Printing Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to industrial 3d printing market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Industrial 3D Printing Market News

  • In June 2023, BCN3D, a renowned supplier of 3D printing solutions, announced the launch of its new industrial printer. The Omega I60 is a fused filament fabrication 3D printer designed for large-scale industrial applications.
  • In November 2023, Stratasys, a leading name in additive manufacturing, showcased its new fused deposit modeling 3D printer at an event called Formnext.
  • In March 2024, Stratasys announced that it teamed up with NASA to test industrial 3D printing on the Moon. This experiment is sponsored by Northrop Grumman Corporation.

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FAQs

Industrial 3D Printing Market size was valued at USD 3.2 Billion in 2023 and is poised to grow from USD 3.87 Billion in 2024 to USD 17.65 Billion by 2032, growing at a CAGR of 20.9% during the forecast period (2025-2032).

Leading industrial 3D printing providers are focusing on investing in R&D to develop new technologies and expand their product portfolio. Companies are also incorporating advanced technologies such as artificial intelligence and machine learning to improve the productivity scope of their products. Collaborations, partnerships, and mergers will be popular strategies for industrial 3D printing market players looking to expand their market presence and gain a competitive edge over other companies. Metal 3D printing, multi-material printing, and large-scale additive manufacturing are some important trends that industrial 3D printing companies should keep a close eye on going forward. 'Stratasys ', '3D Systems ', 'Materialise ', 'EOS GmbH ', 'Monotech Systems Ltd ', 'Desktop Metal (ExOne) ', 'Voxeljet ', 'Nikon AM AG. ', 'HP ', 'Optomec ', 'Groupe Gorgé ', 'Renishaw ', 'Höganäs ', 'Covestro ', 'Protolabs ', 'BASF (Sculpteo) ', 'Siemens ', 'Carbon ', 'Markforged ', 'Nano Dimension'

Emphasis on High Volume Production

Adoption of Smart Manufacturing Techniques: Increasing proliferation of technology in different industries around the world has led to the high adoption of smart manufacturing techniques to optimize production and improve profit margins. Growing adoption of smart manufacturing practices could offer many new opportunities for industrial 3D printing companies in the long run.

North America is estimated to be a highly lucrative space for industrial 3D printing providers as it accounts for a high market share in the global landscape. The presence of key 3D printing providers in this region coupled with rapid adoption of advanced 3D printing technologies allows North America to lead the global industrial 3D printing product sales. The United States is forecasted to spearhead the demand for industrial 3D printing in North America followed by Canada over the coming years.

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Global Industrial 3D Printing Market
Industrial 3D Printing Market

Report ID: SQMIG20I2253

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