• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Printed Electronics
    • Raw Materials
    • Equipment
    • Services
    • Suppliers Guide
    • Resources
    • More
  • Magazine
  • News
  • Printed Electronics
  • Raw Materials
  • Equipment
  • Services
  • Suppliers Guide
  • Resources
  • Current & Past Issues
    Features
    Editorials
    Digital Edition
    Subscribe Now
    Advertise Now
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Breaking News
    Experts Opinion
    Financial News
    Manufacturers News
    Mergers and Acquisitions
    Online Exclusives
    Personnel
    Product Releases
    Suppliers News
    Live From Shows
    Displays and Lighting
    Photovoltaics
    Printed Batteries
    Printed Circuit Boards/Membrane Switches/In Mold Electronics
    Flexible and Printed Electronics
    RFID and NFC
    Sensors and Wearables
    Smart Cards and Packaging
    Touch Screens
    Adhesives, Barriers and Encapsulants
    Chemicals, Metals and Powders
    Conductive Inks and Coatings
    Electronic Materials
    Film, Paper, Glass and Substrates
    Graphene, Perovskites and Carbon Nanotubes
    Nanomaterials
    Printed Electronic Components
    Research Reports
    Semiconductors and Quantum Dots
    Energy Curing Equipment
    Lab and Testing Equipment
    Manufacturing Equipment
    Printing Equipment
    3D Printing
    Contract Manufacturing Services
    Product Design and Testing
    Research and Consulting
    Research Institutions
    Research Reports
    Universities
    Equipment
    All Companies
    Materials
    Categories
    Converting
    Printed Electronics Systems
    Associations
    Research and Services
    Used Machinery
    Add New Company
    Industry Events
    Live from show events
    Podcasts
    Videos
    Blogs
    Slideshows
    Infographics
    Webinars
    Whitepapers
    Equipment and Services
    Glossary
    • Magazine
      • Current & Past Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Suppliers Guide
      • Add Your Company
      • Suppliers Guide
    • Printed Electronics
      • Photovoltaics
      • Printed Batteries
      • Printed Circuit Boards/Membrane Switches/In Mold Electronics
      • Flexible and Printed Electronics
      • RFID and NFC
      • Sensors and Wearables
      • Smart Cards and Packaging
      • Touch Screens
    • Raw Materials
      • Adhesives, Barriers and Encapsulants
      • Chemicals, Metals and Powders
      • Conductive Inks and Coatings
      • Electronic Materials
      • Film, Paper, Glass and Substrates
      • Graphene, Perovskites and Carbon Nanotubes
      • Nanomaterials
      • Semiconductors and Quantum Dots
    • Equipment
      • Energy Curing Equipment
      • Lab and Testing Equipment
      • Manufacturing Equipment
      • Printing Equipment
      • 3D Printing
    • Services
      • Contract Manufacturing Services
      • Product Design and Testing
      • Research and Consulting
      • Research Institutions
      • Research Reports
      • Universities
    • Online Exclusives
    • Slideshows
    • Blog
    • Videos
    • Podcasts
    • Infographics
    • Events
      • Industry Events
      • Live from show events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    3D Printing Market Worth $34.8 Billion by 2024: MarketsandMarkets

    At $9.9 billion in 2018.

    3D Printing Market Worth $34.8 Billion by 2024: MarketsandMarkets
    Related CONTENT
    • Arkema Showcases Collaborative Innovations in 3D Printing Technologies at TCT Asia 2019
    • Jabil Advances Additive Manufacturing Market
    • Evonik Acquires Structured Polymers Inc.
    • Wearable Materials Market Worth $2.9 Billion by 2023
    • Optomec, Phillips Federal Partner
    02.28.19
    According to the new research report "3D Printing Market by Offering (Printer, Material, Software, Service), Process (Binder Jetting, Direct Energy Deposition, Material Extrusion, Material Jetting, Powder Bed Fusion), Application, Vertical, Technology, and Geography-Global Forecast to 2024," the overall 3D printing market is expected to grow from $9.9 billion in 2018 to $34.8 billion by 2024, at a CAGR of 23.25%. 
     
    The ease in the development of customized products, reduction in manufacturing cost and process downtime, government investments in 3D printing projects, and development of new industrial-grade 3D printing materials are the key factors driving the growth of this market.
     
    The service segment accounts for the largest share of the 3D printing market by offering. The projected growth of the market for service is attributed to the expected surge in the demand for custom design and manufacturing. The market for 3D printing has been growing at a significant rate with rapid progress in the industries such as healthcare (including medical, orthopedic, and dentistry), aerospace, and automotive as these industries have been the early adopters of the technology. However, with the advancement in the printing technology and materials, the 3D printing service sector is garnering significant traction as a source of profit generation, compared to printers and materials.
     
    Power bed fusion process accounts for the largest share of the 3D printing market. The ability to produce complex geometries, high-feature resolution, good strength, and decent surface finish are the major drivers for the growth of the market for powder bed fusion process. The 3D printing procedures based on the powder bed fusion process in the aerospace, automotive, healthcare, and engineering industries most commonly use technologies such as direct metal laser sintering (DMLS), electron beam melting (EBM), selective heat sintering (SHS), selective laser melting (SLM), and selective laser sintering (SLS) for the development of functional parts.
     
    The 3D printing market in APAC is expected to grow at the highest CAGR during the forecast period. Government initiatives, funding in research and development, and extensive industrial base are the major factors that make APAC a dynamic region for 3D printing, with Japan and China being the major contributors. The establishment of the centers for 3D printing research, training, and education and the efforts by leading players in the market, such as Stratasys Lt. (Israel), 3D Systems (US), EOS GmbH (Germany), ExOne (US), and EnvisionTEC (Germany), to expand their distribution networks to the emerging markets in the Asian countries are expected to drive the market in APAC.
     
    Related Searches
    • 3d
    • 3d printing
    • electron beam
    Suggested For You
    Arkema Showcases Collaborative Innovations in 3D Printing Technologies at TCT Asia 2019 Arkema Showcases Collaborative Innovations in 3D Printing Technologies at TCT Asia 2019
    Jabil Advances Additive Manufacturing Market Jabil Advances Additive Manufacturing Market
    Evonik Acquires Structured Polymers Inc. Evonik Acquires Structured Polymers Inc.
    Wearable Materials Market Worth $2.9 Billion by 2023 Wearable Materials Market Worth $2.9 Billion by 2023
    Optomec, Phillips Federal Partner Optomec, Phillips Federal Partner
    Optomec Acquires Huffman Optomec Acquires Huffman
    Fraunhofer Institute, Sirris Investigate Technical Coatings for Additive Manufacturing Fraunhofer Institute, Sirris Investigate Technical Coatings for Additive Manufacturing
    Industrial Sensors Market Worth $21.6 Billion by 2023 Industrial Sensors Market Worth $21.6 Billion by 2023
    MarketsandMarkets: Electronic Toll Collection Market Worth $10.7 Billion by 2023 MarketsandMarkets: Electronic Toll Collection Market Worth $10.7 Billion by 2023
    Smartrac Opens New Office in Irvine, CA Smartrac Opens New Office in Irvine, CA
    IDTechEx Announces Winners of Launchpad IDTechEx Announces Winners of Launchpad
    PE USA 2018 Features Look at Flexible Electronics, Sensors and More PE USA 2018 Features Look at Flexible Electronics, Sensors and More
    Grand View Research: 3D Printing Market Size to Expand at CAGR Exceeding 16.5% from 2018-2025 Grand View Research: 3D Printing Market Size to Expand at CAGR Exceeding 16.5% from 2018-2025
    IDTechEx Announces Winners of Launchpad IDTechEx Announces Winners of Launchpad
    VTT, Carbodeon Speed Up 3D printing with Nanodiamonds VTT, Carbodeon Speed Up 3D printing with Nanodiamonds

    Related Breaking News

    • Breaking News | Contract Manufacturing/Printing | Flexible and Printed Electronics | Smart Cards and Packaging
      Jones Healthcare Group Operating Through Ontario’s New COVID-19 Restrictions

      Jones Healthcare Group Operating Through Ontario’s New COVID-19 Restrictions

      Operations 'remain in full compliance with mandates and recommendations from official health organizations and the government.'
      Printed Electronics Now staff 01.18.21

    • Breaking News | Displays and Lighting
      JOLED, LG Collaborate to Deliver Superior Productivity for Creative Professionals

      JOLED, LG Collaborate to Deliver Superior Productivity for Creative Professionals

      LG launching premium 32-inch monitor LG UltraFine Display OLED Pro.
      Printed Electronics Now staff 01.18.21

    • Breaking News | Semiconductors and Quantum Dots
      SOI Industry Consortium Joins SEMI as Strategic Association Partner

      SOI Industry Consortium Joins SEMI as Strategic Association Partner

      Industry organization representing the complete SOI-based microelectronics value chain.
      Printed Electronics Now staff 01.18.21


    • Breaking News | Contract Manufacturing/Printing | Manufacturers News
      Toppan Announces 2050 Environmental Vision

      Toppan Announces 2050 Environmental Vision

      Commitment to target zero waste emission and virtually zero greenhouse gas emissions in 2050.
      Printed Electronics Now staff 01.18.21

    • Breaking News | RFID and NFC
      Farmacorp Selects Zebra Technologies, Reflexis Systems to Modernize On-site Store Audits

      Farmacorp Selects Zebra Technologies, Reflexis Systems to Modernize On-site Store Audits

      Bolivian pharmacy chain leverages mobile store inspections across 100+ stores.
      Printed Electronics Now staff 01.15.21

    • Breaking News | RFID and NFC
      Sensormatic Solutions Debuts VisionWorks at NRF 2021

      Sensormatic Solutions Debuts VisionWorks at NRF 2021

      VisionWorks provides retailers with new deep learning-based computer vision AI models for unmatched operational insights.
      Printed Electronics Now staff 01.14.21


    • Breaking News | RFID and NFC
      Veridos Paves Way for Secure, Autonomous Border Crossing

      Veridos Paves Way for Secure, Autonomous Border Crossing

      Veridos has successfully implemented many automated border control solutions, including projects in Bangladesh, Morocco, and Luxembourg.
      Printed Electronics Now staff 01.14.21

    • Breaking News | Personnel | Semiconductors and Quantum Dots | Sensors and Wearables
      Rajita D’Souza Appointed STMicroelectronics President, HR, and CSR

      Rajita D’Souza Appointed STMicroelectronics President, HR, and CSR

      D’Souza previously served as chief HR officer at Bekaert.
      Printed Electronics Now staff 01.14.21

    • Breaking News | Printed Circuit Boards/Membrane Switches/In Mold Electronics
      Phiaro Corporation Incorporates TactoTek IMSE Smart Surfaces into Customer Projects

      Phiaro Corporation Incorporates TactoTek IMSE Smart Surfaces into Customer Projects

      Phiaro Corporation’s design portfolio emphasizes automotive and other personal transportation solutions.
      Printed Electronics Now staff 01.14.21


    • Breaking News | Product Releases | RFID and NFC | Sensors and Wearables
      Timestrip Electronic Indicators Launched

      Timestrip Electronic Indicators Launched

      For monitoring safe storage and transportation of wide range of goods including pharmaceuticals, vaccines, healthcare, food produce, adhesives and inks.
      Printed Electronics Now staff 01.13.21

    • Breaking News | Financial News | RFID and NFC
      Impinj Announces Preliminary 4Q 2020 Revenue

      Impinj Announces Preliminary 4Q 2020 Revenue

      Expected preliminary fourth quarter 2020 revenue to exceed $36 million.
      Printed Electronics Now staff 01.13.21

    • Breaking News | Electronic Materials | Energy Curing/Sintering
      Deadline for RadLaunch UV+EB Technology Accelerator is Jan. 30

      Deadline for RadLaunch UV+EB Technology Accelerator is Jan. 30

      UV+EB technology industry tech-education accelerator focused on unique and novel ultraviolet and electron beam technologies.
      Printed Electronics Now staff 01.13.21


    • Breaking News | Flexible and Printed Electronics
      Global Printed, Flexible, Hybrid, Textile Electronics Community Gathers Online

      Global Printed, Flexible, Hybrid, Textile Electronics Community Gathers Online

      First 120 speakers announced.
      Printed Electronics Now staff 01.13.21

    • Breaking News | Product Releases | RFID and NFC
      Sensormatic Solutions Launches Sensormatic IQ

      Sensormatic Solutions Launches Sensormatic IQ

      Unify diverse data and insights with the new intelligent operating platform designed to drive improved shopper experiences and retail outcomes.
      Printed Electronics Now staff 01.12.21

    • Breaking News | Personnel | RFID and NFC | Suppliers News
      Nathan Winters Appointed Zebra Technologies CFO

      Nathan Winters Appointed Zebra Technologies CFO

      Winters takes position after serving in acting role since August 2020.
      Printed Electronics Now staff 01.12.21

    Trending
    • Global Printed, Flexible, Hybrid, Textile Electronics Community Gathers Online
    • Graphene Flagship Launches Redesigned Website
    • JOLED, LG Collaborate To Deliver Superior Productivity For Creative Professionals
    • Toppan Announces 2050 Environmental Vision
    • Most Intriguing Flexible, Printed Electronics Products Of 2020
    Breaking News
    • Jones Healthcare Group Operating Through Ontario’s New COVID-19 Restrictions
    • JOLED, LG Collaborate to Deliver Superior Productivity for Creative Professionals
    • Toppan Announces 2050 Environmental Vision
    • SOI Industry Consortium Joins SEMI as Strategic Association Partner
    • Farmacorp Selects Zebra Technologies, Reflexis Systems to Modernize On-site Store Audits
    View Breaking News >
    CURRENT ISSUE

    Fall 2020

    • Flexible Electronics Is Proving to Be Ideal for Healthcare
    • COVID-19 and the Printed Electronics Industry
    • Smart Packaging Looks to Move Forward
    • Electronic & Conductive Ink Conference Showcases Future of Ink Technology
    • Printed Electronics Now’s International Suppliers’ Directory
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Aker BioMarine Expands Krill Portfolio with Novel Protein Hydrolysate
    Cistanche Tubulosa Botanical Shown to Attenuate Locomotive Syndrome
    Maternal Dietary Intake of Fish, Omega-3s, and Omega-6s Linked to Child Neurodevelopment
    Coatings World

    Latest Breaking News From Coatings World

    Huntsman Finalizes Acquisition of Gabriel Performance Products
    PPG Completes COLORFUL COMMUNITIES Project at School in A. Bangsaothong Samutprakarn, Thailand
    dar-tech, inc. Becomes U.S. Midwestern Distributor for ZS Interpolymer
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    FineHeart Successfully Tests Wireless TET System
    Apria Healthcare Settles Whistleblower Lawsuit
    OraSure’s OMNIgene·ORAL Device Included in COVID-19 EUA Amendment
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Valeo Pharma Appoints President, COO
    Metrion, LifeArc Extend Neuroscience Alliance
    Grifols Begins COVID-19 Plasma Treatment Trial
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    JLo Beauty Launches at Sephora & Amazon
    Unilever and Alibaba Group Join Forces
    Redken Unveils Acidic Bonding Concentrate Range
    Happi

    Latest Breaking News From Happi

    A Surge in Interest for Supplements & Vitamins
    Manscaped Expands Further in Europe
    Color Street Gives Back
    Ink World

    Latest Breaking News From Ink World

    dar-tech, inc. Becomes U.S. Midwestern Distributor for ZS Interpolymer
    Techkon USA, Konica Minolta Partner
    Alon Bar-Shany Appointed Chairman of Highcon Board
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Exhibitor registration opens for virtual.drupa
    FTA planning in-person Forum & INFOFLEX
    Fortis Solutions Group achieves SGP certification
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Super Strong Inks Survive Tough Environments
    Ontex Honored for Mask Production
    TFP Acquires PV3 Technologies
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    OrthoPediatrics Expands Agent Network in Three European Countries
    Studies Show FlareHawk Expandable Cage Delivers Favorable Fusion, Patient Outcomes
    Rapid Recovery Protocol Can Lead to Increased Range of Motion After TKA
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    UDC Subsidiary Adesis' Website Wins 2020 MarCom Platinum Award
    Roadsimple Modernizes Warehouse Ops with Zebra Technologies
    Graphene Flagship Launches Redesigned Website

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login