North America 3D Printing Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
The process of making 3D materials with software and moulding the materials like plastics or metals according to the prescribed shape is 3D printing. This has created a boom in many end-user industries like Construction, Healthcare and Aerospace & Defense with ease of making the desired shapes. This market is predominant in the regions of North America as the increasing demand for significant verticals like construction and healthcare, continuous government support and presence of key manufacturers.
North America 3D Printing Market Size & Growth:
North America 3D printing market is valued at $26.54 billion in 2018 and estimated to reach a value of $34.01 billion in 2024 at CAGR of 26.62%. Key points like reduction in human error and use of multiple materials for printing, customization of products with reducing cost and time and government investment in 3D products are accelerating this market and the factors like limited availability and the high cost of materials, lack of skilled labor and size of outputs generated are hampering the market growth.
North America 3D Printing Market Share:
North America 3D Printing market is classified by type of material, by technology, by use, by the process, by application,
North America 3D Printing Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
by vertical and by geography. By the type of material, they are segmented as polymers, metal and alloys, ceramics and others. Among these plastics and metal hold the most significant share as they have an increasing demand for biomaterials and specific materials. By technology, they are segmented as Fused deposition modelling (FDM), Selective laser sintering (SLS), Selective laser melting (SLM), Laminated object manufacturing (LOM), Electronic beam melting (EBM) and Stereolithography (SLA) and others. By use, they are segmented as commercial purpose, industrial purpose, and others. By process, these are segmented as Binder Jetting, Direct Energy Deposition, Material Extrusion, Material Jetting, Powder Bed Fusion, Sheet Lamination and Vat Photopolymerization. By application, they are segmented as Functional part manufacturing, Tooling, and Prototyping. By vertical these are segmented as Automotive, Aerospace and Defense, Healthcare, Architecture and Construction, Consumer Products, Education, Engineering, Energy, Printed Electronics, Jewelry, Food and Culinary and Others. Aerospace and vertical defence lead the markets as these have got strong demand and government support as well. By geography, they are segmented as U.S., Canada, and Mexico. North America is dominating in the context of 3D printing with the advantages of increasing demand and
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North America 3D Printing Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
government support.
North America 3D Printing Market Trends:
- A 4-H Fab Lab, the first of its kind in the United States, boasts 3D printing, milling, and cutting equipment from the likes of Ultimaker and Ronald DG.
- Post Process Technologies has secured two new regional channel partnerships within the United States, to better serve its users of additive manufacturing technology in the southern regions of the United States.
North America 3D Printing Market Research Reports Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact in altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Stratasys Ltd.
- Materialise NV
- Koninklijke DSM N.V.
- The Exone Company
- 3D Systems Corporation
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