The global 3D Printing Market was valued at USD 28.5 Billion in 2024. It is projected to grow significantly, reaching USD 125.9 Billion by 2033, with a CAGR of 17.9% during the forecast period 2025-2033. The market’s expansion is driven by advancements in AI-powered 3D printing, increasing personalized solutions, adoption of sustainable manufacturing, and supportive government initiatives. The study provides a detailed analysis of the industry, including the 3D Printing Market share, trends, growth, size, and industry growth forecast.
Study Assumption Years
3D Printing Market Key Takeaways
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Market Growth Factors
Globally, the 3D printing market continues driving innovation for hardware and software. Artificial intelligence and machine learning are being integrated into 3D printing to help increase the accuracy and speed of designs. An AI algorithm developed by Washington State University in 2024 uses Bayesian Optimization to manufacture complicated 3D structures such as synthetic organs and flexible electronics, with less production time and costs.
Sustainability is also a driver, as eco-friendly processes in line with sustainability goals are emerging such as the use of bio-based materials such as new bio-inks derived from microalgae, for example, showing potential for material development. As a result, there are many opportunities to improve performance and environmental impact through green manufacturing.
3D printing may also be driven by the expansion of existing industries, e.g. the automotive industry will invest USD 323 Billion in electric vehicles by 2070, with revenues expected to rise to USD 9.6 Trillion and demand for automotive 3D printed parts. Increased use of AM in the medical industry to make bespoke medical devices, and in aerospace to make lightweight and complex components, including due to increasing need for customization and creation of parts on demand to cut waste and costs, are other drivers of industry expansion.
Market Segmentation
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Regional Insights
In 2024, North America dominated the 3D printing market contributing more than 33.8% toward global revenue. This results from a strong technology infrastructure, industries present, R&D invests more, the government funds and initiates, and schools and SMEs increasingly adopt 3D printing technology. The production efficiency and sustainability in North America continue to underscore its leading position.
Recent Developments & News
In December 2024, BMW installed a fully automated Laempe Mössner Sinto GmbH 3D printing line at the Landshut foundry, with six printers to make sand cores for six-cylinder engine molds. In the same month, Stratasys was chosen as single-source 3D print supplier to NASCAR, for parts and driver support. ETH spin-off a-metal launched a niche metal L-PBF 3D printer for SMEs with new powder cartridges. Prusa Research debuted the CORE One 3D printer with higher speeds in a compact design. Impossible Objects introduced the most productive 3D printer in Europe, the CBAM 25, optimized for large series parts from complex advanced composites.
Key Players
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