IMARC Group, a leading market research company, has recently released a report titled “United States 3D Printing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the United States 3D Printing market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the United States 3D Printing Market?
The United States 3D printing market is expected to exhibit a growth rate (CAGR) of 21.9% during 2023-2028.
What is 3D Printing?
3D printing, also known as additive manufacturing, is a revolutionary technology that creates three-dimensional objects from a digital file. The process involves building the object layer by layer, using various materials such as plastic, metal, ceramic, or even biological matter. Each layer is a thinly sliced, horizontal cross-section of the eventual object. This method allows for highly intricate designs that are difficult, if not impossible, to achieve with traditional manufacturing methods. 3D printing is a wide array of applications across numerous industries. In the healthcare sector, it’s used to create custom prosthetics and implants, and in the aerospace and automotive industries, it’s used to produce parts. It is also making a significant impact on the architectural, fashion, and food industries.
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What are the Growth Prospects and Trends in the United States 3D Printing Industry?
Technological innovation represents one of the key factors driving the growth of the 3D printing market across the United States. The U.S. is being at the forefront of 3D printing technology since its inception. Continuous innovation and advancement in 3D printing techniques, such as fused deposition modeling (FDM), stereolithography (SLA), and selective laser sintering (SLS), are driving the market growth. 3D printing’s versatility makes it applicable in various industries, including healthcare, aerospace, automotive, and construction. The capability to print intricate, custom parts is leading to increased adoption of the technology across these sectors. For instance, in healthcare, 3D printing is being used to create patient-specific prosthetics and surgical guides, while in aerospace and automotive industries, it’s employed for prototyping and manufacturing lightweight, complex components. The U.S. government’s support for advanced manufacturing technologies, including 3D printing, is a significant market driver. Initiatives like the advanced manufacturing partnership (AMP) encourage the development and adoption of new manufacturing technologies, which provides a supportive environment for the market growth. The increasing focus on STEM education and the rising integration of 3D printing into the curriculum encourages familiarity with the technology is creating a positive outlook for the market across the country.
Who are the Key Players Operating in the United States 3D Printing Market?
The competitive landscape of the industry has also been examined with some of the key players.
- 3D Systems Inc.
- Autodesk Inc.
- Envisiontec Inc.
- Formlabs Inc.
- General Electric Company
- HP Inc.
- Materialise USA LLC
- Optomec Inc.
- Organovo Holdings Inc.
- Sciaky Inc. (Phillips Service Industries Inc.)
- Stratasys Inc. (Stratasys Ltd.)
- The Exone Company
- Ultimaker North America.
What is Included in Market Segmentation?
The report has categorized the market based on component, process, technology, application, vertical and region.
Breakup by Component:
- Printer
- Desktop Printer
- Industrial Printer
- Material
- Polymers
- Metal and Alloys
- Ceramic
- Others
- Software
- Services
- 3D Scanning
- Designing
- Prototype Development
- Others
Analysed by Process:
- Binder Jetting
- Directed Energy Deposition
- Material Extrusion
- Material Jetting
- Powder Bed Fusion
- Sheet Lamination
- Others
Based on Technology:
- Stereolithography
- Selective Laser Sintering
- Electron Beam Melting
- Fused Deposition Modelling
- Laminated Object Manufacturing
- Others
Breakup by Application:
- Prototyping
- Tooling
- Functional Part Manufacturing
Analyzed by Vertical:
- Consumer Products
- Industrial
- Aerospace and Defense
- Automotive
- Healthcare
- Education and Research
- Others
Regional Analysis:
- Northeast
- Midwest
- South
- West
Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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