Automated 3D Printing Market: Global Industrial Outlook and Forecast (2023-2029)

Automated 3D Printing Market was worth US$ 570.56 Mn. in 2022 and total revenue is expected to grow at a rate of 37.14 % CAGR from 2023 to 2029, the Global Automated 3D Printing Market is reaching almost US$ 857.91 Mn. in 2029.
Automated 3D Printing Market Overview:
With the increasing rate of adoption across industries, both industrial and non-printer companies are focusing on automation. Automated 3D printers are gaining popularity because they are versatile and easy to use, allowing for faster task completion. Aerospace and defense, automotive, healthcare, consumer items, energy, and other industries might all benefit from automated 3D printing. Automated 3D printing offers accuracy, productivity, and the ability to increase manufacturing runs.
Automated 3D Printing Market Snapshot
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Global Automated 3D Printing Market Dynamics:
The expanding use of this technology in numerous applications such as transplantation, drug delivery, 3D printed organs, and other applications in the healthcare industry are one of the primary drivers in the global automated 3D Printing Market. The global automated 3D printing market is also driven by rising demand for implant customizations during surgical procedures, as well as rising R&D spending. The wide range of 3D printing applications in healthcare has led to increased acceptance. The market for 3D printing will rise as the variety of applications grows, and the cost of 3D printing and printers decreases.

Technological advancements aid in the Type of new 3D-printed items, which enhances the demand for 3D printing in the Healthcare Industry and is one of the market's driving forces. Furthermore, the expansion of the 3D Printed Medical Devices Market is aided by increased research and Type activities, which aid in the discovery of innovative treatments for a variety of ailments. Engineers from South Korea's Pohang University of Science and Technology have successfully manufactured "bio-blood-vessels" utilizing material collected from the human body as a template and a 3D printer.

The high cost of 3D printers is one of the significant obstacles in the global automated 3D Printing Market. Stereolithography, laser beam, electron beam, photo polymerization, and droplet deposition processes, for example, are prohibitively expensive. Business and industrial printers, which are commonly used in the healthcare industry, cost over $10,000, making them prohibitively expensive for most facilities. While 3D printed products can greatly reduce the cost of final products and increase productivity, the expensive cost of 3D printers remains a significant barrier to widespread adoption.
Global Automated 3D Printing Market Segment Analysis:
Based on End use, the market is sub-segmented into Aerospace & Defense, Automotive, Healthcare, Consumer Goods, Architecture & Construction, Printing and Package, Food & Beverage, Industrial and Others. Throughout the forecast period, the medical End uses expected to see strong demand and grow at a CAGR of 35.1 percent. Organ fabrication, anatomical models, personalized prosthetics, medications and tablets are just a few of the uses in the medical field. Prosthetics, medical Technology s, tissue engineering, hearing aids, surgical guides, dental implants, drug screening, and many other applications are among the end users. As a result, market expansion will be fueled by considerable variations in demand as well as expanding applications. The industrial End use has been using 3D printing to create product prototypes for decades. To make models and molds, many businesses employ huge, quick 3D printers known as rapid prototyping machines. This is due to shorter manufacturing times, lower costs, and improved operational efficiency, all of which are contributing to the segment's growth.
Automated 3D Printing Market, by End Use in 2022(%)
Based on Technology, the market is sub-segmented into Stereolithography (SLA), Selective Laser Sintering (SLS), Electron Beam Melting (EBM), Fused Deposition Modeling (FDM), Digital Light Processing (DLP), Laser Metal Deposition (LMD), PolyJet Printing, Laminated Object Manufacturing (LOM) and others. In comparison to the other varieties, SLS Printing has dominated the Automated 3D Printing Market. For printing new things, the SLS Printer uses powdered material as the substrate. A laser fuses the powder together by drawing the shape of the object in it. Then a new layer of powder is added, and the procedure is repeated to make the item, one layer at a time. Plastic, metal, and ceramic objects are all made using laser sintering. Because the degree of detail is only limited by the laser's accuracy and the quality of the powder, this printer can produce precise and delicate structures. Selective Laser printers are more frequent and less expensive than Fused Deposition Modeling printers.
Global Automated 3D Printing Market Regional Insights:
North America is one of the leading developers and pioneers in terms of 3D printing, robotics, and artificial intelligence, among other technologies, and is likely to occupy a significant proportion of the Automated 3D printing market. Many of the patent and application inventors live in the United States, despite the fact that 3D printing inventions come from all over the globe. According to the National Conference of State Legislatures, the US economy will grow by USD 600 to USD 900 billion if it is able to leverage the growing 3D printing market through increased operational efficiencies and automation.

Many investors are flocking to R&D initiatives as the government's support grows. For example, the United States has financed 3D printing research and Type in universities through America Makes and promoted initiatives through SBIR. according to the study, the United States imports approximately USD 3 trillion worth of goods each year, with USD 1.4 trillion worth of imports made up of leading industries that are likely to be impacted by 3D printing automation, such as Industrial, Automotive, Healthcare, and Aerospace.

The objective of the report is to present a comprehensive analysis of the global Automated 3D Printing market to the stakeholders in the industry. The past and current status of the Industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the Industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the End use to the decision-makers.

The report also helps in understanding the global  market dynamics, Industry by analyzing the market segments and projecting the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market make the report investor’s guide.
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Global Automated 3D Printing Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 570.56 Mn.


Forecast Period 2023 to 2029 CAGR:
6%
Market Size in 2029:
US $ 857.91 Mn.


 Segments Covered:
by Technology
Stereolithography (SLA)
Selective Laser Sintering (SLS)
Electron Beam Melting (EBM)
Fused Deposition Modeling (FDM)
Digital Light Processing (DLP)
Laser Metal Deposition (LMD)
PolyJet Printing
Laminated Object Manufacturing (LOM)
Others


by Type
Hardware
Software


by End Use
Aerospace & Defense
Automotive
Healthcare
Consumer Goods
Architecture & Construction
Printing and Packaging
Food & Beverage
Industrial
Others



Automated 3D Printing Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Global Automated 3D Printing Market, Key Players are
1. Stratasys Ltd.
2. 3D Systems Corporation.
3. EOS GmbH Electro Optical Systems
4. Concept – Laser GmbH, Sisma SpA
5. Ex One Co.
6. Arcam AB.
7. SLM Solutions Group AG.
8. Materialise NV (ADR).
9. Proto Labs Inc.
10. Citim GmbH.
11. Digital Mechanics Sweden AB
12. Stratasys Ltd.
13. EOS GmbH
14. Materialise NV
15. SLM Solutions Group AG
16. Arcam AB, Concept Laser GmbH
17. The ExOne Company
18. Voxeljet AG
19. Proto Labs
20. Optomec Inc.
21. ARC Group Worldwide
22. GROUPE GORGE
23. EnvisionTEC GmbH
24. Mcor Technologies Ltd.
25. Beijing Tiertime Technology Co. Ltd.
26. Renishaw plc
27. XYZprinting
28. Ultimaker BV
Frequently Asked Questions:
1) What was the market size of Global Automated 3D Printing Market markets in 2022?
Ans - Global Global Automated 3D Printing Market was worth US$ 570.56 Mn in 2022.

2) What is the market segment of the automated 3D Printing Market?
Ans -The market segments are based on Technology, Type and End use

3) What is the forecast period considered for Global Automated 3D Printing Market?
Ans -The forecast period for Global Automated 3D Printing Market is 2023 to 2029.

4) What is the market size of Global Automated 3D Printing Market markets in 2029?
Ans – Global Automated 3D Printing Market is estimated as worth US$ 857.91 Mn in 2029.

5) Which region is dominated in Global Automated 3D Printing Market?
Ans -In 2022, the North America region dominated the Global Automated 3D Printing Market.