From GlobeNewswire: 2024-06-11 08:00:00

The 3D Printing Market is projected to grow from USD 17.5 billion in 2024 to reach USD 37.4 billion by 2029, with a CAGR of 16.4%. Major players in the industry include Stratasys, 3D Systems, and HP. Asia Pacific is set to see rapid growth due to government initiatives and demand for personalized products in sectors like automotive and healthcare.

In the 3D Printing market, printers are expected to hold the largest market share, catering to personal, professional, and production sectors. The prototyping segment is forecasted to dominate applications, offering sustainable and cost-effective solutions compared to traditional manufacturing methods by reducing material waste and operational costs.

Stratasys leads the 3D printing market with industrial-grade printers and a wide range of materials, serving multiple industries. The future of 3D printing looks promising with significant growth expected through 2030, driven by technological advancements in materials, precision, and speed. The global market is projected to reach approximately USD 88.28 billion by 2030, backed by government support and industry innovation.



Read more at GlobeNewswire: 3D Printing Market Analysis, Regional Growth and Future