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The 3d desktop printer market size is valued to increase by USD 5.21 billion, at a CAGR of 20.28% from 2023 to 2028. Increasing demand for 3D-printed jewelry will drive the 3d desktop printer market.
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The market showcases advancements in technology, with significant strides made in software interfaces, print speed efficiency, and multi-material printing. These innovations result in improved return on investment through increased productivity and cost reduction. For instance, desktop printers with advanced slicing software algorithms enable faster print times, reducing the need for extended production cycles. Furthermore, the adoption of multi-material printing allows businesses to produce complex parts with various materials in a single build, streamlining the manufacturing process. Desktop printer mechanics and electronics have also evolved, with enhancements in print head design, UV curing systems, and material jetting contributing to higher print quality and reliability. Other key features, such as nozzle temperature control, support structures generation, and digital light processing, ensure compliance with industry standards and enhance overall product performance. The market continues to evolve, with ongoing research in areas like powder bed fusion, motion control systems, and build volume capacity, further expanding the capabilities of desktop 3D printing.
The surge in demand for 3D-printed jewelry serves as the primary market catalyst. With its unique design capabilities and potential for mass customization, this innovative technology is revolutionizing the jewelry industry.
The expansion of 3D printing in direct digital manufacturing is an emerging market trend. This innovative technology is poised to make significant strides in various industries.
The expansion of the additive manufacturing industry is significantly influenced by the adverse environmental impacts that necessitate continuous research and implementation of sustainable solutions to mitigate potential negative consequences on the environment.
The 3d desktop printer industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The polymer segment is estimated to witness significant growth during the forecast period.
The market continues to evolve, with advancements in multi-material printing, slicing software algorithms, and print speed efficiency driving innovation. Desktop printer mechanics and electronics have seen significant improvements, with enhanced nozzle temperature control, support structures generation, and digital light processing. UV curing systems, material jetting, and powder bed fusion are also gaining traction. The polymer segment dominates the market, holding the largest share in 2022, due to the material's adaptability for assembling lightweight objects and its affordability. Researchers are exploring new polymers, such as polylactic acid, which is produced from renewable sources and offers a low melting point for lightweight 3D printing.
The Polymer segment was valued at USD 781.20 billion in 2018 and showed a gradual increase during the forecast period.
The market is further characterized by a focus on layer height resolution, part orientation optimization, and closed-loop control systems. Connectivity options, calibration procedures, and thermal management systems are essential considerations for desktop printers. With advancements in resin printing, post-processing techniques, and filament diameter tolerance, the market is poised for continued growth.
North America is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in North America is experiencing notable expansion, with the US and Canada being key contributors to this growth. According to industry estimates, the market is poised for substantial expansion during the forecast period. This growth can be attributed to the increasing demand for customized products and the utilization of a diverse range of materials in various industries. North America is a significant hub for 3D desktop printer manufacturers, with companies such as 3D Systems, Carbon, Formlabs, HP, and Stratasys leading the charge.
IT investments and digitalization initiatives among enterprises and start-ups are significant drivers propelling the market's growth in the region. For instance, the implementation of these technologies can lead to operational efficiency gains of up to 30% and cost reductions in product development. The region's market is expected to witness robust growth due to these underlying factors.
Customer Landscape of 3D Desktop Printer Industry
Companies are implementing various strategies, such as strategic alliances, 3d desktop printer market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
3D Systems Corp. - This company specializes in advanced 3D printing technology, providing solutions for various materials including plastic and metal, as well as metal casting.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled 3D Desktop Printer Market insights. See full methodology.
Market Scope |
|
Report Coverage |
Details |
Page number |
180 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 20.28% |
Market growth 2024-2028 |
USD 5205.5 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
16.34 |
Key countries |
US, China, Germany, Canada, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
"Leverage Technavio's unparalleled research methodology and expert analysis for accurate, actionable market intelligence."
The market is experiencing significant growth, with businesses increasingly adopting these innovative technologies for rapid prototyping and manufacturing. FDM (Fused Deposition Modeling) printers, a dominant segment in this market, require effective nozzle temperature control strategies to ensure consistent part quality. SLA (Stereolithography) printers, on the other hand, demand optimization of resin curing depth to enhance print precision. SLS (Selective Laser Sintering) printers necessitate powder bed leveling techniques for optimal part production, while DLP (Digital Light Processing) printers require light source intensity calibration for superior print results. MJF (Multi Jet Fusion) printers demand meticulous material jetting precision parameters to deliver high-quality parts. Desktop 3D printer part orientation significantly influences print quality and material selection criteria. Build volume limitations vary among different printer models, necessitating careful planning in operational and supply chain management. Support structure generation algorithms comparison is essential for minimizing material usage and improving print efficiency. Post-processing techniques, such as sanding and painting, contribute to improved surface finish. Desktop 3D printer print head design considerations and thermal management impact on print quality are crucial for ensuring consistent output. Closed-loop control systems and user-friendly software interfaces are essential for streamlining the desktop 3D printing process. Desktop 3D printer file format compatibility issues and connectivity options are essential considerations for businesses integrating these technologies into their workflows. Improving print speed efficiency through strategies like layer height optimization and calibration procedures for enhanced print accuracy are vital for maximizing ROI. Desktop 3D printer maintenance best practices, such as regular nozzle cleaning and bed leveling, ensure consistent part quality and prolong the life of the printer. In comparison to traditional manufacturing methods, desktop 3D printing offers businesses agility and cost savings, making it an attractive alternative for various industries.
What is the expected growth of the 3D Desktop Printer Market between 2024 and 2028?
USD 5.21 billion, at a CAGR of 20.28%
What segmentation does the market report cover?
The report is segmented by Material (Polymer, Metal, and Ceramic), Technology (FDM, SLS, SLA, and Others), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)
Which regions are analyzed in the report?
North America, Europe, APAC, South America, and Middle East and Africa
What are the key growth drivers and market challenges?
Increasing demand for 3D-printed jewelry, Adverse environmental impact of additive manufacturing
Who are the major players in the 3D Desktop Printer Market?
3D Systems Corp., 3DCeram SAS, Autodesk Inc., Canon Inc., Carbon Inc., Dassault Systemes SE, Desktop Metal Inc., EOS GmbH, Formlabs Inc., Fusion3 Design LLC, General Electric Co., HP Inc., MATERIALISE NV, Proto Labs Inc., Renishaw Plc, Robert Bosch GmbH, SHAPEWAYS HOLDINGS INC., Stratasys Ltd., voxeljet AG, and XYZPRINTING Inc.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Material
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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