3D Printers Statistics By Revenue, Demand and Market Share

Name: 3D Printers Statistics By Revenue, Demand and Market Share
Creator: Coolest Gadgets

TABLE OF CONTENTS

Introduction
Editor’s Choice
Facts About 3D Printers
General 3D Printers Statistics
3D Printer’s Market Forecast
3D Printer’s Statistics by Segment Analysis
3D Printing Device Statistics
Five-Year Analysis of the 3D Printers Market
3D Printer’s Statistics by Material
3D Printer’s Statistics by Industry
3D Printer’s Statistics by Uses
3D Printer’s Statistics by Components
3D Printers Statistics by Technology
Adoption Statistics of 3D Printers in Countries
3D Printers Market Share Statistics by Geography
3D Printer’s Statistics by Costs
3D Printers Business Benefits
Best 3D Printers of 2024
Conclusion

Introduction

3D Printers Statistics: The use of 3D printers is not a new concept. They have been utilized in various sectors, including aerospace, manufacturing, defense, and automotive industries worldwide over the years. With technological advancements, the market for 3D printers is evolving enormously.

Nowadays, almost every business invests millions of dollars in implementing advanced 3D printers to gain several benefits. If you are looking for a more detailed analysis of the 3D printing industry, you are on the right track. This 3D Printers Statistics will help you understand the different segmental analyses of 3D printers in recent years.

Editor’s Choice

In 2023, the total value of the global 3D printer market is USD 20.37 billion, and it’s expected to grow at a rate of 23.3% each year until 2030.

By 2026, the global 3D printing market is expected to be worth about USD 32.7 billion.
Gases like nitrogen and argon used in 3D printing are expected to create a market worth USD 111.7 million by 2028.
The value of materials used for 3D printing is expected to reach USD 4 billion by 2026, growing at an annual rate of 12% from 2018 to 2026.

In 2023, the 3D printing market in North America made up over 36% of the global market.
In 2023, the 3D printing market in the United States alone was worth USD 3.4 billion, which is about 23% of the global market.
Europe is known as a major hub for 3D printing companies, holding 52% of the market in 2023.

The market for 3D printers in the United Kingdom is expected to reach about 685 million Euros by 2026, growing at a rate of 10% per year.
As of February 2023, about 71% of people worldwide use 3D printers.
The price of 3D printers varies widely, ranging from USD 200 to USD 10,000, depending on the quality and specific features needed.

Facts About 3D Printers

In 2023, the world’s largest aircraft maker saved nearly USD 3 million by using 3D printers.

The most popular 3D printer for beginners, the Creality Ender 3, saw about 800,000 units shipped globally.
The 3D printing market’s revenue from materials reached USD 1.8 billion in 2023.
Stereolithography technology accounts for over 10% of the 3D printing market.

The automotive sector is the largest contributor to the 3D printing industry, generating 23% of its total revenue.
The primary use of 3D printing is for creating prototypes, making up 54% of the market.
North America holds the largest share of the 3D printing market, with 32.14% of the revenue in 2023.

Hardware dominates the component segment, capturing more than 61% of the market’s revenue.
Industrial 3D printers are the most substantial revenue contributors among printer types, with about 71% share.
Design software leads the software segment with approximately 31% of the market’s revenue.

Metals are the most used materials in 3D printing, accounting for 51% of the material market share.

General 3D Printers Statistics

3d-printing-market1

(Source: marketsandmarkets.com)

According to the reports of Market and Market, the global revenue earned by the 3D printing market size in 2028 will reach above USD 34.5 billion.
Meanwhile, by 2023, the market will be around USD 15 billion, with a CAGR of 18.1% from 2023 to 2028.
It is predicted that the global market for 3D printers is expected to reach above USD 63.46 billion by 2025 and is going to register a CAGR of 21% from 2021 to 2026.

On the other hand, the market valuation of printing material by 2026 is projected to be USD 8.7 billion.
By the end of 2029, the market for 3D printers is expected to reach around USD 49,500 million, with a CAGR of 20.1% from 2023 to 2029.

(Source: marketsandmarkets.com)

During the forecasted period, China is expected to reach the highest market share in Asia-Pacific.
In 2023, the Printers market accounted for a valuation of USD 1,585 million, whereas other revenue was earned by the service sector (USD 1,585 million), the material segment (USD 964 million), and the software segment (USD 316 million).

The metal AM hardware market will generate revenue of around USD 4 billion by 2024.
On the other hand, the ceramic sector is increasing, with a CAGR of 25.5% from 2023 to 2030.

3D Printer’s Market Forecast

3d-printers-market-size-2022-to-2032-usd-billion

(Reference: precedenceresearch.com)

In 2024, the global market value of 3D printers is projected to reach USD 24.31 billion.
The market is expected to grow at an annual rate of 17.54% from 2023 to 2032.

By 2025, the market size for 3D printers is estimated to be USD 28.57 billion.
In 2026, it’s expected to increase to USD 33.59 billion.
By 2027, the market is forecasted to reach USD 39.48 billion.

The value is anticipated to rise to USD 46.41 billion in 2028.
By 2029, the market could grow to USD 54.55 billion.
In 2030, it’s projected to expand to USD 64.13 billion.

By 2031, the market might increase to USD 75.38 billion.
In 2032, it’s expected to soar to USD 88.61 billion.

3D Printer’s Statistics by Segment Analysis

year-over-year-am-market-revenue-growth-by-segment-global-all-sub-technologies-q1-2020-2023.

(Reference: additivemanufacturingresearch.com)

In the first quarter of 2023, the 3D printing industry generated USD 3.7 billion in revenue, which was 10% sequential growth year over year.
In which the market growth shares are segmented into nonmetal printers (11.4%), nonmetal materials (23.9%), nonmetal services (15.7%), metal printers (28.7%), metal materials (36.2%), metal services (14.3%), and software (15.9%).

From 2023 to 2030, the metals and metal alloys segment will be the fastest-growing material in the 3D printer market, with over 28.2% share.
The global revenue share of the hardware segment has results above 63% of the share.
Based on material insight, the metal segment has over 54% of the share in the 3D printers market.

The industrial printer segment covered 74% of revenue share in 2023.

3D Printing Device Statistics

Number of 3D printing & additive manufacturing devices worldwide

(Reference: statista.com)

By the end of 2024, there will be 1.45 million 3D printing devices for designing, manufacturing, and field purposes.
As of 2030, the total number of 3D printing and additive manufacturing devices worldwide will reach around 2.8 million, which has increased by more than 2 million from last year.

Five-Year Analysis of the 3D Printers Market

global-3d-printing-products-and-services-market-size-from-2020-to-2026

(Reference: statista.com)

The worldwide market for 3D printing products and services is expected to be almost USD 24.9 billion by the end of 2024.
Whereas by 2026, the market will be around USD 37.2 billion.

The CAGR of the industry is expected to grow by 17% from 2020 to 2023.

3D Printer’s Statistics by Material

3d-printing-statestics

(Source: strategicmarketresearch.com)

According to a report published by Strategic Market Research, by 2030, the 3D printers market is expected to be worth USD 77.83 billion with a CAGR of 21%.
Plastic material 3D printers are used more, with almost 83% share for printing toys and household fixtures in 2023.
Other materials D printers share are carbon fiber (24.70%) and composites (21%).

3D Printer’s Statistics by Industry

As of 2023, the most common use of 3D printers is prototyping, with a share of 72% in the defense and aerospace industry.

he-most-prevalent-3d-printing-application-in-the-aerospace-and-defend-industry

(Reference: strategicmarketresearch.com)

Other usage statistics are followed by repairs (44%), research and development (43%), and production parts (39%).
By 2025, in the global market of global 3D printers, the aerospace, automotive, and medical industries collectively make a share of 51%.

3D Printer’s Statistics by Uses

(Reference: medium.com)

3D printers are mostly used for functional prototypes and end-user parts, with a share of 28% each.
Meanwhile, the 3D printers market share is followed by cosmetic models (11%), education and research sector (10%), polymer patterns and molds (8%), Jigs and fixtures (6%), metal tooling (5%), and others (4%).

3D Printer’s Statistics by Components

based-on-component

(Reference: strategicmarketresearch.com)

The global markets of 3D printers are segmented into software, services, and hardware.

Revenue generated by the hardware segment held the highest revenue share of 64.95% in 2023.
Other component statistics are followed by software (29.75%) and services (4.3%).

3D Printers Statistics by Technology

most-favored-3d-printing-method.

(Reference: protolabs.com)

As of 2023, the most used technology in 3D printers is Fused Deposition Modeling (FDM) with a share of 56%, which is followed by (SLA) Stereo Lithography (20%), and (SLS) Selective Laser Sintering (10%).
Others are followed by MJF (8.8%), SLM (2.8%), DMLS (1.7%), and EBM (0.7%).

Adoption Statistics of 3D Printers in Countries

(Reference: strategicmarketresearch.com)

As of 2023, the United States has the highest adoption of 3D printers, with an investment rate of USD 160.3 million.

Meanwhile, other countries’ investment rates of 3D printers are followed by the United Kingdom (USD 145.5 million), Germany (4123.8 million), France (USD 115.7 million), and China (USD 114.2 million).

3D Printers Market Share Statistics by Geography

printing-market-size-worldwide-in-billion-u-s-dollars

(Reference: marketsplash.com)

As of 2023, the market size of 3D printers in the United States of America in the United States of America was almost USD 5.4 billion.
Whereas other countries’ market share is followed by Europe (USD 4 billion), China (USD 1.9 billion), and the rest of the world (USD 2.7 billion).
According to Future Market Insights reports, the largest market share of the global 3D printing market was dominated by the North American region, with a 40% revenue share in 2023.

As of 2023, the Asia Pacific region is segmented into East and South Asia, holding a market worth USD 3.7 billion and USD 2.2 billion, respectively.

3D Printer’s Statistics by Costs

calculate-roi-pay-back-period-3d-printing-graph-ultimaker

(Source: 3dsourced.com)

The cost of 3D printers depends on the quality and requirements and costs between USD 200 to USD 10,000.
The entry-level printers for beginners range between USD 400 to USD 1000.
The standard cost of the industrial printer is almost USD 10,000.

3D Printers Business Benefits

3d-printing-enterprises-usage-benefits

(Reference: marketresearch.com)

Recently, many industries have been using 3D printers as they provide them with direct benefits.

The top benefit is accelerating the product development process with a share of 25%.
Other benefit shares are followed by developing customized products (15%), increasing production flexibility (14%), enabling co-creation with customers (8%), reducing tooling investment (10%), optimizing demo product expense (6%), improving spare parts management (6%), and other reasons (16%).