USA 3D Printing Market – Industry Analysis, Forecasts and Opportunity Assessment (2016-2023)
Report on USA 3D Printing Market – Industry Analysis, Forecasts and Opportunity Assessment (2016-2023)
Consumer 3D Printing Market in the USA
According to the market report published by Allied Market Research, North America 3D printing market is expected to increase at a rate of 20.1% until 2022. 3D manufacturing is also known as additive manufacturing. It is used for the developing 3D objects using digital files. 3D printing is increasingly used in healthcare, consumer goods, defence, education and research, aerospace and construction. Aerospace and automotive industries use 3D printing technology to manufacture lighter and complex components used in the design. Healthcare companies use 3D printing to manufacture prosthetics, dental flexures and other devices. Reduction in production time and cost, reduction in errors and efficient utilization of resources are the factors that are driving 3D printing technology in the USA. Manufactures in the USA offer 3D printing services, 3D printers and material.
3D Printing Market Trends
3D printing is increasingly used in different industries. Defence agencies in the US make use of 3D printing to produce sophisticated defence equipment. Defence agencies plan to use 3D printing to produce ships and jets. 3D printing is increasingly being used in the education sector. Engineering and designing students can use 3D printing to print their creations. Architecture students can use this technology to produce 3D models of their designs. Chemistry students can print out molecules. Aerospace companies are producing more and more parts using 3D printing. Additive manufacturing is increasingly used to produce solar panels, solar devices, solar cells, microturbines and batteries. In healthcare 3D printing is used to produce dental implants, prosthetics, hearing aids, surgical guides, medical components, drug screening and tissue engineering. 38% of the companies surveyed by research firm EY in its “Global 3D Printing Report” expect additive manufacturing to become a part of their production process to produce consumer usable items by 2021. 59% of the American companies surveyed in this report witnessed greater ROI on their investment in the year 2017. Plastics like PLA are commonly used as printing material in 3D printing.
3D Printing Market Size
The industrial printers segment had the largest share in the 3D printer segment. The share of industrial printers was 78.96% in 2017. In the year 2018. As per market research report “3D Printing Market” published by MarketsandMarkets the global 3D printing market size is forecasted to reach $32.78 billion by 2023. The 3D printing market is expected to grow at a rate of 25.76% from the period 2017 to 2023. 3D printer manufacturing industry grew at a rate of 24.8% from the period 2012 to 2017. In 2017, the 3D printer manufacturing industry reached a revenue of $3 billion. A number of businesses has grown by 14.5 % in the same period and the number has reached 61. The number of people employed in the industry grew to 2752.
3D Printing Market Segmentation
Printers- Desktop- Desktop printers are small in size and have less precision. They are meant for domestic use.
Industrial- Industrial printers are designed to 3D print advanced prototypes. These printers can be used to produce individual prototypes as well as batches of prototypes.
Powder Bed Fusion- It is a method which is used to melt and fuse material powder together with the help of a laser or electron beam.
Material Extrusion- It is a 3D printing technique. The main printing material in this technique is plastic filament. It is an additive technology used modelling and prototyping.
Vat Polymerisation- It uses a vat to construct a model layer by layer.
Material Jetting- It is an additive manufacturing technique used to combine different print materials.
Binder Jetting- In this technique a liquid binding agent is selectively deposited to join powder particles.
Directed Energy Deposition- A complex printing procedure used to repair or add additional material to existing components.
Sheet Lamination- Sheets of material are used to build up a part. The common type of material is paper or metal foil.
Functional Part Manufacturing
Aerospace – NASA produces space rover using Stratasys 3D printers. 3D printers are used to produce lightweight parts.
Defence- US defence agencies are increasingly using 3D printing to make sophisticated military equipment.
Healthcare- 3D printing is used for tissue re-engineering, bioprinting, 3D printing skin and prosthetics.
Automotive- metal prototypes and spare parts are printed using 3D technology.
Education- The students of graphic designing, engineering, biology and chemistry use 3D printing technology.
3D Printer manufacturers
3D Printer Resellers
3D Central VA
3D Printers Online Store
Advantage 3D Solutions
3D Printing Services
The report contains a comprehensive analysis on:
- USA 3D Printing Market Segments
- USA 3D Printing Market Drivers, Restraints and Opportunities
- USA 3D Printing Market Size & Forecast 2016 to 2023
- Supply & Demand Value Chain
- USA 3D Printing Market Current Trends
- Competition & Major Companies
- Technology and R&D Status
- Porters Five Force Analysis
- Strategic and Critical Success Factor Analysis of Key Players
Regional analysis for USA 3D Printing Market includes:
- North America
- US and Canada
- Latin America
- Mexico, Brazil, Argentina and Rest of Latin America
- Western Europe
- EU5 (Germany, France, Italy, Spain, U.K.)
- Nordic Countries (Denmark, Finland, Norway, and Sweden)
- Benelux (Belgium, The Netherlands, and Luxembourg)
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific
- Australia and New Zealand
- Rest of Asia Pacific
- Middle East and Africa
- GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
- South Africa
- North Africa
- Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market segmentation that is derived from extensive product mapping exercises, macroeconomic factors, and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
- Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
- Consumer and Pricing Analysis
- Market dynamics of the industry
- In-depth Market Segmentation
- Historical and Projected Market Sizing in terms of volume and value
- Recent market trends and Impact Factors
- R&D Status and Technology Overview
- Extensive Industry Structure Coverage