United States 3D Printing Market

Market Overview:

The United States 3D printing market is expected to exhibit a growth rate (CAGR) of 21.9% during 2023-2028.

3D printing, also known as additive manufacturing, refers to the process of converting a digital file into a three-dimensional product. It allows the production of intricate designs by utilizing limited materials, along with increasing productivity, incurring minimal wastage, and reducing operational costs. 3D printing technology is widely adopted in stereolithography, fused deposition modeling, selective laser sintering, laminated object manufacturing, and electron beam melting. These processes are used for various materials, such as polymers, metal alloys, ceramics, etc., for producing prototypes, model creations, physical components, etc. In the United States, 3D printing technology is extensively used across diverse sectors, including automotive, consumer electronics, healthcare, defense, education, aerospace, etc.

The expanding automobile sector coupled with the rising implementation of 3D printing solutions for creating vehicle prototypes, generating 3D models, design validation, etc., is propelling the market growth in the country. Furthermore, several automotive manufacturers are adopting 3D printers based on the growing demand for customized and personalized automobile components. Additionally, various 3D printing companies are continuously launching innovative product variants for replacing heavy-duty parts in automobiles with energy-efficient, lightweight, and cost-effective components, thereby further driving the market growth in the United States. Apart from this, the introduction of various initiatives by the National Additive Manufacturing Innovation Institute (NAMII) for adopting 3D printing technology across diverse manufacturing-based industries is also bolstering the market. Moreover, a significant growth in the aerospace sector has augmented the utilization of 3D printing for manufacturing lighter aircraft structures and frames. Besides this, the wide presence of advanced medical facilities in the country is also catalyzing the adoption of 3D printing technology for producing prosthetic parts, including bone, cartilage, skin, etc. In the coming years, the emergence of advanced metal 3D printing technologies for reducing overall production costs and time will continue to drive the market growth in the United States.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States 3D printing market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on component, process, technology, application and vertical.

Breakup by Component:

• Printer
  • Desktop Printer
  • Industrial Printer
• Material
  • Polymers
  • Metal and Alloys
  • Ceramic
  • Others
• Software
• Services
  • 3D Scanning
  • Designing
  • Prototype Development
  • Others
     

Breakup by Process:

• Binder Jetting
• Directed Energy Deposition
• Material Extrusion
• Material Jetting
• Powder Bed Fusion
• Sheet Lamination
• Others
   

Breakup by Technology:

• Stereolithography
• Selective Laser Sintering
• Electron Beam Melting
• Fused Deposition Modeling
• Laminated Object Manufacturing
• Others
   

Breakup by Application:

• Prototyping
• Tooling
• Functional Part Manufacturing
   

Breakup by Vertical:

• Consumer Products
• Industrial
• Aerospace and Defense
• Automotive
• Healthcare
• Education and Research
• Others
   

Breakup by Region:

• Northeast
• Midwest
• South
• West
   

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being 3D Systems Inc., Autodesk Inc., Envisiontec Inc., Formlabs Inc., General Electric Company, HP Inc., Materialise USA LLC, Optomec Inc., Organovo Holdings Inc., Sciaky Inc. (Phillips Service Industries Inc.), Stratasys Inc. (Stratasys Ltd.), The Exone Company and Ultimaker North America.

Report Coverage: