Table of Contents
Overview
Segments
Materials & use
Key companies
1. Overview
Description: The worldwide market for 3D printing products and services was valued at around 12.6 billion U.S. dollars in 2020. The industry is expected to grow at a compound annual growth rate of some 17 percent between 2020 and 2023. General Electric has the most 3D printing patents in the United States.
Description: Between 2020 and 2023, the global additive manufacturing market is expected to grow by some 17 percent annually. Although the 3D printing materials market is currently dominated by plastics, metal materials are projected to spur market growth.
Description: The table shows selected examples for the use of 3D printing technology to produce medical supplies needed during the global coronavirus (COVID-19) pandemic. Currently 3D printing gets mostly used to produce face shields and masks and respirators, but also test swabs for COVID-19 test kits.
Description: In 2019, 81 percent of surveyed Korean companies have applied additive manufacturing technology in their operations and 14 percent of these companies were considering to do so. China had a similar implementation rate: 78 percent of surveyed Chinese companies have already applied additive manufacturing technology and 18 percent were considering to apply it in their operations.
Description: In 2019, over half of all additive manufacturing companies were located in Europe. The Americas contained some 32 percent of additive manufacturing companies worldwide in that year, followed by Asia with a share of 13 percent.
2. Segments
Description: The number of 3D printing and additive manufacturing devices is forecast to grow to more than 2.7 million by 2030, an increase of more than two million compared to 2020. 3D printing and additive manufacturing devices for design purposes make up the largest share of the market in 2020 with 550 thousand devices, followed by the manufacturing and field contexts.
Description: In 2019, some 20 percent of sales revenue in the additive manufacturing market worldwide was generated by the automobile industry. Another 20 percent were generated by the manufacturing industry, while the global aerospace industry accounted for 18 percent of the total sales revenue.
Description: In 2019, over half of the total investments in 3D printing technology went to applied 3D printing and 3D printer manufacturers. Manufacturing platforms received 19 percent of total investments in that year.
Description: As of 2019, the most valuable market for metal 3D printing was North America, with a market value of 133 million U.S. dollars. It was followed by the European market, whose size was estimated at 101 million U.S. dollars. The Chinese market came in fourth, with a value of nearly 30 million U.S. dollars.
3. Materials & use
Description: Between 2018 and 2026, the market for 3D printing materials is expected to grow by 12 percent annually to reach just under four billion U.S. dollars by 2026.
Description: This statistic shows the market revenue of industrial gases used in 3D printing worldwide in 2020, as well as a forecasted figure for 2028. The 3D printing process uses nitrogen, argon, and also gas mixtures. It is forecasted that 3D printing gases will have a global market value of 111.7 million U.S. dollars in 2028.
Description: In February 2021, half of surveyed 3D printing users stated that the COVID-19 pandemic had no effect on their use of 3D printing. While 33 percent of respondents reported an increased usage of 3D printing due to COVID-19, the remaining 17 percent stated that their use of 3D printing decreased.
Description: In 2021, the most commonly used 3D printing technology was fused deposition modeling (FDM)/fused filament fabrication (FFF), with 71 percent of respondents utilizing this technology in house. Selective laser sintering (SLS) was the second most commonly used technology in 2021, with 42 percent of respondents adopting this through external services.
Description: In February 2021, most of surveyed 3D printing users stated that the high costs of 3D printing technology is preventing them from using 3D printing more. 29 percent of respondents identified low quality of printed parts as the main reason for not using 3D printing more.
Description: In 2020, 28 percent of respondents spent between 1,000 and 10,000 U.S. dollars on 3D printing. A further 23 percent of respondents claimed that they had spent over 100,000 U.S. dollars on 3D printing.
Description: In 2021, 36 percent of respondents indicated that one of their leading priorities in relation to 3D printing would be accelerating product development, while 20 percent had a focus of developing customized and limited series products.
Description: In 2019, 72.5 percent of respondents said they were leaving their 3D printing parts raw or unfinished, whilst 62 percent percent cited polishing as a type of finish they used. This is an increase from from the 48 percent who highlighted polishing in 2018 as a method of finishing they used.
Description: In 2020, the most popular use case of 3D printing was prototyping with 68 percent of respondents citing this purpose for 3D printing. Of those surveyed, 59 percent of respondents said they used 3D printing for proof of concept purposes, whilst 49 percent used the technology for production.
4. Key companies
Description: After a yearlong competition with General Electric, HP Inc. became the largest owner of active additive manufacturing patent families in 2021, with approximately 1,399 families owned by the company. Raytheon Technologies and Boing were the third and fourth-largest owners of active additive manufacturing patent families, with 644 and 432 patent families, respectively.The statistic is based on data provided by PatentSight.
Description: 3D Systems Corporation generated around 616 million U.S. dollars in revenue in the 2021 fiscal year. This represents an increase of some 11 percent compared with the previous fiscal year when the company generated about 557 million U.S. dollars in revenue.
Description: 3D Systems Corporation invested some 69 million U.S. dollars in research and development (R&D) activities in the 2021 fiscal year. However, the company’s R&D costs dropped by around seven percent between the 2020 and 2021 fiscal years.
Description: This statistic describes ExOne’s revenue from the fiscal year of 2010 to the fiscal year of 2020. In the fiscal year of 2020, ExOne generated revenue of around 59.3 million U.S. dollars. The ExOne Company was founded in 2005 as part of Extrude Hone Corporation. The enterprise supplies services and systems for manufacturing through products that utilizes 3D printing in sand, metal, glass, as well as laser micromachining, which uses short pulse laser technologies.
Description: This statistic describes ExOne’s expenditure on research and development from the fiscal year of 2010 to the fiscal year of 2020. In the fiscal year of 2020, the ExOne incurred just under nine million in research and development expenses. The ExOne Company was founded in 2005 as part of Extrude Hone Corporation. It supplies services and systems to industrial customers in the area of additive manufacturing.
Description: Stratasys, an American-Israeli manufacturer in the field of 3D printing, generated over 600 million U.S. dollars in revenue in the fiscal year of 2021. The company’s revenue increased by about 17 percent between the 2020 and 2021 fiscal years.
Description: Stratasys Ltd.’s research and development expenses amounted to around 88 million U.S. dollars in the 2021 fiscal year, an increase of about five percent compared with the previous fiscal year. Stratasys is a manufacturer in the field of 3D printing.
Description: The revenue of Protolabs, a U.S.-based manufacturing company using 3D printing, CNC machining, and injection molding, increased between the fiscal years of 2016 and 2021. In the 2021 fiscal year, the company’s revenue peaked at some 488 million U.S. dollars.
Description: Protolabs, a U.S.-based manufacturing company using 3D printing, CNC machining, and injection molding, spent some 44 million U.S. dollars on research and development in the 2021 fiscal year. This translates into an increase of around 11 percent compared with the previous fiscal year.
Description: Materialise is a company in the 3D industry that specializes in 3D printing services and software solutions and caters to a range of industries, including healthcare, automotive, and consumer goods. Materialise was founded in 1990, is headquartered in Belgium, and currently has printing centers located worldwide.
Description: Research and development (R&D) expenditures of Materialise, a company in the 3D industry that specializes in 3D printing services and software solutions, increased between 2018 and 2020. While the company spent around 22.4 million euros on R&D in 2018, the R&D expenses reached 27.1 million euros in 2020.
Source from Statista
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