United States 3d Printing Market to Hit US$ 15.0 Billion by 2028: IMARC Group

IMARC Group, a leading market research company, has recently released a report titled “United States 3D Printing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the United States 3DPrinting market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the United States 3D Printing Market?

The United States 3D printing market size reached US$ 4.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.0 Billion by 2028, exhibiting a growth rate (CAGR) of 21.9% during 2023-2028.

What is 3D Printing?

3D printing, also known as additive manufacturing, is a revolutionary technology that enables the creation of three-dimensional objects layer by layer from a digital design. Its defining characteristic is its layer-by-layer construction method, which distinguishes it from traditional subtractive manufacturing processes. This unique approach allows for intricate and complex geometries that were previously impossible or highly challenging to produce. Key characteristics of 3D printing include versatility, as it can use a wide range of materials, from plastics and metals to ceramics and even food ingredients. This adaptability makes it applicable across diverse industries, including aerospace, healthcare, automotive, and consumer goods. One of the notable features of 3D printing is its ability to reduce material waste significantly, as it only uses the necessary material for building the object, minimizing environmental impact. Additionally, it offers rapid prototyping capabilities, enabling quick design iterations and cost-effective product development.

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What are the Growth Prospects and Trends in the United States 3D Printing Industry?

The burgeoning demand for rapid prototyping and customization in the United States is propelling significant growth in the 3D printing industry. Additionally, federal and state policies promoting innovation and advanced manufacturing techniques have a synergistic effect on the development and adoption of 3D printing technologies. Moreover, industries across the United States are increasingly utilizing 3D printing for its functional attributes, such as material efficiency and the capability to produce complex geometries, thereby diversifying its range of applications. In line with this trend, significant investments in 3D printing technology and research are driving innovations in materials and printing techniques, contributing to market expansion.

Furthermore, professionals across sectors like healthcare, aerospace, and automotive are acknowledging 3D printing as an efficient and sustainable alternative to traditional manufacturing methods, offering extensive opportunities for market growth. This scenario augurs well for the U.S. 3D printing market as it aligns with global trends toward sustainability, customization, and technological advancement.

Who are the Key Players Operating in the United States 3D Printing Market?

The competitive landscape of the industry has also been examined with some of the key players.

• 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
• Ultimaker North America.

What is Included in Market Segmentation?

The report has categorized the market based on component, process, technology, application, vertical and region.

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 Modelling
• 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

Regional Analysis:

• Northeast
• Midwest
• South
• West

Ask Analyst for Customization and Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=3326&flag=C

Key Highlights of The Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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