3D Printing Software & Services Market by Component, Process, End-use, Application

Description

List of Tables

[184 Pages Report] The 3D Printing Software & Services Market size was estimated at USD 17.23 billion in 2023 and expected to reach USD 19.32 billion in 2024, at a CAGR 12.35% to reach USD 38.95 billion by 2030.

3D printing software a broad range of applications designed to facilitate the 3D printing process. This software is crucial for preparing and optimizing digital models for printing and managing the operation of 3D printers. On the other hand, 3D printing services refer to companies or platforms providing on-demand production and prototyping services using 3D printing technology. Such services offer a cost-effective and time-saving solution for individuals and businesses that do not own 3D printers. Growing awareness and acceptance of 3D printing in various industries due to its cost-effectiveness and efficiency has led to the adoption of 3D printing software and services. Furthermore, the incorporation of 3D printing in diverse actors such as healthcare, education, manufacturing, and construction has cemented the growth of the industry. However, technical complications and limitations associated with 3D printing technology impede the widespread adoption of 3D printing software and services. Furthermore, privacy and cybersecurity concerns associated with 3D prints and the risk of intellectual property theft create hurdles for the growth of 3D printing software and services. Key players are exploring the integration of AL and ML models and advanced software algorithms to help businesses comply with industry-specific regulations and overcome concerns related to cybersecurity breaches. Additionally, the rise of cloud-based 3D printing solutions offers scalable, accessible, and secure options for users. The development of patient-specific models for pre-surgical planning and medical education, as well as custom prosthetics and implants, can lead to new avenues of growth for the industry.

KEY MARKET STATISTICS
Base Year [2023]	USD 17.23 billion
Estimated Year [2024]	USD 19.32 billion
Forecast Year [2030]	USD 38.95 billion
CAGR (%)	12.35%

Regional Insights

In the Americas, the US and Canada lead the 3D printing software and services market. Due to the region's strong industrial base and the presence of key market players, customers exhibit a high demand for sophisticated 3D printing solutions. Investments in research and development by large corporations and startups drive the adoption of 3D printing technologies. The European Union is a hub for innovation and advancement in 3D printing, powered by a collaborative approach between governments, educational institutions, and industry leaders. EU customers are focused on sustainability and the potential of 3D printing for manufacturing complex parts. The EU's Horizon 2020 program had dedicated funding to 3D printing projects, illustrating the region's commitment to fostering technological advancements. In the APAC region, China, Japan, and India are the main contributors to the 3D printing market. China's rapid industrial growth and governmental initiatives such as 'Made in China 2025' emphasize the development of advanced manufacturing, including 3D printing. Japan, known for its technological prowess, invests heavily in R&D, subsequently registering numerous patents in 3D printing technologies. India is showing swift progress with initiatives to integrate 3D printing in various industries, such as automotive and healthcare.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the 3D Printing Software & Services Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Increasing application of 3D printing in the automotive industry
- Expanding usage of 3D printing technology in the healthcare sector
- Government initiatives to advance the development of 3D printing services and solutions

Market Restraints
- Technical complexity and limitations of 3D printing software

Market Opportunities
- Ongoing advancements in 3D printing software and services
- Preference for personalization and customization of 3D printing software and solutions

Market Challenges
- Privacy and cybersecurity concerns related to the usage of 3D printing technology

Market Segmentation Analysis
- Component: Innovations and R&D initiatives to improve 3D printing software
- Process: Adoption of direct energy deposition for the repair of high-quality functional components
- End-use: Preference for 3D printing software and services in the automotive sector to ensure precise design of components
- Application: Accelerated advancements in tooling applications through integration of 3D printing technology

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the 3D Printing Software & Services Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the 3D Printing Software & Services Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

1000 Kelvin's AMAIZE AI-powered 3D printing software now commercially available

1000 Kelvin announced the full-scale commercial release of its innovative AI-powered software, AMAIZE, unveiled at Formnext. This advanced solution is tailored for both metal and polymer 3D printing setups and is engineered to streamline the additive manufacturing process significantly. AMAIZE can enable the generation of advanced print recipes using physics-based AI technology for first-time-right 3D printing, thereby negating the necessity for extensive finite element simulations and repetitive prototyping. [Published On: 2023-11-07]

GoEngineer acquires 3D printing service provider Rapid PSI

GoEngineer, which provides a suite of engineering resources and support, successfully completed the acquisition of Rapid PSI, a service provider in the realm of additive manufacturing. This acquisition signifies GoEngineer's commitment to growth in the 3D printing sector, effectively enhancing its offerings and deepening its expertise. This acquisition aims to deliver advanced, comprehensive 3D printing services to fulfill the increasingly complex demands of customers across diverse industries. [Published On: 2023-10-05]

Hexagon Acquires CADS Additive To Enhance Its 3D Printing Software Offerings

Hexagon AB has solidified its portfolio in the 3D printing domain with the acquisition of CADS Additive GmbH, which provides metal additive manufacturing software. Due to the acquisition, the CADS Additive would be seamlessly integrated within Hexagon's Manufacturing Intelligence Division, enhancing the role of CAD tools for the optimization of powder bed fusion (PBF) 3D printing. [Published On: 2023-06-26]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the 3D Printing Software & Services Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the 3D Printing Software & Services Market, highlighting leading vendors and their innovative profiles. These include 3D Systems, Inc., Artec 3D, Autodesk Inc., Canon Inc., Castor Technologies Ltd., General Electric Company, Hexagon AB, Imaginarium, Materialise, Nano Dimension Ltd., Organovo Holdings Inc., Prodways Technologies, Proto Labs Inc., Protolabs, PTC Inc., Redwire Corporation, Sciaky Inc., Shapeways Inc., Star Rapid., Ltd., Stratasys, Ltd., THINK3D, Trimble Inc., Velo3D, Voxeljet AG, and Xometry Inc..

Market Segmentation & Coverage

This research report categorizes the 3D Printing Software & Services Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
- Services
- Software
  - Inspection Software
  - Printer Software
  - Scanning Software
  - Design Software
Process
- Bed Fusion
- Binder Jetting
- Direct Energy Deposition
- Material Extrusion
- Material Jetting
- Powder

End-use
- Aerospace & Defense
- Automotive
- Construction & Architecture
- Consumer Goods
- Education
- Healthcare & Medical
- Industrial

Application
- Functional Part Manufacturing
- Prototyping
- Tooling

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-2E76C3E47F71

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing application of 3D printing in the automotive industry
  - 5.1.1.2. Expanding usage of 3D printing technology in the healthcare sector
  - 5.1.1.3. Government initiatives to advance the development of 3D printing services and solutions
- 5.1.2. Restraints
  - 5.1.2.1. Technical complexity and limitations of 3D printing software
- 5.1.3. Opportunities
  - 5.1.3.1. Ongoing advancements in 3D printing software and services
  - 5.1.3.2. Preference for personalization and customization of 3D printing software and solutions
- 5.1.4. Challenges
  - 5.1.4.1. Privacy and cybersecurity concerns related to the usage of 3D printing technology
5.2. Market Segmentation Analysis
- 5.2.1. Component: Innovations and R&D initiatives to improve 3D printing software
- 5.2.2. Process: Adoption of direct energy deposition for the repair of high-quality functional components
- 5.2.3. End-use: Preference for 3D printing software and services in the automotive sector to ensure precise design of components
- 5.2.4. Application: Accelerated advancements in tooling applications through integration of 3D printing technology
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. 3D Printing Software & Services Market, by Component

6.1. Introduction
6.2. Services
6.3. Software

7. 3D Printing Software & Services Market, by Process

7.1. Introduction
7.2. Bed Fusion
7.3. Binder Jetting
7.4. Direct Energy Deposition
7.5. Material Extrusion
7.6. Material Jetting
7.7. Powder

8. 3D Printing Software & Services Market, by End-use

8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive
8.4. Construction & Architecture
8.5. Consumer Goods
8.6. Education
8.7. Healthcare & Medical
8.8. Industrial

9. 3D Printing Software & Services Market, by Application

9.1. Introduction
9.2. Functional Part Manufacturing
9.3. Prototyping
9.4. Tooling

10. Americas 3D Printing Software & Services Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific 3D Printing Software & Services Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa 3D Printing Software & Services Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. 1000 Kelvin's AMAIZE AI-powered 3D printing software now commercially available
- 13.3.2. GoEngineer acquires 3D printing service provider Rapid PSI
- 13.3.3. Hexagon Acquires CADS Additive To Enhance Its 3D Printing Software Offerings
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio