PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1604560
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1604560
The global 3D printer market is estimated to grow at a CAGR of 12.03% to attain US$9.295 billion in 2030, increasing from US$5.267 billion in 2025.
A 3D printer is a device that can manufacture products by a process known as additive manufacturing, in which a 3D object can be printed layer by layer through a digital 3D model that the user provides. These printers are mainly used by two audiences: higher-end industrial manufacturers and lower-end consumer craftsmen. 3D printers have started to appear in the automotive and aviation industry to produce parts requiring high accuracy levels. NASA has used 3D printing technology to create complicated component geometries. Furthermore, the expansion of the aerospace and defense industries is driving demand for 3D printing technology, which is expected to drive market growth.
Global 3D printer market drivers
A major factor boosting the demand for 3D printers globally is the increasing utilization of 3D printing technologies across multiple industries. 3D printing technology is among the most advanced and latest, transforming virtual projects or designs into reality. This technology offers multiple applications, especially in sectors requiring specialized manufacturing and casting expertise, like aerospace, automotive, manufacturing, and construction.
In the aerospace and defense industry, 3D printing technology offers key applications, from fabricating the outer body layer to developing engine parts. Several companies worldwide have developed new technologies to use 3D printing effectively in various industries. For instance, in May 2024, Agnikul, an Indian aerospace startup, successfully launched its first rocket, which included a fully 3D-printed engine.
Similarly, 3D printing technology also offers key applications in the construction industry. This technology can ensure an effective and faster construction process in this industry. Numerous companies and organizations have created new technologies and solutions, further boosting the use of 3D printing technology in the construction industry. In June 2024, COBOD International, a leading 3D printing solution and technology provider in construction, announced the construction of the first 3D-printed house in the Central Asian region. This house features the capability to withstand an earthquake with an intensity of 7 on the Richter scale.
Global 3D printer market geographical outlook
North America is expected to grow substantially in the 3D printing market, primarily due to the increased government support in this area. Since the customs duties on Electronically Transmitted Products in the US have been reduced to zero, the 3D printing market has become more affordable. The major companies in the 3D printing market include 3D Systems Corporation, Stratasys Ltd., the ExOne Company, etc., all of which are based in the US.
The US aeronautics and space industry has also been using 3D printing technology to produce and develop important hardware and equipment for research. SpaceX claims to have spent several years perfecting the 3D printing technology for flight equipment. Using direct metal laser sintering (DMLS) 3D printing technology, the team 3D printed a SuperDraco engine chamber constructed of Inconel, a high-performance superalloy. SpaceX sent its first 3D-printed rocket engine component on the Falcon 9 rocket for the THAICOM 6 mission.
In recent years, the US Department of Defense has also been employing technologies such as 3D print prototyping and platform modernization to aid in the efficient testing and design of weapons and protective clothing. Rapid prototyping has helped significantly in the success and detection of IEDs. Experts predict that future technical developments will elevate the 3D printer's prominence as an essential part of the development of defense equipment.
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