PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1371869
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1371869
3D Technology Market Forecasts to 2030 - Global Analysis By Product (3D Printing, 3D Glasses and Other Products), By Application (Media & Entertainment, Automotive, Industrial, Healthcare and Other Applications) and By Geography
According to Stratistics MRC, the Global 3D Technology Market is accounted for $283.7 billion in 2023 and is expected to reach $920.1 billion by 2030 growing at a CAGR of 18.3% during the forecast period. The 3D technology market is an industry focused on creating, developing, and utilizing three-dimensional technology solutions. This encompasses a wide range of applications, from 3D printing and 3D modeling to virtual reality (VR), augmented reality (AR), and 3D scanning. Its uses span various sectors, including healthcare (medical imaging and surgical planning), entertainment (gaming and immersive experiences), manufacturing (prototyping and customization), and architecture (visualization and design).
According to the India Brand Equity Foundation, 3D Technology in the Indian medical devices market was valued at US$ 11 Bn in 2022 and is expected to reach US$ 50 Bn by 2030.
Market Dynamics:
Driver:
Growing entertainment and adoption in gaming industry
As the gaming industry continues to expand and innovate, demand for immersive and visually captivating experiences has surged. This demand has led to advancements in 3D technology, including graphics rendering, virtual reality, and augmented reality, enhancing the overall gaming experience. Moreover, the adoption of 3D technology extends beyond gaming, finding applications in various industries like healthcare, education, and design. This expanding user base and diversification of use cases are fueling the growth of the 3D technology market, making it a thriving and dynamic sector.
Restraint:
Implementing requires significant investment
Implementing 3D technology entails a range of expenses, including the purchase of specialized hardware and software, staff training, and often infrastructure upgrades. These costs can be particularly daunting for small and medium-sized businesses, startups, and individual consumers. The high price tag associated with 3D technology adoption acts as a barrier to entry, limiting the market's accessibility. Moreover, the cost factor extends beyond the initial investment. Maintenance, updates, and ongoing support for 3D systems can also strain budgets over time.
Opportunity:
Growing popularity in creating interactive product displays
In an increasingly digital and e-commerce-driven world, businesses are seeking innovative ways to engage and captivate consumers. Interactive product displays leverage 3D technology to provide immersive and engaging experiences, allowing customers to interact with and explore products virtually. These displays enable potential buyers to view products from various angles, manipulate them, and even experience their functionalities in a virtual environment. This not only enhances the customer's understanding of the product but also fosters a deeper emotional connection, leading to increased purchase intent.
Threat:
Intellectual property and copyright infringements
The ease of 3D scanning and digital replication technologies makes it relatively simple for individuals or entities to copy and distribute 3D models, designs, and patented technologies without proper authorization. This rampant infringement not only undermines the value of intellectual property but also hampers innovation and discourages investment in research and development. For businesses and creators, protecting their intellectual property becomes a complex challenge. They must implement robust strategies for monitoring and enforcing their rights in a digital landscape where infringement can occur globally and at a rapid pace.
COVID-19 Impact:
The COVID-19 pandemic had a multifaceted impact on the 3D technology market. Initially, global supply chain disruptions and lockdowns hindered the production and distribution of 3D hardware and software components, causing temporary setbacks. However, as the pandemic unfolded, 3D technology found novel applications in healthcare, enabling the rapid development of 3D-printed ventilator parts, face shields, and medical models. Additionally, the increased demand for virtual meetings and remote collaboration fueled the adoption of 3D virtual environments and augmented reality tools.
The 3D glasses segment is expected to be the largest during the forecast period
3D glasses have been a pivotal component of the 3D technology market, enhancing the immersive experience in various applications and expected to hold a significant share. These glasses, often polarized or active-shutter types, enable viewers to perceive depth and dimension in 3D content. They have been popular in cinema and gaming for creating a more immersive experience. This is partly because of the inconvenience of wearing glasses and the emergence of auto stereoscopic displays that eliminate the need for them. Nonetheless, 3D glasses still play a role in specific niche markets, and their future may depend on continued innovations and evolving consumer preferences.
The media & entertainment segment is expected to have the highest CAGR during the forecast period
During the anticipated period, the media & entertainment segment is expected to increase at the most effective rate. This innovation has revolutionized how content is created and consumed, offering immersive and visually stunning experiences to audiences. From 3D movies and gaming to virtual reality (VR) and augmented reality (AR) applications, the market has seen rapid growth. The adoption of 3D technology has not only enhanced the quality of content but also opened up new avenues for creativity and storytelling. Additionally, advancements in 3D printing have allowed for the production of customized merchandise and collectibles related to media properties.
Region with largest share:
North America stands at the forefront of the 3D technology market, boasting a thriving ecosystem of innovation and adoption. The region has witnessed widespread integration of 3D technology across various sectors, including entertainment, healthcare, aerospace, and manufacturing. In the media and entertainment industry, 3D cinema experiences, augmented reality (AR), and virtual reality (VR) applications have captivated audiences, driving both content creation and consumption. Additionally, North America is a hotbed for 3D printing technology, with numerous companies pioneering advancements in additive manufacturing techniques and materials.
Region with highest CAGR:
The Asia Pacific region has emerged as a dynamic hub for the 3D technology market, witnessing substantial growth and innovation. With a burgeoning consumer base, increasing disposable incomes, and a growing appetite for immersive experiences, the region has become a focal point for 3D technology adoption across various sectors. In the media and entertainment industry, 3D cinema, virtual reality (VR), and augmented reality (AR) applications have gained significant traction, offering captivating experiences to audiences. Moreover, Asia Pacific is a prominent manufacturing hub for 3D hardware components and equipment, contributing to the global supply chain.
Key players in the market:
Some of the key players in 3D Technology Market include: 3D Systems, Inc., Sherwin-Williams, American Paper Optics, Autodesk Inc., BASF, TomTec Imaging Systems GmbH, Sony Corporation, ExOne Company, Faro Technologies, Inc., Stratasys Ltd., Hexagon AB, HP Development Company, L.P., Panasonic Corporation, PPG Industrial Coatings, Valspar, Vicon Motion Systems Ltd. and Voxel8, Inc.
Key Developments:
In April 2023, Nexa3D, the industry pioneer in ultrafast polymer 3D printing, announced that it had successfully acquired Addifab, the inventor of Freeform Injection Moulding. This proprietary and patented digital tooling process combines the design flexibility of 3D printing with the mechanical performance of injection molding using a vast array of tried-and-true engineering materials.
In November 2022, Melexis launched a new line of 3D magnetic position sensors called the MLX9042x series. These sensors are created for budget-conscious automotive customers who require absolute position measurement in difficult, noisy environments over a wide temperature range.
In June 2022, Mitsubishi Electric Corporation's "AZ600" wire-laser metal 3D printer, which uses a laser beam to melt welding wire to create high-quality 3D constructions. Digital additive manufacturing technology's simultaneous 5-axis spatial control and coordinated management of machining parameters enable stable, high-quality 3D printing.
Products Covered:
- 3D Printing
- 3D Glasses
- Active Glasses
- 3D Display
- 3D Imaging
- 3D Camera
- Other Products
Applications Covered:
- Media & Entertainment
- Automotive
- Industrial
- Healthcare
- Military and Defense
- Manufacturing
- Architecture
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Application Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global 3D Technology Market, By Product
- 5.1 Introduction
- 5.2 3D Printing
- 5.3 3D Glasses
- 5.4 3D Display
- 5.5 3D Imaging
- 5.6 3D Camera
- 5.7 Other Products
6 Global 3D Technology Market, By Application
- 6.1 Introduction
- 6.2 Media & Entertainment
- 6.3 Automotive
- 6.4 Industrial
- 6.5 Healthcare
- 6.6 Military and Defense
- 6.7 Manufacturing
- 6.8 Architecture
- 6.9 Other Applications
7 Global 3D Technology Market, By Geography
- 7.1 Introduction
- 7.2 North America
- 7.2.1 US
- 7.2.2 Canada
- 7.2.3 Mexico
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 Italy
- 7.3.4 France
- 7.3.5 Spain
- 7.3.6 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 New Zealand
- 7.4.6 South Korea
- 7.4.7 Rest of Asia Pacific
- 7.5 South America
- 7.5.1 Argentina
- 7.5.2 Brazil
- 7.5.3 Chile
- 7.5.4 Rest of South America
- 7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 Qatar
- 7.6.4 South Africa
- 7.6.5 Rest of Middle East & Africa
8 Key Developments
- 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 8.2 Acquisitions & Mergers
- 8.3 New Product Launch
- 8.4 Expansions
- 8.5 Other Key Strategies
9 Company Profiling
- 9.1 3D Systems, Inc.
- 9.2 Sherwin-Williams
- 9.3 American Paper Optics
- 9.4 Autodesk Inc.
- 9.5 BASF
- 9.6 TomTec Imaging Systems GmbH
- 9.7 Sony Corporation
- 9.8 ExOne Company
- 9.9 Faro Technologies, Inc.
- 9.10 Stratasys Ltd.
- 9.11 Hexagon AB
- 9.12 HP Development Company, L.P.
- 9.13 Panasonic Corporation
- 9.14 PPG Industrial Coatings
- 9.15 Valspar
- 9.16 Vicon Motion Systems Ltd.
- 9.17 Voxel8, Inc.
List of Tables
- Table 1 Global 3D Technology Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global 3D Technology Market Outlook, By Product (2021-2030) ($MN)
- Table 3 Global 3D Technology Market Outlook, By 3D Printing (2021-2030) ($MN)
- Table 4 Global 3D Technology Market Outlook, By 3D Glasses (2021-2030) ($MN)
- Table 5 Global 3D Technology Market Outlook, By 3D Display (2021-2030) ($MN)
- Table 6 Global 3D Technology Market Outlook, By 3D Imaging (2021-2030) ($MN)
- Table 7 Global 3D Technology Market Outlook, By 3D Camera (2021-2030) ($MN)
- Table 8 Global 3D Technology Market Outlook, By Other Products (2021-2030) ($MN)
- Table 9 Global 3D Technology Market Outlook, By Application (2021-2030) ($MN)
- Table 10 Global 3D Technology Market Outlook, By Media & Entertainment (2021-2030) ($MN)
- Table 11 Global 3D Technology Market Outlook, By Automotive (2021-2030) ($MN)
- Table 12 Global 3D Technology Market Outlook, By Industrial (2021-2030) ($MN)
- Table 13 Global 3D Technology Market Outlook, By Healthcare (2021-2030) ($MN)
- Table 14 Global 3D Technology Market Outlook, By Military and Defense (2021-2030) ($MN)
- Table 15 Global 3D Technology Market Outlook, By Manufacturing (2021-2030) ($MN)
- Table 16 Global 3D Technology Market Outlook, By Architecture (2021-2030) ($MN)
- Table 17 Global 3D Technology Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 18 North America 3D Technology Market Outlook, By Country (2021-2030) ($MN)
- Table 19 North America 3D Technology Market Outlook, By Product (2021-2030) ($MN)
- Table 20 North America 3D Technology Market Outlook, By 3D Printing (2021-2030) ($MN)
- Table 21 North America 3D Technology Market Outlook, By 3D Glasses (2021-2030) ($MN)
- Table 22 North America 3D Technology Market Outlook, By 3D Display (2021-2030) ($MN)
- Table 23 North America 3D Technology Market Outlook, By 3D Imaging (2021-2030) ($MN)
- Table 24 North America 3D Technology Market Outlook, By 3D Camera (2021-2030) ($MN)
- Table 25 North America 3D Technology Market Outlook, By Other Products (2021-2030) ($MN)
- Table 26 North America 3D Technology Market Outlook, By Application (2021-2030) ($MN)
- Table 27 North America 3D Technology Market Outlook, By Media & Entertainment (2021-2030) ($MN)
- Table 28 North America 3D Technology Market Outlook, By Automotive (2021-2030) ($MN)
- Table 29 North America 3D Technology Market Outlook, By Industrial (2021-2030) ($MN)
- Table 30 North America 3D Technology Market Outlook, By Healthcare (2021-2030) ($MN)
- Table 31 North America 3D Technology Market Outlook, By Military and Defense (2021-2030) ($MN)
- Table 32 North America 3D Technology Market Outlook, By Manufacturing (2021-2030) ($MN)
- Table 33 North America 3D Technology Market Outlook, By Architecture (2021-2030) ($MN)
- Table 34 North America 3D Technology Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 35 Europe 3D Technology Market Outlook, By Country (2021-2030) ($MN)
- Table 36 Europe 3D Technology Market Outlook, By Product (2021-2030) ($MN)
- Table 37 Europe 3D Technology Market Outlook, By 3D Printing (2021-2030) ($MN)
- Table 38 Europe 3D Technology Market Outlook, By 3D Glasses (2021-2030) ($MN)
- Table 39 Europe 3D Technology Market Outlook, By 3D Display (2021-2030) ($MN)
- Table 40 Europe 3D Technology Market Outlook, By 3D Imaging (2021-2030) ($MN)
- Table 41 Europe 3D Technology Market Outlook, By 3D Camera (2021-2030) ($MN)
- Table 42 Europe 3D Technology Market Outlook, By Other Products (2021-2030) ($MN)
- Table 43 Europe 3D Technology Market Outlook, By Application (2021-2030) ($MN)
- Table 44 Europe 3D Technology Market Outlook, By Media & Entertainment (2021-2030) ($MN)
- Table 45 Europe 3D Technology Market Outlook, By Automotive (2021-2030) ($MN)
- Table 46 Europe 3D Technology Market Outlook, By Industrial (2021-2030) ($MN)
- Table 47 Europe 3D Technology Market Outlook, By Healthcare (2021-2030) ($MN)
- Table 48 Europe 3D Technology Market Outlook, By Military and Defense (2021-2030) ($MN)
- Table 49 Europe 3D Technology Market Outlook, By Manufacturing (2021-2030) ($MN)
- Table 50 Europe 3D Technology Market Outlook, By Architecture (2021-2030) ($MN)
- Table 51 Europe 3D Technology Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 52 Asia Pacific 3D Technology Market Outlook, By Country (2021-2030) ($MN)
- Table 53 Asia Pacific 3D Technology Market Outlook, By Product (2021-2030) ($MN)
- Table 54 Asia Pacific 3D Technology Market Outlook, By 3D Printing (2021-2030) ($MN)
- Table 55 Asia Pacific 3D Technology Market Outlook, By 3D Glasses (2021-2030) ($MN)
- Table 56 Asia Pacific 3D Technology Market Outlook, By 3D Display (2021-2030) ($MN)
- Table 57 Asia Pacific 3D Technology Market Outlook, By 3D Imaging (2021-2030) ($MN)
- Table 58 Asia Pacific 3D Technology Market Outlook, By 3D Camera (2021-2030) ($MN)
- Table 59 Asia Pacific 3D Technology Market Outlook, By Other Products (2021-2030) ($MN)
- Table 60 Asia Pacific 3D Technology Market Outlook, By Application (2021-2030) ($MN)
- Table 61 Asia Pacific 3D Technology Market Outlook, By Media & Entertainment (2021-2030) ($MN)
- Table 62 Asia Pacific 3D Technology Market Outlook, By Automotive (2021-2030) ($MN)
- Table 63 Asia Pacific 3D Technology Market Outlook, By Industrial (2021-2030) ($MN)
- Table 64 Asia Pacific 3D Technology Market Outlook, By Healthcare (2021-2030) ($MN)
- Table 65 Asia Pacific 3D Technology Market Outlook, By Military and Defense (2021-2030) ($MN)
- Table 66 Asia Pacific 3D Technology Market Outlook, By Manufacturing (2021-2030) ($MN)
- Table 67 Asia Pacific 3D Technology Market Outlook, By Architecture (2021-2030) ($MN)
- Table 68 Asia Pacific 3D Technology Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 69 South America 3D Technology Market Outlook, By Country (2021-2030) ($MN)
- Table 70 South America 3D Technology Market Outlook, By Product (2021-2030) ($MN)
- Table 71 South America 3D Technology Market Outlook, By 3D Printing (2021-2030) ($MN)
- Table 72 South America 3D Technology Market Outlook, By 3D Glasses (2021-2030) ($MN)
- Table 73 South America 3D Technology Market Outlook, By 3D Display (2021-2030) ($MN)
- Table 74 South America 3D Technology Market Outlook, By 3D Imaging (2021-2030) ($MN)
- Table 75 South America 3D Technology Market Outlook, By 3D Camera (2021-2030) ($MN)
- Table 76 South America 3D Technology Market Outlook, By Other Products (2021-2030) ($MN)
- Table 77 South America 3D Technology Market Outlook, By Application (2021-2030) ($MN)
- Table 78 South America 3D Technology Market Outlook, By Media & Entertainment (2021-2030) ($MN)
- Table 79 South America 3D Technology Market Outlook, By Automotive (2021-2030) ($MN)
- Table 80 South America 3D Technology Market Outlook, By Industrial (2021-2030) ($MN)
- Table 81 South America 3D Technology Market Outlook, By Healthcare (2021-2030) ($MN)
- Table 82 South America 3D Technology Market Outlook, By Military and Defense (2021-2030) ($MN)
- Table 83 South America 3D Technology Market Outlook, By Manufacturing (2021-2030) ($MN)
- Table 84 South America 3D Technology Market Outlook, By Architecture (2021-2030) ($MN)
- Table 85 South America 3D Technology Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 86 Middle East & Africa 3D Technology Market Outlook, By Country (2021-2030) ($MN)
- Table 87 Middle East & Africa 3D Technology Market Outlook, By Product (2021-2030) ($MN)
- Table 88 Middle East & Africa 3D Technology Market Outlook, By 3D Printing (2021-2030) ($MN)
- Table 89 Middle East & Africa 3D Technology Market Outlook, By 3D Glasses (2021-2030) ($MN)
- Table 90 Middle East & Africa 3D Technology Market Outlook, By 3D Display (2021-2030) ($MN)
- Table 91 Middle East & Africa 3D Technology Market Outlook, By 3D Imaging (2021-2030) ($MN)
- Table 92 Middle East & Africa 3D Technology Market Outlook, By 3D Camera (2021-2030) ($MN)
- Table 93 Middle East & Africa 3D Technology Market Outlook, By Other Products (2021-2030) ($MN)
- Table 94 Middle East & Africa 3D Technology Market Outlook, By Application (2021-2030) ($MN)
- Table 95 Middle East & Africa 3D Technology Market Outlook, By Media & Entertainment (2021-2030) ($MN)
- Table 96 Middle East & Africa 3D Technology Market Outlook, By Automotive (2021-2030) ($MN)
- Table 97 Middle East & Africa 3D Technology Market Outlook, By Industrial (2021-2030) ($MN)
- Table 98 Middle East & Africa 3D Technology Market Outlook, By Healthcare (2021-2030) ($MN)
- Table 99 Middle East & Africa 3D Technology Market Outlook, By Military and Defense (2021-2030) ($MN)
- Table 100 Middle East & Africa 3D Technology Market Outlook, By Manufacturing (2021-2030) ($MN)
- Table 101 Middle East & Africa 3D Technology Market Outlook, By Architecture (2021-2030) ($MN)
- Table 102 Middle East & Africa 3D Technology Market Outlook, By Other Applications (2021-2030) ($MN)
