PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1587653
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1587653
According to Stratistics MRC, the Global Automated 3D Printing Market is accounted for $2.1 billion in 2024 and is expected to reach $14.7 billion by 2030 growing at a CAGR of 38.4% during the forecast period. Automated 3D Printing is a manufacturing process that integrates additive manufacturing with automation technologies to streamline production. It involves robotics, sensors, and software, enabling continuous, unattended printing cycles. This technology is crucial in industries like aerospace, automotive, healthcare, and consumer goods, enabling rapid production of complex parts with minimal downtime. Automated 3D printing systems are often equipped with AI and machine learning capabilities for real-time monitoring, quality assurance, and predictive maintenance, which help in detecting issues early and reducing waste.
According to the World Economic Forum more than 12 million fully autonomous cars are expected to be sold per year-on-year 2035, covering 25% of the global automotive market.
Increasing demand for mass customization and rapid production
Automated 3D printing is gaining popularity in industries like healthcare, automotive, aerospace, and consumer goods due to its ability to produce customized parts quickly and efficiently. This technology supports automated 3D printing by enabling minimal downtime and supporting scalability and flexibility. Moreover traditional manufacturing methods, like injection molding, are not ideal for small-batch production due to high setup costs and long lead times drives the market growth.
Complex and time-consuming integration
Automated 3D printing systems can slow adoption due to their complexity and need for customization, which can be challenging for companies lacking the necessary technical resources. Additionally, the integration process can increase costs and financial barriers, as it requires specialized equipment, custom software, and skilled professionals. This can be prohibitive for small and medium-sized enterprises (SMEs), making it difficult to justify the transition despite its benefits.
Continuous innovations in 3D printing technologies
Advances in hardware, such as faster printers and robotic systems, boost production speed and reduce downtime. Automated systems, coupled with AI and real-time quality monitoring, can quickly identify and rectify issues, making 3D printing more competitive with traditional manufacturing. Additionally, technological improvements in machine learning, AI-driven error detection, and automated quality control systems enhance the accuracy and consistency of 3D-printed parts, making them suitable for high-precision industries.
Limited awareness and understanding
Automated 3D printing's benefits, such as efficiency, scalability, and customization, may not be fully understood by businesses, leading to a slow market penetration. This lack of awareness also inhibits investment and funding, as investors and business leaders may be hesitant to invest in the technology due to limited understanding of its ROI, use cases, and cost-benefit advantages. This can limit the expansion of automated 3D printing solutions and reduce R&D funding for innovation.
The COVID-19 pandemic accelerated the adoption of automated 3D printing as supply chain disruptions highlighted the need for flexible, localized manufacturing solutions. Automated 3D printing enabled rapid production of essential items like PPE, ventilator parts, and testing equipment, showcasing its value in emergency manufacturing. However, economic uncertainty and budget constraints led some industries to defer investments in advanced manufacturing technologies, slowing market growth temporarily.
The multiprocessing segment is expected to be the largest during the forecast period
The multiprocessing is expected to be the largest during the forecast period as it allows for simultaneous task execution, reducing production time and enabling faster product delivery. This enhances scalability and customization, making it suitable for sectors like healthcare and automotive where high-volume production is crucial. This makes automated 3D printing more versatile and attractive to new industries, thereby improving customer satisfaction and meeting demand efficiently.
The electron beam melting segment is expected to have the highest CAGR during the forecast period
The electron beam melting segment is expected to have the highest CAGR during the forecast period as it enables the use of high-performance materials like titanium and cobalt-chromium alloys, is crucial in industries like aerospace, medical implants, and automotive. Its precise melting and solidification processes enhance part quality and mechanical properties, leading to improved density, strength, and fatigue resistance, thus increasing demand for automated 3D printing solutions.
North America is expected to have the largest market share over the projection period because North America has been a pioneer in 3D printing technologies since its inception, with its established infrastructure and early acceptance of automated processes leading to significant market penetration. In addition technological advancements in automation, robotics, and materials science are enhancing the capabilities of automated 3D printing systems, enabling faster production times and complex part manufacturing.
Asia Pacific is anticipated to witness the highest rate of growth during the forecast period owing to governments in the Asia Pacific region are promoting advanced manufacturing technologies through funding, infrastructure development, and policies, encouraging the adoption of automated 3D printing across industries. Rapid industrialization, particularly in automotive, healthcare, and consumer electronics, drives demand for efficient production methods like automated 3D printing, which can produce customized parts and prototypes quickly.
Key players in the market
Some of the key players in Automated 3D Printing Market include 3D Systems Corporation, ABB Group, Authentise Inc., Concept Laser Inc., Coobx AG, DWS Systems, Formlabs, Materialise NV, PostProcess Technologies Inc., Renishaw PLC, SLM Solutions Group AG, Stratasys, The ExOne Company and Universal Robots AS.
In October 2024, ABB announced that it has signed an agreement to acquire Fodisch Group, a leading developer of advanced measurement and analytical solutions for the energy and industrial sectors.
In October 2024, ABB announced it has signed an agreement to acquire Siemens' Wiring Accessories business in China. The acquisition will broaden ABB's market reach and complement its regional customer offering within smart buildings.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.