According to a market report, published by Sheer Analytics and Insights, the total automated 3D printed market was valued at $0.4 billion in 2021 and it is expected to reach $13.1 billion at a CAGR of 34.2% between 2022 and 2032. Over the last few years, the adoption of automated 3D printing is rapidly increasing across various industries. It has constantly experienced a shift from the prototyping and small batches phase to huge production technology.
Therefore, industrial and non-printer vendors have changed their focus toward automation. Some major factors such as the development of hardware beyond standalone systems which are used for prototyping, tooling, single-part production, and the new trend for additive manufacturing are driving new business opportunities for the automated 3D printing market across the globe. Moreover, artificial intelligence and machine learning technologies are increasing in the market and finding their way through many applications in the worldwide additive manufacturing industries. For example, an analyzer from MIT has applied new data-driven nature of machine learning to automate the method of finding new 3D printing material. These have been helping the market to propel significant growth across the globe. Industries such as oil and gas, aerospace, and medical in addition to automotive adopt automated 3D printing, which is gaining market growth across the globe.
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The adoption of automated 3D printing has been growing due to the availability of materials and advancements in 3D printing technologies. 3D printing enables the manufacturing production of personalized products according to the needs and requirements of a person. Furthermore, the manufacturing companies can provide services such as primary design development by designers and allowing the customers to choose and co-design the products according to their choice. At present days, new technological advancements in the 3D printing technologies and decreasing the costs of printers help the manufacturing companies of custom-made products.
The rising demand for 3D printers is expected to become more common due to the increasing use of such technology, along with the expiry of patents. Several companies are uploading their files on websites for customers so they can choose their products according to their usage. Moreover, the companies are providing safe shipments for their customers as well.
Therefore, the rise in adoption of 3D printing has been increased by the purchase rate of a large number of customers. The adoption of 3D scanners is gaining popularity among a large number of customers across various regions. 3D scanners can help an individual customer scan an object and produce a CAD file of a very complex design or shape with less effort. Additionally, the 3D scanner is far better than 2D technologies at present days. Several medical companies across various regions have started using 3D printers to manufacture many healthcare kits and equipment; therefore the increasing usage of this technology is helping the market to gain significant growth during the forecast period.
According to the study, key players dominating the global automated 3D printing market are Stratasys Company (Israel), Redwire Company (U.S), Materialise NV Company (Belgium), 3D System Engineering Company (U.S), GE Multinational Conglomerate Company (U.S), Autodesk Software Company (U.S), EnvisionTEC Company (U.S), Otto GMBH Company (Germany), Voxeljet AG Company (Germany), Optomec Inc Company (U.S), Desktop Metal Manufacturing Company (U.S), General Electric International Benelux BV Company (Sweden), DSM Corporation (Netherlands), Hoganas AB Company (Sweden), Ponoko Limited (New Zealand), Mcor Technologies Limited Company (Ireland), Beijing Tiertime Technology Co. Ltd. Company (China), Shining 3D Technology Co. Ltd. Company (China), Aleph Objects Manufacturing Company (U.S), Anycubic 3D Printer Company (China), VTech Company (China), SLM Solutions Group AG (Germany), Ultimaker 3D Maker Company (Netherlands), Anisoprint SARL (Luxemburg), Nexa 3D Company (U.S), among others.
The Global Automated 3D Printing Market Has Been Segmented Into:
The Global Automated 3D Printing Market, by Offering
The Global Automated 3D Printing Market, by Process
The Global Automated 3D Printing Market, by End User
The Global Automated 3D Printing Market – by Regions:
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