Top 10 Companies Dominating the Global 3D Printing Market Landscape

The global 3D printing market size reached approximately USD 20.60 billion in 2023. The market is further projected to grow at a CAGR of 22.1% between 2024 and 2032, reaching a value of USD 124.24 billion by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by the increasing technological advancements.

3D printing, also known as additive printing, refers to the making of three-dimensional objects by laying down successive layers of material. The faster processes, low fixed setup costs and ability to create complex geometries with several types of materials are increasing its adoption on a global scale. As of February 2023, approximately 71% of people globally use 3D printers.

In the automobile sector, manufacturers adopt 3D printing to rapidly prototype designs and to create detailed scale models of structures. In 2023, the automotive sector generated more than 23% of the total revenue in the 3D printing sector.

Additionally, healthcare professionals are increasingly adopting the technology to make prosthetics, dental implants, and the creation of organ tissue. Hence, the expansion of the healthcare sector is catering to the significant 3D printing market growth.

As per the 3D printing market analysis, the increasing adoption of technologies is contributing to market growth. Technologies such as artificial intelligence (AI) and smart materials (4D printing), is playing a pivotal role in transforming the market. AI enabled technologies such as in-print monitoring improve the process’ consistency and quality control and can streamline the tools and enable print optimisation. United States and Europe are key regions leading the innovations in 3D printing. Some of the other key countries engaged in innovations are Japan, China, South Korea, Germany, and France.

In April 2024, UltiMaker, a global leader in 3D printing announced the launch of UltiMaker Factor 4 industrial-grade 3D printer. The printer, with a temperature-controlled build volume of 330 x 240 x 300 mm and uniform bed heating is developed for light industrial applications.

In February 2022, Mitsubishi Electric Corporation announced the company’s release of two models of the "AZ600" wire-laser metal 3D printer. The printer melts welding wire with a laser beam enabling the creation of high-quality 3D structures.

Top 10 3D Printing Companies in the World:

3D Systems, Inc.

3D Systems operates through subsidiaries in North America, South America, Europe and the Middle East, Asia Pacific and Oceania, and Africa to provide 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, and digital design tools. The company provides its solutions for the healthcare (personalized health services, dental, medical devices, and regenerative medicine), and industrial sectors.

Xometry, Inc.

Xometry is a renowned AI-enabled marketplace for on-demand manufacturing company. The company is publicly listed on NASDAQ under the symbol XMTR. The company provides additive manufacturing, plastic part production, CNC machining, sheet and tube fabrication, metal part production, and value-added solutions for industries including electronics and semiconductors, energy, aerospace and defence, automotive, robotics, consumer products, design agencies, education, hardware startups, industrial, lighting, medical and dental, and supply chain and purchasing sectors. 

Stratasys Ltd.

Stratasys Ltd. is an industrial machinery manufacturing company, majorly engaged in 3D printing. The company’s 3D printing catalogue includes PolyJet™ Printers, Stereolithography Printers, FDM Printers, P3™ DLP Printers, SAF™ Printers, etc. The company provides its solutions for the automotive, aerospace, education, consumer products, medical, dental, art and fashion sectors. The company provides competitive advantages at every production stage through smart and connected 3D printers, polymer materials, software ecosystem, and parts on demand.

Proto Labs, Inc.

Proto Labs, Inc, is a renowned manufacturer of custom parts. The company makes use of injection moulding, computer numerical control (CNC) machining, 3D printing and sheet metal fabrication to develop custom parts for customers. Since its establishment, the company has manufactured more than 450 million parts and have analysed over 13 million unique part designs. The company conducts its operations in the United States and Europe.

Velo3D, Inc.

Velo3D is primarily engaged in providing 3D printing solutions for mission-critical parts. The company provides its solutions to the aerospace, defence, and energy sectors. Some of the key customers of the company include SpaceX, Honeywell, and Lam Research. Valeo3D sells its fully integrated hardware and software AM solutions through transaction models such as 3D Printer sale transaction and a recurring payment transaction.

Desktop Metal, Inc.

The company is primarily focused on Additive Manufacturing 2.0, the volume production of end-use parts. Desktop Metal offers integrated additive manufacturing solutions comprised of hardware, software, materials, and services with support for metals, polymers, elastomers, ceramics, sands, composites, and biocompatible materials. The company caters to industries such as machine design, education, automotive, consumer goods, heavy industry, and manufacturing tooling. The company’s distribution network involves 40 countries across the globe.

Materialise NV

Materialise is a 3D printing technology company active in 21 countries across the globe. The company has more than 485+ patents granted. In 2022, the company printed over 2.2 million parts, and helped more than 50,000 patients in the same year. The company specialises in rapid prototyping and manufacturing, digital CAD, medical image-based manufacturing, software for additive manufacturing, and 3D printing.

Nano Dimension Ltd

The company provides rapid prototyping, high-mix-low-volume production, IP security, minimal environmental footprint, and design-for-manufacturing capabilities through its comprehensive portfolio. Nano Dimension has provided services to over 2,000 customers across markets such as aerospace and defence, advanced automotive, high-tech industrial, speciality medical technology, R&D, and academia. The company is listed on NASDAQ with the symbol NNDM. The company boasts 24 patents and new applications every month, driving significant innovations.

Shapeways, Inc.

The company offers a digital manufacturing platform and has produced over 21 million components utilizing 11 different technologies, 90 different materials, and finishes for over a million customers worldwide. The NYSE lists Shapeways as a publicly traded company with the ticker SHPW. The business provides services to the gaming, education, healthcare, consumer, robotics, architecture, aerospace, and jewelry industries.

Markforged, Inc.

Markforged is a technology company providing solutions across industries including consumer packaged goods, aerospace, automotive, education and research, medical, etc. The portfolio of 3D printers includes Metal X™ System PX100™, FX10™, FX20™, X7™, X3™, Mark Two™, Onyx Pro™, Onyx One™. Globally, over 70 countries innovate making use of the company’s platforms. Since its establishment, Markforged has printed more than 10 million parts. The company has the presence of remote teams and partners across the Asia, US, Canada, Europe, the UK, and Australia.