Global Personal 3D Printers Market Report and Forecast 2024-2032

Global Personal 3D Printers Market Outlook

The global personal 3D printers market size reached approximately USD 2.11 billion in 2023. The market is projected to grow at a CAGR of 13.7% between 2024 and 2032, reaching a value of around USD 4.56 billion by 2032.

Key Trends in the Market

Personal 3D printers are compact, user-friendly devices that are designed for individual or small-scale applications. They are capable of creating three-dimensional objects by adding material layer by layer, a process known as additive manufacturing. These printers operate on the principle of additive manufacturing, where material is deposited in layers to build up the final object.

• One of the major personal 3D printers market trends is notable advancements in printing technology, including higher print resolutions and faster printing speeds. These improvements collectively enable users to create more intricate and detailed 3D prints with greater accuracy and consistency.

• In recent years, personal 3D printers have become notably more affordable and accessible. This shift, driven by significant technological advancements and the increasing number of manufacturers, has significantly enhanced the global personal 3D printers market growth. As a result, a wider range of consumers now have the opportunity to own and use 3D printers at varying price points.

• The availability of a wide range of compatible materials with personal 3D printers has expanded the global personal 3D printers market demand. Originally limited to plastics like PLA and ABS, modern printers can now handle a much broader array of materials, including metals, ceramics, and composites. This development has opened up new avenues for producing functional and end-use parts.

Market Analysis

Based on type, the market can be segmented into hardware, software, and services. The global personal 3D printers market segmentation, based on material, includes plastic, metal, and resins, among others. The market, based on technology, is categorised into fused deposition modelling (FDM), stereolithography (SLA), digital light processing (DLP), selective laser sintering (SLS), and selective deposition lamination, among others.

Based on the end-use, the global market is divided into aerospace, automotive and defence, healthcare, and construction, among others. The major regional markets for personal 3D printers are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global personal 3D printers market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

• Stratasys Ltd.

• 3D Systems, Inc.

• Robo 3D Inc.

• Sindoh Co., Ltd.

• Prusa Research a.s.

• Desktop Metal, Inc. (ENVISIONTEC)

• Shenzhen Creality 3D Technology Co., Ltd.

• MakerBot Industries, LLC 

• Autodesk Inc.

• Others

Market Share by Type

According to the global personal 3D printers market analysis, hardware is likely to be in high demand during the forecast period. This development can be attributed to the increasing integration of 3D printing into curriculums by educational institutions at various levels, ranging from schools to universities. Personal 3D printers are increasingly used as educational tools to teach concepts related to design, engineering, and manufacturing.

In addition, the consumer market for personal 3D printers is also expected to expand in the coming years. More individuals, hobbyists, and DIY enthusiasts are recognising the value and versatility of 3D printing technology for creating custom objects, prototypes, and various creative projects at home.

Market Share by Region

The rapid expansion in the Asia Pacific region is expected to significantly influence the global personal 3D printers market share in the coming years. Notably, countries like China and India are poised to make substantial investments in advancing various automotive technologies. Additionally, the expiration of critical patents associated with 3D printing methods has spurred the entry of manufacturers and start-ups into this regional market. Beyond these factors, a reduction in the cost of 3D printers is expected to boost the demand for 3D printing.

Competitive Landscape

Stratasys Ltd. is a leading global provider of 3D printing and additive manufacturing solutions. The company was founded in 1989 and is headquartered in Eden Prairie, Minnesota, USA. Stratasys is considered a pioneer in the field of 3D printing and has played a significant role in advancing the technology over the years. The company specialises in additive manufacturing, Industry 4.0, carbon fibre, materials, filament, and online 3D printing services, among others.

3D Systems, Inc. is a renowned global provider of 3D printing and additive manufacturing solutions. The company, since the beginning of its operations in 1986, has developed expertise in rapid prototyping, rapid manufacturing, additive fabrication, stereolithography, selective laser sintering, SLA, SLS, 3D printing, and CAD design productivity tools, among others.

Robo 3D Inc. is an American company specialising in the production of 3D printers and related technologies. Established in 2012, the company is based in San Diego, California. Robo 3D is known for its user-friendly and accessible approach to 3D printing, making it an attractive option for both beginners and experienced users.

Other global personal 3D printers market players include Sindoh Co., Ltd., Prusa Research a.s., Desktop Metal, Inc. (ENVISIONTEC), Shenzhen Creality 3D Technology Co., Ltd., MakerBot Industries, LLC, and Autodesk Inc., among others.

Key Highlights of the Report