United States 3D Printing Market Report and Forecast 2024-2032

United States 3D Printing Market Outlook

The United States 3D printing market size reached USD 5.63 billion in 2023. The market is expected to grow at a CAGR of 17.7% between 2024 and 2032, reaching almost USD 25.35 billion by 2032.

Key Takeaways

• Government initiatives in the United States, including funding for research and development by agencies like the National Science Foundation (NSF) and the Department of Defense (DoD), are instrumental in driving progress in additive manufacturing.

• Case studies across different industries have demonstrated that rapid prototyping with 3D printing can reduce average prototyping time by 63%, significantly enhancing the product development process.

• 3D printing, also known as additive manufacturing, revolutionises production by building objects layer by layer from digital designs. Despite its current limitations in speed for large-scale manufacturing, 3D printing offers tremendous potential to transform product development, distribution, and inventory management. Industries like aerospace, automotive, and healthcare are already leveraging 3D printing for prototyping and custom manufacturing, showing its disruptive potential.

The technology's key advantages include rapid prototyping, waste reduction, and the ability to create intricate designs not feasible with traditional methods. This has led to widespread adoption across sectors like manufacturing, healthcare, and architecture, driven by demand for personalised and on-demand production. Businesses benefit from shorter development cycles and the ability to respond swiftly to market needs while driving the United States 3D printing market growth.

Advancements in 3D printing technology, such as faster printing speeds, enhanced accuracy, and a broader range of printable materials, are fuelling market growth. The healthcare industry, in particular, benefits from precise medical implants and prosthetics created using 3D printing.

Government initiatives in the United States, such as funding for research and development through agencies like the national science foundation (NSF) and the Department of Defense (DoD), play a pivotal role in advancing additive manufacturing. Collaborations between government, academia, and industry promote innovation and technology adoption, fostering a supportive environment for 3D printing's expansion.

Regulations and programs like the Manufacturing USA initiative aim to accelerate the adoption of advanced manufacturing technologies like 3D printing through public-private partnerships. These efforts contribute to the evolution of 3D printing as a transformative force in modern manufacturing and innovation and play an important role in the United States 3D printing market development.

Market Segmentation

United States 3D Printing Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments

Market Breakup by Component

• Hardware

• Software

• Services

Market Breakup by Printer Type

• Desktop 3D Printer

• Industrial Printer

Market Breakup by Technology

• Stereolithography

• Fuse Deposition Modelling (FDM)

• Selective Laser Sintering (SLS)

• Direct Metal Laser Sintering (DMLS)

• Polyjet Printing

• Electron Beam Melting (EBM)

• Digital Light Processing

• Others

Market Breakup by Material

• Polymer

• Metal

• Ceramic

• Others

Market Breakup by Process

• Binder Jetting

• Material Extrusion

• Material Jetting

• Powder Bed Fusion

• Vat Photopolymerisation

• Others

Market Breakup by Application

• Prototyping

• Tooling

• Functional Parts

Market Breakup by Industry Vertical

• Automotive

• Aerospace and Defence

• Healthcare

• Consumer Electronics

• Education

• Power and Energy

• Others

Market Breakup by Region

• New England

• Mideast

• Great Lakes

• Plains

• Southeast

• Southwest

• Rocky Mountain

• Far West

Competitive Landscape

Key players in the 3D printing market in United States offer technologically advanced products and services while introducing new products in the market.

• 3D Systems, Inc.

• Stratasys Ltd.

• HP Inc.

• EOS GmbH

• Materialise NV

• Proto Labs, Inc.

• Optomec, Inc.

• Velo3D, Inc.

• Nano Dimension Ltd.

• ExOne Operating, LLC

• Others

Key Highlights of the Report