Global Automated 3D Printing Market Size By Offering (Software, Hardware), By Process (Multi-Processing, Post-Processing, Automated Production), By End-User (Healthcare, Automotive), By Geographic Scope And Forecast
Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Automated 3D Printing Market Size By Offering (Software, Hardware), By Process (Multi-Processing, Post-Processing, Automated Production), By End-User (Healthcare, Automotive), By Geographic Scope And Forecast
Automated 3D Printing Market Size And Forecast
Automated 3D Printing Market size was valued at USD 148.13 Million in 2022 and is projected to reach USD 12,767.49 Million by 2030, growing at a CAGR of 64.08% from 2023 to 2030.
The industry is increasing because distributors are combining simulation software with their robotic 3D technologies. Even with the increased usage of robotics for industrial automation and the growing demand for process optimization, the Automated 3D Printing Market experiencing growth. The Global Automated 3D Printing Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Automated 3D Printing Market Definition
The employment of robotic systems to computerize 3D printing is referred to as “automated 3D printing.” Automation is the most crucial component of the production process. Efficiency and consistent end-to-end competence are both guaranteed by automated 3D printing. It makes it possible to produce durable designs at a reasonable price. The usage of automated 3D printers is expanding as a result of the versatility and simplicity of these robots, which make projects possible to complete more quickly. Automated 3D printing has applications in a variety of industries, including automotive, consumer products, energy, universal health care, and aerospace & defense.
The advantages of automated 3D printing include its precision, production capacity, and larger production runs. The global automated 3D printing industry includes the provision of raw materials, post-processing, the device, and the robotic or electrical systems that link each unit. Multiprocessing, Material Handling, Post Processing, Part Handling, and Automated Production are the different segments of the global Automated 3D Printing Market. Post-processing in 3D printing refers to any operation used to further enhance the product as well as any method or activity that must be applied to a printed element.
Multi-processing is a cutting-edge manufacturing technique that uses various materials in the exact same order to create an object. Robotics in the workplace is an effort to demonstrate that it is an economically feasible method for businesses to achieve digitization. Prototyping and additive manufacturing technologies both employ 3D printing. Any type of item’s shape or geometry can be produced, and it is typically done utilizing digital model data from a 3D model or even another electronic data source.
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Global Automated 3D Printing Market Overview
The development of approaches that would appeal to the demand for automation in 3D printing has been the focus of research from all around the world. One such approach was combining robotics technology with 3D printing to simplify jobs that were previously difficult and did not have much appeal. Additionally, the industry is expanding as a result of distributors integrating simulation software with their robotic 3D technologies. Even with the increased usage of robotics for industrial automation and the growing demand for process optimization, the Automated 3D Printing Market experiencing growth.
Additionally, it is projected that increased competition in manufacturing costs and productivity will fuel the industry. Additionally, free-form production using a multi-axis robot may be set up in environments where 3D printers must be placed at various angles and in multiple directions, expanding the ability to create complex figures. This, together with the robot’s potential to manage raw materials well, is what propels its rise in industrial firms. The high cost of 3D printers is one of the major inhibitors in the worldwide Automated 3D Printing Market.
For example, expensive procedures like a laser beam, droplet deposition, photopolymerization, electron beam, and stereolithography are used. Commercial and industrial printers cost more than $10,000, trying to make them prohibitively expensive for most facilities. These printers are frequently utilized in the healthcare sector. The expensive cost of 3D printers is a significant obstacle to wider deployment, even though they can dramatically reduce the cost of finished goods and boost productivity.
The rapidly expanding market is significantly influenced by the expanding use of 3D printing technology in the automotive and healthcare sectors. The wide range of uses for 3D printing can be attributed to its expanding popularity. With the aid of a 3D printer and body-derived material as a layout, engineers from South Korea’s Pohang University of Science and Technology have successfully modified “bio-blood vessels.”
Global Automated 3D Printing Market Segmentation Analysis
The Global Automated 3D Printing Market is Segmented on the basis of Offering, Process, End-User, And Geography.
Automated 3D Printing Market, By Offering
- Hardware
- Software
- Services
Based on Offering, The market is segmented into Software, Hardware, and Services. The Hardware segment has the highest CAGR in the global market because it is adaptable and easy to use, which enables faster completion of tasks while others take a long time to complete the task within the planned period.
Automated 3D Printing Market, By Process
- Multiprocessing
- Post-Processing
- Automated Production
- Part Handling
- Material Handling
Based on Process, The market is segmented into Multi-Processing, Post-Processing, Automated Production, Part Handling, and Material Handling. Multi-Processing has the largest segment of the global market because it provides beneficial services such as robotic placement, metalworking, and clipping. All of this has led to a significant increase in the use of automation in 3D printing for multiprocessing during the forecasted period.
Automated 3D Printing Market, By End-User
- Aerospace & Defense
- Automotive
- Industrial-Manufacturing, High-Tech Equipment, and Engineering
- Healthcare
- Others
Based on End-User, The market is segmented into Healthcare, Automotive, Industrial- Manufacturing, High Tech Equipment and Engineering, Aerospace & Defence, and Others. Healthcare has the highest segment of the global Automated 3D Printing Market due to the high deployment expense of the automated 3D printing system in market growth, while shorter production times, reduced costs, and enhanced operating efficiency all are making contributions to the segment’s growth by End-User.
Automated 3D Printing Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
Based on Geography, The Global Automated 3D Printing Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the world. North America is projected to be the highest growing market over the forecasted period in terms of 3D printing, robotic systems, and artificial intelligence, among many other innovations, and is expected to account for a considerable proportion of the Automated 3D Printing Market. Regardless of the fact that 3D printing inventions arrive from all over the world, several of the intellectual property rights and implementation inventors live in the US.
Key Players
The “Global Automated 3D Printing Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are 3D Systems Corporation, SLM Solution, Stratasys, Universal Robots A/S, Formlabs., EOS, The ExOne Company, Concept Laser (GE), Coobx, and Materialise. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- In March 2020, ABB announced an expansion of 3D printing functionality to its RoboticStudio stimulation through its PowerPac Software. With exception of traditional 3D printing methods, which also required consumers to depict points and trajectories to program the ABB robots for 3D printing, this enables users to program the ABB robots for 3D printing.
- In March 2020, PostProcess Technologies Inc., a supplier of automatized post-printing solutions for manufacturing 3D printing, declared a channel collaboration with the 3D printer distributor Z-Axis, predicated in Russia, Z-axis, that will expand the company’s reach all across Russia, Armenia, Belarus, Kirgizia, and Kazakhstan.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2019-2030 |
BASE YEAR | 2022 |
FORECAST PERIOD | 2023-2030 |
HISTORICAL PERIOD | 2019-2021 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | 3D Systems Corporation, SLM Solution, Stratasys, Universal Robots A/S, Formlabs., EOS, The ExOne Company, Concept Laser (GE), Coobx. |
SEGMENTS COVERED | By Offering, By Process, By End-User And By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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