Global 3D Technology Market Report to 2030 – Featuring 3D Systems, American Paper Optics, and Autodesk, Among Others – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The report “3D Technology Market by Product, Application: Global Opportunity Analysis and Industry Forecast, 2021-2030” has been added to from ResearchAndMarkets.com offer.

The global 3D technology market size is expected to reach $703.4 billion by 2030, from $171.4 billion in 2020, growing at a CAGR of 16.3% from 2021 to 2030.

3D printing technology enables rapid prototyping technology to become a popular technology in recent years. As raw material capabilities increase, this ultimately translates to a lower cost of using technology for small businesses. Traditional manufacturing processes normally follow steps such as casting, forging and milling; but with the help of 3D selective laser fusion technology, it is possible to develop the most complex models.

Additionally, 3D printing technology is expected to change manufacturing processes. Moreover, it will help to manufacture the product according to customer requirements. A luxurious motor cycle can be achieved by combining a CNC machine and 3D printing technology.

The major factors that are impacting the growth of the 3D technology market are increasing demand for 3D technology in entertainment industry, increasing demand for 3D technology based devices in the consumer electronics and government initiatives promoting the use of 3D products.

However, the high maintenance costs of 3D devices are limiting the market growth. On the contrary, the high adoption of 3D cameras, scanners, sensors, printers, and displays in military and defense is expected to create lucrative opportunities for the market. Hence, these factors are expected to affect the global 3D technology industry during the forecast period.

The 3D technology market share is segmented on the basis of product, application and region. By product, the market is categorized into 3D printing, 3D glasses, 3D display, 3D imaging, 3D camera, and 3D scanner. According to the application, it is separated into media and entertainment, automotive, industrial, healthcare, military and defense, and others.

Regionally, 3D technology market trends are analyzed in North America (United States, Canada, and Mexico), Europe (Germany, United Kingdom, France, Italy, and Rest of Europe), Asia -Pacific (China, Japan, India, Korea and rest of Asia-Pacific) and LAMEA (Latin America, Middle East and Africa). North America dominates the market, owing to an increase in the adoption of improved technologies in the industrial sectors.

Main results of the study

  • By product, in 2020, the 3D display segment accounted for the maximum revenue and is expected to grow at a notable CAGR of 165% over the forecast period

  • By product, 3D printing segment is expected to witness the highest growth rate during the forecast period

  • Germany was the largest revenue shareholder in the European 3D technology market, accounting for around 25% share in 2020

Key market segments

By product

  • 3D printing

  • 3d glasses

  • Active glasses

  • 3D display

  • 3D imaging

  • 3D camera

By app

  • Media and Entertainment

  • Automotive

  • Industrial

  • Health care

  • Military and Defense

  • Others

By region

  • North America

  • WE

  • Canada

  • Mexico

  • Europe

  • Germany

  • UK

  • France

  • Italy

  • The rest of Europe

  • Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Rest of Asia-Pacific

  • LAMEA

  • Latin America

  • Middle East

  • Africa

Main market players

  • 3D Systems Society

  • American Paper Optics

  • Autodesk Inc.

  • ExOne Company

  • Panasonic Company

  • Stratasys SA

  • TomTec Imaging Systems GmbH

  • Hexagon AB

  • Vicon Motion Systems Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/qyjh6l