3D Printing Service Bureaus Market

3D Printing Service Bureaus Market Outlook (2023-2033)

Global demand for the 3D printing service bureaus Market as of 2022 is a valuation of US$ 7,829.5 Mn and is forecasted that by the end of 2033 have a sales revenue of US$ 87,866.1 Mn and as of 2023, the market is estimated to be US$ 9,638.1 Mn. This huge growth is because, over the course of the next ten years, the market is predicted to progress at a CAGR of 24.7%.

Three-dimensional (3D) printing is an advanced manufacturing process that turns a digital design into a physical object. The procedure involves laying down thin layers of material, such as liquid or powdered plastic, metal, or cement, and then fusing the layers together.

Hearing aid manufacturers, car manufacturers, and, airline manufacturers, for example, use 3D printing to create prototypes and mass-manufacture their products using custom scans.

While 3D printing technology is currently too slow for mass production, it has the potential to disrupt both the manufacturing logistical support and inventory management industries.

North America held the largest market share of 28.5% in 2022 and is expected to retain its dominant position throughout the forecast period and the demand for the 3D printing service bureaus Market and Europe held a 23.1% value share in the global market in 2022.

What are the Opportunities for 3D Printing Service Bureaus in the Printing Market?

“3D Printing Is Capable of Revolutionizing Every Industry”

The introduction of 3D printing technology has resulted in significant changes in the way products are designed, manufactured, developed, and distributed. With its services, 3D printing has the potential to revolutionize every industry vertical, from printing prosthetic limbs and organs to education, space stations, science, fashion, jewellery manufacturing, and so on.

• In January 2023, Formlabs, a 3D printer OEM, introduced a high-productivity design and manufacturing platform at the CES 2023 technology convention.
• In January 2023, At the CES 2023 exhibition, leading US skincare brand Neutrogena launched a line of personalized 3D-printed skin health supplements. 

Which factor is driving the Opportunity in the U.S. for 3D Printing Service Bureaus Sales?

“Adoption of 3D Printer in Industries Rising Demand for The Market”

During the forecast period, the US will be the most dominant in the global 3D printing software and services market. The majority of the market's total revenue was generated in the United States. Because of the widespread adoption of 3D printers for 3D designing, 3D modelling, and 3D manufacturing in a variety of industries. Because of government funding and other encouraging initiatives currently underway in this region, manufacturers in this region are encouraged to pursue technological improvements and adopt new technologies.

Due to these reasons, in 2022, the US 3D printing service bureaus market companies helped the country to account for a dominant share of 19.8% in the global marketplace.

Is Artificial Intelligence Driving Demand for 3D Printing Service Bureaus in the China Market?

“Artificial intelligence is a tremendously powerful and effective technology”

Artificial intelligence is an extremely powerful technology that can process massive amounts of data in real-time and generate actionable insights. AI is currently being researched for future applications in additive manufacturing.

In China, significant investments are being made to advance research and innovation in 3D printing techniques. Manufacturers are forming cross-industry alliances and collaborations in order to successfully integrate AI for data processing in the 3D printing arena.

The CAGR for China, for the adoption of 3D printing service bureaus markets is predicted to be around 25.6%.

What factors make Germany Hold the Largest Share of 3D Printing Service Bureaus in Europe?

“Germany Has a High Global Market Share in The Europe Region”

The Western European 3D printing industry, particularly in Germany, is highly exposed to economic volatility, and 3D printing technology has primarily served as a prototyping technique in the region.

3D printing technology enhances the manufacturing process of finished products in a variety of industry verticals. In Western Europe, the technology has matured quite well, and it does not represent a high cost or a risk in this regional market. End users are putting more trust in 3D printing services to deliver secure manufacturing benefits and customized product designs. More users are expected to turn to 3D printing techniques to boost their sales and market attractiveness.

Due to this reason, the 3D printing service bureaus market for Germany in 2022 held a market share of 12.2% in the global market.

Category-wise Insights

Which Service Segment Holds the Largest Market Share in the 3D Printing Service Bureaus Market?

“Resin 3D Printing Services Have the Larger Market Share”

Engineers, designers, artists, and DIY enthusiasts can use resin printing to 3D print high-quality objects that filament-based fused deposition modelling (FDM) printers cannot. The process involves shining ultraviolet (UV) light into a tank of liquid resin, causing a reaction that solidifies the resin into a hard plastic. This photopolymerization occurs in a small volume as a result of the narrow ultraviolet beams. As a result, the finished object can have finer details and smoother surfaces than FDM printers.

In 2022, the Public cloud 3D printing service bureau’s market share was estimated to dominate the global market and account for 38.2% of the total market value share.

Which Application Segment of the 3D Printing Service Bureaus Market Holds a Larger Share Market?

“Tools & Fixtures Holds a Larger Share Market”

In 2022, it was estimated that the tools and fixtures segment accounted for 37.6% of the market share.

Replacing traditionally manufactured tools and fixtures with 3D printed tools and fixtures reduces overall fabrication expense, labour, and time, but manufacturers say the production-floor efficiencies produced by having better tools and fixtures delivered faster are even more significant.

Competitive Landscape

It is estimated that these market participants will lead the 3D printing service bureaus market by launching new products and expanding internationally. Key participants' key business strategy is to collaborate with other businesses involved in digital technologies and digital transformation to improve their 3D printing service bureaus products and increase sales.

• In May 2022, The F190CR and F370CR, two new industrial FDM 3D printers designed for high-strength composite parts, are part of the mass launch. Stratasys is also introducing 16 new 3D printing materials for its FDM, P3, and SAF technologies.
• In May 2019, American fashion designer Zac Posen partnered with leading 3D printing companies such as GE Additive and Protolabs to create stunning 3D printed dresses.

Recent developments related to key players providing the 3D printing service bureaus market have been tracked by the analysts at Persistence Market Research, which will be accessible in the full report.

3D Printing Service Bureaus Market Report Scope

Key Segments of 3D Printing Service Bureaus Market Research

By Service:

• Plastic 
• Metal 
• Resin 
• Others

By Application:

• LED 
• Broadcasting Video Communication
• Real-time Video communication
• Video Content Management
• Others

By Technology:

• Fused Deposition Modelling (FDM)
• Direct Metal Laser Sintering (DMLS)
• Laser Sintering (LS)
• Multi Jet Fusion (MJF)
• Binder Jetting
• Stereolithography (SL)
• Others

By Application:

• Prototypes
• Tools & Fixtures
• Production Parts

By Industry:

• Automotive
• Healthcare & Medical Devices
• Aerospace & Aeronautics
•  Consumer Goods
•  Industrial
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East and Africa (MEA)

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