Fused Deposition Modeling 3D printing Market Size is predicted to grow at a 29.6% CAGR during the forecast period for 2024-2031.
FDM is an additive production technology used for 3D printing. It operates by heating and extruding thermoplastic filament through a nozzle, which deposits layers of material according to a digital design or CAD (Computer-Aided Design) model. FDM 3D printing continues to evolve with advancements in materials and printer technology, expanding its capabilities and applications in manufacturing, prototyping, and creative fields. The market is expected to reach substantial growth in value due to the widespread adoption of fused deposition modelling technology in various industries.
In healthcare, these 3D printers are valued for their ability to produce affordable prosthetic devices. They are also extensively utilized in the aerospace and automotive sectors to enhance research and design efficiency. Moreover, the growth can be credited to ongoing advancements in FDM technology, which include enhancements in printing speeds, resolution, and the ability to work with a broader array of materials.
The expanding availability and evolution of diverse thermoplastic materials that are compatible with FDM printers have been pivotal in stimulating market expansion. Manufacturers now enjoy a broad spectrum of material options offering varied properties such as strength, flexibility, heat resistance, and biodegradability. This diversity empowers them to select materials that best fit their particular application needs.
The fused deposition modelling 3D printing market is segmented by type and application. Based on product segment, the market is divided into stereolithography, polyjet printing, multijet printing, colorjet printing, digital light processing, and selective laser sintering. By application, the global fused deposition modelling 3D printing market is categorized into consumer, automotive, aerospace and defence, healthcare, fashion, and aesthetics.
Digital Light Processing (DLP) technology commands a significant share of the 3D printing market due to its ability to produce high-resolution parts with intricate details. By using a digital light projector to cure photosensitive resin layer by layer, DLP enables rapid prototyping and manufacturing across various industries. It is particularly valued in sectors such as dental, jewellery, and small-scale manufacturing, where precision and superior surface finish are paramount. DLP's efficiency in creating complex geometries and fine features makes it a preferred choice for applications requiring high detail and accuracy. As a result, DLP is expanding its presence in the 3D printing market, offering advanced solutions to meet diverse industry needs for customized and precise components.
The automotive segment has established itself as the leading sector in the Fused Deposition Modeling (FDM) 3D printing market. This prominence is underpinned by several key advantages that FDM technology offers to automotive manufacturers. Primarily, FDM is extensively used for rapid prototyping of vehicle components and the production of tools, jigs, and fixtures used in assembly processes. This capability accelerates product development timelines and reduces the lead time for new vehicle models. Furthermore, FDM enables customization and optimization of automotive parts, facilitating the creation of lightweight components with intricate geometries that enhance vehicle performance and efficiency.
Cost efficiency is another significant driver, as FDM allows for the economical production of low-volume parts, spare components, and personalized accessories, thereby reducing inventory costs and minimizing waste. The flexibility of FDM in decentralized production also enhances supply chain agility, enabling manufacturers to produce parts closer to the point of use, thereby reducing logistics expenses and improving responsiveness to market demands. Additionally, ongoing advancements in FDM materials, such as high-performance thermoplastics and composites, ensure that automotive components meet stringent industry standards for durability, heat resistance, and mechanical properties.
In the North American region, the Fused Deposition Modeling (FDM) 3D printing market commands a significant revenue share. This dominance is driven by a mature industrial base, strong technological advancements, and widespread adoption across diverse sectors, including aerospace, automotive, healthcare, and consumer goods. North America benefits from robust research and development initiatives, a supportive regulatory environment, and strategic investments in additive manufacturing technologies, all contributing to its prominent position in the global 3D printing market. Conversely, in the Asia-Pacific (APAC) region, the FDM 3D printing market is also witnessing substantial growth. Countries like China, South Korea, Japan and India are pivotal in this expansion, driven by rapid industrialization, increasing investments in advanced manufacturing technologies, and a burgeoning demand for customized production solutions.
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Report Attribute |
Specifications |
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Growth Rate CAGR |
CAGR of 29.6% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Type, Application |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Exone, EOS GmbH, Stratasys Ltd, XYZprinting, Inc., Optomec, Voxeljet AG, Organovo Holdings, Inc., EnvisionTEC, 3D Systems, and Ricoh Company, Ltd. and and Other Market Players |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Fused Deposition Modeling (FDM) 3D Printing Market Snapshot
Chapter 4. Global Fused Deposition Modeling (FDM) 3D Printing Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Type Estimates & Trend Analysis
5.1. by Type & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Type:
5.2.1. Stereolithography
5.2.2. Polyjet Printing
5.2.3. MultiJet Printing
5.2.4. Colorjet Printing
5.2.5. Digital Light Processing
5.2.6. Selective Laser Sintering
Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application:
6.2.1. Consumer
6.2.2. Automotive
6.2.3. Aerospace & Defence
6.2.4. Healthcare
6.2.5. Fashion & Aesthetics
Chapter 7. Fused Deposition Modeling (FDM) 3D Printing Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Fused Deposition Modeling (FDM) 3D Printing Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
7.1.2. North America Fused Deposition Modeling (FDM) 3D Printing Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.1.3. North America Fused Deposition Modeling (FDM) 3D Printing Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.2. Europe
7.2.1. Europe Fused Deposition Modeling (FDM) 3D Printing Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
7.2.2. Europe Fused Deposition Modeling (FDM) 3D Printing Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.2.3. Europe Fused Deposition Modeling (FDM) 3D Printing Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Fused Deposition Modeling (FDM) 3D Printing Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
7.3.2. Asia Pacific Fused Deposition Modeling (FDM) 3D Printing Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.3.3. Asia Pacific Fused Deposition Modeling (FDM) 3D Printing Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.4. Latin America
7.4.1. Latin America Fused Deposition Modeling (FDM) 3D Printing Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
7.4.2. Latin America Fused Deposition Modeling (FDM) 3D Printing Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.4.3. Latin America Fused Deposition Modeling (FDM) 3D Printing Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Fused Deposition Modeling (FDM) 3D Printing Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
7.5.2. Middle East & Africa Fused Deposition Modeling (FDM) 3D Printing Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.5.3. Middle East & Africa Fused Deposition Modeling (FDM) 3D Printing Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. ExOne
8.2.2. EOS GmbH
8.2.3. Stratasys Ltd
8.2.4. XYZprinting, Inc.
8.2.5. Optomec
8.2.6. Voxeljet AG
8.2.7. Organovo Holdings, Inc.
8.2.8. EnvisionTEC
8.2.9. 3D Systems
8.2.10. Markforged
8.2.11. Bambu Lab
8.2.12. Shenzhen Creality 3D Technology Co., Ltd.
8.2.13. ELEGOO
8.2.14. MakerBot
8.2.15. UltiMaker
8.2.16. INTAMSYS TECHNOLOGY CO., LTD.
8.2.17. Prusa Research a.s.
8.2.18. Flashforge
8.2.19. Other Market Players
8.2.20. Other Companies
Fused Deposition Modeling 3D printing Market By Type:
Fused Deposition Modeling 3D printing Market By Application:
Fused Deposition Modeling 3D printing Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
Rest of Middle East and Africa
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
