According to Fior Markets latest offering, the global automated 3D printing market is projected to grow from USD 220.56 Million in 2017 to USD 8,970.67 Million by 2025 at a CAGR of 58.91% in the estimated period of 2018-2025. In North America, there are well-established 3D printing solution providers in this region which implements automation technologies in the 3D printing systems to increase effectiveness. Due to the presence of these providers, North America is expected to hold the largest share of the automated 3D printing market.
Global Automated 3D Printing Market by Process (Material Handling, Automated Production, Part Handling, Post-Processing, and Multiprocessing), Offering, End User, Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025.
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Prominent players in the industry include Stratasys, ExOne, 3D Systems, Materialise, Universal Robot and among others. The developed nations (U.S, Germany, U.K, China and Japan) are continuously focused on exploring and developing new product and venture capital investments to obtain market share. SLM Solutions launched a selective laser melting machine named “big fish” large-format SLM 800. This machine automates additional processes with zero manual handlings integrating scalable solution alongside a fully automated handling station
The process segment is sub-segmented into material handling, automated production, part handling, post-processing, and multiprocessing segment. The multiprocessing segment valued USD 51.28 million during 2018-2023. The multiprocessing boosts the complementary processes such as machining, cutting, dispensing, and robotic placement, leading to the adoption of automation in the 3D printing for multiprocessing.
The component segment is split into hardware and software. The software segment is the key dominant of automated 3D printing market with USD 4.61 million in 2017. Further factors contributing to the growth of software segment include increasing preference towards inspecting labels through software, creation of an application for vision-guided robotic systems, and rise in demand for artificial intelligence (AI). The end user is divided into aerospace & defense, healthcare¸ industrial-manufacturing, high-tech equipment, and engineering, automotive, consumer product, energy, others.
The other segment includes sub-segments such as education, entertainment, jewelry, and printed electronics. The industrial manufacturing, high-tech equipment, and engineering are responsible to form the business growth owing to the low cost of production and use of new technology of tools impacting the output, product quality and flexibility.
Increased use of robots for industrial automation is a key factor nourishing market growth. Growing need to automate post-processing is refueling the market. The high cost of materials and lack of standardization in processes is predicted to hamper the growth of the market. However, according to estimates, increased technological advancements creating productive opportunities and adoption of 3D printing for bulk production will uplift the market in the assessment period.
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