3D Printing
Contact us
Home / News / Global 3D Printing Market To Reach $41 billion by 2026
Join our newsletter

Our newsletter is free & you can unsubscribe any time.

Global 3D Printing Market To Reach $41 billion by 2026

November 19, 2019

A new report from Acumen Research and Consulting forecasts the global 3D printing market to reach $41 billion by 2026. That represents a CAGR (compound annual growth rate) of 20%, an astoundingly high rate for a six-year period. These reports are helpful because they put numbers to the claims that we regularly make about the rapid adoption and expansion of 3D printing into production and manufacturing applications. 

According to the report, North America makes up the largest portion of the 3D printing market by region. This is driven in part by the adoption of the medical, surgical, and prosthetic industries; biocompatible polymers and metals allow healthcare professionals to create custom implants, tools, and bionic limbs to improve overall outcomes for a wide range of patients. The automotive industry is another big player in NA pushing AM innovation by 3D printing prototypes, manufacturing aids, and end-use parts for cars. Consumer goods, aerospace, and defense make up significant pieces of the pie.

pix moving assembling car china usa trade war
Related Story
How 3D Printing Helps Combat Trade Wars and Other Global Trade Disruptions

The services segment accounts for the most sales in the global market. This makes sense as many SMEs (small to medium enterprises) can’t afford to buy a high-end industrial 3D printer but they can still benefit from the technology by using a 3D printing service. For similar reasons, FDM is still the most popular 3D printing technology. It’s not only its accessibility that makes it popular, though; its ability to scale in size and materials performance also catches the eye. The largest 3D printers are FDM, and the strongest 3D printable polymers (PEEK, PEKK, ULTEM) can all be processed on FDM machines.

The report also covers recent mergers and acquisitions in the market as well as other relevant business developments, such as the expansion of Essentium’s High-Speed Extrusion system, the development of a construction 3D printer to combat the housing crises, and a huge 3D printer with which the largest 3D printed boat in the world was created. 3D printed electronics and underwater 3D printing are examined as untapped markets in AM.

ICON 3D Printing Affordable Houses to Fix Housing Crisis
Related Story
ICON 3D Printing Affordable Houses to Fix Housing Crisis
largest 3d printed boat umaine
Related Story
University of Maine Creates World’s Largest 3D Printed Boat

Adoption of new technology doesn’t just happen automatically because it’s the more efficient pathway. Business owners and managers have to consider all the risks and costs of transitioning away from their legacy manufacturing methods, which have likely served them well. They have to look at how their entire supply chain will be affected, how their quality control will change, and how their employees will handle learning a new system. It’s easier for managers to adopt 3D printing when they see some of their neighbors doing the same thing, especially if some of those neighbors are competitors because that can put pressure on them to keep up. 

The numbers we’re seeing in these market reports indicate that we’re currently in a tipping point, where most of the big companies have already adopted AM in some way, new entrants are already using AM, and only a few stragglers are stubbornly refusing to get with the times. And few investors will shy away from a six-year CAGR of 20%.

Share:
WhatsApp Twitter Facebook LinkedIn Buffer Reddit E-mail
About the author | Cameron Naramore
Cameron is a 3D printer and CNC operator. He's fond of cooking, traveling, and science fiction.
Latest posts

Report Shows Construction 3D Printing Can Mitigate Effects of Climate Change

Cement and concrete are two of the most widely used resources in the world, second only to water, and their demand is expected... read more »

1 day ago Construction
wasp 3mt concrete

International Consortium to Promote Use of 3D Printed Metals in Construction

The Politecnico di Milano is leading a "ConstructAdd", an international consortium of partners in developing metal 3D printing techniques to improve energy efficiency... read more »

1 day ago 3D Printing Metal
Tensile test specimen

3D Printed Superyacht Concept Unveiled

Designer Jozeph Forakis has recently unveiled the world's first 3D printed superyacht, the 88-metre Pegasus concept. The yacht is designed to be sustainable... read more »

1 day ago News
superyacht

Creality Launches Huge CR-M4 – The Next Big Thing in Quality Printing

Creality has just released its new FDM 3D printer, the CR-M4, with rigid stability and a HUGE build volume. The CR-M4 is being... read more »

2 days ago 3D Printers
cr-m4

3D Printed Geodesic Labyrinth Arises in France

A 3D printed labyrinth has been erected in the medieval town of Chateaugiron, in the north-west of France, marking the first time that... read more »

4 days ago Art
Labyrinth by night.

Researchers Use Digital Twin for DED Optimization

A group of researchers from Tokyo University of Science and Suwa University of Science, in Japan, have collaborated with TOCALO Co. Ltd. to... read more »

6 days ago 3D Printing Metal
digital twin

Social

  • Facebook Facebook 3D Printing
  • Linkedin Linkedin 3D Printing
  • Twitter Twitter 3D Printing

3D Printer Categories

  • Desktop 3D Printers
  • Industrial 3D Printers
  • Geeetech A30T Geeetech A30T
    320 x 320 x 420 mm
    $449
    Buy Now
  • gCreate gMax 2 PRO (with enclosure) gCreate gMax 2 PRO (with enclosure)
    457 x 457 x 609 mm
    $5,295
    Buy Now
  • Geeetech Mizar M Geeetech Mizar M
    255 x 255 x 260 mm
    $399
    Buy Now
  • Fusion3 F410 Fusion3 F410
    355 x 355 x 315 mm
    $4,599
    Buy Now
  • Geeetech THUNDER Geeetech THUNDER
    250 x 250 x 260 mm
    $489
    Buy Now
  • Modix BIG-60 Modix BIG-60
    600 x 600 x 660 mm
    $4,900
    Buy Now
  • Geeetech Mizar Pro Geeetech Mizar Pro
    220 x 220 x 260 mm
    $219
    Buy Now
  • Geeetech Mizar S Geeetech Mizar S
    255 x 255 x 260 mm
    $279
    Buy Now
Join our newsletter

Our newsletter is free & you can unsubscribe any time.

  • Tungsten (A) Tungsten (A)
    Components for imaging equipment, Ion generation equipment, Static weight distribution components
    Corrosion resistant, Heat resistant, Ionizing radiation absorption
    View Details
  • LaserForm Maraging Steel (A) LaserForm Maraging Steel (A)
    Aerospace parts, Automotive high-wear parts, Cooling channels, Furnace parts, Tooling
    Heat resistant
    View Details
  • Certified CuNi30 (A) Certified CuNi30 (A)
    Cryogenic suspension and support systems, Pipe fittings, Valves
    Corrosion resistant, Low temperature resistance
    View Details
  • A6061-RAM2 (A) A6061-RAM2 (A)
    Light weight structural parts, RF parts for satellites
    High strength, Lightweight, Ductile
    View Details
  • Modix BIG-120Z Modix BIG-120Z
    600 x 600 x 1200 mm
    from $7,500
    Request a Quote
  • Modix BIG Meter Modix BIG Meter
    1010 x 1010 x 1010 mm
    from $13,500
    Request a Quote
  • Industry MAGNUM Industry MAGNUM
    1500 x 1200 x 1200 mm
    €159.000
    Request a Quote
Join our newsletter

Our newsletter is free & you can unsubscribe any time.

Company Information

  • What is 3D Printing?
  • Contact us
  • 3D Printing Service
  • Newsletter
  • Advertise with us
  • Media Kit
  • Nederland 3D Printing

Blog

  • Latest News
  • Use Cases
  • Reviews
  • 3D Printers

Featured Companies

  • Modix
  • 3D Systems
  • Industry
  • Geeetech

Featured Reviews

  • Anycubic Photon M3
  • Flashforge Creator 3
  • Flashforge Creator 3 Pro
  • Craftbot FLOW IDEX XL
  • BIQU B1
2023 — Strikwerda en Dehue
  • Home
  • Service
  • Materials
  • Contact us
Featured Companies
  • Modix
  • 3D Systems
  • Industry
  • Geeetech
Blog
  • Latest News
  • Use Cases
  • Reviews
  • 3D Printers
Company Information
  • What is 3D Printing?
  • Contact us
  • 3D Printing Service
  • Newsletter
  • Advertise with us
  • Media Kit
  • Nederland 3D Printing
We serve cookies on this site to analyze traffic, remember your preferences, and optimize your experience.
Details
Close