3D Concrete printing segment is projected to create high-value opportunities in the 3D printing ecosystem. Here's your chance to get an extensive understanding of this market.
The 3D printing ecosystem was valued at USD 13.78 Bn in 2020 and is expected to reach USD 45.3 Bn by 2027, growing at a CAGR of 28.1% during the forecast period. The market will benefit from the growing demand for 3D printing in automotive and healthcare sector, availability of highly customized products, and efficient logistics management. The development in 3D printing in emerging economies such as India, South Korea, Brazil, and others is projected to grow faster than in other regions by 2027. Asia Pacific accounted for 24.2% of the global 3D printing market in 2020, while the market was dominated by North America with 39.6% of the market share.
The 3D printing software segment was a significant contributor to the market in 2020 and is estimated to reach USD 14.6 Bn by 2027 at a CAGR of 7%. Major players such as 3D Systems, Protolabs, Nano Dimension, Materialise NV, Stratasys Ltd., ExOne, Voxeljet, Organovo, etc are increasingly adopting advanced technologies to achieve high efficiency and product quality in the 3D printing ecosystem. This is expected to create immense opportunities for the 3D printing market.