Editor’s Note
The personal 3D printer market is projected to grow significantly, driven by demand for customized products. While not replacing traditional manufacturing, it offers unique consumer benefits.
The global personal 3D printer market size was estimated at USD 1.745 billion in 2021 and is projected to reach USD 4.810 billion, with a compound annual growth rate (CAGR) of 13.51% during the forecast period. Customers using 3D printing receive items tailored specifically to their needs. However, it may not replace traditional assembly line techniques. Consumers can create customized toys, shoes, accessories, jewelry, and other items that meet their individual needs, giving manufacturers the ability to produce goods on demand. The freedom to manufacture products and design them precisely according to user specifications is one of the advantages of 3D printing. The high demand from the dental industry for 3D printing, government efforts to introduce 3D printing technology, and the ability to provide customized items are the main drivers for the expansion of the personal 3D printer market.
Report Metric: Revenue Forecast, Competitive Landscape, Growth Factors, Environmental & Regulatory Landscape and Trends
Covered Regions: North America, Europe, APAC, Middle East and Africa, LATAM
Base Year: 2023
Historical Period: 2020-2030
Forecast Period: 2026-2034
CAGR: 13.51%
Fastest Growing Market: Asia-Pacific
Largest Market: North America
3D printers, part of the additive manufacturing family, function similarly to standard inkjet printers but in three dimensions. Using a digital file, a 3D printer can create three-dimensional, solid objects. Building a three-dimensional object from scratch requires a combination of cutting-edge software, powdered materials, and precision tools. 3D-printed objects are produced using additive processes, where an object is created by adding material layers sequentially until the product is formed. Each of these layers can be thought of as a finely sliced cross-section of the object. Numerous types of polymers, metals, and ceramics are used in 3D printing. Thanks to 3D printing technologies, the production of complex designs is now theoretically possible.
The plastics segment is projected to grow at an annual rate of 12.62% and hold the largest market share. As the 3D printing market has grown significantly, leading companies are focusing on introducing innovations. Plastics and other materials are among the materials that can be printed with the new 3D printing technology. Many plastic polymers, including polyamides, ABS, polylactic acid (PLA), ASA, alumide, and polyethylene terephthalate (PET), are used in 3D printing.
The Stereolithography (SLA) segment will hold the second-largest market share. Stereolithography (SLA) is a 3D printing or additive manufacturing technique used to create prototypes, models, patterns, and production parts. Photopolymer cross-sections are precisely cured by a UV laser, transforming them from a liquid to a solid. For rapid prototyping and project ideas requiring the production of highly precise and finely detailed parts, top-tier technology like SLA is an excellent option.
Segments based on the additive manufacturing process include material extrusion, powder bed fusion, photopolymerization, material jetting, and sheet lamination.
The growing demand for 3D printing in the dental sector.