3D Printing Service Bureaus Market Revenue to Rise Substantially Owing to Increasing End-use Adoption

The global 3D printing service bureaus market is anticipated to expand at around 23% CAGR through the period of 2022 to 2031, and reach a valuation of US$ 52 Bn by 2031-end.

With growing adoption of 3D printing solutions and services, countries in East Asia and Europe are expected to witness potential growth opportunities. One of the major reasons for the exponential growth of 3D printing service bureaus is that they facilitate complex designs that cannot be produced with traditional manufacturing techniques.

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Conventional manufacturing processes are based on the removal of raw materials to create final products. On the contrary, 3D printing works by building a product layer by layer; hence, it is also referred to as additive manufacturing. Most commonly used 3D printing technologies include Fused Deposition Modeling (FDM), Direct Metal Laser Sintering (DMLS), Laser Sintering (LS), Multi Jet Fusion (MJF), Binder Jetting, and Stereolithography (SL), among others.

Key Players:

The report has profiled some of the Important players prevalent in the global like – Stratasys Direct, Inc., Sculpteo, FORECAST 3D, Shapeways, Inc., Materialise NV, Vexma Technologies, Fisher Unitech, Laser Lines, 3D Matters, Makelab, Graphite Additive Manufacturing, Forerunner 3D Printing, Varia 3D, Inc., Industrial Plastic Fabrications Ltd., GPI Prototype and Manufacturing Services, LLC, ZiggZagg NV, Solidscape, FacFox, Inc., HP Inc., Shandong Sandi Shikong 3D Technology Co., Ltd., HLH Prototypes Co. Ltd., Duch Group, LK-Mould Ltd. and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the 3D Printing Service Bureaus.

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Key Takeaways from Market Study

• North America was the leading market in 2020 in terms of value for 3D printing service bureaus. Over the coming years, East Asia is expected to be a key market for sustainable revenue.
• The healthcare & medical devices industry is expected to offer higher incremental opportunity during the forecast period, as need for 3D printing service bureaus is increasing significantly owing to rise in demand for customized devices and production parts.
• There has been rise in demand for 3D printing service bureaus across automotive, industrial, and consumer goods industry verticals owing to increasing demand for customized production parts and on-demand 3D printing services.
• With growing popularity of 3D printing solutions and services, countries in Asia Pacific such as India, China, and Japan are expected to witness potential growth opportunities.
• The market in the U.S. is projected to expand at a CAGR over 21% through 2031, and is expected to continue its dominance in North America.
• China and India are expected to progress at an impressive CAGR of more than 25% each, through 2031.

“Growing demand for customized and on-demand 3D printing solutions and services is a major factor driving the market growth,” says a Persistence Market Research analyst.

Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)

Key Stakeholders
3D Printing Service Bureaus Market Manufacturers
3D Printing Service Bureaus Market Distributors/Traders/Wholesalers
3D Printing Service Bureaus Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

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3D Printing Service Bureaus Market – Report Highlights

• A detailed overview of parent market of 3D Printing Service Bureaus market
• Changing 3D Printing Service Bureaus market dynamics in the industry
• In-depth segmentation of the 3D Printing Service Bureaus market
• Historical, current, and projected 3D Printing Service Bureaus market size regarding volume and value
• Recent industry trends and developments in 3D Printing Service Bureaus market
• Competitive landscape of the 3D Printing Service Bureaus market
• Strategies for key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on 3D Printing Service Bureaus market performance
• Must-have information for 3D Printing Service Bureaus market players to sustain and enhance their market footprint.