North America Metal 3d Printing Market Size & Outlook
Related Markets
North America metal 3d printing market highlights
- The North America metal 3d printing market generated a revenue of USD 2,614.3 million in 2023.
- The market is expected to grow at a CAGR of 22.5% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,614.3 million |
| Market revenue in 2030 | USD 10,808.1 million |
| Growth rate | 22.5% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Cognex Corp, Keyence Corp, SICK, Inc, ISRA VISION, Basler AG |
Other key industry trends
- In terms of revenue, North America region accounted for 33.8% of the global metal 3d printing market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,415.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Metal 3D Printing Market Scope
Metal 3D Printing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SICK, Inc | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | https://www.sick.com/us/en/ |
| ISRA VISION | View profile | 1001-5000 | Darmstadt, Hessen, Germany, Europe | https://www.isravision.com/en/ |
| Basler AG | View profile | 1059 | An der Strusbek 60-62, Ahrensburg, SH, Germany, 22926 | https://www.baslerweb.com |
| Keyence Corp | View profile | 10580 | 1-3-14, Higashi-nakajima, Higashi-Yodogawa, Osaka, Japan, 533-8555 | http://www.keyence.co.jp |
| Cognex Corp | View profile | 2992 | One Vision Drive, Natick, MA, United States, 01760-2059 | https://www.cognex.com |
North America metal 3d printing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to metal 3d printing market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 64.07% in 2023. Horizon Databook has segmented the North America metal 3d printing market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for metal powders is anticipated to propel in North America owing to growing consumption of highly efficient critical components in the aviation industry. The presence of major government and private aerospace companies coupled with high defense and space expenditure in the region is expected to propel market growth over the forecast period.
For instance, in September 2022, De Havilland announced to build an airplane manufacturing complex in Wheatland County, Calgary, Canada. The complex is expected to be built on 1,500 acres of land. The construction is anticipated to start in 2023 and the first phase of the construction is likely to finish by 2025.
Governments in the region are creating a positive environment to increase the usage of additive manufacturing in their country, which is anticipated to positively influence the metal powder market. For instance, in May 2022, the U.S. government launched Additive Manufacturing Forward (AM Forward).
Reasons to subscribe to North America metal 3d printing market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America metal 3d printing market databook
-
Our clientele includes a mix of metal 3d printing market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America metal 3d printing market , including forecasts for subscribers. This continent databook contains high-level insights into North America metal 3d printing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America metal 3d printing market size, by country, 2018-2030 (US$M)
North America Metal 3D Printing Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
