U.S. Metal 3d Printing Market Size & Outlook, 2023-2030
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U.S. metal 3d printing market highlights
- The U.S. metal 3d printing market generated a revenue of USD 1,607.2 million in 2023 and is expected to reach USD 6,556.4 million by 2030.
- The U.S. market is expected to grow at a CAGR of 22.2% 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.
Metal 3d printing market data book summary
| Market revenue in 2023 | USD 1,607.2 million |
| Market revenue in 2030 | USD 6,556.4 million |
| Growth rate | 22.2% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, U.S. accounted for 20.8% of the global metal 3d printing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. metal 3d printing market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 1,535.8 million by 2030.
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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 |
U.S. 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 63.74% in 2023. Horizon Databook has segmented the U.S. metal 3d printing market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. holds the largest share of the North American metal powder market on account of the widespread presence of numerous manufacturers and end-users in the country. Large-scale automobile plants, growing investments in aerospace & defense, and infrastructural developments are propelling the demand for metal powder in the country.
The aerospace and defense sector continues to witness high investments in additive manufacturing. The industry is a frontrunner in terms of additive manufacturing R&D. For instance, in March 2023, Senvol, an additive manufacturing data specialist, received a new round of funding from the U.S. Department of Defense to optimize aerospace and defense components.
New purchasing orders for the U.S. defense aircraft from major countries are anticipated to boost the demand for metal powders. For instance, in June 2024, the Israeli Defense Ministry officially signed an agreement with the United States to acquire a third squadron of F-35 fighter jets. The deal is worth $3 billion and includes the purchase of 25 advanced stealth fighters manufactured by Lockheed Martin.
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Target buyers of U.S. metal 3d printing market databook
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Our clientele includes a mix of metal 3d printing market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. metal 3d printing market , including forecasts for subscribers. This country databook contains high-level insights into U.S. metal 3d printing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. metal 3d printing market size, by hardware, 2018-2030 (US$M)
U.S. Metal 3D Printing Market Outlook Share, 2023 & 2030 (US$M)
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