Fused Deposition Modeling 3D Printing Market To Reach $6.9 Billion By 2030

Fused Deposition Modeling 3D Printing Market Growth & Trends

The global fused deposition modeling 3D printing market size is anticipated to reach USD 6.9 billion by 2030, growing at a CAGR of 21.8% during the forecast period, according to a new report by Grand View Research, Inc. The FDM 3D printing market is experiencing robust growth driven by factors such as cost-effectiveness, technological advancements, expanding applications, and sustainability concerns.

Technological breakthroughs are revolutionizing FDM 3D printing. Advancements in resolution, print speed, and material compatibility are making it possible to produce intricate geometries and top-quality parts with greater efficiency. As a result, FDM printing is rapidly becoming a vital tool in the production workflows of diverse industries, including aerospace & defense, automotive, healthcare, and consumer electronics.

Ongoing research and development efforts continue to push the boundaries of FDM 3D printing technology. Advancements in areas such as multi-material printing, hybrid additive-subtractive manufacturing, and in-situ monitoring systems are expected to further enhance the capabilities and performance of FDM printers. As these technologies mature and become more accessible, FDM 3D printing is poised to remain at the forefront of additive manufacturing, driving innovation and transformation across industries.

The competitive landscape of the FDM 3D printing market is characterized by a diverse array of players, ranging from established industry leaders to innovative startups and niche manufacturers. The FDM 3D printing market is witnessing increasing competition from manufacturers based in emerging economies, particularly in Asia. Companies from countries such as China, South Korea, and India are entering the market with cost-effective FDM printers, challenging established players with their competitive pricing and aggressive expansion strategies.

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Fused Deposition Modeling 3D Printing Market Report Highlights

• The industrial printer type segment led the market and accounted for 75.8% in 2023. These printers are characterized by their robust construction, advanced features, and large build volumes, enabling them to produce complex, high-precision parts with superior mechanical properties and surface finishes

• Prototyping is one of the primary applications of FDM 3D printing, allowing designers, engineers, and manufacturers to rapidly iterate on product designs and concepts

• In the healthcare sector, FDM 3D printing is utilized for manufacturing patient-specific medical devices, prosthetics, orthotics, and anatomical models. FDM offers advantages such as biocompatibility, stability, and rapid prototyping capabilities, facilitating innovation and personalized healthcare delivery

• North America led the market and accounted for 33.8% of the global revenue share in 2023. The North America FDM 3D printing market’s growth is driven by a combination of technological innovation, robust manufacturing industries, and a supportive regulatory environment

• In March 2024, Stratasys Ltd. acquired Arevo’s technology portfolio, including its Intellectual Property (IP) estate. This acquisition grants Stratasys access to key patents in carbon fiber printing, Z-strength improvement techniques, and AI-powered build monitoring. By integrating this technology into their FDM 3D printing systems, Stratasys aims to broaden the range of manufacturing applications they can provide to customers

Fused Deposition Modeling 3D Printing Market Segmentation

Grand View Research has segmented the global fused deposition modeling (FDM) 3D printing market based on printer type, application, end-use, and region:

Fused Deposition Modeling 3D Printing Printer Type Outlook (Revenue, USD Million, 2018 - 2030)

• Desktop 3D Printer

• Industrial 3D Printer

Fused Deposition Modeling 3D Printing Application Outlook (Revenue, USD Million, 2018 - 2030)

• Prototyping

• Tooling

• Functional Parts

Fused Deposition Modeling 3D Printing End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Automotive

• Aerospace & Defense

• Healthcare

• Consumer Electronics

• Industrial Machines

• Others

Fused Deposition Modeling 3D Printing Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Spain

  • Italy

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

• Central & South America

  • Brazil

  • Colombia

• Middle East & Africa

  • Saudi Arabia

  • UAE

List of Key Players in the Fused Deposition Modeling 3D Printing Market

• Stratasys

• Markforged

• Bambu Lab

• Shenzhen Creality 3D Technology Co., Ltd.

• ELEGOO

• MakerBot

• UltiMaker

• INTAMSYS TECHNOLOGY CO., LTD.

• Prusa Research a.s.

• Flashforge