South Korea 3D Printing Metal Market Size & Outlook
The 3d printing metal market in South Korea is expected to reach a projected revenue of US$ 86.4 million by 2030. A compound annual growth rate of 17.4% is expected of South Korea 3d printing metal market from 2024 to 2030.
The South Korea 3d printing metal market generated a revenue of USD 28.1 million in 2023 and is expected to reach USD 86.4 million by 2030.
The South Korea market is expected to grow at a CAGR of 17.4% from 2024 to 2030.
In terms of segment, other products was the largest revenue generating product in 2023.
Stainless Steel is the most lucrative product segment registering the fastest growth during the forecast period.
3d printing metal market data book summary
Market revenue in 2023
USD 28.1 million
Market revenue in 2030
USD 86.4 million
Growth rate
17.4% (CAGR from 2024 to 2030)
Largest segment
Other products
Fastest growing segment
Stainless Steel
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Titanium, Nickel, Stainless Steel, Aluminum, Other Products
Key market players worldwide
ExOne, Carpenter Technology Corp, Renishaw PLC, Materialise NV ADR, 3D Systems Corp, Voxeljet AG ADR, Sandvik AB, Hoganas, Melrose Industries PLC
Other key industry trends
In terms of revenue, South Korea accounted for 3.3% of the global 3d printing metal market in 2023.
Country-wise, Germany is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China 3d printing metal market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 46.7 million by 2030.
South Korea has experienced a significant rise in the adoption and integration of 3D printing technology. The government's Manufacturing Innovation 3.0 strategy has placed additive manufacturing (AM) at the forefront, driving the country's involvement in AM since the post-2010s.
This initiative aims to modernize manufacturing and foster smart factories, leading to the integration of 3D printing technology. The growth of 3D printing in South Korea is evident through the presence of approximately 400 active AM companies across various industries, including medical, aerospace, defense, automotive, and more.
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 3D Printing Metal Market Outlook will help companies and investors design strategic landscapes.
Other Products was the largest segment with a revenue share of 30.96% in 2023.
Horizon Databook has segmented the South Korea 3d printing metal market based on titanium, nickel, stainless steel, aluminum, other products covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea has experienced a significant rise in the adoption and integration of 3D printing technology. The government's Manufacturing Innovation 3.0 strategy has placed additive manufacturing (AM) at the forefront, driving the country's involvement in AM since the post-2010s.
This initiative aims to modernize manufacturing and foster smart factories, leading to the integration of 3D printing technology. The growth of 3D printing in South Korea is evident through the presence of approximately 400 active AM companies across various industries, including medical, aerospace, defense, automotive, and more.
South Korea 3D Printing Metal Market Product Outlook (Revenue, USD Million , 2018-2030)
Titanium
Nickel
Stainless Steel
Aluminum
Other Products
South Korea 3D Printing Metal Market Process Outlook (Revenue, USD Million , 2018-2030)
Powder
Filament
South Korea 3D Printing Metal Market Application Outlook (Revenue, USD Million , 2018-2030)
Aerospace & Defense
Automotive
Medical & Dental
Other Applications
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea 3D Printing Metal Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea 3D Printing Metal Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea 3D Printing Metal Market, 2018-2030 (US$M)