Asia Pacific Desktop 3D Printing Market Size & Outlook
The desktop 3d printing market in Asia Pacific is expected to reach a projected revenue of US$ 5,479.7 million by 2030. A compound annual growth rate of 27.4% is expected of Asia Pacific desktop 3d printing market from 2024 to 2030.
Asia Pacific desktop 3d printing market highlights
The Asia Pacific desktop 3d printing market generated a revenue of USD 1,005.6 million in 2023.
The market is expected to grow at a CAGR of 27.4% 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, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
Market revenue in 2023
USD 1,005.6 million
Market revenue in 2030
USD 5,479.7 million
Growth rate
27.4% (CAGR from 2023 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
3D Systems Corp, Autodesk Inc, Canon Inc, Dassault Systemes SE, Desktop Metal Inc Ordinary Shares - Class A, GE Additive, Materialise NV ADR, Proto Labs Inc, Stratasys Ltd, Voxeljet AG ADR, Shapeways Holdings Inc, Sintokogio Ltd, ExOne, Electro-Optical Systems Inc.
Other key industry trends
In terms of revenue, Asia Pacific region accounted for 20.9% of the global desktop 3d printing market in 2023.
Globally, North America 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 5,479.7 million by 2030.
Promotion of private investments by various governments is boosting the manufacturing sector in the region, which, in turn, is expected to propel the demand for 3D printing metal powder in the region. However, high initial capital to adopt 3D technology is likely to restrain the market growth.
Asia Pacific metal additive manufacturing market is anticipated to progress at the fastest rate over the forecast period owing to the numerous expansion initiatives undertaken by the manufacturers. For instance.
In July 2018, Ultimaker, a 3D printer manufacturer, opened a new facility in Singapore to cater to the increasing demand for metal additive manufacturing in the region.Until 2016, Asia Pacific lagged behind North America and Europe in terms of adoption of metal 3D printing.
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 Desktop 3D Printing Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 65.07% in 2023.
Horizon Databook has segmented the Asia Pacific desktop 3d printing market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Promotion of private investments by various governments is boosting the manufacturing sector in the region, which, in turn, is expected to propel the demand for 3D printing metal powder in the region. However, high initial capital to adopt 3D technology is likely to restrain the market growth.
Asia Pacific metal additive manufacturing market is anticipated to progress at the fastest rate over the forecast period owing to the numerous expansion initiatives undertaken by the manufacturers. For instance.
In July 2018, Ultimaker, a 3D printer manufacturer, opened a new facility in Singapore to cater to the increasing demand for metal additive manufacturing in the region.Until 2016, Asia Pacific lagged behind North America and Europe in terms of adoption of metal 3D printing.
Asia Pacific Desktop 3D Printing Market Component Outlook (Revenue, USD Million , 2018-2030)
Hardware
Software
Services
Asia Pacific Desktop 3D Printing Market Application Outlook (Revenue, USD Million , 2018-2030)
Prototyping
Tooling
Functional Parts
Asia Pacific Desktop 3D Printing Market Vertical Outlook (Revenue, USD Million , 2018-2030)
Education
Fashion & Jewellery
Objects
Dental/Healthcare
Food
Lighting Fixture
Construction
Advertising
Others
Reasons to subscribe to Desktop 3D Printing Market Outlook 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 Desktop 3D Printing Market Outlook databook
Our clientele includes a mix of Desktop 3D Printing Market Outlook 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 Asia Pacific Desktop 3D Printing Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Desktop 3D Printing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Desktop 3D Printing Market, 2018-2030 (US$M)