Latin America Desktop 3D Printing Market Size & Outlook
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- Desktop 3D Printing Market Outlook
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Latin America Desktop 3D Printing Market, 2018-2030 (US$M)
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Latin America desktop 3d printing market highlights
- The Latin America desktop 3d printing market generated a revenue of USD 222.9 million in 2023.
- The market is expected to grow at a CAGR of 21.6% 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 222.9 million |
| Market revenue in 2030 | USD 875.7 million |
| Growth rate | 21.6% (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, Latin America region accounted for 4.6% 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.
Central & South America 3D printing metal market is driven by the favorable government regulations. For instance, recently, Brazil government has announced a series of tax exemptions for accessories, consumables, and printers in additive manufacturing industry, making the whole process less expensive and opening new avenues for the market vendors.
Growing industrial output and technological developments in the region have created a positive impact on the manufacturing sector in the region. Moreover, end-use industries have started adopting new technologies in their traditional manufacturing processes.
Automotive industry represents numerous opportunities for additive manufacturing vendors in the market. As numerous auto parts production and assembly companies are migrating to countries outside traditional markets such as Brazil and Mexico. In Central & South America.
Key Regions:U.S., UK, Japan, Brazil, South Korea
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Desktop 3D Printing Market Scope
Desktop 3D Printing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Canon Inc | View profile | 169,151 | 30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, Japan, 146-8501 | www.global.canon |
| Proto Labs Inc | View profile | 2,415 | 5540 Pioneer Creek Drive, Maple Plain, MN, United States, 55359 | www.protolabs.com |
| 3D Systems Corp | View profile | 2,032 | 333 Three D Systems Circle, Rock Hill, SC, United States, 29730 | www.3dsystems.com |
| Stratasys Ltd | View profile | 1,980 | c/o Stratasys, Inc, 7665 Commerce Way, Eden Prairie, MN, United States, 55344 | www.stratasys.com |
| Dassault Systemes SE | View profile | 23,811 | 10, Rue Marcel Dassault, Velizy-Villacoublay, France, 78140 | www.3ds.com |
| Desktop Metal Inc Ordinary Shares - Class A | View profile | 950 | 63 3rd Avenue, Burlington, MA, United States, 01803 | www.desktopmetal.com |
| Autodesk Inc | View profile | 13,700 | One Market Street, Suite 400, San Francisco, CA, United States, 94105 | www.autodesk.com |
| Materialise NV ADR | View profile | 2,437 | Technologielaan 15, Leuven, Belgium, 3001 | www.materialise.com |
| Voxeljet AG ADR | View profile | 253 | Paul-Lenz Strasse 1a, Friedberg, Germany, 86316 | www.voxeljet.de |
| Sintokogio Ltd | View profile | 3,986 | 28-12, 3-Chome Mei-Eki, Nakamura-ku, Nagoya, Japan, 450-0002 | www.sinto.co.jp/ |
Latin America Desktop 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 Desktop 3D Printing Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 66.4% in 2023.
Horizon Databook has segmented the Latin America desktop 3d printing market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Central & South America 3D printing metal market is driven by the favorable government regulations. For instance, recently, Brazil government has announced a series of tax exemptions for accessories, consumables, and printers in additive manufacturing industry, making the whole process less expensive and opening new avenues for the market vendors.
Growing industrial output and technological developments in the region have created a positive impact on the manufacturing sector in the region. Moreover, end-use industries have started adopting new technologies in their traditional manufacturing processes.
Automotive industry represents numerous opportunities for additive manufacturing vendors in the market. As numerous auto parts production and assembly companies are migrating to countries outside traditional markets such as Brazil and Mexico. In Central & South America.
- Latin America Desktop 3D Printing Market Component Outlook (Revenue, USD Million , 2018-2030)
- Hardware
- Software
- Services
- Latin America Desktop 3D Printing Market Application Outlook (Revenue, USD Million , 2018-2030)
- Prototyping
- Tooling
- Functional Parts
- Latin America Desktop 3D Printing Market Vertical Outlook (Revenue, USD Million , 2018-2030)
- Education
- Fashion & Jewellery
- Objects
- Dental/Healthcare
- Food
- Lighting Fixture
- Construction
- Advertising
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Desktop 3D Printing Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Desktop 3D Printing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Desktop 3D Printing Market, 2018-2030 (US$M)
Latin America desktop 3d printing market statistics, by component, 2018-2030 (US$M)
