China Metal 3D Printing Market Size & Outlook, 2023-2030
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China metal 3d printing market highlights
- The China metal 3d printing market generated a revenue of USD 547.4 million in 2023 and is expected to reach USD 3,127.3 million by 2030.
- The China market is expected to grow at a CAGR of 28.3% 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 547.4 million |
| Market revenue in 2030 | USD 3,127.3 million |
| Growth rate | 28.3% (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, China accounted for 7.1% 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 Asia Pacific, Japan metal 3d printing market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,127.3 million by 2030.
China is emerging as a significant player in the global 3D printing metal market, driven by rapid industrialization, technological advancements, and substantial government investments. The AsiaPacific region, with China at the forefront, is expected to lead the global market for 3D printing metals in the coming years.
The Chinese government is actively investing in technology innovation and infrastructure to enhance manufacturing capabilities. These investments aim to promote the adoption of advanced manufacturing technologies, such as 3D printing, in high-performance industries like automotive and aerospace.
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Publish Date: Jul 26, 2024
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Metal 3D Printing Market Scope
Metal 3D Printing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cognex Corp | View profile | 2,992 | One Vision Drive, Natick, MA, United States, 01760-2059 | www.cognex.com |
| Keyence Corp | View profile | 10,580 | 1-3-14, Higashi-nakajima, Higashi-Yodogawa, Osaka, Japan, 533-8555 | www.keyence.co.jp |
| Basler AG | View profile | 1,059 | An der Strusbek 60-62, Ahrensburg, SH, Germany, 22926 | www.baslerweb.com |
| ISRA VISION | View profile | 1001-5000 | Darmstadt, Hessen, Germany, Europe | www.isravision.com/en/ |
| SICK, Inc | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | www.sick.com/us/en/ |
China 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 Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 64.6% in 2023.
Horizon Databook has segmented the China metal 3d printing market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
China is emerging as a significant player in the global 3D printing metal market, driven by rapid industrialization, technological advancements, and substantial government investments. The AsiaPacific region, with China at the forefront, is expected to lead the global market for 3D printing metals in the coming years.
The Chinese government is actively investing in technology innovation and infrastructure to enhance manufacturing capabilities. These investments aim to promote the adoption of advanced manufacturing technologies, such as 3D printing, in high-performance industries like automotive and aerospace.
- China Metal 3D Printing Market Component Outlook (Revenue, USD Million , 2018-2030)
- Hardware
- Software
- Services
- China Metal 3D Printing Market Printer Type Outlook (Revenue, USD Million , 2018-2030)
- Desktop Printer
- Industrial Printer
- China Metal 3D Printing Market Vertical Outlook (Revenue, USD Million , 2018-2030)
- Desktop Metal 3D Printing
- Industrial Metal 3D Printing
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Horizon Databook provides a detailed overview of country-level data and insights on the China Metal 3D Printing Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Metal 3D Printing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
China Metal 3D Printing Market, 2018-2030 (US$M)
China metal 3d printing market statistics, by component, 2018-2030 (US$M)
