Japan Metal 3D Printing Market Size & Outlook, 2023-2030
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Japan metal 3d printing market highlights
- The Japan metal 3d printing market generated a revenue of USD 750.3 million in 2023 and is expected to reach USD 3,919.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 26.6% 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.
Metal 3d printing market data book summary
| Market revenue in 2023 | USD 750.3 million |
| Market revenue in 2030 | USD 3,919.6 million |
| Growth rate | 26.6% (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, Japan accounted for 9.7% 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.
Original equipment manufacturers in Japan are increasingly embracing metal additive manufacturing processes. One notable example is JGC CORPORATION, which operates the overseas engineering, procurement, and construction (EPC) business of the JGC Group.
As part of the IT Grand Plan 2030, the company is actively promoting the "optimization of construction methods through the introduction of 3D printing." This strategic initiative aims to leverage 3D printing technology to enhance construction processes and achieve greater efficiency in the EPC business.
These developments in Japan's manufacturing sector are expected to drive the demand for 3D printing metal in the coming years. The adoption of metal additive manufacturing processes by original equipment manufacturers reflects the industry's recognition of the benefits and potential of this technology.
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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/ |
Japan 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 63.8% in 2023.
Horizon Databook has segmented the Japan metal 3d printing market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Original equipment manufacturers in Japan are increasingly embracing metal additive manufacturing processes. One notable example is JGC CORPORATION, which operates the overseas engineering, procurement, and construction (EPC) business of the JGC Group.
As part of the IT Grand Plan 2030, the company is actively promoting the "optimization of construction methods through the introduction of 3D printing." This strategic initiative aims to leverage 3D printing technology to enhance construction processes and achieve greater efficiency in the EPC business.
These developments in Japan's manufacturing sector are expected to drive the demand for 3D printing metal in the coming years. The adoption of metal additive manufacturing processes by original equipment manufacturers reflects the industry's recognition of the benefits and potential of this technology.
- Japan Metal 3D Printing Market Component Outlook (Revenue, USD Million , 2018-2030)
- Hardware
- Software
- Services
- Japan Metal 3D Printing Market Printer Type Outlook (Revenue, USD Million , 2018-2030)
- Desktop Printer
- Industrial Printer
- Japan 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 Japan Metal 3D Printing Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Metal 3D Printing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Japan Metal 3D Printing Market, 2018-2030 (US$M)
Japan metal 3d printing market statistics, by component, 2018-2030 (US$M)
