Mexico - North America Metal 3D Printing Market Size & Outlook
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Mexico metal 3d printing market highlights
- The Mexico metal 3d printing market generated a revenue of USD 354.3 million in 2023 and is expected to reach USD 1,535.8 million by 2030.
- The Mexico market is expected to grow at a CAGR of 23.3% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Hardware 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 354.3 million |
| Market revenue in 2030 | USD 1,535.8 million |
| Growth rate | 23.3% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| 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, Mexico accounted for 4.6% 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 North America, U.S. metal 3d printing market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 1,535.8 million by 2030.
The Mexican 3D printing metal market is witnessing growth and is influenced by various factors. Countries like Mexico are experiencing a rise and expanding in metal additive manufacturing activities, particularly in industries such as aerospace, automotive, healthcare, and consumer goods.
Manufacturers in Mexico are expanding their strategy initiatives, research and development efforts, and product launches to capitalize on the opportunities presented by 3D printing metal technologies. For instance, in October 2023, Tecnológico de Monterrey, a renowned educational institution in Mexico, established the Core Lab for Additive Manufacturing as part of its Institute of Advanced Materials for Sustainable Manufacturing (IAMSM).
This strategic laboratory, located in Monterrey, Nuevo León, is equipped with state-of-the-art facilities to promote research and technology transfer activities in additive manufacturing and Industry 4.0. The lab focuses on developing materials, functional prototypes, and fostering collaboration among industry, research centers, universities, and end-users.
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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/ |
Mexico - North America 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 64.97% in 2023.
Horizon Databook has segmented the Mexico - North America metal 3d printing market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Mexican 3D printing metal market is witnessing growth and is influenced by various factors. Countries like Mexico are experiencing a rise and expanding in metal additive manufacturing activities, particularly in industries such as aerospace, automotive, healthcare, and consumer goods.
Manufacturers in Mexico are expanding their strategy initiatives, research and development efforts, and product launches to capitalize on the opportunities presented by 3D printing metal technologies. For instance, in October 2023, Tecnológico de Monterrey, a renowned educational institution in Mexico, established the Core Lab for Additive Manufacturing as part of its Institute of Advanced Materials for Sustainable Manufacturing (IAMSM).
This strategic laboratory, located in Monterrey, Nuevo León, is equipped with state-of-the-art facilities to promote research and technology transfer activities in additive manufacturing and Industry 4.0. The lab focuses on developing materials, functional prototypes, and fostering collaboration among industry, research centers, universities, and end-users.
- Mexico - North America Metal 3D Printing Market Component Outlook (Revenue, USD Million , 2018-2030)
- Hardware
- Software
- Services
- Mexico - North America Metal 3D Printing Market Printer Type Outlook (Revenue, USD Million , 2018-2030)
- Desktop Printer
- Industrial Printer
- Mexico - North America 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 Mexico - North America Metal 3D Printing Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Metal 3D Printing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Mexico - North America Metal 3D Printing Market, 2018-2030 (US$M)
Mexico metal 3d printing market statistics, by component, 2018-2030 (US$M)
