The Development of Global 3D Printing Market Scale in 2020

(The Development of Global 3D Printing Market Scale in 2020)

Since the birth of 3D printing for more than 30 years, the average annual
growth rate of global revenue in this field, including equipment, materials and
services, has been 26.1%, and the average growth rate in the past four years has
been 20.8%, and has been at a double-digit rate for 23 years. increase. This
industry has huge untapped potential. Due to the impact of the epidemic,
although the development of the 3D printing market will slow down in 2020, it
will still maintain positive growth.

The overall market reached 12.758 billion US dollars, an increase of 7.5%

By summarizing the data of 261 service providers, system manufacturers and
material manufacturers around the world, the "Wohlers Report 2021" pointed out
that the global 3D printing market will reach USD 12.758 billion in 2020, an
increase of 7.5% compared to 2019, which is lower than the previous 21.2 %
Growth rate. Many companies around the world have been affected by the epidemic,
and layoffs and expenditure cuts are even more common.

It should be pointed out that the market size of 12.758 billion US dollars
only involves equipment, materials, software, training, after-sales,
exhibitions, etc. directly related to 3D printing, and does not include its use
in automobiles, aerospace, medical/dental products, sporting goods, The value
generated by applications such as jewelry does not include venture capital and
other forms of investment. If these are included, the scale of the 3D printing
market will be difficult to quantify.

In 2020, the global market for all 3D printing-related products, including
printers, materials, software, and optical systems, is estimated to be US$5.303
billion, an increase of 5.1% from US$5.043 billion in 2019. Among them,
equipment sales are estimated at 3.014 billion U.S. dollars, the same as the
3.013 billion U.S. dollars in 2019.

Mainstream 3D printing materials will change

When system sales decline, manufacturers will put more energy into increasing
service sales, and this increase corresponds to the increase in material sales
in 2020. Last year, the global 3D printing materials market was estimated at
US$2.105 billion, including materials for industrial and desktop systems, not
limited to metal and polymer powders, liquid resins, wires and pellets, etc.
This market is compared to US$1.916 billion in 2019. An increase of 9.9%.

The market for photopolymers was US$634.9 million, an increase of 3.8%
compared to 2019; the market for thermoplastic polymers used in powder beds was
US$629.2 million, an increase of 16.7% compared to 2019. This includes lasers
and high-temperature adhesives. Powder for injection molding process. The
comparison of the two sets of data found that the most used 3D printing
materials may change in the next few years, and polymer powders are about to
surpass photosensitive resins to become the most popular 3D printing materials.
The sales of thermoplastic filaments reached US$414.1 million, an increase of
5.0% compared to US$394.3 million in 2019; the revenue of metal 3D printing
materials increased by 15.2% to approximately US$383.4 million, up from 332.7
million in 2019 US dollars.

In terms of materials used, photosensitive resin has been the most important
3D printing material for a long time. In the past five years, polymer powder
used in powder beds has caught up with photosensitive resin and is expected to
replace it in the next few years. Become the main material. According to the
survey, polyamide in polymers and aluminum alloy powder in metals are the most
profitable 3D printing materials for services.

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(The Development of Global 3D Printing Market Scale in 2020)