Breaking the mold: Developing technologies and a growing customer base will boost revenue

The 3D Printing and Rapid Prototyping Services industry has grown quickly in recent years, driven by rapid technological developments, lower costs and new applications for 3D printing technology. While the falling price of upstream 3D printing machines has encouraged many companies to purchase their own machines and bypass industry services, demand has nonetheless flourished. Over the five years to 2022, industry demand and revenue are forecast to surge forward as 3D printing and rapid prototyping explodes in popularity and accessibility, especially in consumer markets. Rising demand will be aided by the falling price of 3D printers, making industry services more cost-effective...read more.

Industry Statistics & Market Size
Revenue
$131m
Annual Growth 12-17
16.5%
Forecast Growth 17-22
Profit
Employment
683
Businesses
43
What Our Customers Say

Industry Threats & Opportunities

  • Revenue is expected to surge forward as 3D printing and rapid prototyping explodes in popularity and accessibility
  • The cost of most 3D printers is currently too high for everyday consumers
  • Using 3D printing wastes fewer raw materials, lowering overall material costs
  • Industry Report - Industry Analysis Chapter

    3D printing is a form of additive manufacturing which involves taking a raw material and melting it into microscopic layers until it creates a three-dimensional (3D) object. It differs from subtractive manufacturing, which removes material from an object to achieve a desired shape. While the 3D printing industry is nearly three decades old, operators in the 3D Printing and Rapid Prototyping services industry have witnessed a surge in demand for 3D printed products over the past few years. Rapid technological developments, falling costs and new applications for 3D printing technology have driven demand.Revenue and demand have risen rapidly in recent years amid economic recovery, as downstream customers have more money available to invest in rapid prototyping and 3D printing. Fur...purchase to read more.

    Additional Insights for the 3D Printing & Rapid Prototyping Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the 3D Printing & Rapid Prototyping Services Industry are

  • Ability to quickly adopt new technology
  • Close monitoring of competition
  • Having a good technical knowledge of the service
  • IBISWorld analysts also discuss how external factors such as Research and development expenditure and Demand from medical device manufacturing in the 3D Printing & Rapid Prototyping Services industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What is the 3D Printing & Rapid Prototyping Services Industry?

    Companies in this industry offer 3D printing and rapid prototyping, which is the automatic construction of physical objects using additive manufacturing technology. Techniques include melting or softening material to produce layers, laying liquid material thermosets that are cured, cutting thin layers to shape and joining them together. This industry does not include the sale of 3D printers and supplies.

    Industry Products
  • Selective laser sintering (SLS)
  • Fused deposition modeling (FDM)
  • Stereolithography (SLA)
  • Industry Activities
  • 3D printing
  • Rapid prototyping
  • 3D printing support services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Research and development expenditure
  • Demand from medical device manufacturing
  • Per capita disposable income
  • Private investment in industrial equipment and machinery

  • Current Performance
  • Sources of revenue
  • Low-cost 3D printers
  • A growing industry
  • Chart: Revenue Growth

  • Industry Outlook
  • Growth areas
  • A customized 3D future
  • Table: 3D Printing & Rapid Prototyping Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - 3D Printing & Rapid Prototyping Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Construction
  • Manufacturing
  • Consumers

  • Key Selling Industries
  • Aluminum Manufacturing
  • Inorganic Chemical Manufacturing
  • Organic Chemical Manufacturing
  • Printing, Paper, Food, Textile & Other Machinery Manufacturing

  • Products & Services
  • Stereolithography (SLA)
  • Fused deposition modeling (FDM)
  • Selective laser sintering (SLS)
  • Chart: 3D Printing & Rapid Prototyping Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Manufacturing companies
  • Construction and architecture companies
  • Medical companies
  • Consumers
  • Chart: Major Market Segmentation for the 3D Printing & Rapid Prototyping Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profitability
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs 3D Printing & Rapid Prototyping Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the 3D Printing & Rapid Prototyping Services Industry

  • Industry Globalization
    Proto Labs Inc.Materialise NV
  • Table: Proto Labs Inc. - financial performance
  • Table: Materialise NV - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the 3D Printing & Rapid Prototyping Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the 3D Printing & Rapid Prototyping Services Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Research and development expenditure (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Computer-Aided Design (Cad)
  • The use of computer technology for the process of design and design-documentation.
  • Computer-Aided Manufacturing (Cam)
  • The use of computer software to facilitate the manufacturing process.
  • Rapid Prototyping
  • The automatic construction of physical objects using additive manufacturing (3D printing) technology.
  • Why buy this report?

    IBISWorld’s 3D Printing & Rapid Prototyping Services Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on 3D Printing & Rapid Prototyping Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The 3D Printing & Rapid Prototyping Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on 3D Printing & Rapid Prototyping Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear