Global 3D Technology Market Analysis 2024: Trends, Growth, And Forecasts
3D Technology Market Report 2024 – Market Size, Trends, And Forecast 2024-2033
The Business Research Company’s 3D Technology Global Market Report 2024 – Market Size, Trends, And Forecast 2024-2033
LONDON, GREATER LONDON, UK, July 10, 2024 /EINPresswire.com/ -- The global 3D technology market is projected to grow from $273.55 billion in 2023 to $318.85 billion in 2024, at a CAGR of 16.6%. The market is anticipated to reach $581.91 billion by 2028, driven by the expanding applications across various industries such as automotive design, medical imaging, and entertainment.
Rise in the Entertainment Industry Propels Market Growth
The rise in the entertainment industry is a significant driver of the 3D technology market, enhancing the viewer experience through depth and realism in movies, TV shows, and games. This technology creates immersive environments, increasing viewer engagement and satisfaction. For instance, in December 2022, Ontario Creates reported a 25% rise in domestic film and television production, contributing $1.20 billion in revenue for the year. This trend underscores the growing importance of 3D technology in shaping the entertainment landscape.
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Major Players and Market Trends
Major companies operating in the 3D technology market include BASF SE, Hewlett-Packard Development Company LP, Dassault Systèmes SE, Autodesk Inc., EOS GmbH, Stratasys Ltd., Siemens AG, Renishaw plc, 3D Systems Corporation, Proto Labs Inc., Materialise NV, Desktop Metal Inc., Carbon Inc., SLM Solutions Group AG, Markforged Inc., Formlabs Inc., Arcam AB, EnvisionTEC Inc., Nano Dimension Ltd., Shapeways Inc., Voxeljet AG, Optomec Inc., ExOne Co., XYZprinting Inc., Mcor Technologies Ltd. These companies are focusing on innovative products like the Metal Jet S100 Solution to drive efficiency and enhance product customization. The Metal Jet S100 Solution, launched by Hewlett-Packard Development Company in September 2022, leverages binder jetting technology for industrial metal 3D printing, enabling mass production of high-quality metal parts with complex geometries.
Segments:
•By Product: 3D Camera, 3D Scanner, 3D Printer, 3D Imaging Designing, 3D Display Technology
•By Application: Production Parts, Prototypes, Tools And Fixtures
•By End-User Industries: Healthcare, Entertainment & Media, Education, Other End-user Industries
Geographical Insights: North America Leading the Market
North America emerged as the largest region in the 3D technology market in 2023. Asia-Pacific is expected to witness the fastest growth during the forecast period, driven by increasing adoption across industries and technological advancements.
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Three-Dimensional (3D) Technology Global Market Report 2024 from TBRC covers the following information:
•Market size data for the forecast period: Historical and Future
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Three-Dimensional (3D) Technology Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on three-dimensional (3D) technology market size, three-dimensional (3D) technology market drivers and trends, three-dimensional (3D) technology market major players, competitors' revenues, market positioning, and market growth across geographies. The three-dimensional (3D) technology market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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