Summary

The 3D printing market in North America has been rapidly growing in recent years, driven by the increasing adoption of 3D printing technology in various industries, including aerospace, automotive, healthcare, and consumer goods. The market is being driven by factors such as efficient material use, reduced human errors, product customization, and reduced production time and cost. Application in various industries and an expanded material selection are likely to provide numerous growth opportunities. The initiatives of the American governments for the development of 3D printing and funding for research and development accelerate the adoption of this technology in this region. For instance, North American researchers are exploring the use of 3D printing for organ transplants. Researchers at Wake Forest University in North Carolina have printed functional human liver tissue, and researchers at the University of Toronto have printed vascular networks that could be used in the creation of functional organs. Also, North American companies are using 3D printing to create unique marketing campaigns. Coca-Cola and Hershey's have both used 3D printing to create personalized products for customers, such as miniature versions of Coke bottles or chocolate bars with custom messages. 3D printing is being used to create sustainable products in North America. Companies such as Ecovative and Mogu are using 3D printing to create biodegradable and sustainable products, such as packaging and building materials. 3D printing is being used in the entertainment industry in North America. Studios such as Disney and Marvel are using 3D printing to create props, costumes, and even characters for movies and TV shows. Further, the University of Southern California is developing 3D printing technology that can print concrete structures, and Winsun, a Chinese company, has used 3D printing to construct multiple houses in the United States.

According to the research report, "North America 3D Printing Market Outlook, 2028," published by Bonafide Research, the market was valued at USD 5.90 billion in 2022. Industrialized countries such as Canada and the United States are investing more in modern manufacturing technologies, which is driving this region's market revenue growth. Consumer goods, healthcare, education and research, defence, aerospace, and automotive are all major users of 3D printing technology. Furthermore, 3D printing is used in the healthcare and dental industries to create prosthetics, medical devices, and dental fixtures, which is expected to drive market revenue growth. ExOne announced the first set of orders for the company's new InnoventPro 3L metal 3D printer on November 10, 2021. As one of the first orders, Neoshapes, a Geneva-based jewelry company, used the InnoventPro 3L to 3D print luxury products made of precious metals such as gold, platinum, and silver. InnoventPro's ultra-fine MIM powder control is also supported by the new X1 Powder Grip, a two-liter powder container. In the North American 3D printing market, a large number of companies offer 3D printers, 3D printing materials, and 3D printing services. ExOne announced collaboration with Maxxwell Motors to develop 3D-printed copper windings in August 2021. Maxxwell Motors will be able to use a newly developed, one-of-a-kind copper e-winding design in their innovative axial flux electric motors for electric cars, heavy-duty vehicles, and industrial devices as a result of this collaboration. North America is home to the world's largest 3D-printed object. Oak Ridge National Laboratory in Tennessee printed a 17.5-foot-long, 5.5-foot-wide, and 1.5-foot-tall trim-and-drill tool.

Rising investments by major peers, falling printer prices, and a supportive regulatory framework have all contributed to the growth of 3D printing in North America. The government of North America has recognized the vast applications and enormous benefits of 3D printing and is facilitating the adoption of this innovative technology. However, legal issues encountered by major 3D players while implementing such advanced technology, such as restrictions on the production of 3D printed armaments, pose a challenge to the market potential of the North American 3D printing market. Furthermore, the reduction in costs for mass customization has accelerated product development through additive manufacturing. The region includes the United States, Canada, and Mexico. The United States is expected to grow the fastest, owing to increased IT spending and rapid adoption in a variety of industry verticals, including consumer goods, health care, automobiles, defense, and aerospace. Canada has captured the second-largest market in additive manufacturing, having significantly revolutionized the country's manufacturing industry. These countries were among the most visible and early adopters of these technologies in a variety of manufacturing processes.

Growth opportunities will arise as 3D printing spreads across industries and more materials become available. Growth is expected to be rapid due to technological advancements and the elimination of entry barriers such as shoddy craftsmanship and a lack of technical know-how in international markets, with the United States serving as the industry's primary source of revenue. Furthermore, it is expected that the leading market players' efforts in the region to develop and disseminate novel 3D concrete printing processes will contribute to the market's growth. Because the United States manufactures a large number of ICE vehicles and is rapidly developing electric vehicles, 3D-printed parts are in high demand. The presence of hundreds of automobile manufacturers in the country necessitates the use of additive manufacturing technology for research and development as well as components such as interior trims, dashboards, and exterior components. Aerospace industry titans such as Boeing, Airbus, GE Aerospace, and NASA are widely accepting and investing in 3D-printed electronics. As of 2018, the company had manufactured and was preparing to install 3D-printed spacer panels on its commercial A320 aircraft.

According to the research report, the market is segmented into two major printer types, including desktop 3D printers and industrial 3D printers. Among them, industrial 3D printers will dominate the market in 2022 with a higher market share. Industrial 3D printers are used in a variety of industries in North America. These industries require high precision and high volumes of production, which is why they use industrial 3D printers. In the aerospace industry, for example, industrial 3D printers are used to produce lightweight, high-strength parts for aircraft and spacecraft. In the automotive industry, they are used to produce custom parts and prototypes for testing and development. In the medical industry, industrial 3D printers are used to produce prosthetics, implants, and other medical devices. They are also used to create patient-specific models for surgical planning and training. In the dental industry, industrial 3D printers are used to produce custom dental implants, crowns, and bridges. They are also used to create models for orthodontic treatments. On the other hand, desktop 3D printers are expected to grow at a higher CAGR as they are more affordable, more accessible, and easier to use than industrial 3D printers. They are also smaller and more compact, making them ideal for use in homes, schools, and small businesses. Additionally, desktop 3D printers are often used for prototyping and small-scale production, which is a common use case in North America.

The North American 3D printing market is characterized by a wide range of offerings and a high degree of innovation, with new products and technologies continually being developed and introduced to the market, including printers, materials, services, and software. The market offers a wide range of 3D printers, including desktop, industrial, and metal printers. Some of the popular brands of 3D printers in North America include Stratasys, 3D Systems, Ultimaker, MakerBot, and Formlabs. However, materials are projected to grow at a higher CAGR by 2023–2028. Some of the major material suppliers in North America include Arkema, BASF, DSM, Evonik, and SABIC. 3D printing software is essential for designing and preparing 3D models for printing. Some of the popular software offerings in North America include Autodesk, SolidWorks, and Siemens NX. 3D printing services are also emerging across the region, ranging from prototyping to production. Some of the major service providers in North America include 3D Hubs, Proto Labs, and Materialise. Based on the application, the market is segmented into prototyping, functional part manufacturing, and tooling. Among them, the prototyping segment is expected to dominate the market by the end of the forecast period with over 50% of the market. It allows designers and engineers to quickly create physical models of their designs and test them before investing in traditional manufacturing methods. This application is used in industries such as aerospace, automotive, and consumer products.

Various government organizations, such as NASA, have identified that significant investments in 3D printing technologies can significantly contribute to space applications and the development of zero-G technologies, thereby driving market growth. Fitness trackers and smart clothing are also expected to drive 3D printing technology in the United States. Furthermore, changing consumer preferences and an increasing need for customization have created a need for flexible bands and electronics systems that can be realized using 3D printing technology, driving its growth. In addition to that, 3D printing is being used to create custom dental implants in North America. Companies such as Stratasys are creating 3D printers that can produce dental implants that are more precise and comfortable for patients. In the region, the National Additive Manufacturing Innovation Institute (NAMII) is a public-private institute for manufacturing innovation in the U.S. that helps accelerate these technologies into the U.S. manufacturing sector. The most widely used 3D printing processes in North America are fused deposition modeling (FDM) and stereolithography (SLA). FDM is a process in which a thermoplastic filament is heated and extruded through a nozzle, layer by layer, to create a three-dimensional object. SLA, on the other hand, uses a liquid resin that is cured by a laser or light source to form solid layers. Both of these processes are relatively fast and affordable, making them popular choices for both prototyping and small-scale production runs. However, other 3D printing processes such as selective laser sintering (SLS), direct metal laser sintering (DMLS), and multi-jet fusion (MJF) are also gaining popularity in North America, particularly for industrial and high-precision applications.

There are many annual events and conferences related to 3D printing and additive manufacturing that take place in North America. For instance, Rapid + TCT is one of the largest additive manufacturing conferences in North America, which takes place annually and showcases the latest advancements in 3D printing, including hardware, software, materials, and applications. The conference is typically held in different locations each year. The Additive Manufacturing Users Group (AMUG) Conference is an annual event that brings together 3D printing professionals from around the world. The conference focuses on sharing knowledge and expertise related to 3D printing and additive manufacturing, as well as providing networking opportunities. The Inside 3D Printing Conference and Expo is a series of international events focused on 3D printing and related technologies. The conference features keynote speakers, exhibits, and workshops on topics ranging from design and prototyping to manufacturing and production. The TCT Show is an annual event held in Birmingham, UK, but also with a North American version, focused on showcasing the latest advancements in 3D printing and additive manufacturing. The event includes exhibits, keynote speeches, and networking opportunities for professionals in the industry. Formnext is an annual trade fair focused on additive manufacturing and 3D printing that takes place in Frankfurt, Germany. The event showcases the latest technologies and innovations in the field, including hardware, software, and materials.

Furthermore, there are several technology expos in North America that showcase the latest advancements in 3D printing and additive manufacturing. For instance, the CES (Consumer Electronics Show) is an annual trade show that takes place in Las Vegas, Nevada, and is one of the largest technology expos in the world. CES features exhibits from various industries, including 3D printing, and showcases the latest hardware, software, and applications. The Inside 3D Printing Conference and Expo is a series of international events focused on 3D printing and related technologies. The conference features keynote speakers, exhibits, and workshops on topics ranging from design and prototyping to manufacturing and production. The Additive Manufacturing Conference is an annual event focused on additive manufacturing and 3D printing that takes place in various locations in North America. The conference features expert speakers, exhibits, and workshops on topics such as design, materials, and production. Pacific Design and Manufacturing is an annual trade show that takes place in Anaheim, California, and features exhibits and presentations on a range of topics, including 3D printing, design, and prototyping. Advanced Design and Manufacturing Expo is a series of trade shows that take place in various locations in North America, including New York, Toronto, and Montreal. The expo features exhibits from a range of industries, including 3D printing and additive manufacturing. These events provide an opportunity for professionals in the industry to learn about new technologies, network with other professionals, and stay up-to-date with the latest trends and advancements.

Companies Mentioned in this Report:
Stratasys, 3D Systems,Inc., Materialise NV, EOS GmbH, General Electric Additive, voxeljet AG , SLM Solutions, Renishaw plc, Proto Labs, Design fusion, Ultimaker BV, Tiertime, New Kinpo Group, Hoganas AB, Covestro, Desktop Metal,Inc., Nano Dimension, Formlabs, Carbon, Inc. , Markforged Holding Corp

Considered in this report
• Geography: North America
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• North America 3D Printing market with its value and forecast along with its segments
• Country-wise 3D Printing market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Countries covered in the report:
• United States
• Canada
• Mexico

By Offerings:
• Printers
• Materials
• Services
• Software

By Printer Type:
• Desktop 3D Printer
• Industrial 3D Printer

By Application Type:
• Prototyping
• Functional Part Manufacturing
• Tooling

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started doing primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the 3D printing industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

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