AI in 3D Printing Market Towards USD 34.8 Billion by 2033

Yogesh Shinde
Yogesh Shinde

Updated · Apr 29, 2024

SHARE:

Market.us Scoop, we strive to bring you the most accurate and up-to-date information by utilizing a variety of resources, including paid and free sources, primary research, and phone interviews. Learn more.
close
Advertiser Disclosure

At Market.us Scoop, we strive to bring you the most accurate and up-to-date information by utilizing a variety of resources, including paid and free sources, primary research, and phone interviews. Our data is available to the public free of charge, and we encourage you to use it to inform your personal or business decisions. If you choose to republish our data on your own website, we simply ask that you provide a proper citation or link back to the respective page on Market.us Scoop. We appreciate your support and look forward to continuing to provide valuable insights for our audience.

Introduction

The Global AI in 3D printing Market size is expected to be worth around USD 34.8 Billion by 2033, from USD 1.6 Billion in 2023, growing at a CAGR of 36.5% during the forecast period from 2024 to 2033. The AI in 3D printing market is evolving rapidly, marked by significant growth and diversification across various industries. Growth factors include advancements in technologies such as Direct Metal Laser Sintering (DMLS) and Fused Deposition Modeling (FDM), which enhance printing capabilities and efficiency.

The AI-enhanced 3D printing market is poised for significant growth, driven by the integration of artificial intelligence which enhances the capabilities of 3D printers in terms of precision, speed, and types of materials that can be used. However, this market faces challenges such as high material costs and the complexity of machine operations which can be barriers to entry for new companies​​.

Opportunities for new entrants include the rapid expansion of niche markets like customized medical devices and lightweight aerospace components. Moreover, the trend towards localized production to reduce the environmental impact also presents a strategic entry point for new businesses. Innovations in recycled materials and pellet-based systems are helping to reduce costs and improve efficiency, making entry more feasible for startups.

AI in 3D Printing Market

To learn more about this report – request a sample report PDF

Key Takeaways

  • The global AI in 3D printing market is projected to reach USD 34.8 billion by 2033, expanding at a compound annual growth rate (CAGR) of 36.5% from 2024 to 2033.
  • Hardware: Dominates the market with a 45.2% share in 2023.
  • Software and Services: Also play crucial roles but follow behind in market share.
  • The application focused on efficiency enhancement leads with a 21.4% share, indicating a strong preference for optimizing printing processes using AI technologies.
  • Machine learning technology emerges as the leader, holding a 25% share in 2023. This underscores its pivotal role in advancing 3D printing capabilities.
  • The automotive industry is at the forefront, claiming a 19.7% share of the global market, reflecting its rapid adoption of AI-driven 3D printing for prototyping and production.
  • North America remains the leading market, with a 34% share in 2023, driven by advanced manufacturing infrastructure and significant investments in AI technologies.

AI in 3D printing Statistics

  • The Artificial Intelligence (AI) market is poised for significant growth, with projections suggesting its valuation could rise to approximately USD 2,745 billion by 2032, up from USD 177 billion in 2023. This represents a robust compound annual growth rate (CAGR) of 36.8% over the forecast period from 2024 to 2033.
  • Similarly, the 3D Printing market is on a trajectory of rapid expansion. Valued at USD 19.8 billion in 2023, it is expected to escalate to around USD 135.4 billion by 2033, growing at a CAGR of 21.2% during the same period.
  • 80% of manufacturers believe that both AI and 3D printing will become integral to their production processes by 2025. The integration of AI is set to enhance the speed of 3D printing operations by 20%. Additionally, 60% of Europeans view AI and 3D printing as revolutionary for their workplaces.
  • In the manufacturing and supply chain sector, AI is anticipated to generate revenues exceeding USD 300 billion by 2026, which includes contributions from the 3D printing industry. Companies like General Electric have already benefited from this synergy, achieving a 35% increase in efficiency for jet engine components through AI and 3D printing.
  • AI-enhanced software has proved pivotal in 3D printing, offering real-time error detection with 90% accuracy. Furthermore, machine learning algorithms are reducing waste by up to 50%, demonstrating the environmental and economic impacts of these technologies.
  • The market for additive manufacturing, spurred by AI, is expected to hit USD 17.8 billion by 2024. AI’s role in cutting design times by up to 25% in 3D printing processes is critical for industries looking to expedite production cycles.
  • Significant investments have been made in AI and 3D printing within key sectors, with healthcare, automotive, and aerospace leading the way, contributing 16%, 16%, and 11% respectively. A Deloitte survey highlighted that 41% of executives foresee major disruptions within their industries due to AI-driven 3D printing within five years.
  • Moreover, 80% of organizations in a Teradata survey affirmed the revolutionary potential of AI and 3D printing in manufacturing. Around 75% of IoT providers have integrated AI with 3D printing to enhance technology capabilities.
  • Siemens has notably decreased the design time of components by 90% using AI and 3D printing, showcasing the efficiency improvements possible with these technologies. The demand for 3D printing and AI skills has influenced 35% of engineering job requirements.
  • Overall, 65% of manufacturing executives deem 3D printing crucial to their operational strategies, with many adopting AI to boost production efficiency by up to 80%. This integration signifies a transformative shift in manufacturing, poised to redefine industry standards and efficiencies.

Drive Your Growth Strategy! Purchase the Report to Uncover Key Insights: https://market.us/purchase-report/?report_id=118982

Emerging Trends

  • AI-Driven Automation and Optimization: AI is transforming 3D printing by automating design processes and optimizing manufacturing operations. This includes the use of AI to quickly draft proposals for specific designs within CAD software suites, enhancing the speed and reducing the need for extensive engineering experience​.
  • Quality Control Enhancements: AI-enabled 3D printers are increasingly capable of detecting and correcting errors before and during the printing process. Technologies like ‘Spaghetti Detection’ use machine learning to prevent failures in print jobs, which is especially crucial in industries like aerospace where precision is paramount​​.
  • Generative Design: AI is also making it easier for non-experts to design complex objects. Tools like ChatGPT may soon allow people to create detailed 3D models using simple voice commands, democratizing design capabilities beyond traditional CAD users​​.
  • Sustainable Manufacturing: The integration of AI in 3D printing is pushing forward the use of sustainable materials and practices. This includes the development of new, reactive materials and 4D printing technologies that respond to environmental changes, aiming to reduce the overall carbon footprint of manufacturing processes​​.
  • Expanded Material Options and 4D Printing: Innovations in material science are leading to the use of novel, responsive materials that can change properties under different conditions, which is particularly relevant for applications in aerospace, medical technology, and smart textiles.

Top Use Cases

  • Aerospace and Defense: AI-enhanced 3D printing is crucial for producing complex, lightweight components that reduce the overall weight of aircraft and spacecraft, thereby improving fuel efficiency and performance​.
  • Medical Applications: In healthcare, AI is enabling the creation of customized prosthetics and implants tailored to individual patient needs. This technology uses patient-specific data from imaging to design and print personalized medical devices quickly and efficiently​​.
  • Automotive Industry: AI is being used to design parts that are not only durable but also lighter, which can lead to more fuel-efficient vehicles. The ability to produce parts on demand also reduces inventory costs and waste​​.
  • Construction and Housing: AI-assisted 3D printing is being applied in the construction industry to create buildings and infrastructure faster and with reduced material waste. This includes the use of 3D printing for creating complex architectural forms or even entire structures​​.
  • Consumer Products and Electronics: The flexibility of 3D printing facilitated by AI allows for the creation of customized consumer products and electronics. This includes everything from personalized gadgets to wearables that conform to individual aesthetic or functional preferences​.

Major Challenges

  • Qualification of Materials and Processes: The qualification of new materials and processes remains a significant hurdle. The standardization and repeatability of outcomes are often inconsistent, which impedes broader adoption of 3D printing technologies​.
  • Integration with Existing Workflows: Integrating AI into existing 3D printing workflows presents challenges, particularly in standardizing data inputs across diverse hardware and software platforms​.
  • High Costs of Advanced Technologies: The costs associated with advanced AI and 3D printing technologies can be prohibitively high, especially for smaller operations or those new to the field​​.
  • Technical Skill Gap: There is a notable gap in the technical skills required to effectively operate and leverage AI-enhanced 3D printing technologies. This includes both the operation of the machinery and the interpretation of AI-driven outputs​​.
  • Data Management and Security: Effective data management and ensuring the security of intellectual property and sensitive information within AI systems pose additional challenges​​.

Market Opportunities

  • Healthcare Sector: The healthcare sector presents significant growth opportunities for AI in 3D printing, especially in the creation of custom medical devices and prosthetics, which benefit from AI’s capabilities in precision and personalization​​.
  • Automating the Printing Process: AI’s ability to automate and optimize 3D printing processes reduces errors and increases efficiency, offering significant improvements in production capabilities and cost reductions​​.
  • Material Innovation: AI facilitates the discovery and qualification of new materials, which can open up new applications and improvements in product performance. This is particularly relevant in industries requiring specialized materials, such as aerospace and automotive​​.
  • Regional Growth: North America is expected to continue dominating the market share, but there are also expanding opportunities in Europe and Asia-Pacific regions, driven by industrial growth and technological advancements​.
  • Post-Processing Enhancements: Advances in AI-driven post-processing techniques can significantly enhance the quality and functionality of 3D printed products, making them more attractive for industrial applications and consumer products​.

Recent Developments

  • In April 2024, OsseoLabs, a medical device startup, advanced its surgical solutions through AI in 3D printing technology and announced the product launch in the US market.
  • In April 2023, Nexa3D, one of the major players in the market, acquired AddiFab, a supplier of 3D printing equipment. This acquisition was done to enhance Nexa3D’s printing technology by using AddiFab’s Freeform Injection Molding Technology to support Nexa3D’s NXE SLA 3D printers.
  • The report mentions that the year 2022 witnessed a significant rise in investments within AI-enhanced 3D printing startups. As an example, it cites Seurat Technologies, a 3D metal printing company, which raised ~$99 million in a Series C funding round led by NVentures (Nvidia’s investment arm) and Capricorn’s Technology Impact Fund.
  • In February 2021, the German company Hyperganic successfully raised around ~$7.8 million in venture capital funding. Hyperganic is integrating AI with 3D printing to mimic complex natural structures and developing AI-powered software for advanced manufacturing.

Conclusion

The AI in 3D printing market is set for considerable expansion, driven by continuous technological innovations and growing demand across multiple industrial sectors. While challenges in cost and complexity persist, the opportunities for market entrants and established players alike are significant, with the potential for substantial returns on investment in AI-driven 3D printing solutions. The future of manufacturing in sectors like healthcare, aerospace, and automotive appears increasingly reliant on these advanced technologies, pointing towards a sustained growth trajectory for the AI in 3D printing market.

Discuss Your Needs With Our Analyst

Please share your requirements with more details so our analyst can check if they can solve your problem(s)

SHARE:
Yogesh Shinde

Yogesh Shinde

Yogesh Shinde is a passionate writer, researcher, and content creator with a keen interest in technology, innovation and industry research. With a background in computer engineering and years of experience in the tech industry. He is committed to delivering accurate and well-researched articles that resonate with readers and provide valuable insights. When not writing, I enjoy reading and can often be found exploring new teaching methods and strategies.

Latest from the featured industries
Request a Sample Report
We'll get back to you as quickly as possible