The global desktop 3D printer market size was US$ 71.79 billion in 2021. The global desktop 3D printer market is forecast to grow to US$ 410.1 billion by 2030 by growing at a compound annual growth rate (CAGR) of 21.5% during the forecast period from 2022 to 2030.

Factors Influencing the Market

Desktop 3D printers find their wide applications in various industrial verticals, such as education & art, fashion & aesthetics, toys & consumer Devices, household goods, healthcare, etc. As a result, it will drive the growth of the global desktop 3D printer market during the study period.

The growing number of fundings by the government bodies will surge the growth of the global desktop 3D printer market. Due to government support, various desktop 3D printer manufacturers have witnessed a surge in revenue growth. For instance, the Chinese government introduced a new policy to install a 3D printer in around 400,000 elementary schools. Such initiatives are forecast to fuel the growth of the global desktop 3D printers market.

The declining cost of desktop 3D printers is forecast to offer ample growth opportunities for the desktop 3D printer market. In addition, the contribution of 3D printing technology in the innovation of new technologies will escalate the market growth during the study period.

The growing number of innovations, partnerships, and launches will accelerate the market growth. For instance, MakerBot inked a pact with D&H in 2015. This partnership aims to distribute 3D printers and scanners in education, healthcare, and government verticals.

COVID-19 Impact Analysis

The sudden wake of the COVID-19 pandemic disrupted the manufacturing of the desktop 3D printers. Due to the pandemic, manufacturing units had no choice but the halt the activities for a short time. In addition, the shortage of laborers and raw supplies further restricted the growth of the desktop 3D printer market. In addition, the pandemic also affected the demand for the technology from end-user industries, which ultimately restricted the market growth.

Regional Analysis

The Asia-Pacific desktop 3D printer market is forecast to grow at the highest growth rate, owing to the contribution of emerging countries like China and India. China is forecast to dominate the regional market in terms of revenue. It is due to the presence of prominent manufacturing units in these markets. In addition, the growing healthcare expenditure and favorable policies by governments will contribute to the growth of the market.

Competitors in the Market

3DCeram
Canon, Inc.
Autodesk, Inc.
Arcam AB
3D Systems, Inc.
EnvisionTec, Inc.
ExOne
Made In Space
Optomec, Inc.
Proto Labs, Inc.
Shapeways, Inc.
Stratasys Ltd.
Tiertime
Voxeljet AG
Dassault Systemes
EOS (Electro-Optical Systems) GmbH
GE Additive, HP Inc.
Materialise NV.
Organovo Holdings Inc.
Other Prominent Players
Market Segmentation

The global desktop 3D printer market segmentation focuses on Components, Applications, and Regions.

By Components

3D Printing Materials

Technologies

By Application

Education & Art

Fashion & Aesthetics

Toys & Consumer Devices

Household Goods

Healthcare

Others (Prototyping, R&D, Food, Mold, Commercial Products

By Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America