3D Print Management Software Market Size (2023 - 2030)

Global 3D Print Management Software Market size is at USD 12.6 billion in 2022 and is estimated to grow to USD 34.8 billion by 2030. This market is witnessing a healthy CAGR of 22.5%. Ease in the Development of customized products, reduction in cost,and government investments have made this market grow.

With the advent of several new software in the areas of design/modeling, data preparation, simulation, and machine control (including slicing software), there are many ways to design and implement a variety of 3D print objects in the 3D printing industry. The global 3D printing software and services market is expected to record a CAGR of 25.2% between 2017 and 2022. This market growth is driven by increasing demand from a variety of end-use application industries such as the healthcare industry, consumer goods industry, automotive industry, fashion and aesthetics industry, aerospace anddefense industry, education industry, and construction industry. Manufacturers, designers, craftsmen, and individuals use state-of-the-art 3D printing and mass production to create objects for a variety of uses. 3D printing companies have responded with a variety of online 3D printing services that provide technology for a wide range of applications. Their ultimate goal is to help customers embrace the technology without investing a lot of time and money in researching 3D design principles and 3D printing technology for a particular company.

Most consumer 3D printers are available for under USD 1000, but commercial 3D printers that provide the precision and build quality that many companies need can cost thousands of dollars. Therefore, the current trend in the 3D printing industry is that many small businesses upload the designs they need and choose 3D printing services to get 3D printing products from 3D printing service providers (who already have 3D printers). Is to be. At a very low price. In other words, service bureaus that provide 3D printed objects on-demand provide small businesses with a quick way to prototype without having to invest heavily in advance. Today, most companies offer on-demand printing services for a variety of applications, including rapid prototyping, concept modeling, and aftermarket part creation. Consumer bases in this category include enthusiasts, academic institutions, research institutes, and more.

MARKET DRIVERS

Ease being developed of redone items
Accessibility of materials and progressions in 3D printing advancements has sped up the reception of print-on-request parts for the creation of modified utilitarian parts. 3D printing empowers the assembling of customized items as indicated by individual necessities and prerequisites. The organizations offer modified types of assistance, like fundamental plan improvement by planners, trailed by permitting the clients to co-plan the item. Continuous innovative headways in the current 3D printing advancements, lessening expenses of printers, and accessibility of scope of materials empower the simple assembling of specially designed items.

Expanded interest in medical care supplies because of the COVID-19 episode
The medical services industry across the globe has been seriously affected by the rise of the COVID-19 flare-up. Expanded interest in veils, individual defensive gear, testing hardware, and other clinical supplies has energized the makers of these parts to zero in on their creation. The rising number of patients and inaccessibility of unrefined components to deliver clinical gadgets and individual defensive gear have made a gigantic interruption in the store network across the globe. This has urged the producers to look for choices that can assist with assembling these parts in mass and are all around as effective as the first hardware.

MARKET RESTRAINTS

Restricted accessibility and significant expense of materials
A more noteworthy scope of unrefined components is accessible for conventional assembling than that accessible for the 3D printing-based assembling processes. Item producing utilizing 3D printing innovation is a costly cycle because of the great material expenses, which is a significant limitation to the market. However, the innovation is a significant interaction forward leap, the materials that can be utilized are as yet restricted. Additionally, the exactness and reproducibility of the items framed by 3D printing are hampered because of the absence of appropriate guidelines concerning the mechanical properties of the materials utilized.

The danger of copyright encroachment
3D printers are probably going to turn out to be extremely normal with the rising utilization of this innovation, alongside the expiry of licenses. Organizations have previously begun transferring their records on sites for clients to pick up their items, trailed by delivering them to the clients. Inferable from such expanded use, clients might expect a more serious level of customization for the items they buy. The ascent in buyer reception might prompt an expansion in 3D robbery, i.e., the capacity of clients to make the items without anyone else as opposed to getting them from providers.

Market Segmentation

3D Print Management Software Market - By Technology:

• Stereolithography (SLA)
• Fused Deposition Modeling (FDM)
• Selective Laser Sintering (SLS)
• Direct Metal Laser Sintering (DMLS)
• Polyjet/Multijet Printing (MJP)
• Electron Beam Melting (EBM)
• Digital Light Processing (DLP)
• Other Technologies

Basedon technology, 3D printing is an enhancement in available manufacturing technology and has expanded its footprint with different applications around the world. 3D Printing Technologycan print access and complex objects from smaller sizes too large sizes. The automotive vertical is a rapid technical vertical for the 3D printing market. The automotive industry has also shifted from the use of 3D printing for prototyping applications for the manufacture of final parts and products. New, better vehicle demand, and the need to optimize the manufacturing and streamline supply chain and logistics, the growth of the drifting market. 

3D Print Management Software Market - By Offerings:

• Industrial
• Desktops
• Others

Based on application, the 3-D printers segment gets the largest share of the 3D printing market. It mainly contains industrial and desktop printers. The 3D print has been exceptionally towed by traditional manufacturing processes that exceeded traditional manufacturing processes in the past 10 years, depending on the 3D printers. The manufacturing process has variousadvantages such as design flexibility, rapid prototyping, supply, minimal waste, high-speed design, production, easy access, and time and cost-efficiency. Industrial 3D printer markets are expected to achieve higher growth over the forecast period. These printers can be used for personal, occupational, and manufacturing purposes. These printers can continuously print any part or module, minimize the cost of material, and set it to guarantee much or at all. 

3D Print Management Software Market- By Region:

• North America
• Europe
• Asia-Pacific
• Latin America

Geographically, North America is at the forefront in connection with the development of 3D printing. North America dominates the market for multiple factors, including the existence of additive manufacturing companies, service offices, and engineering offices. In a 3D printing startup, an increase in investment in government support is technological innovation, but it is part of a factor that promotes the growth of the North American market. Various players are involved in different vertical research and development activities. North America also increases investment to see if there is an opportunity for the market.

Key Players

1. Stratasys (US)
2. 3D Systems (US)
3. EOS GmbH (Germany)
4. GE Additive (US)
5. Materialise (Belgium).

There has been a huge demand by the companies for such material. The companies are also showing a great interest in this technology. The Leading companies are great in their work which is making this industry even more popular in demand nowadays.

NOTABLE HAPPENINGS IN THE 3D PRINT MANAGEMENT SOFTWARE MARKET IN THE RECENT PAST:

• Partnership - In May 2022, GE Additive partnered with Protolabs and fashion designer Zac Posen to construct four gowns and a headdress for showing at the Met Gala. Electron-beam melting (EBM), Multi Jet Fusion (MJF), and stereolithography (SLA) technology were used across the items to fulfill the design requirements of wearable clothes.
• Product Launch - In March 2022, Stratasys launched a 3D printer that enables dental labs' 3D printing efficiency paired with the company’s poly jet realism and precision technology. The J5 DentaJet 3D printer is a multi-material dental 3D printer that allows technicians to load mixed trays of dental parts. The new 3D printer consumes only 4.6 sq. ft (0.43 sq. m) of floor space and can produce at least five times more dental parts on a single mixed tray than competitive 3D printers.
• Collaboration - In March 2022, Renishaw collaborated with Domin, a manufacturer of hydraulic systems and direct drive servo valves, to develop a high-performance servo valve. Under this collaboration, Domin has increased its productivity and reduced cost per part by using Renishaw’s RenAM 500Q, a four-laser AM system that is designed for serial production applications.
• Product Launch - In November 2022, Materialise introduced VR capabilities for its 3D modeling platform. The Mimics VR viewer allows clinicians to 3D print anatomical models, resulting in developing interactive models for education and training, patient engagement, physician communication, and anatomy visualization.

COVID-19 Impact on the 3D Print Management Software Market

The COVID19 Pandemic is disturbing all supply chains in the ecosystem. Considering the market, Pandemic, Healthcare, Car, Aerospace, Consumer Electronics, Retail, Energy, Power, Oil & Gas, Construction, Jewelry, Food, Petroleum & Gas, Construction, Jewelry, etc. It has a diverse impact. , Food and cooking and training. The healthcare industry gave an abnormal peak between pandemics, as the demand for personal protection such as face masks, shields, and ear straps increased. In addition,the demand for venturi valves and regulators that support patients for breathing is supported. Apart from that, e-commerce has run out the logistics due to regional and restriction locking. 3D printing manufacturers can print and distribute the goods directly and can have complete control of the materials used for manufacture, storage conditions, and distribution. They can also sell the digital files that allow the customer to print the device themselves. 

The COVID19 pandemic has also restricted several businesses across various industry verticals, including automobile, aerospace and defense, consumer electronics, food and beverages, and retail. Limitations on imports and exports from China and other APAC countries have barred manufacturing facilities across North America and Europe. This has created a significant fluctuation in overhead costs and the overall quality of the product for these manufacturers. In April 2022, the International Currency Fund (IMF) predicted a decrease in domestic production (GDP) for coronavirus pandemics. One of the second quarter of the Binder Beam System has reported a major reduction of 27%.