Product Code: GVR-4-68040-268-0
Selective Laser Sintering Equipment Market Growth & Trends:
The global selective laser sintering equipment market size is anticipated to reach USD 2.5 billion by 2030, registering a CAGR of 23.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing demand for customized and personalized products across industries such as aerospace, automotive, healthcare, and consumer goods is driving the adoption of SLS equipment, which enables on-demand production of highly complex and customized parts without the need for tooling.
In addition, continuous development and introduction of new materials compatible with SLS technology, including engineering-grade plastics, metals, ceramics, and composites, expand the application potential of SLS equipment across various industries. Further, SLS technology enables rapid prototyping and quick iteration of designs, reducing the time-to-market for new products. This capability is particularly advantageous in industries where speed and agility are critical for maintaining a competitive edge.
Integration of SLS equipment with Industry 4.0 principles, such as automation, connectivity, and data analytics, enhances manufacturing efficiency, quality control, and production flexibility, driving its adoption in smart factories and digital manufacturing environments. Also, the ability of SLS technology to produce parts with minimal material waste compared to subtractive manufacturing methods aligns with sustainability initiatives in various industries, driving the adoption of SLS equipment as a more environmentally friendly manufacturing solution.
Reducing time-to-market is another critical factor fueling the adoption of SLS equipment. In today's fast-paced business environment, companies strive to bring new products to market quickly and efficiently. SLS technology facilitates rapid prototyping and iterative design processes, enabling companies to iterate designs swiftly, conduct feasibility studies, and accelerate product development cycles. Accordingly, businesses can capitalize on market opportunities more effectively and maintain a competitive edge.
Manufacturers of selective laser sintering equipment are adopting several strategies, such as acquisitions, mergers, joint ventures, new product launches, and geographical expansion, to enhance market penetration and cater to changing technological demands from various end-user such as automotive, aerospace & defense, healthcare, and electronics. For instance, in March 2023, 3D Systems entered into a collaboration with TE Connectivity, a prominent producer of connectors and sensors, with the goal of developing an additive manufacturing technique for producing electrical connections.
Selective Laser Sintering Equipment Market Report Highlights:
- The plastics material segment is expected to exhibit lucrative growth over the forecast period. Continuous innovation in plastic materials compatible with SLS technology drives the expansion of the plastics segment. Manufacturers are developing new polymers with enhanced properties such as strength, flexibility, heat resistance, and durability, broadening the range of applications for SLS in industries including automotive, aerospace, and consumer goods.
- The gas laser type segment held the largest share of the global revenue in 2023. Gas lasers can sinter a wide range of materials, including polymers, metals, and ceramics. This versatility makes gas laser-based SLS equipment attractive to industries requiring diverse material options for their manufacturing processes.
- The industrial printer technology segment is expected to show lucrative growth over the forecast period. Industrial SLS printers are equipped with advanced automation features and integration capabilities, streamlining production workflows, and reducing manual intervention. Integration with digital manufacturing systems and Industry 4.0 technologies enhances productivity, traceability, and quality control.
- The automotive end-use segment held the largest share of the global revenue in 2023. The automotive industry is increasingly focused on lightweight vehicles to improve fuel efficiency and reduce emissions. SLS technology enables the production of lightweight, yet durable components by using advanced materials like carbon fiber-reinforced polymers and metal alloys. These lightweight parts contribute to overall vehicle weight reduction, enhancing fuel efficiency and sustainability.
- Asia Pacific dominated the global market in 2023. Asia Pacific is home to some of the world's largest manufacturing economies, including China, Japan, South Korea, and India. The region's robust manufacturing sector, fueled by factors such as population growth, urbanization, and industrialization, drives significant demand for advanced manufacturing technologies including selective laser sintering equipment.
- In April 2023, 3D Systems announced that the University Hospital of Salzburg in Austria had successfully integrated its unique suite of point-of-care additive manufacturing solutions.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope and Assumptions
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Selective Laser Sintering Equipment Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Segmentation & Scope
- 3.3. Penetration & Growth Prospect Mapping
- 3.4. Industry Value Chain Analysis
- 3.4.1. Raw Material Outlook
- 3.4.2. Manufacturing Outlook
- 3.4.3. Distribution Outlook
- 3.5. Regulatory Framework
- 3.6. Technology Overview
- 3.7. Selective Laser Sintering Equipment Market - Market dynamics
- 3.7.1. Market Driver Analysis
- 3.7.2. Market Restraint Analysis
- 3.7.3. Market Challenges Analysis
- 3.7.4. Market Opportunity Analysis
- 3.8. Industry Analysis Tools: Selective Laser Sintering Equipment Market
- 3.8.1. Porter's Five Forces Analysis
- 3.8.2. Macroeconomic Analysis
- 3.9. Economic Mega Trends Analysis
Chapter 4. Selective Laser Sintering Equipment Market: Material Estimates & Trend Analysis
- 4.1. Selective Laser Sintering Equipment Market: Material Outlook
- 4.2. Selective Laser Sintering Equipment Market: Material Movement Analysis, 2023 & 2030
- 4.3. Plastics
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4. Metal
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.5. Nylon
- 4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Selective Laser Sintering Equipment Market: Laser Type Estimates & Trend Analysis
- 5.1. Selective Laser Sintering Equipment Market: Laser Type Outlook
- 5.2. Selective Laser Sintering Equipment Market: Laser Type Movement Analysis, 2023 & 2030
- 5.3. Solid Laser
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4. Gas Laser
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Selective Laser Sintering Equipment Market: Technology Estimates & Trend Analysis
- 6.1. Selective Laser Sintering Equipment Market: Technology Outlook
- 6.2. Selective Laser Sintering Equipment Market: Technology Movement Analysis, 2023 & 2030
- 6.3. Desktop Printer
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4. Industrial Printer
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. Selective Laser Sintering Equipment Market: End-use Estimates & Trend Analysis
- 7.1. Selective Laser Sintering Equipment Market: End-use Outlook
- 7.2. Selective Laser Sintering Equipment Market: End-use Movement Analysis, 2023 & 2030
- 7.3. Automotive
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4. Aerospace & Defense
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5. Healthcare
- 7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6. Electronics
- 7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.7. Others
- 7.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 8. Selective Laser Sintering Equipment Market: Regional Estimates & Trend Analysis
- 8.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 8.2. North America
- 8.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.2.2. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.2.3. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.2.4. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.2.5. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.2.6. U.S.
- 8.2.6.1. U.S. Macroeconomic Outlook
- 8.2.6.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.2.6.3. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.2.6.4. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.2.6.5. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.2.6.6. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.2.7. Canada
- 8.2.7.1. Canada Macroeconomic Outlook
- 8.2.7.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.2.7.3. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.2.7.4. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.2.7.5. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.2.7.6. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.2.8. Mexico
- 8.2.8.1. Mexico Macroeconomic Outlook
- 8.2.8.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.2.8.3. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.2.8.4. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.2.8.5. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.2.8.6. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.3.2. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.3.3. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.3.4. Germany
- 8.3.4.1. Germany Macroeconomic Outlook
- 8.3.4.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.3.4.3. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.3.4.4. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.3.4.5. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.3.4.6. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.3.5. UK
- 8.3.5.1. UK Macroeconomic Outlook
- 8.3.5.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.3.5.3. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.3.5.4. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.3.5.5. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.3.5.6. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.3.6. Germany
- 8.3.6.1. Germany Macroeconomic Outlook
- 8.3.6.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.3.6.3. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.3.6.4. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.3.6.5. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.3.7. France
- 8.3.7.1. France Macroeconomic Outlook
- 8.3.7.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.3.7.3. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.3.7.4. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.3.7.5. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.3.7.6. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.3.8. Spain
- 8.3.8.1. Spain Macroeconomic Outlook
- 8.3.8.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.3.8.3. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.3.8.4. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.3.8.5. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.3.8.6. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.3.9. Italy
- 8.3.9.1. Italy Macroeconomic Outlook
- 8.3.9.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.3.9.3. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.3.9.4. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.3.9.5. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.3.9.6. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.2. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.4.3. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.4.4. China
- 8.4.4.1. China Macroeconomic Outlook
- 8.4.4.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.4.3. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.4.4.4. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.4.4.5. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.4.4.6. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.4.5. Japan
- 8.4.5.1. Japan Macroeconomic Outlook
- 8.4.5.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.5.3. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.4.5.4. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.4.5.5. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.4.5.6. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.4.6. India
- 8.4.6.1. India Macroeconomic Outlook
- 8.4.6.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.6.3. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.4.6.4. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.4.6.5. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.4.6.6. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.4.7. South Korea
- 8.4.7.1. South Korea Macroeconomic Outlook
- 8.4.7.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.7.3. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.4.7.4. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.4.7.5. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.4.7.6. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.4.8. Singapore
- 8.4.8.1. Singapore Macroeconomic Outlook
- 8.4.8.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.8.3. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.4.8.4. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.4.8.5. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.4.8.6. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.5. Central & South America
- 8.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.5.3. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.5.4. Brazil
- 8.5.4.1. Brazil Macroeconomic Outlook
- 8.5.4.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.5.4.3. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.5.4.4. Market estimates and forecasts by laser type, 2018 - 2030 (USD Million)
- 8.5.4.5. Market estimates and forecasts by technology, 2018 - 2030 (USD Million)
- 8.5.4.6. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
- 8.6. Middle East & Africa
- 8.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.6.2. Market estimates and forecasts by material, 2018 - 2030 (USD Million)
- 8.6.3. Market estimates and forecasts by application, 2018 - 2030 (USD Million)
Chapter 9. Selective Laser Sintering Equipment Market: Competitive Analysis
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Company Categorization
- 9.3. Participant's Overview
- 9.4. Financial Overview
- 9.5. Product Benchmarking
- 9.6. Company Market Positioning
- 9.7. Company Heat Map Analysis, 2023
- 9.8. Strategy Mapping
- 9.9. Company Profiles
- 9.9.1. 3D Systems Inc.
- 9.9.1.1. Participant's overview
- 9.9.1.2. Financial performance
- 9.9.1.3. Product benchmarking
- 9.9.1.4. Recent developments
- 9.9.2. EOS GmbH
- 9.9.2.1. Participant's overview
- 9.9.2.2. Financial performance
- 9.9.2.3. Product benchmarking
- 9.9.2.4. Recent developments
- 9.9.3. Farsoon Technologies
- 9.9.3.1. Participant's overview
- 9.9.3.2. Financial performance
- 9.9.3.3. Product benchmarking
- 9.9.3.4. Recent developments
- 9.9.4. Prodways Group
- 9.9.4.1. Participant's overview
- 9.9.4.2. Financial performance
- 9.9.4.3. Product benchmarking
- 9.9.4.4. Recent developments
- 9.9.5. Formlabs Inc.
- 9.9.5.1. Participant's overview
- 9.9.5.2. Financial performance
- 9.9.5.3. Product benchmarking
- 9.9.5.4. Recent developments
- 9.9.6. Ricoh Company Ltd
- 9.9.6.1. Participant's overview
- 9.9.6.2. Financial performance
- 9.9.6.3. Product benchmarking
- 9.9.6.4. Recent developments
- 9.9.7. Concept Laser GmbH (General Electric)
- 9.9.7.1. Participant's overview
- 9.9.7.2. Financial performance
- 9.9.7.3. Product benchmarking
- 9.9.7.4. Recent developments
- 9.9.8. Renishaw PLC.
- 9.9.8.1. Participant's overview
- 9.9.8.2. Financial performance
- 9.9.8.3. Product benchmarking
- 9.9.8.4. Recent developments
- 9.9.9. Sinterit Sp. Zoo
- 9.9.9.1. Participant's overview
- 9.9.9.2. Financial performance
- 9.9.9.3. Product benchmarking
- 9.9.9.4. Recent developments
- 9.9.10. Sintratec AG
- 9.9.10.1. Participant's overview
- 9.9.10.2. Financial performance
- 9.9.10.3. Product benchmarking
- 9.9.10.4. Recent developments
- 9.9.11. Sharebot SRL
- 9.9.11.1. Participant's overview
- 9.9.11.2. Financial performance
- 9.9.11.3. Product benchmarking
- 9.9.11.4. Recent developments
- 9.9.12. Red Rock SLS
- 9.9.12.1. Participant's overview
- 9.9.12.2. Financial performance
- 9.9.12.3. Product benchmarking
- 9.9.12.4. Recent developments
- 9.9.13. Natural Robotics
- 9.9.13.1. Participant's overview
- 9.9.13.2. Financial performance
- 9.9.13.3. Product benchmarking
- 9.9.13.4. Recent developments
- 9.9.14. Z Rapid Tech
- 9.9.14.1. Participant's overview
- 9.9.14.2. Financial performance
- 9.9.14.3. Product benchmarking
- 9.9.14.4. Recent developments
- 9.9.15. Aerosint
- 9.9.15.1. Participant's overview
- 9.9.15.2. Financial performance
- 9.9.15.3. Product benchmarking
- 9.9.15.4. Recent developments