Industry: Construction & Manufacturing | Publish Date: 16-Nov-2024 | No of Pages: 138 | No. of Tables: 102 | No. of Figures: 67 | Format: PDF | Report Code : CM2820
Taiwan Additive Manufacturing Market size was valued at USD 70.2 million in 2023, and is predicted to reach USD 241.1 million by 2030, at a CAGR of 17.7% from 2024 to 2030. In terms of volume, the market size was 3 thousand units in 2023, and is projected to reach 11 thousand units by 2030, with a CAGR of 18.9% from 2024 to 2030.
The additive manufacturing (AM) market, also referred to as additive layer manufacturing (ALM) or three-dimensional (3D) printing, is a global industry dedicated to developing, producing, and distributing technologies and materials used for constructing three-dimensional objects layer by layer from digital models. This market serves diverse sectors including aerospace, automotive, healthcare, and consumer goods, providing advanced solutions for prototyping, production, and customized manufacturing.
AM is highly prized for its capacity to produce intricate and customized components while minimizing material waste, resulting in substantial cost savings and environmental benefits. A notable characteristic of this market is its wide array of printing technologies, such as stereolithography (SLA), selective laser sintering (SLS), and fused deposition modeling (FDM), each tailored to meet specific industry requirements and applications. Moreover, AM's ability for rapid prototyping accelerates product development cycles, empowering businesses to innovate and bring products to market faster compared to traditional manufacturing methods.
The presence of a large semiconductor sector is accelerating the Taiwan additive manufacturing market demand for 3D printing due to the need for highly customized, precise, and intricate components essential in the industry. Additive manufacturing (AM) enables rapid prototyping and production of complex geometries crucial for semiconductor devices, thereby fostering faster innovation cycles and reducing time-to-market.
Additionally, AM offers cost-effective small-batch production and the ability to quickly iterate designs, addressing the competitive and dynamic nature of Taiwan's semiconductor industry. According to the report of the Singapore Taipei Representative Office 2024, Taiwan manufactured 63.8% of the world’s semiconductors, amounting to approximately USD 162.4 billion in 2022. This robust growth of the semiconductor sector is increasingly integrating AM to enhance production capabilities, optimize supply chains, and maintain global technological leadership.
Strategic partnerships and collaborations between companies are further driving the market growth of additive manufacturing (AM) in Taiwan by facilitating the exchange of expertise, technologies, and resources essential for innovation and market expansion. Through pooling resources and sharing risks, companies accelerate research and development efforts, introduce new products and services to the market more swiftly, and unlock new opportunities across diverse industries using AM.
In February 2023, Infinity 3DP partnered with Slice Engineering to launch its first 3D portable printer named INFINITY3DPX1, exemplifying collaborative efforts aimed at advancing AM capabilities and applications. These partnerships facilitate the integration of AM into manufacturing processes, increasing adoption rates and driving overall market growth in Taiwan.
The substantial upfront investment required for AM equipment, materials, and training presents a significant obstacle to Taiwan additive manufacturing market trends. This financial commitment poses a notable challenge for businesses, particularly smaller ones, limiting their capacity to enter or expand operations within the market.
Additionally, ongoing expenses related to materials and training further increase the overall financial burden. Consequently, many businesses are hesitant to adopt AM technology due to these initial financial challenges, thereby impeding potential of the Taiwan additive manufacturing market growth.
Integrating artificial intelligence (AI) into additive manufacturing (AM) is anticipated to expand the 3D printing market by refining production processes, enhancing product design capabilities, and facilitating the creation of intricate and personalized objects. AI integration enables businesses to analyze extensive datasets gathered during printing, such as material properties, printing parameters, and environmental conditions. This analysis helps identify patterns, optimize settings, and predict potential defects, thereby improving printing precision and reducing material waste.
The prominent key players operating in Taiwan additive manufacturing industry include Phrozen Tech Co Ltd, Ackuretta, Nam Liong International, Synctech, Voltivo, Everplast Machinery Co., Ltd., Uniontech3D, Reify3d, Infinity3DP, Kinpo Group, and others.
Desktop 3D Printer
Industrial 3D Printer
Stereolithography
Fused Deposition Modeling
Selective Laser Sintering
Direct Metal Laser Sintering
Polyjet Printing
Inkjet Printing
Electron Beam Melting
Laser Metal Deposition
Digital Light Processing
Laminated Object Manufacturing
Other Technology
Hardware
Software
Design Software
Inspection Software
Printer Software
Scanning Software
Services
Prototyping
Tooling
Functional Parts
Desktop Additive Manufacturing
Educational Purpose
Fashion & Jewellery
Objects
Dental
Food
Other Desktop Additive Manufacturing
Industrial Additive Manufacturing
Automotive
Aerospace & Defense
Healthcare
Consumer Electronics
Power & Energy
Other Industrial Additive Manufacturing
Phrozen Tech Co Ltd
Ackuretta
Nam Liong International
Synctech
Voltivo
Everplast Machinery Co., Ltd.
Uniontech3D
Reify3d
Infinity3DP
Kinpo Group
Parameters |
Details |
Market Size Value in 2023 |
USD 70.2 million |
Revenue Forecast in 2030 |
USD 241.1 million |
Growth Rate |
CAGR 17.7% from 2024 to 2030 |
Market Volume in 2023 |
3 thousand units |
Market Forecast in 2030 |
11 thousand units |
Volume Growth Rate |
CAGR of 18.9% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Million (USD) |
Growth Factors |
|
Companies Profiled |
10 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |