Taiwan Additive Manufacturing Market

Plastic Optic Fiber Market Report Thumbnail

Taiwan Additive Manufacturing Market by Type (Desktop 3D Printer and Industrial 3D Printer), by Technology (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, and Other Technology), by Component (Hardware, Software, and Services), by Application (Prototyping, Tooling, and Functional Parts), and by End User (Desktop Additive Manufacturing and Industrial Additive Manufacturing) – Opportunity Analysis and Industry Forecast, 2024–2030

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

  • Facebook
  • Linkedin
  • Whatsapp

Taiwan Additive Manufacturing Market Overview

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.

Significant Growth of the Semiconductor Sector Propels the Adoption of Additive Manufacturing

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 Collaboration Between Key Players Boosting the Market Growth

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.

 

High Upfront Investment Restrains Market Growth

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.

Integration of Artificial Intelligence (AI) in Additive Manufacturing Presents Lucrative Opportunity for Market Expansion

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.

 

Competitive Landscape

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.

Taiwan Additive Manufacturing Market Key Segments

By Type

  • Desktop 3D Printer

  • Industrial 3D Printer

By Technology 

  • 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

By Component 

  • Hardware

  • Software

    • Design Software

    • Inspection Software

    • Printer Software

    • Scanning Software

  • Services

By Application 

  • Prototyping

  • Tooling

  • Functional Parts

By End User 

  • 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

Key Players

  • Phrozen Tech Co Ltd

  • Ackuretta

  • Nam Liong International

  • Synctech

  • Voltivo

  • Everplast Machinery Co., Ltd.

  • Uniontech3D

  • Reify3d

  • Infinity3DP

  • Kinpo Group

REPORT SCOPE AND SEGMENTATION:

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

  • Significant growth of the semiconductor sector drives the market growth.

  • Strategic partnerships and collaboration between key players boost the market growth.

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.

Bar chart Pie chart Pie chart

Frequently Asked Questions

The key market players operating in Taiwan additive manufacturing market are Phrozen Tech Co Ltd, Ackuretta, Nam Liong International, Synctech, Voltivo, Everplast Machinery Co., Ltd., Ackuretta Reify3d, Infinity3DP, Kinpo Group, and others.

According to the Next Move Strategy Consulting, the size of Taiwan additive manufacturing market is estimated to be at USD 241.1 million in 2030.

The integration of artificial intelligence in 3D printing is expected to create opportunities for Taiwan additive manufacturing market.

High upfront cost acts as restraining factor to the growth of the market.

According to the Next Move Strategy Consulting, the size of the market is estimated at USD 70.2 million in 2023.

Download Free Sample

Please Enter Full Name

Please Enter Valid Email ID

Please enter Country Code and Phone No

Please enter message

popular
$2,575
$1,575
$3,875
$2,975

This website uses cookies to ensure you get the best experience on our website. Learn more