Industry: Construction & Manufacturing | Publish Date: 16-Nov-2024 | No of Pages: 138 | No. of Tables: 102 | No. of Figures: 67 | Format: PDF | Report Code : CM667
Thailand Additive Manufacturing Market size was valued at USD 189.4 million in 2023, and is predicted to reach USD 896.9 million by 2030, at a CAGR of 23.3% from 2024 to 2030. In terms of volume, the market size was 8 thousand units in 2023, and is projected to reach 44 thousand units by 2030, with a CAGR of 24.6% from 2024 to 2030.
The additive manufacturing (AM) market, also known as additive layer manufacturing (ALM) or three-dimensional (3D) printing, is a global industry focused on the development, production, and distribution of technologies and materials for creating three-dimensional objects layer by layer from digital models. This market serves a variety of sectors, including aerospace, automotive, healthcare, and consumer goods, by offering advanced solutions for prototyping, production, and customized manufacturing.
AM is highly valued for its ability to produce intricate and personalized components while minimizing material waste, leading to significant cost savings and environmental benefits. A key feature of this market is its diverse range of printing technologies, such as stereolithography (SLA), selective laser sintering (SLS), and fused deposition modeling (FDM), each designed to meet specific industry needs and applications. Additionally, AM's capability for rapid prototyping shortens product development cycles, enabling businesses to innovate and bring products to market more quickly than traditional manufacturing methods.
The technological advancements of construction sector are accelerating the Thailand additive manufacturing market demand for rapid prototyping, cost-effectiveness, and design flexibility in producing complex architectural elements, thereby enhancing the adoption of additive manufacturing (AM). This technology offers innovative solutions by facilitating swift prototyping and the production of intricate architectural components while minimizing material wastage.
Additionally, the integration of digital design tools and automation into construction processes streamlines workflows, enhancing efficiency and precision. In June 2023, Thailand constructed the world’s first 3D-printed medical center north of Bangkok, using a 3D concrete printer to build the two-story structure faster and with less labor compared to traditional methods. As Thailand increasingly embraces intelligent and sustainable construction practices, AM emerges as a pivotal technological frontier driving innovation within the industry.
Regional players in Thailand's 3D printing industry are significantly contributing to market growth through localized innovation, tailored solutions, and enhanced accessibility. By offering competitive pricing, responsive customer support, and localized distribution networks, these players expand the adoption of 3D printing technology across diverse sectors, thereby driving overall market expansion.
In May 2024, Metro Systems Corporation Public Company Limited (MSC) introduced the UltiMaker Factor 4 3D printer in Thailand, marking its debut in ASEAN. The UltiMaker Factor 4, designed for the industrial sector, features advanced capabilities such as a temperature-controlled build volume, Direct Drive Dual Extrusion, and a printing report system. The introduction of such cutting-edge technology tailored to industrial needs accelerates its adoption in Thailand, underscoring the crucial role of regional players in advancing the 3D printing market.
The substantial upfront investment required for AM equipment, materials, and training presents a significant obstacle to Thailand 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 Thailand 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 Thailand additive manufacturing industry include Maliev Co., Ltd., X3D, Treebuild, Print3Dd, KTPAK International, PolyWish, Ultimaker, 3D Systems Inc., EOS GmbH, Nexa 3D, 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
Maliev Co., Ltd.
X3D
Treebuild
Print3Dd
KTPAK International
PolyWish
Ultimaker
3D Systems Inc.
EOS GmbH
Nexa 3D
Parameters |
Details |
Market Size Value in 2023 |
USD 189.4 million |
Revenue Forecast in 2030 |
USD 896.9 million |
Growth Rate |
CAGR 23.3% from 2024 to 2030 |
Market Volume in 2023 |
8 thousand units |
Market Forecast in 2030 |
44 thousand units |
Volume Growth Rate |
CAGR of 24.6% 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. |