Material Jetting (MJ) Equipment Market size was valued at USD 1.2 Billion in 2024 and is projected to reach USD 3.5 Billion by 2033, exhibiting a CAGR of 12.5% from 2026 to 2033.
The Material Jetting (MJ) Equipment Market was valued at USD 250 million in 2022 and is expected to grow at a CAGR of 16% from 2023 to 2030. This growth can be attributed to the increasing adoption of MJ technology across various industries, including automotive, aerospace, and healthcare, for producing high precision and complex parts. North America held the largest market share in 2022, accounting for approximately 35% of the global market, driven by significant investments in research and development of advanced 3D printing technologies. Europe is also a key region for MJ equipment, with a share of around 30%, driven by growing applications in aerospace and automotive industries. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, with an estimated CAGR of 18%, owing to the rapid adoption of 3D printing technology in emerging economies like China and India.
In terms of opportunities, the Asia Pacific market is projected to experience significant growth, with an increasing demand for MJ equipment in sectors such as consumer goods, electronics, and medical devices. The rise in demand for customized and intricate parts in these industries will create new opportunities for market expansion. Additionally, the adoption of MJ technology for manufacturing complex parts in small batch productions is expected to increase across various regions, especially in Europe and North America, where industries are focusing on reducing production costs and enhancing product quality. As the demand for high performance 3D printing technologies increases, the MJ equipment market is expected to expand with advancements in material options and process optimization, creating a more diversified and sustainable market landscape.
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3D Systems
Stratasys
Keyence
ExOne
Voxeljet
Optomec
Addwii
Vader Systems
Xjet
Zhuhai CTC Electronic
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Material Jetting (MJ) Equipment Market
PolyJet Technology
Drop-On-Demand (DOD) Technology
Continuous Inkjet (CIJ) Technology
Material Extrusion Technology
Aerospace
Automotive
Healthcare
Consumer Electronics
Educational and Research Institutions
Architecture and Construction
Industrial Manufacturing
Medical Devices
Fashion and Jewelry
Prototyping and Tooling
Art and Design
Photopolymers
Metals
Composites
Ceramics
Biomaterials
Desktop Printers
Mid-Size Printers
Industrial-Scale Printers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Material Jetting (MJ) Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Material Jetting (MJ) Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Material Jetting (MJ) Equipment Market, By Type
6. Global Material Jetting (MJ) Equipment Market, By Application
7. Global Material Jetting (MJ) Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Material Jetting (MJ) Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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