Slicing Software Market To Generate Revenue Worth USD 771 Million by 2030

The global slicing software market is expected to generate USD 771.0 million by 2030, registering a CAGR of 18.5% during the forecast period (2024–2030). This can be ascribed to the growing end-use industries such as healthcare, manufacturing, automobile, and aerospace; the rising demand for integrated slicing software; and the increasing use of 3D printing technology in end-use sectors.

Moreover, the surging demand for next-generation 5G networks that have improved speed and bandwidth compared to previous mobile networks enables the developments of virtual networks, which can be customized to meet specific needs for security, latency, reliability, and coverage. Hence, this platform is expected to play a major role in the growth of the market.

FDM Category Holds the Largest Share

The fused deposition modeling category dominates the market, mainly due to the widespread use of slicing software in several industries, such as aerospace, medical devices, and automotive. Moreover, FDM 3D printing is flexible and offers many advantages such as precise creation of complex shapes, compatibility with various filaments, reduced need for post-processing, user-friendly operations, and faster production time.

Aerospace and Defense Category Dominates the Market

Based on industry, the aerospace and defense category holds the largest share of the market. This is mainly because 3D printing technology has been widely adopted over the years as the manufacturing method for creating lightweight and robust components and the increased demand for the customization of products in this sector.

The industry has always been an early adopter of 3D printing and other manufacturing technology. It consists of the constant pursuit of complex and lightweight components for air ducts, engines, cabin accessories, and others for aircraft and spacecraft. With the help of rapid prototyping capabilities of 3D printing, companies have significantly reduced the lead time for the production of prototypes and other functional parts.

ACAP Market To Witness the Fastest Growth

The Asia-Pacific market is expected to witness the fastest growth during the forecast period. This can be ascribed to the rising demand for new products, the surging adoption of 3D printing technology as a secondary option to the traditional manufacturing method, and government support for the 3D printing industry. In addition, emphasizing the benefits of slicing software, countries like India, Japan, and China are playing an important role in implementing advanced technologies in several sectors.

Moreover, the slicing technology is now being widely adopted in manufacturing units; the increasing demand for prototyping with the strong government support for various industries; the surging adoption of cloud-based slicing software; and the growth of the prototyping and healthcare application categories are driving the regional market.

Whereas, North America leads the slicing software market. This is because the region is technologically advanced, the active participation in the development of advanced technologies, the early adoption of 5G services, the presence of major industry players, and the high growth in end-use sectors in the region.

Some of the key players operating in the market include Autodesk Inc., Stratasys Ltd., Ultimaker B.V., Materialise N.V., 3D Control Systems Inc., Raise 3D Technologies Inc., Zortrax S.A., Simplify 3D, Craftunique Korlatolt Felelossegu Tarsasag (KFT), E3D Skunkworks Ltd., MatterHackers Inc., BCN3D Technologies Inc., Prusa Research a.s., and Zhejiang Flashforge 3D Technology Co. Ltd.