中金：消费级3D打印千亿市场乘风而起 产业链迎来广阔天地

Group 1 - The consumer-grade 3D printing market has a positive growth outlook, with a high industry concentration, where leading companies have established strong competitive barriers through multi-dimensional advantages [1][3] - The global consumer-grade 3D printing market is projected to reach USD 4.1 billion in 2024 and grow to USD 16.9 billion by 2029, with a compound annual growth rate (CAGR) of 33.0% [3] - The top five manufacturers in the global consumer-grade 3D printer market are expected to hold over 70% market share in 2024, driven by continuous investment in printing performance, user experience, material compatibility, and software ecosystem [3] Group 2 - The rise of AI technology is expected to accelerate the arrival of a "mass creation" era in 3D printing, making it a mainstream tool for personalized expression and on-demand physical customization in daily life [2] - Chinese brands are leading globally in the consumer-grade 3D printing sector, leveraging differentiated product lines, competitive pricing, and independent platforms to expand internationally [4] - The industry benefits from a complete upstream and downstream supply chain and industrial cluster effect in China, allowing for high cost-performance products that can adapt to rapid iterations and large-scale production of consumer goods [4]