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3D........................................................................................................................63D(一)市场空间:费级细分速高于广义3D打印,有量张打开后续价值空间 6(二)需求端:原需求奠定础,供给优化与传扩圈共同动渗透 8(三)区域供需:国主导入级供给,北美和欧为主要需市场 13.......................................................................................................17(一)产业链全景价值变迁由硬件销售向存量户运营延伸 17(二)整机:品牌掌握用户口,竞争维度由单参数向系体验延伸 17(三)耗材与配件保有量提打开复购空间,多类SKU足差异化需求 20(四)软件与模型台:内容给支撑持续使用,台生态放硬件价值 23(五)渠道:线上道承担主销售转化,自营体强化用户淀与复购 25三、消费级3D打印产链相公司 27(一)拓竹科技:品与生态同放量,向轻生产打印农场伸 27(二)创想三维:品类矩阵全球渠道构筑规模础 29(三)家联科技:料改性能切入3D打印耗材,海产能成潜在增量 30...................................................................................................................................................................................................32图1:全球3D打印机场规预测 6图2:2025全球3D打印机模按地区拆分 6图3:全球消级3D印行按类别划分市场规(十亿美) 7图4:全球消级3D印机货量与保有量(百台) 8图5:K2Plus腔体AI摄像头能监控打印画面 9图6:K2Plus喷嘴AI摄像头例 9图7:拓竹科技X1Carbon产构成 9图8:MakerLab手办生器印你】流程示例 10图9:Thingiverse可打印模页面示例 10图10:MakeNow创想三维接腾讯混元3Dv2.5 10图11:Hi3DAI3D打工作程示例 10图12:全潮玩市场规(美元) 12图13:中潮玩市场规及测趋势(亿元;%) 12图14:中潮玩市场按类分 12图15:3D打印单次打印数比例 13图16:国3D打印设备产增速 15图17:国3D打印机出口及同比 15图18:国3D打印机出口及同比 15图19:2024年国3D印出口目的地结构 16图20:创三维分区域入构(亿元) 16图21:消级3D打印产业景图 17图22:消级3D打印机技类市场规模(亿美) 18图23:2025年全球费级3D打印行业竞争格局(GMV,美元) 18图24:全消费级3D打印材GMV规模(十亿元) 21图25:球3D打印线材市模(广义口径,十美元) 21图26:BambuLab模互动据 24图27:MakerWorld模型页面打印配置示例 24图28:MakerLab彩色Lithophane生成工具示例 24图29:Printables官方IP可印模型示例 24图30:Atomverse操作界面 25图31:创三维线上/线下销收入及线上占比 26图32:创三维网店数及构变化(2023-2025) 26图33:竹618销售高验品牌势能 28图34:拓与汇纳科技作设3D印工厂 28图35:BambuLab网H2D系列双喷嘴展示 28图36:拓科技发展关节点 28图37:创三维营收及速 29图38:创三维净利及速 29图39:创三维分产品入比 29图40:创三维分地区入比 29图41:创三维产品及业式 30图42:家科技营收及比 31图43:家科技归母净润同比 31图44:家科技分产品入亿元) 31图45:2025年家联技分产收入占比(%) 31图46:家科技3D打印相研项目 31图47:家科技区域产布局 31图48:家科技外销收分区拆分情况 32表1:消费级3D打印户结与需求特征 11表2:需求端政策化 13表3:广东/深增材制造产群相关政策梳理 16表4:国内主要消级3D打整机厂商梳理 19表5:各类型消级3D打印区别 19表6:海外代表性面级及专级3D印厂商梳理 20表7:消费级3D打印要耗类型及特点 22表8:消费级3D打印材主参与者及竞争逻辑 22表9:主要3D打印模平台内容生态对比 23表10:消级3D打印主要定位及价值 25表11:拓科技主要产矩阵 273D3D3D3D3D3D3D3DGrandViewResearch 3D3DInsights
GlobalMarket2026-2035 CAGR 16.78%20252025
PrecedenceResearch 3Dprinter286.8 2035 3D20253D202571%32%29% 23%3D20253D202571%13D 220253D13D220253D16014012010080604020
3D打印机市场规模(十亿美元)
135.3119.9105.6135.3119.9105.689.876.364.855.046.839.728.733.8亚太,23%
中东及非洲7%欧洲,29%
北美,32%3D/3D3D/3D33% CIC3D020252026202720282029203020312032203320342035PrecedenceResearch PrecedenceResearch20183D20183DRepRap2022X1AIAI3D3D3D20253D5033D2022X1AIAI3D3D3D20253D5033DGMV 2025 60 2030 272 2026-2030 CAGR 33.2%3DGMV 2025-2030 3D3DGMV11GMV 30 139 GMV 13 73 GMV1161941 GMV619CONTEXT 3D entry-level3Dprinter426%47%2,500 prosumer Tom’sHardware2026426%47%CONTEXT 2025 prosumer
CONTEXT33D33D打印机耗材打印机耗材配件软件及服务0.61.30.434.32520151050
2022
2023
2025
2026E 2027E 2028E 2029E 2030E、、 3D20242029 1,340 2024—2029ECAGR 26.6% 1,580 4,0403D20242024—2029ECAGR 20.7%43D43D40.431.140.431.124.720.611.713.715.817.7440353025201510502020 2021 2022 2023 2024 2025E 2026E 2027E 2028E 2029E3DDigiKey K2Plus600mm/s30,000mm/s²BambuLab 500mm/s20m/s²50-80mm/s5-10K2Plus100±0.1mm0.05mm BambuLabX17μmAWE2026 X3003D3D3DKOL3D3D3DKOL4 AI5095%14 AI5095%3D“”3D“”AIAIAI K2PlusAIAI1818X1CarbonAI5K2PlusAI6K2PlusAIAI5K2PlusAI6K2PlusAIcrealitycrealitycrealitycrealityX1CarbonBambuLabAI“”2AI“”““”MakerWorldThingiversePrintablesMyMiniFactory CrealityCloud“”6.0AI“”6.0AIAI9ThingiverseMakerLab ThingiverseAI3D3D3DBlenderZBrushAI3D3D3DMakeNow “CubeMe-”QHi3D”QHi3DAIAI10 MakeNow 3Dv2.5 11Hi3DAI3D3DPrinting3KOL3KOLKOLGlobalMarketInsights KOL3D3D43D3DMaker//55%-65%Maker//15%-20% / 10%-15%STEM IMARC3DprintingineducationIMARC2025 4.027 2034 8.567 2026-2034 CAGR 8.49%13D13D30%-35%Maker///15%-20%//10%-15%10%-15%ShelfTrend 100%CCCosplay IP 202458736.5%2025 202458736.5%600
全球潮流玩具市场规模(亿美元)
1227.6%24.4%1227.6%24.4%20.5%17.3%14.2%500 25%400 20%300 15%200 10%100 5%02020
2021
2022
2023
2024
0%2025E%%131421.60%绒,其他131421.60%绒,2500
搪胶毛9.40%
手办,45.10%5000202320242025E2026E2027E2028E2029E2030E
3D拼装模型,23.90%KPMG KPMGKPMGKPMGEtsyEtsyEtsy2024 Form10-K Etsy 2024 GMS 109 30%102020ProtolabsNetwork3DPrintingTrendReport202436% 2023 76%102020ProtolabsNetwork153D153D超过10件 超过1000件4.70%6.20%4.70%6.20%76%76%36%49%80%70%60%50%40%30%20%10%0%
2021
2022
2023ProtolabsNetwork3DPrintingTrendReport202453D2025983D1163D23D2025983D1163D220259202593D3D3D20252025113D6.113D3D3D2025 8 3D60%/kg2000-3000 20003D60%/kg2025 7 PLA 50-1003D3D7.FDM
Bambu
BambuLab 4 AMS161616K2H2D350℃PAPCPPPAK2 65℃16K2H2D350℃PAPCPPPAK2PCPCPLAPETGTPUPAPC PrusaResearch TPUDIYDIY3D3DQ13DCONTEXT 2025Q13DChoice2025521.1Choice2025521.1
CONTEXT2025743D90%95% Tom’sHardware2026743D90%3D2023278.9 20243D202352.5%3D3D16产量(万台) 同比增速(%)16521.152.50%521.152.50%36.20%341.8278.911.30%500 50%400 40%300 30%200 20%100 10%0
2024
0%2025ChoiceChoice3D21.514.33DGlobalMarketInsights 2024 3D59.8%3D21.514.33D16.14.15 16.12024 3D 36.5% 18.6%2025 3D171833.2% 39.1% 4.4% iFind17183D3D3D3D600500
85%
出口数量(万台) 同比增速89%503.077%377.8
80%60%
120100
出口金额(亿元) 同比增速113.686%81.6
100%90%80%70%4003002001000
65.6
100.7
54%143.2
42%287.4254.0
229.013%
352.5-20%
40%33%20%8%0%
80 64%6040208.412.10
44%19.0
57%35.537.836.67%
61.5-3%
69%
33%
60%50%30%30%20%10%0%-10%201720182019202020212022202320242025 2017201820192020202120222023202420253DiFind3DiFind3DiFind1920243D1920243D4.0%
其他27.2%
美国36.5%
北美 欧洲 中国(包括港澳台)20亚洲(不包括中国)南美 大洋非洲2.030252015英国4.5%
荷兰4.5%
波兰4.7%
德国18.6%
1050
2024
20253D iFind3DiFind180018002025202520153D3D59202511202020153D3D59202511
20253D1213D/15%3/2021—2025 20253D1213D/15%3/1800/1800/202320233D3DPLAPETGABSTPU3D3D3D3DFDM/FFF3DFDMSLA12.7GlobalMarketInsights FDM/FFF3DFDMSLA12.7
42.87%21SLA/DLP/LCD21FDMFDM3D3D22FDM SLA DLP SLS BinderJetting InkjetPrinting/MaterialJetting Others2.14.924.911.81212.312.723.324.024.825.760504030201002021GlobalMarketInsights
2022
2023
2024
3D2025 GMV202471%CIC3D42.7% 202471%CIC3D80.2% 3D90%3D100BambuLab 37% CrealityELEGOOAnycubic3D90%3D1002320251400232025
95%CONTEXT2025Q195%3DGMV3DGMV1300340130034028027025010008006004002000公司A
创想三维
公司B
公司C
公司D43D43DFDM/FFFFDM/FFF/BambuLab20242024120552029.0%20251002024//CrealityFDM2024/ELEGOOFDM12.1%iFind2024FDM2024/ELEGOOFDM12.1%iFind202470202422.88202531.2716.9%5 3D//★★★★☆★★★★★★★★★★★★★★☆★★★★★★★★★★★★★☆☆★★★★★★★★★★★★★★★★★★★☆★★★☆☆★★★★☆★★★★☆★★★★☆
20245050PLAPETGTPUABSASAPA
FDM/FFF20243D61.9%13.3%FDM/FFF20243D61.9%PhotonKobraFDM55FDMFDMABS-like/PCPhotonKobraFDM55FDMFDMABS-like/PCDIYFormlabsPhrozen Effectofdifferent3D-printingsystemsontheflexuralstrengthofprovisionalfixeddentalprostheses:asystematicreviewandnetworkmeta-analysisofinvitrostudies BambuLabStratasysTripo3DWeandthecolorDIYPrusaResearch PrusaSlicerPrintables Prusament FormlabsSLA/SLS 3D3D663DFDM/FFF3DPrusaResearchPrusaMKMINIXLCOREOnePrusaSlicerPrintablesPrusamentCoreXY/1,200SLA SLSForm Fuse/SLASLS3DCONTEXT 20253D Formlabs38%1,200SLA SLSForm Fuse/SLASLS3DCONTEXT 20253D Formlabs38%/SLSCuraUltiMaker
FDM/FactorS Sketch/UltiMakerCura
2022UltimakerMakerBotUltiMaker CuraUltiMakerUltiMakerMakerBotCloudPrintMakerBot10,000StratasysUltimaker3DSketch3DPrusaLulzBot FormlabsUltiMakerFDM/FFFTAZMini3DTAZ/MiniPrusaResearchFormlabsUltiMakerMakerBotLulzBot CONTEXTFDM/FFFTAZMini3DTAZ/MiniSKU3DSKU3D GMV 2021 4 2025CIC3D13732021—2025 CAGR 35.5% 2030CIC3D13733DGMV3DGMV24打印机耗材配件24打印机耗材配件软件及服务10.81.538.22520151050
2022
2023
2025
2026E 2027E 2028E 2029E 2030E25253D3D83D765432102025 2026E 2027E 2028E 2029E 2030E 2031E 2032E 2033EGrandViewResearchFFF/FDM
SKUPLAPETGTPUABS/ASASKUSKUGrandViewResearch 2025 3D61.3%PLA PLA 3D 2024 PLA3D35%48.1% PLA PLA3D35%3DPLA3D3DPLA3DPLA3D3DPLAPLA2025PLA20253D,3D,3D 88.60% 3D73D73DPLA3DPLA3D2025PLA FDM/FFF2025PETG FDM/FFF ABS/ASA FDM/FFF /TPU FDM/FFF/SLA/DLP/LCDFDM/FFFBambuLabWikiPrusaResearchKnowledgeBaseFormlabseSUNSUNLUPolymaker PLAPETGABSTPUSKUSKU3.013.013D3D35.5%
202520254.18BambuLabCrealityAnycubic 4.1860.0%60.0%
2025H1 3D2.9352.04%2025SKU1,40020232.9352.04%2025SKU1,4002023PLAPETGPLAPETGC2025C202520253D136%83D20253D136%83DeSUNeSUNSUNLUPolymakerPLAPETGHatchboxOvertureTPUABS/SKU/ABS-like/ /BambuLabCrealityAnycubicELEGOOABS-like/ /
//UltiMakerFormlabs//AnycubicELEGOOeSUNPhrozen
FormlabsSirayaTechLiqcreateArkemaEvonikArkemaEvonikBASF/ForwardAM/eSUNPLATPUOOFormlabsPrusa/PrusamentUltiMakerPhrozen2025 2025eSUNSUNLUPolymakerBambuLabCrealityAnycubicELEGSirayaTechLiqcreateArkemaEvonikForwardAM/eSUNPLATPUOOFormlabsPrusa/PrusamentUltiMakerPhrozen2025 2025ThingiversePrintablesMyMiniFactory MakerWorldCrealityCloudAMInsightAsia BambuLab MakerWorld20251,00083%91,00083%93DMakerWorldMakerWorldBambu20252601,0007,0002.9BambuBambuStudio/Lab3D800250 3DThingiverseLab3D800250 3DIPPrintables PrusaResearch Borderlands4IP21100+MyMiniFactory1100+CrealityCloudCrealityCloud100Cults3D80%20%BambuLab AMInsightAsia Tom’sHardwareMyMiniFactoryPrintablesEnterpriseAsiaCults3DFollowers39.4kLikes188.9kDownloads1.6mSuccessfulPrint1.3m26BambuLab 27MakerWorldFollowers39.4kLikes188.9kDownloads1.6mSuccessfulPrint1.3mMakerWorld MakerWorldAI IP BambuLab MakerLabMakeNowAICreatorIPIPIP28MakerLab Lithophane 29PrintablesIPBambuLabWikiCMYKLithophanePrintingGuide
Printables3D3D3D3DResearch MyMiniFactory Thingiverse
Thingiverse PrusaIPIP30 AtomverseAtomverse、3DDTC3DGlobal3DDTC3DGlobalMarketInsights 2024 3D37.522.420231035.7% 2025 48.5%37.522.4202310DTC3DDTC3D12,000-15,000240-30012,000-15,000240-300180-30018%-25%AmazonFDMFDM3,500-4,500 87.5-135 200-400 20%-28%FDMFDMeBayWalmart
1,500-2,000 22.5-40 120-250 25%-35%//2,000-2,500 40-62.5 180-280 15%-22%//FDM AmazonFDM36-6016%-23% AmazonFDMAmazon600-900600-90024-40.5350-55018%-25%STEMShopify/DT/ 400-70025%-40%/ 40-72Shopify/DT/ 400-70025%-40%/ 40-72450-75028%-38% “ + + + ”5,000-8,000250-480400-80030%-45%120-250300-65025%-35%Etsy/MakerDIY 300-5009-20250-50030%-40% maker/DIY C ShelfTrend20251015 3Dprintermarketanalysis31/322023-202531/32线下销售收入(亿元)线上销售收入(亿元)线上销售占比49%41%49%41%16.136%13.59.43025201510502023 2024
60%50%40%30%20%10%0%
国内网店 海外DTC网店 海外电商平台自营网店817350454181735045412816198141617807060504030201002023 2024 2025 3D3DBambuLab 3D30MicroCenter3DPrinting CrealityBambuLab 3D303D3DBambuLab3D3D202429%3D3DPrintingIndustry 3D3D202429%3D3D37%11BambuLab 20253D37%112,500FDM2,500FDMAAA1miniA1A2L/PLA/PETGA1mini US$199/219A1 US$299A2L US$399P1SP2SCoreXY500mm/sP1S20m/s²P2S 5 8.5kgPLA/PETGA1mini US$199/219A1 US$299A2L US$399P1SP2SCoreXY500mm/sP1S20m/s²P2S 5 8.5kgP1S US$499P2S X X1CarbonX1EX2DH2SH2DH2DLaserH2CH H2SH2DH2DLaserH2C
/ X1Carbon7μm CoreXY X1E 60℃X2D
X1CarbonUS$1,149X2D US$649H2SH2D350×320×325mm³350H2SH2D350×320×325mm³350℃ 65℃/H2C 7350℃H2D US$1,749H2C US$2,399/44 16AMS AMS2ProUS$299/329AMSHT US$139AMS AMS/44 16AMS AMS2ProUS$299/329AMSHT US$139AMS2ProAMSHTMakerWorldBambuStudioBambuHandyFarmManager//MakerWorldMakerWorldBambuStudioBambuHandyFarmManager//BambuFarmManagerBambuLab MakerWorldFDMAMSFDMAMSMakerWorldAMInsightAsia2026213BambuLab2025MakerWorld100026070002.9BambuLabMakerWorld1.6m1.3mCC//2025 11 28 500070%C6183D500070%C6183D 3D3D20202022BambuLabX1202320245520253D10020251005001.53D3D3D333420202022BambuLabX1202320245520253D10020251005001.53D3D3D333436BambuLabBambuLab3DH2DMavicPro CTO3DH2DCOOFPVCOOFPV3DCC3D3D202518.83/22.88/31.27 2025 31.2%
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