Additive Manufacturing Market size was valued at USD 22.53 Billion in 2023 and the total Additive Manufacturing revenue is expected to grow at a CAGR of 21.86% from 2024 to 2030, reaching nearly USD 89.91 Billion by 2030.
Additive Manufacturing Market Overview
Maximize Market Research has published an intelligence report entitled Global Additive Manufacturing Market, which includes Manufacturers, Regions, Types, Applications, Segments and Forecast to 2029. The report covers the analysis of insights in view of the Additive Manufacturing market along with its ever-changing patterns, industry environment and all dominant aspects of the market.
Additive Manufacturing Market Report Scope and Research Methodology
The Global Additive Manufacturing Market report published by Maximize Market Research is a comprehensive blend of primary and secondary data obtained through extensive research. The report presents both qualitative and quantitative data aimed at assisting decision-makers in identifying market segments and key drivers. The market size estimation followed a bottom-up approach for both global and regional perspectives. SWOT analysis is employed to assess the strengths and weaknesses of major players in the Additive Manufacturing industry. The report includes a PESTLE analysis conducted by MMR, aiding investors in developing effective strategies within the Additive Manufacturing sector. Political, economic, environmental, and legal factors are analyzed to understand their impact on the Additive Manufacturing market’s dynamics. The report also sheds light on the competitive landscape of the global Additive Manufacturing market, providing insights into local, regional, and global competition. It covers essential aspects such as operational areas, production, and product portfolio.
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Additive Manufacturing Market Regional Insights
The Additive Manufacturing market report includes a detailed analysis of market size, dynamics and market share in regions: North America, Europe, Asia Pacific, South America and Middle East and Africa.
Additive Manufacturing Market Classifications
by Material Type
Plastics
Metals
Ceramics
Other
by Technology
Stereolithography
Fuse 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
Others
by Vertical
Aerospace
Automotive
Consumer Products,
Healthcare
Government
Defense
Others
The market for additive manufacturing is clearly dominated by the stereolithography category, which held a revenue share of more than 10% in 2023. Stereolithography, one of the most established and conventional printing methods in the Additive Manufacturing Market, has been widely adopted due to its many benefits, which go beyond its simplicity of use. However, as a result of the ongoing advancements in technology and the determined efforts of researchers and industry leaders to conduct research and development, new and reliable technologies are finding a place in the additive manufacturing market.
Apart from stereolithography, the market is flooded with numerous other additive manufacturing methods. These include digital light processing (DLP), laminated item manufacturing, laser metal deposition, electron beam melting (EBM), inkjet printing, polyjet printing, fuse deposition modeling (FDM), direct metal laser sintering (DMLS), and selective laser sintering (SLS), among other processes. Although FDM continues to be widely used, other technologies—like DLP, EBM, inkjet printing, and DMLS—are becoming more and more popular because they work well with specific additive manufacturing procedures.
The market for additive manufacturing has been divided into the following vertical segments: government, defense, aerospace, automotive, consumer products, healthcare, and others. With a revenue share greater than %, the automotive industry emerged as the market leader in the additive manufacturing sector in 2023. Automotive parts and components that are highly customized and personalized can be produced thanks to additive manufacturing. This adaptability is especially desirable for the automotive sector, since customer requests and preferences are met in large part through customization. With more people turning to additive printing to create artificial muscles and tissues that resemble real tissues for use in replacement procedures, the healthcare industry is set for significant expansion.
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Additive Manufacturing Market Key Players:
Additive Manufacturing Providers in North America:
1. 3D Systems, Inc. (U.S.)
2. Stratasys Ltd. (U.S.)
3. ExOne (U.S.)
4. MakerBot Industries LLC (U.S.)
5. Formlabs (U.S.)
6. GE Additive (U.S.)
7. Renishaw plc (U.S.)
8. Sculpteo (U.S.)
9. EnvisionTEC (U.S.)
Additive Manufacturing Providers in Europe:
10. Arcam AB (Sweden)
11. EnvisionTEC (Germany)
12. EOS (Germany)
13. Materialise NV (Belgium)
14. MCor Technologies Ltd. (Ireland)
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Key Questions answered in the Additive Manufacturing Market Report are:
- What is the expected CAGR during the forecast period?
- What is the expected Additive Manufacturing market size by the end of the forecast period?
- What are the Additive Manufacturing market segments?
- Which segment in the Additive Manufacturing market is expected to grow rapidly during the forecast period?
- Which are the prominent players in the Additive Manufacturing market?
- What key trends are expected to emerge in the Additive Manufacturing market during the forecast period?
- Which region dominated the global Additive Manufacturing market?
- Which regional market is expected to grow at a high rate during the forecast period?
Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2021)
- Past Pricing and price curve by region (2017 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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