The 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 is a Business Consultancy Firm that has published a detailed analysis of the Additive Manufacturing Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Additive Manufacturing market by thorough analysis, and projections are made up to 2030.
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In-depth analysis of the market scope and research methodology for the emerging sector of Additive Manufacturing Market:
The Additive Manufacturing market report covers a wide range of topics that impact market dynamics, trends, opportunities, and challenges. It also includes a thorough analysis of the worldwide landscape. This comprehensive analysis also looks at how the market is divided into segments according to services category, company size, end-user sector, and geographical regions. The study also closely examines major industry participants, assessing their approaches, line of business, results, and place in the Additive Manufacturing market. To give a comprehensive picture of the market environment, a thorough evaluation of macroeconomic variables, regulatory frameworks, and technical developments is also carried out.
Also, the research offers detailed insights into the dynamics of the Additive Manufacturing market, including opportunities, challenges, constraints, and drivers. Using a bottom-up methodology, estimates of the size of the worldwide and regional Additive Manufacturing market were developed. The study provides a thorough value chain analysis that clarifies the Additive Manufacturing production process and incorporates information about distributors, consumers, and raw materials. Furthermore, the use of PORTER and PESTLE studies, in conjunction with evaluations of market attractiveness, enhances comprehension of the Additive Manufacturing market on a global and micro level.
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Additive Manufacturing Market Segmentation:
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
It is evident that the stereolithography sector clearly dominated the additive manufacturing market in 2023, with a revenue share of over 10%. Stereolithography is widely used since it is one of the most established and conventional printing technologies in the additive manufacturing market. Its many benefits go beyond its simplicity of use. However, as technology continues to advance and industry leaders and researchers aggressively pursue research and development projects, prospects for additional reliable and effective technologies in the additive manufacturing sector are being revealed.
by Vertical
Aerospace
Automotive
Consumer Products,
Healthcare
Government
Defense
Others
The market for additive manufacturing has been divided vertically into the following segments: government, defense, consumer products, healthcare, automotive, aerospace, and others. With a revenue share of over 20% in 2023, the automotive industry became the market leader in additive manufacturing. Automotive parts and components that are highly customized and personalized can be produced thanks to additive manufacturing. The car sector, where customization is crucial to satisfying customer preferences and wants, finds this flexibility especially alluring. The growing use of additive manufacturing to create artificial tissues and muscles that resemble genuine tissues for use in replacement procedures is expected to propel significant growth in the healthcare industry.
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Additive Manufacturing Market Key Players:
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.)
Europe:
10. Arcam AB (Sweden)
11. EnvisionTEC (Germany)
12. EOS (Germany)
13. Materialise NV (Belgium)
14. MCor Technologies Ltd. (Ireland)
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Additive Manufacturing Market Regional Insights :
The size and trends in the Additive Manufacturing market in each of the following regions are thoroughly examined in this research: North America (which includes the United States, Canada, and Mexico); Europe (which includes France, Spain, Germany, Italy, and other European countries); Asia-Pacific (which includes China, Japan, India, Australia, South Korea, ASEAN countries, and others APAC countries); South America (which includes Argentina, Brazil, and other South American countries); and Middle East and Africa (which includes South Africa, Egypt, and other MEA countries).
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Your Ultimate Guide: Key Questions Answered in the Latest Market Report:
- What is Additive Manufacturing?
- What was the Additive Manufacturing market size in 2023?
- Which are the factors expected to drive the Additive Manufacturing market growth?
- Who are the leading companies and what are their portfolios in Additive Manufacturing Market?
- What growth strategies are the players considering to increase their presence in Additive Manufacturing?
- What are the upcoming industry applications and trends for the Additive Manufacturing Market?
- What will be the CAGR at which the Additive Manufacturing market will grow?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Additive Manufacturing Market?
- What are the different segments of the Additive Manufacturing Market?
- What is the growth rate of the Additive Manufacturing Market?
- What segments are covered in the Additive Manufacturing Market?
- Who are the key players in the Additive Manufacturing market?
- What are the key challenges and opportunities in the Additive Manufacturing market?
- Which application holds the highest potential in the Additive Manufacturing market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size Forecast by different segment | 2023−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment 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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