Additive Manufacturing Market was valued nearly US$ 22.22 Bn. in 2022. Additive Manufacturing Market size is estimated to grow at a CAGR of 21.1% & it is expected to reach at US$ 84.87 Bn. by 2029.Additive Manufacturing Market Overview:
Additive Manufacturing Market report examines the market's growth drivers as well as its segments. Data has been provided by market participants, and regions (North America, APAC, Europe, MEA, and South America). This market study takes an in-depth look at all of the significant advancements that are currently occurring across all industry sectors. This MMR report includes investor recommendations based on a detailed analysis of the current competitive landscape of the Additive Manufacturing market.To know about the Research Methodology:- Request Free Sample Report Professional technologies have been rapidly maturing in multiple applications around the world due to the rapid technological rise of additive manufacturing technology in recent years. Recent advances in machines, materials, & software have made this technology more accessible to a wider range of firms, allowing more businesses to employ tools that were previously only available to a few high-tech industries. Furthermore, the availability of additive manufacturing-based equipment has expanded due to lower prices and increased awareness across a variety of end-user sectors. In recent years, newer and more effective fused deposition modelling technologies have enabled the use of a wider range of materials, resulting in widespread acceptance across numerous industries. The number of manufacturers employing additive manufacturing for full-scale production more than doubled in 2022. As a result of the increased number of industrial solutions brought to market by manufacturers, this technology has seen broader acceptance across many sectors. Due to the maturity of additive technologies & material supply chains, multiple sectors, including healthcare, automotive, aerospace, & military, are seeing significant production & business revolutions in important areas of their operations. Interior aeroplane parts made by additive manufacturing, including as ducting, vents, & airflow systems, allow designers to cut weight, reduce the number of components in assemblies, & adhere to tight cabin interiors. Furthermore, additive manufacturing allows designers to experiment with more effective & efficient part forms with fewer possible failure sites. Furthermore, additive manufacturing hardware & materials are continuously improving, & the cost per part continues to decrease, allowing for a wider range of low- to mid-volume applications. Leading companies are using additive manufacturing to save money, cut lead times, solve complicated challenges, & optimize processes from prototyping to production. For example, in April 2021, BEAMIT, an Italian 3D printing firm, teamed up with TEMA Energy, a power company, to produce 3D printed gas turbine components. In response to the COVID-19 pandemic, a number of professional additive manufacturing suppliers, makers, & designers in the industrial community have begun to offer their services to help supply chains & governments cope. The application in printing components of PPE, Ventilators, Masks, & other protective gear can be crucial in meeting the requirement for protective gear for frontline healthcare staff, resulting in a faster market opportunity in the healthcare sector. Stratasys Inc. and Origin struck an agreement in April 2021 to market and promote Origin's 3D-printed nasopharyngeal swabs to healthcare practitioners & other testing centres in the US, in response to the rapidly expanding need for more COVID-19 testing kits. HP, Seat, Navantia, & Airbus have developed a production-ready respirator in collaboration with the Zona Franca Consortium (CZFB) and led by the Leitat Technology Center. Automotive is predicted to be a key market trend: Furthermore, among the industries adopting additive manufacturing, automotive is one of the fastest-growing. Various projects and initiatives are being developed to apply the benefits of this technology to automotive applications. The 'Industrialization & Digitization of Additive Manufacturing for Automotive Series Processes' project is one such promising endeavour (IDAM). This initiative, launched by BMW Group, seeks to produce at least 50,000 components per year in mass production utilizing additive manufacturing, as well as over 10,000 individual and spare parts. HP is collaborating with Volkswagen, one of the largest German automakers, to 3D print parts on a massive scale. In just a few weeks, Volkswagen installed 90 HP 3D printers in its factories & produced 10,000 parts. Volkswagen, on the other hand, has set a target of printing 50,000 to 100,000 football-sized functioning sections per year. Such examples show that these technologies are being widely embraced in a variety of industries around the world. Ford was one of the first companies to adopt 3D printing, having purchased the third 3D printer ever built 30 years ago. Ford committed USD 45 Mn in its Advanced Manufacturing Center in December 2021 to begin integrating 3D printing into its product development cycle, & the corporation plans to apply the technology in manufacturing. One of the most recent examples is the 2021 Shelby GT500. The 2021 Shelby GT500, which went on sale at the end of 2021, is said to be the most aerodynamically advanced Mustang to date. Additive manufacturing with 3D printers is assisting in the design and development of EVs, or electric vehicles, & it is now possible to construct automobiles that appear significantly different from those we are accustomed to driving on a daily basis. As a result, electric cars (EVs) can be made smaller, more compact, & more environmentally friendly. In 2021, XEV announced a collaboration with Polymaker, a Chinese 3D printing company, to build the YoYo, a compact, affordable electric city runabout. The startup hoped to raise EUR 500,000 by February 6, 2021, with production beginning in August 2021. The APAC region is expected to grow rapidly: Asia-Pacific is becoming the fastest-growing market for 3D printing. Until recently, the region lagged behind North America & Europe in terms of 3D printing use. Growing interest from APAC manufacturing businesses, as well as the implementation of numerous government-led plans & policies, have aided several countries in the area in developing a sustainable AM ecosystem. Given the extensive government support for the industry, China is likely to be the most major driver of 3D printing growth in APAC. The Chinese government wants to pursue the 'Additive Manufacturing Industry Development Action Plan,' with the goal of creating a USD 3 Bn AM industry by 2023. To attain these objectives, China is investing in the growth of 3D printing workforces, backing promising & expanding AM enterprises, and supporting standardization for the Chinese AM sector. The Action Plan, which is a key component of China's 'Made in China 2025' strategic roadmap for the development of the country's manufacturing sector, lays out the country's long-term ambitions & development goals for becoming one of the world's leading 3D printing nations. One of the plan's highlights is a goal to launch over 100 Additive Manufacturing pilot projects across ten key industries, including the medical, cultural, educational, & Internet sectors. Korea's government spends extensively in AM technology development in addition to building a national Additive Manufacturing strategy. Korea is integrating AM into its economy for the benefit of manufacturers & overall national production, with financing raised to USD 52.7 Mn in 2021. Singapore has prioritized development of the local 3D printing industry, & the government has formed the Research, Innovation, & Enterprise (RIE) 2021 plan to boost the growth and competitiveness of the federal manufacturing sector, which highlighted AM as a critical enabler. The objective of the report is to present a comprehensive analysis of the Additive Manufacturing Market to the stakeholders in the Application. The past and current status of the Application with the forecasted Market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the Application with a dedicated study of key players which include Market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the Application to the decision-makers. The report also helps in understanding the Additive Manufacturing Market dynamics, structure by analyzing the Market segments and project the Additive Manufacturing Market size. Clear representation of competitive analysis of key players by Material Type, price, financial position, Material Type portfolio, growth strategies, and regional presence in the Additive Manufacturing Market make the report investor’s guide.
Additive Manufacturing Market Scope: Inquire before buying
Additive Manufacturing Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 22.22 Bn. Forecast Period 2023 to 2029 CAGR: 21.1% Market Size in 2029: US $ 84.87 Bn. Segments Covered: by Material Type Plastics Metals Ceramics Other by Application Aerospace Automotive Consumer Products, Healthcare Government Defense Others Additive Manufacturing Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Additive Manufacturing Market, Key Players:
1. 3D Systems, Inc. (U.S.), 2. Stratasys Ltd. (U.S.), 3. ExOne (U.S.), 4. Arcam AB (Sweden) 5. EnvisionTEC (Germany) 6. EOS (Germany) 7. Materialise NV (Belgium) 8. MCor Technologies Ltd. (Ireland) 9. MakerBot Industries LLC 10.OthersFAQ’S:
1) What is the share of the Global Additive Manufacturing Market in 2022? Answer: The Global Additive Manufacturing Market was accounted for US$ 22.22 Bn in the year 2022. 2) Which Application segment is dominating the Global Additive Manufacturing Market? Answer: Air Purification segment is the dominating Application segment in the market. 3) What are the key players in the Global Additive Manufacturing Market? Answer: 3D Systems, Inc. (U.S.), Stratasys Ltd. (U.S.), ExOne (U.S.), Arcam AB (Sweden) EnvisionTEC (Germany), EOS (Germany), Materialise NV (Belgium), MCor Technologies Ltd. (Ireland),MakerBot Industries LLC,Others. 4) Which region has the largest share in Global Additive Manufacturing Market?? Answer: Europe region holds the highest share in 2022.
1. Additive Manufacturing Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Additive Manufacturing Market: Dynamics 2.1. Additive Manufacturing Market Trends by Region 2.1.1. North America Additive Manufacturing Market Trends 2.1.2. Europe Additive Manufacturing Market Trends 2.1.3. Asia Pacific Additive Manufacturing Market Trends 2.1.4. Middle East and Africa Additive Manufacturing Market Trends 2.1.5. South America Additive Manufacturing Market Trends 2.2. Additive Manufacturing Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Additive Manufacturing Market Drivers 2.2.1.2. North America Additive Manufacturing Market Restraints 2.2.1.3. North America Additive Manufacturing Market Opportunities 2.2.1.4. North America Additive Manufacturing Market Challenges 2.2.2. Europe 2.2.2.1. Europe Additive Manufacturing Market Drivers 2.2.2.2. Europe Additive Manufacturing Market Restraints 2.2.2.3. Europe Additive Manufacturing Market Opportunities 2.2.2.4. Europe Additive Manufacturing Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Additive Manufacturing Market Drivers 2.2.3.2. Asia Pacific Additive Manufacturing Market Restraints 2.2.3.3. Asia Pacific Additive Manufacturing Market Opportunities 2.2.3.4. Asia Pacific Additive Manufacturing Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Additive Manufacturing Market Drivers 2.2.4.2. Middle East and Africa Additive Manufacturing Market Restraints 2.2.4.3. Middle East and Africa Additive Manufacturing Market Opportunities 2.2.4.4. Middle East and Africa Additive Manufacturing Market Challenges 2.2.5. South America 2.2.5.1. South America Additive Manufacturing Market Drivers 2.2.5.2. South America Additive Manufacturing Market Restraints 2.2.5.3. South America Additive Manufacturing Market Opportunities 2.2.5.4. South America Additive Manufacturing Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Additive Manufacturing Industry 2.8. Analysis of Government Schemes and Initiatives For Additive Manufacturing Industry 2.9. Additive Manufacturing Market Trade Analysis 2.10. The Global Pandemic Impact on Additive Manufacturing Market 3. Additive Manufacturing Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 3.1.1. Plastics 3.1.2. Metals 3.1.3. Ceramics 3.1.4. Other 3.2. Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 3.2.1. Aerospace 3.2.2. Automotive 3.2.3. Consumer Products, 3.2.4. Healthcare 3.2.5. Government 3.2.6. Defense 3.2.7. Others 3.3. Additive Manufacturing Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Additive Manufacturing Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 4.1.1. Plastics 4.1.2. Metals 4.1.3. Ceramics 4.1.4. Other 4.2. North America Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 4.2.1. Aerospace 4.2.2. Automotive 4.2.3. Consumer Products, 4.2.4. Healthcare 4.2.5. Government 4.2.6. Defense 4.2.7. Others 4.3. North America Additive Manufacturing Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 4.3.1.1.1. Plastics 4.3.1.1.2. Metals 4.3.1.1.3. Ceramics 4.3.1.1.4. Other 4.3.1.2. United States Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 4.3.1.2.1. Aerospace 4.3.1.2.2. Automotive 4.3.1.2.3. Consumer Products, 4.3.1.2.4. Healthcare 4.3.1.2.5. Government 4.3.1.2.6. Defense 4.3.1.2.7. Others 4.3.2. Canada 4.3.2.1. Canada Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 4.3.2.1.1. Plastics 4.3.2.1.2. Metals 4.3.2.1.3. Ceramics 4.3.2.1.4. Other 4.3.2.2. Canada Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 4.3.2.2.1. Aerospace 4.3.2.2.2. Automotive 4.3.2.2.3. Consumer Products, 4.3.2.2.4. Healthcare 4.3.2.2.5. Government 4.3.2.2.6. Defense 4.3.2.2.7. Others 4.3.3. Mexico 4.3.3.1. Mexico Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 4.3.3.1.1. Plastics 4.3.3.1.2. Metals 4.3.3.1.3. Ceramics 4.3.3.1.4. Other 4.3.3.2. Mexico Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 4.3.3.2.1. Aerospace 4.3.3.2.2. Automotive 4.3.3.2.3. Consumer Products, 4.3.3.2.4. Healthcare 4.3.3.2.5. Government 4.3.3.2.6. Defense 4.3.3.2.7. Others 5. Europe Additive Manufacturing Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 5.2. Europe Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 5.3. Europe Additive Manufacturing Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 5.3.1.2. United Kingdom Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 5.3.2. France 5.3.2.1. France Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 5.3.2.2. France Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 5.3.3.2. Germany Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 5.3.4.2. Italy Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 5.3.5.2. Spain Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 5.3.6.2. Sweden Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 5.3.7.2. Austria Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 5.3.8.2. Rest of Europe Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 6. Asia Pacific Additive Manufacturing Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 6.2. Asia Pacific Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 6.3. Asia Pacific Additive Manufacturing Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 6.3.1.2. China Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 6.3.2.2. S Korea Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 6.3.3.2. Japan Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 6.3.4. India 6.3.4.1. India Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 6.3.4.2. India Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 6.3.5.2. Australia Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 6.3.6.2. Indonesia Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 6.3.7.2. Malaysia Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 6.3.8.2. Vietnam Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 6.3.9.2. Taiwan Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 6.3.10.2. Rest of Asia Pacific Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 7. Middle East and Africa Additive Manufacturing Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 7.2. Middle East and Africa Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 7.3. Middle East and Africa Additive Manufacturing Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 7.3.1.2. South Africa Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 7.3.2.2. GCC Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 7.3.3.2. Nigeria Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 7.3.4.2. Rest of ME&A Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 8. South America Additive Manufacturing Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 8.2. South America Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 8.3. South America Additive Manufacturing Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 8.3.1.2. Brazil Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 8.3.2.2. Argentina Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Additive Manufacturing Market Size and Forecast, by Material Type (2022-2029) 8.3.3.2. Rest Of South America Additive Manufacturing Market Size and Forecast, by Application (2022-2029) 9. Global Additive Manufacturing Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Additive Manufacturing Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. 3D Systems, Inc. (U.S.), 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Stratasys Ltd. (U.S.), 10.3. ExOne (U.S.), 10.4. Arcam AB (Sweden) 10.5. EnvisionTEC (Germany) 10.6. EOS (Germany) 10.7. Materialise NV (Belgium) 10.8. MCor Technologies Ltd. (Ireland) 10.9. MakerBot Industries LLC 10.10. Others 11. Key Findings 12. Industry Recommendations 13. Additive Manufacturing Market: Research Methodology 14. Terms and Glossary