Additive Manufacturing and Material Trends and Forecast
The future of the global additive manufacturing and material market looks promising with opportunities in the healthcare, aerospace & defence, automotive, and industrial markets. The global additive manufacturing and material market is expected to reach an estimated $92.9 billion by 2030 with a CAGR of 20.1% from 2024 to 2030. The major drivers for this market are increasing demand for customized and on-demand manufacturing and rising use of additives in 3D and 4D printing application.A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Additive Manufacturing and Material by Segment
The study includes a forecast for the global additive manufacturing and material by material, technology, end use, and region.Additive Manufacturing and Material Market by Material [Shipment Analysis by Value from 2018 to 2030]:
- Plastic
- Metals
- Ceramics
Additive Manufacturing and Material Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
- Stereolithography
- Fuse Deposition Modeling
- Selective Laser Sintering
- Direct Metal Laser Sintering
- Polyjet Printing
- Inkjet Printing
- Electron Beam Melting
- Laser Metal Deposition
Additive Manufacturing and Material Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Healthcare
- Aerospace & Defence
- Automotive
- Industrial
Additive Manufacturing and Material Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Additive Manufacturing and Material Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies additive manufacturing and material companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the additive manufacturing and material companies profiled in this report include-- 3D Systems
- General Electric
- Envision TEC
- Exone
- Materialise
- Optomec
- Stratasys
Additive Manufacturing and Material Market Insights
The publisher forecasts that plastic is expected to witness highest growth over the forecast period due to its adavantages like relatively inexpensive and easy to process using additive manufacturing technologies.Within this market, healthcare is expected to witness highest growth over the forecast period due to significant use of additive manufacturing in this sector given to its unique capabilities to produce custom-made medical implants, devices, and prosthetics with complex geometries and unique properties.
North America is expected to witness highest growth over the forecast period due to presence of a large and sophisticated manufacturing sector in this region.
Features of the Global Additive Manufacturing and Material Market
- Market Size Estimates: Additive manufacturing and material market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Additive manufacturing and material market size by material, technology, end use, and region in terms of value ($B).
- Regional Analysis: Additive manufacturing and material market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different materials, technologies, end uses, and regions for the additive manufacturing and material market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the additive manufacturing and material market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the additive manufacturing and material market size?Answer: The global additive manufacturing and material market is expected to reach an estimated $92.9 billion by 2030.
Q2. What is the growth forecast for additive manufacturing and material market?
Answer: The global additive manufacturing and material market is expected to grow with a CAGR of 20.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the additive manufacturing and material market?
Answer: The major drivers for this market are increasing demand for customized and on-demand manufacturing and rising use of additives in 3D and 4D printing application.
Q4. What are the major segments for additive manufacturing and material market?
Answer: The future of the additive manufacturing and material market looks promising with opportunities in the healthcare, aerospace & defence, automotive, and industrial markets.
Q5. Who are the key additive manufacturing and material market companies?
Answer: Some of the key additive manufacturing and material companies are as follows:
- 3D Systems
- General Electric
- Envision TEC
- Exone
- Materialise
- Optomec
- Stratasys
Answer: The publisher forecasts that plastic is expected to witness highest growth over the forecast period due to its adavantages like relatively inexpensive and easy to process using additive manufacturing technologies.
Q7. In additive manufacturing and material market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to presence of a large and sophisticated manufacturing sector in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the additive manufacturing and material market by material (plastic, metals, and ceramics), technology (stereolithography, fuse deposition modeling, selective laser sintering, direct metal laser sintering, polyjet printing, inkjet printing, electron beam melting, and laser metal deposition), end use (healthcare, aerospace & defence, automotive, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Additive Manufacturing and Material Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3D Systems
- General Electric
- Envision TEC
- Exone
- Materialise
- Optomec
- Stratasys
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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