Additive Manufacturing & Materials Market is Expected to Exceed US$ 35.10 Billion by 2023, growing at a CAGR of 26.86% | 3D Systems, Arcam AB, EnvisionTec, EOS GmbH, ExOne, Mcor Technologies, Materialise NV, Optomec

Marketprognosis.com Publish a New Market Research Report On “Global Additive Manufacturing & Materials Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Additive Manufacturing & Materials Market:

The Global Additive Manufacturing & Materials Market was valued at USD 8.42 Billion in 2017, and is expected to reach a value of USD 35.10 Billion by 2023, at a CAGR of 26.86%, during the forecast period (2018 - 2023).

The scope of the report is segmented by material type, such as Plastic, Metal, Ceramic, By technology stereo lithography, fused deposition modeling, laser sintering, binder jetting printing, and the end user industries are limited to aerospace, automotive, healthcare, government and defense, and industrial. The regions considered in the scope of the report include North America, Europe, Asia pacific, Middle East & Africa, and Latin America.

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Lightweight construction, flexibility in design and fabrication, and energy conservation has spurred the demand for high-performance construction processes and materials, across the aerospace and automotive industries. Additive manufacturing makes this design-driven construction a reality, enabling the production of complex structures that are stable, strong, light in weight, and offer capabilities beyond traditional subtractive manufacturing techniques. In the automotive landscape, owing to the demand for high-strength parts to endure the rigors of high-speed racing, the need to build complex geometries, and light weight construction. Further, major market players in the aerospace industry are investing in the development of additive manufacturing-based airplane components and parts. Additionally, the additive production-based technology delivers cost-effective, on-demand, low volume, as well as full batch production, thereby, making it an attractive alternative for the manufacture of aircrafts and automobiles.

Laser sintering is prominently used in industries that need small quantities of products printed in high-quality materials. It has applications in aerospace, healthcare, military, hardware, and other industry verticals. In the recent years, technological developments in this segment have been focused on the design and movement of the lasers, for performance optimization. The laser-sintering segment is expected to record growth, due to its ability to generate products with good mechanical properties.

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The United States, being among the lead innovators and pioneers, in terms of adoption, for additive manufacturing, is expected to retain its position as the market leader during the forecast period. In 2016, the US Patent and Trademark Office (USPTO) reported that more than 8,000 patent applications were filed in the field of Additive manufacturing materials. The patents ranged from prosthetic kits to household and consumer products. The introduction of 3D bio printing (an emerging form of 3D printing) is expected to have a positive impact on the US economy, with all the stakeholders expected to benefit from the use of 3D printing techniques.

Major Key Players:

1 3D Systems

2 Arcam AB

3 EnvisionTec

4 EOS GmbH

5 ExOne

6 Mcor Technologies Ltd.

7 Materialise NV

8 Optomec

9 Stratasys Ltd. and More…………….

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Additive Manufacturing & Materials Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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This release was published on openPR.