Additive Manufacturing Market to Grow at a CAGR of 17.7% by Leading Key Players 3D Systems Corporation, Stratasys, EnvisionTEC, 3D Hubs, Sciaky, Inc.

The global additive manufacturing market is estimated to grow at a CAGR of 17.7% during the forecast period 2019 - 2027 and forecasted to reach US$ 36.61 Bn by the year 2027 from US$ 8.4 Bn.

Leading key market players mentioned in the report:-

• 3D Systems Corporation
• Stratasys
• Arcam
• EnvisionTEC
• 3D Hubs
• Sciaky, Inc.
• ProtoCAM
• GPI Prototype & Manufacturing Services
• EOS Saunatechnik GmbH
• 3T RPD

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The additive manufacturing market segmentation is done on the basis of material, technology, and end-user. The additive manufacturing market has been segmented on the basis of material into plastic, metal, ceramics, and others. Further, the additive manufacturing market has been segmented on the basis of technology into Selective Laser Sintering (SLS), Stereolithography (SLA), Fused Deposition Modeling (FDM), and Others. In recent years, a large number of industry sectors have displayed a various level of keenness to adopt the additive manufacturing solution.

Accordingly, the additive manufacturing market has also been segmented on the basis of end-user that includes automotive, aerospace, healthcare, industrial manufacturing, and others. On the basis of geography, the additive manufacturing market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).

Reasons to Buy the Report:

• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.

What the report features:-

• Global analysis of Additive Manufacturing market from 2019 – 2027 illustrating the progression of the market.
• Forecast and analysis of Additive Manufacturing market by Dosage, Route of Administration and Application from 2019 – 2027
• Forecast and analysis of Additive Manufacturing market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

The additive manufacturing market has experienced a significant growth and adoption rate during the past few years and is expected to experience substantial growth and acceptance in years to come. The primary reasons for the surged adoption of additive manufacturing are the increase in the need for automation and cost-effective technologies in the manufacturing sector. The implementation of additive manufacturing technologies in manufacturing facilitates the mass production of complex shapes parts with reduced lead times. Additive manufacturing has replaced traditional manufacturing methods owing to its high accuracy and speed of production. Also, additive manufacturing transforming production in the range of applications.

Fused deposition modeling (FDM), stereolithography (SLA), and selective laser sintering are the primary technologies used in additive manufacturing for production. These technologies are mainly adopted where the production volume is low, and product value is high. These technologies offer variations in surface finish, dimensional accuracy, and post-processing requirements. FDM is the leading technology in the global additive manufacturing market which is ideal for engineering-grade thermoplastic filaments to produce functional parts. For instance, acrylonitrile butadiene styrene (ABS), polylactic acid (PLA), and nylon are few of the common materials used in FDM additive manufacturing technology.

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