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Asia-Pacific Additive Manufacturing Market Growing with a CAGR of 21.6%,size, share, Current Key Players, Key Driver, Industry Trends and Forecast to 2030
Asia-Pacific Additive Manufacturing market study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. To understand the competitive landscape in the market, an analysis of Porter's five forces model for the market has also been included. Furthermore, businesses can decide upon the strategies about the product, customer, key player, sales, promotion or marketing by acquiring a detailed analysis of competitive markets. The widespread Asia-Pacific Additive Manufacturing market report is a synopsis about how is the market status right now and how will it be in the forecast years for Asia-Pacific Additive Manufacturing industry.
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The additive manufacturing market industry is concerned with the design, production and distribution of yarn, cloth, clothing and garments. The raw material may be metal, plastics, alloys and ceramic. The additive manufacturing industries contribute significantly towards the national economy of many countries. Growing demand for lightweight components from the automotive and aerospace categories and advancement in 3D metal printing technologies has highly increased the demand in the Asia-Pacific additive manufacturing market.
The Asia-Pacific additive manufacturing market is expected to gain significant growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 21.6% in the forecast period of 2023 to 2030 and is expected to reach USD 21,738.04 million by 2030. The major factor driving the growth of the additive manufacturing market is the increasing demand for lightweight components from the automotive and aerospace industries.
Market Definition
Additive manufacturing (AM) is different from the subtractive method of production, which envisages grinding out unnecessary material from a block of material. The use of additive manufacturing in industrial applications usually refers to 3D printing. Additive manufacturing involves a layer-by-layer addition of material to form an object while referring to a three-dimensional file with the help of a 3D printer and 3D printer software. A suitable additive manufacturing technology is selected from the available set of technologies depending upon the application.
Asia-Pacific Additive Manufacturing Market Scope
The Asia-Pacific additive manufacturing market is categorized based on material type, technology, and application. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Material Type
Metals
Plastics
Alloys
Ceramics
On the basis of material type, the Asia-Pacific additive manufacturing market is classified into four segments metals, plastics, alloys, and ceramics.
Technology
Stereolithography (SLA)
Fused disposition modelling (FDM)
Laser sintering (LS)
Binder Jetting printing
Polyjet printing
Electron Beam melting (EBM)
Laminated object manufacturing (LOM)
Others
On the basis of technology, the Asia-Pacific additive manufacturing market is classified into eight segments stereolithography (SLA), Fused Disposition Modelling (FDM), Laser Sintering (LS), Binder Jetting printing, Polyjet printing, Electron Beam Melting (EBM), Laminated Object Manufacturing (LOM), and Others.
Application
Automotive
Healthcare
aerospace
Consumer Goods
Industrial
Defence
Architecture
Others
On the basis of application, the Asia-Pacific additive manufacturing market is classified into eight segments automotive, healthcare, aerospace, consumer goods, industrial, defence, architecture, and others.
Asia-Pacific Additive Manufacturing Market Share Analysis
Asia-Pacific additive manufacturing market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies' focus related to the Asia-Pacific additive manufacturing market.
Some of the prominent participants operating in the Asia-Pacific additive manufacturing market are SLM Solutions, Proto Labs, Stratasys, Renishaw plc., Materialise, Titomic Limited., Höganäs AB, YAMAZAKI MAZAK CORPORATION, Markforged, Ultimaker BV, Optomec, Inc., ExOne. (A Subsidiary of Desktop Metal, Inc.), American Additive Manufacturing LLC, ANSYS, Inc., ARBURG GmbH + Co KG, ENVISIONTEC US LLC, EOS, and 3D Systems, Inc., among others.
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Asia-Pacific Additive Manufacturing Market Regional Analysis/Insights
The Asia-Pacific additive manufacturing market is segmented on the basis of material type technology and applications.
The countries in the Asia-Pacific additive manufacturing market are Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia & New Zealand, and the Rest of Asia-Pacific.
China dominates the Asia-Pacific additive manufacturing market due to advanced development in technologies.
The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data point downstream and upstream value chain analysis, technical trends, porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of APAC brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Our Reports Will Help Clients Solve the Following Issues:
Uncertainty about the future: Our research and insights assist our clients forecast revenue compartments and growth ranges in the future. This will assist our clients in investing in or selling their assets.
Grasp market opinions:
For a strategy, it is critical to have an objective understanding of market opinions. Our research provides a clear picture of market mood. We maintain this surveillance by engaging with Key Opinion Leaders from each industry's value chain.
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Our analysis assesses market investment centres based on projected demand, returns, and profit margins. By using our market research, our clients may concentrate on the most important investment centres.
Identifying and assessing possible business partners:
Our research and insights assist our clients in identifying business partners.
Major TOC of the Asia-Pacific Additive Manufacturing Market Report
• INTRODUCTION
• MARKET SEGMENTATION
• MARKET OVERVIEW
• EXECUTIVE SUMMARY
• PREMIUM INSIGHTS
• Integrated Passive Device Market
• COMPANY PROFILE
• COMPONENT MANUFACTURER
• CONCLUSION
• QUESTIONNAIRE
• RELATED REPORTS
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