Press release
Additive Manufacturing Market to Reach USD 89.91 Bn by 2030, Growing at 21.86% CAGR
๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:The global additive manufacturing market is set to experience significant growth in the coming years. Valued at USD 22.53 Billion in 2023, the market is projected to grow at a CAGR of 21.86 %, reaching USD 89.91 Billion by 2030. The rising demand for customized products, advancements in 3D printing technologies, and widespread adoption across industries such as healthcare, aerospace, and automotive are key factors driving market expansion. This press release highlights country-specific insights, mergers, acquisitions, and key recent developments shaping the industry in Vietnam, Thailand, Japan, South Korea, Singapore, the US, and Europe.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ @https://www.maximizemarketresearch.com/request-sample/146140/
๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ:
Vietnam is rapidly becoming a hub for additive manufacturing in Southeast Asia due to its expanding industrial base and government initiatives promoting advanced manufacturing technologies. Recent collaborations, such as ๐๐ญ๐ซ๐๐ญ๐๐ฌ๐ฒ๐ฌ partnering with Vietnamese firms to establish localized 3D printing centers, underscore the country's commitment to embracing innovation. The Vietnamese additive manufacturing market is grow during the forecast period, driven by the electronics and consumer goods sectors.
๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐:
Thailand is leveraging additive manufacturing to enhance its automotive and healthcare industries. The country has witnessed significant investments, including a partnership between ๐๐๐ญ๐๐ซ๐ข๐๐ฅ๐ข๐ฌ๐ and a leading Thai hospital to develop patient-specific medical implants. Thailand's government has also launched initiatives like the "Thailand 4.0" strategy, which supports 3D printing adoption.
๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง:
Japan remains a leader in additive manufacturing, with advanced research and development spearheaded by companies like ๐๐ข๐ญ๐ฌ๐ฎ๐๐ข๐ฌ๐ก๐ข ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ and ๐๐๐ง๐จ๐ง ๐๐ง๐. Recent developments include the launch of ultra-fast 3D printers tailored for industrial applications. The Japanese market is expected to witness with major growth in aerospace and electronics sectors.
๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐:
South Korea is investing heavily in additive manufacturing technologies to bolster its industrial competitiveness. Mergers like ๐๐ฒ๐ฎ๐ง๐๐๐ข ๐๐จ๐ญ๐จ๐ซ ๐๐ซ๐จ๐ฎ๐ฉ acquiring 3D printing technology providers have enhanced the country's capabilities in custom automotive part manufacturing. South Korea's market is projected to grow as key industries like automotive and robotics adopt additive technologies.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฏ๐ข๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/146140/
๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐:
Singapore is at the forefront of additive manufacturing in Asia, thanks to its robust R&D ecosystem and government-backed initiatives. Key collaborations, such as ๐๐ partnering with local universities to develop innovative 3D printing applications, highlight the city-state's commitment to this technology. The Singaporean market is expected to grow driven by healthcare and aerospace advancements.
๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ:
The US continues to dominate the global additive manufacturing market, accounting for the largest share in 2023. Companies like 3๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ, ๐๐ญ๐ซ๐๐ญ๐๐ฌ๐ฒ๐ฌ, and ๐๐๐ฌ๐ค๐ญ๐จ๐ฉ ๐๐๐ญ๐๐ฅ are driving innovation in the aerospace, healthcare, and automotive sectors. The US market is projected to grow at a with notable advancements in metal additive manufacturing.
๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐:
Europe remains a key region for additive manufacturing, with countries like Germany, France, and the UK leading in technology adoption. The European Union's investment of โฌ50 million in additive manufacturing projects has spurred innovations across industries. Companies such as ๐๐ข๐๐ฆ๐๐ง๐ฌ and ๐๐๐ ๐๐ฆ๐๐ are at the forefront of driving 3D printing advancements in the region.
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/146140/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ ๐๐ฒ๐ฉ๐
Plastics
Metals
Ceramics
Other
๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
Stereolithography
Fuse Deposition Modeling
Selective Laser Sintering
Direct Metal Laser Sintering
Polyjet Printing
Inkjet Printing
Electron Beam Melting
Laser Metal Deposition
Digital Light Processing
Laminated Object Manufacturing
Others
With a revenue share of above 10%, the stereolithography segment was visible in the 2023 landscape. Stereolithography is widely used since it is one of the most established and conventional printing technologies in the additive manufacturing market. Its many benefits go beyond its simplicity of use. However, as technology continues to advance and industry leaders and researchers aggressively pursue research and development projects, prospects for additional reliable and effective technologies in the additive manufacturing sector are being revealed.
๐๐ฒ ๐๐๐ซ๐ญ๐ข๐๐๐ฅ
Aerospace
Automotive
Consumer Products,
Healthcare
Government
Defense
Others
๐๐๐ญ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/additive-manufacturing-market/146140/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐ซ๐จ๐ฏ๐ข๐๐๐ซ๐ฌ ๐ข๐ง ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐:
1. 3D Systems, Inc. (U.S.)
2. Stratasys Ltd. (U.S.)
3. ExOne (U.S.)
4. MakerBot Industries LLC (U.S.)
5. Formlabs (U.S.)
6. GE Additive (U.S.)
7. Renishaw plc (U.S.)
8. Sculpteo (U.S.)
9. EnvisionTEC (U.S.)
๐๐๐๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐ซ๐จ๐ฏ๐ข๐๐๐ซ๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐:
10. Arcam AB (Sweden)
11. EnvisionTEC (Germany)
12. EOS (Germany)
13. Materialise NV (Belgium)
14. MCor Technologies Ltd. (Ireland)
๐๐๐๐๐ง๐ญ ๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐๐ญ๐ซ๐๐ญ๐๐ฌ๐ฒ๐ฌ launched a new range of sustainable 3D printing materials targeting industrial applications in 2024.
๐๐๐ง๐๐ซ๐๐ฅ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ (๐๐) announced plans to expand its additive manufacturing facilities across Europe and the US to cater to growing demand.
๐๐ ๐๐ง๐. collaborated with Southeast Asian companies to establish 3D printing innovation labs in Singapore and Thailand.
๐๐๐ฌ๐ค๐ญ๐จ๐ฉ ๐๐๐ญ๐๐ฅ merged with ๐๐ฑ๐๐ง๐ to enhance capabilities in metal additive manufacturing globally.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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