Additive Manufacturing Market Size | Trends, Growth & Forecast 2024-2031 | Top key players - Stratasys Ltd., 3D Systems Corporation, EOS GmbH.

The Global Additive Manufacturing Market reached USD 14 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 62 billion by 2031. The market is growing at a CAGR of 24.5% during the forecast period 2024-2031.

Additive Manufacturing Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Additive Manufacturing Market focuses on 3D printing technologies that create complex structures layer by layer using materials like metals, polymers, and ceramics. Widely used in aerospace, healthcare, and automotive industries, it enables rapid prototyping, customization, and cost-efficient production. Growing adoption of advanced materials, automation, and sustainable manufacturing is driving market expansion and technological innovation.

List of the Key Players in the Additive Manufacturing Market:

Stratasys Ltd., 3D Systems Corporation, EOS GmbH, Materialise NV, SLM Solutions Group AG, Renishaw PLC, Ultimaker BV, HP Inc., GE Additive and EnvisionTEC GmbH.

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Industry Development:

On May 18, 2023, SPEE3D won the U.S. defense challenge using its cold spray additive manufacturing technology. This victory will lead to an investment of over USD 2 million, further advancing innovative manufacturing solutions for defense applications.

On October 25, 2022, Stratasys Ltd. acquired Riven, a quality control software provider based in Berkeley, California. Previously a Stratasys connectivity software partner, Riven's cloud-based software is now fully integrated into the GrabCAD Additive Manufacturing Platform. This integration enhances quality control and efficiency for users of Stratasys 3D printers running GrabCAD Print.

Growth Forecast Projected:

The Global Additive Manufacturing Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Additive Manufacturing Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Additive Manufacturing Market:

By Technology: Stereolithography, Fuse Deposition Modelling (FDM), Selective Laser Sintering (SLS), Direct Metal Laser Sintering (DMLS), Polyjet Printing, Inkjet Printing, Electron Beam Melting (EBM), Laser Metal Deposition, Digital Light Processing, Laminated Object Manufacturing, Others.

By Material: Plastics, Metals, Ceramics, Others.

By Application: Automotive, Aerospace, Healthcare, Industrial, Consumer Products, Others.

Regional Analysis for Additive Manufacturing Market:

The regional analysis of the Additive Manufacturing Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Additive Manufacturing market?

➠ Who are the leading manufacturers in the global Additive Manufacturing industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Additive Manufacturing industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Additive Manufacturing market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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