Global Additive Manufacturing Market is valued at USD 19.07 Billion in 2021 and expected to reach USD 76.28 Billion by 2028 with the CAGR of 21.9% over the forecast period.
Additive Manufacturing Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate the Additive Manufacturing Market place for the forecast 2022-2028.
There is a noteworthy requirement for the additive manufacturing from the dental and medical sectors. Increasing population with rising revenue is powering the development of the additive manufacturing market. In the years to come, the global market is predicted to develop due to the cost drop of the 3D printer.
To generate 3D objects, 3D printing is employed which is also dubbed as additive manufacturing. To take the 3D print of the things in different sectors such as research, healthcare, consumer products, aerospace, automotive, industrial, government, education, and defense, additive manufacturing is employed. Complex design products can now be simply manufactured and conceptualized by using additive manufacturing. The high employment of the additive manufacturing is for tailoring of the goods. With the assistance of additive manufacturing, sectors are now capable of manufacturing goods that have complicated designs with high precision. Different techs that are employed in the additive manufacturing or 3D printing are electron beam melting, fused deposition modeling, laminated object manufacturing, selective laser sintering, stereo lithography, robocasting, direct metal laser sintering, selective heat sintering, and power bed.
The additive manufacturing market is divided into material type, end-user industry, and the regions. By end-user industry, the additive manufacturing market is divided into healthcare, automotive, dental, automotive, and others. By material type, the global market is segmented into rubber, metal alloy, plastic, and others. The geographical areas where the additive manufacturing market is segmented are North America, Europe, Asia Pacific, and Rest of the World.
|Historical data||2018 - 2021|
|Forecast Period||2022 - 2028|
|Market Size in 2021:||USD 19.07 Billion|
|Base year considered||2021|
|Forecast Period CAGR %:||
|Market Size Expected in 2028:||USD 76.28 Billion|
|Tables, Charts & Figures:||175|
|Additive Manufacturing Companies||MCor Technologies Ltd., Stratasys Inc, Envisiontec GmbH, Biomedical Modeling, Inc., Materialise NV, Morries Technologies Inc., ExOne SLM Solutions GmbH Greatbarch Inc., Arcam AB, Eos GmbH Electro Optical Systems, 3D Systems, Inc, Sirona Dental System and EOS, GPI Prototype and Manufacturing Services, Inc., Stratasys Ltd. & Others|
|Segments Covered||By Applications, By Technology, By Material Type|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
The major players included in the global additive manufacturing market forecast are,
Development Of Other Sectors To Power The Development Of The Additive Manufacturing Market In The Long Run
The development of the additive manufacturing market is extremely reliant on the development of other sectors such as food and beverages, manufacturing, aerospace, automotive, and healthcare. There is a noteworthy requirement for the additive manufacturing from the dental and medical sectors. Increasing population with rising revenue is powering the development of the additive manufacturing market. In the years to come, the global market is predicted to develop due to the cost drop of the 3D printer. Presently, the developed nations are employing 3D printing or additive manufacturing, whereas the developing nations are employing the additive manufacturing in a restricted manner. This restricted employment of the additive manufacturing in the developing and underdeveloped nations might hinder the growth of global market.
Rising Spending Is Powering The Additives Manufacturing Market In Europe
Europe is the most prominent market for the additive manufacturing. Europe is followed by Asia Pacific and North America. The rising spending in this area is powering the additives manufacturing market. In terms of revenue, Europe dominates the global market due to the low manufacturing cost and rising income of additive manufacturing. North America is the second biggest region followed by Asia Pacific. In the Asia Pacific region, China has the first place after India. The leading firms are spending to increase their production capacity and extend their business.
The global additive manufacturing market has been seeing substantial development in emerging nations such as China, India, Turkey, and Brazil. Powered by development in emerging sectors, makers are aiming on guaranteeing easy customization and on
On Special Requirement Additive Manufacturing Market Report is also available for the below Regions and Country:
Middle East and Africa
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