Global Additive Manufacturing & Materials Market 2021 is expected to register a CAGR of 26.86%, during forecast period with Impact of Covid 19 Analysis

Additive

Global “Additive Manufacturing & Materials Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Additive Manufacturing & Materials in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Additive Manufacturing & Materials Market report categorizes the market based on manufacturers, regions, type, and application. Additive Manufacturing & Materials Market reports offer a detailed assessment of the Additive Manufacturing & Materials including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Additive Manufacturing & Materials market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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The global additive manufacturing & materials market was valued at USD 8.42 billion in 2017, and is expected to reach a value of USD 35.10 billion by 2023, at a CAGR of 26.86 %, during the forecast period (2018 – 2023). The scope of the report is segmented by material type, such as Plastic, Metal, Ceramic, By technology stereo lithography, fused deposition modeling, laser sintering, binder jetting printing, and the end user industries are limited to aerospace, automotive, healthcare, government and defense, and industrial. The regions considered in the scope of the report include North America, Europe, Asia pacific, Middle East & Africa, and Latin America.

Demand for Lightweight Construction in Automotive and Aerospace Industries

Lightweight construction, flexibility in design and fabrication, and energy conservation has spurred the demand for high-performance construction processes and materials, across the aerospace and automotive industries. Additive manufacturing makes this design-driven construction a reality, enabling the production of complex structures that are stable, strong, light in weight, and offer capabilities beyond traditional subtractive manufacturing techniques. In the automotive landscape, owing to the demand for high-strength parts to endure the rigors of high-speed racing, the need to build complex geometries, and light weight construction. Further, major market players in the aerospace industry are investing in the development of additive manufacturing-based airplane components and parts. Additionally, the additive production-based technology delivers cost-effective, on-demand, low volume, as well as full batch production, thereby, making it an attractive alternative for the manufacture of aircrafts and automobiles.

Laser sintering has a Major Market Share Amongst Other Technologies

Laser sintering is prominently used in industries that need small quantities of products printed in high-quality materials. It has applications in aerospace, healthcare, military, hardware, and other industry verticals. In the recent years, technological developments in this segment have been focused on the design and movement of the lasers, for performance optimization. The laser-sintering segment is expected to record growth, due to its ability to generate products with good mechanical properties.

Industrial Manufacturing Has a Major Market Share amongst Other End-user Industries

In industrial manufacturing, which includes semiconductors, consumer electronic, goods, and machinery components, additive manufacturing has allowed the production of parts that are geometrically complex, stronger, and cost-effective. As semiconductors are used in almost all electronics, it is necessary to design them with precision, for efficient and seamless functioning. The adoption of AM in semiconductors has led to a reduction in size and improved the finishing. These factors are expected to boost the market.

North America has the Highest Share in the Market

The United States, being among the lead innovators and pioneers, in terms of adoption, for additive manufacturing, is expected to retain its position as the market leader during the forecast period. In 2016, the US Patent and Trademark Office (USPTO) reported that more than 8,000 patent applications were filed in the field of Additive manufacturing materials. The patents ranged from prosthetic kits to household and consumer products. The introduction of 3D bio printing (an emerging form of 3D printing) is expected to have a positive impact on the US economy, with all the stakeholders expected to benefit from the use of 3D printing techniques.

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The global Additive Manufacturing & Materials market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Additive Manufacturing & Materials Market Report covers the Top Key-players in 2021:-

  • 3D Systems
  • Arcam AB
  • EnvisionTec
  • EOS GmbH
  • ExOne
  • Mcor Technologies Ltd.
  • Materialise NV
  • Optomec
  • Stratasys Ltd.

Highlighted points of Additive Manufacturing & Materials Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Additive Manufacturing & Materials Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Additive Manufacturing & Materials? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Additive Manufacturing & Materials Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Additive Manufacturing & Materials Market? What Was Capacity, Production Value, Cost and PROFIT of Additive Manufacturing & Materials Market?
  • What Is Current Market Status of Additive Manufacturing & Materials Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Additive Manufacturing & Materials Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Additive Manufacturing & Materials Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Additive Manufacturing & Materials Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Additive Manufacturing & Materials Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Additive Manufacturing & Materials Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Additive Manufacturing & Materials Industry?

Key Developments in the Additive Manufacturing & Materials Market:

  • December 2017 – General Electric Co announced that it would raise its stake in Swedish 3D printer maker Arcam AB ARCM.ST to around 95 percent from 77 percent after buying shares from hedge funds Elliott and Polygon. GE said it would buy Elliott Management and Polygon Investment Group’s outstanding shares for 345 Swedish crowns (USD 41.44) each. GE also said it planned to acquire all remaining shares of Arcam in a compulsory buyout procedure and to request that the company delist its shares from the Nasdaq Stockholm exchange. Activist Elliott built a 10 percent stake in Arcam in October 2016 after GE announced an initial tender for the 3D printer maker, which the hedge fund rejected. GE later offered a 5 percent bump on its first offer, raising it to 300 crowns per share, and Arcam said GE’s offer was completed in November 2016
  • January 2017 – Materialise NV announced that it has signed an agreement with Siemens’ product lifecycle management (PLM) software business, to help create a seamless process for designing and manufacturing parts using additive manufacturing technology. Through this agreement, the two companies will work together to integrate Materialise’s industry-proven AM software technologies with Siemens’ digital solutions
    The m

    Reasons to Purchase this Report

  • Demand for lightweight construction in automotive and aerospace industries act as a driver to the global market scenario.
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • Regions which are expected to witness fastest growth during the forecast period.
  • Identifying the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)

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    Finally, the report Global Additive Manufacturing & Materials Market 2021 describes the Additive Manufacturing & Materials industry expansion game plan, the Additive Manufacturing & Materials industry knowledge supply, appendix, analysis findings, and the conclusion.

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