Global Additive Manufacturing Market Trends

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Global Additive Manufacturing Market Size, Share, and Trends Analysis Report Trends

  • Chemical and Materials
  • Upcoming Report
  • Oct 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

“Increasing Use of Metal 3D Printing Technologies”

The additive manufacturing market is witnessing significant growth, driven by advancements in technology and increasing adoption across various industries. One prominent trend in the additive manufacturing market is the increasing use of metal 3D printing technologies, particularly in the aerospace and automotive sectors. As manufacturers seek to optimize their supply chains and reduce production costs, metal additive manufacturing provides a solution by enabling the production of complex geometries that are often impossible to achieve with traditional methods. For instance, companies such as GE Aviation are utilizing metal 3D printing to create lightweight, high-performance components for jet engines, resulting in significant weight savings and improved fuel efficiency. Furthermore, the development of advanced metal powders and printing techniques, such as Direct Energy Deposition (DED) and Powder Bed Fusion (PBF), is enhancing the capabilities of additive manufacturing. This trend is driving innovation in product design and allowing for more sustainable manufacturing practices, as the precision of additive processes minimizes material waste. As the technology continues to mature, the adoption of metal 3D printing is expected to expand, reshaping the future of manufacturing across various industries.

Frequently Asked Questions

The market is segmented based on Segmentation, By Material Type (Metal, Plastic, 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), and Others), Application (Automotive, Healthcare, Aerospace, Consumer Goods, Industrial, Defence, Architecture, and Others)  - Industry Trends and Forecast to 2031 .
The Global Additive Manufacturing Market size was valued at USD 75.97 USD Billion in 2023.
The Global Additive Manufacturing Market is projected to grow at a CAGR of 20.9% during the forecast period of 2024 to 2031.
The major players operating in the market include ANSYS , Höganas AB, EOS, ARBURG GmbH + Co KG, Stratasys, Renishaw plc., YAMAZAKI MAZAK CORPORATION, Materialise, Markforged, Titomic Limited., SLM Solutions, Proto Labs, ENVISIONTEC US LLC, Ultimaker BV, American Additive Manufacturing LLC, Optomec , 3D systems , ExOne..
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.