- In November 2023, Autodesk Inc. unveiled Autodesk AI, a new technology integrated into its products that provides generative capabilities and intelligent assistance. This innovation is intended to reduce errors by automating repetitive tasks and addressing customer needs
- In March 2023, 3D Systems, Inc. introduced two new printing materials, NextDent Cast and NextDent Base, along with the NextDent LCD1 printing platform, designed to improve material properties and offer an easy-to-use small-format printer. These launches aim to assist customers in accelerating the adoption of additive manufacturing
- In October 2022, GE Additive, a U.S.-based company, launched its new Series 3 binder jet platform, designed for the industrial-scale production of metal parts such as castings. The company has produced over 140,000 of these components, which offer 15% greater fuel efficiency compared to standard alternatives
- In July 2022, Toyota began manufacturing stock parts using HP Multi Jet Fusion 3D printing, offering them alongside traditionally produced spare parts. This initiative aims to optimize the designs and reduce lead times for newly developed components in the automotive sector
- In February 2022, Dassault Systèmes announced a strategic partnership with Cadence Design Systems, Inc. to deliver integrated solutions for developing high-performance electronic systems for enterprise clients across various industries, including high tech, industrial equipment, transportation and mobility, aerospace and defense, and healthcare
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
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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.