Additive Manufacturing Market CAGR of 20.90% during the forecast period of 2024 to 2031.

This Additive Manufacturing Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Lab Accessories report simplifies managing marketing of goods and services effectively.

The global additive manufacturing market size was valued at USD 75.97 billion in 2023 and is projected to reach USD 111.05 billion by 2031, with a CAGR of 20.90% during the forecast period of 2024 to 2031.

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Market Overview:

The additive manufacturing market is witnessing significant growth, driven by advancements in technology and increasing adoption across various industries. Key developments include the integration of artificial intelligence and machine learning to enhance production efficiency and reduce material waste. In addition, the introduction of new materials, such as advanced polymers and metal alloys, has expanded the application range of additive manufacturing in sectors such as aerospace, healthcare, and automotive. For instance, companies such as Stratasys and Materialise are pioneering solutions that enable the rapid prototyping and production of complex geometries, significantly shortening lead times. Furthermore, the growing trend toward customized products, driven by consumer demand for personalization, is propelling the market forward. Governments are also investing in additive manufacturing technologies to boost local manufacturing capabilities and reduce dependency on global supply chains. As these developments continue to unfold, the additive manufacturing market is set to revolutionize traditional manufacturing processes, offering innovative solutions and enhancing production capabilities across industries.

Some of the major players operating in the Additive Manufacturing Market are ANSYS, Inc. (U.S.), Höganäs AB (Sweden), EOS (Germany), ARBURG GmbH + Co KG (Germany), Stratasys (U.S.), Renishaw plc. (U.K.), YAMAZAKI MAZAK CORPORATION (Japan), Materialise (Belgium), Markforged (U.S.), Titomic Limited. (Australia), SLM Solutions (Germany), Proto Labs (U.S.), ENVISIONTEC US LLC (U.S.), Ultimaker BV (Netherlands), American Additive Manufacturing LLC (U.S.), Optomec, Inc. (U.S.), 3D Systems Inc. (U.S.), and ExOne (U.S.) among others.

Global Additive Manufacturing Market Scope

The market is segmented on the basis of material type, technology, and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material Type

Metal
Plastic
Alloys
Ceramics
Technology

Stereolithography (SLA)
Fused Deposition Modeling (FDM)
Laser Sintering (LS)
Binder Jetting Printing
Polyjet Printing
Electron Beam Melting (EBM)
Laminated Object Manufacturing (LOM)
Others
Application

Automotive
Healthcare
Aerospace
Consumer Goods
Industrial
Defence
Architecture
Others
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Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Additive Manufacturing Market Landscape

Part 04: Global Additive Manufacturing Market Sizing

Part 05: Global Additive Manufacturing Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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