Additive manufacturing is the official industry standard term (ASTM F2792) for all applications of the technology. It is defined as the process of joining materials to make objects from 3D model data, usually layer upon layer, as opposed to subtractive manufacturing methodologies. Synonyms are additive fabrication, additive processes, additive techniques, additive layer manufacturing, layer manufacturing, and freeform fabrication.
Global Additive Manufacturing industry valued approximately USD 3,065.0 million is anticipated to grow with a healthy growth rate of more than 13.7% over the forecast till 2025. The major factors driving Fast product development at a low cost, Regulatory Hurdles in Many Countries, Rising of Global Additives Manufacturing Market
The Global Additive Manufacturing Market accounted to USD 3,065.0 million in 2016 growing at a CAGR of 13.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Additive manufacturing is also called as 3D (three dimensional) printing, and it is utilized for the creation of 3D objects. The 3-D object is created using computer, to create the object, additive processes are used. The 3D objects can be modified as per the industry requirement. The numerous industries which include 3-D object are healthcare, automotive, education, government, research, defense, aerospace, consumer products and industrial.
- 3D Systems, Inc.,
- 3T RPD Ltd.,
- Arcam AB,
- Biomedical Modeling Inc.,
- ENVISIONTEC, INC.,
- fcubic ab,
- EOS Systems,
- Integer Holdings Corporation,
- GPI Prototype & Manufacturing Services,
- SLM Solutions,
- Xilloc Medical,
- Dentsply Sirona,
- Renishaw plc,
- Stratasys Ltd., and Morris Technology,
- Lima Corporate
- among others.
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Major Market Drivers:
- New & upgraded technologies
- Fast product development at a low cost
- Regulatory Hurdles in Many Countries
- Rising of Global Additives Manufacturing Market
- Developing research & development
The global additive manufacturing market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of additive manufacturing market for global, Europe, North America, Asia Pacific and South America.
By technology:- Powder bed fusion, directed energy deposition, binder jetting, and sheet lamination.
On the basis of materials:- Homogeneous materials, and heterogeneous materials.
Homogeneous materials sub-segment:- Polymers, metals, ceramics, and natural materials.
Heterogeneous materials further sub-segment:- Polymeric matrix, metallic matrix, and multiple materials.
On the basis of products:- Surgical equipment, prosthetics & implants, and tissue engineering.
On the basis of end-users:- Automotive manufacturing, consumer products, government/military, architecture, healthcare, academic institutions, dental, and others.
On the basis of geography:- Global additive manufacturing market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
In 2017, North America is expected to dominate the market.
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Key Questions Answered in Global Additive Manufacturing Market Report:-
What will the market growth rate, Overview and Analysis by Type of Global Additive Manufacturing Market in 2024?
What are the key factors driving, Analysis by Applications and Global Additive Manufacturing Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Additive Manufacturing Market?
Who are Opportunities, Risk and Driving Force of Global Additive Manufacturing Market?
Who are the opportunities and threats faced by the vendors in Global Additive Manufacturing Market?
What are the Global Additive Manufacturing Market opportunities, market risk and market overview of the Market?
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