The overall revenue from the global market for additive and materials manufacturing in 2022 was US$ 26.8 billion. Demand for materials and additive manufacturing is expected to increase at a CAGR of 21.2% during the coming ten years. As a result, the global market will surpass a valuation of US$ 183 billion by the end of 2032.
The most popular 3D printing technique will still be stereo lithography. This is because this additive manufacturing technique has several benefits. According to Future Market Insights, the target segment will have a 21.1% CAGR from 2022 to 2032.
The global market is being driven by the increasing adoption of additive manufacturing technology by various sectors. Similarly to this, sales will increase over the projected period due to advances in 3D technology.
Request a Sample of this Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-16825
More precisely and flexibly placed materials are now possible thanks to recent developments in 3D printing. This has greatly enhanced additive manufacturing as a result. Since these materials may self-assemble, self-heal, and self in response to external stimuli, they are superior and more valuable than standard commodities like resin.
Demand has increased due to the ability of materials used in 4D printing to alter their shapes and colors in reaction to UV and visible light. Today, a growing number of businesses are embracing additive manufacturing techniques. The need for materials for additive manufacturing will increase as a result.
The integration of additive manufacturing and materials is being pioneered by the automotive sector. This is a result of this industry’s increasing embrace of 3D printing technologies for prototyping purposes.
The global market will benefit from increasing demand from the aerospace, electronics, and medical device industries. In addition, industry 4.0 adoption and advancements in 3D printers are predicted to boost sales.
Key Takeaways from the Additive Manufacturing and Material Market Report:
- Global demand for additive manufacturing and materials will rise at 21.2% CAGR through 2032.
- By technology, the stereo lithography segment is set to rise at 21.1% CAGR.
- Based on end users, the automotive segment will thrive at 21.0% CAGR over the next ten years.
- The USA additive manufacturing and material market will cross the US$ 57 billion mark by 2032.
- Additive manufacturing and material sales in China will increase at 22.3% CAGR.
- Japan’s additive manufacturing and material market will reach US$ 13.2 billion by 2032.
- Demand in Korean market is forecast to surge at 21.6% CAGR during the assessment period.
Who is Winning?
3D Systems Corporation, Envision TEC GmbH, Stratasys Ltd, General Electric Company, Materialise NV, EOS GmbH, SLM Solutions Group AG, CleanGreen 3d Limited, Exone Company, and Optomec Inc. are key companies operating the market.
Most of these players are introducing novel additive manufacturing solutions to gain profits. They are also adopting strategies such as acquisitions, mergers, and collaborations to expand their presence.
More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the additive manufacturing and material market, presenting historical market data (2017 to 2021) and forecast statistics for the period from 2022 to 2032.
The study reveals extensive growth in the additive manufacturing and material market based on technology (stereo lithography, fused deposition modeling, laser sintering, and binder jetting printing), end user (aerospace and defense, automotive, healthcare, and industrial), and material (plastic, metals, and ceramics) across various regions.
Additive Manufacturing and Material Market Segmentation
By Technology:
- Stereo Lithography
- Fused Deposition Modeling
- Laser Sintering
- Binder Jetting Printing
By End User:
- Healthcare
- Aerospace and Defence
- Automotive
- Industrial
By Material:
- Plastic
- Metals
- Ceramics
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
Ask an Analyst @
https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-16825
Table of Content
Executive Summary | Additive Manufacturing and Material Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
Request for Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-16825
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments based on Source, Application, Sales Channel, and End Use over the next 10 years.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
