Additive Manufacturing Market Technology, Materials, Products, End-Users, Geography- Industry Trends and Forecast to 2024
Pune, India -- (SBWIRE) -- 01/26/2018 -- According To New research By Data Bridge Market Research On 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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Global Additive Manufacturing Market Technology (Powder Bed Fusion, Directed Energy Deposition, Binder Jetting, Sheet Lamination), Materials (Homogeneous Materials, Heterogeneous Materials), Products (Surgical Equipment, Prosthetics & Implants, Tissue Engineering), End-Users (Automotive Manufacturing, Consumer Products, Government/Military, Architecture, Healthcare, Academic Institutions, Dental, Others), Geography- Industry Trends and Forecast to 2024
Top Competitors:
- 3D Systems, Inc.,
- 3T RPD Ltd.,
- Arcam AB,
- Biomedical Modeling Inc.,
- ENVISIONTEC, INC.,
- fcubic ab,
- EOS Systems,
- Integer Holdings Corporation,
- GPI Prototype & Manufacturing Services,
- Surgival,
- SLM Solutions,
- Xilloc Medical,
- Dentsply Sirona,
- Renishaw plc,
- Stratasys Ltd., and Morris Technology,
- Materialise,
- Lima Corporate
- among others.
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Market Definition:
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.
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
Competitive Analysis:
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.
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Market Segmentation:
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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