New York, NY -- (SBWire) -- 03/30/2019 --The global Additive Manufacturing Market is expected to reach USD 23.33 billion by 2026, growing at a high rate of 14.4%, according to a new report by Reports and Data. Increasing government support to enhance additive manufacturing technology across various regions is a key factor influencing market demand. For instance: America Makes, the leading national program in the US, that has been exclusively committed for research in additive manufacturing (3D printing technology), was supported by a USD 90 million financing from the government and business and non-benefit divisions.
The major players covered in this report:
3D Systems Inc., General Electric, EnvisionTEC, Mcor Technologies Ltd., Optomec Inc., Stratasys Ltd, EOS GmbH, The ExOne Company and MakerBot Industries, LLC among others
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Additive manufacturing has several advantages such as lower resource requirement, faster production cycle, flexible design, and substantial savings on tooling over traditional manufacturing technologies such as injection molding, Computer Numerical Control (CNC) machining, and vacuum casting. After more than 25 years of development, the market is finally moving into the production phase. Over the forecasted period, businesses alongside the price chain in a variety of industries are now trying hard to capitalize on this fast-paced market. Different metals such as titanium, steel, nickel, aluminum, and cobalt alloys which have various properties are used to make high-performance parts, specifically in the aerospace industry.
Understanding the market size
The size of the Additive Manufacturing market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the Additive Manufacturing report.
Additive Manufacturing Market by Material type (Revenue, USD Million; 2018-2026):
- Metals
- Thermoplastics
- Ceramics
- Others
Additive Manufacturing Market by Metal Type (Revenue, USD Million; 2018-2026):
- Titanium
- Stainless Steel
- High Performance Alloys
- Aluminum
- Precious Metals
- Others
Additive Manufacturing Market by Polymer Type (Revenue, USD Million; 2018-2026):
- Acrylonitrile Butadiene Styrene (ABS)
- Polylactic Acid (PLA)
- Polycarbonate (PC)
- Polyvinyl Alcohol (PVA)
- Others
Additive Manufacturing Market by Ceramics Type (Revenue, USD Million; 2018-2026):
- Silica/ Glass
- Porcelain
- Silicon Carbide
- Others
Additive Manufacturing Market by Process (Revenue, USD Million; 2018-2026):
- Computer-Aided Design
- Stereo lithography
- Fused Filament Fabrication
- Binder Jetting
- Material Jetting
- Powder Bed Fusion
- Material Extrusion
- Others
Additive Manufacturing Market, by End-use Outlook (Revenue, USD Million; 2018-2026):
- Aerospace
- Medical
- Manufacturing
- Automotive
- Construction
- Others
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Knowing the trends influencing the industry performance
Stakeholders, marketing executives and business owners planning to refer a market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.
Our trend analysts look for the crucial connection between consumer trends, behaviour and values, to provide context for the sectors, demographics and global themes that matter to you.
How geography and sales fit together
The study works as a boon for all business owners trying to identify the exact size of the target audience in a specific geographic location. Mobility as a Service enables entrepreneurs to determine the regional market for their business expansion. The study answers the questions below:
- Where do the requirements come from?
- Where do non-potential customers reside?
- What is the buying behaviour of the customers dwelling in a particular area?
- What is the spending power of the customers in a specific region?
Geographically, this report studies the top producers and consumers in these key regions:
- North America
- Europe
- China
- Japan
- Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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Key Points From TOC:
Chapter 13. Company Profiles
13.1. 3D Systems, INC.
13.1.1. Company Overview
13.1.2. Financial Performance
13.1.3. Type Insights
13.1.4. Strategic Initiatives
13.2. General Electric
13.2.1. Company Overview
13.2.2. Financial Performance
13.2.3. Type Insights
13.2.4. Strategic Initiatives
13.3. EnvisionTEC
13.3.1. Company Overview
13.3.2. Financial Performance
13.3.3. Type Insights
13.3.4. Strategic Initiatives
Continued……
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Additive Manufacturing Market in-Depth Analysis 2018-2026 by Key Players: 3D Systems Inc., General Electric, Optomec Inc., Stratasys Ltd
A closer look at the overall Additive Manufacturing business scenario presented through self-explanatory charts, tables, and graphics images add greater value to the study.