Dublin, Aug. 03, 2022 (GLOBE NEWSWIRE) -- The "Additive Manufacturing Market Size, Share, Trends, By Technology, By Material Type, By Application, and By Region Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The global additive manufacturing market size is expected to reach USD 70.08 Billion in 2030 and register a revenue CAGR of 21.1% over the forecast period, according to latest report. The report provides an extensive analysis and accurate statistical data on the global additive manufacturing market. The report begins with a brief introduction and market overview, followed by market growth drivers, restraints, trends, and opportunities.
Rapid market revenue growth of additive manufacturing can be attributed to the technological advancements and the growing popularity of new applications. The development of new processes, materials, and machines are providing significant opportunities for the additive manufacturing market players to increase their production capacity and efficiency.
Also, with the adoption of 3D printing technology in various industries such as healthcare, automotive, consumer goods, aerospace & defense, among others, there is a significant scope for the growth of additive manufacturing market.
The trend of miniaturization is one of the most significant drivers for additive manufacturing technology, as it helps in the development of small and complex products with a high degree of accuracy. Moreover, with the increasing demand for customization and personalization, additive manufacturing provides an opportunity to produce customized products as per the requirement of the customer.
However, lack of standardized equipment is a major restraint faced by the key players in the additive manufacturing market. The main challenge for the additive manufacturing market is the lack of standardized equipment. This has led to difficulties in terms of quality control and production costs. In order to ensure consistent quality, manufacturers need to invest in expensive software and machines. This often leads to increased production costs, which can be a barrier to entry for some companies.
In order to stay competitive, it is important for manufacturers to adopt new technologies and processes. One way to do this is by investing in additive manufacturing. This will allow them to produce products more quickly and efficiently, while also reducing production costs.
For this report, the publisher has segmented the global additive manufacturing market based on technology, material type, application, and region:
Technology Outlook (Revenue, USD Billion; 2019-2030)
Binder Jetting Printing
Electron Beam Melting
Fused Deposition Modeling
Laminated Object Manufacturing
Thermal Dimensional Printing
Material Type Outlook (Revenue, USD Billion; 2019-2030)
Application Outlook (Revenue, USD Billion; 2019-2030)
Government & Defense
Industrial/ Business Machines
Education & Research
Key Topics Covered:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Additive Manufacturing Market Segmentation & Impact Analysis
Chapter 5. Additive Manufacturing Market By Technology Insights & Trends
Chapter 7. Additive Manufacturing Market By Application Insights & Trends
Chapter 8. Additive Manufacturing Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
3D Systems Inc.
MakerBot Industries LLC
For more information about this report visit https://www.researchandmarkets.com/r/age442
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