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Selective Laser Sintering Equipment Market Projected to Soar to $2.9 Billion by 2030 with Robust Growth in the Tooling Segment

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Global Market for Selective Laser Sintering Equipment

Global Market for Selective Laser Sintering Equipment
Global Market for Selective Laser Sintering Equipment

Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Selective Laser Sintering Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global Selective Laser Sintering (SLS) Equipment market is experiencing a significant upswing, with projections indicating a growth to US$2.9 Billion by the year 2030. According to a comprehensive strategic business analysis of the market dynamics, this robust growth reflects a compound annual growth rate (CAGR) of 20% over the period from 2022 to 2030. The current landscape, estimated at US$679 Million in 2022, showcases the Tooling sector's notable expansion, expected to rise at a CAGR of 21.9% and attain a market size of US$1.5 Billion by the end of the forecast period.

As the global economy navigates through the stages of post-pandemic recovery, various segments within the Selective Laser Sintering Equipment industry are adjusting to the new norm. Notably, the Heavy Equipment & Machinery segment is poised for a resurgence, with anticipated CAGR recalibration to 19% over the next eight years.

In regional market developments, the United States is currently valued at US$203.1 Million, while China is emerging as a high-growth market with a predicted CAGR of 19%. Such growth is emblematic of China's burgeoning status as a second-largest global economy and a significant player in the SLS equipment sector. Other geographic areas also displaying vigorous growth include Japan and Canada, each on a growth trajectory with CAGRs of 17.9% and 16.6%, respectively, during the period of analysis. Furthermore, the European market, with Germany at the forefront, is forecasted to ascend with an approximated CAGR of 13.4%.

Within this comprehensive report, a selection of leading competitors in the Selective Laser Sintering Equipment domain is featured. A total of 33 key industry players have been highlighted, which represent a broad spectrum of expertise and market presence in the SLS equipment sector.

  • Market Dynamics: Offering a snapshot of various factors influencing the market ecosystem.

  • Geographic Analysis: Deep dive into regional market performance and growth opportunities.

  • Competitive Landscape: Insight into the strategic positioning of key market players.

The report also integrates special coverage on contemporary global events such as the Russia-Ukraine conflict, market responses to inflation worldwide, implications of China's eased COVID-19 policies and its impact on the global economy, along with insights into supply chain disruptions, trade tensions, and the looming risk of recession. This enriching blend of current events and market data provides a holistic view of the industry's trajectory in a rapidly evolving world.

For those with vested interests in the advanced manufacturing technology and industrial machinery sectors, access to such in-depth analysis is invaluable. Industry professionals, investors, and market analysts can benefit from the insights gathered in this report, which encompasses a panoramic view of the Selective Laser Sintering Equipment market's future landscape.

Key Attributes:

Report Attribute

Details

No. of Pages

192

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$679 Million

Forecasted Market Value (USD) by 2030

$2900 Million

Compound Annual Growth Rate

19.9%

Regions Covered

Global

A selection of companies mentioned in this report includes

  • 3D Systems, Inc.

  • Aerosint

  • Aspect, Inc.

  • Concept Laser GmbH

  • Dynamical Tools

  • EOS GmbH

  • Farsoon Technologies

  • formlabs, Inc.

  • Natural Robotics

  • Prodways Group

  • Red Rock SLS

  • Renishaw PLC

  • Ricoh Co., Ltd.

  • Sharebot S.r.l.

  • Sinterit Sp. z o.o.

  • Sintratec AG

  • XYZ Printing, Inc.

  • Z Rapid Tech

For more information about this report visit https://www.researchandmarkets.com/r/g1uo8v

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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