The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising demand for 3D printing is likely to fuel additive manufacturing innovation, propelling the market throughout the forecast period.

The global additive manufacturing market is expected to grow from $13.16 billion in 2022 to $16.06 billion in 2023 at a compound annual growth rate (CAGR) of 22.0%. The global additive manufacturing market size is expected to reach $34.22 billion in 2027 at a CAGR of 20.8%.

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Global Additive Manufacturing Market Segments Include:

• By Technology: Stereolithography, Polyjet Printing, Binder Jetting Printing, Laser Sintering, Electron Beam Melting, Fused Deposition Modeling, Laminated Object Manufacturing, Thermal Dimensional Printing, Other Technologies
• By Material Type: Plastics, Metals, Ceramics, Other Materials
• By Application: Aerospace, Automotive, Consumer Products, Healthcare, Government And Defence, Industrial Or Business Machines, Education And Research, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global additive manufacturing market in 2021.

Major Market Players in the additive manufacturing market include 3D Systems Inc., Envisiontec GmbH, Stratasys Ltd., Materialise NV, Arcam AB, The ExOne Company, EOS GmbH, SLM Solutions Group AG, General Electric Inc., CleanGreen 3D.

Technological innovation is a major trend that is gaining traction in the additive manufacturing business. Companies in the additive manufacturing sector are introducing new technologies to expand their market presence. For example, Stratasys, Ltd., an Israeli 3D printer manufacturer, will deploy powder bed fusion technology in March 2021. Powder bed fusion is an additive manufacturing technique that creates objects by adding material rather than removing it during typical forming procedures such as milling.

The Additive Manufacturing Global Market Report 2023  provides a additive manufacturing market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The additive manufacturing market forecast analyzes additive manufacturing market size, additive manufacturing market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The method of combining materials to make three-dimensional products using three-dimensional (3D) model data is known as additive manufacturing. In additive manufacturing, layers are added one after the other until the product is complete. The majority of the time, additive manufacturing uses only the materials needed for the component, resulting in far less production waste.

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