Global Additive Manufacturing & Material Market 2021-2027
Global Additive Manufacturing & Material Market Size, Share & Trends Analysis Report by Material Type (Plastic, Metal, Ceramics, Others) by End-User (Aerospace &Defense, Healthcare, Automotive, Education & Research, Others) Forecast period (2021-2027)
The additive manufacturing & material market is anticipated to showcase significant CAGR of 27.5% during the forecast period. The rapid advancements in material composition such as the growing use of advanced polymers and metals is a key factor promoting the use of additive manufacturing as a prototyping tool to make the functional part of fabrication. The additive manufacturing technology requires skilled workforce, the absence of skilled workforce may restrain the growth of the global market.
The Additive Manufacturing & Material market is segmented on the basis ofmaterial type and end-user. Based on the material type, the additive manufacturing & material market is segmented into plastic, metal, ceramic, and others. Plastic is anticipated to hold considerable share in the global additive manufacturing & material market based on material type. The wide scale usage of thermoplastic to manufacture a wide range of products used in different industries. Based on end-user, the market is segmented into aerospace & defense, healthcare, automotive, education & research, and others.
Geographically market is segmented into North America, Europe, Asia Pacific and Rest of the World. North America is anticipated to hold the considerable market share in the additive manufacturing & material market due to high investment in the additive manufacturing technology. Asia-Pacific is the fastest-growing region in additive manufacturing & material market. The growing automotive industry in India & China is anticipated to be a key factor contributing towards the growth of the additive manufacturing & material market in the region.
3D Systems Corp., Proto Labs, Inc., Arcam AB (General Electric, Co.), Stratasys, Ltd., and Royal DSM N.V. among others are the major players operating in the global additive manufacturing & material market. These key market players are actively adopting strategic growth activities including mergers and acquisitions, partnerships and collaboration among others to increase their market share. The new product launches are the core strength of these key market players to remain competitive in the market.
The market study of the global additive manufacturing & material market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include
Financial reports of companies involved in the market.
Whitepapers, research-papers, and news blogs.
Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Global Additive Manufacturing &Material Market Research And Analysis By Material Type
Global Additive Manufacturing &Material Market Research And Analysis By End-User
The Report Covers
Comprehensive research methodology of the global additive manufacturing & material market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global additive manufacturing & material market.
Insights about market determinants which are stimulating the global additive manufacturing & material market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
A profiles and recent developments of market players.