The Additive Manufacturing Market Worth $11,145.1 Million & Additive Manufacturing Material Market Worth $1,082.0 Million Respectively By 2020
The report "Additive Manufacturing Material Market by Technology, by Material (Plastics, Metals, and Ceramics), by Application, and by Geography - Analysis & Forecast to 2014 - 2020" , the global additive manufacturing market excluding materials is estimated to grow at a CAGR of 20.9% from 2014 to 2020, which includes an in-depth analysis of the market by technology, application, and geography. The global additive manufacturing material market is estimated to grow at a CAGR of 19.3% from 2014 to 2020. Browse 133 market data tables and 97 figures spread through 270 pages and indepth TOC on “Additive Manufacturing Material Market - Analysis & Forecast to 2014 - 2020� http://www.marketsandmarkets.com/Market-Reports/additive-manufacturingmaterial-market-167268760.html Early buyers will receive 10% customization on reports. The global additive manufacturing market is expected to grow at a high CAGR; it has applications across sectors such as aerospace, automotive, consumer products, government and defense, healthcare, industrial/business machines, and education and research. Additive manufacturing makes it possible to manufacture a product of virtually any design complexity. Hence, it is very useful for producing highly customized products with high accuracy, such as a jaw implant for a patient or a critical aircraft component. It also minimizes the overall wastage of materials. This report describes market trends, drivers, and challenges with respect to the global additive manufacturing market, and forecasts the market size from 2014 to 2020, on the basis of technologies, materials, applications, and geography. This global report gives a detailed view of the market across regions, namely–the Americas, Europe, Asia-Pacific, and RoW. The Americas dominates the market in terms of revenue generation; however, Europe has been growing at the highest CAGR in additive manufacturing market, while APAC is growing at the highest CAGR in the additive manufacturing materials market. Initiatives taken by governments of countries in the Americas to develop this technology are a major reason for its growth in the region.
The competitive landscape of the market presents a very interesting picture. The market is witnessing new product launches and large scale collaborations, and agreements and partnerships across the value chain, with only a handful of tier-one players around the globe. Inquiry of Report @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=167268760 Major players in the global additive manufacturingmarketinclude 3D Systems, Inc. (U.S.), Stratasys Ltd. (U.S.), ExOne (U.S.), Arcam AB (Sweden), EnvisionTEC (Germany), EOS (Germany), Materialise NV (Belgium), and MCor Technologies Ltd (Ireland). The term additive manufacturing is defined as the process of making objects from 3D model data by using additive materials; it represents all additive processes, technologies, systems, and applications. The term additive manufacturing is also referred to as 3D printing. The global additive manufacturing market comprises 3D printers, printing materials, and service providers. The overall applications market comprises both rapid prototyping and rapid manufacturing. The major market for additive manufacturing is in the Americas; however, Europe and Asia-Pacific are expected to grow at a high CAGR. The application market for additive manufacturing can be divided into the aerospace industry, the automotive industry, consumer products, healthcare, government and defense, industrial/business machines, education & research, and others (arts, architecture, and forensics). The additive manufacturing application in healthcare is expected to grow at the highest CAGR in the forecast period. Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=167268760 Additive manufacturing has several advantages such a slower 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. This is very conducive in the manufacturing of low volume customized products of high value. This report describes market trends, drivers, and challenges for the additive manufacturing market and forecasts the market from 2014 to 2020 on the basis of technology, material, application, and geography. The market by geography is segmented into the Americas, Europe, APAC, and RoW (Rest of the World).
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