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ADDITIVE MANUFACTURING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Additive Manufacturing Market, By Component (Hardware, Software, and Services), By Printer Type (Desktop 3D Printer and Industrial 3D Printer), By Technology (Fuse Deposition Modeling, Selective Laser Sintering, Direct Metal Laser Sintering, Polyjet Printing, and Inkjet Printing), By Software (Design Software, Inspection Software, Printer Software, and Scanning Software), By Application (Tooling and Prototyping), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Market Concentration and Competitive Landscape

Additive Manufacturing Market Concentration By Players

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Top Strategies Followed by Additive Manufacturing Market Players

  • Established Players – Investing in R&D: Established players in the additive manufacturing market focus heavily on research and development to drive innovation. Industry leaders like 3D Systems invest over 10% of annual revenues into R&D to develop new high-performance materials and productivity-enhancing technologies.
  • Mid-Sized Players – Cost-effectiveness: Mid-sized players compete on cost while forming valuable alliances. They leverage affordable production techniques to target price-conscious small businesses and individual inventors. Companies like Markforged offer desktop metal printers that can create functional parts at low costs. They collaborate with universities to expand material development and improve post-processing methods. Small players find niche markets not addressed by large corporations. Regbot focuses solely on robot end-effectors, developing specialized grippers for collaborative robots.
  • Small-scale Players - Small players in the additive manufacturing market play a vital role in driving innovation, particularly in niche applications and specialized technologies. They often focus on developing unique materials, custom solutions, and software to address specific industry needs. For instance, startups like Desktop Metal have gained prominence by offering cost-effective, user-friendly 3D printing solutions.

Emerging Startups in the Additive Manufacturing Market

Development of Innovative Technologies: Several startups are developing innovative technologies to transform the industry. Nanofabrica develops microscopic 3D printing using two-photon polymerization for applications in bioengineering and electronics. Nanofabrica's techniques enable printing features only a few microns in size. Momentum 3D applies AI to optimize print parameters for strength and quality, allowing mass customization at scale. Their adaptive algorithms could revolutionize mass production with AM. Sustainable startups address additive manufacturing's environmental impacts. Both FreAdd and Reflow 3D recycle plastic waste to manufacture filament for desktop 3D printers, diverting plastic from landfills. Their recycled filament reduces embodied carbon emissions compared to conventional plastics.

Key Players Insights
  • 3D Systems, Inc.
  • 3DCeram
  • Arcam AB
  • Autodesk, Inc.
  • Canon, Inc.
  • Dassault Systemes
  • EnvisionTec, Inc.
  • EOS (Electro Optical Systems) GmbH
  • ExOne
  • GE Additive
  • HP Inc.
  • madeinspace.us
  • Materialise NV

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