Additive Manufacturing & Material Market – Analysis & Forecast, 2014 – 2020

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.
The report provides the profile of major companies in the additive manufacturing market. It also provides the competitive landscape of key players, which indicates their growth strategies in the additive manufacturing market. The report also covers the entire value chain for the market from a raw material supplier to an end user. The additive manufacturing market excluding materials is expected to reach $ 11,145.1 million by 2020, at a CAGR of 20.9 % from 2014 to 2020. The additive manufacturing material market is expected to reach $ 1,082.0 million by 2020, at a CAGR of 19.3 % from 2014 to 2020.
Major players in the global additive manufacturing market include 3D Systems, Inc. (US), Stratasys Ltd. (US), ExOne (US), Arcam AB (Sweden), EnvisionTEC (Germany), EOS (Germany), Materialise NV (Belgium), and MCor Technologies Ltd. (Ireland), among others. (Source: Laser Technik Journal 1 / 2015 )

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