Global Additive Manufacturing Software Market Size study & Forecast, by Vertical Industry (Automotive, Aerospace, Medical, Construction, Other), by Deployment (Cloud based, On-Premises) and Regional Analysis, 2023-2030

Global Additive Manufacturing Software Market Size study & Forecast, by Vertical Industry (Automotive, Aerospace, Medical, Construction, Other), by Deployment (Cloud based, On-Premises) and Regional Analysis, 2023-2030

Global Additive Manufacturing Software Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2023-2030. Additive Manufacturing Software refers to a suite of software tools designed to support the entire additive manufacturing process, from design and simulation to print preparation, machine control, and post-processing. These software applications enable users to create complex 3D models, simulate and analyze part behavior, optimize print settings, control and monitor the printing process, and manage materials. They play a crucial role in maximizing the benefits of additive manufacturing, such as design flexibility, cost reduction, faster prototyping, and customization, while ensuring efficiency and quality throughout the workflow. Moreover, the rising 3D printing products and services market and the rising healthcare industry are anticipated to be the growth drivers of this market. Furthermore, rapidly growing industrialization and increasing adoption of advanced technology boast the growth in the market.

According to Statista in 2023, In the Health Care market, the projected revenue is set to reach an estimated value of USD 60.72 billion. the market is expected a robust annual growth rate of 10.95% during the period from 2023 to 2027. This positive growth trajectory is anticipated to drive the market volume to a projected value of USD 92.01 billion by 2027. The increasing demand for healthcare services, advancements in medical technology, and the growing focus on patient care and treatment options are some of the factors contributing in market expansion. According to Statista in 2022, the global market for 3D printing products and services reached a value of approximately USD 12.6 billion in 2020 and is projected to experience a compound annual growth rate of around 17 percent from 2020 to 2023. Aerospace companies have embraced additive manufacturing as early adopters in their industry. The aerospace companies are making investments in additive technology to realize benefits such as weight reduction, structural optimization, space utilization, and decreased part count and joining. Beyond its initial application in rapid prototyping, 3D-printed components are now being utilized in aircraft manufacturing for end-use purposes. However, high initial investment and data security & privacy concerns may hamper the growth of the market during the forecasted period of 2023-2030.

The key regions considered for the Global Additive Manufacturing Software Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominates the global additive manufacturing software market, driven by technological advancements, a strong industrial base, government support, research and development capabilities, early adoption, and key market players. With a mature market and a wide range of software solutions, North America leads in additive manufacturing technology. On the other hand, the Asia Pacific region is the fastest growing in the market, benefiting from its manufacturing prowess, emerging economies, government backing, strong market potential, investments in research and development, and technological advancements. With countries such as China, Japan, South Korea, and India at the forefront, the region's demand for additive manufacturing software is rapidly expanding, further fueled by innovation and large market size.

Major market player included in this report are:
Ansys, Inc.
AlphaSTAR Corporation
Autodesk Inc.
Comsol Multiphysics Private Limited
Dassault Systèmes SE
Flow Science Inc.
Materialise N.V.
Parametric Technology Corporation
Siemens AG
MSC Software Corporation

Recent Developments in the Market:
In February 2023, Hexagon's Manufacturing Intelligence division unveiled a new Design for Additive Manufacturing (DfAM) module alongside the launch of its Nexus Open Cloud platform. The Nexus platform aims to eliminate silos and foster faster innovation and time-to-market by enabling real-time collaboration and feedback between engineering and manufacturing through the connection of Hexagon and third-party ecosystem tools. One of the initial solutions within Nexus is the DfAM capability, which addresses the traditional isolation of processes by integrating multiple engineers and software applications. Hexagon aims to tackle the issues of connectivity, cost, time consumption, and data loss associated with disjointed workflows in additive manufacturing.

In February 2022, SLM Solutions introduced SLM.Quality, a newly launched software solution for quality assurance. This innovative software empowers customers to enhance their efficiency in evaluating build jobs, conducting process qualifications, and obtaining part certifications. Whether it's for individual parts or large-scale production, SLM.Quality offers valuable support to industrial clients, streamlining the qualification process and enhancing traceability by facilitating the documentation of essential process data.

Global Additive Manufacturing Software Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Vertical Industry, Deployment, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Vertical Industry:
Automotive
Aerospace
Medical
Construction
Other

By Deployment:
Cloud Based
On-Premises

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies
Ansys, Inc.
AlphaSTAR Corporation
Autodesk Inc.
Comsol Multiphysics Private Limited
Dassault Systèmes SE
Flow Science Inc.
Materialise N.V.
Parametric Technology Corporation
Siemens AG
MSC Software Corporation

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.