North America Additive Manufacturing Market Size, Share & Industry Trends Analysis Report By Printer Type, By Technology, By Component, By Application, By Material, By Vertical By Country and Growth Forecast, 2022 – 2028
The North America Additive Manufacturing Market would witness market growth of 18.1% CAGR during the forecast period (2022-2028).
Complex interlocking moving parts in ready-made functioning assemblies can likewise be manufactured via additive manufacturing. While two components may be permanently linked, they are manufactured as a single unit and emerge from the machine complete and ready to use. For example, a tie-down clamp made of aluminum-filled polyamide material on an EOS laser sintering system is made up of four separate components that allow the clamp to function properly. The entire clamp, on the other hand, is made in a single operation without the requirement for assembly. If the clamp were made using standard manufacturing methods, it would necessitate a minimum of 12 components and an assembly procedure to connect all of the individual parts. This is a major benefit of the modern additive manufacturing technique.
Manufacturing a product like that with traditional manufacturing is extremely difficult. Some objects are too small or have an unusual angle to remove materials in the desired way with subtractive manufacture. This barrier is removed using additive manufacturing. This also means that designers can make an object lighter. This is especially essential in the aircraft and automotive sectors, where weight can have an impact on the end product's functionality.
The manufacturing industry of this region is one of the most significant manufacturing industries all over the world. According to figures from the United Nations Statistics Division (UNSD), the world created $10.2 trillion in industrial value-added in 2010. The United States produced over 18% of these commodities, making it the world's second-largest manufacturing nation. Many of the industry's goods and parts are created by cutting away sections of raw material to construct the required part. However, a relatively new process, known as additive manufacturing, is gaining traction, in which material is accumulated together rather than chopped away. In contrast to subtractive processes, which remove material, additive manufacturing involves layering materials to create products from three-dimensional (3D) models.
In addition, according to the government of Canada, the manufacturing and processing sectors account for 1.7% of the overall economy of the country and are major contributors to the Canadian economy. Therefore, the utilization of additive manufacturing practices is estimated to surge in the region. This factor would drive the growth of the regional market.
The US market dominated the North America Additive Manufacturing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $10,806.4 million by 2028. The Canada market is anticipated to grow at a CAGR of 20.8% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 19.7% during (2022 - 2028).
Based on Printer Type, the market is segmented into Industrial 3D Printer and Desktop 3D Printer. Based on Technology, the market is segmented into Stereolithography, Fuse Deposition Modeling, Selective Laser Sintering & Direct Metal Laser Sintering, Polyjet Printing & Inkjet Printing, Electron Beam Melting & Laser Metal Deposition, Digital Light Processing, and Laminated Object Manufacturing & Others. Based on Component, the market is segmented into Hardware, Software (Design, Printer, and Scanning & Inspection), and Services. Based on Application, the market is segmented into Prototyping and Tooling & Functional Parts. Based on Material, the market is segmented into Metal, and Polymer & Ceramic. Based on Vertical, the market is segmented into Automotive, Consumer Electronics, Aerospace & Defense, Educational Purpose, Healthcare & Dental, Fashion & Jewelry, Power & Energy, Food, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3D Systems Corporation, Autodesk, Inc., Canon, Inc., Materialise NV, EnvisionTec, Inc., General Electric (GE) Co., Voxeljet AG, Redwire Corporation, and Stratasys, Ltd.
Scope of the Study
Market Segments covered in the Report:
By Printer Type
- Industrial 3D Printer
- Desktop 3D Printer
- Stereolithography
- Fuse Deposition Modeling
- Selective Laser Sintering & Direct Metal Laser Sintering
- Polyjet Printing & Inkjet Printing
- Electron Beam Melting & Laser Metal Deposition
- Digital Light Processing
- Laminated Object Manufacturing & Others
- Hardware
- Software
- Design
- Printer
- Scanning & Inspection
- Services
- Prototyping
- Tooling & Functional Parts
- Metal
- Polymer & Ceramic
- Automotive
- Consumer Electronics
- Aerospace & Defense
- Educational Purpose
- Healthcare & Dental
- Fashion & Jewelry
- Power & Energy
- Food
- Others
- US
- Canada
- Mexico
- Rest of North America
- 3D Systems Corporation
- Autodesk, Inc.
- Canon, Inc.
- Materialise NV
- EnvisionTec, Inc.
- General Electric (GE) Co.
- Voxeljet AG
- Redwire Corporation
- Stratasys, Ltd.
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Additive Manufacturing Market, by Printer Type
- 1.4.2 North America Additive Manufacturing Market, by Technology
- 1.4.3 North America Additive Manufacturing Market, by Component
- 1.4.4 North America Additive Manufacturing Market, by Application
- 1.4.5 North America Additive Manufacturing Market, by Material
- 1.4.6 North America Additive Manufacturing Market, by Vertical
- 1.4.7 North America Additive Manufacturing Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.2.4 Geographical Expansion
- 3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
- 3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Jun – 2022, Mar) Leading Players
- Chapter 4. North America Additive Manufacturing Market by Printer Type
- 4.1 North America Industrial 3D Printer Market by Country
- 4.2 North America Desktop 3D Printer Market by Country
- Chapter 5. North America Additive Manufacturing Market by Technology
- 5.1 North America Stereolithography Market by Country
- 5.2 North America Fuse Deposition Modeling Market by Country
- 5.3 North America Selective Laser Sintering & Direct Metal Laser Sintering Market by Country
- 5.4 North America Polyjet Printing & Inkjet Printing Market by Country
- 5.5 North America Electron Beam Melting & Laser Metal Deposition Market by Country
- 5.6 North America Digital Light Processing Market by Country
- 5.7 North America Laminated Object Manufacturing & Others Market by Country
- Chapter 6. North America Additive Manufacturing Market by Component
- 6.1 North America Hardware Market by Country
- 6.2 North America Software Market by Country
- 6.3 North America Additive Manufacturing Market by Software Type
- 6.3.1 North America Design Market by Country
- 6.3.2 North America Printer Market by Country
- 6.3.3 North America Scanning & Inspection Market by Country
- 6.4 North America Services Market by Country
- Chapter 7. North America Additive Manufacturing Market by Application
- 7.1 North America Prototyping Market by Country
- 7.2 North America Tooling & Functional Parts Market by Country
- Chapter 8. North America Additive Manufacturing Market by Material
- 8.1 North America Metal Market by Country
- 8.2 North America Polymer & Ceramic Market by Country
- Chapter 9. North America Additive Manufacturing Market by Vertical
- 9.1 North America Automotive Market by Country
- 9.2 North America Consumer Electronics Market by Country
- 9.3 North America Aerospace & Defense Market by Country
- 9.4 North America Educational Purpose Market by Country
- 9.5 North America Healthcare & Dental Market by Country
- 9.6 North America Fashion & Jewelry Market by Country
- 9.7 North America Power & Energy Market by Country
- 9.8 North America Food Market by Country
- 9.9 North America Others Market by Country
- Chapter 10. North America Additive Manufacturing Market by Country
- 10.1 US Additive Manufacturing Market
- 10.1.1 US Additive Manufacturing Market by Printer Type
- 10.1.2 US Additive Manufacturing Market by Technology
- 10.1.3 US Additive Manufacturing Market by Component
- 10.1.3.1 US Additive Manufacturing Market by Software Type
- 10.1.4 US Additive Manufacturing Market by Application
- 10.1.5 US Additive Manufacturing Market by Material
- 10.1.6 US Additive Manufacturing Market by Vertical
- 10.2 Canada Additive Manufacturing Market
- 10.2.1 Canada Additive Manufacturing Market by Printer Type
- 10.2.2 Canada Additive Manufacturing Market by Technology
- 10.2.3 Canada Additive Manufacturing Market by Component
- 10.2.3.1 Canada Additive Manufacturing Market by Software Type
- 10.2.4 Canada Additive Manufacturing Market by Application
- 10.2.5 Canada Additive Manufacturing Market by Material
- 10.2.6 Canada Additive Manufacturing Market by Vertical
- 10.3 Mexico Additive Manufacturing Market
- 10.3.1 Mexico Additive Manufacturing Market by Printer Type
- 10.3.2 Mexico Additive Manufacturing Market by Technology
- 10.3.3 Mexico Additive Manufacturing Market by Component
- 10.3.3.1 Mexico Additive Manufacturing Market by Software Type
- 10.3.4 Mexico Additive Manufacturing Market by Application
- 10.3.5 Mexico Additive Manufacturing Market by Material
- 10.3.6 Mexico Additive Manufacturing Market by Vertical
- 10.4 Rest of North America Additive Manufacturing Market
- 10.4.1 Rest of North America Additive Manufacturing Market by Printer Type
- 10.4.2 Rest of North America Additive Manufacturing Market by Technology
- 10.4.3 Rest of North America Additive Manufacturing Market by Component
- 10.4.3.1 Rest of North America Additive Manufacturing Market by Software Type
- 10.4.4 Rest of North America Additive Manufacturing Market by Application
- 10.4.5 Rest of North America Additive Manufacturing Market by Material
- 10.4.6 Rest of North America Additive Manufacturing Market by Vertical
- Chapter 11. Company Profiles
- 11.1 3D Systems Corporation
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Segmental and Regional Analysis
- 11.1.4 Research & Development Expense
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Partnerships, Collaborations, and Agreements:
- 11.1.5.2 Product Launches and Product Expansions:
- 11.1.5.3 Geographical Expansions:
- 11.1.6 SWOT Analysis
- 11.2 Autodesk, Inc.
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Regional Analysis
- 11.2.4 Research & Development Expenses
- 11.2.5 Recent strategies and developments:
- 11.2.5.1 Partnerships, Collaborations, and Agreements:
- 11.2.5.2 Product Launches and Product Expansions:
- 11.2.6 SWOT Analysis
- 11.3 Canon, Inc.
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Segmental and Regional Analysis
- 11.3.4 Research & Development Expenses
- 11.3.5 Recent strategies and developments:
- 11.3.5.1 Product Launches and Product Expansions:
- 11.3.5.2 Geographical Expansions:
- 11.4 Materialise NV
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Segmental and Regional Analysis
- 11.4.4 Research & Development Expenses
- 11.4.5 Recent strategies and developments:
- 11.4.5.1 Partnerships, Collaborations, and Agreements:
- 11.4.5.2 Geographical Expansion:
- 11.4.5.3 Acquisition and Mergers:
- 11.5 EnvisionTec, Inc. (Desktop Metal, Inc.)
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Regional Analysis
- 11.5.4 Research & Development Expenses
- 11.5.5 Recent strategies and developments:
- 11.5.5.1 Partnerships, Collaborations, and Agreements:
- 11.5.5.2 Product Launches and Product Expansions:
- 11.6 General Electric (GE) Co. (GE Additive)
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Segmental and Regional Analysis
- 11.6.4 Research & Development Expense
- 11.6.5 Recent strategies and developments:
- 11.6.5.1 Partnerships, Collaborations, and Agreements:
- 11.6.5.2 Product Launches and Product Expansions:
- 11.7 Voxeljet AG
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Segmental and Regional Analysis
- 11.7.4 Research & Development Expenses
- 11.7.5 Recent strategies and developments:
- 11.7.5.1 Partnerships, Collaborations, and Agreements:
- 11.7.5.2 Product Launches and Product Expansions:
- 11.8 Redwire Corporation (Made In Space, Inc.)
- 11.8.1 Company Overview
- 11.8.2 Financial Analysis
- 11.8.3 Regional Analysis
- 11.8.4 Research & Development Expenses
- 11.9 Stratasys, Ltd.
- 11.9.1 Company Overview
- 11.9.2 Recent strategies and developments:
- 11.9.2.1 Partnerships, Collaborations, and Agreements:
- 11.9.2.2 Product Launches and Product Expansions:
- 11.9.2.3 Acquisition and Mergers:
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook