U.S. Additive Manufacturing (AM) Market by Technology (Stereolithography, Fused Deposition Modeling, Selective Laser Sintering, Direct Metal Laser Sintering, Polyjet Printing, Inkjet Printing, Electron Beam Melting, Laser Metal Deposition, Digital Light P

U.S. Additive Manufacturing (AM) Market by Technology (Stereolithography, Fused 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, and Others) by Printer Type (Desktop 3D Printer and Industrial 3D Printer) by Material (Polymer, Metal, and Ceramic) by Application (Prototyping, Tooling, and Functional Parts) by Component (Hardware, Software, and Services) and by End-User (Industrial Additive Manufacturing and Desktop Additive Manufacturing) – Opportunity Analysis and Industry Forecast 2023–2030

Additive Manufacturing (AM) Market was valued at USD 5.64 billion in 2022, and is predicted to reach USD 22.26 billion by 2030, with a CAGR of 18.7% from 2023 to 2030.

The expansion of the additive manufacturing market in United States is credited to the involvement of prominent automotive manufacturing companies like Tesla, Volkswagen, and General Motors. These companies leverage 3D printing or additive manufacturing technologies to present innovative vehicle designs and concepts. In the car production process, prototyping holds significant importance, and the utilization of 3D printing enables rapid prototyping during the pre-manufacturing stage. Additive manufacturing facilitates the validation and testing of large, intricate parts, making it the preferred method for prototype validation.

Also, the growth of the additive manufacturing market is propelled by the significant presence of numerous pharmaceutical companies. This presence enables them to utilize 3D printing technology for the production of innovative surgical cutting and drill guides, prosthetics, as well as patient-specific replicas of bones, organs, and blood arteries. The involvement of pharmaceutical companies in these applications serves as a driving force behind the expansion and advancement of the additive manufacturing market.

However, the initial investment required for setting up additive manufacturing infrastructure, including 3D printers, materials, and software, can be substantial. This cost barrier can restrain the adoption of additive manufacturing, particularly for small and medium-sized enterprises (SMEs) with limited financial resources.

The additive manufacturing market has experienced significant growth, due to continuous advancements in technology. These advancements encompass various aspects, including improved printer capabilities, enhanced materials, and more efficient post-processing techniques. Such progress has brought about higher-quality outputs, accelerated production times, and expanded possibilities for application across industries. Consequently, these advancements have generated abundant opportunities for the additive manufacturing market, attracting increased adoption.

Segment Overview
The global additive manufacturing industry is segmented on the basis of technology, printer type, application, component, and end-user.

By technology, the market is classified into stereolithography, fused 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, and others.

By printer type, the market is categorized into desktop 3d printer and industrial 3d printer) by material (polymer, metal, and ceramic

By application, the market is segmented into prototyping, tooling, and functional parts management, harvest management, soil management, inventory management, and others.

By component, the market is categorized into hardware, software, and services

By end user, the market is segmented into industrial additive manufacturing and desktop additive manufacturing

Key Market Players
The key players in the global additive manufacturing market research include companies such as:
• Stratasys
• Markforged Holding Corporation
• Desktop Metal Inc.
• Velo3d, Inc.
• Formlabs Inc.
• Protolabs.
• Xometry Inc.
• Shapeway Holdings Inc.
• D Systems
• General Electric

Recent Developments

June 2022,

Defiant3D, a manufacturer of Additive Manufacturing machines located in Aberdeenshire, Scotland, has introduced its inaugural metal AM machine, known as the Defiant200. Utilizing an innovative Cold Deposit and Sinter technology, this newly launched machine is positioned in the market as a cost-effective gateway to metal Additive Manufacturing.



Key Benefits
• The additive manufacturing market report provides a quantitative analysis of the current market and estimations from 2023 to 2030. This analysis assists in identifying the prevailing market opportunities.
• The study comprises a comprehensive analysis of the market trends, including current and future trends for depicting prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
• The competitive analysis of the market players along with their market share in the additive manufacturing market is provided in the report.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• The value chain analysis in the market study provides a clear picture of the role of stakeholders.

Companies Mentioned
KEY PLAYERS
Stratasys
Markforged Holding Corporation
Desktop Metal Inc.
Velo3d, Inc.
Formlabs Inc.
Protolabs.
Xometry Inc.
Shapeway Holdings Inc.
D Systems
General Electric