Denmark 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
Denmark Additive Manufacturing (AM) Market was valued at USD 114.08 million in 2022, and is predicted to reach USD 592.53 million by 2030, with a CAGR of 22.8% from 2023 to 2030.
The Denmark's robust manufacturing industry, renowned for its focus on precision engineering and high-quality production, has actively embraced additive manufacturing technologies. By adopting these advanced manufacturing techniques, Danish manufacturers have optimized their production processes, achieved cost efficiencies, and unlocked new possibilities for product customization. This industry-wide willingness to embrace additive manufacturing has emerged as a key driver in propelling the growth of the market.
However, the substantial initial investment required for infrastructure, including 3D printers, materials, and software, acts as a significant cost barrier. SMEs with limited financial resources find it challenging to embrace additive manufacturing fully. Thus, it is expected to restrain the growth of the additive manufacturing market.
Continuous technological advancements have propelled significant growth in the additive manufacturing market. These advancements span multiple areas, including enhanced printer capabilities, improved materials, and more efficient post-processing techniques. As a result of these progressions, the market has witnessed the production of higher-quality outputs, faster production times, and expanded application possibilities across various industries. The continuous evolution of additive manufacturing technology has created ample opportunities for market expansion, attracting increased adoption and utilization.
Segment OverviewThe 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 PlayersThe 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 Development
April 2023
Danish Technological Institute acquired SLM Solution to co-develop new metal AM process parameters called SLM 280 2.0. The purpose of this acquisition is to collaboratively develop and refine a new set of metal AM process parameters known as SLM 280 2.0. Initially, DTI will focus on the development of process parameters for stainless steel 316L and copper alloy CuCr1Zr. However, the partnership has the potential to expand its scope to include machines like the NXG XII 600 .
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 MentionedKEY PLAYERS
Stratasys
Markforged Holding Corporation
Desktop Metal Inc.
Velo3d, Inc.
Formlabs Inc.
Protolabs.
Xometry Inc.
Shapeway Holdings Inc.
D Systems
General Electric