Germany 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 Ligh

Germany 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

Germany Additive Manufacturing (AM) Market was valued at USD 2.01 billion in 2022, and is predicted to reach USD 8.84 billion by 2030, with a CAGR of 20.3% from 2023 to 2030.

The market growth can be attributed to the rising adoption of additive layer manufacturing devices across industries such as automotive, health, construction, defense, and others owing to the presence of 3D printing start-ups in Germany providing a wide range of 3D industrial printers. For instance, in December 2020, German start-up iFactory3D launched a 3D printing device which is a 4-in-1 3D printer for residential use and is characterized by an automatic working process.

The increasing application of additive manufacturing technologies in automotive and healthcare drives market development. For example, Eplus3D, a Chinese maker of industrial-grade 3D printers, will build its first European location in Germany in September 2022. The new office will be utilized to handle Eplus3D's European activities and to interact with clients and partners. The new office will house Eplus3D's European customer success, sales, and support teams, as well as the latest additive manufacturing solutions, benchmark printing, application development, consulting services, and training for customers in the aerospace, automotive, medical, machinery, and tooling industries.

However, the considerable upfront investment necessary for establishing additive manufacturing infrastructure, including 3D printers, materials, and software, poses a significant cost barrier. This obstacle becomes particularly challenging for small and medium-sized enterprises (SMEs) with limited financial resources, making it difficult for them to fully embrace additive manufacturing. Consequently, these cost constraints are expected to restrain the growth of the additive manufacturing market.

The additive manufacturing market has experienced substantial growth driven by continuous technological advancements. These advancements have encompassed various aspects, such as improved printer capabilities, enhanced materials, and more efficient post-processing techniques. As a result, the market has witnessed significant improvements in output quality, reduced production times, and expanded applications across diverse industries. The continuous evolution of additive manufacturing technology has created abundant opportunities for market expansion, attracting increased adoption and utilization.

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 Development

November 2021

Trumpf launched a new additive manufacturing machine called the TruPrint 3000. The TruPrint 3000 is a high-speed machine that is designed for the production of small and medium-sized parts.

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