Middle East 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

Middle East 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

Middle East Additive Manufacturing (AM) Market was valued at USD 3.80 billion in 2022, and is predicted to reach USD 22.40 billion by 2030, with a CAGR of 24.8% from 2023 to 2030.

The Middle East region is poised for growth in its industrial manufacturing sector, driven by the establishment of multiple 3D printing manufacturing units and the emergence of startups leveraging 3D printing technology. These developments are expected to provide a significant boost to the region's industrial manufacturing capabilities and contribute to its overall growth. For instance, in August 2021, Pantheon Development, a Dubai-based real estate developer announced that it is planning to weigh up an entire eleven-storey building with 3D printing. The company further plans to drive Dubai’s wider goal of 3D printing 25% of its buildings by 2030, and also initiate the construction of the first skyscraper of its kind in the world.

However, the adoption of additive manufacturing technologies, which include printers, materials, and post-processing equipment, is hindered by their relatively high costs compared to traditional manufacturing methods. This cost factor poses a challenge to the accessibility and adoption of additive manufacturing, especially for small and medium-sized businesses. Consequently, it is anticipated to restrain the overall growth of the market.

Continuous advancements in additive manufacturing technologies, including improved printer capabilities, enhanced materials, and more efficient post-processing techniques, have fueled the growth of the market. These advancements enable higher quality, faster production, and expanded application possibilities, attracting more industries to adopt additive manufacturing. Thus, it is expected to create ample opportunities for the market.

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

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