Rest of Europe 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, Digi

Rest of Europe 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

Rest of Europe Additive Manufacturing (AM) Market was valued at USD 0.89 billion in 2022, and is predicted to reach USD 5.18 billion by 2030, with a CAGR of 24.5% from 2023 to 2030.

Belgium's market is expanding since additive manufacturing technologies are increasingly being used for building and housing construction, owing to technical improvements and a high disposable income among the population. For instance, in July 2020, a 3D printed house was established by using the concrete 3D printer BOD2, developed by COBOD. The project is a model house to demonstrate the potential of additive manufacturing in the construction industry.

The rising implementation of additive layer manufacturing technology in the healthcare business, especially for the construction of models of components, drugs, and equipment, is driving market growth in Switzerland, acting as a driver for market expansion. For instance, in December 2021 Exit International, an international non-profit organization advocating the legalization of voluntary euthanasia and assisted suicide, developed Sarco Pod, a 3D-printed suicide capsule. The Sarco pod passed the legal review in Switzerland and it has been allowed to legally operate in the country.

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