Russia 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

Russia 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

Russia Additive Manufacturing (AM) Market was valued at USD 157.84 million in 2022, and is predicted to reach USD 790.83 million by 2030, with a CAGR of 22.3% from 2023 to 2030.

The growing R&D and innovation techniques by various key market players as demand for 3D printing is expected to increase in the future with the expansion of its application across industries such as aerospace and manufacturing, further propels the growth of the additive manufacturing market. For instance, in January 2021, Rusatom Additive Technologies (RusAT), a division of the Russian nuclear technology state business Rosatom established its first Additive Technologies Center (ATC) in Moscow. The unique Russian facility will use indigenous machinery and concentrate on testing additive manufacturing technologies and will showcase their potential for industrial businesses. The RusMelt 300M, RusMelt 600M, and RusMelt 600 RM for printing metal powder are SLM 3D printing systems from Rosatom installed in the facility.

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

Recent Developments

January 2021,

ROSATOM launched its first Additive Technologies Center in Russia. With this, RusAT engineers will be able to check the adopted design and technological solutions immediately after equipment launch and promptly make adjustments to its design.

Thus, it’s a combination of shop floors for Additive Manufacturing (AM) machine assembling, manufacturing and post-processing, as well as the laboratory for product research and sample testing

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