Sweden 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

Sweden 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

Sweden Additive Manufacturing (AM) Market was valued at USD 115.47 million in 2022, and is predicted to reach USD 649.19 million by 2030, with a CAGR of 24.0% from 2023 to 2030.

The rising adoption of 3D printing technologies in the food and beverage industry to create a pre-design of food products drives the market growth. For instance, in June 2022, Digital Patisserie announced the launch of its new pastry by using 3D printer technology called the Patiss3. The pastry was designed by 3D printing technology developed at MIT; the extrusion-based system was aimed at pastry chefs, restaurants, and industrial biscuit factories, enabling users to fabricate edible freeform shapes at high speeds.

Also, the surging use of additive manufacturing in the construction industry to create 3D-printed houses as it provides faster construction and low labor cost drives the growth of the additive manufacturing market in the region. For instance, in August 2021, ConcretePrint (KonkretPrint AB) unveiled the first 3D-printed home with financial support from the Swedish Energy Agency. The walls of the house were made by 3D printing using ConcretePrint’s robotic 3D printing technology, which in turn increases the demand for 3D printing technologies in the country.

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 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

November 2022

Hexagon, a leading technology provider, has entered into a strategic partnership with Research Institutes of Sweden (RISE), a renowned national R&D center. This collaboration aims to facilitate the advancement of additive manufacturing (AM) technologies and promote the adoption of sustainable and innovative processes in European industry. As part of the partnership, Hexagon will provide cutting-edge software solutions to support a Swedish initiative focused on accelerating the utilization of AM technologies.

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