UK 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 Pro

UK 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

UK Additive Manufacturing (AM) Market was valued at USD 0.69 billion in 2022, and is predicted to reach USD 2.56 billion by 2030, with a CAGR of 18.0% from 2023 to 2030.

The defense industry has experienced notable growth in the adoption of additive manufacturing technology, driven by the growing attention and backing from governments worldwide. Governments across the globe have acknowledged the potential of 3D printing applications in military contexts and have launched diverse initiatives to foster the development and integration of this technology within the defense sector.

For instance, in October 2022, the UK’s Ministry of Defence (MOD) announced the launch of project TAMPA, a seven-year-long program to increase the amount of 3D printed parts purchased by the UK military

However, the significant initial investment required to set up additive manufacturing infrastructure, which includes acquiring 3D printers, materials, and software, presents a substantial cost barrier. This obstacle is particularly challenging for small and medium-sized enterprises (SMEs) with limited financial resources, hindering their ability to fully adopt additive manufacturing technologies. As a result, these cost constraints are anticipated to limit the growth of the additive manufacturing market

Additive manufacturing market growth has been propelled by persistent technological advancements. These advancements have spanned multiple areas, including enhanced printer capabilities, improved materials, and more effective post-processing techniques. Consequently, the market has experienced noteworthy enhancements in output quality, shortened production cycles, and broader applications across a wide range of industries. The continuous evolution of additive manufacturing technology has generated ample opportunities for market expansion, leading to greater 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

July 2021

AME Group launched a new 3D printing service bureau, that will focus on providing 3D printing manufacturing and prototyping services to the UK businesses, and will also expand into low-volume production and direct manufacturing with dropshipping services.

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