Global Market for Hybrid Additive Manufacturing Machines
Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Hybrid Additive Manufacturing Machines: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The latest market intelligence report reveals substantial growth within the global Hybrid Additive Manufacturing Machines sector, with projections indicating a market surge to US$9.2 Billion by 2030. This expansion reflects a strong compound annual growth rate (CAGR) of 18.3% from 2022 to 2030, underscoring the increasing reliance on these advanced manufacturing technologies across various industries.
In-depth analysis suggests the Repair segment will experience significant advancement, with expectations to reach US$2.5 Billion by the close of the decade, advancing at a CAGR of 16.7%. Market recovery in the post-pandemic era further supports a heightened growth rate of 20.2% CAGR in the Production segment, reflecting a rapid adaptation and recovery across manufacturing sectors.
Regionally, the United States is at the forefront of the market, estimated at US$740.6 Million in 2022. Meanwhile, China heralds a noteworthy CAGR of 17.9%, anticipated to reach a market size of US$1.6 Billion by 2030 as the nation progressively reopens following the COVID-19 pandemic. Additional geographic areas demonstrating strong market presence include Japan and Canada, with forecasted CAGRs of 16.4% and 15.4%, respectively, over the designated period. Germany also shows promising growth within Europe, with an expected CAGR of approximately 12.6%.
Notable Market Influencers:
- Continued recovery from the COVID-19 pandemic and its impact on supply chains
- Global trade relations and prevailing economic conditions
- Technological advancements across the Hybrid Additive Manufacturing space
- Adaptive market strategies amidst geopolitical tensions
The report further ensures a holistic view of the market through its robust online interactive peer-to-peer collaborative updates and access to digital archives. Clients can anticipate comprehensive coverage of the Hybrid Additive Manufacturing Machines market changes with complimentary updates accompanying the report for one year.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 202 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $2.4 Billion |
| Forecasted Market Value (USD) by 2030 | $9.2 Billion |
| Compound Annual Growth Rate | 18.3% |
| Regions Covered | Global |
A selection of companies mentioned in this report includes
- 3D Systems, Inc.
- DMG MORI
- General Electric
- Maschinenfabrik Berthold Hermle AG
- Matsuura Machinery Corporation
- Mazak Corporation
- Optomec, Inc.
- Renishaw plc
- Siemens Industry Software Inc.
- SLM Solutions Group AG
- Stratasys Ltd
- Voxeljet
For more information about this report visit https://www.researchandmarkets.com/r/btzxur
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
CONTACT:
CONTACT: ResearchAndMarkets.com
Laura Wood,Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
