Europe Hybrid Additive Manufacturing Market Size & Outlook
Europe hybrid additive manufacturing market, 2018-2030 (US$M)
Related Markets
Europe hybrid additive manufacturing market highlights
- The Europe hybrid additive manufacturing market generated a revenue of USD 56.9 million in 2022.
- The market is expected to grow at a CAGR of 22.5% from 2023 to 2030.
- In terms of segment, titanium was the largest revenue generating material in 2022.
- Titanium is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 56.9 million |
| Market revenue in 2030 | USD 288.1 million |
| Growth rate | 22.5% (CAGR from 2022 to 2030) |
| Largest segment | Titanium |
| Fastest growing segment | Titanium |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Titanium, Aluminium, Steel, Nickel |
| Key market players worldwide | Materialise NV ADR, Portland General Electric Co, Renishaw PLC, 3D Systems Corp, Dowlais Group PLC, Sandvik AB, Voxeljet AG ADR, ExOne, Hoganas |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.7% of the global hybrid additive manufacturing market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 232.0 million by 2030.
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Hybrid Additive Manufacturing Market Scope
Hybrid Additive Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe hybrid additive manufacturing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hybrid additive manufacturing market will help companies and investors design strategic landscapes.
Titanium was the largest segment with a revenue share of 23.02% in 2022. Horizon Databook has segmented the Europe hybrid additive manufacturing market based on titanium, aluminium, steel, nickel covering the revenue growth of each sub-segment from 2018 to 2030.
The hybrid additive manufacturing market is expanding owing to the increasing application of this technology in different end-use industries, mainly aerospace and automotive manufacturing. Some of the leading hybrid additive manufacturing solution.
Government agencies in the European region are supporting the development of new manufacturing methods. For instance, Large Additive Subtractive Integrated Modular Machine , a project funded by the European Commission, aims to develop a new hybrid manufacturing system
that combines both additive and subtractive manufacturing processes, with the goal of creating a more flexible and efficient manufacturing system. LASIMM aims to create a modular machine that can be easily customized for a wide range of manufacturing applications.
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Our clientele includes a mix of hybrid additive manufacturing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe hybrid additive manufacturing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe hybrid additive manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe hybrid additive manufacturing market size, by country, 2018-2030 (US$M)
Europe Hybrid Additive Manufacturing Market Outlook Share, 2022 & 2030 (US$M)
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