Market revenue in 2022 | USD 21.7 million |
Market revenue in 2030 | USD 120.9 million |
Growth rate | 24% (CAGR from 2022 to 2030) |
Largest segment | Titanium |
Fastest growing segment | Titanium |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 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 |
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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 23.04% in 2022. Horizon Databook has segmented the Germany hybrid additive manufacturing market based on titanium, aluminium, steel, nickel covering the revenue growth of each sub-segment from 2018 to 2030.
Aerospace, medical, automotive, tooling, and energy are the major industries using hybrid additive manufacturing techniques. Additive manufacturing is increasingly being used to produce highly customized parts that were previously difficult or impossible to produce with traditional manufacturing methods.
Metal additive manufacturing is becoming increasingly popular in the automotive industry due to its ability to produce parts with high strength-to-weight ratios. This technology is being used to produce lightweight components for both conventional and electric vehicles.
Companies have been focusing on developing new technologies and software to upgrade various additive manufacturing processes. For example, in April 2023, EOS introduced its Smart Fusion software technology for laser powder bed fusion (LPBF) metal 3D printing.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany hybrid additive manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Germany hybrid additive manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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