Japan Hybrid Additive Manufacturing Market Size & Outlook
Japan hybrid additive manufacturing market, 2018-2030 (US$M)
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Japan hybrid additive manufacturing market highlights
- The Japan hybrid additive manufacturing market generated a revenue of USD 9.9 million in 2022 and is expected to reach USD 53.1 million by 2030.
- The Japan market is expected to grow at a CAGR of 23.3% 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.
Hybrid additive manufacturing market data book summary
| Market revenue in 2022 | USD 9.9 million |
| Market revenue in 2030 | USD 53.1 million |
| Growth rate | 23.3% (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 |
Other key industry trends
- In terms of revenue, Japan accounted for 5.2% of the global hybrid additive manufacturing market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China hybrid additive manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 136.0 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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Japan 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 23.23% in 2022. Horizon Databook has segmented the Japan hybrid additive manufacturing market based on titanium, aluminium, steel, nickel covering the revenue growth of each sub-segment from 2018 to 2030.
Aerospace industry in Japan is one of the major users of hybrid additive manufacturing technology. Hybrid additive manufacturing is being used to produce complex components for aircraft engines, landing gear, and other critical parts.
MITSUBISHI HEAVY INDUSTRIES, LTD., Kawasaki Heavy Industries, and SUBARU CORPORATION are some of the leading aerospace companies in Japan that are using additive manufacturing technology.
Automotive industry in Japan is adopting hybrid additive manufacturing to produce lightweight and high-strength components for electric vehicles, hybrid vehicles, and autonomous driving systems. Many Japanese companies are partnering with universities and research institutions to develop new metal.
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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 country-level data and insights on the Japan hybrid additive manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Japan hybrid additive manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan hybrid additive manufacturing market size, by material, 2018-2030 (US$M)
Japan Hybrid Additive Manufacturing Market Outlook Share, 2022 & 2030 (US$M)
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