Spain Hybrid Additive Manufacturing Market Size & Outlook
Spain hybrid additive manufacturing market, 2018-2030 (US$M)
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Spain hybrid additive manufacturing market highlights
- The Spain hybrid additive manufacturing market generated a revenue of USD 6.0 million in 2022 and is expected to reach USD 32.2 million by 2030.
- The Spain 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 6.0 million |
| Market revenue in 2030 | USD 32.2 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, Spain accounted for 3.2% 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 Europe, Germany hybrid additive manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 120.9 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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Spain 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 21.67% in 2022. Horizon Databook has segmented the Spain hybrid additive manufacturing market based on titanium, aluminium, steel, nickel covering the revenue growth of each sub-segment from 2018 to 2030.
Aerospace and automobile are the major industries using hybrid additive manufacturing in Spain. These industries are well-established and highly developed in the country. The aerospace and defense industry accounts for 9.3% of the Spanish Industrial Production Index.
According to Invest in Spain, with an average annual investment of approximately 4 billion euro in plant expansion and modernization, the automotive sector is among the top investors in research, development, and innovation within the Spanish economy.
Additive manufacturing is being increasingly used in the industrial sector in Spain, particularly in the aerospace and automotive industries, where it is being used for prototyping and production of parts. Additive manufacturing is being used in Spain's healthcare sector for the production of prosthetics, implants.
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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 Spain hybrid additive manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Spain hybrid additive manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain hybrid additive manufacturing market size, by material, 2018-2030 (US$M)
Spain Hybrid Additive Manufacturing Market Outlook Share, 2022 & 2030 (US$M)
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