U.S. Hybrid Additive Manufacturing Market Size & Outlook
U.S. hybrid additive manufacturing market, 2018-2030 (US$M)
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U.S. hybrid additive manufacturing market highlights
- The U.S. hybrid additive manufacturing market generated a revenue of USD 60.6 million in 2022 and is expected to reach USD 264.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 20.2% 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 60.6 million |
| Market revenue in 2030 | USD 264.2 million |
| Growth rate | 20.2% (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, U.S. accounted for 31.7% 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 North America, U.S. hybrid additive manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 264.2 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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U.S. 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 23.27% in 2022. Horizon Databook has segmented the U.S. hybrid additive manufacturing market based on titanium, aluminium, steel, nickel covering the revenue growth of each sub-segment from 2018 to 2030.
In 2022, the U.S. holds the largest share of the overall North American hybrid additive manufacturing market on account of the widespread presence of numerous manufacturers and end users in the country.
Large-scale automobile plants, machinery & tool manufacturers, and the presence of well established electronics, defense, healthcare, energy, and aerospace industries are propelling the demand for hybrid additive manufacturing in the country.
The government of U.S. has recognized the potential of different new manufacturing techniques, including additive manufacturing, and invested in research & development in this area.
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Target buyers of U.S. hybrid additive manufacturing market databook
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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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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 U.S. hybrid additive manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into U.S. hybrid additive manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. hybrid additive manufacturing market size, by material, 2018-2030 (US$M)
U.S. Hybrid Additive Manufacturing Market Outlook Share, 2022 & 2030 (US$M)
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