PUBLISHER: Lucintel | PRODUCT CODE: 1387201
PUBLISHER: Lucintel | PRODUCT CODE: 1387201
Hybrid Additive Manufacturing Machine Trends and Forecast
The future of the global hybrid additive manufacturing machine market looks promising with opportunities in the aerospace & defense, energy & power, electronics, medical, and automotive markets. The global hybrid additive manufacturing machine market is expected to reach an estimated $366 million by 2030 with a CAGR of 10.4% from 2024 to 2030. The major drivers for this market are increasing demand for customized and on-demand manufacturing, hybrid additive manufacturing machines can produce high-quality parts with complex geometries and tight tolerances, and improved productivity and efficiency.
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Hybrid Additive Manufacturing Machine by Segment
The study includes a forecast for the global hybrid additive manufacturing machine by type, end use, and region.
Hybrid Additive Manufacturing Machine Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Hybrid Additive Manufacturing Machine Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
Hybrid Additive Manufacturing Machine Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Hybrid Additive Manufacturing Machine Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hybrid additive manufacturing machine companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hybrid additive manufacturing machine companies profiled in this report include-
Hybrid Additive Manufacturing Machine Market Insights
Lucintel forecasts that metal forming will remain the largest segment over the forecast period because it is versatile and efficient way to produce metal parts.
North America will remain the largest region over the forecast period due to the existence of multiple significant companies and comparatively greater usage of hybrid production equipment in all vertical industries in this region.
Features of the Global Hybrid Additive Manufacturing Machine Market
Market Size Estimates: Hybrid additive manufacturing machine market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Hybrid additive manufacturing machine market size by type, end use, and region in terms of value ($M).
Regional Analysis: Hybrid additive manufacturing machine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, end use, and regions for the hybrid additive manufacturing machine market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hybrid additive manufacturing machine market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the hybrid additive manufacturing machine market size?
Answer: The global hybrid additive manufacturing machine market is expected to reach an estimated $366 million by 2030.
Q2. What is the growth forecast for hybrid additive manufacturing machine market?
Answer: The global hybrid additive manufacturing machine market is expected to grow with a CAGR of 10.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the hybrid additive manufacturing machine market?
Answer: The major drivers for this market are increasing demand for customized and on-demand manufacturing, hybrid additive manufacturing machines can produce high-quality parts with complex geometries and tight tolerances, and improved productivity and efficiency.
Q4. What are the major segments for hybrid additive manufacturing machine market?
Answer: The future of the global hybrid additive manufacturing machine market looks promising with opportunities in the aerospace & defense, energy & power, electronics, medical, and automotive markets.
Q5. Who are the key hybrid additive manufacturing machine market companies?
Answer: Some of the key hybrid additive manufacturing machine companies are as follows:
Q6. Which hybrid additive manufacturing machine market segment will be the largest in future?
Answer: Lucintel forecasts that metal forming will remain the largest segment over the forecast period because it is versatile and efficient way to produce metal parts.
Q7. In hybrid additive manufacturing machine market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the existence of multiple significant companies and comparatively greater usage of hybrid production equipment in all vertical industries in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.