Rest of World Additive Manufacturing (AM) Market is Predicted to Reach USD 4 Billion with a CAGR of 22% by 2030

Rest of World Additive Manufacturing (AM) Market is Predicted to Reach USD 4 Billion with a CAGR of 22% by 2030

Additive manufacturing, commonly known as 3D printing, is a manufacturing technique that involves the incremental construction of objects by layering different materials. Rest of World Additive Manufacturing (AM) Market is predicted to reach USD 4 billion with a CAGR of 22% by 2030, according to industry analysts at Next Move Strategy Consulting.

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Key Highlights:

Market Growth in Emerging Economies: The additive manufacturing (AM) market in the "Rest of World" (RoW) region, which includes countries outside of the major global players like the U.S., Europe, and China, is experiencing significant growth. Emerging economies in Africa, Latin America, the Middle East, and parts of Asia are increasingly adopting AM technologies in industries such as automotive, aerospace, healthcare, and consumer goods.

Industry Diversification: AM is being applied across a wide range of industries in the RoW region. Key sectors driving growth include automotive (for prototyping and parts manufacturing), healthcare (for medical devices and prosthetics), and consumer goods (for customized products). This diversification is broadening the scope of AM applications and attracting new investments.

Government Support and Initiatives: Governments in many RoW countries are recognizing the potential of additive manufacturing to boost industrial competitiveness and innovation. As a result, there are increasing investments and public policies aimed at developing the AM industry, including R&D funding, tax incentives, and industry collaborations to foster growth and integration into local economies.

Material Advancements: In the RoW market, there is an increasing emphasis on developing new materials for additive manufacturing, such as bio-based materials, metal alloys, and composite materials. These innovations are enhancing the capabilities of 3D printing and making AM more viable for high-performance applications in industries like aerospace, defense, and automotive.

Cost Reduction and Accessibility: The cost of 3D printing equipment and materials is steadily decreasing, making it more accessible to small and medium-sized enterprises (SMEs) in emerging markets. Lower costs and the availability of entry-level 3D printers are enabling businesses in RoW regions to adopt AM technologies and compete in the global market.

Market Players:

The additive manufacturing industry includes several market players such as Stratasys, Markforged Holding Corporation, Desktop Metal Inc., Velo3d, Inc., Formlabs Inc., Protolabs., Xometry Inc., Shapeway Holdings Inc., D Systems, General Electric.

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Market Key Segments:

By Technology

  • Stereolithography
  • Fused Deposition Modeling
  • Selective Laser Sintering
  • Direct Metal Laser Sintering
  • Polyjet Printing
  • Inkjet Printing
  • Electron Beam Melting
  • Laser Metal Deposition

By Material

  • Polymer
  • Metal
  • Ceramic

By Application

  • Prototyping
  • Tooling
  • Functional Parts

𝗖𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻:

The Rest of World additive manufacturing market is growing rapidly, driven by emerging industry applications, government support, and increasing accessibility to AM technologies. While challenges like infrastructure and skill gaps remain, the region’s diversification across sectors such as healthcare, automotive, and consumer goods presents significant opportunities for growth. With advancements in materials, cost reductions, and continued investments in R&D, the RoW AM market is poised to become a key player in the global 3D printing industry.

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Next Move Strategy Consulting is a premier market research and management consulting firm that has been committed to provide strategically analysed well documented latest research reports to its clients. The research industry is flooded with many firms to choose from, what makes Next Move different from the rest is its top-quality research and the obsession of turning data into knowledge by dissecting every bit of it and providing fact-based research recommendation that is supported by information collected from over 500 million websites, paid databases, industry journals and one on one consultations with industry experts across a diverse range of industry sectors. The high-quality customized research reports with actionable insights and excellent end-to-end customer service help our clients to take critical business decisions that enables them to move beyond time and have competitive edge in the industry.

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