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Europe Additive Manufacturing Market Set to reach USD 7.18 billion by 2030
Europe Additive Manufacturing Market Set to reach USD 7.18 billion by 2030
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According to Next Move Strategy Consulting, The Europe Additive Manufacturing Market size is predicted to reach USD 7.18 billion at a CAGR of 18.6% till 2030.
Investments by manufacturers across Europe are driving the demand for additive manufacturing (AM) by integrating cutting-edge technologies into production processes. This investment trend, exemplified in Italy's Industrial 4.0 initiative, underscores a shift towards advanced manufacturing.
The high upfront cost of additive manufacturing equipment, materials, and training serves as a significant restraining factor to the Europe additive manufacturing market growth.
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