August 12th, 2021
Global Hybrid Additive Manufacturing Machines Market
The GMI Research forecasts that the Hybrid Additive Manufacturing Machines Market is witnessing an upsurge in demand over the forecast period. This is mainly due to its support in removing the demand for costly and space-consuming inventory.
Introduction of the Hybrid Additive Manufacturing Machines Market:
Hybrid additive manufacturing refers to the method makes objects using strength, including 3D objects. It is a mixture of subtractive and additive manufacturing. These systems enable users to assemble and finish the part in a single setup by minimizing errors as it does not have to leave one machine to be reset on a second machine.
Key Players of the Global Hybrid Additive Manufacturing Machines Market:
· 3D Systems, Inc.
· Mazak Corporation
· ExOne GmbH
· CleanGreen3D Ltd.
· Materialise NV
· ENVISIONTEC, INC.
· Melrose Industries PLC
· Arcam AB
· Optomec, Inc.
· voxeljet AG
Hybrid Additive Manufacturing Machines Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
The aggravating developments in the technology is the prominent driver stimulating the growth in the global hybrid additive-manufacturing machines market to offer extensive alternatives to producers, designers, and manufacturers. For example, Direct Energy Deposition (DED) is a supplementary production method for hybrid solutions. This technology is regarded as a perfect option to repair prime components and produce large metal parts owing to its ability to generate complex shapes. In addition, their augmenting adoption across several industries, which include automotive and aerospace industries for its implementation in the production of highly complex parts proliferates the market growth. Their application in the medical industry for patient-specific dental implants and prosthetics is an economical solution and is strengthening the hybrid additive-manufacturing machines market size. Moreover, the low production cost, intensifying remittance by government, increasing innovations in materials and technologies, and lesser amount of obstacles in design are other factors supplementing the market growth. Optomec, Inc., in 2017, consolidated with Tongtai Machine & Tool Company, the largest machine tool supplier in Taiwan, to affiliate the Optomec LENS Print Engine and enhance metal printing capability to its AMH-350 (Additive Manufacturing-Hybrid) vertical milling machine
Furthermore, the beneficial features in repair and maintenance as it reduces the requirement for manufacturing a new part from scratch and minimizes the number of steps involved to repair a part, which bolsters the hybrid additive-manufacturing machines market share.
Hybrid Additive Manufacturing Machines Market Segmentation:
Segmentation by Material
Segmentation by End-Use Industry
· Aerospace & Defense
· Energy & Power
· Other End-Use Industries
Segmentation by Region:
· North America
o United States of America
· Asia Pacific
o Rest of APAC
o United Kingdom
o Rest of Europe
o South Africa
o Saudi Arabia
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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