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 assistance in removing the need for costly and space-consuming inventory.
Introduction of the Hybrid Additive Manufacturing Machines Market:
Hybrid additive manufacturing is the method that makes objects from the strength, including 3D objects. It is a combination of subtractive and additive manufacturing. These systems allow users to assemble and finish the part in a single setup by reducing 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 ongoing modernizations in the technology primarily drive growth in the global hybrid additive-manufacturing machines market to offer a wide variety of alternatives for producers, designers, and manufacturers. For example, Direct Energy Deposition (DED) is an additional production method for hybrid solutions. This technology is regarded as an exemplary option to repair major components and produce parts of large metal due to its potential to create complex shapes. In addition, their endorsement across multiple industries, such as automotive and aerospace industries for its employment in the manufacturing of highly complex parts, is supplementing the market growth. Their employment in the healthcare industry for patient-specific dental implants and prosthetics, which is a cost-effective solution, further strengthens the hybrid additive-manufacturing machines market size. Moreover, less cost of production, mounting government allowance, innovations in materials and technologies, and fewer complications in design are some other factors contributing to the market growth. Optomec, Inc., in 2017, partnered with Tongtai Machine & Tool Company, the largest machine tool supplier in Taiwan, to amalgamate the Optomec LENS Print Engine and accumulate metal printing capability to its AMH-350 (Additive Manufacturing-Hybrid) vertical milling machine
Furthermore, this technology is also advantageous in repair and maintenance as it curbs the need for manufacturing a new part from scratch and decreases the number of steps involved to repair a part, which stimulates the hybrid additive-manufacturing machines market share.
Hybrid Additive Manufacturing Machines Market Segmentation:
Segmentation by Material
- Titanium
- Aluminum
- Steel
- Nickel
- Others
Segmentation by End-Use Industry
- Aerospace & Defense
- Energy & Power
- Electronics
- Medical
- Automotive
- Other End-Use Industries
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- 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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