The global hybrid additive manufacturing market size was valued at $80.5 million in 2019 and is expected to grow at a CAGR of 14% from 2021 to 2027. Key factors contributing to market growth. Aircraft parts are typically made using short-term manufacturing, in which case additive manufacturing speeds up production. It also helps to produce complex parts that are lightweight and resilient compared to products made with conventional technology. Increasing manufacturing activity in the U.S. aerospace and automotive industries is expected to drive the North American market in the coming years. The expansion of healthcare facilities and an increase in the national healthcare budget are also expected to remain key factors in the expansion of the market.
A full report of Hybrid Additive Manufacturing Market available at https://www.orionmarketreports.com/air-purifier-market/37643/
Hybrid Additive Manufacturing Market Segmentations
By Application:
• Repair
• Production
• Prototype
By Vertical:
• Heavy industry
• Automotive
• Aerospace
• Medical
• Energy
• Electronics
Key Market Players
• 3D Systems, Inc.
• DMG MORI
• GENERAL ELECTRIC
• Matsuura Machinery Corporation
• Mazak Corporation
• Optomec, Inc.
• Renishaw plc
• Siemens Industry Software Inc.
• SLM SOLUTIONS GROUP AG
• Stratasys Ltd
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
