The global additive manufacturing market is expected to grow at a high growth rate. It has applications across sectors such as aerospace, automotive, consumer products, government and defense, healthcare, industrial/business machines, and education and research. Additive manufacturing makes it possible to manufacture a product of virtually any design complexity. Hence, it is very useful for producing highly customized products with high accuracy, such as a jaw implant for a patient or a critical aircraft component. It also minimizes the overall wastage of materials.
The Americas dominates the market in terms of revenue generation; however, Europe has been growing at the highest growth in additive manufacturing market, while APAC is growing in the additive manufacturing materials market. Initiatives taken by governments of countries in the Americas to develop this technology are a major reason for its growth in the region.

The competitive landscape of the market presents a very interesting picture. The market is witnessing new product launches and large scale collaborations, and agreements and partnerships across the value chain, with only a handful of tier-one players around the globe.
Major players in the global additive manufacturing market include 3D Systems, Inc. (U.S.), Stratasys Ltd. (U.S.), ExOne (U.S.), Arcam AB (Sweden), Envision TEC (Germany), EOS (Germany), Materialise NV (Belgium), and MCor Technologies Ltd (Ireland).