Market News |
Uniformity Labs |
Uniformity Labs raises USD 38.35 million in Series B funding (February 4, 2021) |
Uniformity Labs develops powder material and software solutions the industrial 3D printing markets. The funding will be used to expand its production capability, develop further specialized materials and grow its senior team in the sales and marketing function. |
Read more (external link) |
Fictiv |
Fictiv raises USD 35 million in Series D funding to expand its Digital Manufacturing Ecosystem (February 17, 2021) |
Fictiv has announced a new round of funding led by North Ventures. The investment will be used to advance its proven cloud-based platform technology and invest in its supply chain operations and network infrastructure. The San Francisco based company’s Digital Manufacturing Ecosystem streamlines the entire manufacturing process from quote through to delivery. |
Read more (external link) |
voxeljet |
voxeljet completes USD 12 million registered direct offering (February 17, 2021) |
Voxeljet has completed its registered direct offering and sale of 443,414 ordinary shares in the form of American Depositary Receipts (ADRs) at a purchase price of EUR 22.27 per share. The gross revenue amounts to approximately USD 12 million. Net revenues will be used for general corporate purposes. |
Read more (external link) |
Stratasys |
Stratasys acquires RPS, a provider of industrial Stereolithography 3D printers (February 18, 2021) |
The acquisition of RPS further expands Stratasys’ polymer solutions across the product life cycle. Stratasys expects the acquisition to be slightly accretive to revenue and non-GAAP per-share earnings by the end of 2021. |
Read more (external link) |
Technology News |
EOS |
EOS adds EOS NickelAlloy IN939 to its range of metal materials for powder-bed based AM (February 16, 2021) |
The new nickel-chromium alloy provides greater tensile properties, validation and crack-resistance compared with similar materials on the market. Suitable use cases include gas turbines, turbochargers and applications exposed to high temperature and extreme conditions. |
Read more (external link) |
Mantle |
Mantle launches TrueShape technology after securing an USD 13 million investment (February 24, 2021) |
Mantle is working on hybrid solutions to improve the tooling market. By combining additive and subtractive manufacturing, precise tools that are meeting the industry’s requirements are provided in less time compared with conventional processes. |
Read more (external link) |
Related topics
Additive Manufacturing market by material
The metal Additive Manufacturing material market is expected to almost tripple in feedstock use in the next five years. Regardless the high growth, the feedstock accounts for only a very small fraction of the worldwide metal material market. Most of the alloy consumption in AM is driven by high end applications in aviation and medical. Thus, high strength and high temperature alloys are taking large shares.
Additive Manufacturing market by industry
Many different industries have successfully adopted metal Additive Manufacturing. Medical and dental can be regarded as pioneering industry with serial productions starting in the early 2000s. Other industries, especially aerospace continue to play a strong part in metal Additive Manufacturing.
Additive Manufacturing industrialization
Over 18 different metal AM technologies are currently known, which are in highly different stages of maturity. Processes like Powder Bed Fusion or Powder Laser Deposition are well-established in multiple industries and used in qualified productions of serial parts. Other AM technologies have just been introduced into the market or are still in a phase of development.
Additive Manufacturing Market By Technology
The metal Additive Manufacturing technology market will face large shifts in distribution and usage of AM principles due to new and upcoming technologies entering the market. Today, the large majority of machines sold and used are Laser Beam Powder Bed Fusion systems. However, technologies such as Binder Jetting or Wire Arc Deposition will significantly increase their market share over the next 5 years.
Additive Manufacturing Market by Region
At the early days of metal Additive Manufacturing, Germany was the leading market region with its first movers in LB-PBF technology CONCEPT LASER (now GE), EOS, REALIZER (now DMG MORI) and SLM SOLUTIONS. Hence, many pioneering users were located in Germany and Europe. By now, however, the market share is more evenly distributed with suppliers and buyers from all over the major industrial regions.
©Copyright 2023 AMPOWER GmbH & Co. KG. All rights reserved.