Market News |
GE Additive |
Sandvik Additive Manufacturing joins GE Additive’s Binder Jet Beta Program as a strategic partner (October 12, 2020) |
Sandvik Additive Manufacturing which has one of the widest alloy programs for Additive Manufacturing on the marktet will work closely with GE Additive to become a certified powder supplier. |
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Center Street Technologies |
USD 9.4 million is raised for a joint program between Center Street Technologies and the NCDMM in the defense sector (October 14, 2020) |
The National Center for Defense Manufacturing and Machining and Center Street Technologies are joining to support the Massive Area Additive Manufacturing (MAAM) program intending to integrate MAAM into the defense industry. |
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AM-Flow |
AM-Flow raises USD 4 million to deliver full end-to-end automation (October 15, 2020) |
AM-Flow raises USD 4 million in a Series-A funding led by BOM Braband Ventures. The investment will be used to provide end-to-end automation in 3D-printing, including AI computer vision, motion and robotics solutions. |
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Additive Drives GmbH |
Additive Drives obtains EUR 2 million to advance market launch (October 19, 2020) |
AM Ventures Holding GmbH invests EUR 2 million in Additive Drives to advance market launch, scale their business in prototyping and enable high-performance series applications in additively manufactured electric motor components. |
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LM Industries |
LM Industries raises USD 15 million from SPARX to develop the 3D printed self-driving shuttle bus (October 20, 2020) |
USD 15 million were raised by LM Industries from an investment fund managed by the SPARX group. The funding will be used to further develop the 3D-printed, electric, self-driving shuttle bus Olli and manufacture the the vehicle’s second edition Olli 2.0. |
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MolyWorks |
MolyWorks wins Formnext Start-up Challenge and AM Ventures Impact Award (October 22, 2020) |
MolyWorks, a Californian based start-up, realizes a circular economy in metal AM by recycling scrap metal into high-quality powder and converting it back into products. They are one of the winners of the Formnext Start-up Challenge and winner of the AM Ventures Impact Award. |
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Additive Center |
Additive Center and Marketiger launch joint venture project AMCubator (October 26, 2020) |
AMCubator aims at accelerating the development of high volume 3D-printed products. The center provides facilities to house experts in an application center and equipment in a pilot factory. Launching partners are Royal DSM, Hexagon, AM-Flow and AM Solutions. |
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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.