The Business Research Company’s report on the Direct Energy Deposition 3D Printing Technology Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the direct energy deposition 3d printing technology market in recent years?
The growing aerospace and automotive industries are expected to propel the growth of the direct energy deposition 3D printing technology market going forward. The aerospace and automotive industries refer to sectors focused on designing, manufacturing, and maintaining aircraft, spacecraft, and motor vehicles. Growing aerospace and automotive industries are driven by rising demand for advanced transportation, technological innovations, and increased investments in manufacturing and sustainability. The aerospace and automotive industries drive demand for direct energy deposition 3D printing technology by requiring high-precision, lightweight, and durable components for advanced manufacturing and repair. For instance, in September 2023, according to the Aerospace Industries Association, a US-based nonprofit trade association, in 2022, the aerospace and defense industry contributed $418 billion to the U.S. economy, accounting for 1.65% of the country’s nominal gross domestic product (GDP). This marked a nearly 7% increase from 2021. Therefore, the growing aerospace and automotive industries are driving the growth of the direct energy deposition 3D printing technology market.
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What is the projected market size of the direct energy deposition 3d printing technology industry, and how is it expected to grow?
The direct energy deposition 3D printing technology market size has grown rapidly in recent years. It will grow from $4.21 billion in 2024 to $4.95 billion in 2025 at a compound annual growth rate (CAGR) of 17.5%. The growth in the historic period can be attributed to increasing demand for low-volume production, rising popularity of on-site repair and maintenance, growing need for lightweight materials in industries, increasing focus on sustainable manufacturing practices, and increasing government investments.
The direct energy deposition 3D printing technology market size is expected to see rapid growth in the next few years. It will grow to $9.33 billion in 2029 at a compound annual growth rate (CAGR) of 17.2%. The growth in the forecast period can be attributed to increasing penetration of 3D printing, increasing demand for 3D printing technology, increasing demand for customized manufacturing solutions, increasing need for high-performance parts, and increasing use of additive manufacturing. Major trends in the forecast period include laser-based deposition systems, strategic collaboration, integration with artificial intelligence, hybrid manufacturing systems, and integration of eco-friendly materials.
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Who are the key players driving competition in the direct energy deposition 3d printing technology market?
Major companies operating in the direct energy deposition 3d printing technology market are Mitsubishi Heavy Industries Ltd., RPM Innovations Inc., Hexagon AB, TRUMPF SE + Co. KG, KUKA Aktiengesellschaft (AG), Nikon Corporation, DMG MORI Co. Ltd., Phillips Corporation, Fraunhofer Institute for Material and Beam Technology IWS, Höganäs AB, Optomec Inc., Precitec GmbH & Co. KG, DM3D Technology LLC, EWI, RAMLAB, Meltio, Sciaky Inc., InssTek Inc., Synergy Additive Manufacturing LLC, Hybrid Manufacturing Technologies Ltd., Aurora Labs Limited, Procada AB, Norsk Titanium AS
What key trends are expected to drive the digital out-of-home advertising market during the forecast period?
Major companies operating in the direct energy deposition 3D printing technology market are focusing on developing innovative products, such as robotic large-scale direct energy deposition, to enhance precision, scalability, and manufacturing efficiency. A robotic large-scale direct energy deposition is an advanced 3D printing system that uses robotics and direct energy deposition technology to manufacture or repair large metal parts with high precision. For instance, in November 2024, Caracol, an Italy-based 3D printing company, unveiled Vipra AM, a robotic, direct energy deposition platform for manufacturing large-scale metal parts, at Formnext. The platform incorporates a proprietary turnkey system, seamlessly integrating hardware, software, and automation to optimize control and performance. Vipra AM is set to broaden the scope of large-format additive manufacturing (LFAM) applications across various industries.
Which key geographies are driving the growth of the direct energy deposition 3d printing technology market?
North America was the largest region in the direct energy deposition 3d printing technology market in 2024. The regions covered in the direct energy deposition 3d printing technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the key segments driving growth in the direct energy deposition 3d printing technology market?
The direct energy deposition 3d printing technology market covered in this report is segmented –
1) By Type: Laser, Electron Beam, Plasma Arc
2) By Component: Hardware, Software, Services, Material
3) By End Use Industry: Healthcare, Automotive, Aerospace And Defense, Other End Use Industries
Subsegments:
1) By Laser: Laser Powder Deposition (LPD), Laser Cladding
2) By Electron Beam: Electron Beam Additive Manufacturing (EBAM), Electron Beam Melting (EBM)
3) By Plasma Arc: Plasma Transferred Arc (PTA) Welding, Plasma Arc Additive Manufacturing (PAAM)
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What defines the structure and scope of the direct energy deposition 3d printing technology market?
Direct energy deposition 3D printing technology is a metal 3D printing process that uses a focused energy source, such as a laser, electron beam, or plasma arc, to melt and fuse material as it is deposited. This technology involves a nozzle that feeds powdered or wire-based material into the energy source, where it is fused layer by layer to create or repair complex components.
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