1. Sub-Segment: Material Type
The material type sub-segment within the additive manufacturing market is crucial for the growth and development of the industry. The material type segment includes plastics, metals, ceramic, and others. Among these, metals hold significant market share due to their ability to provide high strength and durability. Metal additive manufacturing techniques such as selective laser melting (SLM) and electron beam melting (EBM) enable the production of complex metal parts with excellent structural integrity and precision.
The additive manufacturing market is highly competitive with the presence of numerous key players striving to enhance their market position. Some of the prominent market players operating in the industry include:
1. Stratasys Ltd.
2. 3D Systems Corporation
3. EOS GmbH Electro Optical Systems
4. GE Additive
5. HP Development Company, L.P.
6. Materialise NV
7. SLM Solutions Group AG
8. ExOne
9. Arcam AB (GE Additive)
10. EnvisionTEC Inc.
These players focus on strategies such as mergers and acquisitions, partnerships, and new product developments to gain a competitive edge in the market. The intense competition among these market players encourages innovation and technological advancements in the additive manufacturing industry.