Industry: Semiconductor & Electronics | Publish Date: 26-Jul-2023 | No of Pages: 75 | No. of Tables: 62 | No. of Figures: 29 | Format: PDF | Report Code : N/A
France Additive Manufacturing (AM) Market was valued at USD 0.58 billion in 2022, and is predicted to reach USD 2.32 billion by 2030, with a CAGR of 18.1% from 2023 to 2030. Additive manufacturing, or 3D printing, is a technique used to construct three-dimensional objects by incrementally adding layers of material, contrasting with traditional subtractive manufacturing methods that involve removing material from a solid block. The term additive manufacturing stems from the sequential addition of thin material layers to gradually build the desired shape of the object. Initially, the additive manufacturing process commences with a digital design file, which is divided into numerous cross-sectional layers. These layers are subsequently printed or deposited in a sequential manner, utilizing diverse techniques like extrusion, powder bed fusion, vat photopolymerization, or binder jetting. Additive manufacturing employs a broad range of materials, encompassing plastics, metals, ceramics, and even biological substances, allowing for versatile applications across various industries.
The growing use of 3D printing in the aerospace and defence industry due to growing business expansion in the region drives the demand for additive manufacturing. For instance, in March 2022, Handddle, a France-based start-up specializing in 3D printing production lines, launched a new 3D printing microfactory, for the French Air and Space Force. The French Air and Space industry possesses FFF 3D printers from OEMs such as Markforged and Ultimaker.
The demand for additive manufacturing technologies in the region can be attributed to the growing use of 3D printing in the healthcare industry. For instance, in April 2022, Eplus3D, the world's leading provider of metal 3D printer solutions, joined hands with BioSummer 3D, a leading provider of dental products and service solutions in France, and announced a distribution agreement to help dental laboratories and labs in 3D digital transformation.
The massive initial expenditure necessary to build the infrastructure, which includes 3D printers, materials, and software, is a significant cost hurdle. With limited financial resources, small and medium-sized firms (SMEs) have hurdles in fully integrating additive manufacturing technology. As a result, it is predicted to slow the growth of the additive manufacturing industry. Thus, it is expected to restrain the growth of the additive manufacturing market.
The ongoing technological advancements have fueled substantial growth in the additive manufacturing industry. These advancements encompass various areas, including enhanced printing capabilities, advancements in materials, and more efficient post-processing techniques. Consequently, the market has witnessed improved output quality, shorter manufacturing cycles, and expanded opportunities for application in diverse sectors. The continuous progress in additive manufacturing technology has created numerous avenues for market development, leading to increased acceptance and utilization of the technology.
The additive manufacturing industry includes several market players such as Stratasys, Markforged Holding Corporation, Desktop Metal Inc., Velo3d, Inc., Formlabs Inc., Protolabs., Xometry Inc., Shapeway Holdings Inc., D Systems, General Electric. These market players are adopting various strategies such as partnerships to maintain their dominance in the market of France.
For instance, in October 2021, Stratasys, a company specializing in polymer 3D printing solutions, signed an agreement with French med-tech start-up Bone 3D. Under the agreement, Bone 3D invested and supplied Stratasys’ latest FDM and PolyJet 3D printing systems according to the particular requirements of individual hospitals and medical institutions that are part of the Hospifactory network.
The France additive manufacturing market report provides a quantitative analysis of the current market and estimations through 2023-2030 that assists in identifying the prevailing market opportunities to capitalize on.
The study comprises a deep dive analysis of the market trend including the current and future trends for depicting the prevalent investment pockets in the market.
The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
The competitive analysis of the market players along with their market share in the France additive manufacturing market.
The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
Stereolithography
Fused Deposition Modeling
Selective Laser Sintering
Direct Metal Laser Sintering
Polyjet Printing
Inkjet Printing
Electron Beam Melting
Laser Metal Deposition
Digital Light Processing
Laminated Object Manufacturing
Others
Desktop 3D Printer
Industrial 3D Printer
Polymer
Metal
Ceramic
Prototyping
Tooling
Functional Parts
Hardware
Software
Design Software
Inspection Software
Printer Software
Scanning Software
Services
Industrial Additive Manufacturing
Automotive
Aerospace and Defense
Healthcare
Consumer Electronics
Power and Energy
Others
Desktop Additive Manufacturing
Educational Purpose
Fashion and Jewelry
Objects
Dental
Food
Others
Stratasys
Markforged Holding Corporation
Desktop Metal Inc.
Velo3d, Inc.
Formlabs Inc.
Protolabs.
Xometry Inc.
Shapeway Holdings Inc.
D Systems
General Electric