Hybrid 3D Printing Market Size, Growth Strategies and Forecast Report to 2027

Hybrid 3D Printing is also referred as hybrid additive manufacturing which combines subtractive manufacturing methods in one single solution. One of the key benefits of 3D printing is a reduction in wastage. The hybrid 3D printers are capable of repairing damaged parts owing to their advanced features and significantly reducing the maintenance and repair cost.

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Market Drivers

The rise in demand for low volume and complex design automotive parts will positively contribute the global hybrid 3D printing market over the forecast period. The automotive industry has rapidly adopted hybrid 3D printing technology from the past few years which is expected to support the market growth. Also, the increase in research and development investments in the production of automotive parts is another key driving factor which expected to propel the growth of global hybrid 3D printing market. Moreover, the growing development of new 3D printers and their components is anticipated to fuel the market growth in near future. Metal additive manufacturing is gaining popularity from various end use industries including medical and aerospace are likely to assist in the penetration of hybrid additive manufacturing due to its capability to perform various operations on a single machine.

Market Restraints

High cost associated with the product major restraint which expected to hamper the global hybrid 3D printing market growth during this forecast timeline.

Market Key Players

Various key players are discussed in this report such as 3D Systems, Inc., General Electric Co., Renishaw plc, DMG MORI Co., Ltd., Mazak Corporation, Optomec, Siemens, Stratasys Ltd, Voxeljet AG, SLM SOLUTIONS GROUP AG, 3D Natives, Matsuura Machinery Corporation, etc.

Market Taxonomy

By Type

Desktop Hybrid 3D Printers
Industrial Hybrid 3D Printers

By Application

Automotive
Medical
Defense
Electronics
Others

By Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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