Press release
Additive Manufacturing Market Projected to Reach US$ 189.34 Billion with 21.6% CAGR by 2034
The global additive manufacturing market will be worth $26.79 billion in 2024. Sales of additive manufacturing technologies are expected to grow at a significantly high CAGR of 21.6% to US$ 189.34 billion by the end of 2034.More businesses nowadays are inclined to sustainable manufacturing practices due to their favorable environmental effects. In comparison with traditional production, additive manufacturing provides several environmental advantages. Waste and energy minimization are two noteworthy advantages of additive manufacturing technologies compared to conventional manufacturing procedures. Additive manufacturing uses only materials necessary for production with higher efficiency.
Get Free Sample Copy of This Report-https://www.factmr.com/connectus/sample?flag=S&rep_id=9254
Key Takeaway from Market Study
• The global additive manufacturing market is pegged at US$ 26.79 billion in 2024.
• Worldwide demand for additive manufacturing technologies is set to reach a valuation of US$ 189.34 billion by the end of 2034.
• The market is predicted to expand at a prolific CAGR of 21.6% from 2024 to 2034.
• North America is projected to account for 29.1% of the global market share by 2034.
• Demand for additive manufacturing technologies in China is forecasted to expand at 22.4% CAGR from 2024 to 2034.
• The market in Canada is predicted to reach US$ 9.26 billion by 2034-end.
• The medical segment is forecasted to account for 22.1% share of global market revenue by 2034.
"Rising use of additive manufacturing techniques in several industries, including aerospace and defense, for the production of complex parts and lightweight components is predicted to be one of the key growth drivers," says a Fact.MR analyst.
Key Market Players
• Renishaw Plc.,
• Wipro Limited,
• Materialise,
• ANSYS, Inc.,
• Evonik,
• Siemens Industry Software Inc.,
• Stratasys Ltd.,
• General Electric,
• Xerox Corporation,
• AMFG,
• Mazak Corporation,
• American Additive Manufacturing LLC,
• Optomec are leading additive manufacturing solution providers.
Growing Adoption of Additive Manufacturing in Automotive Sector
Demand for additive manufacturing solutions in the automotive sector is predicted to increase at 23% CAGR and reach a market value of US$ 27.64 billion by 2034-end. Rising adoption of additive manufacturing techniques contributes to the streamlining of the supply chain, expediting prototyping, facilitating customization, and enabling the production of lightweight components.
Want Full Report? Enquire Here-https://www.factmr.com/report/additive-manufacturing-market
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the additive manufacturing market, presenting historical demand data for 2018 to 2023 and forecast statistics for 2024 to 2034.
The study divulges essential insights into the market based on product type (hardware, material, software), technology (power bed fusion, direct energy deposition, material jetting, material extrusion, photopolymerization), and application (medical, automotive, aerospace & defense, consumer electronics, architecture, industrial equipment, education & research institutions), across six major regions of the world (North America, Europe, East Asia, Latin America, South Asia & Oceania, and MEA).
Competitive Landscape
Companies are making progress consistently and integrating several technologies to enhance their systems used for supply chain management of additive manufacturing solutions. Their resources are dedicated to providing superior offerings and ensuring predicted high product quality.
Segmentation of Additive Manufacturing Market Research
• By Product Type:
o Hardware
o Material
o Software
• By Technology:
o Powder Bed Fusion
o Direct Energy Deposition
o Material Jetting
o Material Extrusion
o Photo Polymerization
• By Application:
o Medical
o Automotive
o Aerospace & Defense
o Consumer Electronics
o Architecture
o Industrial Equipment
o Education & Research Institutions
• By Region:
o North America
o Europe
o East Asia
o Latin America
o Middle East & Africa
o South Asia & Oceania
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
About Fact.MR:
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Additive Manufacturing Market Projected to Reach US$ 189.34 Billion with 21.6% CAGR by 2034 here
News-ID: 3466301 • Views: …
More Releases from Fact.MR

Citrus Peel Fibre and Pectin Market Projected to Reach USD 1.91 Billion by 2035, …
The global citrus peel fibre and pectin market is set to experience substantial growth over the next decade, driven by rising consumer demand for natural ingredients, increasing adoption in the food and beverage industry, and the growing focus on health and wellness.
According to recent analysis, the market is projected to grow from USD 1,100.0 million in 2025 to approximately USD 1,914.9 million by 2035, marking a total growth of…

Brewers' Spent Grain Flour Market to Hit USD 651M by 2035, Driven by Sustainabil …
The global brewers' spent grain flour market is projected to grow from USD 385.0 million in 2025 to approximately USD 651.4 million by 2035, recording an absolute increase of USD 267.7 million over the forecast period.
This translates into a total growth of 69.5%, with the market forecast to expand at a compound annual growth rate (CAGR) of 5.4% between 2025 and 2035. The rising focus on upcycling brewery byproducts…

Global Hybrid Emulsifiers Market to Surpass USD 1 Billion by 2035, Driven by Cle …
The global hybrid emulsifiers market is witnessing strong growth and is projected to reach USD 1,013.2 million by 2035, up from USD 550 million in 2025.
With a compound annual growth rate (CAGR) of 6.3% over the forecast period, the industry is being fueled by increasing demand for natural, multifunctional emulsifiers across food, beverage, and personal care sectors. The market is experiencing a shift towards clean-label and sustainable ingredients, reflecting…

Chlorella-Derived Whole-Food Colours Market to Reach USD 171.7 Million by 2035, …
The global chlorella-derived whole-food colours market is experiencing robust growth, driven by rising consumer demand for natural and clean-label ingredients.
The market is projected to expand from USD 95.0 million in 2025 to approximately USD 171.7 million by 2035, reflecting a total increase of USD 80.0 million and a compound annual growth rate (CAGR) of 6.1%. This growth trajectory highlights the increasing adoption of chlorella-based colourants in the food, beverage,…
More Releases for Additive
Prominent Additive Manufacturing Market Trend for 2025: Development of Digital A …
Which drivers are expected to have the greatest impact on the over the additive manufacturing market's growth?
The additive manufacturing market is set to flourish due to the surging demands for 3D printing. This term refers to the process of making three-dimensional solid objects from electronic files. 3D printing brings cost-effectiveness and flexibility to additive manufacturing, specifically in manufacturing personalized components and planning before an operation. For example, AZoNetwork UK Ltd.,…
Metal Additive Manufacturing Systems Market to See Huge Growth by 2030 | Renisha …
Advance Market Analytics published a new research publication on "Metal Additive Manufacturing Systems Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Metal Additive Manufacturing Systems market was mainly driven by the increasing R&D spending across the world.
Get inside Scoop…
Additive Masterbatch Market Report 2024 - Additive Masterbatch Market Size, Shar …
"The Business Research Company recently released a comprehensive report on the Global Additive Masterbatch Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Medicated Bath Additive Market Report 2024 - Medicated Bath Additive Market Grow …
"The Business Research Company recently released a comprehensive report on the Global Medicated Bath Additive Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The medicated bath…
Laser Additive Manufacturing Market Is Booming Worldwide| GE Additive, Autodesk, …
Advance Market Analytics published a new research publication on "Laser Additive Manufacturing Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Laser Additive Manufacturing market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample…
Aquaculture Additive Market
The Insight Partners analysts forecasts the latest report on “Global Aquaculture Additive Market (Covid-19) Impact and Analysis by 2027”, according to report; The Aquaculture Additive Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the Aquaculture Additive Market.
The COVID-19 outbreak is currently going the world…