Press release
Additive Manufacturing Market: Driven by Robust CAGR of 21.1% and Emerging Trends by 2029
Additive Manufacturing Market Outlook
What Is The Projected Market Size Of The Global Additive Manufacturing Market And Its Growth Rate?
• The global additive manufacturing market size grew from $19.34 billion in 2024 to $23.42 billion in 2025 at a compound annual growth rate (CAGR) of 21.1%.
• The market is projected to further increase to $50.49 billion in 2029 at a CAGR of 21.2%.
What Is Driving The Growth In The Additive Manufacturing Market?
The additive manufacturing market is experiencing a surge due to the increasing demand for 3D printing. The creation of three-dimensional solid objects from a digital file, commonly known as 3D printing, has revolutionized additive manufacturing by providing a cost-effective and flexible solution for producing customized parts, which are extensively used for preoperative planning. An example of its growing acceptance is reflected in the fact that over 2.2 million 3D printers were shipped in 2021, and this number is expected to skyrocket to 21.5 million by 2030 according to AZoNetwork UK Ltd.
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Who Are the Key Players Driving Additive Manufacturing Market Growth?
• General Electric Company
• ANSYS Inc.
• Höganäs AB
• Greatbatch Inc.
• Renishaw plc
• Arburg GmbH + Co KG
• Stratasys Ltd.
• EOS GmbH
• 3D Systems Corporation
• Proto Labs Inc.
• Materialise NV
• MakerBot Industries LLC
• SLM Solutions Group AG
• Markforged
• Arcam AB
• The ExOne Company
• Envisiontec GmbH
• EnvisionTEC LLC
• Ultimaker BV
• Optomec Inc.
• Voxeljet AG
• ExOne Company
• Mcor Technologies Ltd.
• Danae Inc.
• Made In Space Inc.
• CleanGreen 3D
• American Additive Manufacturing LLC
• Biomedical Modeling Inc.
• Yamazaki Mazak Corporation
• GPI Prototype & Manufacturing Services Inc.
What Are The Key Trends In The Additive Manufacturing Market?
• Industry 4.0 and digitalization
• Materials innovation
• Technological advancements in 3D printing
• Multi-material and hybrid printing
What Are The Segments Of The Global Additive Manufacturing Market?
• Technology: Stereolithography, Polyjet Printing, Binder Jetting Printing, Laser Sintering, Electron Beam Melting, Fused Deposition Modeling, Laminated Object Manufacturing, Thermal Dimensional Printing, Other Technologies.
• Material Type: Plastics, Metals, Ceramics, Other Materials.
• Application: Aerospace, Automotive, Consumer Products, Healthcare, Government And Defense, Industrial Or Business Machines, Education And Research, Other Applications.
Which Region Leads The Additive Manufacturing Market?
North America took the lead in the additive manufacturing market in 2024. However, an exponential growth is expected across all regions, which are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Additive Manufacturing Market Global Market Report?
- Market Size Analysis: Analyze the Additive Manufacturing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Additive Manufacturing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Additive Manufacturing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Additive Manufacturing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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