Press release
Top Factor Driving Metal Additive Manufacturing Market Growth in 2025: Metal Additive Manufacturing Soars In Aerospace Industry, Fueling Market Growth
Metal Additive Manufacturing Market Size
The continued utilization of metal additive manufacturing technologies in the aerospace sector is set to drive the expansion of the metal additive manufacturing market. The aerospace field involves the creation, designing, production, operation, and regular upkeep of spacecraft, satellites, aircraft, and their associated components. Metal additive manufacturing is employed in this sector to fabricate components that are much lighter, to minimize the weight of spacecraft and aircraft, thus enhancing fuel efficiency and reducing emissions. For example, the Australian Bureau of Statistics, an established statistical agency in Australia, noted in May 2024 that there was a surge in EBITDA to 51,574 in 2022 in manufacturing industries, indicating an increase from 50,446 in 2021. Consequently, the growing usage of metal additive manufacturing technologies in the aerospace industry is bolstering the demand for the metal additive manufacturing market.
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How will the growth rate of the metal additive manufacturing market shape industry trends by 2034?
The industry of metal additive manufacturing has experienced swift expansion in the previous years. The market, which stands at $5.29 billion in 2024, is expected to surge to $6.11 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 15.4%. The growth observed in the past can be credited to factors such as worldwide industrialization, higher adoption in the automotive industry, expansion of the aerospace sector, growth in the healthcare industry, and broadening manufacturing sector.
The market size for metal additive manufacturing is predicted to experience significant expansion in the coming years, escalating to $11.49 billion in 2029 with a compound annual growth rate (CAGR) of 17.1%. Factors influencing this growth during the forecast period include the expanding dental industry, the rise of educational institutions, enhanced efficiency, and a heightened emphasis on cost and weight reduction. Key trends over the forecast period include progresses in 3D printing, the incorporation of automation and more efficient workflows, technological advancements, and innovative products.
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What trends are poised to drive the future success of the metal additive manufacturing market?
The significant trend gaining traction in the metal additive manufacturing market is the incorporation of robotics. Several principal organizations in the market are emphasizing the utilization of robotics technologies to enhance productivity and expand their market share. For example, in November 2022, ADDiTEC, an American firm that provides metal additive manufacturing (AM) solutions and applications, introduced the AMRC-P (additive manufacturing robot cell-portable), an extremely efficient, fully automated robotic metal AM system. The AMRC-P is adaptable and can be reconfigured with any industrial robot to cater to a company's specific demands. This device comes with advanced software tools to aid complex multi-axis geometries, simplifying the printing process for both experienced users and novices. The software can also be tailored to meet all clients' parameter needs.
Which primary segments of the metal additive manufacturing market are driving growth and industry transformations?
The metal additive manufacturing market covered in this report is segmented -
1) By Type: Selective Laser Melting (SLM), Electron Beam Melting (EBM), Powder Bed Fusion, Sheet Lamination, Directed Energy Deposition, Binder Jetting
2) By Component: System, Materials, Services And Parts
3) By Application: Automotive Industry, Aerospace Industry, Healthcare And Dental Industry, Tools And Mold, Academic Institutions, Other Applications
Subsegments:
1) By Selective Laser Melting (SLM): Metal Powder SLM, Alloy SLM
2) By Electron Beam Melting (EBM): Titanium EBM, Cobalt-Chromium EBM
3) By Powder Bed Fusion: Laser Powder Bed Fusion, Electron Beam Powder Bed Fusion
4) By Sheet Lamination: Laminated Object Manufacturing (LOM), Ultrasonic Additive Manufacturing (UAM)
5) By Directed Energy Deposition: Laser Directed Energy Deposition, Arc-Based Directed Energy Deposition
6) By Binder Jetting: Metal Binder Jetting, Composite Binder Jetting
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Which geographical regions are pioneering growth in the metal additive manufacturing market?
North America was the largest region in the metal additive manufacturing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the metal additive manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the metal additive manufacturing market landscape?
Major companies operating in the metal additive manufacturing market include Trumpf Inc., Lincoln Electric Additive Solutions, DMG Mori Seiki Co. Ltd., Hoganas AB, EOS GmbH, Renishaw PLC, Stratasys Ltd., Materialise NV, Desktop Metal Inc., SLM Solutions Group AG, Markforged Inc., FormLabs Inc., The ExOne Co., AddUp Solutions SAS, Voxeljet AG, Optomec Inc., SISMA SpA, Additive Industries B.V., 3DEO Inc., GE Additive, Triditive SL, Farsoon Technologies Co. Ltd., XJet Ltd., Sciaky Inc., Norsk Titanium AS, Titomic Ltd., Wuhan Huake 3D Technology Co. Ltd., Xact Metal, XiAn Bright Laser Technologies Co. Ltd., 3D Systems Inc.
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What Is Covered In The Metal Additive Manufacturing Global Market Report?
• Market Size Forecast: Examine the metal additive manufacturing market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the metal additive manufacturing market for a structured understanding.
• Key Players Overview: Analyze major players in the metal additive manufacturing market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the metal additive manufacturing market.
• Segment Contributions: Evaluate how different segments drive overall growth in the metal additive manufacturing market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the metal additive manufacturing market.
• Industry Challenges: Identify potential risks and obstacles affecting the metal additive manufacturing market.
• Competitive Landscape: Review strategic developments in the metal additive manufacturing market, including expansions, agreements, and new product launches.
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