Global Metal Additive Manufacturing Market Outlook 2025-2034: Trends, Innovations, And Future Outlook

The Metal Additive Manufacturing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Metal Additive Manufacturing Market Size and Projected Growth Rate?
A surge in size can be observed in the recent years for the metal additive manufacturing market. Forecasts suggest it will expand from a value of $5.29 billion in 2024 to an estimated $6.11 billion in 2025, displaying a compound annual growth rate (CAGR) of 15.4%. This notable growth in the past years can be credited to worldwide industrialization, widespread uptake in the automotive industry, the ballooning aerospace sector, the burgeoning healthcare sector, and the burgeoning manufacturing sector.

In the coming years, the size of the metal additive manufacturing market is projected to experience rapid expansion. Its value is estimated to reach $11.49 billion by 2029, with a compound annual growth rate (CAGR) of 17.1%. This predicted growth during the forecast period can be linked to factors such as the expanding dental industry, the rise in educational institutions, enhanced efficiency, and an increased focus on minimizing costs and weight. The forecast period is also expected to witness major trends including 3d printing advancements, automation integration and streamlined workflows, technological and product innovations.

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What Are the Major Segments in the Metal Additive Manufacturing Market?
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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What Are The Driving Metal Additive Manufacturing Market Evolution?
The growth of the metal additive manufacturing market is set to be driven forward by its increasing use within the aerospace industry. This industry encapsulates everything from the conception and creation of aircraft, spacecraft, satellites, and their respective parts, to their operation and upkeep. In the aerospace field, metal additive manufacturing plays a key role in producing light components, reducing the weight of aircraft and spacecraft, enhancing fuel efficiency, and decreasing emissions. For instance, the Australian Bureau of Statistics, a national statistical organization based in Australia, found that in May 2024, manufacturing industries noted an EBITDA upsurge to 51,574 in 2022, from 50,446 the previous year. Thus, the heightened uptake of metal additive manufacturing technologies in the aerospace sector is accelerating demand in the metal additive manufacturing market.

Which Firms Dominate The Metal Additive Manufacturing Market Segments?
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.

What Trends Are Expected to Dominate the Metal Additive Manufacturing Market in the Next 5 Years?
The trend of incorporating robots into additive manufacturing is gaining traction in the metal additive manufacturing industry. The objective of leading corporations in this market is to improve efficiency and augment their market hold by embracing robotic technologies. To illustrate, ADDiTEC, an American firm that supplies metal additive manufacturing applications and solutions, rolled out the AMRC-P (additive manufacturing robot cell-portable) in November 2022. This fully automated robotic metal AM system is notably efficient and can be adjusted with any industrial robot to fit a company's distinct needs. It comes with advanced software instruments that can facilitate complex multi-axis designs, making the printing process easier and more user-friendly for both the experienced and novice. The software can be customized to ensure all customer parameter needs are met.

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Which Is The Largest Region 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

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Metal Additive Manufacturing Market?
2. What is the CAGR expected in the Metal Additive Manufacturing Market?
3. What Are the Key Innovations Transforming the Metal Additive Manufacturing Industry?
4. Which Region Is Leading the Metal Additive Manufacturing Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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