Metal Additive Manufacturing Market Landscape 2025: Forecast Data and Growth Strategy Insights

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What Is the Expected CAGR for the Metal Additive Manufacturing Market Through 2025?
The market for metal additive manufacturing has seen a swift expansion in recent years. It is projected to increase from $5.29 billion in 2024 to $6.11 billion in 2025, with a compound annual growth rate (CAGR) of 15.4%. This considerable growth during the historic period can be linked to worldwide industrialization, greater application in the automotive industry, an enlarging aerospace industry, a burgeoning healthcare sector, and increased manufacturing sector.

What's the Projected Size of the Global Metal Additive Manufacturing Market by 2029?
The market size of metal additive manufacturing is predicted to expand speedily in the coming years, with a projection to reach $11.49 billion in 2029, growing at a compound annual growth rate (CAGR) of 17.1%. The acceleration during this estimated period can be linked to the burgeoning dental sector, expansion of educational institutions, enhanced efficiency, rising emphasis on minimizing costs, and focus on weight reduction. The period is also expected to witness significant trends such as advancements in 3d printing, automation integration, streamlined workflows, tech-based innovations, and product breakthroughs.

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Top Growth Drivers in the Metal Additive Manufacturing Industry: What's Accelerating the Market?
The growth of the metal additive manufacturing market is projected to surge due to its increasing adoption in the aerospace industry. The application of this technology spans the designing, production, operation, and upkeep of aircrafts, spacecrafts, satellites, and related components. The use of metal additive manufacturing in the aerospace industry aids in the production of lighter components, bringing down the overall weight of aircrafts and spacecrafts. This, in turn, enhances fuel efficiency and reduces emissions. For example, the Australian Bureau of Statistics, an Australian national statistical agency, reported in May 2024 that there was a growth in EBITDA to 51,574 in 2022 from 50,446 in 2021 in the country's manufacturing industries. Hence, the uptake of metal additive manufacturing technologies in the aerospace sector is fueling the demand in the metal additive manufacturing market.

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What Trends Will Shape the Metal Additive Manufacturing Market Through 2029 and Beyond?
The primary trend observed in the metal additive manufacturing market is the incorporation of robotic technology. Companies dominating the industry are keen on adopting robotics to amplify their productivity and market stake. As a case in point, ADDiTEC, an American metal additive manufacturing solutions and applications company, launched an entirely automated robotic metal additive manufacturing system known as AMRC-P (additive manufacturing robot cell-portable) in November 2022. AMRC-P has the flexibility to be adapted to any industrial robot as per unique business requirements. It incorporates advanced software tools designed to handle complex multi-axis geometries, thus making the printing process simpler and beginner-friendly. This software can also be tailored to meet the customer's specific parameter needs.

What Are the Main 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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Which Top Companies are Driving Growth in the Metal Additive Manufacturing Market?
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.

Which Regions Will Dominate the Metal Additive Manufacturing Market Through 2029?
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

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