Soaring Demand For 3D Printing Propels Growth In The Additive Manufacturing Market: The Driving Engine Behind Additive Manufacturing Market Evolution in 2025

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Additive Manufacturing Market Size Growth Forecast: What to Expect by 2025?
In recent years, the additive manufacturing market has experienced a significant expansion. It is projected to expand from a size of $19.34 billion in 2024 to $23.3 billion in 2025, with a compound annual growth rate (CAGR) of 20.5%. Factors contributing to this growth in the historic period include the demand for prototyping and rapid prototyping, customization, complex geometries, decreased material waste, adoption by the aerospace and healthcare industries, and cost-effective production in low volumes.

How Will the Additive Manufacturing Market Size Evolve and Grow by 2029?
The market size for additive manufacturing is projected to witness remarkable expansion in the coming years, set to reach $49.74 billion in 2029, growing at a compound annual growth rate (CAGR) of 20.9%. This predicted growth can be attributed to factors like increasing demand for mass customization, advancements in healthcare and bioprinting, broader applications in sectors like automotive and energy, combined use with traditional manufacturing, and a favorable regulatory environment. The major trends to watch for during this prediction period are Industry 4.0 and digitalization, material advancement, technological improvements in 3D printing, and the emergence of multi-material and hybrid printing.

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What Drivers Are Propelling the Growth of Additive Manufacturing Market Forward?
The growth of the additive manufacturing market is set to accelerate due to the rising demand for 3D printing. This technique entails the production of solid, three-dimensional objects from a digital blueprint, thus providing a cost-effective and adaptable means of crafting custom parts and facilitating preoperative planning. AZoNetwork UK Ltd., a marketing science firm located in the UK, indicated that over 2.2 million 3D printers were dispatched in 2021. They predict an escalation to 21.5 million 3D printer shipments by 2030. Consequently, the expanding demand for 3D printing is propelling the growth of the additive manufacturing market.

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Which Emerging Trends Are Transforming the Additive Manufacturing Market in 2025?
The leading players in the additive manufacturing market are concentrating on the introduction of innovative techniques like digital additive-manufacturing technology to increase the efficiency of production. This technology involves creating 3D structures from layered materials according to digital models, allowing for intricate geometries and personalized creations, whilst boosting efficiency and cutting down on material waste. As an example, Mitsubishi Electric Corporation, an electronics firm from Japan, debuted its AZ600 wire-laser metal 3D printer in February 2022. This device leverages laser technology to melt welding wire and produce precise, high-quality 3D forms. Equipped with 5-axis spatial control, this 3D printer improves manufacturing efficiency while minimizing energy usage and waste.

What Are the Key Segments in the Additive Manufacturing Market?
The additive manufacturingmarket covered in this report is segmented -

1) By Technology: Stereolithography, Polyjet Printing, Binder Jetting Printing, Laser Sintering, Electron Beam Melting, Fused Deposition Modeling, Laminated Object Manufacturing, Thermal Dimensional Printing, Other Technologies
2) By Material Type: Plastics, Metals, Ceramics, Other Materials
3) By Application: Aerospace, Automotive, Consumer Products, Healthcare, Government And Defense, Industrial Or Business Machines, Education And Research, Other Applications

Subsegments:
1) By Stereolithography: Standard Stereolithography, Digital Light Processing (DLP), PolyJet Printing
2) By Binder Jetting Printing: Metal Binder Jetting, Sand Binder Jetting
3) By Laser Sintering: Selective Laser Sintering (SLS), Direct Metal Laser Sintering (DMLS), Electron Beam Melting
4) By Fused Deposition Modeling (FDM): Standard FDM, Dual-Extrusion FDM
5) By Laminated Object Manufacturing (LOM): Paper Lamination, Plastic Lamination
6) By Thermal Dimensional Printing: Hot Melt Adhesive, Thermoplastic Materials
7) By Other Technologies: Continuous Filament Fabrication (CFF), Selective Laser Melting (SLM)

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Who Are the Key Players Shaping the Additive Manufacturing Market's Competitive Landscape?
Major companies operating in the additive manufacturing market include 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., Print Parts Inc., Applied Rapid Technologies Corporation, 3DEO Inc.

What Geographic Markets Are Powering Growth in the Additive Manufacturing Market?
North America was the largest region in the additive manufacturing market in 2024. The regions covered in the additive manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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