Additive Manufacturing Market Report 2025

The additive manufacturing market size has grown exponentially in recent years. It will grow from $19.34 billion in 2024 to $23.42 billion in 2025 at a compound annual growth rate (CAGR) of 21.1%. The growth in the historic period can be attributed to prototyping and rapid prototyping needs, customization and complex geometries, reduced material waste, aerospace and healthcare industry adoption, cost-effective low-volume production.

The additive manufacturing market size is expected to see exponential growth in the next few years. It will grow to $50.49 billion in 2029 at a compound annual growth rate (CAGR) of 21.2%. The growth in the forecast period can be attributed to mass customization demands, healthcare advancements and bioprinting, expanded applications in automotive and energy, integration with traditional manufacturing, regulatory support and standards development. Major trends in the forecast period include Industry 4 and digitalization, materials innovation, technological advancements in 3D printing, multi-material and hybrid printing.

The rising demand for 3D printing is poised to significantly drive the growth of the additive manufacturing market in the foreseeable future. 3D printing, the process of fabricating three-dimensional solid objects from digital files, serves as a cost-effective and versatile method for producing customized parts and plays a crucial role in preoperative planning. According to data from AZoNetwork UK Ltd., a UK-based marketing science company, over 2.2 million 3D printers were shipped in 2021, and this figure is projected to surge to 21.5 million by the year 2030. This substantial increase in 3D printer shipments underscores the growing demand for 3D printing technologies, serving as a key driver for the expansion of the additive manufacturing market.

The growth of the aerospace and defense industry is anticipated to drive the expansion of the additive manufacturing market in the coming years. This industry focuses on the production, development, and maintenance of aircraft, spacecraft, and military defense systems. Additive manufacturing is utilized for rapid prototyping, the production of lightweight components, and the fabrication of complex geometries, thereby enhancing design flexibility and operational efficiency within the aerospace and defense sector. For example, in September 2024, the Aerospace Industries Association, a US-based government agency, reported that in 2023, the U.S. aerospace and defense sector achieved a significant milestone by surpassing $955 billion in sales, reflecting a 7.1 percent increase from the prior year. Thus, the expansion of the aerospace and defense industry is propelling the additive manufacturing market.

Major companies in the additive manufacturing market are concentrating on the development of innovative techniques, such as digital additive-manufacturing technology, to enhance production efficiency. Digital additive manufacturing technology involves creating three-dimensional objects by layering materials according to digital models, which facilitates complex geometries and customization while improving production efficiency and minimizing material waste. For example, in February 2022, Mitsubishi Electric Corporation, a Japan-based electronics firm, introduced the AZ600 wire-laser metal 3D printer. This printer uses laser technology to melt welding wire, allowing for the creation of high-quality 3D structures with precision. It features simultaneous 5-axis spatial control, which boosts manufacturing efficiency and reduces energy consumption and waste.

Leading companies in the additive manufacturing sector are focusing on creating advanced platforms, such as deployable robotic systems, to enhance efficiency and gain a competitive advantage in the market. A deployable robotic system is a mobile and adaptable set of robots designed for quick deployment and versatile application across various environments. For instance, in November 2023, ADDiTEC, a US-based innovator in advanced metal additive manufacturing, launched AMDroid and Hybrid3, advanced additive manufacturing platforms aimed at improving precision, efficiency, and versatility in the industry. AMDroid is a deployable robotic system capable of working with various materials, including titanium, and features high deposition rates for mass production, providing on-demand manufacturing with easy installation. Hybrid3 combines Liquid Metal Jetting (LMJ) and Laser Directed Energy Deposition (LDED) with CNC machining, offering precision, speed, and material flexibility. The multi-material capability of Hybrid3 integrates LMJ and LDED heads into a single system, enabling the production of complex components with diverse materials and properties.

In September 2024, Nano Dimension, a US-based 3D manufacturing company, acquired Markforged Holding Corporation for approximately $115 million. This acquisition is aimed at bolstering Nano Dimension's position in the additive manufacturing market by merging Markforged's expertise in metal and composite 3D printing with its advanced electronics printing technologies. This strategic initiative is expected to enhance their product offerings, stimulate innovation, and broaden their market reach, positioning the combined entity as a leading player capable of delivering comprehensive solutions across multiple industries, including aerospace, automotive, and electronics. Markforged Holding Corporation is a US-based company specializing in additive manufacturing, particularly focusing on 3D printing technologies for producing high-strength parts and components.

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.

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. The countries covered in the additive manufacturing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Additive manufacturing, also known as 3D printing, involves the process of synthesizing materials to produce three-dimensional objects based on three-dimensional (3D) model data. Layer by layer, additive manufacturing builds the desired product until completion. A key advantage of this method is its utilization of only the necessary materials for each component, significantly minimizing production waste in the manufacturing process.

Additive manufacturing encompasses several key technologies, including stereolithography (SLA), polyjet printing, binder jetting printing, laser sintering, electron beam melting, fused deposition modeling (FDM), laminated object manufacturing (LOM), thermal dimensional printing, and other related methods. Stereolithography (SLA), specifically, is an additive manufacturing technique utilized to produce robust prototypes, patterns, and items based on CAD blueprints. Various materials such as plastics, metals, ceramics, and others find application in additive manufacturing across diverse industries. These industries include aerospace, automotive, consumer products, healthcare, government and defense, industrial and business machines, education and research, among others.

The additive manufacturing market research report is one of a series of new reports that provides additive manufacturing market statistics, including additive manufacturing industry global market size, regional shares, competitors with an additive manufacturing market share, detailed additive manufacturing market segments, market trends, and opportunities, and any further data you may need to thrive in the additive manufacturing industry. This additive manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The additive manufacturing market includes revenues earned by entities by providing additive manufacturing services such as technical consulting, design, post-processing, and custom material development. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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