Metal Additive Manufacturing Market Report 2025

The metal additive manufacturing market size has grown rapidly in recent years. It will grow from $5.29 billion in 2024 to $6.11 billion in 2025 at a compound annual growth rate (CAGR) of 15.4%. The growth in the historic period can be attributed to global industrialization, increased adoption in the automotive sector, increased aerospace sector, growing healthcare sector, increased manufacturing sector.

The metal additive manufacturing market size is expected to see rapid growth in the next few years. It will grow to $11.49 billion in 2029 at a compound annual growth rate (CAGR) of 17.1%. The growth in the forecast period can be attributed to growing dental industry, growing educational institutions, improved efficiency, increasing focus on reduced costs, increasing focus on reduced weight. Major trends in the forecast period include advancements in 3d printing, integration of automation and streamlined workflows, technological innovations, product innovations.

The adoption of metal additive manufacturing technologies in the aerospace industry is expected to drive growth in the metal additive manufacturing market in the future. The aerospace sector involves the design, development, production, operation, and maintenance of aircraft, spacecraft, satellites, and related components. In this industry, metal additive manufacturing is utilized to create lightweight components, which helps reduce the weight of aircraft and spacecraft, improve fuel efficiency, and decrease emissions. For example, a report from the Australian Bureau of Statistics in May 2024 indicated that manufacturing industries in Australia experienced an increase in EBITDA, rising to 51,574 in 2022 from 50,446 in 2021. Therefore, the growing adoption of metal additive manufacturing technologies within the aerospace industry is fueling demand for the metal additive manufacturing market.

The rising demand for electric vehicles (EVs) is expected to drive growth in the metal additive manufacturing market in the coming years. Electric vehicles are powered by one or more electric motors using energy from an onboard battery pack. Metal additive manufacturing (AM) plays a crucial role in the advancement of EVs by enabling on-demand production, reducing reliance on complex supply chains, and facilitating localized manufacturing, which is especially advantageous for low-volume EV models. For example, a report from the U.S. Energy Information Administration in November 2023 indicated that the share of battery-electric vehicles (BEVs) in new light-duty vehicle sales reached 17.7% in the third quarter of 2023. BEVs accounted for 16% of total new vehicle sales so far this year, an increase from 12.5% in 2022 and 9% in 2021. Therefore, the growing demand for electric vehicles is propelling the growth of the metal additive manufacturing market.

The integration of robots in additive manufacturing emerges as a prominent trend gaining popularity in the metal additive manufacturing market. Major companies in this market are actively implementing robotics technologies to enhance productivity and expand their market presence. For example, in November 2022, ADDiTEC, a US-based provider of metal additive manufacturing solutions, introduced the AMRC-P (additive manufacturing robot cell-portable), a fully automated robotic metal AM system. This system, adaptable to any industrial robot, comes equipped with cutting-edge software tools supporting intricate multi-axis geometries. The customizable software allows customers to meet their specific parameter requirements, making printing more accessible for both experienced users and beginners.

Key players in the metal additive manufacturing market are focusing on innovative technologies such as 3D printing to boost productivity and enhance their market positions. 3D printing, a foundational technology in additive manufacturing, is driving growth across industries with its versatility, design flexibility, and capacity to produce intricate structures. In November 2022, DNV GL, a Norway-based expert in assurance and risk management, introduced a new Additive Manufacturing service specification aimed at supporting the digital transformation of the energy industry. This specification defines DNV's AM qualification scheme, ensuring quality and integrity throughout the AM value chain. The focus is on building confidence in AM technology, emphasizing safety and quality standards to foster industry acceptance and unlock its potential in disrupting industrial operations and maintenance.

In August 2022, Markforged, a US-based additive manufacturing company, acquired Digital Metal from Höganäs AB for $32 million, reinforcing its position in metal additive production. This acquisition adds spraying binder methods to Markforged's existing metal stamping capabilities. Digital Metal, based in Sweden, specializes in manufacturing 3D metal printers using binder-jetting technology.

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.

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

Metal additive manufacturing, also referred to as metal 3D printing, involves the creation of robust and intricate components through the use of a computer-aided design (CAD) application or by generating a 3D scan of the product. This method assists manufacturers in enhancing productivity, reducing waste, minimizing emissions, and expediting the time it takes for more durable and lightweight products to enter the market.

The primary types of metal additive manufacturing encompass selective laser melting (SLM), electron beam melting (EBM), powder bed fusion, sheet lamination, directed energy deposition, and binder jetting. Selective laser melting (SLM) is a specific 3D printing technique utilizing a high-power density laser to fully melt and fuse metallic powders, resulting in objects that are nearly net-shaped and nearly full-density. The various components within this domain include systems, materials, services, and parts, all utilized across diverse applications such as the automotive industry, aerospace industry, healthcare and dental sector, tools and mold manufacturing, academic institutions, and others.

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

The metal additive manufacturing market includes revenues earned by entities by material jetting, vat photopolymerization, material extrusion, and bound powder extrusion. 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.

This product will be delivered within 3-5 business days.