Additive Manufacturing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for additive manufacturing. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.

Key Insights:

Additive Manufacturing Market Size (2024E): USD 25,899.3 Million
Projected Market Value (2033F): USD 183,715.79 Million
Global Market Growth Rate (CAGR 2024 to 2033): 21.6%

Additive Manufacturing Market - Report Scope:

Additive manufacturing, also known as 3D printing, plays a crucial role in various industries, including aerospace, automotive, healthcare, and consumer goods. This technology enables the creation of complex structures and geometries by adding material layer by layer, which enhances design flexibility, reduces waste, and shortens production times. The additive manufacturing market caters to a wide range of applications, from prototyping and tooling to direct part production, offering a variety of materials such as metals, polymers, ceramics, and composites.

Market Growth Drivers:

The global additive manufacturing market is propelled by several key factors, including the increasing demand for customized products, advancements in 3D printing technologies, and the growing adoption of additive manufacturing in the production of end-use parts. The ability to produce complex geometries that are not feasible with traditional manufacturing methods, along with the potential for significant cost savings and material efficiency, further drives market expansion. Additionally, the integration of additive manufacturing into supply chains to enhance production agility and the development of new materials suitable for 3D printing contribute to market growth.

Market Restraints:

Despite promising growth prospects, the additive manufacturing market faces challenges related to high initial setup costs, limited scalability for mass production, and intellectual property concerns. The high cost of advanced 3D printing equipment and materials poses a barrier to entry for small and medium-sized enterprises. Furthermore, the complexity of integrating additive manufacturing into existing production workflows and the need for skilled labor to operate and maintain 3D printing systems can hinder market adoption. Addressing these challenges requires continued innovation in cost-effective solutions, workforce training, and the establishment of standardized processes.

Market Opportunities:

The additive manufacturing market presents significant growth opportunities driven by technological innovations, industry collaborations, and the expansion of application areas. The development of hybrid manufacturing systems, which combine additive and subtractive processes, enhances production capabilities and broadens the market scope. Furthermore, the increasing use of additive manufacturing in healthcare for the production of personalized medical devices, implants, and bioprinting applications opens new avenues for market players. Strategic partnerships, investment in research and development, and the introduction of user-friendly, scalable 3D printing solutions are essential to capitalize on emerging opportunities and sustain market leadership in the dynamic additive manufacturing landscape.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the additive manufacturing market globally?
Which materials and applications are driving additive manufacturing adoption across different industries?
How are technological advancements reshaping the competitive landscape of the additive manufacturing market?
Who are the key players contributing to the additive manufacturing market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global additive manufacturing market?

Competitive Intelligence and Business Strategy:

Leading players in the global additive manufacturing market, including Stratasys Ltd., 3D Systems Corporation, and EOS GmbH, focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced 3D printing solutions, including multi-material printers, high-speed printing systems, and software for design optimization and process control. Collaborations with industry partners, academic institutions, and government agencies facilitate market access and promote technology adoption. Moreover, emphasis on sustainability, material innovation, and customer support fosters market growth and enhances application-specific solutions in the rapidly evolving additive manufacturing landscape.

Key Companies Profiled:

Reinshaw Plc
Materialise
Wipro Limited
ANSYS, Inc.
Siemens Industry Software Inc.
Evonik
Stratasys Ltd.
Xerox Corporation
General Electric
AMFG
Optomec
American Additive Manufacturing LLC
Mazak Corporation.

Key Segments Covered in Additive Manufacturing Market Industry Research

By Technology:

Powder Bed Fusion
Direct Energy Deposition
Material Jetting
Binder Jetting
Material Extrusion
Photo polymerization

By Application:

Medical
Automotive
Aerospace & Defence
Consumer Electronics
Architecture
Industrial Equipment
Education & Research Institutions

By Product Type:

Hardware
Material
Software

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa

Product Code: PMRREP11254

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies

5. Global Market - Pricing Analysis

5.1. Regional Pricing Analysis
5.2. Global Average Pricing Analysis Benchmark

6. Global Market Demand (in Value or Size in US$ Mn) Analysis 2019-2023 and Forecast, 2024-2033

6.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
6.2. Current and Future Market Value (US$ Mn) Projections, 2024-2033
- 6.2.1. Y-o-Y Growth Trend Analysis
- 6.2.2. Absolute $ Opportunity Analysis

7. Market Background

7.1. Macro-Economic Factors
- 7.1.1. Global GDP Growth Outlook
- 7.1.2. Global Chemical industry Overview
- 7.1.3. Manufacturing Value-Added
- 7.1.4. Industry Value Added
- 7.1.5. Parent Market Outlook
- 7.1.6. Other Macro-Economic Factors
7.2. Forecast Factors - Relevance & Impact
- 7.2.1. Top Companies Historical Growth
- 7.2.2. GDP Growth forecast
- 7.2.3. Manufacturing Industry forecast
- 7.2.4. Global Urbanization Growth Outlook
- 7.2.5. Business Climate
- 7.2.6. Covid-19 Impact Assessment
- 7.2.7. End-use Industry Growth Outlook
7.3. Value Chain
7.4. COVID-19 Crisis to Impact Assessment
- 7.4.1. Current Statistics
- 7.4.2. Short-Mid-Long Term Outlook
- 7.4.3. Likely Rebound
7.5. Market Dynamics
- 7.5.1. Drivers
- 7.5.2. Restraints
- 7.5.3. Opportunity Analysis
7.6. Global Supply Demand Analysis
7.7. Key Regulations & Certifications

8. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Technology

8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) Analysis By Technology, 2019-2023
8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Technology, 2024-2033
- 8.3.1. Powder bed fusion
- 8.3.2. Direct energy deposition
- 8.3.3. Material jetting
- 8.3.4. Binder jetting
- 8.3.5. Material extrusion
- 8.3.6. Photo polymerization
8.4. Market Attractiveness Analysis By Technology

9. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Application

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) Analysis By Application, 2019-2023
9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Application, 2024-2033
- 9.3.1. Medical
- 9.3.2. Aerospace & Defence
- 9.3.3. Automotive
- 9.3.4. Consumer Electronics
- 9.3.5. Architecture
- 9.3.6. Industrial Equipment
- 9.3.7. Education & Research Institutions
9.4. Market Attractiveness Analysis By Application

10. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Product Type

10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) Analysis By Product Type, 2019-2023
10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Product Type, 2024-2033
- 10.3.1. Hardware
  - 10.3.1.1. Polymers Machine
  - 10.3.1.2. Metal Machine
  - 10.3.1.3. Desktop Machine
- 10.3.2. Material
  - 10.3.2.1. Polymers & Composite
  - 10.3.2.2. Metal
  - 10.3.2.3. Ceramics
- 10.3.3. Software
10.4. Market Attractiveness Analysis By Product Type

11. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Region

11.1. Introduction
11.2. Historical Market Size (US$ Mn) Analysis By Region, 2019-2023
11.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2024-2033
- 11.3.1. North America
- 11.3.2. Latin America
- 11.3.3. Europe
- 11.3.4. Middle East and Africa (MEA)
- 11.3.5. East Asia
- 11.3.6. South Asia and Pacific
11.4. Market Attractiveness Analysis By Region

12. North America Market Analysis 2019-2023 and Forecast 2024-2033

12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
12.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 12.4.1. By Country
  - 12.4.1.1. U.S.
  - 12.4.1.2. Canada
- 12.4.2. By Technology
- 12.4.3. By Application
- 12.4.4. By Product Type
12.5. Market Attractiveness Analysis
- 12.5.1. By Country
- 12.5.2. By Technology
- 12.5.3. By Application
- 12.5.4. By Product Type
12.6. Market Trends
12.7. Key Market Participants - Intensity Mapping
12.8. Drivers and Restraints - Impact Analysis

13. Latin America Market Analysis 2019-2023 and Forecast 2024-2033

13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
13.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 13.4.1. By Country
  - 13.4.1.1. Brazil
  - 13.4.1.2. Mexico
  - 13.4.1.3. Rest of Latin America
- 13.4.2. By Technology
- 13.4.3. By Application
- 13.4.4. By Product Type
13.5. Market Attractiveness Analysis
- 13.5.1. By Country
- 13.5.2. By Technology
- 13.5.3. By Application
- 13.5.4. By Product Type
13.6. Market Trends
13.7. Key Market Participants - Intensity Mapping
13.8. Drivers and Restraints - Impact Analysis

14. Europe Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
14.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 14.4.1. By Country
  - 14.4.1.1. Germany
  - 14.4.1.2. Italy
  - 14.4.1.3. France
  - 14.4.1.4. U.K.
  - 14.4.1.5. Spain
  - 14.4.1.6. BENELUX
  - 14.4.1.7. Russia
  - 14.4.1.8. Rest of Europe
- 14.4.2. By Technology
- 14.4.3. By Application
- 14.4.4. By Product Type
14.5. Market Attractiveness Analysis
- 14.5.1. By Country
- 14.5.2. By Technology
- 14.5.3. By Application
- 14.5.4. By Product Type
14.6. Market Trends
14.7. Key Market Participants - Intensity Mapping
14.8. Drivers and Restraints - Impact Analysis

15. South Asia Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
15.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 15.4.1. By Country
  - 15.4.1.1. India
  - 15.4.1.2. Thailand
  - 15.4.1.3. Indonesia
  - 15.4.1.4. Malaysia
  - 15.4.1.5. Singapore
  - 15.4.1.6. Rest of South Asia
- 15.4.2. By Technology
- 15.4.3. By Application
- 15.4.4. By Product Type
15.5. Market Attractiveness Analysis
- 15.5.1. By Country
- 15.5.2. By Technology
- 15.5.3. By Application
- 15.5.4. By Product Type
15.6. Market Trends
15.7. Key Market Participants - Intensity Mapping
15.8. Drivers and Restraints - Impact Analysis

16. Oceania Market Analysis 2019-2023 and Forecast 2024-2033

16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
16.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 16.4.1. By Country
  - 16.4.1.1. Australia
  - 16.4.1.2. New Zealand
- 16.4.2. By Technology
- 16.4.3. By Application
- 16.4.4. By Product Type
16.5. Market Attractiveness Analysis
- 16.5.1. By Country
- 16.5.2. By Technology
- 16.5.3. By Application
- 16.5.4. By Product Type
16.6. Market Trends
16.7. Key Market Participants - Intensity Mapping
16.8. Drivers and Restraints - Impact Analysis

17. East Asia Market Analysis 2019-2023 and Forecast 2024-2033

17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
17.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 17.4.1. By Country
  - 17.4.1.1. China
  - 17.4.1.2. Japan
  - 17.4.1.3. South Korea
- 17.4.2. By Technology
- 17.4.3. By Application
- 17.4.4. By Product Type
17.5. Market Attractiveness Analysis
- 17.5.1. By Technology
- 17.5.2. By Application
- 17.5.3. By Product Type
17.6. Market Trends
17.7. Key Market Participants - Intensity Mapping
17.8. Drivers and Restraints - Impact Analysis

18. Middle East and Africa Market Analysis 2019-2023 and Forecast 2024-2033

18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
18.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 18.4.1. By Country
  - 18.4.1.1. GCC Countries
  - 18.4.1.2. Turkey
  - 18.4.1.3. Northern Africa
  - 18.4.1.4. South Africa
  - 18.4.1.5. Rest of Middle East and Africa
- 18.4.2. By Technology
- 18.4.3. By Application
- 18.4.4. By Product Type
18.5. Market Attractiveness Analysis
- 18.5.1. By Country
- 18.5.2. By Technology
- 18.5.3. By Application
- 18.5.4. By Product Type
18.6. Market Trends
18.7. Key Market Participants - Intensity Mapping
18.8. Drivers and Restraints - Impact Analysis

19. Country-wise Market Analysis 2024-2033

19.1. U.S. Market Analysis
- 19.1.1. By Technology
- 19.1.2. By Application
- 19.1.3. By Product Type
19.2. Canada Market Analysis
- 19.2.1. By Technology
- 19.2.2. By Application
- 19.2.3. By Product Type
19.3. Mexico Market Analysis
- 19.3.1. By Technology
- 19.3.2. By Application
- 19.3.3. By Product Type
19.4. Brazil Market Analysis
- 19.4.1. By Technology
- 19.4.2. By Application
- 19.4.3. By Product Type
19.5. Germany Market Analysis
- 19.5.1. By Technology
- 19.5.2. By Application
- 19.5.3. By Product Type
19.6. Italy Market Analysis
- 19.6.1. By Technology
- 19.6.2. By Application
- 19.6.3. By Product Type
19.7. France Market Analysis
- 19.7.1. By Technology
- 19.7.2. By Application
- 19.7.3. By Product Type
19.8. U.K. Market Analysis
- 19.8.1. By Technology
- 19.8.2. By Application
- 19.8.3. By Product Type
19.9. Spain Market Analysis
- 19.9.1. By Technology
- 19.9.2. By Application
- 19.9.3. By Product Type
19.10. Russia Market Analysis
- 19.10.1. By Technology
- 19.10.2. By Application
- 19.10.3. By Product Type
19.11. China Market Analysis
- 19.11.1. By Technology
- 19.11.2. By Application
- 19.11.3. By Product Type
19.12. Japan Market Analysis
- 19.12.1. By Technology
- 19.12.2. By Application
- 19.12.3. By Product Type
19.13. S. Korea Market Analysis
- 19.13.1. By Technology
- 19.13.2. By Application
- 19.13.3. By Product Type
19.14. India Market Analysis
- 19.14.1. By Technology
- 19.14.2. By Application
- 19.14.3. By Product Type
19.15. ASEAN Market Analysis
- 19.15.1. By Technology
- 19.15.2. By Application
- 19.15.3. By Product Type
19.16. Australia and New Zealand Market Analysis
- 19.16.1. By Technology
- 19.16.2. By Application
- 19.16.3. By Product Type
19.17. Turkey Market Analysis
- 19.17.1. By Technology
- 19.17.2. By Application
- 19.17.3. By Product Type
19.18. South Africa Market Analysis
- 19.18.1. By Technology
- 19.18.2. By Application
- 19.18.3. By Product Type

20. Market Structure Analysis

20.1. Market Analysis by Tier of Companies
20.2. Market Share Analysis of Top Players
20.3. Market Presence Analysis
- 20.3.1. By Regional footprint of Players
- 20.3.2. Product foot print of Players

21. Competition Analysis

21.1. Competition Dashboard
21.2. Competition Benchmarking
21.3. Competition Deep Dive
- 21.3.1. Renishaw Plc
  - 21.3.1.1. Overview
  - 21.3.1.2. Product Portfolio
  - 21.3.1.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.1.4. Sales Footprint
  - 21.3.1.5. Strategy Overview
- 21.3.2. Materialise
  - 21.3.2.1. Overview
  - 21.3.2.2. Product Portfolio
  - 21.3.2.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.2.4. Sales Footprint
  - 21.3.2.5. Strategy Overview
- 21.3.3. Wipro Limited
  - 21.3.3.1. Overview
  - 21.3.3.2. Product Portfolio
  - 21.3.3.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.3.4. Sales Footprint
  - 21.3.3.5. Strategy Overview
- 21.3.4. ANSYS, Inc.
  - 21.3.4.1. Overview
  - 21.3.4.2. Product Portfolio
  - 21.3.4.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.4.4. Sales Footprint
  - 21.3.4.5. Strategy Overview
- 21.3.5. Siemens Industry Software Inc.
  - 21.3.5.1. Overview
  - 21.3.5.2. Product Portfolio
  - 21.3.5.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.5.4. Sales Footprint
  - 21.3.5.5. Strategy Overview
- 21.3.6. Evonik
  - 21.3.6.1. Overview
  - 21.3.6.2. Product Portfolio
  - 21.3.6.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.6.4. Sales Footprint
  - 21.3.6.5. Strategy Overview
- 21.3.7. Stratasys Ltd.
  - 21.3.7.1. Overview
  - 21.3.7.2. Product Portfolio
  - 21.3.7.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.7.4. Sales Footprint
  - 21.3.7.5. Strategy Overview
- 21.3.8. Xerox Corporation
  - 21.3.8.1. Overview
  - 21.3.8.2. Product Portfolio
  - 21.3.8.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.8.4. Sales Footprint
  - 21.3.8.5. Strategy Overview
- 21.3.9. General Electric
  - 21.3.9.1. Overview
  - 21.3.9.2. Product Portfolio
  - 21.3.9.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.9.4. Sales Footprint
  - 21.3.9.5. Strategy Overview
- 21.3.10. AMFG
  - 21.3.10.1. Overview
  - 21.3.10.2. Product Portfolio
  - 21.3.10.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.10.4. Sales Footprint
  - 21.3.10.5. Strategy Overview
- 21.3.11. Optomec
  - 21.3.11.1. Overview
  - 21.3.11.2. Product Portfolio
  - 21.3.11.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.11.4. Sales Footprint
  - 21.3.11.5. Strategy Overview
- 21.3.12. American Additive Manufacturing LLC
  - 21.3.12.1. Overview
  - 21.3.12.2. Product Portfolio
  - 21.3.12.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.12.4. Sales Footprint
  - 21.3.12.5. Strategy Overview
- 21.3.13. Mazak Corporation.
  - 21.3.13.1. Overview
  - 21.3.13.2. Product Portfolio
  - 21.3.13.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.13.4. Sales Footprint
  - 21.3.13.5. Strategy Overview