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Metal Additive Manufacturing Market Size 2025-2029

The metal additive manufacturing market size is valued to increase USD 18.67 billion, at a CAGR of 29.7% from 2024 to 2029. Increased preference for additive manufacturing will drive the metal additive manufacturing market.

Major Market Trends & Insights

North America dominated the market and accounted for a 42% growth during the forecast period.
By Type - Selective laser melting segment was valued at USD 2.01 billion in 2023
By Application - Aerospace segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 771.10 million
Market Future Opportunities: USD 18667.90 million
CAGR : 29.7%
North America: Largest market in 2023

Market Summary

The market encompasses the production of three-dimensional metal components using additive manufacturing technologies. This sector is characterized by continuous evolution, driven by advancements in core technologies such as Selective Laser Melting (SLM) and Electron Beam Melting (EBM), which enable the production of complex geometries and high-performance alloys. Applications span industries like aerospace, automotive, and healthcare, with service types including design, engineering, and post-processing gaining traction. Despite the advantages of additive manufacturing, challenges persist, including high production costs. However, the market's potential is vast, with The market share in the industrial 3D printing sector projected to reach 28% by 2025, according to recent market research.
The ongoing development of new materials and increased industry adoption further underscores the market's dynamism and potential for growth.

What will be the Size of the Metal Additive Manufacturing Market during the forecast period?

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How is the Metal Additive Manufacturing Market Segmented and what are the key trends of market segmentation?

The metal additive manufacturing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Selective laser melting
  Electron beam melting


Application

  Aerospace
  Healthcare
  Tools and mold
  Automobile
  Others


Component

  Systems
  Materials
  Service and parts


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The selective laser melting segment is estimated to witness significant growth during the forecast period.

Metal additive manufacturing, a cutting-edge technology, is revolutionizing industries with its capacity to create complex metal parts layer by layer. The market is currently experiencing significant growth, with selective laser melting (SLM) being the largest segment. SLM, an additive manufacturing process, utilizes a high-powered laser to melt and fuse metal powders, resulting in parts with isotropic thermal and mechanical properties. This method produces strong and durable components, primarily from metals like titanium alloys, nickel alloys, stainless steel, and cobalt chrome alloys. SLM's market dominance is expected to persist due to its ability to create high-strength steel, aluminum alloys, and other advanced materials with superior mechanical properties.

SLM's applications extend across various sectors, including aerospace, automotive, healthcare, and energy. The market for metal additive manufacturing is projected to expand further, with industry experts anticipating a 21.3% increase in demand for metal 3D printing in the automotive sector by 2025. Additionally, the market for aerospace applications is projected to grow by 25.5% during the same period. SLM's process parameters, such as scan speed, energy density, and layer thickness, are crucial in ensuring the quality of the final product. Post-processing techniques, including heat treatment, surface roughness reduction, and microstructure analysis, are essential for optimizing the mechanical properties of the printed parts.

Quality control measures, such as build parameters and defect detection, are also essential to ensure the reliability and consistency of the final product. Emerging technologies, like electron beam melting and binder jetting, are gaining traction in the market due to their unique advantages. For instance, electron beam melting offers higher resolution and better surface finish, making it suitable for producing high-precision components. Binder jetting, on the other hand, uses a liquid binder to bind metal powders, enabling the production of large, complex parts. In conclusion, The market is experiencing robust gr

In 2023, the additive manufacturing industry in the Asia-Pacific region amounted to over *** billion U.S. dollars. The additive manufacturing market in the Asia-Pacific region was forecast to reach ** billion U.S. dollars in 2028.

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Additive Manufacturing Market Size 2025-2029

The additive manufacturing market size is forecast to increase by USD 46.76 billion at a CAGR of 23.9% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by the high demand in the medical device sector for customized and complex components. This trend is further fueled by increasing consumer interest in personalized, 3D-printed products across various industries. However, the market growth is not without challenges. The high initial cost of setting up additive manufacturing facilities remains a significant barrier for entry, limiting the number of players and potentially hindering market penetration. Moreover, the technology's limited material options and the need for specialized expertise pose additional challenges.
To capitalize on the market opportunities and navigate these challenges effectively, companies must focus on collaborations, strategic partnerships, and continuous innovation to reduce costs, expand material offerings, and improve production efficiency. By staying abreast of the latest industry developments and trends, businesses can position themselves to succeed in this dynamic and evolving market.

What will be the Size of the Additive Manufacturing Market during the forecast period?

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The market continues to experience significant growth and innovation, driven by the increasing adoption of industrial 3d printing technologies in various industries. The market's size is projected to expand at a robust rate, with the automotive and industrial segments leading the charge. Technologies such as fuse deposition modeling, stereolithography, and selective laser sintering are gaining popularity due to their ability to produce complex geometries and reduce production expenses. The market is also witnessing increased regulatory scrutiny, leading to the development of certification standards and quality assurance protocols. The integration of advanced scanning software and design software capabilities is enabling more precise and efficient manufacturing processes.
Mergers & acquisitions and collaboration agreements are common as companies seek to expand their offerings and enhance their competitive positions. Despite the advancements, challenges remain, including the need for installation services, addressing the skills gap, and ensuring compatibility with traditional manufacturing methods. Desktop additive manufacturing and desktop 3d printers are also gaining traction for prototyping and educational purposes. The market's future direction lies in the continued development of more advanced technologies, improved design software, and the expansion of applications beyond prototyping to production. The shift from subtractive manufacturing methods to additive manufacturing is transforming industries, offering new opportunities for innovation and cost savings.
The market's dynamics are shaped by ongoing technological advancements, regulatory developments, and industry 4.0 trends.

How is this Additive Manufacturing Industry segmented?

The additive manufacturing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Component

  Hardware
  Software
  Services


End-user

  Automotive
  Aerospace
  Industrial
  Healthcare
  Defense
  Consumer Goods
  Education/Research
  Others


Material

  Plastics
  Metals
  Ceramics
  Others


Technology

  Stereolithography
  Polyjet printing
  Binder jetting
  Laser sintering
  Fused Deposition Modeling (FDM)
  Direct Metal Laser Sintering (DMLS)
  Electron Beam Melting (EBM)
  Directed Energy Deposition (DED)
  Others
  Binder jetting


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Spain
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Middle East and Africa

    UAE


  Rest of World

By Component Insights

The hardware segment is estimated to witness significant growth during the forecast period.

Additive manufacturing, also known as 3D printing, is revolutionizing industrial production by enabling the creation of complex parts layer-by-layer. The market for this technology is in a high-growth stage, driven by the increasing adoption in industries such as aerospace, automotive, healthcare, and manufacturing. Industrial 3D printers, which use technologies like Fused Deposition Modeling (FDM), Stereolithography, Selective Laser Sintering (SLS), and Digital Light Processing (DLP), are at the heart of this process. These printers offer advantages such as enhanced material usage, functional parts precision, and reduced production expenses. The dental industry and education sector are witnessing significant growth in the utilization

According to Cognitive Market Research, the global Additive Manufacturing Market was USD 18.5 billion in 2024 and expand at a compound annual growth rate (CAGR) of 19.2% from 2024 to 2031. Market Dynamics of Additive Manufacturing Market

Key Drivers for Additive Manufacturing Market

Environmental Benefits of Additive Manufacturing - Businesses striving to improve manufacturing sustainability have an advantage thanks to additive manufacturing's positive environmental effects. Additive manufacturing has a number of environmental benefits over traditional production. The two most significant examples are energy and waste reduction. In comparison to traditional production techniques, additive manufacturing technologies are more effective and have a significantly lower environmental impact on waste products. Additive manufacturing is more material efficient since it only uses what is needed to build a product. Additive manufacturing has a number of environmental advantages over conventional production. The two most notable ones are energy efficiency and waste reduction. As a result, as manufacturers begin to focus on development while addressing sustainability, the industry is predicted to grow while also providing environmental benefits. Emergence of power bed fusion

Key Restraints for Additive Manufacturing Market

Limited supply of materials for additive manufacturing Intellectual property protection-related concerns Introduction of Additive Manufacturing Market

Additive manufacturing, sometimes known as 3D printing, is revolutionizing production across industries. Unlike traditional subtractive procedures, which use molds, dies, or machining, this cutting-edge manufacturing technique constructs products layer by layer, utilizing digital 3D design data. Additive manufacturing provides game-changing benefits by allowing for on-demand and customizable production without the need for setup costs. Also, there are some key driving factors; the influx of investments and money into 3D printing companies and startups promotes innovation, which is thought to be a growth factor for the market's expansion. Moreover, industries such as defense and aerospace are employing 3D printing to create lightweight components and complex parts, lowering fuel consumption and increasing efficiency. The increase in end-users in the market is expected to drive market growth.

Additive Manufacturing Market size was valued at USD 76 Billion in 2023 and is projected to reach USD 111.6 Billion by 2031, growing at a CAGR of 21% during the forecasted period 2024 to 2031.

Global Additive Manufacturing Market Drivers

The market drivers for the Additive Manufacturing Market can be influenced by various factors. These may include:

Improved Printing Speeds and Resolution: Advances in 3D printing technology have led to faster printing speeds and higher resolution. Innovations like multi-material printing and improved layer bonding techniques are helping AM processes deliver higher-quality end-products at a quicker rate.

Reduction in Waste: Additive manufacturing is inherently more sustainable than traditional manufacturing processes. Unlike subtractive methods that often waste raw materials (e.g., cutting, drilling, milling), AM only uses the necessary amount of material, reducing waste and lowering material costs.

Additive Manufacturing Market Size, Share, Forecast, & Trends Analysis by Offering (Hardware, Materials, Services) Technology (FDM, DMLS, SLA, SLS, Polyjet, DED) End User (Consumer, Electronics, Healthcare, Automotive, Aerospace) – Global Forecast to 2031

The Hybrid Additive Manufacturing Machine Market report segments the industry into End-User Industry (Aerospace & Defense, Energy & Power, Electronics, Medical, Automotive, Other End-User Industries) and Geography (North America, Europe, Asia-Pacific, Rest of the World). This report provides five years of historical data and five-year market forecasts.

The Additive Manufacturing Market size is expected to reach a valuation of USD 150.1 billion in 2033 growing at a CAGR of 24.10%. The Additive Manufacturing Market research report classifies market by share, trend, demand, forecast and based on segmentation.

Get key insights on Market Research Intellect's Additive Manufacturing Market Report: valued at USD 15.4 billion in 2024, set to grow steadily to USD 37.2 billion by 2033, recording a CAGR of 10.5%.Examine opportunities driven by end-user demand, R&D progress, and competitive strategies.

The Additive Manufacturing Market will grow from USD 77.10 Billion in 2024 to USD 267.24 Billion by 2030 at a 23.02% CAGR.

The North America Additive Manufacturing Market reached USD 7.46B in 2023 and is projected to hit USD 30.32B by 2030, growing at a CAGR of 20.7%

The global additive manufacturing market is projected to reach a valuation of USD 35 billion by 2033, growing at a compound annual growth rate (CAGR) of 20% from 2025 to 2033.

Global metal powders for additive manufacturing market size was $517.02 million in 2024 & is projected to reach $2361.61 million by 2034, CAGR of 20.91% from 2025 - 2034.

The global aerospace additive manufacturing market is estimated to grow in the forecast period of 2025-2034 at a CAGR of 19.70%.

Additive Manufacturing in Semiconductor Market Report Segments the Industry Into by Component (Hardware, Software, Services), Material (Polymer, Metal, and More), Technology (Stereo Lithography, Fused Deposition Modeling and More), Semiconductor Process Stage (Test and Metrology Fixtures, Clean-Room Tooling and Jigs and More), End-Use Equipment Type (Lithography Systems, Deposition and Etch Tools and More), and by Geography.

Discover the booming 3D printing additive manufacturing market! Explore key trends, drivers, and restraints impacting this rapidly expanding industry, with projections to 2033, featuring analysis of leading companies like Stratasys and 3D Systems.

Get key insights on Market Research Intellect's Oil And Gas Additive Manufacturing Market Report: valued at USD 2.5 billion in 2024, set to grow steadily to USD 6.2 billion by 2033, recording a CAGR of 11.0%.Examine opportunities driven by end-user demand, R&D progress, and competitive strategies.

Market Research Intellect's Metal Powder Additive Manufacturing Market Report highlights a valuation of USD 2.5 billion in 2024 and anticipates growth to USD 7.1 billion by 2033, with a CAGR of 15.3% from 2026-2033.Explore insights on demand dynamics, innovation pipelines, and competitive landscapes.

In 2019, some ** percent of sales revenue in the additive manufacturing market worldwide was generated by the automobile industry. Another ** percent were generated by the manufacturing industry, while the global aerospace industry accounted for ** percent of the total sales revenue.

The size of the Ceramic Additive Manufacturing Market market was valued at USD 674.52 Million in 2024 and is projected to reach USD 3180.51 Million by 2033, with an expected CAGR of 24.8% during the forecast period. Key drivers for this market are: Rise in number of construction activities across the globe High-performance applications in aerospace & defense . Potential restraints include: Growth in 3d printed products . Notable trends are: RISE IN NUMBER OF CONSTRUCTION ACTIVITIES ACROSS THE GLOBE.