As of the fourth quarter of 2023, the GDP growth rate of the Thai manufacturing sector contracted by 2.4 percent. The slowdown in the overall manufacturing rate was due to a decrease in both export and domestic production.

In November 2024, industrial production in Italy overall decreased by 1.5 percent compared to November 2023. Manufacturing of transport equipments and petroleum products recorded a drop by more than ten percent. On the contrary, electricity, and pharmaceuticals registered the highest growth rates. Impact on consumption and production The spring of 2020 recorded a very sharp decrease in industrial production and consumption. In terms of industrial production, some of the most impacted sectors by the coronavirus were the manufacture of textiles, apparel, leather, and accessories, as well as the manufacture of transport equipment. Similarly, consumption volume increased in March 2021 compared to one year ago. During the pandemic, the sectors of air transportation and leisure activities saw some of the largest drops in consumption. Recovery after COVID-19 Italy's economy has been strongly hit by the coronavirus pandemic, with Italy's GDP dropping consistently in 2020. Additionally, Italian exports are estimated to have decreased by over 15 percent. However, 2021 seems to be a year of recovery. The GDP is estimated to grow from three to four percent. The exports and imports are going to increase as well. Nevertheless, the next two years might experience an increase in unemployment rate, particularly during 2021.

Graph and download economic data for Manufacturing Sector: Labor Productivity (Output per Hour) for All Workers (OPHMFG) from Q1 1987 to Q1 2025 about per hour, output, sector, manufacturing, real, persons, and USA.

Switzerland GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at 4.560 % in 2017. This records an increase from the previous number of 1.758 % for 2016. Switzerland GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 1.758 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 8.304 % in 2011 and a record low of -10.016 % in 2009. Switzerland GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Switzerland – Table CH.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

In 2024, South Korea's gross domestic product (GDP) increased by two percent compared to the previous year, while the manufacturing sector grew by approximately four percent. The manufacturing sector plays a significant role in the South Korean economy and has been a key driver of rapid economic growth over the past few decades. Although manufacturing made vital contributions during the COVID-19 pandemic, its overall impact has slowed in recent years.

Graph and download economic data for Manufacturing Sector: Contribution of Research and Development (R&D) Intensity to Labor Productivity (MPU9900192) from 1987 to 2023 about R&D, contributions, productivity, sector, manufacturing, and USA.

Manufacturing Production in China increased 6.20 percent in May of 2025 over the same month in the previous year. This dataset provides - China Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Zimbabwe ZW: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at 1.000 % in 2017. This records an increase from the previous number of -3.978 % for 2016. Zimbabwe ZW: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging -0.127 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 20.941 % in 1994 and a record low of -17.100 % in 2008. Zimbabwe ZW: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Zimbabwe – Table ZW.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

Manufacturing Market Outlook

The global manufacturing market size is projected to grow from USD 3.2 trillion in 2023 to an estimated USD 5.4 trillion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.2% over the forecast period. This robust growth is driven by rapid technological advancements, increased automation, and the adoption of smart manufacturing practices.

One of the primary growth factors in the manufacturing market is the increasing integration of advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), and robotics. These technologies significantly enhance production efficiency, reduce operational costs, and improve product quality. IoT enables real-time monitoring and data analytics across manufacturing processes, leading to predictive maintenance and minimized downtime. Similarly, AI and machine learning algorithms contribute to optimized production schedules and quality control, thereby fostering overall productivity.

Another key growth factor is the rising demand for customized and high-quality products. Consumers today expect personalized solutions, compelling manufacturers to adopt flexible production techniques and agile supply chains. This shift towards customization is facilitated by advancements in 3D printing and additive manufacturing, which allow for the rapid prototyping and production of complex, tailored products. Moreover, the growing importance of sustainability and eco-friendly practices is pushing manufacturers to innovate and adopt green manufacturing processes, further driving market expansion.

The global push for Industry 4.0 is significantly contributing to market growth. Industry 4.0 encompasses the digitization of manufacturing through the use of smart technology, cyber-physical systems, and the industrial Internet of Things (IIoT). This transformation is leading to the creation of smart factories where real-time data, automation, and connectivity play crucial roles. Governments and private sector investments in smart manufacturing initiatives are also spurring the adoption of these advanced technologies, thereby accelerating growth in the manufacturing sector.

Manufacturing Analytics is becoming an indispensable tool for manufacturers aiming to enhance their operational efficiency and decision-making processes. By leveraging data from various stages of production, manufacturers can gain insights into machine performance, product quality, and supply chain dynamics. This data-driven approach allows for predictive maintenance, reducing downtime and optimizing resource allocation. Furthermore, manufacturing analytics facilitates real-time monitoring and control, enabling manufacturers to respond swiftly to changing market demands and production challenges. As the manufacturing industry continues to embrace digital transformation, the role of analytics in driving innovation and competitiveness is set to grow exponentially.

Regionally, Asia Pacific is expected to dominate the manufacturing market throughout the forecast period, driven by the rapid industrialization and economic growth of countries like China and India. The region's strong manufacturing base, coupled with substantial investments in technological advancements, positions it as a key player in the global manufacturing landscape. North America and Europe are also significant markets, driven by high adoption rates of advanced manufacturing technologies and strong regulatory support for innovation. Latin America and the Middle East & Africa are anticipated to witness moderate growth, fueled by increasing investments and gradual industrialization.

Component Analysis

The manufacturing market by component is segmented into software, hardware, and services. Software solutions are essential for managing and optimizing manufacturing processes. These include enterprise resource planning (ERP) systems, manufacturing execution systems (MES), and product lifecycle management (PLM) software. These tools help in streamlining operations, managing inventory, scheduling production, and ensuring compliance with industry regulations. The increasing complexity of manufacturing operations and the demand for real-time data analytics are driving the growth of the software segment.

Hardware components play a crucial role in the manufacturing process. They include machinery, sensors, controllers, and computer systems that facilitate automation and efficient production. The adopti

Historical chart and dataset showing India manufacturing output by year from 1960 to 2023.

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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 utiliz

In 2023, the gross domestic product growth rate for the food and beverage manufacturing sector in Indonesia was estimated to be around **** percent. Indonesia is one of the world's largest manufacturing nations. Its manufacturing sector employs almost a ***** of Indonesia's working-age population and accounts for nearly a ******* of the country's total GDP.

Key information about Ecuador Industrial Production Index Growth

• Ecuador Industrial production rose 30.3 % YoY in Sep 2020, following an increase of 20.7 % YoY in the previous month.
• Ecuador Industrial production index growth rate YoY data is updated monthly, available from Jan 2017 to Sep 2020, with an average rate of 3.1 %.
• The data reached an all-time high of 38.2 % in Jun 2020 and a record low of -26.5 % in Apr 2020.

Graph and download economic data for Manufacturing Sector: Labor Productivity (MPU9900063) from 1988 to 2023 about productivity, sector, labor, manufacturing, rate, and USA.

Industrial Production in Taiwan increased 22.60 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Taiwan Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Smart Manufacturing Technology Market Outlook

The global smart manufacturing technology market size is projected to grow from USD 255.2 billion in 2023 to USD 556.5 billion by 2032, at a compound annual growth rate (CAGR) of 9.1%. This growth is driven by the increasing adoption of Industry 4.0 technologies and the rising demand for automation across various industries.

The advent of Industry 4.0 has revolutionized manufacturing processes by integrating advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), and machine learning. These technologies enable real-time data collection, analysis, and decision-making, which enhances operational efficiency and productivity. Furthermore, the growing emphasis on reducing operational costs and improving product quality is propelling the adoption of smart manufacturing solutions. For instance, predictive maintenance powered by AI algorithms can significantly reduce downtime and maintenance costs by predicting equipment failures before they occur.

Another key growth factor for the smart manufacturing technology market is the increasing use of robotics and automation in manufacturing. Robotics enhances precision and efficiency, enabling manufacturers to achieve higher productivity levels with minimal human intervention. The integration of AI and machine learning with robotics further extends their capabilities, allowing for more sophisticated and adaptable manufacturing processes. Additionally, the ongoing advancements in sensors, connectivity, and data analytics are facilitating the development of more intelligent and autonomous robotic systems.

Government initiatives and policies aimed at promoting smart manufacturing are also contributing to market growth. Many countries are investing in smart manufacturing technologies to boost their industrial competitiveness and economic growth. For example, the European Union's "Factories of the Future" initiative and China's "Made in China 2025" strategy are focused on accelerating the adoption of advanced manufacturing technologies. These initiatives provide funding, incentives, and support for research and development, which are crucial for driving innovation and adoption in the smart manufacturing sector.

Regionally, North America and Europe are leading the smart manufacturing technology market, driven by the presence of advanced manufacturing industries and supportive government policies. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, primarily due to the rapid industrialization in countries like China and India. The increasing investments in smart factories and the rising adoption of advanced manufacturing technologies in the region are significant growth drivers. Moreover, the growing focus on digital transformation and the implementation of Industry 4.0 initiatives are further propelling the market growth in Asia Pacific.

Component Analysis

In the smart manufacturing technology market, the component segment is divided into hardware, software, and services. The hardware segment includes sensors, controllers, and other physical devices essential for the automation and monitoring of manufacturing processes. This segment is critical as it forms the backbone of any smart manufacturing setup, enabling real-time data collection and automation. The increasing demand for advanced sensors and controllers, driven by the need for precise and efficient manufacturing processes, is contributing to the growth of the hardware segment. Moreover, the ongoing advancements in sensor technologies and the integration of IoT are further enhancing the capabilities of hardware components in smart manufacturing.

The software segment in smart manufacturing technology encompasses various applications and platforms that facilitate data analysis, process optimization, and decision-making. Manufacturing Execution Systems (MES), Enterprise Resource Planning (ERP) systems, and Predictive Maintenance software are some examples of critical software in this segment. The growing need for real-time monitoring and analytics to improve operational efficiency and reduce downtime is driving the demand for sophisticated software solutions. Additionally, the integration of AI and machine learning algorithms into these software platforms is enabling more advanced and predictive capabilities, further boosting their adoption in the manufacturing sector.

The services segment includes consulting, implementation, and maintenance services that support the deployment

Industrial Production in Thailand increased 1.88 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Thailand Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Manufacturing, value added (annual % growth) in Cameroon was reported at 3.1262 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cameroon - Manufacturing, value added (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The rapid prototyping materials market is experiencing robust growth, driven by the increasing adoption of additive manufacturing (3D printing) across diverse industries. The market's Compound Annual Growth Rate (CAGR) exceeding 7% from 2019 to 2024 indicates a significant upward trajectory, projected to continue through 2033. Key drivers include the need for faster product development cycles, reduced prototyping costs, and the ability to create complex geometries previously unattainable through traditional manufacturing methods. The automotive, aerospace and defense, and medical sectors are major contributors, leveraging rapid prototyping for functional prototypes, tooling, and customized medical implants. The dominance of ceramics, metals and alloys, and plastics in material type segmentation reflects the versatility demanded by various applications. However, high material costs and the need for specialized equipment and expertise present some restraints to broader market penetration. Emerging trends include the development of biocompatible materials for medical applications and the exploration of sustainable and environmentally friendly materials to address growing concerns about the environmental impact of manufacturing. The Asia-Pacific region, particularly China and India, is expected to witness substantial growth due to increasing industrialization and investment in advanced manufacturing technologies. North America and Europe remain significant markets, driven by established industries and robust research and development activities. The competitive landscape is marked by the presence of both established materials suppliers and 3D printing equipment manufacturers, highlighting the integrated nature of this market. Companies like 3D Systems, Arkema, and EOS are at the forefront, continuously innovating to improve material properties and expand application possibilities. The market's future hinges on advancements in material science, the integration of artificial intelligence in design and manufacturing processes, and the development of more efficient and cost-effective 3D printing technologies. The continued expansion of additive manufacturing across various sectors and the growing focus on customized solutions will ensure sustained growth in the coming years, promising a substantial market size by 2033. While precise figures for 2025 and beyond require detailed market research, the current trajectory strongly suggests a continuously expanding market. This comprehensive report provides an in-depth analysis of the Rapid Prototyping Materials Market, offering valuable insights into market size, growth drivers, challenges, and future trends. The study period covers 2019-2033, with 2025 as the base year and a forecast period extending to 2033. The market is segmented by material type (Ceramics, Metals and Alloys, Plastics, Other Types), end-user industry (Automotive, Aerospace and Defense, Medical, Electronics, Construction, Other End-user Industries), and key players like 3D Systems Inc, Arkema, CRS Holdings Inc, DSM, EOS, GENERAL ELECTRIC, Höganäs AB, Oxford Performance Materials, Renishaw plc, and Sandvik AB. The market is expected to reach a valuation of XXX million by 2033, showcasing significant growth potential. This report is crucial for businesses, investors, and researchers seeking a comprehensive understanding of this dynamic market. Key drivers for this market are: , Increasing Applications for the Medical Industry; Growing Demand from the Manufacturing Sector. Potential restraints include: , Increasing Applications for the Medical Industry; Growing Demand from the Manufacturing Sector. Notable trends are: Growing Demand from the Manufacturing Sector.

Industrial Production in Serbia increased 4.40 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Serbia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.