The annual growth rate for industrial production in India recovered and registered a growth rate of over five percent in the financial year 2023. The IIP growth rate is expected to increase to nearly six percent in 2024.
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.
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Key information about Brazil Industrial Production Index Growth
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Portugal PT: GDP: Growth: Gross Value Added: Industry data was reported at 3.452 % in 2017. This records an increase from the previous number of 0.583 % for 2016. Portugal PT: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 0.683 % from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 7.492 % in 1996 and a record low of -8.891 % in 2009. Portugal PT: GDP: Growth: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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.
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Industry (including construction), value added (annual % growth) in World was reported at 2.2628 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. World - Industry, value added (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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According to Cognitive Market Research, the global industrial software market size will be USD 22624.8 million in 2025. It will expand at a compound annual growth rate (CAGR) of 17.50% from 2025 to 2033.
North America held the major market share for more than 37% of the global revenue with a market size of USD 8371.18 million in 2025 and will grow at a compound annual growth rate (CAGR) of 15.3% from 2025 to 2033.
Europe accounted for a market share of over 29% of the global revenue with a market size of USD 6561.19 million.
APAC held a market share of around 24% of the global revenue with a market size of USD 5429.95 million in 2025 and will grow at a compound annual growth rate (CAGR) of 19.5% from 2025 to 2033.
South America has a market share of more than 3.8% of the global revenue with a market size of USD 859.74 million in 2025 and will grow at a compound annual growth rate (CAGR) of 16.5% from 2025 to 2033.
Middle East had a market share of around 4.00% of the global revenue and was estimated at a market size of USD 904.99 million in 2025 and will grow at a compound annual growth rate (CAGR) of 16.8% from 2025 to 2033.
Africa had a market share of around 2.20% of the global revenue and was estimated at a market size of USD 497.75 million in 2025 It will grow at a compound annual growth rate (CAGR) of 17.2% from 2025 to 2033.
Al in manufacturing is the fastest growing segment of the industrial software market industry
Market Dynamics of Industrial Software Market
Key Drivers for Industrial Software Market
Rise of Industry 4.0 and Smart Manufacturing To Boost Market Growth
The advent of Industry 4.0 is revolutionizing how industries operate by integrating advanced technologies such as IoT, AI, machine learning, robotics, and cloud computing. As manufacturers increasingly digitize their operations, the demand for industrial software—such as Manufacturing Execution Systems (MES), SCADA, and Product Lifecycle Management (PLM)—is accelerating. These solutions enable real-time monitoring, predictive maintenance, and automated decision-making, which significantly enhance productivity and reduce downtime. Industrial software also supports integration across the value chain, from design and engineering to production and supply chain management. Governments and private players alike are investing heavily in smart factory initiatives, further boosting software adoption. Additionally, software-based automation helps address labour shortages and skill gaps by reducing reliance on manual processes. The push for operational agility, product customization, and cost efficiency continues to drive the shift toward intelligent software systems across all sectors. In November 2024, China surpassed Germany in industrial robot usage, now ranking third globally with 470 robots per 10,000 workers, reflecting its significant investment in automation to enhance manufacturing capabilities.
Growing Demand for Predictive Maintenance and Real-Time Monitoring To Boost Market Growth
Industrial operations are increasingly turning to predictive maintenance and real-time asset monitoring to maximize uptime and reduce maintenance costs. Traditional reactive or time-based maintenance approaches often lead to unplanned downtimes and increased operational risks. In contrast, industrial software integrated with IoT sensors and analytics platforms enables early detection of anomalies in equipment performance. This allows operators to schedule maintenance only when necessary, extending asset life and avoiding costly disruptions. Real-time dashboards, alert systems, and AI-powered insights provide a holistic view of plant performance, facilitating data-driven decision-making. Industries such as oil & gas, manufacturing, power generation, and logistics are among the top adopters of such technologies. The economic benefit of avoiding system failures—combined with better regulatory compliance and safety assurance—is making predictive software tools a critical component in modern industrial strategy. As a result, companies are investing in platforms that offer condition monitoring, digital twins, and remote diagnostics.
Restraint Factor for the Industrial Software Market
High Implementation and Integration Costs, Will Limit Market Growth
One of the primary restr...
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Croatia HR: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at -0.962 % in 2023. This records a decrease from the previous number of 6.783 % for 2022. Croatia HR: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 2.573 % from Dec 1996 (Median) to 2023, with 28 observations. The data reached an all-time high of 10.348 % in 2021 and a record low of -11.901 % in 2009. Croatia HR: 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 Croatia – Table HR.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 2015 prices, expressed in U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 10-33. 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 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
As of 2020, the annual growth rate of the low-code industry in China was roughly 80 percent, and the upward trend was estimated to continue at least until 2025. The market size of China's low-code industry amounted to almost 1.6 billion yuan in 2020 and was forecasted to increase to over 13 billion yuan at a compound annual growth rate of 52.6 percent in the coming years.
The branch of the Italian industry dedicated to the manufacturing of electric sign boards and other electrical equipment experienced a production value growth of 9.6 percent in 2017. According to the data provided by Prometeia the production value generated by this branch of the manufacturing industry was supposed to keep on growing until 2021, yet less remarkably than in 2017.
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Madagascar MG: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at -10.111 % in 2009. This records a decrease from the previous number of 21.425 % for 2008. Madagascar MG: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 2.685 % from Dec 1985 (Median) to 2009, with 25 observations. The data reached an all-time high of 21.425 % in 2008 and a record low of -20.737 % in 2002. Madagascar MG: 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 Madagascar – Table MG.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.
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Vietnam VN: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at 14.400 % in 2017. This records an increase from the previous number of 11.900 % for 2016. Vietnam VN: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 11.106 % from Dec 1986 (Median) to 2017, with 32 observations. The data reached an all-time high of 14.400 % in 2017 and a record low of -21.839 % in 2010. Vietnam VN: 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 Vietnam – Table VN.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.
This statistic shows the annual growth rate in production value of the communication equipment manufacturing industry in Italy in 2017, as well as the forecasted figures from 2018 to 2021. In 2017, the production value of this industry increased by 0.3 percent. According to the estimates provided by Prometeia, 2019 will be the best year for the communication equipment manufacturing industry in terms of production value growth.
In 2024, Cambodia's industrial value added rose by *** percent from the previous year. In contrast, the industrial value added in Cambodia increased by *** percent over the previous year in 2023.
In 2023, the total regional gross domestic product (GDP) of Shanghai municipality in China increased by real five percent compared to the previous year. The public administration, social security, and social organizations sector indicated the highest growth rate of all industry sectors with 3.7 percent that year.
In 2021, the market size of the maternal and childcare products in China increase by 10.8 percent compared to the previous year. The market value reached almost 3.46 trillion yuan that year.
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
The statistic shows the growth in real GDP in Indonesia from between 2020 to 2024, with projections up until 2030. In 2024, Indonesia's real gross domestic product grew by around 5.03 percent compared to the previous year. Indonesia's economy on the rise Indonesia is a nation with a growing economy and a steadily increasing population. It is estimated that the total population in Indonesia will surpass 255 million inhabitants by 2016 and continue to grow fast. Indonesia reports the fourth-largest population worldwide, and it is also the fifteenth-largest country by total area. The country's biggest contributor to gross domestic product is the industry, with services close behind. In 2013, industry contributed more than 45 percent to Indonesia's gross domestic product in Indonesia. The economy in Indonesia has been on the rise over the past years, and Indonesia is slowly establishing itself as one of the world’s most powerful economic players. In 2014, Indonesia's gross domestic product (GDP) amounted to more than 856 billion U.S. dollars, that's higher than Saudi Arabia's GDP, for example. GDP is calculated by analyzing the volume and value of goods and services that a country can produce in a specific time period. Emerging markets and developing economies, such as Indonesia, make up around 57 percent of global gross domestic product. Another indicator of economic strength is GDP per capita, which helps to assess the quality of life in a country and the growth of the economy. GDP per capita in Indonesia has been estimated to almost quadruple in the time period between 2004 and 2014, indicating an increase in living standards.
Between 2023 to 2028, it was forecasted that the cumulative annual growth rate (CAGR) of the hospitality industry's revenue would be the highest for Qatar, amounting to almost 11 percent among the Gulf Cooperation Council (GCC). Comparatively, Kuwait, Oman, and Bahrain had expected growth rate that exceed the region's average over the examined period.
The live events segment in India is expected to grow by 52 percent over the years spanning 2020 and 2023. Filmed entertainment was the second sector of the Indian media and entertainment industry forecasted to expand at an immense compound annual growth rate during this period. The anticipated average growth rate of India's media and entertainment industry as a whole from 2020 to 2023 was 17 percent.
In 2023, the value added in industry in South Korea increased by approximately 0.8 percent from the previous year. The growth rate of value added in the industry in South Korea fell steadily since 2021.
The annual growth rate for industrial production in India recovered and registered a growth rate of over five percent in the financial year 2023. The IIP growth rate is expected to increase to nearly six percent in 2024.