Snapshot img

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?

Request Free Sample

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

The Satellite Manufacturing Market report segments the industry into Application (Communication, Earth Observation, Navigation, and more), Satellite Mass (10-100kg, 100-500kg, and more), Orbit Class (GEO, LEO, and more), End User (Commercial, Military & Government, and more), Satellite Subsystem (Propulsion Hardware and Propellant, and more), Propulsion Tech (Electric, and more), and Region (Asia-Pacific, and more).

Global Manufacturing Analytics Market size was valued at USD 10.6 Billion in 2022 and is poised to grow from USD 12.8 Billion in 2023 to USD 58.06 Billion by 2031, at a CAGR of 20.8% during the forecast period (2024-2031).

The smart manufacturing market size & share value expected to touch USD 593.81 billion by 2030, to grow at a CAGR of 13.5% during the forecast period.

The global digital transformation in manufacturing market is poised to experience significant growth in the coming years, reaching a market size of approximately $357.58 billion by 2033, expanding at a CAGR of 9.36%. The increasing adoption of Industry 4.0 technologies, such as IoT, AI, and big data analytics, is driving this growth. These technologies enable manufacturers to improve their productivity, efficiency, and quality control. Additionally, the rising demand for customized products and the need to reduce costs are further contributing to the market's growth. The digital transformation in manufacturing market is segmented by technology adoption, manufacturing process type, level of automation, and industry application. In terms of technology adoption, IoT, AI, and big data analytics are the most widely adopted technologies. By manufacturing process type, discrete manufacturing and process manufacturing hold the largest market shares. The fully automated segment dominates the level of automation segment. The automotive and electronics industries are the largest end-users of digital transformation solutions in manufacturing. Geographically, North America and Europe are the leading markets, followed by Asia Pacific. The market in emerging economies is expected to witness significant growth in the coming years. Key drivers for this market are: Smart factory solutions IoT integration AI driven analytics Supply chain optimization Predictive maintenance tools. Potential restraints include: Industry 40 adoption Increased operational efficiency Growing demand for automation Enhanced data analytics capabilities Rising competitive pressure.

Snapshot img

Gear Manufacturing Market Size 2025-2029

The gear manufacturing market size is forecast to increase by USD 137.8 billion at a CAGR of 8.1% between 2024 and 2029.

The market is witnessing significant shifts, driven by the increasing adoption of industrial automation and the implementation of additive manufacturing technologies in the production of gear and gearing components. These advancements enable manufacturers to enhance productivity, reduce costs, and improve product quality. However, the market faces a notable challenge with the slowdown in the Chinese manufacturing sector, which could impact global supply chains and pricing dynamics.
Companies must navigate these trends and challenges effectively to capitalize on growth opportunities and maintain a competitive edge. Strategic investments in automation and additive manufacturing technologies, as well as a focus on innovation and supply chain resilience, will be crucial for success in this evolving market landscape.

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

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample

In the dynamic market, demand forecasting plays a crucial role in maintaining a competitive edge. Process optimization, driven by smart manufacturing, is a key trend, integrating circular economy principles and sustainability initiatives. Ethical sourcing and reducing carbon footprint are becoming essential considerations, alongside robotics integration and computer-aided design (CAD) for efficient industrial design. Supply chain visibility, quality assurance, and digital twin technology enable predictive maintenance through condition-based and preventive strategies. Software solutions, including predictive analytics, automation systems, and lifecycle assessment tools, streamline production and waste management.

Reverse engineering and rapid prototyping facilitate corrective maintenance and assembly line optimization. Global supply chains are increasingly adopting product testing standards, ensuring compliance and enhancing customer trust. The integration of computer-aided manufacturing (CAM) further accelerates production processes, making the market an exciting and innovative landscape for US businesses. Additionally, they are used in gear units for passenger vehicles, commercial vehicles, and industrial machinery, as well as in wind turbine gearboxes, transmissions, and moventas.

How is this Gear Manufacturing Industry segmented?

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

Product

  Worm gear
  Bevel gear
  Others


End-user

  Oil and gas industry
  Power industry
  Automotive
  Others


Material

  Steel
  Cast iron
  Polymer
  Bronze
  Composite materials


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Indonesia
    Japan


  Rest of World (ROW)

By Product Insights

The worm gear segment is estimated to witness significant growth during the forecast period. In the dynamic world of manufacturing, the gear industry continues to evolve, integrating advanced technologies and practices to enhance production efficiency, reduce waste, and improve product quality. Composite materials, such as carbon fiber reinforced polymers, are increasingly used in gear manufacturing due to their high strength-to-weight ratio and durability. Six Sigma methodologies and Lean Manufacturing principles are employed to minimize defects and streamline production processes. Capacity planning and inventory management are crucial aspects of gear manufacturing, ensuring optimal use of resources and minimizing downtime. Workforce training and continuous learning are essential to maintain a skilled workforce, enabling the adoption of new technologies like 3D printing, AI-powered manufacturing, and subtractive and additive manufacturing processes.

Supply chain management plays a vital role in maintaining a steady flow of raw materials, electronic components, and specialized equipment. Data analytics and IoT sensors help monitor and optimize production, while value engineering and modular design contribute to cost optimization and customizable solutions. Safety standards, energy efficiency, and wear resistance are key considerations in gear manufacturing, with CNC machining and injection molding being common techniques for producing gears with high precision and accuracy. Quality control measures, such as gear teeth inspection and lubrication, ensure the longevity and reliability of the final product. Gear ratios and design for manufacturing

U.S. Robotics Integration for the Manufacturing Market is estimated to reach $7.48 billion by 2029, growing at a CAGR of 11.69% during the forecast period 2024-2029.

The Manufacturing Data Analytics market has emerged as a pivotal force in the industrial landscape, transforming how manufacturers leverage data to enhance operational efficiency and drive informed decision-making. This sector focuses on harnessing large volumes of data generated from manufacturing processes, supply

Enzyme Contract Manufacturing Market size at USD 2.64 Bn in 2024, projected to reach USD 4.26 Bn by 2030, growing at 8.31% CAGR during 2025-30.

The Accelerators for Rubber Manufacturing market plays a pivotal role in the production of rubber products by enhancing the curing process, thereby improving the quality and durability of rubber materials. These accelerators, primarily used in the vulcanization process, contribute to the efficient transformation of

The size of the Viral Vector Manufacturing Market was valued at USD 1.25 Million in 2023 and is projected to reach USD 6.79 Million by 2032, with an expected CAGR of 27.36% during the forecast period. The increasing interest in gene therapies, vaccines, and advanced therapies from the biopharmaceutical industry is driving the growth of the viral vector manufacturing market. Viral vectors are the basic tools that allow the transfer of genetic material into cells. They enable novel treatments of a range of diseases, from genetic disorders and cancers to infectious diseases. The increased demand for gene-based medicines has been coming from the growing awareness of personalized medicine and from a large pipeline of such therapies; the need for scalable viral vector manufacturing processes thus progressed in importance with this trend. Advances in viral vector technologies, especially in safety and efficacy, along with increased production yields, have been the main drivers of market growth. Advances with adeno-associated viruses (AAVs) and lentiviral vectors are front-running because of the improved delivery mechanism for therapeutic genes. Increasing investments in the research and development area, coupled with increasingly conducive regulatory regimes, enhance the rising environment for the spread of viral vector applications. Geographically, the region of North America has held significant market share in viral vector manufacturing in recent years due to having a very efficient industry in biotechnology, along with considerable funding in gene therapy research, and one or two leading manufacturers in the region. The region in Asia-Pacific is rapidly emerging because the region bears the increasing healthcare costs and growing numbers of biotech firms, coupled with collaborations with global players. This market for viral vector manufacturing will go to new heights as it becomes an important part of the development of revolutionary therapies and medical science. Recent developments include: In June 2022, Avid Bioservices, Inc. opened the analytical and process development (AD/PD) suites within the company's new, world-class viral vector development and Current Good manufacturing Plant (CGMP) manufacturing facility. Build-out of the viral vector facility's CGMP manufacturing suites is ongoing, with those capabilities expected to come online in mid-calendar 2023., In May 2022, AGC Biologics announced that it is adding viral vector suspension technology and capacity for the development and manufacturing of gene therapies at its commercial-grade campus in Longmont, Colo.. Key drivers for this market are: Rising Prevalence of Genetic Disorders, Cancer, and Infectious Diseases, Increasing Number of Clinical Studies and Availability of Funding for Gene Therapy Development; Potential Applications in Novel Drug Delivery Approaches. Potential restraints include: High Cost of Gene Therapies, Challenges in Viral Vector Manufacturing Capacity. Notable trends are: Cancer Sub-segment is Expected to Grow Faster in the Disease Segment.

The Additive Manufacturing Market size was valued at USD 20,369.7 billion in 2023 and is projected to reach USD 183 billion by 2032, exhibiting a CAGR of 23.3 % during the forecasts period. The additive manufacturing popularly referred to as 3D printing is a business strategy whereby products are built up in layers with the use of a material. It enables fabrication of complicated shapes and individualised components from a digital model with no need for conventional processes that are used such as turning or founding. Applications of rapid prototyping include custom manufacturing across different sectors that include aerospace, automotive, healthcare, and consumer products industries. Uses include forming light, strong, aerospace parts for airplanes and ships and medical devices, ornamental items such as jewelries and gadgets such as iPods. Key trends in the current AM industry relate to material variety (metals, polymers, ceramics), production rates, precision, the increased utilization of hybrid systems – by combining AM and conventional technologies, the use of AI and machine learning in the optimization of the processes and the design of the components. Also, the other execution of sustainable technologies is enclosing environmental constituents and projects in the additive manufacturing system across the globe. Recent developments include: In March 2023, 3D Systems, Inc. announced the launch of NextDent Cast and NextDent Base, two new printing materials, and NextDent LCD1, a printing platform. The materials are designed to enhance material properties, and the printing platform is an easy-to-use small-format printer. With these launches, the company aimed to aid its customers in accelerating additive manufacturing adoption. , In November 2023, Autodesk Inc. announced the launch of Autodesk AI. This new technology is available in Autodesk products and is designed to provide customers with generative capabilities and intelligent assistance. With the launch of this new technology in Autodesk products, the company aimed to minimize errors by automating repetitive tasks and the needs of its customers. , In February 2022, Dassault Systèmes has announced a strategic partnership with Cadence Design Systems, Inc. to provide integrated solutions for the development of high-performance electronic systems to enterprise customers in a variety of vertical markets, such as high tech, industrial equipment, and transportation and mobility, aerospace and defense, and healthcare. .

The APAC Smart Manufacturing Market report segments the industry into Enabling Technologies (Industrial Control Systems, Industrial Robotics, Machine Vision Systems, and more), End-User Industry (Automotive, Semiconductor, Oil and Gas, and more), and Country (China, India, and more).

The Europe Electric Vehicle Battery Manufacturing Market report segments the industry into Battery (Lithium-Ion, Lead-Acid, Nickel Metal Hydride Battery, Others), Battery Form (Prismatic, Pouch, Cylindrical), Vehicle (Passenger Cars, Commercial Vehicles, Others), Propulsion (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle), and Geography (Germany, France, United Kingdom, and more).

BCC Research Market Analyst says global market for contract manufacturing is expected to grow from $686.4 billion in 2025 and is projected to reach $968.7 billion by the end of 2030 at a CAGR of 7.1%.

Snapshot img

Industrial Robotics Market Size 2025-2029

The industrial robotics market size is forecast to increase by USD 47.63 billion, at a CAGR of 19.4% between 2024 and 2029.

The market is experiencing a significant surge in demand, driven by the integration of advanced technologies such as artificial intelligence, machine learning, and collaborative robots. These innovations enable increased automation, flexibility, and efficiency in manufacturing processes, making industrial robots an indispensable asset for modern industries. However, the market faces challenges as well. The high cost of services, including installation, maintenance, and training, can hinder adoption for some businesses, particularly small and medium-sized enterprises. To capitalize on market opportunities, companies must focus on cost reduction strategies, such as offering flexible pricing models or partnering with service providers. Additionally, collaborating with technology partners to develop user-friendly interfaces and remote monitoring capabilities can help alleviate concerns around service costs and support. By addressing these challenges and continuing to innovate, the market participants can position themselves for long-term success in this dynamic and growing market.

What will be the Size of the Industrial Robotics Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, driven by advancements in technology and their applications across various sectors. Manufacturing Execution Systems (MES) integrated with cloud computing enable real-time data analytics, enhancing process optimization and quality control. Machine learning and deep learning algorithms facilitate robot programming and robotics education, allowing for more efficient and adaptive automation solutions. CE marking ensures safety standards are met, while open source software and robotics research foster innovation and collaboration. Collaborative robots, or cobots, and robotics software enable seamless integration with control systems, such as PLC and motion control, and artificial intelligence applications like natural language processing and robot simulation. Payload capacity, end-of-arm tooling, and material handling are key considerations for robotics development, with applications ranging from CNC machining and pallet handling to pick and place and 3D printing. Integration services and simulation software play a crucial role in the design and implementation of industrial automation systems. Safety standards, such as UL certification, are essential in ensuring the reliable operation of industrial robots. The ongoing development of robotics technology, including cartesian, SCARA, delta, and articulated robots, continues to transform industries, from manufacturing and material handling to automated guided vehicles and process optimization.

How is this Industrial Robotics Industry segmented?

The industrial robotics 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. TypeArticulatedSCARACylindricalOthersEnd-userElectrical and electronicsAutomotiveMetal and machineryPharmaceuticalsOthersProductTraditional industrial robotsCollaborative robotsMobility TypeStationary robotsMobile robotsProduct TypeMaterials handlingSoldering and weldingAssembling and disassemblingPainting and dispensingOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyAPACChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW)

By Type Insights

The articulated segment is estimated to witness significant growth during the forecast period.Articulated robots, characterized by their multiple rotary joints, are revolutionizing manufacturing processes across industries such as automotive, metals and machinery, and pharmaceuticals. These robots, which mimic human arm movements, provide versatility and flexibility, enabling them to handle complex tasks with precision in confined spaces. The six-axis robot, offering six degrees of freedom, is the most popular configuration for articulated robots due to its ability to move in any direction and reach any point within its workspace. Machine learning and artificial intelligence technologies are enhancing robot programming, allowing for more efficient and adaptive automation. Cloud computing and data analytics enable real-time monitoring and process optimization, while safety standards, such as CE marking and UL certification, ensure compliance. Collaborative robots, or cobots, are gaining popularity for their ability to work alongside human operators, increasing productivity and efficiency. Open source software and robotics research foster innovation and customization,

The Computer Aided Manufacturing (CAM) market is projected to reach a value of $3.63 billion by 2033, growing at a CAGR of 9.4%. The growth is attributed to factors such as the increasing adoption of computer-aided design (CAD) software, the growing need for automation in manufacturing processes, and the increasing complexity of products being manufactured. Major market drivers include the need for increased productivity, improved product quality, and reduced production costs. The CAM market is segmented into three main categories: software, services, and deployment. Software is the largest segment, accounting for over 60% of the market share. Services are the second largest segment, followed by deployment. The automotive industry is the largest end-user of CAM software, followed by the aerospace and defense industry. The Asia Pacific region is the largest market for CAM software, followed by North America and Europe. Key industry players include ANSYS, Inc., Altair Engineering Inc., Autodesk, Inc., Bentley Systems, Incorporated., Dassault Systemes, ESI Group, Rockwell Automation, Siemens, BETA CAE Systems, COMSOL, PTC, Hexagon AB, and Symscape. The global Computer Aided Manufacturing (CAM) market is projected to reach a staggering $150 billion by 2028, growing at a CAGR of 7.5% from 2023 to 2028. This report provides a comprehensive analysis of the market, exploring its key dynamics, growth drivers, challenges, and opportunities. Recent developments include: In April 2024, ESI Group and FAW-Volkswagen (FAW-VW) TE signed a Memorandum of Understanding (MoU) to advance intelligent simulation technology in the automotive industry, addressing China's automotive safety regulations. The partnership aims to establish a localized automotive industry material database and enhance cooperation in intelligent simulation, making significant strides in automotive innovation and research. , In February 2024, Hexagon AB collaborated with Augment Technologies in Western Australia to assist mines in optimizing ore yield and operational efficiencies through precise blast movement tracking. This partnership integrates block model data, artificial intelligence, and measured 3D movement data to develop a blast movement solution, enabling mines to access substantial value. .

The Artificial Intelligence (AI) in Manufacturing Market is soaring, currently valued at $5.32 billion and projected to grow at a phenomenal CAGR of 44.2%. This growth is attributed to the transformative benefits of AI, such as enhanced efficiency, reduced costs, improved quality control, and optimized decision-making. Furthermore, government initiatives promoting AI adoption, rising concerns about food security, and technological advancements are fueling market expansion. AI applications in manufacturing span predictive maintenance, process optimization, quality inspection, and automated production. Key players shaping the industry include Amazon Web Services, Cisco Systems Inc., and Google LLC (Alphabet Inc.). Recent developments include: In October 2023, Google Cloud introduced specialized Generative AI solutions tailored for healthcare and manufacturing industries, with the objective of improving efficiency and facilitating digital transformation. This initiative signified a significant stride in harnessing AI for industry-specific progress. , In April 2023, Siemens collaborated with Microsoft to enhance industrial AI, transforming the management of product lifecycles. The integration of Siemens' Teamcenter software with Microsoft Teams and Azure OpenAI Service's language models aims to boost innovation and effectiveness. This collaboration facilitated smooth cross-departmental cooperation, propelling progress in design, engineering, manufacturing, and product operations, representing a substantial advancement in integrating industrial technologies. .

Rising healthcare utilization continues to drive growth in the Medical Instruments and Supplies industry. Manufacturers play a crucial role as more people access healthcare, fueled by demographic trends like a rising number of adults 65 and older and the increasing prevalence of chronic illnesses. Expanded insurance coverage has also brought millions of new consumers into the healthcare system, pushing demand for essential medical equipment and supplies. Despite these positives, recent years have seen manufacturers navigating significant headwinds, including tariffs, inflation, supply chain volatility and currency fluctuations. In all, revenue has been expanding at a CAGR of 1.7% to an estimated $105.8 billion over the past five years, with 1.9% growth expected in 2025. One of the most disruptive challenges is the sharp escalation in global tariffs on medical components and finished goods in 2025. The Trump administration's tariff policy, introduced in early 2025, imposes high rates on certain products from major trading partners, including China, Canada and Mexico. Domestic manufacturers, who rely heavily on globally sourced raw materials and components like surgical steel and polymers, have seen their cost of goods increase, hurting profit. This creates an environment where even basic medical supplies carry a much higher production cost. While some manufacturers are trying to accelerate supply chain shifts or expand domestic investment, these changes are costly and time-consuming. Strong and growing healthcare demand will provide opportunities for innovation and revenue growth, particularly in specialized and high-tech areas. For example, manufacturers developing advanced wound care dressings and antimicrobial surgical instruments are experiencing increased demand as healthcare providers seek safer and more effective treatment options. Evolving trade policy will remain a significant headwind, and resolving its impact—whether through strategic supply chain investments, negotiations on trade policy or technological adoption—will be central to sustaining profit. Industry revenue is forecast to expand at a 2.7% CAGR to an estimated $120.9 billion over the next five years.

Digital Manufacturing Market is estimated to be US$ 1907.9 billion by 2032 with a CAGR of 15.0% during the forecast period