Comprehensive Analysis of the Additive Manufacturing Market 2025-2034: Growth Rates, Trends, and Future Opportunities
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How has the additive manufacturing market grown over the years?
The market size for additive manufacturing has seen significant expansion in the past few years. The market, presently valued at $19.34 billion in 2024, is projected to increase to $23.42 billion in 2025, reflecting a compound annual growth rate (CAGR) of 21.1%. This notable growth observed in the historical period can be ascribed to the rise in prototyping and rapid prototyping requirements, customisation and intricate geometries, diminished material waste, as well as the adoption by the aerospace and healthcare sectors, and the cost feasibility of low-volume production.
What Is the forecasted market size and growth rate for the additive manufacturing market?
Anticipated to experience a swift expansion in upcoming years, the protein assays market is projected to mature to a market value of $5.74 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 14.9%. The surge during this period can be credited to the increasing usage in clinical diagnostics, the heightened focus on biomarker discovery, advancements in biopharmaceutical production and quality management, integration of technology in research platforms, and the growth of proteomic profiling for personalized treatments. Some significant tendencies during this period will be the growing utilization of proteomics in drug discovery, the introduction of highly sensitive assay kits, concentration on standardization and assay reproducibility, incorporation of proteomic information with other omics data, and the broadening of protein assays in clinical diagnostics.
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What are the major factors driving growth in the additive manufacturing market?
The additive manufacturing market is predicted to grow, spurred on by a rising demand for 3D printing. 3D printing, the process of crafting solid three-dimensional items from a digital blueprint, supports additive manufacturing by offering a budget-friendly, adaptable approach to producing custom parts and facilitating preoperative preparation. As an illustration, data from AZoNetwork UK Ltd., a marketing science firm based in the UK, reveals that just over 2.2 million 3D printers were dispatched in 2021. The forecast for 2030 is a shipment of 21.5 million 3D printers. Consequently, the surge in demand for 3D printing is fuelling the expansion of the additive manufacturing market.
What key areas define the segmentation of the global additive manufacturing Market?
The additive manufacturing market covered in this report is segmented –
1) By Technology: Stereolithography, Polyjet Printing, Binder Jetting Printing, Laser Sintering, Electron Beam Melting, Fused Deposition Modeling, Laminated Object Manufacturing, Thermal Dimensional Printing, Other Technologies
2) By Material Type: Plastics, Metals, Ceramics, Other Materials
3) By Application: Aerospace, Automotive, Consumer Products, Healthcare, Government And Defense, Industrial Or Business Machines, Education And Research, Other Applications
Subsegments:
1) By Stereolithography: Standard Stereolithography, Digital Light Processing (DLP), PolyJet Printing
2) By Binder Jetting Printing: Metal Binder Jetting, Sand Binder Jetting
3) By Laser Sintering: Selective Laser Sintering (SLS), Direct Metal Laser Sintering (DMLS), Electron Beam Melting
4) By Fused Deposition Modeling (FDM): Standard FDM, Dual-Extrusion FDM
5) By Laminated Object Manufacturing (LOM): Paper Lamination, Plastic Lamination
6) By Thermal Dimensional Printing: Hot Melt Adhesive, Thermoplastic Materials
7) By Other Technologies: Continuous Filament Fabrication (CFF), Selective Laser Melting (SLM)
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What are the top market players propelling the growth of the additive manufacturing industry?
Major companies operating in the additive manufacturing market include General Electric Company, ANSYS Inc., Höganäs AB, Greatbatch Inc., Renishaw plc, Arburg GmbH + Co KG, Stratasys Ltd., EOS GmbH, 3D Systems Corporation, Proto Labs Inc., Materialise NV, MakerBot Industries LLC, SLM Solutions Group AG, Markforged, Arcam AB, The ExOne Company, Envisiontec GmbH, EnvisionTEC LLC, Ultimaker BV, Optomec Inc., Voxeljet AG, ExOne Company, Mcor Technologies Ltd., Danae Inc., Made In Space Inc., CleanGreen 3D, American Additive Manufacturing LLC, Biomedical Modeling Inc., Yamazaki Mazak Corporation, GPI Prototype & Manufacturing Services Inc., Print Parts Inc., Applied Rapid Technologies Corporation, 3DEO Inc.
What are the key trends shaping the future of the additive manufacturing market?
Leading organizations in the additive manufacturing market are focusing on novel approaches like digital additive-manufacturing technology to increase their productivity levels. This technology entails the creation of three-dimensional objects from layered materials using digital models, facilitating intricate designs and personalization, thereby boosting production efficacy and minimizing material waste. For instance, in February 2022, Mitsubishi Electric Corporation, an electronics firm from Japan, introduced the AZ600 wire-laser metal 3D printer. This device employs laser technology to melt welding wire, creating high-grade 3D structures with precise accuracy. Its five-axis spatial control in simultaneity improves manufacturing effectiveness, while also reducing energy consumption and waste.
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What regions are dominating the additive manufacturing market growth?
North America was the largest region in the additive manufacturing market in 2024. The regions covered in the additive manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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