Global Additive Manufacturing & Material
Market Report
2024
Additive Manufacturing & Material market will be USD 30.4 billion in 2024 and expand at a compound annual growth rate (CAGR) of 24.1% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global market for Additive Manufacturing & Material market will be USD 30.4 billion in 2024 and expand at a compound annual growth rate (CAGR) of 24.1% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Additive Manufacturing & Material Market Sales Revenue 2024 | $ 30.4 Billion |
Global Additive Manufacturing & Material Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 24.1% |
Market Split by Technology |
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Market Split by End User |
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Market Split by Material |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Additive Manufacturing & Material Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Additive manufacturing has numerous advantages over traditional manufacturing technologies such as injection molding, CNC machining, and vacuum casting, including lower resource requirements, shorter production times, modular design, and significant tooling cost savings, which is why the additive manufacturing industry is thriving. Rising government investment to promote additive manufacturing technologies in many countries is a major driver of consumer demand. Furthermore, the EU Commission's increased emphasis on reducing overall vehicle weight in order to reduce emissions is anticipated to have an impact on market development. Metal 3D printing technological developments are likely to bring up new possibilities for lighter, stronger, and healthier products, creating profitable potential for the additive manufacturing business.
3D Printing Industry to Increase Market Demand - The manufacture of more durable, lightweight, and sophisticated machinery parts is made feasible by additive manufacturing, often known as 3D printing. The technique can be described as the conversion of analog processes to digital ones. The 3D printing sector is focused on innovation and developing new products that support net-zero carbon emission targets, which will significantly accelerate industry growth in the next years. High-strength aluminum alloys are commonly used in the aerospace industry for structural components due to their excellent strength-to-weight and stiffness-to-weight ratios, as well as their exceptional machinability. As a result, the industry believes additive manufacturing and materials, also known as 3D printing, to be the most efficient production method. The Automotive and Aerospace Industry to Attract the Market Share
Difficulty Producing Large Single Parts The High and Fluctuating Pricing to Hold Back the Market Growth
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In March 2023, 3D Systems, Inc. has announced the release of two new printing materials, NextDent Cast and NextDent Base, as well as a printing platform, NextDent LCD1. The materials are intended to improve material qualities, while the printing platform is an easy-to-use small-format printer. The company's goal with these launches was to help its customers accelerate the adoption of additive manufacturing technology.
(Source: https://www.voxelmatters.com/3d-systems-introduces-new-dental-materials-and-printing-platform/)
Top Companies Market Share in Additive Manufacturing & Material Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America held the highest share of the additive manufacturing market in 2024, accounting for up to 38%. Rising government funding and projects in the United States for additive manufacturing have also fueled market expansion. For example, to solve the limitations of single laser melting (SLM), America Makes gave GE Global $2.6 million to develop an open-source, multi-laser production equipment and AM platform. Furthermore, in Canada, the growing collaboration among research universities in the field of additive manufacturing is affecting market growth.
Asia Pacific is primed for extraordinary growth. The regional market is predicted to grow at the greatest CAGR over the forecast period. The regional market's growth can be traced, in large part, to the ongoing improvements and upgrades sought by the region's manufacturing industry incumbents. Asia Pacific is expanding as a manufacturing powerhouse for the automotive, healthcare, and consumer electronics sectors. Rapid urbanization is also projected to play an important role in pushing the adoption of three-dimensional printing throughout the region during the forecast period.
The current report Scope analyzes Additive Manufacturing & Material Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Additive Manufacturing & Material Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Additive Manufacturing & Material Industry growth. Additive Manufacturing & Material market has been segmented with the help of its Technology, End User Material, and others. Additive Manufacturing & Material market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, stereo lithography dominated the market in 2024. Stereolithography is one of the oldest and most often used printing processes. Aside from the ease of operation, stereolithography has several other advantages that encourage its adoption. However, technological advancements and vigorous R&D efforts followed by industry experts and researchers are creating prospects for a variety of additional efficient and trustworthy methods.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Additive Manufacturing & Material Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Additive Manufacturing & Material from 2019 to 2031. This will also help to analyze the demand for Additive Manufacturing & Material across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key End User of Additive Manufacturing & Material are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
Nisha Deore is a highly skilled Research Analyst with over three years of experience specializing in the agriculture and food & beverage sectors. Her expertise encompasses secondary research, data mining, competitive analysis, and the development of detailed collateral and PR materials. Known for her meticulous approach, Nisha designs robust research methodologies and delivers actionable insights that support her organization’s commercial and financial objectives.
In her current role, Nisha manages research for both the agriculture and food & beverage categories, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With a deep passion for both sectors and a commitment to continuous professional development, Nisha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Additive Manufacturing & Material Market is witnessing significant growth in the near future.
In 2023, the Stereo Lithography segment accounted for noticeable share of global Additive Manufacturing & Material Market and is projected to experience significant growth in the near future.
The Healthcare segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies 3D Systems Corporation , Envision TEC GmbH and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Technology | Stereo Lithography, Fused Deposition Modeling, Laser Sintering, Binder Jetting Printing |
End User | Healthcare, Aerospace and Defence, Automotive, Industrial |
Material | Plastic, Metals, Ceramics |
List of Competitors | 3D Systems Corporation, General Electric Company, Envision TEC GmbH, EOS GmbH, Exone Company, CleanGreen 3d Limited, Materialise NV, Optomec Inc., Stratasys Ltd, SLM Solutions Group AG |
This chapter will help you gain GLOBAL Market Analysis of Additive Manufacturing & Material. Further deep in this chapter, you will be able to review Global Additive Manufacturing & Material Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Technology Analysis 2019 -2031, will provide market size split by Technology. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Technology Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End User Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Material Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Additive Manufacturing & Material market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Stereo Lithography have a significant impact on Additive Manufacturing & Material market? |
What are the key factors affecting the Stereo Lithography and Fused Deposition Modeling of Additive Manufacturing & Material Market? |
What is the CAGR/Growth Rate of Healthcare during the forecast period? |
By type, which segment accounted for largest share of the global Additive Manufacturing & Material Market? |
Which region is expected to dominate the global Additive Manufacturing & Material Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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