The global additive manufacturing market (付加製造市場) is poised to reach US$ 26.79 billion by 2024, with a projected compound annual growth rate (CAGR) of 21.6% from 2024 to 2034, according to a recent report by Fact.MR. In today's business landscape, there is a growing preference for sustainable manufacturing practices due to their positive environmental impact. Additive manufacturing, or 3D printing, is particularly favored for its environmental advantages over traditional production methods. It significantly reduces waste and energy consumption, making more efficient use of materials during production.

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Additive manufacturing, also known as 3D printing, has revolutionized the manufacturing industry by changing the way products are designed, developed, and manufactured. This technology constructs objects layer by layer directly from digital models, offering unmatched flexibility and efficiency compared to traditional manufacturing methods. The market for additive manufacturing has experienced substantial growth in recent years, driven by technological advancements, cost-effectiveness, and a shift towards more sustainable production practices.

Key Takeaway from Market Study

• The global additive manufacturing market is pegged at US$ 26.79 billion in 2024.
• Worldwide demand for additive manufacturing technologies is set to reach a valuation of US$ 189.34 billion by the end of 2034.
• The market is predicted to expand at a prolific CAGR of 21.6% from 2024 to 2034.
• North America is projected to account for 29.1% of the global market share by 2034.
• Demand for additive manufacturing technologies in China is forecasted to expand at 22.4% CAGR from 2024 to 2034.
• The market in Canada is predicted to reach US$ 9.26 billion by 2034-end.
• The medical segment is forecasted to account for 22.1% share of global market revenue by 2034.

Market Dynamics

The additive manufacturing market (적층 제조 시장) has been propelled by the increasing adoption of 3D printing across a wide range of industries, including aerospace, automotive, healthcare, and consumer goods. One of the key drivers of this growth is the ability of additive manufacturing to reduce lead times and costs associated with traditional manufacturing processes. Additionally, additive manufacturing enables the production of complex geometries that are difficult or impossible to achieve with conventional methods, opening up new possibilities for product design and innovation.

Another factor driving the growth of the additive manufacturing market is the increasing demand for customized and personalized products. 3D printing allows for the production of small batches or even individualized items at a cost that is competitive with mass production, making it an attractive option for manufacturers looking to meet the growing consumer demand for customized products.

Market Future Outlook

The future outlook for the additive manufacturing market is promising, with continued growth expected in the coming years. Technological advancements, such as improvements in materials and processes, are expected to further enhance the capabilities of additive manufacturing, making it an even more viable option for a wide range of applications.

One of the key trends that is expected to drive growth in the additive manufacturing market is the development of new materials that are specifically designed for 3D printing. These materials are expected to offer improved performance characteristics, such as strength, durability, and heat resistance, making additive manufacturing suitable for an even wider range of applications.

Market Insights

The additive manufacturing market is characterized by intense competition among both established companies and startups. Key players in the market are investing heavily in research and development to enhance their product offerings and gain a competitive edge. Additionally, partnerships and collaborations are becoming increasingly common as companies seek to leverage each other's strengths and capabilities to drive innovation and growth in the market.

Key Players

• Renishaw Plc.,
• Wipro Limited,
• Materialise,
• ANSYS, Inc.,
• Evonik,
• Siemens Industry Software Inc.,
• Stratasys Ltd.,
• General Electric,
• Xerox Corporation,
• AMFG,
• Mazak Corporation,
• American Additive Manufacturing LLC,
• Optomec are leading additive manufacturing solution providers.

Growing Adoption of Additive Manufacturing in Automotive Sector

Demand for additive manufacturing solutions in the automotive sector is predicted to increase at 23% CAGR and reach a market value of US$ 27.64 billion by 2034-end. Rising adoption of additive manufacturing techniques contributes to the streamlining of the supply chain, expediting prototyping, facilitating customization, and enabling the production of lightweight components.

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Segmentation of Additive Manufacturing Market (Markt für additive Fertigung) Research

• By Product Type:

  • Hardware

  • Material

  • Software

• By Technology:

  • Powder Bed Fusion

  • Direct Energy Deposition

  • Material Jetting

  • Material Extrusion

  • Photo Polymerization

• By Application:

  • Medical

  • Automotive

  • Aerospace & Defense

  • Consumer Electronics

  • Architecture

  • Industrial Equipment

  • Education & Research Institutions

• By Region:

  • North America

  • Europe

  • East Asia

  • Latin America

  • Middle East & Africa

  • South Asia & Oceania

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