Additive Manufacturing Market Updates

Additive Manufacturing Market size was valued at USD 20.2 Billion in 2023 and is poised to grow from USD 24.4 Billion in 2024 to USD 110.64 Billion by 2032, growing at a CAGR of 20.8% during the forecast period (2025-2032).

Key vendors in Additive Manufacturing Market are: 'Stratasys Ltd. (USA) ', '3D Systems Corporation (USA) ', 'EOS GmbH (Germany) ', 'Materialize NV (Belgium) ', 'General Electric Company (GE Additive) (USA) ', 'SLM Solutions Group AG (Germany) ', 'EnvisionTEC GmbH (Germany) ', 'HP Inc. (USA) ', 'Voxeljet AG (Germany) ', 'Renishaw plc (UK) ', 'Optomec Inc. (USA) ', 'Ultimaker BV (Netherlands) ', 'Desktop Metal, Inc. (USA) ', 'Carbon, Inc. (USA) ', 'Prodways Group (France) ', 'XYZprinting, Inc. (Taiwan) ', 'The ExOne Company (USA) ', 'Nano Dimension Ltd. (Israel) ', 'Additive Industries (Netherlands) ', 'Markforged, Inc. (USA) ', 'Brightlands Materials Center (Netherlands)' 

Manufacturers are looking for technologies and solutions that can help add customization and design flexibility in their process to create a wide variety of products.

Adoption in Mass Production: Additive manufacturing companies should explore the idea of using additive manufacturing in mass production facilities to expand the application scope of their offerings. As per this global additive manufacturing market analysis, developing and launching additive manufacturing technologies and products capable of handling large-scale manufacturing can help market players bring in more revenue and also bolster their market presence on a global level in the future.  

North America has been quick to adopt novel manufacturing technologies owing to a developed technological infrastructure making it the top market for additive manufacturing companies. High investments in R&D of novel additive manufacturing technologies, availability of supportive government initiatives, and high spending potential of companies are helping the dominance of this region.  The United States is slated to be at the forefront of additive manufacturing market growth in this region followed by Canada. Increasing efforts to optimize manufacturing output and development of smart factories are expected to further cement the dominance of this region.