Global Additive Manufacturing Market 2024-2028

Global Additive Manufacturing Market 2024-2028

The additive manufacturing market is forecasted to grow by USD 31.81 bn during 2023-2028, accelerating at a CAGR of 20.81% during the forecast period. The report on the additive manufacturing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand in medical device sector, rise in adoption of computer-aided design/computer-aided manufacturing (CAD/CAM) technology and desktop printers, and collaborations and partnerships among vendors.

Technavio's additive manufacturing market is segmented as below:

By Component

• Hardware
• Software
• Services

By End-user

• Automotive
• Aerospace
• Industrial
• Healthcare
• Others

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the increase in consumer interest in 3D customized products as one of the prime reasons driving the additive manufacturing market growth during the next few years. Also, low wastage of cartridges in additive printing and limited time required for 3D printing will lead to sizable demand in the market.

The report on the additive manufacturing market covers the following areas:

• Additive manufacturing market sizing
• Additive manufacturing market forecast
• Additive manufacturing market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading additive manufacturing market vendors that include 3D Systems Corp., Additive Industries BV, Autodesk Inc., BICO Group AB, Canon Inc., Carbon Inc., CINCINNATI Inc., ColVisTec AG, Desktop Metal Inc., DMG MORI Co. Ltd., EOS GmbH, Formlabs Inc., General Electric Co., HP Inc., Koninklijke DSM NV, Markforged Holding Corp., MATERIALISE NV, Stratasys Ltd., voxeljet AG, and 3DEO Inc.. Also, the additive manufacturing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.