Additive Manufacturing Market Size, Share, Forecast, & Trends Analysis by Offering (Hardware, Materials, Services) Technology (FDM, DMLS, SLA, SLS, Polyjet, DED) End User (Consumer, Electronics, Healthcare, Automotive, Aerospace) – Global Forecast to 2031

Additive Manufacturing Market Size, Share, Forecast, & Trends Analysis by Offering (Hardware, Materials, Services) Technology (FDM, DMLS, SLA, SLS, Polyjet, DED) End User (Consumer, Electronics, Healthcare, Automotive, Aerospace) – Global Forecast to 2031

Additive Manufacturing Market - Report Summary

Report Metrics	Details
Years Considered	2022 - 2031
Base Year	2023
Forecast Period	2024-2031
Page Count	450
Units Referenced	Value (USD Million)
Segments/Key Topics	Market by Offering, Technology, and End User
Regions Covered	North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa
Key Companies Mentioned	3D Systems Corporation (U.S.), 3DCeram (France), Arcam AB (Sweden), Autodesk, Inc., (U.S.), Canon Inc. (Japan), Dassault Systèmes SE (France), Stratasys, Ltd. (U.S.), voxeljet AG (Germany), ExOne Operating, LLC (U.S.), MakerBot Industries, LLC (U.S.), Materialise NV (Belgium), EOS GmbH (Germany), Optomec, Inc., (U.S.), Proto Labs, Inc. (U.S.), Shapeways Holdings, Inc. (U.S.)

FAQs About the Report

What is the scope of the additive manufacturing market study?

This market study covers the market sizes & forecasts of the additive manufacturing market based on offering, technology, end user, and geography. This market study also provides the value analysis of various segments and subsegments of the additive manufacturing market at the regional and country levels.

What is the revenue generated from the sale of additive manufacturing products across the globe? At what rate is their demand expected to grow for the next 5–7 years?

The additive manufacturing market is projected to reach $93.36 billion by 2031, at a CAGR of 20.3% during the forecast period of 2024–2031.

What are the various offerings of additive manufacturing, and which offering segment holds the major share market?

Based on offerings, the additive manufacturing market is segmented into hardware, software, materials, and services. In 2024, the services segment is expected to account for the largest share of the additive manufacturing market due to the growing adoption of additive manufacturing, increased funding for companies in this sector, heightened interest from manufacturers in 3D printing, and the expanding number of industries utilizing additive manufacturing to enhance value-added services.

What are the various technologies involved in additive manufacturing, and which technology segment holds the major share of the market?

Based on technologies, the additive manufacturing market is segmented into Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Stereolithography (SLA), Direct Metal Laser Sintering (DMLS), polyjet, multi-jet fusion, Digital Light Processing (DLP), binder jetting, Electron Beam Melting (EBM), Directed Energy Deposition (DED), Laser Metal Fusion (LMF), Selective Absorption Fusion (SAF), LCD 3D printing, and other technologies. In 2024, the fused deposition modeling (FDM) segment is expected to account for the largest share of the additive manufacturing market due to the technology’s low cost and ability to manufacture a wide range of 3D-printed objects for automotive, aerospace, consumer goods, and jewelry applications. Apart from this, the cost-effectiveness of FDM technology in producing custom thermoplastic parts and prototypes has encouraged its adoption among manufacturing companies.

What are the various end users in the additive manufacturing market, and which end user segment holds the major share of the market?

Based on end users, the additive manufacturing market is segmented into consumer products, healthcare, automotive, general manufacturing, electronics & semiconductors, aerospace & defense, chemicals & materials, energy and oil & gas, and other end users. In 2024, the consumer products segment is expected to account for the largest share of the additive manufacturing market due to the increasing production of consumer electronics, increasing spending on jewelry & luxury goods, and rising demand for decorative art.

What are the key factors supporting the growth of this market? What are the major opportunities for the market players in the additive manufacturing market?

The growth of the additive manufacturing market is driven by the rising need to produce complex parts, reduce manufacturing expenses, and minimize waste, improvements in product development and supply chains, and easy customization and bulk production using additive manufacturing.

Furthermore, the growing use of 3D printers to produce functional end-use parts and composite 3D printing is expected to offer significant growth opportunities for players operating in the additive manufacturing market.

What are the factors hindering the growth of the additive manufacturing market?Restricted build sizes & material constraints and high pre-processing & post-processing costs restrain the growth of the market. Additionally, concerns about piracy & unauthorized distribution, scarcity of skilled professionals, high initial investment requirements, and maintaining consistent quality are challenging factors of the market.

Who are the major players operating in the additive manufacturing market?

The key players operating in the additive manufacturing market are 3D Systems Corporation (U.S.), 3DCeram (France), Arcam AB (Sweden), Autodesk, Inc. (U.S.), Canon Inc. (Japan), Dassault Systèmes SE (France), Stratasys, Ltd. (U.S.), voxeljet AG (Germany), ExOne Operating, LLC (U.S.), MakerBot Industries, LLC (U.S.), Materialise NV (Belgium), EOS GmbH (Germany), Optomec, Inc., (U.S.), Proto Labs, Inc. (U.S.), Shapeways Holdings, Inc. (U.S.).

Which regions/countries are expected to offer significant growth opportunities for the vendors operating in the additive manufacturing market?

The Asia-Pacific region is slated to witness the fastest growth rate during the forecast period and subsequently offer significant growth opportunities for the players operating in this market. The high market growth in Asia-Pacific is driven by the growing demand for customized 3D-printed products, the adoption of Industry 4.0 technologies, government initiatives, and the growing manufacturing sector in the region.Additive Manufacturing Market Size, Share, Forecast, & Trends Analysis by Offering (Hardware, Materials, Services) Technology (FDM, DMLS, SLA, SLS, Polyjet, DED) End User (Consumer, Electronics, Healthcare, Automotive, Aerospace) – Global Forecast to 2031

The additive manufacturing market is projected to reach $93.36 billion by 2031, at a CAGR of 20.3% from 2024 to 2031.

Following a comprehensive primary and secondary study and an in-depth analysis of the market scenario, this report provides the key drivers, constraints, challenges, and opportunities of the industry. This market is driven by the rising need to produce complex parts, reduce manufacturing expenses, and minimize waste, improvements in product development and supply chains, and easy customization and bulk production using additive manufacturing.

Furthermore, the growing use of 3D printers to produce functional end-use parts, composite 3D printing, increasing use of 3D printing in regenerative medicine, and increasing spending in aerospace & defense provide a significant growth opportunity for this market. However, the restricted build size & material constraints and high pre-processing and post-processing costs may restrain the growth of this market. Additionally, concerns about piracy & unauthorized distribution, scarcity of skilled professionals, high initial investment requirements, and maintaining consistent quality pose a major challenge for the players operating in this market.

Among offerings, in 2024, the services segment is expected to account for the largest share of the additive manufacturing market. Some of the services included in the segment are additive manufacturing services, education, repair & maintenance or consulting services, and training services associated with additive manufacturing hardware and software. The large market share of this segment is attributed to the growing adoption of additive manufacturing, increased funding for companies in this sector, heightened interest from manufacturers in 3D printing, and the expanding number of industries utilizing additive manufacturing to enhance value-added services.

Among technologies, in 2024, the fused deposition modeling (FDM) segment is expected to account for the largest share of the additive manufacturing market. FDM systems allow users to adjust several process parameters, such as nozzle and build platform temperatures, build speed, layer height, and cooling fan speed. The cost efficiency, ease of utilization, use of thermoplastics, preference of major market players as compared to other technologies, and the user-friendly nature of this technology are expected to boost the growth of this segment.

Among end users, in 2024, the consumer products segment is expected to account for the largest share of the additive manufacturing market. Consumer products include categories from the fashion, eyewear, footwear, and personalized accessories sectors. These products are relatively easy to manufacture and, therefore, accelerate product development cycles. The largest share of the segment is attributed to the increasing production of consumer electronics, increasing spending on jewelry & luxury goods, and rising demand for decorative art.

An in-depth analysis of the geographical scenario of the additive manufacturing market provides detailed qualitative and quantitative insights for the five major geographies (North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America) along with the coverage of major countries in each region.

In 2024, North America is expected to account for the largest share of the additive manufacturing market, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The large share of North America is attributed to factors such as the presence of key market players and the growing demand for customized 3D-printed products in the region across healthcare, consumer electronics, aerospace & defense, and automotive sectors. The region is also growing in its adoption of industrialization 4.0, increasing collaborations & investments by enterprises in the development of advanced 3D printing and its materials, and supportive government initiatives.

The key players operating in the additive manufacturing market are 3D Systems Corporation (U.S.), 3DCeram (France), Arcam AB (Sweden), Autodesk, Inc. (U.S.), Canon Inc. (Japan), Dassault Systèmes SE (France), Stratasys, Ltd. (U.S.), voxeljet AG (Germany), ExOne Operating, LLC (U.S.), MakerBot Industries, LLC (U.S.), Materialise NV (Belgium), EOS GmbH (Germany), Optomec, Inc., (U.S.), Proto Labs, Inc. (U.S.), Shapeways Holdings, Inc. (U.S.).

Scope of the Report:

Additive Manufacturing Market Assessment–by Offering

Hardware
Software
Materials
Polymers
Metals
Ceramics
Composites
Other Materials

(Other materials include resins, alloys, and sandstone)
Services

Additive Manufacturing Market Assessment–by Technology

Fused Deposition Modeling (FDM)
Selective Laser Sintering (SLS)
Direct Metal Laser Sintering (DMLS)
PolyJet
Stereolithography (SLA)
Digital Light Processing (DLP)
Directed Energy Deposition (DED)
Multi Jet Fusion
Binder Jetting
LCD 3D Printing
Laser Metal Fusion (LMF)
Electron Beam Melting (EBM)
Selective Absorption Fusion (SAF)
Other Technologies

(Other technologies include Continuous Liquid Interface Production (CLIP), Selective Deposits Layer (SDL), and Laminated Object Manufacturing (LOM).

Additive Manufacturing Market Assessment–by End User

Consumer Products
Consumer Electronics
Jewelry & Luxury Goods
Decorative Art
Parts & Fixtures
Healthcare
Dental
Prosthetic Printing
Prototype and 3D Models
Instrument Printing
Bioprinting Tissues and Organs
Automotive
Custom & Spare Parts
Prototyping
Mounts & Fixtures
General Manufacturing
Machinery & Equipment Manufacturing
Molds and Tools Printing
Parts & Prototype Printing
Electronics & Semiconductors
IC & PCB
Electronic Components
Aerospace & Defense
Prototype & Test Units
Body & Spare Parts
Weapon Printing
Mounts & Fixtures
Chemicals & Materials
Energy and Oil & Gas
Other End Users

(Other end users include food, fashion and clothing, architecture, and academic research)

Additive Manufacturing Market Assessment–by Geography

North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Netherlands
Switzerland
Sweden
Denmark
Rest of Europe (RoE)
Asia-Pacific (APAC)
China
Japan
India
South Korea
Australia & New Zealand
Indonesia
Thailand
Vietnam
Malaysia
Singapore
Rest of APAC (RoAPAC)
Latin America
Brazil
Mexico
Rest of Latin America (RoLATM)
Middle East & Africa
UAE
Israel
Rest of Middle East & Africa