At VoxelMatters, we’re proud to announce the pre-sale launch of our most complete market evaluation so far: the AM Market 2025 report. With over 550 pages of in-depth insights and a sturdy 10-year forecast, this research delivers a whole overview of the additive manufacturing trade’s present standing and future trajectory. In keeping with our newest findings, the worldwide AM trade—encompassing {hardware}, supplies, and companies—generated almost $12.3 billion in income in 2024. We forecast that this determine will develop considerably to $108 billion by 2034, supported by a robust compound annual progress charge of 24.4%.
This report marks the end result of VoxelMatters’ market analysis technique, which started with the institution and launch of our listing of AM corporations in 2013. Earlier than releasing a complete report on your complete AM trade, we began analyzing market knowledge in 2021 by specializing in particular core AM materials segments (Polymers and Composites, Metals and Ceramics), which we explored in nice depth all the way down to particular AM applied sciences and supplies. We then proceeded to research AM product revenues and inner half manufacturing inside a number of the key vertical adoption segments (beginning with Aerospace and Client Merchandise). Evaluating (and periodically re-comparing) knowledge to this degree of fragmentation has enabled us to realize the best degree of accuracy when quantifying your complete core AM trade on this newest market report.
The 2024 outcomes paint an image of an trade that’s each dynamic and more and more mature. {Hardware} led the market with $5.5 billion in income, adopted by $4.3 billion from companies and $2.4 billion from supplies. This displays continued funding in AM programs and a quickly increasing companies section that’s assembly the rising demand for end-use half manufacturing. Whereas polymer AM nonetheless leads in general market worth, metallic AM is growing extra quickly, and ceramic AM, although nonetheless in its early phases, recorded the best year-on-year progress. These developments spotlight the numerous and evolving paths of every materials section throughout the broader AM ecosystem.
On this version, we focus particularly on core AM trade revenues. Nonetheless, we acknowledge {that a} substantial quantity of worth is generated by means of inner half manufacturing by vertical end-users. Whereas tough to quantify, this part is crucial to understanding the broader impression of AM. That’s why we tackle these dynamics in our specialised vertical market experiences, which counterpoint the info and insights introduced right here.
Our report gives an in depth breakdown of all key additive manufacturing applied sciences. We delve into materials extrusion, vat photopolymerization, powder mattress fusion, binder and materials jetting, directed power deposition, certain materials processes, and consolidation applied sciences. Every know-how is analyzed when it comes to materials compatibility, adoption developments, and scalability. This helps us paint a whole image of how every course of contributes to the trade’s transformation—from early-stage prototyping to large-scale, high-throughput manufacturing.
However we didn’t cease at {hardware}. We additionally study important parts of the AM worth chain equivalent to software program integration, post-processing, and design for additive manufacturing (DfAM). These capabilities play a essential function in guaranteeing constant high quality, cost-efficiency, and the power to scale manufacturing, particularly as extra corporations combine AM into their serial manufacturing operations.
From a supplies standpoint, our evaluation reveals shifting dynamics throughout polymers, metals, and ceramics. Polymer AM stays the biggest and most generally adopted section, due to its flexibility and broad vary of purposes from prototyping to last half manufacturing. Nonetheless, the market is present process a interval of consolidation. Corporations like BASF, Braskem, and Covestro are reevaluating their positions, whereas others equivalent to Arkema and Syensqo are doubling down on investments in high-performance supplies.
Metallic AM is maturing quickly, pushed by sturdy demand in aerospace, power, and healthcare. Whereas powder mattress fusion stays the dominant know-how, alternate options equivalent to wire arc additive manufacturing, binder jetting, and chilly spray are gaining traction. Materials suppliers like ATI, Sandvik, and Carpenter Additive proceed to spend money on high-value powders, although some are pulling again from companies attributable to profitability and scalability challenges.
Ceramic AM, though nonetheless the smallest in complete income, noticed the quickest progress in 2024. This section is rising as a strong resolution for purposes that require distinctive resistance to warmth and chemical compounds, notably within the aerospace, semiconductor, and superior tooling industries. The market is closely pushed by {hardware} innovation, particularly in stereolithography and binder jetting programs. Corporations equivalent to Lithoz, 3DCERAM, and Schunk are main the best way with groundbreaking applied sciences and supplies.
What units our AM Market 2025 report aside is our holistic, comparative strategy. We’ve constructed upon our earlier deep-dive research in polymer, metallic, and ceramic AM to supply a unified view of how every materials class contributes to the broader manufacturing ecosystem. The report affords a side-by-side evaluation of applied sciences, companies, and supplies, offering stakeholders with a nuanced understanding of the place alternatives lie.
Our dataset—constructed on greater than 268,000 verified knowledge factors—consists of 205 detailed charts and tables. We’ve recognized and analyzed a complete of 1,541 corporations, comprising 409 {hardware} producers, 356 materials suppliers, and 776 service suppliers. The businesses featured on this report signify a cross-section of the worldwide AM market, from trade leaders to promising innovators.
This research isn’t just a software for benchmarking. It’s a strategic information for corporations trying to enter the additive manufacturing house and for OEMs in search of to undertake AM applied sciences for manufacturing. For traders, it affords readability on which segments are poised for disruption and the place the following breakthroughs in digital manufacturing will emerge.
With the AM Market 2025 report, we reaffirm our dedication to delivering essentially the most full, correct, and actionable market intelligence within the additive manufacturing trade. To discover the complete scope of our findings or to entry this essential report, we invite you to go to VoxelMatters Analysis.
