Additive Manufacturing Machine Market size, share and forecast to 2030

Additive Manufacturing Machine Market size is projected to grow at USD 75.56 billion by 2032 and a CAGR of 18.50% during the forecast period (2023 - 2032).

Global Additive Manufacturing Machine Market Overview

Additive Manufacturing Machine Market size is projected to grow at USD 75.56 billion by 2032 and a CAGR of 18.50% during the forecast period (2023 - 2032).

Additive manufacturing, also known as 3D printing, has been a rapidly growing industry with various applications in aerospace, automotive, healthcare, consumer goods, and more. The global additive manufacturing machine market has experienced significant growth due to advancements in technology and increasing adoption across industries.

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Additive manufacturing machine key market players

Key companies in the additive manufacturing machine market include

  • DMG MORI Co., Ltd.
  • Mazak Corporation
  • Matsuura Machinery Corporation
  • Stratasys Ltd
  • Voxeljet AG
  • Optomec
  • Eplus3D
  • Okuma America Corporation
  • Fabrisonic

Technology Trends:

The market witnessed ongoing advancements in 3D printing technologies, such as stereolithography (SLA), selective laser sintering (SLS), fused deposition modeling (FDM), and metal 3D printing. Metal additive manufacturing, in particular, was gaining traction for applications in aerospace, healthcare, and automotive industries.

Market Drivers:

Key drivers of the additive manufacturing machine market included cost-effectiveness in low-volume, high-complexity production, reduced material waste, design flexibility, and the ability to create custom and intricate parts.

Additive Manufacturing Machine Market Segmentation

Additive Manufacturing Machine Market Technology Outlook (USD Billion, 2018 -2032)

  • PolyJet
  • Fused Deposition Modeling (FDM)
  • Stereolithography
  • Selective Absorption Fusion (SAF)
  • Others (Inkjet Printing, Digital Light Processing, etc.)

Additive Manufacturing Machine Market Application Outlook (USD Billion, 2018 -2032)

  • Rapid Prototyping
  • Manufacturing
  • Composite Tooling

Additive Manufacturing Machine Market End User Industry Outlook (USD Billion, 2018 -2032)

  • Aerospace Defense
  • Automotive
  • Consumer Products
  • Healthcare
  • Others

Additive Manufacturing Machine Regional Outlook

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Rest of world

Challenges: Challenges included the need for standardization, quality control, post-processing requirements, and scalability for mass production.

Additive Manufacturing Machine Industry Developments

3D Systems and SWANY Collaboration (June 2023): The collaboration between 3D Systems and SWANY Co., Ltd. to promote large-format pellet extrusion 3D printing in Japan is a significant move. Large-format 3D printing has a wide range of applications, including in industries like aerospace and automotive. The introduction of a new demo center featuring the 3D Systems EXT 1070 Titan Pellet printer suggests a push to demonstrate the capabilities of this technology and expand its adoption in the Japanese market.

Mazak's VARIAXIS i-800 NEO (February 2021): The launch of the VARIAXIS i-800 NEO 5-Axis Machine by Mazak represents an improvement over an already popular 5-axis machining center. Key enhancements such as a more powerful CNC, faster machining cycle times, increased workpiece capacity, and additional automation possibilities reflect the industry's ongoing drive for efficiency, precision, and productivity. This development can have a significant impact on the aerospace, automotive, and other manufacturing sectors that rely on 5-axis machining for complex part production.

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