According to ARC Advisory Group‘s research on the Additive Manufacturing market, 2023 demonstrated continued growth across various sectors. Market analysts report that the additive manufacturing sector has grown moderately, driven by increasing demand for customization, lightweight components, and rapid prototyping. The rise of multi-material and hybrid systems provide manufacturers with enhanced versatility, while also addressing the growing need for faster, high-precision production capabilities. Metal printing, in particular, has seen increased adoption, surpassing traditional plastic printing due to its ability to produce stronger, more durable parts suitable for end-use applications in sectors like aerospace and automotive. These advancements are supported by rising investments from governments, which have seen the potential for additive manufacturing to drive technological innovation and boost manufacturing efficiencies.
“Additive manufacturing has evolved from a niche technology into a mainstream manufacturing solution, expanding beyond prototyping to full-scale production in various industries. Despite challenges such as high initial equipment costs and material availability, increasing investments from governments and private sectors are driving technological innovation and making additive manufacturing more accessible. This transformation is enabling the creation of lightweight components and highly customized products, offering solutions that traditional manufacturing methods cannot easily replicate,” according to Mohan Krishna, Research Analyst and key author of ARC's Additive Manufacturing Machinery Market Research.
Additive Manufacturing Market Trends
In addition to providing detailed competitive market share data, the research also addresses key market trends as follows:
- Expansion of 3D Printing in Healthcare: Personalized Medical Devices and Bioprinting
- Role of Additive Manufacturing in Addressing Semiconductor Manufacturing Challenges
Leading Suppliers to the Additive Manufacturing Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: 3D Systems, Desktop Metal, EOS, Formlabs, Stratasys.
About the Additive Manufacturing Research
The Additive Manufacturing Machinery research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and three years of historical analysis. The segmentation includes Industry, Customer Type, World Region, Sales Channel, Service by Type, Revenue Category, Type, Printing Technology, Overall Scope, Machine by Material.
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