Between 2020 and 2023, the global additive manufacturing market is expected to grow by some 17 percent annually. Although the 3D printing materials market is currently dominated by plastics, metal materials are projected to spur market growth.
Global additive manufacturing market size
3D technology is predicted to be a highly disruptive force within the global manufacturing industry. The global additive manufacturing market is expected to shift from prototyping to mass production of parts and accessories. By 2030, it is predicted that additive manufacturing technologies will enable companies to produce finished products on a large scale. In the era of additive manufacturing, it is no longer necessary to use welding machines to fuse steel sheets or to employ cutting machines to mill components, as the job is done by industrial 3D printers. These marvelous machines are produced by the likes of Stratasys, 3D Systems, and EOS.
Global additive manufacturing market outlook
The rising number of application areas is expected to drive industry revenue, with the production of tooling components and patterns for metal castings being the most promising fields of growth. The market for additive manufacturing products and services is predicted to almost triple between 2020 and 2026.
Projected global additive manufacturing market growth between 2020 and 2026
Characteristic
Compound annual growth rate
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
The additive manufacturing market include products, accessories, materials, and services.
For the Statista estimate an exponential development of the values between 2020 and 2023, 2023 and 2025, and 2025 and 2026 was assumed to estimate the annual values. The values for 2020 through 2026 were provided by the source.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (June 17, 2021). Projected global additive manufacturing market growth between 2020 and 2026 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/284863/additive-manufacturing-projected-global-market-size/
Statista. "Projected global additive manufacturing market growth between 2020 and 2026." Chart. June 17, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/284863/additive-manufacturing-projected-global-market-size/
Statista. (2021). Projected global additive manufacturing market growth between 2020 and 2026. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/284863/additive-manufacturing-projected-global-market-size/
Statista. "Projected Global Additive Manufacturing Market Growth between 2020 and 2026." Statista, Statista Inc., 17 Jun 2021, https://www.statista.com/statistics/284863/additive-manufacturing-projected-global-market-size/
Statista, Projected global additive manufacturing market growth between 2020 and 2026 Statista, https://www.statista.com/statistics/284863/additive-manufacturing-projected-global-market-size/ (last visited August 25, 2024)
Projected global additive manufacturing market growth between 2020 and 2026 [Graph], Statista, June 17, 2021. [Online]. Available: https://www.statista.com/statistics/284863/additive-manufacturing-projected-global-market-size/