Additive Manufacturing Research (AM Research) has published its “Q4 2024 3DP/AM Market Data and Forecast” for both the Metal AM and Polymer AM markets, along with its associated market insights report which distills and analyzes the data. AM Research’s quarterly 3DP/AM market data product represents the most thorough and accurate data available worldwide, tracking markets by vendor, print technology, geography, and application (industry).
The data shows year over year total market (consisting of Metal, Polymer and Ceramic 3D printers, materials, and services) size of $15.9B, representing growth of 8.3%. Sequential total market size grew from $3.49B in Q3 2024 to $3.68B in Q4 2024.
EVP of AM Research Scott Dunham states, “2024 was a challenging but healthy year for the additive manufacturing industry. Companies in this space have proven that they’re willing to rise to the challenge again and again, and we’re now seeing adaptations in the landscape play out that will be necessary to keep the industry on its long-term growth trajectory, including finding ways to bring the cost of AM production systems down without sacrificing on customers’ requirements. We’re seeing what we think are the beginnings of a growth turnaround coming out of 2024 but suggest caution in putting too much emphasis on one quarter’s performance. We expect 2025 to be, overall, more positive for all segments of the industry.”
Companies included in AMR’s Core Metals and Core Polymerstracking data and 3DP/AM Market Insights report include but are not limited to: 3D Systems, Stratasys, Markforged, Desktop Metal, Velo3D, Nikon SLM Solutions, EOS, Colibrium (GE Additive), Trumpf, Farsoon, BLT, HBD, Eplus, Optomec, BeAM, HP, Formlabs, Prodways, Renishaw, One Click Metal, XACT Metal, Addimetal, Headmade, and Carbon.
About the Report
Additive Manufacturing Research’s “Core Metals” and “Core Polymers” market data products include nearly a decade of historical quarterly data and provide 10-year forward forecasts. Quarterly reports on the metal and polymer AM markets are available as a one-time or subscription purchase via AMR’s website and are customizable as needed.
AM Research’s “3DP/AM Market Insights: Q4 2024”, a written analysis combined with proprietary charting and graphs, provides color and context to AM Research’s traditional Core Metal and Core Polymer market data products. The 3DP/AM Market Insights report is also available for purchase as a subscription or as a standalone product.
From the Report
- The AM hardware market saw its highest ever quarterly revenues in Q4 2024, perhaps signaling the start of a rebound, the result of some deferred sales, or a combination of both. However, a strong Q4 was not enough to offset weakness if the first nine months of 2024.
- For the first year ever, the AM materials market was larger than the AM hardware market. AM materials markets remain strong, but AM Research has observed slowing growth due to impacts from slower hardware sales and pricing pressure on metal powders.
- The AM print services markets are evolving into segmented, specialized areas, challenging some providers of broader services.
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