Industrial 3D printing: market will recover by 2025 according to CONTEXT

According to the latest data from market research company CONTEXT, the market for industrial 3D printing systems is set to recover noticeably from the second half of 2025. Sales of printers worth over USD 100,000 fell by 15% in the first half of 2024. In the same period, however, low-cost entry-level devices under USD 2,500 recorded growth of 41%, which had a significant impact on the overall market picture.

The mid-price range ($20,000-$100,000) and professional systems ($2,500-$20,000) also suffered declines of 10% and 28% respectively. It is particularly noteworthy that the upper and lower market segments together accounted for 85% of total sales. Preliminary figures indicate that only the entry-level segment will show growth in 2024, while more expensive systems will record declines.

The main reasons for the decline in demand in the high-price segment were high interest rates and limited investment. However, China showed stronger demand for industrial systems in 2024, especially for metal applications. Global demand for metal 3D printers remains more stable than for polymer printing systems.

However, Chris Connery, VP of Global Analysis at CONTEXT, sees positive signs: “Falling interest rates and lower capital costs could revitalize the high-price segment of 3D printing. Manufacturers are reporting a growing number of interested buyers waiting for more attractive financing conditions.”

Forecasts predict that sales of industrial 3D printing systems will increase by 15% in 2025. This growth will be driven in particular by metal printers with powder bed fusion processes. In addition, mid-range printers are expected to grow by 14% and professional systems by 8%. The strongest momentum continues to be seen in China, which is playing a key role in the market recovery.

In the long term, the market for additive manufacturing remains on course for growth. CONTEXT forecasts an average annual growth rate of 19% for industrial systems until 2029. The trend towards additive series production, particularly in sectors such as aviation, automotive and medical technology, underlines the increasing importance of the technology.