Additive Manufacturing market report

Metal and polymer AM buyer expect double digit growth outlook for 2028

The AMPOWER Report 2024 values the entire Additive Manufacturing market for metal and polymer systems, material and part manufacturing services at more than EUR 10 billion in 2023 with a projected double-digit growth until 2028. The industrial polymer Additive Manufacturing market is about double in size of its metal equivalent. While system sales revenues in both markets are at a similar level, material and part manufacturing suppliers are much more developed for polymers resulting in a larger share of revenue.

Following a setback in 2020, the Additive Manufacturing market rebounded and resumed its growth trajectory. In 2023, equipment suppliers achieved record-high revenues. However, profitability remains a challenge for suppliers, leading to lower market valuations and a reduced growth outlook compared to previous years. Consolidation among the leading equipment and material suppliers is expected in the coming period.