Additive Manufacturing Market Report 2025

About the report This new 550 page global market study from VoxelMatters offers an in-depth analysis and a 10-year forecast of the additive manufacturing industry, encompassing all core revenue-generating segments: hardware, materials, and services, across polymer, metal, and ceramic AM. Based on proprietary data compiled over the past 15 years and extensive ongoing market research, this report provides a comprehensive overview of the industry’s evolution—from prototyping to production—and its increasing role across key industrial verticals. In 2024, the core additive manufacturing market generated nearly $12.3 billion in total revenue, with hardware contributing approximately $5.5 billion, services accounting for $4.3 billion, and materials for $2.4 billion. Hardware remains the largest category, reflecting continued capital investment in industrial AM systems, while services are quickly scaling alongside demand for production-grade parts. Polymer AM continues to lead in overall value, but metal AM showed stronger growth, and ceramic AM—though still emerging—saw the highest YoY growth. Hardware and materials demand are also driven by adoption across multiple end-user segments for internal prototyping, tooling and component/spare parts/final parts production, however the value of AM parts for internal use by vertical end-users is not quantified in this report that focuses on core AM industry revenues only. VoxelMatters also publishes vertical segment-specific market reports that quantify this value generation opportunity. The report breaks down the global AM landscape by technology family—including material extrusion (MEX), vat photopolymerization (VPP), powder bed fusion (PBF), binder jetting (BJP), material jetting (MJP), directed energy deposition (DED), bound material processes (BND), and consolidation (CON)—highlighting their adoption across different material types and applications. It also explores software workflows, post-processing, and design for additive manufacturing (DfAM), analyzing how each stage in the AM value chain contributes to scalability, quality, and cost-efficiency in the AM services segment. The study highlights how each material segment is evolving along its own trajectory, driven by unique opportunities and challenges: Polymer AM remains the largest and most widely adopted segment, used extensively in prototyping, tooling, and an increasing number of end-use applications. While capital investment in hardware still defines much of the market, adoption is accelerating due to greater material diversity and broader access to production-ready systems. Applications continue to expand in the dental, automotive, industrial, and consumer goods sectors. At the same time, the segment is undergoing a period of consolidation, with several major chemical companies—including BASF, Braskem, and Covestro—scaling back or exiting due to volume constraints. Others, like Arkema and Syensqo, are doubling down, seeing long-term potential in advanced photopolymers and thermoplastics. Metal AM is rapidly expanding and is transitioning from specialized prototyping to scalable production across aerospace, energy, and medical applications. Larger, more productive PBF systems remain the primary technology, but new technologies, such as WAAM, binder jetting, and cold spray, are gaining traction for the cost-effective production of large or complex parts. Materials companies like ATI, Sandvik, and Carpenter Additive continue to invest in high-value powders, although many have pulled back from service activities due to limited profitability and scalability. The metal segment reflects a maturing ecosystem, where scalability, productivity, and part certification are increasingly driving demand. Ceramic AM, while still the smallest segment by revenue, experienced the highest growth rate in 2024. It is emerging as a vital enabler for high-performance applications in sectors with extreme material demands—such as aerospace, semiconductors, medical, and industrial tooling—where ceramics offer unmatched thermal, mechanical, and chemical resistance. The market remains heavily hardware-driven, with stereolithographic systems (SLA and DLP) serving as the leading technologies, and binder jetting gaining relevance for technical ceramics like silicon carbide. Materials and services are still fragmented, with most innovation led by specialized hardware vendors such as Lithoz and 3DCERAM, or specialized companies like Schunk. This global report builds on the findings of VoxelMatters’ individual Polymer AM, Metal AM, and Ceramic AM market studies. In doing so, it presents a unified and comparative overview of the entire additive manufacturing industry, examining how each material category contributes to the broader ecosystem. It introduces new cross-segment analyses of hardware, materials, and services, providing side-by-side comparisons of polymer, metal, and ceramic AM markets. This comprehensive approach offers a deeper understanding of how different materials evolve independently while converging toward scalable production solutions. Backed by over 268,000 data points and 205 detailed data tables and charts, this 550 page report delivers actionable insights into the trends, challenges, and opportunities shaping the future of AM. The dataset was developed using the VoxelMatters Directory—the world’s largest verified AM company database—with over 7,500 listings. For this report, the research team identified 409 hardware manufacturers, 356 material suppliers, and 776 service providers across polymer, metal, and ceramic segments, totaling 1,541 entities (1,174 unique companies). This report reflects how a rapidly diversifying ecosystem is reshaping AM’s competitive landscape. Prominent and emerging companies featured in the report include: Prominent and emerging companies featured in the report include 3D Systems, 3DCERAM, 3DEO, ADDMAN, AddUp, Admatec, Airtech, Alumina Systems, Anycubic, AON, Arkema, ATI, Bambu Lab, BASF, BEGO, BLT (Bright Laser Technologies), BMF, Bosch Advanced Ceramics, Braskem, Carbon, Carpenter Additive, Ceramaret, Ceramco, CeramTec, Cipres, Colibrium Additive (formerly GE Additive), Concr3de, Covestro, Creality, Cumberland Additive, DMG MORI, DWS, ELEGOO, EOS (and ALM), Eplus3D, ERPRO Group, eSun, Facfox, Falcontech, Farsoon, FGK, FIT AG, Flashforge, Formatec, Formlabs, GKN (and Forecast 3D), GF Machining Solutions, HeyGears, HLH, HP Additive Manufacturing, HBD, Höganäs, iLaser, Incus, IN3DTEC, JAMPT, Jabil, Jingrui3D, Kings 3D, Kyocera Fine Ceramics, Lithoz, Linde, Markforged, Materialise, MCPP, Mimaki, Nano Dimension (incl. Desktop Metal, ExOne, Markforged, Digital Metal), Nanoe, Nikon SLM Solutions, Oerlikon, OECHSLER, Pankl, Photocentric, Polymaker, Prodways, Proto Labs, ProtoFab, Prototal, Prusa Research, Quickparts, RAM3D, Renishaw, SABIC, Saint-Gobain, Sandvik, Schunk Carbon Technology, Seurat, Shapeways, SINTX Technologies, SK Fine, SLM Solutions, Solid Solutions (incl. 3DPRINTUK), Spectrum Filaments, SprintRay, Steinbach, Stratasys, Syensqo, Tethon 3D, Ten Dimensions, Toolcraft, TRUMPF, UnionTech/Unionfab, Velo3D, voestalpine, voxeljet, VulcanForms, WeNext, WZR Ceramic Solutions, and XJet, among many others. Beyond supporting existing suppliers’ market analysis and development efforts, this report is designed to help companies enter the AM market and capitalize on emerging opportunities. OEMs interested in adopting AM for part production will gain a clear understanding of currently available technologies, materials, and services, along with their benefits and challenges. Additionally, this study serves as a valuable guide for investors seeking to identify the next wave of disruptive manufacturing technologies.  To learn more about the scope of this study and the methodology behind this research please contact us.