U.S. Additive Manufacturing Market Emerging Trends, Opportunities and Forecasts 2030

U.S. Additive Manufacturing Industry Overview

The U.S. additive manufacturing market size was valued at USD 2.99 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 18.9% from 2022 to 2030.

The assertive research & development in three-dimensional printing and the increasing demand for prototyping applications from various industry verticals, particularly healthcare, automotive, and aerospace & defense, are expected to drive the growth of the market. The use of additive manufacturing in industrial applications usually denotes 3D Printing (3DP). Additive manufacturing involves a layer-by-layer addition of material to form an object referring to a three-dimensional file with the help of software and a 3-dimensional printer.

Gather more insights about the market drivers, restrains and growth of the U.S. Additive Manufacturing Market

U.S. additive manufacturing market size, by technology, 2020 - 2030 (USD Billion)

A relevant additive manufacturing technology is selected from the available set of technologies to implement the process. The last step involves the deployment of this process across different industry verticals based on the necessity. The utilization includes providing installation services, offering consultation solutions, and customer support, as well as handling aspects related to copyrights, licensing and patenting. Additive manufacturing is helping manufacturers in terms of prototyping, designing of the structure & end products, modeling, and time to market. As a result, the production expenses have reduced considerably, and the manufacturers are in a position to offer better products at reasonable prices.

As a result of these benefits, the demand for 3D printers is expected to increase in the coming years. In the U.S., 3D printers are helping to develop complex machinery and parts with ease; mass customization, improved speed to market, and waste reduction are the key factors boosting the market growth. The market in the U.S. is likely to be driven by increasing attempts by various end-use sectors to include 3D printers as mainstream manufacturing equipment. In addition, the availability of 3D printers in a variety of sizes and capacities is projected to propel market expansion. However, the prevalent misconceptions with respect to the prototyping processes held by the small- and medium-scale manufacturers are hindering the adoption of additive manufacturing.

Companies involved in designing, mainly small- & medium-scale enterprises, are deliberating before considering investments in prototyping as accountable investments rather than trying to understand the advantages and benefits of prototyping. The general notion prevailing among these enterprises is that prototyping is merely an expensive phase before manufacturing. Such perceptions regarding prototyping, coupled with the lack of technical knowledge and a looming shortage of standard process controls, are expected to hinder the market growth. The COVID-19 pandemic significantly impacted the overall U.S. economy and, subsequently, the additive manufacturing industry.

Furthermore, due to the outbreak, the situation deteriorated in the U.S. Due to the virus’s rapid spread, the governments issued an order for the complete lockdown of some key cities. The complete lockdown affected the production of additive manufacturing printers. This is attributed to the labor shortage and the complete disruption of logistics and supply chain in the nation. The halt in additive manufacturing production had an adverse impact on the overall market growth in the first and second quarters of 2020.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

  • 3D Printing Market - The global 3D printing market size was valued at USD 13.84 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 20.8% from 2022 to 2030.
  • Additive Manufacturing Market - The global additive manufacturing market size was valued at USD 13.84 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 20.8% from 2022 to 2030.

Market Share Insights

  • April 2017: Lockheed Martin, a U.S.-based aerospace company, 3D-printed the remote interface unit used in communication satellites by the U.S. Airforce. The ADMC Print, a 3D printing solution provider company, has 3D-printed a dome covering the aircraft’s high-pressure fuel tank.

Key Companies profiled:

Some prominent players in the U.S. additive manufacturing market include

  • EnvisionTec, Inc.
  • 3D Systems, Inc.
  • GE Additive
  • Autodesk, Inc.
  • Made In Space
  • Solidscape, Inc.
  • Prodways Americas
  • Sciaky, Inc.
  • Airwolf 3D Printers
  • AON3D
  • Ultimaker BV
  • Revolution 3D Printers

Order a free sample PDF of the U.S. Additive Manufacturing Market Intelligence Study, published by Grand View Research.

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