The 2024 Additive Manufacturing Report captures a sector undergoing a renaissance of growth and innovation. With an impressive 9.34% increase in industry growth over the last year, additive manufacturing is reshaping production processes worldwide. This report will explore emerging startups and established entities driving this expansion. It also talks about the influx of new patents and grants, and the global hubs leading the charge. This additive manufacturing report will help you understand the impact and future potential of additive manufacturing.
The additive manufacturing market report serves as a reference for stakeholders within the industry, investors, policymakers, and economic analysts, providing a snapshot of the industry’s health to map its trajectory for innovation and growth in the coming years.
StartUs Insights Additive Manufacturing Report 2024
- Executive Summary
- Introduction to the Additive Manufacturing Report 2024
- What data is used in this Additive Manufacturing Report?
- Snapshot of the Global Additive Manufacturing Industry
- Funding Landscape in the Additive Manufcaturing Industry
- Who is Investing in Additive Manufacturing?
- Emerging Trends in the Additive Manufacturing Industry
- 5 Additive Manufacturing Startups impacting the Industry
Executive Summary: Additive Manufacturing Industry Report 2024
This report is created using data obtained from the Big Data and AI-powered StartUs Insights Discovery Platform. It covers more than 4.7 million global companies, as well as 20K+ technologies and emerging trends. We also analyzed a sample of 1300+ additive manufacturing startups developing innovative solutions to present five examples from emerging industry trends.
- Industry Growth Overview: The additive manufacturing sector has seen a robust 9.34% growth in the last year, signaling a renaissance of innovation reshaping production across the globe.
- Manpower & Employment Growth: The industry has added more than 59000 new jobs, indicating a growing demand for 3D printing expertise and contributing to the current global workforce of 936000.
- Patents & Grants: Additive manufacturing has made a significant mark with over 15000 patents, driven by a surge in innovation, and supported by 1000+ grants, highlighting strong investment in new technologies.
- Global Footprint: The industry’s global reach is reflected in its top country hubs—USA, Germany, India, UK, and Italy—and leading city hubs including New York City, London, Shenzhen, Melbourne, and San Francisco.
- Investment Landscape: With an average investment value of USD 15 million and over 6380 funding rounds, the sector boasts a dynamic investment landscape and strong investor confidence.
- Top Investors: Leading investors like SoftBank Vision Fund, Summit Partners, and New Enterprise Associates have invested over USD 1.4 billion, showcasing a strategic focus on the transformative potential of additive manufacturing.
- Featured Startups: Imprimakers (Online 3D Printing), Phase3D (Real-time Monitoring), PRES-X (Post-Processing), and 3D BISTRO (Selective Laser Sintering).
- Recommendations for Stakeholders: Stakeholders should leverage the growth in metal and dental 3D printing, and the advancements in 3D printing research. With further encouragement in investment and innovation, it will also be crucial to support the development of new materials. This will help maintain the sector’s high growth trajectory and kickstart new manufacturing processes and systems.
Explore the Data-driven Additive Manufacturing Report for 2024
The Additive Manufacturing Report 2024 uses data from the Discovery Platform and encapsulates the key metrics that underline the sector’s dynamic growth and innovation. The report illuminates the sector’s impressive growth, with a significant 9.34% industry growth witnessed over the last year. The database now includes 21299 companies, marking the sector as a thriving hub of innovation and commercial activity. The employee growth figure, with over 59,000 new jobs added, reflects the industry’s capacity to generate employment and its growing importance in the global job market.
What data is used to create this additive manufacturing report?
Based on the data provided by our Discovery Platform, we observe that the additive manufacturing industry ranks among the top 5% in the following categories relative to all 20K topics in our database. These categories provide a comprehensive overview of the industry’s key metrics and inform the short-term future direction of the industry.
- News Coverage & Publications: Additive manufacturing is almost always part of tech news coverage and publications. It has more than 40000 publications.
- Funding Rounds: With data on over 6380 funding rounds available in the database, this sector secures a top position in investment activities across industries.
- Manpower: It has a workforce of more than 936000 individuals and has added over 59000 new employees in the last year. The industry is quickly becoming a big tech employer.
- Patents: The industry’s commitment to innovation is further highlighted by its holding of over 15000 patents.
- Grants: With 1041 grants awarded, the additive manufacturing sector also ranks high for research and development funding.
A Snapshot of the Global Additive Manufacturing Industry
The global manpower in the additive manufacturing industry stands at an impressive 936000. The top country hubs are located in the USA, Germany, India, the UK, and Italy. These countries are leading the charge in additive manufacturing, supported by top city hubs such as New York City, London, Shenzhen, Melbourne, and San Francisco. These cities foster environments that nurture growth and innovation in this field.
The additive manufacturing (also known as 3D printing) industry has experienced significant growth, underscored by an impressive manpower increase of more than 59000 in the last year. This surge in workforce size highlights the industry’s expanding scope and the rising demand for AM expertise across various sectors.
Explore the Funding Landscape of the Additive Manufacturing Industry
Financially, the industry has seen robust activity, with the average investment value in companies reaching USD 15 million. This figure indicates strong investor confidence in additive manufacturing technologies, from prototyping to full-scale manufacturing across diverse industries.
Moreover, the industry sees over 2000 investors closing more than 6380 funding rounds. This substantial number of funding rounds showcases the dynamic and vibrant investment landscape within the industry, pointing to a healthy pipeline of innovation and development projects to further enhance the capabilities of additive manufacturing.
Overall, the data presents a clear picture of a thriving additive manufacturing industry, characterized by significant employee growth, strong investment levels, and a wide base of financial support from investors globally. This trend also underscores the industry’s critical role in shaping the future of manufacturing and its potential for continued growth and innovation.
Who is Investing in Additive Manufacturing?
The additive manufacturing industry has garnered significant investment interest, with the top investors contributing more than USD 1.4 billion across a select group of companies. This substantial investment underscores the strategic importance placed on this sector and its potential for revolutionizing manufacturing processes. Some of the top investors are:
- SoftBank Vision Fund: it leads the pack, having invested USD 350 million in 3 companies. This demonstrates its strong belief in the transformative power of additive manufacturing technologies.
- Summit Partners: following closely with an investment of USD 292 million in 2 companies, it showcases its strategic focus on high-potential entities within the sector.
- New Enterprise Associates: it has spread its investment across 5 companies, totaling USD 189 million, indicating a broader interest in nurturing innovation within the industry.
- Valmet: its investment strategy is notable for its focus, investing USD 186 million in just 1 company, reflecting a targeted approach to fostering technological advancements.
- Nano Dimension: it has committed USD 150 million across 3 companies, underscoring its dedication to supporting the growth of additive manufacturing.
- Tiger Global Management: with an investment of USD 136 million in 3 companies, it highlights its confidence in the sector’s growth trajectory and innovation potential.
- European Investment Bank: it has made significant contributions, investing USD 112 million in 4 companies, showcasing support for the industry’s development from a more institutional perspective.
These investments reflect a robust and dynamic additive manufacturing industry, with key financiers playing a pivotal role in driving forward technological advancements and scaling innovative solutions across the manufacturing landscape.
Gain Access to Top Additive Manufacturing Innovations & Industry Trends with the Discovery Platform
The visual below details the emerging trends in additive manufacturing, pinpointing sectors that have witnessed significant attention over the past year. Metal 3D Printing takes the lead with a staggering 6.3K mentions, underscoring its pivotal role in industrial applications, followed closely by Dental 3D Printing and 3D Printing Research, which have garnered 935 and 3K mentions respectively.
In terms of company involvement, Metal 3D Printing again dominates with 1K companies actively engaged, while 3D Printing Resins and Dental 3D Printing show strong engagement with 246 and 166 companies involved. These trends reflect the industry’s rapid evolution and the growing importance of 3D printing technologies across various sectors.
Explore Firmographic Data for All Additive Manufacturing Trends
In the additive manufacturing landscape, Metal Additive Manufacturing, 3D Concrete Printing, and Manufacturing 3D Printing emerge as the top three trends, each showcasing remarkable growth and innovation.
- Metal Additive Manufacturing leads with an annual growth rate of 38.14%. It encompasses 516 companies and over 26000 employees, bolstered by 2300 new hires last year.
- 3D Concrete Printing follows with a robust growth rate of 32.01%. It involves 143 companies and 6100 employees, further expanded by 540+ new employees.
- Manufacturing 3D Printing, with 1629 companies and 54000 employees, exhibits a solid growth rate of 10.78%. It also added 4700 new employees in the last year.
These trends highlight the industry’s rapid evolution, driven by technological advancements and increasing demand for expertise across various sectors.
5 Top Examples from 1300+ Innovative Additive Manufacturing Startups
The five innovative additive manufacturing companies showcased below are picked based on data including the trend they operate within and their relevance, founding year, funding status, and more. Book a platform demo to find promising startups, emerging trends, or industry data specific to your company’s needs and objectives.
Imprimakers simplifies Online 3D Printing
Spanish startup Imprimakers recreates physical models through 3D scanning or molding. It offers a 3D printing service through 5 simple steps, where any user can upload their 3D model to their website and obtain an instant price quote. Customers select the material, color, and finish of their project. Once the order is placed online, the startup begins production and ships within 4-5 days.
Phase3D enables Real-time Monitoring of Additive Manufacturing Processes
US-based startup Phase3D develops Fringe, a system for in-situ monitoring and detection of anomalies in additive manufacturing processes like powder bed fusion and binder jetting. Fringe uses structured light and 3D scanning to capture height maps of each printed layer and detect flaws.
It provides quantitative data displayed in 3D to give insight into any problems and enable informed decision-making. The system is attached to various 3D printers to monitor the printing process at any scale. Fringe addresses issues strategically using objective data and high precision.
PRES-X advances 3D Printing Post-processing
Italian startup PRES-X offers post-processing tools for additive manufacturing components. It provides de-powdering methods to fully remove residual powder from parts, even within minuscule channels. PRES-X also uses a high-pressure heat treatment and hot isostatic pressing (HIP) system simultaneously to strengthen AM components. In addition, its on-site materials laboratory analyzes materials chemically and microscopically and also tests for corrosion. PRES-X offers tomography and X-ray services for defect detection and dimensional measurements of parts.
3D BISTRO advances Selective Laser Sintering
Polish startup 3D BISTRO offers 3D printing services using selective laser sintering (SLS) technology. Its in-house 3D printing facility produces parts out of materials like PA12, PA11, and TPU in various colors. The ordering process involves uploading a 3D file, selecting options, paying, and receiving the finished part. Its SLS technology allows for multiple objects to eb printed at the same time, speeding up the process and making it more economical, especially for small-scale production.
Looking for Comprehensive Insights into Additive Manufacturing Trends, Startups, or Technologies?
The additive manufacturing industry is growing fast in manpower, investment, and market activity. With a remarkable 9.34% increase in industry size, the landscape of manufacturing is being redefined. The synergy of new patents, grants, and expansive global manpower suggests a vibrant future for additive manufacturing. It is poised to continue its essential role in revolutionizing production and driving economic progress. Book a platform demo to explore all 1300+ startups and scaleups, as well as all trends impacting your business.
