{"id":8991,"date":"2026-03-30T09:52:43","date_gmt":"2026-03-30T09:52:43","guid":{"rendered":"https:\/\/smartfactory.lt\/?p=8991"},"modified":"2026-03-30T09:52:45","modified_gmt":"2026-03-30T09:52:45","slug":"additive-manufacturing-2024-market-analysis","status":"publish","type":"post","link":"https:\/\/smartfactory.lt\/lt\/additive-manufacturing-2024-market-analysis\/","title":{"rendered":"Looking Back: Additive Manufacturing in 2024 Facts"},"content":{"rendered":"<p>Our CEO took a step back to examine the definitive facts of additive manufacturing (AM) in 2024 :).<\/p>\n<p><strong>Industry growth:<\/strong> The core additive manufacturing (AM) market grew by 19% year-over-year in 2024 to $12.3B, and almost half of that revenue was from SMEs\u2014a reminder of their fundamental importance, even if they were not receiving significant media attention at the time.<\/p>\n<p><strong>Market dynamics:<\/strong> Sensational news stories often seize attention, but the real story of the sector is steady long-term growth. The market is estimated to grow almost 9\u00d7 by 2034 and will exceed $108B per year.<\/p>\n<p><strong>2024 segments:<\/strong><\/p>\n<p><strong>Hardware:<\/strong> $5.5B (+19.7% YoY), representing 45% of the market share. Unit sales increased to 1.44M (+26%), with both low-cost polymer extrusion systems and advanced metal systems driving the growth.<\/p>\n<p><strong>Materials:<\/strong> $2.4B (+18.2% YoY), accounting for 20% of the market. Metal materials led the growth at +25.4%, as demand came from the aerospace, defense, and medical verticals.<\/p>\n<p><strong>Services:<\/strong> $4.3B (+17.6% YoY), delivering a total of 72M parts (+17%). Polymers led the part volume, while metals held the greater revenue proportional share.<\/p>\n<p><strong>Long-term outlook:<\/strong> Outsourced AM part production could reach 460M parts per year by 2034, with metals overtaking polymers in terms of revenue.<\/p>\n<p><\/body><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our CEO took a step back to examine the definitive facts of additive manufacturing (AM) in 2024 :). Industry growth: The core additive manufacturing (AM) market grew by 19% year-over-year in 2024 to $12.3B, and almost half of that revenue was from SMEs\u2014a reminder of their fundamental importance, even if they were not receiving significant [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8992,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[10],"tags":[],"class_list":["post-8991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Additive Manufacturing 2024: Market Growth &amp; Facts | Brand<\/title>\n<meta name=\"description\" content=\"Our CEO reviews the 2024 additive manufacturing market. Learn about the $12.3B growth, segment insights, and long-term forecasts for 3D printing.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/smartfactory.lt\/additive-manufacturing-2024-market-analysis\/\" \/>\n<meta property=\"og:locale\" content=\"lt_LT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Additive Manufacturing 2024: Market Growth &amp; Facts | Brand\" \/>\n<meta property=\"og:description\" content=\"Our CEO reviews the 2024 additive manufacturing market. Learn about the $12.3B growth, segment insights, and long-term forecasts for 3D printing.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/smartfactory.lt\/additive-manufacturing-2024-market-analysis\/\" \/>\n<meta property=\"og:site_name\" content=\"Smart Factory\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-30T09:52:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-30T09:52:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/smartfactory.lt\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-30-124226.png\" \/>\n\t<meta property=\"og:image:width\" content=\"510\" \/>\n\t<meta property=\"og:image:height\" content=\"433\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Lukas Dapkus\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lukas Dapkus\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minut\u0117s\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/smartfactory.lt\\\/additive-manufacturing-2024-market-analysis\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/smartfactory.lt\\\/additive-manufacturing-2024-market-analysis\\\/\"},\"author\":{\"name\":\"Lukas Dapkus\",\"@id\":\"https:\\\/\\\/smartfactory.lt\\\/#\\\/schema\\\/person\\\/fe3132e020ae5aa100dd547de5a22782\"},\"headline\":\"Looking Back: Additive Manufacturing in 2024 Facts\",\"datePublished\":\"2026-03-30T09:52:43+00:00\",\"dateModified\":\"2026-03-30T09:52:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/smartfactory.lt\\\/additive-manufacturing-2024-market-analysis\\\/\"},\"wordCount\":190,\"publisher\":{\"@id\":\"https:\\\/\\\/smartfactory.lt\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/smartfactory.lt\\\/additive-manufacturing-2024-market-analysis\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/smartfactory.lt\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/Screenshot-2026-03-30-124226.png\",\"articleSection\":[\"News\"],\"inLanguage\":\"lt-LT\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/smartfactory.lt\\\/additive-manufacturing-2024-market-analysis\\\/\",\"url\":\"https:\\\/\\\/smartfactory.lt\\\/additive-manufacturing-2024-market-analysis\\\/\",\"name\":\"Additive Manufacturing 2024: Market Growth & Facts | Brand\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/smartfactory.lt\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/smartfactory.lt\\\/additive-manufacturing-2024-market-analysis\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/smartfactory.lt\\\/additive-manufacturing-2024-market-analysis\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/smartfactory.lt\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/Screenshot-2026-03-30-124226.png\",\"datePublished\":\"2026-03-30T09:52:43+00:00\",\"dateModified\":\"2026-03-30T09:52:45+00:00\",\"description\":\"Our CEO reviews the 2024 additive manufacturing market. 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