Ampower, an Additive Manufacturing consultancy based in Hamburg, Germany, has released its highly anticipated 2025 Additive Manufacturing market report. This report analyzes global industry developments in 2024 and provides a forward-looking forecast for the next five years. It takes into account expectations from both suppliers and buyers within the sector.
Market Performance in 2024: Modest Revenue Increase
In a year marked by global challenges, the industrial metal and polymer Additive Manufacturing (AM) market saw only a modest revenue increase of approximately 2%. Ampower reported that the metal AM market declined by 2.9%, while the polymer AM market grew by 4.4% year-over-year. Despite these variations, the overall market faced a slowdown in growth due to several external factors, including economic uncertainty, geopolitical tensions, and market fluctuations.
Economic Factors Contributing to Slowdown
Customers reduced spending on AM technologies as the broader downturn in production impacted the industry. Ampower highlighted the challenges, including rising global tensions, changing political policies due to multiple elections, and fluctuations in the energy market. Despite this, material consumption remained on a steady rise, suggesting continued demand for AM applications.
Looking Forward: Outlook for 2025 and Beyond
As 2024 concluded, many AM suppliers reported a noticeable uptick in business, signaling that the earlier slowdown was temporary. Ampower is optimistic about the Additive Manufacturing industry’s future, predicting a recovery driven by renewed demand and ongoing innovation. The outlook for 2025 is one of accelerated growth, with a slight reduction in projected growth rates compared to previous years.
Sector-Specific Insights: Medical, Dental, and Defense
Dr. Maximilian Munsch, co-author of the report, highlights that the defense sector in the US and China has played a key role in driving advancements in AM. Recent political shifts are expected to create new opportunities for growth in the European defense market. The medical and dental sectors, which contribute around 20% of total AM revenue, remain essential to the industry. As more people gain access to medical care globally, the demand for dental and medical AM solutions will rise.
Methodology Behind the AMPOWER Report
The 2025 AMPOWER Report is based on over 300 personal interviews with key Additive Manufacturing managers and directors. These interviews provide insights into the technological and commercial activities within the sector. The report gathered over 44,400 data points, with responses from equipment OEMs representing about 90% of the global installed base. Ampower focused on user feedback to evaluate future developments based on demand.
Conclusion: What’s Next for the AM Industry?
The Additive Manufacturing market is poised for growth as the industry recovers from recent challenges. Ampower’s 2025 report predicts a strong market rebound, driven by new demand and innovative technologies. The continued importance of the medical, dental, and defense sectors further solidifies the sector’s long-term prospects.
Event Launch: Ampower’s Online Release Event
Ampower will host an online release event on April 2 at 4pm CET to share exclusive insights from the report. Dr. Maximilian Munsch and Timo Führer will discuss findings and answer questions about the 2024 market and future outlook. Those interested can register for the event via the company’s website.
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