AMS 2025

AM Data Slice: What Is the Fastest Growing Metal 3D Printing Technology?

RAPID

Share this Article

SmarTech Analysis has entered a new era as the rebranded Additive Manufacturing Research (AMR). With a new name comes a new feature for 3DPrint.com: the AM Data Slice. Every week, 3DPrint.com readers will be offered a glimpse into the world of additive manufacturing (AM) broken down by the numbers in the form of a chart based on AMR’s research.

This week, AMR’s chart illustrates a comparison of quarterly metal additive hardware order revenue spanning from 2017 to 2023, broken down by powder bed fusion (PBF), directed energy deposition (DED), metal binder jetting (MBJ), and bound metal deposition (BMD). From a holistic view, the industry’s revenue from metal additive hardware orders has seen a consistent rise over the period. Specifically, PBF technology stands out as the dominant player in terms of revenue throughout the years. Starting at $131.2 million in Q1 2017, it has witnessed a steady increase, peaking at $310.7 million by Q2 2023. This should come as no surprise, as PBF is the most widely adopted metal 3D printing technology in the sector.

DED, on the other hand, saw a more fluctuating pattern in revenue but remained a secondary contributor, also unsurprising as it is the second most mature. With occasional peaks and dips, such as the notable rise to $237 million in Q3 2019 followed by a drop to $135.6 million in Q3 2020, it emphasizes the dynamic nature of market demand for this particular technology.

MBJ and BMD have relatively smaller shares of the revenue, to be expected given their comparatively novelty to the industry. However, it’s worth noting that both technologies have experienced growth over the period. Because MBJ, in particular, is being pushed as a method for mass production, we can expect this segment to expand more quickly than the other processes, with BMD as a sort of complementary technology that will grow alongside MBJ. After all, it was recently announced that Apple would be exploring MBJ for the production of its smartwatches. For this reason, MBJ is estimated to grow at a rate of 40.25 percent across the 6.5 years in the graph, while BMD will increase at a compound annual growth rate of 53.06 percent.

Share this Article


Recent News

3D Printing News Briefs, February 8, 2025: Partnership, Post-Processing, & More

Italy’s Nuclear Physics Institute’s Role in Advancing Science with 3D Printing



Categories

3D Design

3D Printed Art

3D Printed Food

3D Printed Guns


You May Also Like

3D Printing Meets Nuclear: NAAREA’s Bold Bet on Microreactors

The nuclear industry isn’t exactly known for moving fast, but NAAREA wants to change that. The French startup has ambitious plans to roll out a new kind of compact nuclear...

3D Printing Webinar and Event Roundup: January 26, 2025

In this week’s roundup of 3D printing webinars and events, we’ve got a variety of offerings to tell you about, ranging from advanced AM training, robotic simulation for aerospace, and...

Italy’s Da Vinci Bridge Reinvented with 3D Printing and Stone Waste

Italy’s city of Bari has inaugurated a new 3D printed, self-supporting bridge that, for the first time, uses waste materials from stone processing. This structure, known as Da Vinci’s Bridge,...

Featured

Update: Velo3D Enters Forbearance Agreement as Debt Challenges Intensify

See the addendum to this article for an update from 12/12/24. Velo3D is set to lay off an additional 46 employees by the end of 2024 as part of its latest...